I entered too late. The valuation is too rich for me now. I would be lucky to even get 7% profit based on my entry price today.

I am one of those who was skeptical of Mr DIY and thought it was not worth the intrinsic value.
Shows what I know about Bursa movements. Still think it is grossly overpriced though. But FA does not matter.

Cis. No fun! So fast guessed correctly already.

According to some studies, about 30% of bursa counters price movement is no different from gambling.

Me...thinking of just selling it off for a loss cuz I entered high. You?

RM2. I let my losses run deep, so no more of this moving forward...I want to die die one time pain cut those I don't plan to keep for long if they incur beyond 10-15%.

Fundamentals seem to be not a good reference point nowadays. I mean, I used that to keep those stocks I thought could at least maintain, or drop max 10% over the time, but presently, seems that this doesn't work well with me cuz eventually they go >30% lower, sigh...maybe just my luck too.

1400 is coming

Foreign run away fast.
GE coming
Penny flying
Bursa not willing to reduce transaction fee.

Let's share our thoughts.
1. What companies' shares do you think will face correction in next few weeks?
2. What companies are you bullish on?
3. Would you hold shares until end of 2021? If yes, what are those?
4. Even if price dropped 50%, which ones which you will never touch?

Anyone still trapped with SCIB? My average cost RM2.25. Guilty of chasing high. Thinking should I cut loss 🤔

What happened today?

Seems like retailers got spooked and panic sell.

you in? 

serbadk tempting again...itchy hands

the key to win this game is summarized as:

1. solid FA filter (growth and undervalue)
2. trending TA filter
3. small risk high reward precision entry
4. damn good discipline to stick to 1-3.

already in even before covid hits bro

super undervalued

below 1.6

sentiments arent good, but ceo himself said he thinks it is undervalued and have been collecting himself

so yeah if trust karim then nothg to worry, high & low we ride

Since you are so interested in serbadk, you should have noticed the multiple private placements throughout 2020 right? many people dont like it.
you bought some in there? I was interested in that counter but end up didnt buy lol

My hard lesson in investment. I posted it here before in March 2020 and some of the forumers here laughed their head off. But it's OK. I got no ego issue. 

To re-cap. Sometimes in April 2017, I had a hot run in Bursa. Gold finger. Nearly every single stock that I bought went up. By October 2017, my unrealised profit was about RM110K. Not including dividend payment of about RM14K for the year.

Usual story. I got cocky. Nothing can wrong. No cut loss policy. Even when the TA and FA turned sour.

Fast forward. By 2019, loss of about RM190K. Overall portfolio down by -50%.

Moral of the story. Please learn from my mistakes.

Decide early.

1. Are you a trader or a long term investor?
2. To average down or to cut loss when the stock is down -10%?
3. Do you have an entry and exit plan?
4. Diversify across different sectors if possible.
5. For investors, what is your definition of long term? Anything less than 1 to 2 years is only short term.

P/S:  Paper trading or doing things in theory is very different from practice. Read more investment books and trading books. Do not trade stocks with money that you cannot afford to lose. It is a one way road to Holland.

My 2 cents... :thumbsup: