Well, the market is full of uncertainty.

My personal opinion is trading less ( in term of frequency ) might improve the success rate with better profit margin.

In a way u bring down the failure rate from the market uncertainties.

I simply say only.

Affin suddenly shoots up

ciahcra: When stocks go down without much reasoning, you are left wondering ...

1. you could play the 'value' game ..
2. you could ask the chart...

If the option is 2, the obvious question all will ask is when and where can buy for a rebound play?
And yeah, for now one could look if a bounce at the ma?

Me?

Did you become the stock chaser this morning?

Whatever happen to that 'I don't chase ... skirts' ... statement?

Stay discipline my friend.
Stick to your game plan and fight no unnecessary battles in the market.

It's not that one cannot play the falling stocks.
You can actually.
But lot's of time, I see many doing it haphazardly.
The minute they see the stock fall, they want to buy already and they try to guess where the point where the stock will rebound.
This is risky.

For Takaful, yes, there was an increase in daily volume but it's not a strong conclusive indicator that the stock might turn the corner (today).
Yes, on hand, there are more ppl buying but then it can also be argued that there are more ppl selling.

And like I said, I would rather see the stock form a base first.

There's another good example recently.

UEM Land.
Stock was falling down recently.
One could have guessed where the stock might turn, it was mentioned briefly on this thread but since there wasn't any serious intent to discuss it furthermore, I decided that wind talk was more appropriate.
Anyway, if you look at the chart, you could clearly see that one didn't have to rush to buy this falling stock.
If one knows how to wait, there was opening to trade the stock and the waiting trader could have profited easily money without fighting a reckless battle.

Well said.



I hope silent readers understand the importance of what's said.

UEM is news motivated yesterday, doubt u can spot the news in yr charts earlier

I had it marked down as 1.80 as the price to buy in the other day. 

Do not know, but  I just treat UEM as the entry point for bigger co operation in SEA nations later.

" Companies in the region are also aggressively chasing acquisition targets within Southeast Asia to boost growth."

Looking for companies alone  this line.

Wah.. ask until so detail meh?

Lesson learnt yesterday... So today made some money in the market...

I use PSAR as for trend confirmation.... buy on every pull back...

Buy on pull back is in line with the up trend 

I thought u say it is a falling knife or parang

Buy I did buy lor.

Thanks.

But there  are some possibilities of shark " induced/sell  activities" where they know buyers would return to support them at certain levels, creating another wave of up trend like Takaful later.

or esle they need many  lorry loads of money  to hold and support that  stock.

Just my 2sen thinking only.

WASEONG, is it because downtrend is over and in consolidation + volume? Possible accumulation eh?

One funny thing about Takaful is

BIMB is selling down, and EPF is buying up.