![]() ![]() To me, Sembcorp Marine was at a really low price so I bought it at around $2.80-plus. Rayner Teo (Rayner): The earliest one that I remember is trading Sembcorp Marine shares. Do you remember the first time you made a loss in your trades? Read Also: Singapore’s Most Followed Trader, Rayner Teo, Discusses How The Increase In FX Margins May Affect Tradersĭinesh Dayani (Dinesh): We always start this column with the same question. ![]() ![]() In this edition of #MyFirstLoss, we speak to Rayner Teo, one of Singapore’s most followed traders on his YouTube channel (with over 700K subscribers) and his blog TradingwithRayner, to find out more about how he overcame his first loss. They are also making mistakes regularly, but more importantly, are learning from them all the time. Even today, experienced traders continue to suffer losses as part and parcel of their daily trades. What you may not realise is that even the most experienced traders probably suffered the same rocky start as you. Looking at successful traders, you may also wonder how they get it right all the time and what the secret formula is. This could be because you go in underestimating how much work is needed to be successful. RAYNER TEO FULLYou can view our full editorial policy here.įor new traders, suffering a big loss may be paralysing and force you out of trading entirely. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. This article was written in collaboration with IG, the world’s No.1 CFD provider (by revenue excluding FX, June 2020). All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. ![]()
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