Question for a breakout scenario, let say you want to buy a stock if it breaks 1, would you buy once it breaks 1, which is 1.01/1.02 in any time or would you wait until near the market closing is above 1 then only you buy (around 4.45+)?

There's no straight forward answer....
cos you have to factor in the breakout volume...
and also the momentum of the breakout....

Look at SKPet.

It's range trading...
What's the breakout point?

Where will you buy?

Hmm, need to take into consideration of volume and momentum... then most likely if i miss it, then i will have to buy few tics higher already...

SKPet, need to see >400k units volume and above 2.25/2.26 lor

Nothing is ever precise.

Find out what is suits you most.

..... and you do realize that there are traders who trades anticipating breakouts...
risk of course....
the break out doesn't happen/instead of a break out, the stock breakdowns....



.... and how did you get the 225/226?

Haha tell him to paper trade laaaaaaa. Ish

Kueyteow bro, any takes on hhgroup? Already 25th and quarter report still not out. Any guess on its performance?

Lol! Well IMHO, if want to anticipate, might as well enter at near the range low lo and watch out for oil prices. At least that's how i will minimize my risk IF i want to anticipate the breakout.... lol

Yea lo paper trade saja la

1.70

Breakout came and gone already..

This post has been edited by gark: Nov 26 2015, 09:58 AM

Trading is not for you hor....

This one was a simple range trading where one could easily pocket 2 times money.

Say lah want range trading.. (which i dont do btw)

Buy at<2.1 sell at 2.2 .. rinse and repeat..

and bestest no need wait for 2018.

What do you guys think about the Pseudocertainty Effect?



Suppose the dividend is 5.6%, and promo FD rates are 4.5%, so you have a choice between:
(a) a sure win of 4.5%
(b) 80% chance to win 5.6% and 20% chance to win nothing

Why do people pick option (b) instead of (a) ?

gambling attitude

FD no potential for capital gain
FD no growth, once mature u renew at current prevailing rate
Stocks dividend can/may grow over time

No risk, no incremental rewards

Again, u dunno the fundamentals of stock investing.

Guys, that troll kept asking the same questions over and over again.

Then he will say X stock Y stock Z stock trades above Net Asset Value, why do people buy it?

This post has been edited by Pink Spider: Nov 26 2015, 02:27 PM

You just have something against me.. that's proven already, you keep saying I say things I didn't say, then you say I'm trolling because you didn't like the things you say I said lol

BTW when have I ever asked this? or that other question?

I get nothing from digging out the proof. U said it (it's bad to buy stocks that trade above NAV). Period.

so susah go sell butt~

What's the ROI for your "sell butt" activities
Ada div yield bo? Sure Angpao wan ar?!

Ps: Pinky banyak rage lately. He needs more buckets of beer!

This post has been edited by TC-Titan: Nov 26 2015, 04:58 PM