$Genting Sing (G13.SG)$ My friends often ask me what they th...
My friends often ask me what they think of this stock.
First, looking at my own trading system, I am currently in a “junk market”, which means there is no clear, more likely direction that is bullish or bearish. If you want to do a good deal, you must analyze the market after making a choice before you can act. Any act of rushing ahead of the market is an act of a gambler.
The trend trading of US stocks is a system with a high win rate, while the opposite is true for Singaporean stocks; the market is mostly volatile. If you analyze this stock using a trend trading method, it is now a bearish trend. As mentioned earlier, most Singaporean stocks are volatile. The winning rate of trading is estimated to be 50%-60%. The winning rate is not high; the trend trading method is used as appropriate.
Off-topic: Everyone knows that when you gamble at a casino, the win rate is 50%: 50%, and the odds are 1:1. So as long as you gamble long enough, your assets will return to zero sooner or later. The stock market is also like a casino, but the odds are not the same here, and the win rate is not the same. What an investor needs to do is not to buy big and buy small based on feeling, but to invest through a trading system (quantification for short) that verifies winning rates and odds through a large number of samples. Gambling only sees your assets hide in the sky, and there is no end in sight, and real wealth is accumulated by countless definite small gains. I wish all friends a smooth transaction.
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⥣LiD1016⥣ OP : Nothing is 100% certain in the stock market, but as long as there is a 60% probability of certainty, it can be said that it is a definite thing