I am no expert in trading. But I think it helps to have an exit plan. This include a cut loss price. Some trader may set it at 10%. Another trader may set it at 15%.

This means the moment the stock suffers a loss of -10%, the trader will cut his loss and move on. No "ifs" or "buts". The stock and loss will be recorded in his log book somewhere. But that's it. The loss is wiped out from his memory. No emotional attachment to the loss or to the stock.

I remember I raised the question about buying a stock which subsequently dived and Cherroy has provided some useful guideline. Perhaps some kind soul here can find the post. I don't know how to do it.

As always, this is my 2 kupang only...

dji futures up 500 liao...

The Malay Mail Online

Comfort Gloves posts healthy jump in Q1 profit to RM16.34m

Friday, 12 Jun 2020 08:33 PM MYT

KUALA LUMPUR, June 12 — Comfort Gloves Bhd’s net profit almost doubled to RM16.34 million in the first quarter (Q1) ended April 30, 2020, from RM8.41 million in the same quarter last year.

The maker of natural and synthetic examination gloves attributed the better performance to higher revenue and lower production cost due to increased productivity.

Stronger sales volume boosted its revenue by 27.5 per cent year-on-year to RM152.91 million, the Perak-based company announced to Bursa Malaysia today.

The company, which derived 87 per cent of its revenue from synthetic gloves in the last financial year, said prospects of the rubber glove manufacturing sector this year remained strong with increasing demand arising from the trend towards switching to nitrile gloves.

“With the recent coronavirus pandemic, we expect glove consumption to increase in the long run due to  rising global health awareness,” Comfort Gloves said.

The company said its marketing team was capitalising on the shortage of gloves globally to aggressively expand its customer base for continuous market expansion and future growth.

Based on its 2020 annual report, its biggest markets are Malaysia and other Asian countries. — Bernama

Comfort has been showing bearish sign since beginning of the week. And thanks to director keep on dumping share into the market. Can’t say it’s a good or bad. Even carepls and comfort announce good quarterly result, it seems doesn’t boost the price much. Even supermax shows bearish sign. Perhaps you should wait on Monday after 1030am to see the trend. Again is it worth to buy or not, always look into the fundamental of the company. (Comfort best quarterly result yet to come). I would wait and re enter if it drop to 2.50

The only 2 glove maker that worth keep right now are harta and top glove as share holder are strong and able to resist panic sell, margin call and profit taking. The glove counter seems volatile at this moment and no more green sea every counter. You need to catch the low price and wait for the rebound.

How about careplus? Worth keeping?

Ideally if you are making profit from this share, you should consider cashing out 50% of your share and let the balance roll to see what will happen. By doing this, you actually protecting your profit and re enter at the right time. Always remember to limit profit/ loss by setting yourself target price of profit and loss.

Again by looking at the fundamental of supermax, they are among the top 4.

if maybank drop back to 7.4 i promise i will buy one more lot

im not buying anything today. see tonight us market how 1st

Put all your money into Tenaga, Maybank and Topglove.

Thank me later

Based on the latest QR and valuation, the only stocks worth looking at now are Top Glove and Comfort.

Let's see how much further the glove stocks prices will fall before they are attractive enough to buy.

If you wish to buy Supermax...well all I can say is, your money, your call.

My view on Supermax is this. If you invest RM1000, your potential loss is RM200 to RM400. Against that, you hope to earn RM100. Does the risk/reward ratio make any sense to you?

Collect sikit sikit when down

how can u loss supermax  :confused: , at what price did u bought?

tbh im still keeping my eyes on rubber, I believe this is not the end..

nothing is flying... not gloves , not gaming, not 4d...

margin player at t3 kena sabo by bank ler 

Is it rakuten again ?

just bought AA few days ago and now drop. fuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

no eye see already!!!