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 Investors Club V9, Previously known as Traders Kopitiam

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TakoC
post Oct 9 2016, 07:53 PM

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QUOTE(Boon3 @ Oct 8 2016, 11:13 AM)
reach 2.25 when oil hit 65?
LOL!
And the justification for that statement?
biggrin.gif
I will never ever make such a statement.
Look at the Maybank quarterlies screen shot la...
Look at the rapid decline....
Look at the stock price decline.....
why?

Isn't it saying the stock is falling in tandem with it's earnings? wink.gif
I know...
Everytime I order food at a mamak stall....
the bugger there always shaking head....
I also... have to use hands and fingers and signs to tell the bugger what I mau order.... tongue.gif
Hevea?
LOL!
Please la....
I got say I got buy or I still holding meh?
-------------------------------------------------------------------------------------------------
More sign languages for you to digest. Hohoho....
Dividends...
simple exercise...
when it was say 8.50... (this is just about 3 or 4 months ago)
Mayban was trading with a previous year dividend of 54 sen.
what was the yield then?
answer: 6.3%

Mayban wor....
big tiger bank wor....
6.3% yield....
sure can buy what....
some more dividends yield CLEARLY more than the normal FD rates....
ok?
hantam the stock?

yes? no?
anyway.....
today, with a lower current dividend of 50 sen....
Mayban is trading at 7.63
the yield?
answer: 6.5%

still buy?
Wait sekejap. !!! tongue.gif

Today the stock price is 7.63 wor....
previously it was 8.50..... !!!
the stock price has dropped 87 sen!!!
buy a stock because of high yield?
hmm.gif
*
I still don't get ur point in this, boon gor.

I know u always very careful and give open ended answer to your comment because u don't want to be like giving tips or recommendation.

But overall, on a scale of 1-10, how much u like Maybank? 10 being the best. so confused with ur sentiment.

Edit: ur post after that.. Seems like u don't have a liking towards Maybank. The feel I get from ur comment is Maybank share price is just going to drop to RM3,4,5?

This post has been edited by TakoC: Oct 9 2016, 07:55 PM
Boon3
post Oct 9 2016, 08:40 PM

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QUOTE(TakoC @ Oct 9 2016, 07:53 PM)
I still don't get ur point in this, boon gor.

I know u always very careful and give open ended answer to your comment because u don't want to be like giving tips or recommendation.

But overall, on a scale of 1-10, how much u like Maybank? 10 being the best. so confused with ur sentiment.

Edit: ur post after that.. Seems like u don't have a liking towards Maybank. The feel I get from ur comment is Maybank share price is just going to drop to RM3,4,5?
*
I actually made few commdnts too many on this stock.
Started commenting on it since 8.10 ( i think )

My main points.

1. Where's the beef? ie I don't think there's beef in this trade atm.
This is a point to think about, yes?
2. Having said that, this is NOT saying that Mayban will die ie drop to rm3,4,5
3. The stock is in a strong down channel. See the posted chart b4.
4. The banking sector???? Now????

I don't recommend stocks.
You should have known this. tongue.gif
My current few postings..these postings are made just to share my thinking proccess.
That's it.
So .....LOL !!!!! And why you want to try gauge my setimemts?


TakoC
post Oct 9 2016, 08:59 PM

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QUOTE(Boon3 @ Oct 9 2016, 08:40 PM)
I actually made few commdnts too many on this stock.
Started commenting on it since 8.10 ( i think )

My main points.

1. Where's the beef? ie I don't think there's beef in this trade atm.
This is a point to think about, yes?
2. Having said that, this is NOT saying that Mayban will die ie drop to rm3,4,5
3. The stock is in a strong down channel. See the posted chart b4.
4. The banking sector???? Now????

I don't recommend stocks.
You should have known this. tongue.gif
My current few postings..these postings are made just to share my thinking proccess.
That's it.
So .....LOL !!!!! And why you want to try gauge my setimemts?
*
Every piece of information should have a point direction. It's not the same as saying you are recommending stocks or what. But point of direction that's all..

And it seems like you don't have it. You like to highlight points for people to think about that... But seem like you should have a more clear point of direction. Lol.
Boon3
post Oct 9 2016, 10:24 PM

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QUOTE(TakoC @ Oct 9 2016, 08:59 PM)
Every piece of information should have a point direction. It's not the same as saying you are recommending stocks or what. But point of direction that's all..

And it seems like you don't have it. You like to highlight points for people to think about that... But seem like you should have a more clear point of direction. Lol.
*
laugh.gif

But then.....hmmmmm.....oh yeah.....I never do like any of One Direction music.


laugh.gif
Boon3
post Oct 10 2016, 06:16 PM

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QUOTE(Boon3 @ Oct 9 2016, 08:40 PM)
I actually made few commdnts too many on this stock.
Started commenting on it since 8.10 ( i think )

My main points.

1. Where's the beef? ie I don't think there's beef in this trade atm.
This is a point to think about, yes?
2. Having said that, this is NOT saying that Mayban will die ie drop to rm3,4,5
3. The stock is in a strong down channel. See the posted chart b4.
4. The banking sector???? Now????

I don't recommend stocks.
You should have known this. tongue.gif
My current few postings..these postings are made just to share my thinking proccess.
That's it.
So .....LOL !!!!! And why you want to try gauge my setimemts?
*
closed at 7.70
point 3?

chart say jump you jump?




» Click to show Spoiler - click again to hide... «

TakoC
post Oct 11 2016, 12:31 AM

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QUOTE(Boon3 @ Oct 10 2016, 06:16 PM)
closed at 7.70
point 3?

chart say jump you jump?
» Click to show Spoiler - click again to hide... «

*
I'm a rojak investor. hahaha.. Yes.. No direction again.

Point 4.. Banking stock now? If banking fail now, all asp fail.. Manufacturing, oil and gas, property... Construction..

USD play this year... Export.. Next year what play? What theme boon gor? ***dont say u trader don't care what theme.. Lol. Make a wild guess.. Lol
Boon3
post Oct 11 2016, 07:51 AM

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QUOTE(TakoC @ Oct 11 2016, 12:31 AM)
I'm a rojak investor. hahaha.. Yes.. No direction again.

Point 4.. Banking stock now? If banking fail now, all asp fail.. Manufacturing, oil and gas, property... Construction..

USD play this year... Export.. Next year what play? What theme boon gor? ***dont say u trader don't care what theme.. Lol. Make a wild guess.. Lol
*
laugh.gif

The banking sector, imo, got 2 main worries.
Interest rates. Would BN pull another shocker by lowering rates?
OnG default factor. Need I say more? tongue.gif

What to play?
Playing nothing is also a theme, you know. laugh.gif
Themes? Sometimes it is very apparent, sometimes they aren't.
Just like stock selections...
Sometimes we see the screaming buys... many times we don't.
Me say?
Don't force yourself trading something you aren't totally convinced....
Smurfs
post Oct 11 2016, 08:51 AM

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I think the idea Boon3 wanted to bring up is to be more rational when one is selecting a stock to trade.

By not letting the chart using you is that dont buy a stock solely because of the chart TELL YOU TO BUY.

We all has different point of view towards individual stocks. Some may see it from company's financial ratios, economic points of view or even purely from charts. Hence the more one carry out research from various point of view, one can make more effective judgements towards individual stock whether in current level it is worth to trade or not. How much is the risk/reward ratio etc.

Hence i think a stock forum should have discussion from different view instead of just putting TP/ cut loss point of each stock. Then it should be benefits for all of us.

Mayb i'm just BS-ing.

Oh well.
Boon3
post Oct 11 2016, 09:04 AM

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QUOTE(Smurfs @ Oct 11 2016, 08:51 AM)
I think the idea Boon3 wanted to bring up is to be more rational when one is selecting a stock to trade.

By not letting the chart using you is that dont buy a stock solely because of the chart TELL YOU TO BUY.

We all has different point of view towards individual stocks. Some may see it from company's financial ratios, economic points of view or even purely from charts. Hence the more one carry out research from various point of view, one can make more effective judgements towards individual stock whether in current level it is worth to trade or not. How much is the risk/reward ratio etc.

Hence i think a stock forum should have discussion from different view instead of just putting TP/ cut loss point of each stock. Then it should be benefits for all of us.

Mayb i'm just BS-ing.

Oh well.
*
rclxms.gif rclxms.gif

WOW!!!

You manage to decipher my BS much more ..... yeah!!!!

Yeah, anyone can use technical screeners to pick stocks to trade.

And mind you ... not all these will be sure winners.

Some days, these screeners were godlike.
Many days, they suck and they can easily cause one to lose much more money than others.
Some insist, if they can get a screener than can churn out 60% gainers, they are set.

for some...
if they take a step back...
they would realise that using screeners, they are being dictated to trade what the charts want them to trade...
in essence... they are trading with an restriction.

some? they like to be in control.
trade what they know...
trade what it make sense....

it's like Mayban...
the charts are perhaps slightly suggestive right now ...
suggesting that one should be on the lookout for any trading opportunity....
but for others....
the main silly question is still where is the beef?
can a trade now produce a 20% (yea... just 20%) profit?
can it?
so if there isn't the meet, why force the issue?
why let the chart use us?
hehe86
post Oct 11 2016, 04:30 PM

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QUOTE(Smurfs @ Oct 11 2016, 08:51 AM)

By not letting the chart using you is that dont buy a stock solely because of the chart TELL YOU TO BUY.

*
hmm.gif so for one who solely just use TA to trade, they will just trade what they see in the charts isnt it? Aka breakout, candlestick pattern, etc depending on what they use.

Is like a person use a GPS to reach a destination, so surely (or mostly) you will depend on what the gps tell u isnt it?
Smurfs
post Oct 11 2016, 05:01 PM

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QUOTE(hehe86 @ Oct 11 2016, 04:30 PM)
hmm.gif so for one who solely just use TA to trade, they will just trade what they see in the charts isnt it? Aka breakout, candlestick pattern, etc depending on what they use.

Is like a person use a GPS to reach a destination, so surely (or mostly) you will depend on what the gps tell u isnt it?
*
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. (Plagiarized from stockchart.com)

We tends to believe "history will repeat itself", but personally i think this is not suitable for ever-changing business world. In business, changes like interest rates, commodity price,currency etc are inevitable. Hence we cant really predict the future of one business due to there are quite alot of factor affecting it.

Same goes to fundamental analysis. Wrongly interpreted Warren Buffet's "buy,hold and don't watch too closely" can make you lose alot of money too.

For GPS, they use at least 3 satellites to ensure our vehicle is on the correct position and headed to our desired destination. But if the GPS is not updated, like there is a newly build highway or recently changed to one way road, it may bring you to wrong destination also.

For following technical indicators, can it be 100% correctly hint that this particular stock is going up / down ?

hehe86
post Oct 11 2016, 07:33 PM

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QUOTE(Smurfs @ Oct 11 2016, 05:01 PM)
» Click to show Spoiler - click again to hide... «
Well of course i din try to say it is 100% or what not. By using TA is just to increase the odds/probability of winning or even FA. One also need to tweak/update oneself but the theme of one's method i think should be pretty much basic. Same goes to the emotion of fear and greed in the market

So if one's method is pretty much polished (same goes to the GPS that is updated), you tend to follow what the charts/price/direction is telling you isnt it? Of course by following whatever GPS/Charts/etc, risk management should be taken aware of. But what i'm trying to say/discuss is chart use you or you use chart topic.... haha

Edit: p/s: while using the term technical analysis, i thought price action is also one of them. But it maybe not as well.

This post has been edited by hehe86: Oct 11 2016, 07:41 PM
Boon3
post Oct 11 2016, 07:38 PM

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doh.gif

double..... bangwall.gif

This post has been edited by Boon3: Oct 11 2016, 07:39 PM
Boon3
post Oct 11 2016, 07:38 PM

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QUOTE(Smurfs @ Oct 11 2016, 05:01 PM)
For following technical indicators, can it be 100% correctly hint that this particular stock is going up / down ?
*
I suggest one to paper trade using technical inidcators.
In fact, if one desires, use as many different mix of indicators as they wish.
Test it fully for 3 years. ( yup! 3 years! whistling.gif )



My own advice has always been use charts but don't let the charts use us.
That's my preference.
That's what suits me.


But of course...
they are some who are simply different. biggrin.gif


Some can survive and in fact, even do pretty well, using a setup that's only 60% reliable.
It's pretty much doable.
(ahh... I can't and since I can't, how could I possibly recommend things which I, myself, is shitty at? )


Le Don
post Oct 11 2016, 11:34 PM

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Process driven trading I see here:

Technical indicators-
Charts-
Testing- ===> Stock Selection
Theme-
Conviction-
Financial info-

Most people i think are:

Sifu-
Forum-
Blog- ====> Stock Selection
Friend-
Tips-
Boon3
post Oct 12 2016, 08:52 AM

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QUOTE(Smurfs @ Oct 11 2016, 05:01 PM)
For GPS, they use at least 3 satellites to ensure our vehicle is on the correct position and headed to our desired destination. But if the GPS is not updated, like there is a newly build highway or recently changed to one way road, it may bring you to wrong destination also.
*
GPS?
Err.... it's simple really.

We know GPS should be able to take us to the destination.....

now the issue was....

should we turn on the GPS and let the GPS select a destination for us to go?

or is it much wiser....
if we knew the destination of where we want to go first before we turn on the GPS?

am I more confusing now?

laugh.gif


Smurfs
post Oct 12 2016, 09:04 AM

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QUOTE(Boon3 @ Oct 12 2016, 08:52 AM)
GPS?
Err.... it's simple really.

We know GPS should be able to take us to the destination.....

now the issue was....

should we turn on the GPS and let the GPS select a destination for us to go?

or is it much wiser....
if we knew the destination of where we want to go first before we turn on the GPS?

am I more confusing now?

laugh.gif
*
If i want to go to KLCC, i will use WAZE to find the shortest and fastest route biggrin.gif

But for those who have stayed in KL for decades, sometimes they are able to identify themselves the shortest route that are better than GPS recommendation smile.gif Experiences that count.
hehe86
post Oct 12 2016, 12:49 PM

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Haha the more we discuss the further we go =.="

If you dunno where to go why would you use GPS in the first place....

Those that able to identify themselves a better route than GPS is like using other "tools/analyze" than "TA".

Ok ok in short, i think if you don't know what you are looking for in a chart, then most probably you're gonna get used by the charts and vice versa....
Boon3
post Oct 12 2016, 02:34 PM

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QUOTE(Smurfs @ Oct 12 2016, 09:04 AM)
If i want to go to KLCC, i will use WAZE to find the shortest and fastest route  biggrin.gif

But for those who have stayed in KL for decades, sometimes they are able to identify themselves the shortest route that are better than GPS recommendation  smile.gif Experiences that count.
*
LOL !!!

As uaual, me only confuse only. Cos no direction.

Many use gps to help navigate us to reach the destination. ( ie using the chart to trade)

If change it to the other way round, ie using gps to suggest to us where to go (ie the chart uses us)

There is a difference yes?

So should the chart suggest to us what stock to trade?

....ok.....i have no direction.....again. laugh.gif


hehe86
post Oct 12 2016, 03:42 PM

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hmm.gif if you know what you want, after setting your criteria, in the end the chart will screen the stocks that fit your criteria lo and "suggesting to you what stocks to trade" brows.gif

This post has been edited by hehe86: Oct 12 2016, 03:43 PM

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