thanks, too bad Hle does not provide such benefit.

Open more trading accounts lor.....

TA question, when/how does one consider a breakout from downtrend line is valid?

Huge volume/Big convicing queues?

haha. can consider also, currently i have OSk and hle only.

btw, KLCI been dropping since last friday. boon, can share ur views on this matter? somehow, i am afraid that crisis might come again.

All these years, I have not focused on the CI and instead I focus only on the stocks that interests me.
There's a saying.... watch the tree and not the forest. (something like this.. )

having said that, I have been saying for sometime already...
most of the (good) stocks are more than fairly priced....
not say overly expensive but then it's neither cheap either.

not sure if that helps.

I also want to know...

I see. but if CI drops, most of the stocks also follow suit. if crisis comes i think almost all stocks die, no?

everyday drop 10 points, my heart also takut ma.

You buys stock based on what ?

TA or FA or TIPS

I buy based on FA and followed by TA to buy at a bargain.

apa stock...u looking ??

not looking anymore, all the stocks i want ad in my portfolio ma

That's a possibility which is why stock selection is utmost crucial now.

Anyway whether you are an investor or a trader, know exactly where you are in the stock.
Once the reason isn't validated anymore, never ever cling on it and hope the market will correct your poor initial stock decision.

Nice that you share.

sometimes.... 'sometimes'...
there is the risk here......

for the stock to be really fundamentally good (backed by FA)....
quite rarely you find it at a bargain.....
cos....
the market would most likely priced the stock higher (hence no bargain) and more likely during a bull market (this is a bull market, ya?)

which means....
for the stock to be at a bargain....
quite often....
the market is pricing the stock much, much cheaper because of the risk involved in the stock....
Quite often the market can be right.... and the stock will then trade even lower....
sometimes market is wrong.... and you will pick yourself a gem.

this is why many a traders do not like to be in such a stock IN A BULL MARKET
Traders trade a position because the odds are in their favor and the risks minimized....

unless of course.....
in a totally bearish markets....
where stocks are all priced cheap, cheap cos of market fear......
fundamentals are totally ignored......
are we in such a market (yet)?
I do not think so........

therefor...
do watch out for all those in bargain...
as usual....
not all cheap things are good......

Boon3 apa macam Sunway gooding ar breakout?

No go for me.

At this point, it's a wait and see.

There was an opportunity on Sunway the other day at the lower band instead.

Go see why.

why as in check news? I see you mean lower band at ~3 ya

Go see why yourself laaaa.....

What have I been telling you about you all these while....

What makes a person buy a stock?

is ok you don't have to purposely dig the info for me. lol

FA wa tarak tengok mia, but retrace back to 3.2 level saya mungkin mau cuba

This post has been edited by hehe86: Sep 17 2014, 12:00 PM

Have you ever consider that perhaps your reluctance to look at FA and have some basic understand that perhaps causes you to lose out?

Same basic (rather dumb at times)...

What makes a person buy a stock?

Reason: The company is going to make more money.

And by owning the stock, you as the owner of shares in the company will profit from it.

That's the very simple basis of ownership of stocks.



So how does one know if the stock (company) is going to make more money?

One has to know some fundamental basics.



( now of course, thanks to the wonders of the financial whiz kids, everyone is brainwashed... LOL!
they buy a stock cos some monster cook is gonna fry the hell out of the stock!
LOL! .... which is why... one is ALWAYS at the mercy of the monster cook and gang! *whistle* )

Go think about it.....

When a company is likely to make more money....
the stock will go up...
cos investors will rush to buy....
so how does one want to benefit from such behavior?



is it possible?
or am I simply talking wind?

********************

Sunway posted its profits on 28th.
The profits looked good... no?

(as a trader... if one does not already have a position, one is probably looking for opportunity... like a vulture...
how was the stock trading then?
range bound....
on the top end of the range)

So what happened to the stock on the 29th?
It fell like a ton of bricks!


So despite the good profit, the stock fell.

(LOL! Some traders would just give up... and close eye on the stock ... right then.... calling it a damn lousy stock. LOL! )

But watch where the stock fell to?
Stock ended at 3...
exactly to the lowest recorded in July....

If the trader was alert ...
the trader would have noticed the last trade sell down on the 29th.

Did you see that?

Aiyaah.... post screenshot for you ....



Nice?

If you were a trader...
ARMED with the fact that you know....
Sunway posted better profits ( = growth)
... and yet market acted 'strangely' the following day....
what would you have done on the following Tuesday?

It's ok....
if you still think FA can be overlooked....
it's normal la....

many people around think most important is goreng tips.
LOL!

Well... to each their own poison.... yes?