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My approach towards investing
14 Aug 2020 (474 views)  


My trading on Tesla shares over the past two months has been quite profitable. Most times, I made profit when the share price was going up and when it was coming down.

I attribute my success to two important factors - luck and analysis. Both of which are probably of equal weight.

One can have good analysis, but if the luck is not on your side, you cannot make a profit.

Similarly, you cannot depend on luck alone. You need good analysis to make the right judgment.

I was able to read the trend for Tesla quite well, because I have been following the share very closely for more than a year.

I understand the company in great depth. I understand its market, its products, its competitive advantage.

I also have the help of my crystal ball (CB). Most times, its whispers turn out to be correct. I will not part with CB for any sum of money. (Sorry - not for sale!)

My other investments are not doing so well now. Most of them are showing paper losses. I keep them because they are grossly under-valued and pay good dividend.

I am patient, waiting for their recovery. I hope to be able to tell interesting stories about this strategy some time in the future, but not now.

Tan Kin Lian





 


My approach towards investing
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My trading on Tesla shares over the past two months has been quite profitable. Most times, I made profit when the share price was going up and when it was coming down.

I attribute my success to two important factors - luck and analysis. Both of which are probably of equal weight.

One can have good analysis, but if the luck is not on your side, you cannot make a profit.

Similarly, you cannot depend on luck alone. You need good analysis to make the right judgment.

I was able to read the trend for Tesla quite well, because I have been following the share very closely for more than a year.

I understand the company in great depth. I understand its market, its products, its competitive advantage.

I also have the help of my crystal ball (CB). Most times, its whispers turn out to be correct. I will not part with CB for any sum of money. (Sorry - not for sale!)

My other investments are not doing so well now. Most of them are showing paper losses. I keep them because they are grossly under-valued and pay good dividend.

I am patient, waiting for their recovery. I hope to be able to tell interesting stories about this strategy some time in the future, but not now.

Tan Kin Lian





 

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