.... ..... ask wrong fella jor ..... hohoho.....

Macha...

Hahahaha..... guess what.... I agree.






Remember... this is also why I say.... I use charts but I don't let charts use me.


however... the other thing is.... me not like you....
I am not in the industry....

so I need to adjust my play to what my limited skills allows ......

huhu!

Ah Lamb need to belanja you kopi liao!!!




* Bloody hell my nescafe peng went from 2.20 to 2.50 this morning. *

hehe.... 8 sen to 2.

not bad hor....

YES!

you are correct.

in a way, you can always guesstimate.
this way, you are not trading blindly.

well done! ( cannot comment on calculations la... my counting kaput one. )

good thinking.

as if you no bawah standing.

what's almost 2?

AhLamb so kan cheong-ing about AhBee.....

can see teeth no see eyes atm....

I know... I know.... AhBee.

Don't have wor.

So how are you going to compensate me?

Err... in the share market...
there is no 100% guarantee one...

It's a great idea.

Have you ever read How To Make Money in Stocks?

There's two chapters in the book that should help you greatly.

If you are not sure with charts, using percentage stops is ok.
But I would advice you to be flexible a bit...
especially when the stock fly strongly...

for example, the stock I just potong recently
got in last year...
mid Sep if I remember correctly....
as you can see....
it's way passed anyone's targets....
after the split...
one time...
I had my potong point at 2.... ( at that point... even cutting at 180, I would be damn happy)
if use percentages... it was close to 20% off the peak...

I almost... almost.... sold..... it.
no joke...
but somehow, I guess .... I was lucky also....
I did not...
When I potong ... it was 308.
and guess what....
at the start of the day....
I had ZERO potong point for the stock....
stock was trending up like mad....
getting out wasn't even on my mind........

meaning to say.... i think it's best be flexible.....

and yes there are many ways to be use the potong higher strategy.

For example again...
the almost 2 stock...

Well at this moment of time....
just assuming...
you have your FV point at 175....
stock now 193...
well.... you could even use a simple non mathematical potong formula/non charing formula...
by 'increasing' your exit point to 180....
as long as the stock is higher than 180.....
you stay put....
now if the stock moves another 5 or 10 sen higher....
you move your potong point 5 or 10 sen higher too...
to say 185.
this way... you give the stock some consoildating point but you also give increase your min profits higher....

yeah... many, many ways to do it.

Some just use charts....
as long the chart don't say sell...
they stay...
even if the price has gone crazily above the FV point.

Use AhBee as an example....

use a non charting/non mathematical method...

ok?

say err..... aha.... use Jerry... LOL!

Jerry got out at 25 sen. (he loud loud say so just now. )

So rite now, you just want to do better than Jerry....

since 20 sen stock...
maybe u can give 3 bids (non mathemetical formula... so it's up to you. U can use 4 or 5 bids) as a leeway point for the stock to move up and down...
price now 275 sen.
3 bids leeway = 26 sen.
which is higher than Jerry selling point.
Wakakakaka.... LOL! ( I am so mean... )

Now as long as the stock is higher than 26 sen...
You STAY in the trade no matter what....

now say...
the stock moves higher 3 bid...

to 29 sen...

huhuhu.....

now you fast hand fast leg...
move your POTONG point 3 bids higher too...
which means your point is now 275.



Then you look at Jerry.....
OMG!
LOL!




and then what do you have?.....

you are sitting on the stock...
riding on ur profits....

AhLamb...

or you could look at your trade...
look at your current winning ....

and say....
ok... as long as I am making x amount...
I stay in....

then whenever the stock moves higher....
you MUST be greedy...
and move your min x amount of profit higher.

Seriously it should be a helping hand...

you know ...
u have a stock ...
moving strongly pass your FV...

dun tell me...
just cos it move pass, you just sell....

if you know some TA...
and you read and know when to sell.....
I think it will help....

It's protecting and giving you a chance to increase your profits.


Buffett was said to be reading charts when he was in his early teens.

I do.

Here's one practice which could also help...

a bit risky.....


everything it goes out of your FV...

you take the stock...
move it out of your watchlist....

You are not allowed to watch these stocks during the day....

You can only see their closing or opening prices.



Well this exercise ...... helps to calm your itchy fingers. Hihihihi.....
And most of the time....
these stocks...
they tend to move higher... and higher....

Shit...... Jerry is around.

If don't understand, do what I did last time...
stay away from the market...
until you are absolutely sure about what you are doing...

the share market can kill one....
it has happen...
and will continue to happen...

It's a positive start....
I think....

However.....
if you compare....
to previous NOV strong movements... ;sweat:

yesterday trading....
is like nothing....



it's probably like Oct trading volume....
back then...
if you look back...
engine ...
baru starting.......

and oh...

it's like last time..... again....

if you ask me....

game is only on....
once 96 is broken ................................




so watch the volume...
watch the momentum.