Archive for December, 2007

20 day Simulation activities Conclusion

Posted by Stefanus Wardoyo on Sunday 16 December 2007

Dear alls,

It’s been a long time I dont write here.

As I promise in my last posting, I must give the conclusion, what can we get from my Simulation activities in 20 days.

  1. If you want to do day trading, you must SPARE TIME much in a day, to read articles, read news, watch the price second by second. Never ever do day trading if you are still have another active job like me. It will disturb your main JOB.
  2. Even you get profit from day trading, but, if you get the profit without any Technical Analysis, YOU JUST LUCKY, IT’S NOT PROVE THAT YOU ARE PRO IN DAY TRADING
  3. If you want to be an investor in stocks market……invest only your FREE MONEY, and only buy, never sell. Get the dividen for life…..this is my TARGET
  4. FUNDAMENTAL ANALYSIS this is the most important thing when you want to invest your money in Stocks Market

That’s all.

So, sorry, I must face the reality, I cancel my plan to enter stocks market with Credit Card Loan. And now I will compound my money in Reksadana Saham first, and will enter Stocks Market soon will my own money.

Thank you.

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14 - 18th day Simulation Activities Report

Posted by Stefanus Wardoyo on Sunday 2 December 2007

The market was bullish….
ANTM reach 5000
BUMI reach 6000
Mining sector was pretty this weeks.

But…I do nothing…. I have a big problem last week, and I am a little bit busy in my primary job. Beside that, I’ve just sell my ANTM at 4500, and the price was fly to 4700 - 5000….I was wait ANTM price back to below 4500, but It’s didn’t happen yet.
Other factor, I still have BMRI 3 lot and JSMR 1 lot and I didn’t want to sell it yet, because I know that BMRI will rise at the end of the year after The Fed cut interest rate.

So, I’ve just act as a commentator last week:(

What is the lesson ?
It’s very hard to play short term trading, with a small start up capital !!!

I think, I will revised my plan….
It’s to risky to start invest in stocks market with credit card loan (although we only have to pay 3% a month).

I will give a detail conclusion in another article.

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