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 STOCK MARKET DISCUSSION V150

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qsrt1616
post Aug 6 2020, 09:33 PM

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I am tempted to buy LAMBO as a joke. Sounds like a Meme Stock haha
qsrt1616
post Aug 7 2020, 09:00 AM

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not at all
qsrt1616
post Aug 7 2020, 04:29 PM

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Just a reminder to minimise toxicity in this forum:

We do not need another i3Investor forum. So if you got out first, good luck and congrats. And if you are burnt and lose a lot of money, calm down. It is not the end of the world. Corrections happen from time to time. Reevaluate your strategies and you will be able to make better trading decisions in the future. Ride your wins and don't hold on to your losses. And don't panic.
qsrt1616
post Aug 7 2020, 04:38 PM

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Seriously though are Malaysian investors so weak-minded? Small correction already start to panic sell. Sorry I told you guys to calm down but now I really cannot hold back my frustration. This is too crazy
qsrt1616
post Aug 7 2020, 04:45 PM

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guys i already lost 50k
qsrt1616
post Aug 7 2020, 04:47 PM

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QUOTE(AVFAN @ Aug 7 2020, 04:45 PM)
u need to relax.

people may be smarter or cleverer than u think.
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I disagree. But you aren't wrong either. It is the Dunning-Kruger effect. People think they are the next Warren Buffett when they win and they will start to lose all confidence if they lose like today. You never learn if you don't kena burn at least once. Just like when you learn how to drive motor. At least you will fall once.
qsrt1616
post Aug 7 2020, 05:02 PM

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last minute got out of HLT profit 200k I bought low enough. Seriously this will be my last time playing goreng stocks. Let's go back to blue chips
qsrt1616
post Aug 7 2020, 05:03 PM

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But LKL and Adventa though RIP
qsrt1616
post Aug 7 2020, 05:05 PM

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QUOTE(HereToLearn @ Aug 7 2020, 05:00 PM)
What a legend!! I dont even have 5 digits when I was a college student
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Yeah I went all in in TopGlove and Supermax
It was such a dumb play but it worked out in the end.
qsrt1616
post Aug 7 2020, 05:06 PM

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QUOTE(anakMY @ Aug 7 2020, 05:04 PM)
So u actually did not loose 50k right ?
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No, I did lose. Paper loss 50k in Adventa and LKL. I entered at a pretty low price and still kena burnt. 1% for me is a few thousand ringgit already
qsrt1616
post Aug 7 2020, 05:10 PM

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QUOTE(HereToLearn @ Aug 7 2020, 05:06 PM)
Congratulations man. Dont throw all your profits to goreng again. Pay your college fees 1st
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Thanks dude. I hope you are doing well as well. I am going to the bank next week to cash out all profits. I will stay here to give advice to other newbies and hang out with you haha. But for all members, new or old, don't try to recommend goreng stocks anymore. We do not want newbies to repeat our mistakes. Teach them about value investing and learning about fundamentals and answer questions smile.gif Have a great weekend
qsrt1616
post Aug 7 2020, 05:12 PM

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QUOTE(yahiko @ Aug 7 2020, 05:08 PM)
i was wondering how to consider good investment or not..

5 years of share market: earning 50% from total investment. consider good?  ( excluding dividend payout- the money dont know go where dy)

any sifu can share?
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Yes, it is insanely good. Warren Buffett's average ROI for the past decade is 20%. But he sustained the same ROI for 20 plus years. But in your case, 50% ROI over 5 years is pretty decent. Good job and pat yourself in the back. Invest in fundamentally strong stocks
qsrt1616
post Aug 7 2020, 08:28 PM

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QUOTE(ComingBackSoon @ Aug 7 2020, 08:04 PM)
You are making it way too complicated. Easiest way to make money is to forget about your finance degree and CFA BORING stuff and learn more about the human psychology and mechanics of the capital market.
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Yes, everyone of us thought the same way too until you actually lost your first huge money (10k and above baru ada rasa). Everyone was a Warren Buffett until they got burnt big time. In a stock market, loss is almost guaranteed. The important factor is when and how to mitigate the risk involved and minimise the losses.
qsrt1616
post Aug 7 2020, 09:29 PM

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QUOTE(HereToLearn @ Aug 7 2020, 09:19 PM)
Cant agree more on this, with the trading hype going on strong, people just buy anything slightly related, and then make up fantasy stories to justify their decisions.

Maybe influenced by the experienced traders/gurus out there to trap new buyers. In trading, experienced traders can only earn from what others lose unless they are selling courses.
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What does your portfolio look like now haha? My portfolio almost cleared except holding only 3 shares of TopGlove and Supermax and I got stuck in Genting too
qsrt1616
post Aug 7 2020, 09:43 PM

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This post has been edited by qsrt1616: Mar 16 2022, 08:29 AM
qsrt1616
post Aug 7 2020, 09:48 PM

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This post has been edited by qsrt1616: Mar 16 2022, 08:29 AM
qsrt1616
post Aug 7 2020, 09:51 PM

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This post has been edited by qsrt1616: Mar 16 2022, 08:31 AM
qsrt1616
post Aug 7 2020, 09:53 PM

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This post has been edited by qsrt1616: Mar 16 2022, 08:29 AM
qsrt1616
post Aug 7 2020, 09:55 PM

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This post has been edited by qsrt1616: Mar 16 2022, 08:30 AM
qsrt1616
post Aug 7 2020, 10:15 PM

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This post has been edited by qsrt1616: Mar 16 2022, 08:30 AM

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