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 STOCK MARKET DISCUSSION V134, CI step into 1800, are you happy?

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Bonescythe
post Aug 15 2013, 11:52 AM

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QUOTE(flamestudio @ Aug 15 2013, 11:49 AM)
Looks like slowly pancit d.....
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Sumo wrestle also need rest geh
Bonescythe
post Aug 15 2013, 11:58 AM

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Was looking at Cresbld. Sounds not bad after all. Nice chart, fundamental is good, sheets also good. All also good, trading in good PER also.

NTA RM2.30.
Dividend consistent at 5 cents. Profit keep increasing.

Good stock. Shud hoot one
Bonescythe
post Aug 15 2013, 03:18 PM

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QUOTE(alex_king @ Aug 15 2013, 02:48 PM)
1.37 jo
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Wah.. so hot one
Bonescythe
post Aug 15 2013, 03:19 PM

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QUOTE(KVReninem @ Aug 15 2013, 01:14 PM)
okay, i follow u wub.gif
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Okay.. lets huat.. rm1.50 first
Bonescythe
post Aug 15 2013, 05:33 PM

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Cresbld.. hoh liau lo
Bonescythe
post Aug 15 2013, 10:17 PM

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QUOTE(Boon3 @ Aug 15 2013, 09:54 PM)
laugh.gif

In football, you need a good defense but then a good defense won't win you the game if you don't score.  tongue.gif

ps: Why no one warned the possibility of government bond spiking? REITS not good defender enough?  whistling.gif
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0-0

Extra time

0-0

Then go to penalty shoot out
Bonescythe
post Aug 15 2013, 11:22 PM

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QUOTE(jasontoh @ Aug 15 2013, 11:03 PM)
You got it the other way round la. Offensive is the best defense.
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I agree also. Offensive is the best defense.. But, the need some adequate defense also.

But keep attacking is really good.. biggrin.gif I like keep attacking to subdue your enemy
Bonescythe
post Aug 15 2013, 11:23 PM

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QUOTE(jasontoh @ Aug 15 2013, 11:06 PM)
In football, you don't really need a good defense, as long as you can outscore your opponent. You can leak as many goals but still win, if you score twice as many.
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Lol.. Like this ah..

This kind of game benefits the audience most.. A ticket worth to buy with so many goals biggrin.gif
Bonescythe
post Aug 15 2013, 11:24 PM

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QUOTE(jasontoh @ Aug 15 2013, 11:20 PM)
I thought Manchester United last season always leak goals but still go on and win?  hmm.gif
Barcelona, Bayern Munich, Real Madrid are all classic example of using offensive as a form of defense. If you are on the other side of the pitch, what are the chances of conceding goals?
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Goal Keeper goal kick and goes straight to the goal.. Can?
Bonescythe
post Aug 15 2013, 11:43 PM

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As long as don't become Liverpool then ok already la.. Glorious in the past only sad.gif Sad.. I also need to change club already
Bonescythe
post Aug 16 2013, 01:27 AM

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QUOTE(cherroy @ Aug 16 2013, 12:28 AM)
In stock market, once leaking, means capital gone, and once no more capital, you are out of the game.

You have 30k capital, you go offensive in the market, make mistake, lose 20%, means left 24K.
To make back 30K, you need to win 25% to breakeven. <--- remember just break even, not yet make a gain.

If second time, loose 20% again, means left 19.2K, to make back 30K, then need to make 36.2% to breakeven.
Mountain to climb.

The more correct scenario is, go offensive, but once leaking 2 goal, you need to score 3, just for a draw (not win).

A mistake may need 2 correct decision to cover back.

So either you avoid/eliminate to make mistake, or one is very good in offensive, and seldom make mistake.
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Very well said. That's why, if you want to get rich in stock market, know how to lock the profits, and don't lose money. Keeping winning and winning and don't lose at all if possible.

Then only the money will grow bigger and bigger. If not, win lose win lose.. In the end.. Nothing.
Bonescythe
post Aug 16 2013, 09:46 AM

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QUOTE(alex_king @ Aug 16 2013, 09:33 AM)
thx bone smile.gif
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Owe me many drinks already la u
Bonescythe
post Aug 16 2013, 09:48 AM

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QUOTE(yok70 @ Aug 16 2013, 01:54 AM)
how to not lose money?  notworthy.gif
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Don't play in losing money game ? Lol.... rclxms.gif rclxms.gif
Bonescythe
post Aug 16 2013, 10:00 AM

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QUOTE(Boon3 @ Aug 16 2013, 06:42 AM)
» Click to show Spoiler - click again to hide... «

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Well, I don't do REITs. Hahaha.. So I am not defensive until that manner.

But for Supermax.. Well, profit target already meet, then take profit lo. biggrin.gif
Calculate at RM 2.10, sell at RM 2.30, is around 10%

100 lots, 10% = RM 2000
1000 lots, 10% = RM 20000
10000 lots, 10% = RM 200000

Well, example. If got RM200000, I don't see the reason not taking profit. Just example. Not saying I win this amount from Supermax trade.
Anyhow.. All my trades are very conservative in taking profits, because the target are realistic, and easy to achieve, fast to turn around. Most of them, if you study my research, is just 10% to 15% of the current price. I am happy with 10% to 15% already. biggrin.gif
Bonescythe
post Aug 16 2013, 10:09 AM

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QUOTE(Boon3 @ Aug 16 2013, 10:06 AM)
It's nice to see that you strongly believe in how your game should be played.

( I am not trying to convince you should change your game. )

I believe in trading less and trading it longer.
I believe the big and easier money is made from the big swings.

Yes, we are all different.

biggrin.gif
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Yea. We are all different. biggrin.gif flex.gif

I believe in big money works, manipulating queues or trades, sharks.... But I just want 10%, been using that for quite some time and so far is good.. So stick to it biggrin.gif

Cuz the longer you hold, you won't know if the next day, Petronas Tower got hit by something, or US got hit by something or Moody talk something, or Ben talk something..

The market is always risky and volatile. The longer you are in the market, the longer your risk exposure is. So, I will just trade it with a planned strategy and profit. In.... Out --> Be happy and go cheers.gif cheers.gif with friends

This post has been edited by Bonescythe: Aug 16 2013, 10:11 AM
Bonescythe
post Aug 16 2013, 10:15 AM

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Time to sell my Cresbld and be happy soon.. Wait for a bit more biggrin.gif
Bonescythe
post Aug 16 2013, 10:17 AM

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QUOTE(alex_king @ Aug 16 2013, 10:16 AM)
149 i out ^^
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You queue 1.51 can anot?
I eat for you
Bonescythe
post Aug 16 2013, 10:30 AM

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QUOTE(Boon3 @ Aug 16 2013, 10:25 AM)
Let me explain from my POV.
Not trying to sway you from your beliefs but share what I believe.

When I or anyone for the matter, limit the winning to 10%, I feel this is a limiting game.
If my winning is capped at 10%, what about my losses then?
I, for one, cannot be perfect.
Never will and don't forsee it in the future.  sweat.gif
Question is how much should I cap my losses then?
If I cap it at 7%.. then from simple mathematics, it means I need to get my winning percentage up.
That is something I am not comfortable with.
I doubt I can get a 60% win rate.

Let's see
10 trades, all valued at 10k, I win 6 out of then.
The 6 wins, at 10% win percentage, I will make 6 x 1k = 6k.
The 4%, losses at 7%, I will lose 4 x 700 = 2.8k.

Total win = 6k - 2.8k = 3.2k only.
And that is from trading a trading value of 10k x 10 = 100k.

I am just not comfortable with such a proposition and the big assumption is I get a 60% win rate.  sweat.gif
If my win rate falls...  sweat.gif

That's just my believe and reasoning.

Which is why I believe in trading less and trading it longer.
On a good winning trade, trading it longer, sometimes might even see the profit grow double.  smile.gif
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Yea, I got you.

So for this. If 10 trades, all valued at 10k, win 10 out of 10.. Then no need to think about losing lo.. ?

Bonescythe
post Aug 16 2013, 10:31 AM

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QUOTE(SKY 1809 @ Aug 16 2013, 10:26 AM)
Congratulations ,Bones  thumbup.gif
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Sky gor.. Good profit to you too.. Time to eat some dim sum, maybe some shark fin soup or abalone kind of stuff to self pamper first.. Wanna join?
Bonescythe
post Aug 16 2013, 10:35 AM

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QUOTE(Boon3 @ Aug 16 2013, 10:32 AM)
LOL!

If can get 100% win rate, then you should not be trading here.
Trade in US, trade for them big boys.

You get millions and millions.  nod.gif
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US too big.. Trades got delay. And need x3.2 capital to play with some many big sharks.. Better stay local KLSE to play. Less share, easy control, easy fire up.

Yea, in fact, really can get 100% winning rate, not forever la.. Like a term from January to June, 6mths. 1 month do 2 trades. Each trade 10%.



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