josh tan lost 550,000 $ on stock market
#1

https://youtu.be/dkEco0Fs8to
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#2

no wonder those options peddlers keep quiet last few mths
their clients all lost until tengkor
now chloe is back to peddle it again
thomas yin change to peddle forex
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#3

so its true
90% of the traders lose money
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#4

If u watched finished this clip of his, you do know he was doing click bait? And he is simply narrating one of his fans who send him his story as a warning to others …
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#5

(02-01-2023, 09:21 PM)Alam Wrote:  If u watched finished this clip of his, you do know he was doing click bait? And he is simply narrating one of his fans who send him his story as a warning to others …

there was a guy who follow chicken genius
and he lost 650,000
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#6

Ya, clickbait. He was just using his viewer's experience to attract views. Anyway, he is not doing that well himself.
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#7

Can sleep well tonight Big Grin

https://sgtalk.net/Thread-Sin-Heng-Heavy...ffer-58cts
Always fight lowball offers wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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#8

All die together.


Smile
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#9

If you have $1M and loss $550K is bad.
If you have 10M and losk $550K it's nothing.

Buffett probably lost 2B or 3B last year but it's nothing.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#10

Josh Tan said his viewer  started in 2012 and lost 500k in stocks and options.

Look at the chart below of IWDA the widely diversified ETF based on MSCI Global index. It tripled from 2012.

What we learn is this. Most investors do well to buy regularly and dollar cost average into a diversified index like world index or S&P500.

They should never try to pick stocks because they will never reach the proficiency level to pick stocks well consistently 

They should not touch options at all 

.they should not waste time watching the market and guess where it is going like Josh Tan 


[Image: mrCdwV2.png]

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#11

Not that he'd lost 550k, he was just reading out the letter from jason probably his follower
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#12

Lucky ah butt papers trading all this years if not same same will loose until tengkor 

Laughing
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#13

How can it be so easy to win money.
Nice word is investing but basically is gambling.
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#14

those have less than him can rejoice in coming festive season Rotfl
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#15

(02-01-2023, 09:21 PM)singaporean1964 Wrote:  so its true
90% of the traders lose money

many lao uncle/aunties loses their cpf money.
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#16

(03-01-2023, 08:03 AM)FartSunKing Wrote:  Ladies and gentlemen

That Jason Cai made $348K trading/investing in stocks and options over 10 years

His net loss $203K nia

His present portfolio is worth $609K

BTW, my >5K a day losses totaled $2,623,700 over 8 years, from Nov 2004 to Nov 2012

$2.6M IDR is only $200 Sg $.
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#17

If so easy to win money there will be no poor people around. I believe that winner belong to the rich.
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