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 Bursa Traders Thread V1, Coook cooook cooook !

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magika
post Sep 27 2012, 09:18 AM

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QUOTE(kueyteowlou @ Sep 27 2012, 09:13 AM)
tongue.gif  because MAS broke RM1.. so short market today...

let me see an entry signal first..  hmm.gif
*
Huh, Mas still trading at lowest, broke wat..? rclxub.gif
magika
post Sep 28 2012, 10:28 AM

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oh..oh SYF support broke..
magika
post Sep 28 2012, 10:43 AM

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QUOTE(Boon3 @ Sep 28 2012, 10:40 AM)
Adoi!
You went in? tongue.gif
*
I went out two days ago, I think.. tongue.gif
magika
post Sep 28 2012, 11:00 AM

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QUOTE(Boon3 @ Sep 28 2012, 10:49 AM)
Whatever happen to be cautious on the 'buy on rumours sell on news'? tongue.gif
*
Yeah, my bad, loss brokerage only though..
magika
post Sep 28 2012, 11:07 AM

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QUOTE(Boon3 @ Sep 28 2012, 11:05 AM)
Any tips to share?  brows.gif
*
yeah, wait for breakout confirmation.. tongue.gif

Wan to buy something today, nothing interseting.. Gocean breakout ...forever a gambler.. tongue.gif

This post has been edited by magika: Sep 28 2012, 11:08 AM
magika
post Sep 28 2012, 11:14 AM

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QUOTE(Boon3 @ Sep 28 2012, 11:11 AM)
LOL! No medicine to cure! tongue.gif
*
Yea, no medicine can cure. My missus says, when free take few friends to Oldtown for coffee better. rclxms.gif


Added on September 28, 2012, 11:15 am
QUOTE(yhtan @ Sep 28 2012, 11:09 AM)

Btw i touch on JCY CW before, it is a roller coaster ride which i cannot take it, capital can be lost double digit in short of period rclxub.gif
*
I bought a lot Jcy-Ce before, managed to escape with some profits..

This post has been edited by magika: Sep 28 2012, 11:15 AM
magika
post Sep 28 2012, 04:10 PM

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There is a fight on one side pushing up indexs, the othe side pushing down ...Chef is it you.. tongue.gif
magika
post Sep 28 2012, 04:22 PM

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QUOTE(Boon3 @ Sep 28 2012, 04:19 PM)
Someone very happy.
27 sen wo!

tongue.gif
*
No buy.

Watching Ah Jib on TV#, bullshitting , ridiculing opposition and self praising... shakehead.gif


Added on September 28, 2012, 4:24 pm
QUOTE(SKY 1809 @ Sep 28 2012, 04:21 PM)
Yr Go ocean limits  up. what happens  hmm.gif
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Wat, all goreng share went up is me.. Chef is the one lah.. tongue.gif

Boon3 sifu say breakout man..

This post has been edited by magika: Sep 28 2012, 04:24 PM
magika
post Sep 28 2012, 04:29 PM

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QUOTE(kueyteowlou @ Sep 28 2012, 03:54 PM)
oh i feel i am quite male chicken...

1640 touched.. then falling down.. lol
*
Male chicken nevermind dont be female chicken.. brows.gif
magika
post Sep 28 2012, 04:37 PM

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IHH breaking out.. rclxms.gif
magika
post Sep 28 2012, 04:47 PM

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QUOTE(Boon3 @ Sep 28 2012, 04:46 PM)
rolleyes.gif  shocking.gif  rolleyes.gif

3.19 or 3.20?  laugh.gif
*
3.21
magika
post Oct 1 2012, 10:48 AM

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QUOTE(Boon3 @ Oct 1 2012, 10:25 AM)

i also feel i m quite long gas.. walao.. u r writting 5000words report to me ah? LOL!

Your kelapa la. Mana ada 5000 words? Report Big Sum ah?
Good things never short.
LOL! tongue.gif

anyway.. why do u want to look at 5years chart when u r trading only short term ?

speculators should look at shorter period right?  hmm.gif

Yes and No. tongue.gif
Speculators of course look at the shorter period.
That is correct but for Ann Joo, you need to understand what is driving the stock.
The stock is in the steel sector and steel sector business is not good until boom boom sound.
Some losing big money too.
Therefor, in my understanding the stock is driven by the long term outlook.
What does the long term outlook of the stock says?
What does the long term chart says of the stock?
If the long term chart is so bearish, whatever short term movements of the stock is not going to change much.
Not until the long term chart reverses.
Basically, you are betting against the main trend.
Shit, out of topic and I am not going to delete the above.
The 5 year chart posted has a strong meaning.
Look at any of the charts now. The 6 month, the one year, the 2 year. What are they saying?
They are saying Ann Joo is clearly rolling down hill.
Where to?
The 5 year chart shows the possibility of where to.

The reason i posted out the chart... and also.. the reason i posted plan.. i m too good imagination for the right side for the chart.. i learnt this.. without sure confirmation.. we should not enter on it.. at least have to touch 2sens higher of my Entry price.. i cannot wait for the fish come to me.. my patient is not enough on fishing.. this is what I learnt...
Everyone bets on the right side of the chart leh.
tongue.gif
For that 6 months chart in May of Ann Joo, you are betting ahead of an event.
You bet because you assumed a 2 kali bottom might happen.
Note this is a common trading strategy.
Remember someone posting about YTL Corp the other week?
He was betting that a 2 kali bottom could happen.
It's a justifiable bet and sometimes it will be rewarding.
The alternative is to bet when it happens.
This is the sort of kiasu method.
Look at the Ann Joo chart pattern again.
If the dua kali bottom would happen, what's the possible max result of such a trade?
Maybe a 1.92? Maybe more.
So if you enter at say 1.76, AFTER the confirmation, you could set your CL at 1.73 and still have a rewarding betting scenario.
If you goog about this, you can find debates on being early (your style here) versus being late (betting only after confirmation).
Lot's of pros and cons mentioned.

Waiting is a very important factor.
If you cannot wait, better don't play.
You wait to buy and you will wait to sell.
If you short cut this, you will short cut your profits.

Alamak! Let go so many words liao.
Someone will complain again. tongue.gif
*
Good job, very informative , glad we have you , hard hitting and good reasoning... rclxms.gif

Btw, Boon, how to differentiate breakout vs technical correction.. icon_question.gif

This post has been edited by magika: Oct 1 2012, 10:53 AM
magika
post Oct 1 2012, 11:01 AM

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QUOTE(Boon3 @ Oct 1 2012, 10:57 AM)
A breakout is included in a technical correction.
Correct ah?  sweat.gif
*
Not sure hmm.gif

So must hedge bets before news come out. Eg before budget buy after budget sell..

SYF on the wane..

This post has been edited by magika: Oct 1 2012, 11:02 AM
magika
post Oct 1 2012, 03:49 PM

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JCY coming up.. tongue.gif
magika
post Oct 1 2012, 04:06 PM

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QUOTE(Boon3 @ Oct 1 2012, 04:01 PM)
What took you so long to post this? tongue.gif
*
wat can buy today? tongue.gif
magika
post Oct 1 2012, 04:12 PM

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QUOTE(Boon3 @ Oct 1 2012, 04:11 PM)
I need to know my manners first.
Kamsiah for the green stuff.  rclxms.gif

Now buy what ah? hmm.gif

tongue.gif
*
oh..ho put me on the table for the green stuff tongue.gif

Nicorp ??


This post has been edited by magika: Oct 1 2012, 04:13 PM
magika
post Oct 1 2012, 04:17 PM

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QUOTE(Boon3 @ Oct 1 2012, 04:16 PM)
You mentioned to me one what. tongue.gif

Nicorp? Dunno how to bet. tongue.gif
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Shit ?
magika
post Oct 1 2012, 04:27 PM

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QUOTE(edwin32us @ Oct 1 2012, 04:25 PM)
Sold at 0.095  rclxms.gif

now queueing again at 0.85.. Hope to catch back again..  icon_rolleyes.gif
*
good trading skills.. rclxms.gif

wat happen to roti kaya..


Added on October 1, 2012, 4:29 pm
QUOTE(Boon3 @ Oct 1 2012, 04:24 PM)
shocking.gif

Teruk nya!

tongue.gif

Lucky I cow smart to understand what male chicken you talk about.
This one so like that lah.
Like want to but also like don't want to...
Now I tarik harga lah.
I see how 93 sen first.
Wait, maybe 97 sen better lah.

tongue.gif
*
Shit looks good mah..

Man Best Friend coming ...

This post has been edited by magika: Oct 1 2012, 04:30 PM
magika
post Oct 1 2012, 04:32 PM

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QUOTE(Boon3 @ Oct 1 2012, 04:31 PM)
I know. tongue.gif

problem is.. it had been 'looking' nice for a while already.
yet the price, is lebih kurang the same place.
If I buy, I buy much higher lah.
I wait 97 sen first.  laugh.gif
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oops forgot lah... doh.gif buy high sell higher... notworthy.gif
magika
post Oct 1 2012, 04:42 PM

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QUOTE(Boon3 @ Oct 1 2012, 04:34 PM)
tongue.gif

Got masuk jail? tongue.gif
*
u got cctv meh..looking only... icon_question.gif

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