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 STOCK MARKET DISCUSSION V150

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debonairs91
post Nov 1 2020, 12:18 PM

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QUOTE(icemanfx @ Nov 1 2020, 11:26 AM)
These were preexistence and didn't deter share price rise since last april. why should be different now?
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To each his own. So brave want risk money on immediate bear market
debonairs91
post Nov 1 2020, 12:28 PM

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QUOTE(lowya @ Nov 1 2020, 12:23 PM)
nowadays people don't read book anymore?

at least the channel name if youtube.
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Book outdated
debonairs91
post Nov 1 2020, 12:42 PM

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QUOTE(icemanfx @ Nov 1 2020, 12:32 PM)
Most YouTube guru are wannabe, sensational, lack credentials or proven record, is a blind leading another blind.
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That's why follow those with credentials only
debonairs91
post Nov 1 2020, 06:44 PM

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QUOTE(waghyu @ Nov 1 2020, 02:53 PM)
Maybe you are right. But I dont think you doing great in stocks anyway.
Yes volume is not real there. But even with real volume, many stock traders still did not make consistent profit, despite ‘real’ volume indicators. Mostly in trapped position with losses.
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I've been consistently making profit on my trades based on TA alone. Does that mean I'm special? Up close to 15% on my portfolio after around 90 trades since Jun this year.

Those who are in the red are just herds and followers with no idea what they're doing.
debonairs91
post Nov 1 2020, 08:05 PM

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QUOTE(ChAOoz @ Nov 1 2020, 06:54 PM)
Not to take anything from your achievement, but do note passive index fund like QQQ is up 30+% YTD

Anyway trading on a bull market vs a bear market is largely different i guess.

So... waiting for icemanfx to say tide goes away idiom hahaha.
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Of coz could be higher, but for me still better than 5% from asb which I used to put all my funds in. Now 40% for intraday/swing trading and 60% asb. Later when market crash will pull another 30% from asb for long term investing
debonairs91
post Nov 1 2020, 09:01 PM

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QUOTE(anakMY @ Nov 1 2020, 08:46 PM)
sifu can share how to win big?
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I learned by attending trading course from one of the bursa gurus from complete beginner. If you're serious can pm me, best 4k ever spent for a lifetime of knowledge
debonairs91
post Nov 2 2020, 10:33 AM

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Gogo buy gloves very cheap now
debonairs91
post Nov 2 2020, 10:48 AM

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QUOTE(anakMY @ Nov 2 2020, 10:46 AM)
things arent looking good. not sure when will this sell down last.
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Until klci is 1415. If want keep average down until then be my guest. If 1415 breaks next is 1350
debonairs91
post Dec 9 2020, 09:04 PM

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Market open or not this Friday?
debonairs91
post Dec 9 2020, 09:07 PM

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QUOTE(Rinth @ Dec 9 2020, 07:31 PM)
So today I go in serba and myeg..... hope serba rebound tomorrow...

MYEG how ah? Dunno the halt trading is good or bad....
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Serba announce pp = gap down. Myeg announce pp = you think what will happen? Down lorr
debonairs91
post Dec 9 2020, 10:04 PM

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QUOTE(Rinth @ Dec 9 2020, 09:54 PM)
Jialat liao then...... just go in then this kena halt....
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I've never seen trading halted then when trading open again price go up. Always down one
debonairs91
post Dec 12 2020, 06:18 AM

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Bye bye gloves. Those who don't want to lose 50% of their money better run now

JP Morgan pegs these glove makers' fair value at up to half their market price, says supernormal cycle is over
December 12, 2020 by Justin Lim

KUALA LUMPUR (Dec 11): JP Morgan has reinstated coverage of Top Glove Corp Bhd, but with an underweight recommendation and a fair value of RM3.50 — that's about half its current market price of RM6.90 — as it sees the passing of a supernormal growth cycle for glove makers, in anticipation of a huge oversupply in the market, as glove demand decelerates in tandem with the pace of testing for Covid-19.

Besides the world's largest rubber glove maker, it also initiated coverage of its closest peers Hartalega Holdings Bhd and Kossan Rubber Industries Bhd, also with UW ratings.
It gave a fair value of RM8.50 for Hartalega, down 38% from its last traded price of RM13.72, and a fair value of RM3.80 to Kossan, which is 30% less than its closing price of RM5.39 today.

Its analysts Jeffrey Ng and YY Cheah, in a note to clients today, said they expect glove prices to weaken in the second half of next year.
"Global testing trends have also plateaued, which ought to ease current supply tightness. JP Morgan’s proprietary fund flow analysis indicates the glove sector is a crowded trade, implying significant downside momentum. Near-term concerns on rising costs, plus long-term overcapacity risk, spell downside risks. Once Malaysia lifts the short selling ban, downward pressure could be amplified," they wrote.
debonairs91
post Dec 12 2020, 10:05 AM

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QUOTE(statikinetic @ Dec 12 2020, 09:52 AM)
With the JP Morgan report release, it's not surprising to see the first emotion shown amongst the masses. The 5 stages of acceptance.

Denial.
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They've been in denial since August
debonairs91
post Dec 12 2020, 10:26 AM

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QUOTE(statikinetic @ Dec 12 2020, 10:21 AM)
Back then they could argue with subjective sentiment. Now, it has become a lot more concrete with EPF disposing and JP Morgan's report calling out the elephant in the room.
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But but they still need to wear gloves while doing vaccination
debonairs91
post Dec 12 2020, 10:59 AM

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QUOTE(EBBattlefield @ Dec 12 2020, 10:30 AM)
game over bro,
time to cut loss and go bank...
zeroinifity also open tered say give up already
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But but gloves company very strong fundamental sure can reach rm20
debonairs91
post Dec 14 2020, 01:08 PM

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LOL gloves. Let's see how many people lose their life savings
debonairs91
post Dec 16 2020, 08:13 AM

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QUOTE(ry8128 @ Dec 15 2020, 08:20 PM)
Lai, come share lubang how to get usd2 per month for live data. PM if its confidential.  brows.gif
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Pity you liao 2usd also need lubang. Come give me your account number unker belanja you
debonairs91
post Dec 28 2020, 12:48 PM

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Gogo all in TG Supermax lulz
debonairs91
post Dec 28 2020, 01:19 PM

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QUOTE(Boon3 @ Dec 28 2020, 01:12 PM)
Biggest issue not mentioned about averaging down, is your invested capital will literally multiply to undesirable levels and  very expensive.

Simple example.# post 18806

See how a simple investment of 25k exploded to 147k?

And it was a very simple one. From 1,000 shares to 8,000 shares with the help of cheating too. Yes, example was based on the assumption one could buy at the very low point of each down movement. Just imagine otherwise....
All in... better think 5 times b4 averaging down.
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Very much agreed boss. Average down is not a good idea at all unless you have unlimited resource. If you really believe in the company's fundamentals, then you should cut when reach your CL point and then reenter again at lower price.

Averaging down will only increase your invested amount and basically double/triple/quadruple your risk
debonairs91
post Dec 30 2020, 11:24 PM

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QUOTE(pinksapphire @ Dec 30 2020, 11:10 PM)
I'll be interested to see if there's any impact to the share price too.
Although I don't follow AT, but I saw news that they're starting production sometime. What news other than this that is supposed to be out ah?
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Last time us ban import from FGV, gap down 5% on open lulz

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