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The Trading Floor
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wavehunter
Supreme |
28-Apr-2026 17:55
Yells: "Trade what you see, not what you hope to see." |
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What is even scarier is someone clicked on a link posted at that forum but did not order anything and did not provide any bank details. Subsequently discovered unauthorised withdrawals from her bank account. Her retirement savings of 200k was wiped out. She had worked all her life in a neighbourhood confectionery saving up for retirement and looking forward to stop work in a few years time. She said with her retirement savings gone, she will have to keep working. She wakes up every morning crying over this loss. Its not just loss of money. Its the loss of her retirement. Retirement is something you work 30 to 40 years to enjoy. It is the fruits of a lifetime of work. And that was stolen from her. How not to cry every morn? So heartbreaking. This is why I do not have banking apps in my phone. I do all my banking on my computer. And I dont use social media on my phone. My phone is predominantly to maintain contact with wifey only. Really. I know for many of you, it will be difficult not to use your phone for almost everything else in your life. In which case lock your savings in a vault which cannot be accessed via online transactions. Yes, it is troublesome if you need to access your money. You need to go to a bank. But think about losing your retirement savings and waking up crying every morning. It didnt happen to you. But if sway sway you kena scammed, you will agree that the inconvenience of having to go to a bank to access your retirement savings is worth the protection you are getting. My in-laws are so fearful about losing their millons that they dont even have an online banking account. They do all their banking physically at the bank - old school method. Back then, no one could lose their life savings to a scam. We tend to take this threat too lightly and dismiss it as " wont happen to me one lah" . Until it happens. But its too late. I cannot imagine losing all my retirement savings and as a result, I have to come out of retirement to go back to work. Cannot imagine. So always be careful. Dont say wont. |
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halleluyah
Supreme |
28-Apr-2026 17:11
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another one is Carousell......
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wavehunter
Supreme |
28-Apr-2026 16:55
Yells: "Trade what you see, not what you hope to see." |
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Many times....too many to remember....whenever I read about a sca m story, it happened at that forum. Dunno why I cannot use the full name of that forum. Admin here kept rejecting my post.
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wavehunter
Supreme |
28-Apr-2026 16:51
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Haha ........
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wavehunter
Supreme |
28-Apr-2026 16:50
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
A gentle reminder - beware of e-commerce scams.
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halleluyah
Supreme |
28-Apr-2026 16:34
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bro sanvan, be careful....avoid facebook things...lots of scam....
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sanvan
Veteran |
28-Apr-2026 16:25
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Lenskart has a sale. Saw it in my Facebook page. 2 pairs of glasses with basic progressive lens. Buy their voucher at $100. Go down to their stores and redeem for your 2 pairs. They will will home deliery your glasses. Check it out. |
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risktaker
Supreme |
28-Apr-2026 16:24
Yells: "Posts are opinions. Do not take it as investment advise " |
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I am looking at SQQQ | ||||
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wavehunter
Supreme |
28-Apr-2026 16:04
Yells: "Trade what you see, not what you hope to see." |
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This young man in a trailer on CNA says.... " I helped to improve an AI software. Now AI takes away my job." Shake head. It seems like AI can take away many jobs. Especially those jobs which does not have physical or manual work but predominantly mental work.The more manual the work is, the more unlikely it is for AI to take over that job completely to remove a human worker. Examples ? A chef. A cleaner. A cement mixer truck driver cum operator. A tyre repair/replacement workman. An embalmer. A barber. A beautician offering facial cleansing and spa-related treatment/services. Anybody here knows of an AI which can make all trading decisions to BUY and SELL with consistent good results? If have and can be tailored to any market, I dont mind trying. |
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wavehunter
Supreme |
28-Apr-2026 15:24
Yells: "Trade what you see, not what you hope to see." |
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Iran is in a no-win situation. As long as this naval blockade continues, Iran will one day run out of money and have to close shop. If you dont pay your soldiers, you cant expect them to " Yes Sir" and run around for you. So to do nothing means to Tan Si. If do something, then do the needful, do the smart thing. And this is where I wonder what is the mindset of the leadership. Dont care... dont surrender....dont give in. At most, die only. Just dont go down without a fight. Fight till last breath. And before dying, fire everything they have at Israel and Gulf states to punish them. Bring as many of the people of Israel and Gulf states along with you when you die. Is the above the mindset of the leadership ? Or is it a more rational and right-thinking one where they say... " What' s the point of dying when you will be replaced after you are gone and nobody will remember you or your deaths becoz nobody gives a shit about you. Shouldnt our priority be to survive so that we are still around, our regime is still around, and we live to continue the struggle to resist the Zionist and oppressive regime another day?" I wonder. As for the hardliners, publicly they may say they are not afraid to die and they are all ready for martyrdom. If so, then why hide and live in underground bunkers and dare not come out ? |
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risktaker
Supreme |
28-Apr-2026 14:40
Yells: "Posts are opinions. Do not take it as investment advise " |
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I believe it very close 😉 have u guys prepare ? | ||||
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wavehunter
Supreme |
28-Apr-2026 14:19
Yells: "Trade what you see, not what you hope to see." |
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Which is why sound money management requires that a wealthy person puts say one-quarter of his wealth into equities and the other three-quarters in bonds, FDs, Gold etc. If there is a crash and stocks go down by 40%, only one quarter of your wealth is down by 40%. You still have the other three-quarters from which you can decide how much of it to move to stocks to take advantage of the buying opportunity. But if you are all-in into stocks becoz you are gungho about stocks, then your entire wealth is down by 40% when such a crash comes. And you will have no more capital to put to work to average down your cost. Which is why financial planners always say - " Diversification is the key to staying solvent" .
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wavehunter
Supreme |
28-Apr-2026 13:57
Yells: "Trade what you see, not what you hope to see." |
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Actually, we already know from historical data that every market seldown is a buying opportunity. The more Chiak Lard the selldown, the more $HIOK the lobang is. But as always, our biggest problem is how to still have most of our capital with us to put to work when such a selldown comes. This is a work-in-progress. And I think not a problem only for the very wealthy who have so much money that out of prudence, they must park their excess money in FDs, SSB, Treasury Bonds, Gold etc. Then when a selldown comes, they can move some of that money from safer assets to equities to reap the massive gains when the market recovery comes. For us wage earners who have limited resources, we want to grow our capital quickly. Hence we tend to put our money to work and run out of ammo by the time a selldown comes. |
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wavehunter
Supreme |
28-Apr-2026 13:49
Yells: "Trade what you see, not what you hope to see." |
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When he was stuck, this lobang was literally a lobang, ie. a hole in the ground which swallowed up his capital. Little did he know that this hole in the ground will years later become the entrance to a gold mine. Heheh. 
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sanvan
Veteran |
28-Apr-2026 13:42
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Bro Caesar, Next time, got AEM type of lobang, please share. Multi bagger.
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sanvan
Veteran |
28-Apr-2026 13:19
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I agree it was unexpected that the rights were going to be under subscribed. I applied only for my entitlement, rounded down to avoid odd lots. No excess rights applied. In fact, gave up some of my entitlement to round down. But, there is now a second opportunity as we seem headed to 2.50. Thats a magic number. A screaming buy. Why is it there? US treasury 10 yr has again peaked to 4.35% and results are less than stellar.
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sanvan
Veteran |
28-Apr-2026 13:07
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x 0
x 0 Alert Admin |
2.51 : 2.52 Jialat.
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wavehunter
Supreme |
28-Apr-2026 12:47
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Bro yoga, Your Rights entitlement was 840 meaning you have 30,000 shares. Sis halle is saying if you had applied for say 15,000 shares, you could have been given 1500 to 2000 shares instead of the 900 shares you applied for and was given. But that' s becoz this time round, the Rights shares were undersubscribed. Which was unexpected. The placement shares were oversubscribed. As always. And mind you, the placement shares were priced more than 5 cts above the Rights shares somemore. So who would have thought the Rights shares would be undersubscribed.
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yoga123
Elite |
28-Apr-2026 12:31
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Well, I was allocated 840 shares but decide to apply for 900 shares and managed to get it. 👍
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yoga123
Elite |
28-Apr-2026 12:27
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Yeah Sis halle, I should have waited and buy today instead. Nevermind lor, better than keeping in savings account. 🙂
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