becoming a sucker again

by mid year 2002. after reading investment books, checking out those common 'get rich quick scheme websites', 'also those last minute deals & better hurry before is too late websites' & blah blah. its time to go for a course & ask real questions to a real course tutor/ (un)professional investor. no doubt their very expensive, but i guess thats the price to pay to extract their knowledge. (on hindsight, i've became a sucker again)

the preview courses i've attended (the date/ timing of attendance is not in order)
- tradethetruth by bill
- celestialoptions by foong
- t3b system by melvin
- freely by clemen
- teraoptions by david
- powerup by kishore
- wealthmentors by mirriam
- investor toolbox/ kit (can't remember, but it was about industry group sector, its an american & arab partnership joint venture)

politically incorrect review (in order)
- m'sia fund manager, a democrat from usa. uses metastock & now promotes hedge fund
- private investor, very basic & dry course, zzz... but his website is informative on his course outlines
- private investor& suggest us to stop our learning, so we won't get confuse after learning his system. he can perform real time analysis & show his stock selection. quite impressive & rm1k p.a to subscribe their system
- private investor, very basic & dry course, but can't seem to find testimonials from his students
- it was conducted by his student, so i was dissappointed. they talk about cover calls & since he is a hedge fund manager, why can't we participate in his hedge fund (as he attest its doing very well)
- private investor, suggest review stocks via msn.com & rm1k p.a for her newsletter
- my first preview & everything they say seems to make practical sense. its just like meeting your 'friendly' unit trust/ insurance agent (ex-friend) for the first time & years later, wondering why you have invest/ paid the premiums???

which course would u pick? (anyway, when it is time for one to get their feet wet & head to stock market battle, it is time!) my tuition fees, mental anguish fighting greed & fear, learning to cut loss & be emotionally detached, further book readings, portfolios up & down, various chats with 'chicken' & 'brave' students/ investors, multiple capital injection & bailouts to my own account would last from july 2003 to july 2008. in a nutshell, i was still paying big tuition fees to the market after attending an expensive course & still losing the battle...

this is what happens when one break the rules ;) well, human nature... for me, this is basically a journey of self discovery. there were massive analysis, throwing out of methods & reincorporating them again or just throwing them away for good. most investors would have their own type of system & preference. it is a trial & error process. in theory, you may plan to do something, if the stocks act in a certain manner (eg. breakout). but when it really happens & decisive action is needed from oneself, theory & practice differs.

i went for the course conducted by bill (he recommended us to have an edge). he showed me the books to read & the direction to expand my knowledge. he also teach to look out for/ read weekly charts, doji, price & volume. it seems easy at that time, however i still feel something missing due to the fact of the stock market tuition fees being incurred (& technical analysis doesn't help in breakouts). furthermore, paper trading SUCKS!!! it would be better to put in small capital & trade the so called methods taught by the courses & see your emotions at work.

well, after much reading & paying for further information/ (oh no, here we go again...) more discovery. i later incorporated industry groups, 50 & 200ma. i'm currently using investors.com by william o'neil (ie. ibd/ canslim). there is some tweaking & incorporation of data from other free investment websites. whatever it is, for the moment, i feel comfortable with my own investment style. also, from what i paid in the course to learn, i discover i could buy it cheaper & by reading it myself. gee... i guess the advise & direction bill set for me, 'did' assist me to separate the big crooks from the smaller crooks :)