Based on your earlier stock ...
you can see...

enter at what price

so what does the volume indicate?

I cannot know for sure as gathering 8k first is my first and foremost prerogative. I'm thinking the long Chinese new year holidays would keep the price at it is now @13.66. hoping I can get to go in before it hits the 14 myr per share mark

I am currently having a cds account and I am clueless about the paper work I need to fill that everyone is talking about. what are these papers for? are they forms? do I need to fill them? is it alot of work?

Your broker makan gaji buta ka

cds account means I have to do everything kan? or am I missing something here?

missing alot, last time i buka account broker settle all. ayam just go sign sign sign. done

8k into Mikroom or tenaga?

which one to choose?

Aax ftw.

be gentle on me. it's my first time so I am not sure which to buy between these two. slowly as I get more experience I'll branch out.

Just want to ask. Are you guys short term or long term investor?
How long do you hold your positions?

long term for me.

but I'll set aside a few thousands when my unit trust and stock allocation have been met for day trading just for the kick of it.

I have already plan to allocate 10k into each of these stocks based on their nature of trade

Tenaga- Power (waiting for tp price to hit 17)
Classic Scenic - Export of frame (dividend)
Mikroom - Export of electronics (penny stock longterm hold)
Taan - Lumber and Palm Oil (Sarawak based company)

avoiding property in Malaysia and I will invest in AmAsia REIT unit trust as part of my allocation into property.

Either Ecovest or SunReit for Malaysian reit.

Avoiding Airline based stocks. very fickle.






This post has been edited by Avangelice: Jan 30 2017, 06:13 PM

Depending on what is the nature of an investor?

For me, I do a mix of day trading and pattern day trading, will not disclose what stocks that I have done in the past but I have hold counters for a few ticks for as long as 10-20 seconds before. Of course, there are some stocks that I do hold long term.

The question is not about whether one is a short or long term investor, but it is how one manages the investment right.

why the bolded statement?

Because that was in the past. Pure gambling only, simply hantam stocks not limited to SCNWOLF and the infamous SGB-WA run up last year. All pure speculation.

However, at the moment, I am looking at UMW, DRB-Hicom, ICON, UEMS and EKOWOOD. But those are purely suggestions, not really that I may go in. Done with UMW after profit taking. Might re-enter later.

This post has been edited by ILoveLalat.net: Jan 30 2017, 09:50 PM

personally I tend to avoid companies that are risky esp automotive and airline as these are not commodities that people must live on. esp with the rise of funds for public transportation, I can forsee car sales will not be healthy.

my two cents.

Yup I do get the notion.

For me, short term play, no harm going in but not say 5 years down the road. Long term play, definitely not proven good. My relatives had DRB-Hicom from the 2000s at 2.50ish. When it went up to 3 in 2012, told them to sell off and take profit as the Proton deal was just temporary and the technical indicators point to an extremely overbought condition, said that the stock can go 4 and only 2015, sold it at around 1.90. If we go back to the late-90s, it was 5+, what happened now?

Today? 1.18. Same goes to Air Asia and infamously AAX. Only good riding the stocks when it is warm, get out when it is hot. UMW is because their automotive sector has been profitable but not their O&G business, DRB-Hicon due to the upcoming tie-up with a foreign partner.

Even so, you cannot look at just the news but the financial statements. Just my 0.005 profits, DRB failed to disclose the losses in Proton, hence making the judgement even harder. But in the end, I do not call the shots. All investors fight and determine the price equilibrium when setting the price.

thank you for allowing me to learn something today. I come from a back ground of unit trust investment where its better to hold a particular investment for years on end. trying not to apply that same understanding on my stock portfolio. thus I am keeping a tight discipline on myself by giving a target price and cut lost price. die die must initiate a buy and sell when I am happy with the returns/lost


then again there's where human greed comes along. what happens when you sell too early and the stock rises further?

It does happen to me. The other day, sold out some HSI calls and after I sold off for a 4 tick profit, it jumped 20 ticks!

I've really learnt a lot that chasing to a point of no return is just not good. If you win, just enjoy your wins, no need to complicate things further.