Hi. From reading many previous posts, there seems to be lots of experienced stock market players here. Hope a newbie to this thread is welcome...

Sure u are most welcome.

We are running out of ideas on how to identify stocks can jump 300%

Need some new ideas from u

This post has been edited by SKY 1809: Jun 16 2013, 05:46 PM

Luck is not enough to win. Mana ada system reminds me of MAS shares which
crashed. That is why I rely on charts to detect danger and opportunity, better
than no system.

Good

Can u identify some stocks through your charts that have the chances to go up 100% let say within a year to 2

Mind to share .

This post has been edited by SKY 1809: Jun 16 2013, 05:58 PM

I was hoping I could get such answer here, but you ask me the question instead! I have seen some members here share some tips and info on stocks and some of those gives some good results But I haven't been able to identify any such stock myself.

Maybe u have a better system to share, we are open minded people

I am not magician . I am not day-trader and only look at end of day closing prices to detect trends.
I do not stare at computer screens for hours. My strategy is to detect stocks which can rebound or
are about to move up and hold on to them until I have to cut loss or take profit, hoping to hang on
as long as supports do not break. Must be very patient because shares can take weeks or months
to move. No 100% guarantee it works all the time. No magic system but better than nothing as it can
help me reduce my losses before big crashes and also catch some big moves and profits. Also get
better sleep at night.Can others share how they decide what and when they buy and sell ?

WE have versions 1 to 132 to share . don.t u know that ? not counting reits, US and others .

Whereas yours , nowhere to be seen yet


Ya charts n charts, but where

This post has been edited by SKY 1809: Jun 16 2013, 06:22 PM

No system to share. Mostly read here and there, check on tips and info, point and shoot hoping for some pocket money.

For short-term traders, I guess the key is to identify which stock is going to breakout and move upwards. That is not easy to do. Sometimes its analysis, sometimes its luck. Sometimes its from tips or info from others. Problem is that this method could also cause you losses if you get caught in a pump and dump game.

well said , I like + one.

Many here in fact have migrated to FA for longer term.

If a company u know continues to make good money, it is just a matter of time this stock would move somewhere in the future. for better value ( from under value ) .

IF by luck , like one dumb stock of mine moves 200% in 6 months.....sori no intention to boost , just share share only

This post has been edited by SKY 1809: Jun 16 2013, 06:37 PM

For short-term trade, for very small profit (pocket money), I look for counter which price has come down a little (for whatever reason), then buy it with the hope that the price will go back up again to the level before it dropped a little. Then sell it to gain that little profit. This is just small price movement up and down, not large drops or large increases. Maybe the stock is doing some minor correction.

Wow !Too many versions on specific stocks to read them all. I have not seen any sharing on how people here "generally" decide
what and when to buy and sell. If based only on FA, I would like to learn more about FA. I am only sharing my experiences
with use of TA and how it has helped me. I am not teaching TA or promoting any courses here.

Shared from another forumer in another thread "-

My strategies are:

1. In uptrend, I will go Long on Dip

2. In downtrend, I will Short on Rally

3. In sideways market, I'd most probably stay away....if you still want to trade, buy at support sell at resistance. but I will only do it if the sideways movement is wide enough

Since our stock market can only buy, so only 1 and 3 can be used. However, for strategy 3, I find it very difficult to implement on our stock market due to tight movement during market consolidation. So most of the time, in order to make money, only strategy 1 will be useful. more often than not, you'll lose money in strategy 3, not to mention strategy 2.


The question is, how you define what the current trend is?

https://forum.lowyat.net/topic/2657883/+400

This post has been edited by SKY 1809: Jun 16 2013, 06:52 PM

I guess it depends on whether you are a trader or investor. If you are an investor, basing on fundamentals of the company etc is the way to go. If you are a short term trader, by the time you check on all the fundamentals, the price may have gone up and down and you missed the opportunity!

I am currently interested in small short term profits to supplement income. If for long term investing, there are so many bluechips to choose from.

For traders , maybe can get some info from here or even US threads.

People do make good money in US thread

Good Luck


https://forum.lowyat.net/topic/2657883/+400

Thanks for the link.

Does this mean that most of you in this thread here are mostly long term investors? I ask because from reading many previous posts on this thread, I have seen members talking about penny stocks such as LUSTER , DVM etc. Some of these seem to be the pump and dump game (or shark attack or goreng or whatever you want to call it). I thought many here were also short term traders.

We have many type of investor here.
Some are super long term, for example our mod cherroy
Some choose a stock based on yield. pana jie
Some value investor like gark
Some value investor + speculator Sky1809
Some trader like Bone, Boon , Ultra man , keuwteoloew etc..
Some are timing trender, only will come out during bull
Some only will come out during bear market
and of course some punter

This post has been edited by foofoosasa: Jun 16 2013, 07:11 PM

I think it is important to note that a trend is only an indication of what *might* happen next and not what *will* happen next. Although they say the trend is your friend, it only serves as a guideline, not an absolute. There are too many factors locally and around the world that could affect the stock market at any given time. You could have our index showing a 5 point increase every day for 2 weeks which means an upward trend, but it does not mean it will continue that way as anything can happen anywhere around the world that could affect the market to suddenly go down. Trends are only best guesses based on everything staying the same as when the trend was projected. Otherwise, it would be predicting the future instead. Its like flipping a coin or choosing black or red at the tables, which is about your best guess and probability and your luck as you really don't know what will happen next.

Thanks.

I notice some good traders here do not just trade purely on charts alone, they do pre select some good companies ( better quality ones ) to trade.

Maybe Some theme plays or some newsflow to go along.

Just my observations only.

Yea, I didn't say that trader must be fully trading based on chart.Some of the trader only trade very few of the stocks within a range of period for example 1 -2 years before the moving another few selection.

I just help this forum to classify the type of investor here, but the trader side too generalise already . Sorry didn't mention some of you, because there are too many people to recall