Well said, @Vanguard 2015 sifu. 
I will never give up & let's wait for TG qtr on next Tue. 

Not the reminder we all deserve, but the reminder we all need. Thank you uncle Van!

those are new position or averaging down? 

expecting some MCO3 catalyst tomorrow?

what do you think of SAMCHEM at opening price?

good luck 

when most people start doubt on glove, its the time to rebound because mostly sold them and no much resistance for fund to push.

how about your other glove counters?

not aiming to dispose on the previous lower low price and buy at lower price to get more quantity?
If we believe in stock value, what we can do in capitulation stage is buy at support and wait for those rebound to sell at previous lower low. Repeat and to get more stock quantity on hand.

When the reversal come after the capitulation stage, then you got more stock quantity on hand.

A simple rule of thumb according to the books..

1. For traders/speculators buying goreng stocks with weak valuation or fundamental, have a cut loss policy, whether it is 10% or 15%, etc.

Do NOT catch a falling knife by buying more shares. Preserve your capital by cashing out and live to fight another day.

2.  For true investors, look at the valuation and fundamental of the company. If nothing has changed and the price dropped, we can consider averaging down by buying more of the stocks.

My 2 cents...

Since there are many traders here, just for sharing...
Jesse Livermore's 21 Trading Rules

1.Nothing new ever occurs in the business of speculating or investing in securities and commodities.
2.Money cannot consistently be made trading every day or every week during the year.
3.Don’t trust your own opinion and back your judgment until the action of the market itself confirms your opinion.
4.Markets are never wrong – opinions often are.
5.The real money made in speculating has been in commitments showing in profit right from the start.
6.As long as a stock is acting right, and the market is right, do not be in a hurry to take profits.
7.One should never permit speculative ventures to run into investments.
8.The money lost by speculation alone is small compared with the gigantic sums lost by so-called investors who have let their investments ride.
9.Never buy a stock because it has had a big decline from its previous high.
10.Never sell a stock because it seems high-priced.
11.I become a buyer as soon as a stock makes a new high on its movement after having had a normal reaction.
12.Never average losses.
13.The human side of every person is the greatest enemy of the average investor or speculator.
14.Wishful thinking must be banished.
15.Big movements take time to develop.
16.It is not good to be too curious about all the reasons behind price movements.
17.It is much easier to watch a few than many.
18.If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole.
19.The leaders of today may not be the leaders of two years from now.
20.Do not become completely bearish or bullish on the whole market because one stock in some particular group has plainly reversed its course from the general trend.
21.Few people ever make money on tips. Beware of inside information. If there was easy money lying around, no one would be forcing it into your pocket.

I am no expert. Some checklist which may help us to make an informed decision...

(1) Are the glove stocks making tons of money?
(2) Is the valuation for certain glove stocks still attractive?
(3) Is Covid-19 now still raging across the world?
(4) Is the vaccine for Covid-19 available now for free for all the citizens of the world?
(5) Can I afford to buy the glove stocks now and hold it without panicking?
(6) Can I change my mind set from “The sky is falling, the price of stocks are crashing” to “The glove stocks are now selling at a discount of 20%. Mega sales is here”.

My 2 kupang as usual… 

Good morning folks. In about 8 days of trading, the blood bath in glove stocks are as follows:

4 Heavenly Kings

1. Top Glove -22.24%
2. Supermax  -33.42%
3. Kossan -32.25%
4. Harta -26.48%

2nd Liners

1.  Adventa -73.67%
2.  Careplus - 51.21%
3.  Ruberex -43.53%
4.  Comfort -58.95%

From my previous posts, you know where I stand on this. This morning, the rubber glove stocks is going up. Is it a dead cat bounce or a true recovery?

P/S: Look at the losses for Adventa and Comfort. It is truly eye watering. You need a 100% gain to recover back a 50% loss. Is it possible?

Uncle, if dead cat bounce, then how long does a trend like this normally last? Half a day, like this morning?

Wow 8 out of 10 times u buy sure earn profit one. How did u find out which stock to trade?

Thanks, Uncle...as I'm clearing my gloves after months of waiting...they baru start going up and up fast. So I don't wanna be hopeful and probably take this chance to clear entire remaining balance of 2nd liners because they've been down >40%.

yesterday...

i had profit in comfort and careplus, then turned to loss.

this morning, profit again.

i also think this limit up or down thing is history.

i am now more interested in harta!

if no chance to sailang, it means they r rising gain, consistently.

u sailang only when they drop like flies!!

Sold hlt too early cos my queue at .925 😅didnt check when i went to site, no wifi. But got sikit ikan bilis, took 10+% loss for ambank lol. Uncle got any tips today? I still holding kgb.. macam also rollercoaster ride.. but analysts said can go 3+ TP..

i am really curious can one make profit trading the way you do, you are super active, no matter whats the result, at least you are doing thing you love, and fun as well. how much capital you allocate for trading purpose? i do 10k max, just wanna have some adrenaline feel and make life more exciting, since the probability of losing is slightly lower than genting.

Uncle, may I know if there's a limit to how many times we can sell the same stock in Rakuten? I was selling in batches and entering to my 4th time (I didn't expect the price to rise so much, so kept selling), and it's rejected twice when I tried. Do you know why it happens?

The 1st scenario happens to me before, and since the system won't allow for submission to sell, it wouldn't go through in the first place.

For my case, after submission, then it shows Rejected. I'm puzzled now.

I don't have Contra account too.

Yeah, imagine if this happens at the hype of the price rebound (which is taking place today), gone case.

Thanks for your useful replies!

Unker, you very lucky ah. everytime i follow your post, it's always selling at a "+" gain.   

I calculate a RM4,500 realised gain.

the power of average down knowledge.

bukan simply hantam average down.

eh wrong. you not average down. You playing rebound.

Uncle don't mind me asking, everyday I see uncle shopping like going supermarket. 

Is there a need to declare in e-filing for example?  Or LHDN kacau uncle before?   Noob here asking.

May ignore my question if deemed too sensitive