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 Stock Market V28, YI FATT = easy rich!!

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moorish
post Jun 5 2009, 04:48 PM

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Duno whats wrong with me TGOFFS went up 1.650 also I din sell, keep thinking if sell edi nothing to buy, hope I din regret this next week
omores
post Jun 5 2009, 04:49 PM

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QUOTE(Baronic @ Jun 5 2009, 04:43 PM)
besides, borrowing 750k to avoid a 3k loss, is well, EXTREMELY stupid haha. come lets all laugh at me XD
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HAHAHAHHA smile.gif Hey, don't worry la. I know very sim teah. I also lost 20k earlier. Really no mood then. My first instinct oso was to put huge amount into goreng stocks to make back immediately. Luckily I know I got no luck for short term trading one. And I didn't do it, otherwise maybe looking at 50k loss instead. I just made back RM5000 two days ago. Now -RM15,000 profit to gain back. And yesterday, from my 20k lesson, I learnt to cut loss on my derivatives trading, saved me from another possible RM10k loss. So the 20k loss is actually very good learning experience for me. You might not see it now, but you'll see that you'll make sure your future investments are less risky. smile.gif

But you are starting young. There's really no rush. Go do some part time, put in extra few hundred each month into your investment capital Lama-lama jadi bukit.


Added on June 5, 2009, 4:51 pm
QUOTE(jgchoo @ Jun 5 2009, 04:48 PM)
8k chop hand... 750k chop wat? hmm.gif
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for guys, i think worst is chop below... biggrin.gif

This post has been edited by omores: Jun 5 2009, 04:52 PM
edwardlow
post Jun 5 2009, 04:52 PM

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Huh, U using which platform to trade?? Y wanna take Ah long?? Share Margin rate kan better?? Ask your remisier whether can transfer the TA-WB to other's CDS a/c lor..i am pretty sure someone willing to buy 0.1 since TA price quite good now... But anyway..nice EXP..POWER LEVEL-UP jor
Neo18
post Jun 5 2009, 04:54 PM

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QUOTE(omores @ Jun 5 2009, 04:49 PM)
HAHAHAHHA smile.gif Hey, don't worry la. I know very sim teah. I also lost 20k earlier. Really no mood then. My first instinct oso was to put huge amount into goreng stocks to make back immediately. Luckily I know I got no luck for short term trading one. And I didn't do it, otherwise maybe looking at 50k loss instead. I just made back RM5000 two days ago. Now -RM15,000 profit to gain back. And yesterday, from my 20k lesson, I learnt to cut loss on my derivatives trading, saved me from another possible RM10k loss. So the 20k loss is actually very good learning experience for me. You might not see it now, but you'll see that you'll make sure your future investments are less risky. smile.gif

But you are starting young. There's really no rush. Go do some part time, put in extra few hundred each month into your investment capital Lama-lama jadi bukit.


Added on June 5, 2009, 4:51 pm

for guys, i think worst is chop below...  biggrin.gif
*
don't worry la.. last time i remember, i stood at paper loss of RM200k at one time!! sometime in October 2008...

Now different story
panasonic88
post Jun 5 2009, 04:54 PM

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QUOTE(moorish @ Jun 5 2009, 04:48 PM)
Duno whats wrong with me TGOFFS went up 1.650 also I din sell, keep thinking if sell edi nothing to buy, hope I din regret this next week
*
you're doing a good thing. hold it. smile.gif
weihao2005
post Jun 5 2009, 04:55 PM

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QUOTE(panasonic88 @ Jun 5 2009, 04:44 PM)
min 1 lot (aka 100 shares)

start from small, why not biggrin.gif
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if RM1.00 I need to buy 100 shares meaning I must have 100k in hand?
1 share = 1k??
beginner.sorry
omores
post Jun 5 2009, 04:55 PM

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QUOTE(moorish @ Jun 5 2009, 04:48 PM)
Duno whats wrong with me TGOFFS went up 1.650 also I din sell, keep thinking if sell edi nothing to buy, hope I din regret this next week
*
You might face some profit taking, cannot zoom up 100% of the time ma. But if oil prices going to go up to USD85, like what Goldman Sachs says, then why are you so anxious to realize profits? As mentioned earlier, short term traders laugh now, but long term traders laugh hardest later.

Of course, there might be technical correction, but how to wait? I waited for weeks already... Now only start to buy. If got correction, then I just average up lor. My shares will not drop that much.


Added on June 5, 2009, 4:58 pm
QUOTE(weihao2005 @ Jun 5 2009, 04:55 PM)
if RM1.00 I need to buy 100 shares meaning I must have 100k in hand?
1 share = 1k??
beginner.sorry
*
Depending on share price. If share price is 1.00, then 100 shares (1 lots) x 1.00 = RM100.


This post has been edited by omores: Jun 5 2009, 04:58 PM
VyvernS
post Jun 5 2009, 04:59 PM

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QUOTE(weihao2005 @ Jun 5 2009, 04:55 PM)
if RM1.00 I need to buy 100 shares meaning I must have 100k in hand?
1 share = 1k??
beginner.sorry
*
1 lot is now 100 shares.
If 1 share is RM1.00, then 1 lot or 100 shares is 100*RM1.00 = RM100.
But still got stamp duty, commission, brokerage etc. So will be slightly above RM100.
panasonic88
post Jun 5 2009, 04:59 PM

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QUOTE(naz_b_85 @ Jun 5 2009, 04:41 PM)
2bil hit...now for one more target..
*
1075 (+11 pts)

1 more min to go… hopefully no manipulation again.
lklatmy
post Jun 5 2009, 04:59 PM

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Monkey business done on LMCement,jump from5.10 to 6.50.hahaha,almost 100,000 share traded at 6.50.
Very expensive push.

naz_b_85
post Jun 5 2009, 05:00 PM

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QUOTE(panasonic88 @ Jun 5 2009, 04:59 PM)
1075 (+11 pts)

1 more min to go… hopefully no manipulation again.
*
Monday bullish
moorish
post Jun 5 2009, 05:01 PM

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QUOTE(panasonic88 @ Jun 5 2009, 04:54 PM)
you're doing a good thing. hold it. smile.gif
*
QUOTE(omores @ Jun 5 2009, 04:55 PM)
You might face some profit taking, cannot zoom up 100% of the time ma. But if oil prices going to go up to USD85, like what Goldman Sachs says, then why are you so anxious to realize profits? As mentioned earlier, short term traders laugh now, but long term traders laugh hardest later.

Of course, there might be technical correction, but how to wait? I waited for weeks already... Now only start to buy. If got correction, then I just average up lor. My shares will not drop that much.
*
Thats the thing I'm thinking, if I decide to play long long like years then I just close eyes and keep this counter, unless the capital gain can reach 80% then I sell if not I just keep. Just now saw NEO sold his at 1.58 I also tempted edi.

I think just keep la hor, if market major correction I buy somemore to avg out after all I oni bought 4 lots. What you guys think?

If gian monday can play tranmill drool.gif
weihao2005
post Jun 5 2009, 05:01 PM

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QUOTE(VyvernS @ Jun 5 2009, 04:59 PM)
1 lot is now 100 shares.
If 1 share is RM1.00, then 1 lot or 100 shares is 100*RM1.00 = RM100.
But still got stamp duty, commission, brokerage etc. So will be slightly above RM100.
*
oh. thx. been watching this tread for many months di. plan to open trading account next month and start investing.smile.gif
omores
post Jun 5 2009, 05:02 PM

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QUOTE(lklatmy @ Jun 5 2009, 04:59 PM)
Monkey business done on LMCement,jump from5.10 to 6.50.hahaha,almost 100,000 share traded at 6.50.
Very expensive push.
*
Really? Oh damn, YTL-CMT oso shot up. I wanted to buy at 3.50... But forgot all about it....


Added on June 5, 2009, 5:03 pm
QUOTE(moorish @ Jun 5 2009, 05:01 PM)
Thats the thing I'm thinking, if I decide to play long long like years then I just close eyes and keep this counter, unless the capital gain can reach 80% then I sell if not I just keep. Just now saw NEO sold his at 1.58 I also tempted edi.

I think just keep la hor, if market major correction I buy somemore to avg out after all I oni bought 4 lots. What you guys think?

If gian monday can play tranmill drool.gif
*
smile.gif as long as ONG do not have nasty surprises. Keep your TGOFF.

For those holding ALAM and BHIC, please dump. smile.gif

Cos I didn't get enough.

This post has been edited by omores: Jun 5 2009, 05:03 PM
mopster
post Jun 5 2009, 05:06 PM

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QUOTE(cherroy @ Jun 5 2009, 04:44 PM)
Purely from stock market perspective, indicators, momemtum, market does look quite bullish.

But the main problem is that fundamental economy figure is showing less bad, not yet positive.

Market is built on recovery expectation. Example like figure trend from 10, 5, 0, -5, -10, -8 and now -5, which market expect it to turn to positive soon so market keep on rallying.
But there is no certainty it can turn into 10 back. It could turns to 0 or 1-2 only.

Expect market to recover back and recoup all the loss previously to 1200, 1300 or 1,500 within 1-3 years time?  hmm.gif
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yeah i concur.. i plan to buy some good stock now for long term.. im too timid to goreng lol...
omores
post Jun 5 2009, 05:06 PM

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QUOTE(weihao2005 @ Jun 5 2009, 05:01 PM)
oh. thx. been watching this tread for many months di. plan to open trading account next month and start investing.smile.gif
*
Hei weihao, welcome. For starters you should also check:

Beginner question
http://forum.lowyat.net/topic/609001

FAQ for LYN (done by Kmarc, ongoing but very good basics)
http://forum.lowyat.net/topic/1039913
panasonic88
post Jun 5 2009, 05:09 PM

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yay! nice paper profit $$$$$ on today. biggrin.gif
omores
post Jun 5 2009, 05:09 PM

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QUOTE(moorish @ Jun 5 2009, 05:01 PM)
Thats the thing I'm thinking, if I decide to play long long like years then I just close eyes and keep this counter, unless the capital gain can reach 80% then I sell if not I just keep. Just now saw NEO sold his at 1.58 I also tempted edi.

I think just keep la hor, if market major correction I buy somemore to avg out after all I oni bought 4 lots. What you guys think?

If gian monday can play tranmill drool.gif
*
Just keep la. Unless you want to change to other oil marine vessels, because TGOFFs have high P/E compared to the other companies doing the same thing. But I don't see why you need to profit take on TGOFFS yet. So long as ONG price is up, Petronas is gonna keep all chartered vessels busy.

So far market very bullish. I'm the everlasting bear oso start buying ONG stocks already, you want to dump meh?
moorish
post Jun 5 2009, 05:09 PM

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QUOTE(omores @ Jun 5 2009, 05:02 PM)

smile.gif as long as ONG do not have nasty surprises. Keep your TGOFF.

For those holding ALAM and BHIC, please dump. smile.gif

Cos I didn't get enough.
*
HAHAHAHA...very bad gurl. same here with me, when I go conservative I'm too extra conservative, plan to buy 20k, I split into 4, buy 5k first and use 15k to back up in case price drop doh.gif

When go reckless, I go all the way too reckless dive into warrant doublefacepalm.jpg

why no middle wan ah? icon_question.gif
fergie1100
post Jun 5 2009, 05:11 PM

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v29 created...... i knew a lot of ppl will curse me tongue.gif

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