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 STOCK MARKET DISCUSSION V150

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triple02
post Aug 12 2020, 04:52 PM

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QUOTE(bronkos @ Aug 12 2020, 04:42 PM)
what's your gloves paper loss like today, guys?

mine at rm500 this afternoon +/-
*
Carepls and HLT combined 700

But Supermax helped to cut it down to 200 laugh.gif
triple02
post Aug 12 2020, 04:56 PM

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QUOTE(lowya @ Aug 12 2020, 04:51 PM)
Supermx close 18.88 hmm.. is that some kind of message?
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Don't go lower than 18 cukup laa..its on a downtrend now..

Another round of flushing out perhaps
triple02
post Aug 12 2020, 05:05 PM

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QUOTE(Barricade @ Aug 12 2020, 04:59 PM)
Please keep personal gain or losses or how many lots you buy/sold out of this topic otherwise it will be another i3 nonsense
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Are you the mod? I see many others are doing on the this very same thread?

Why aren't you calling out anyone else?
triple02
post Aug 13 2020, 10:31 AM

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Calm day on the trading front unlike yesterday..

Trade safely guys

Looking into GENM shares now
triple02
post Aug 13 2020, 02:15 PM

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QUOTE(arshad @ Aug 13 2020, 02:03 PM)
anyone still holding supermax?
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subjective to individual..

depends on your entry point vs your TP

right now its still trading higher than my initial entry point..

so there smile.gif

This post has been edited by triple02: Aug 13 2020, 02:17 PM
triple02
post Aug 13 2020, 04:52 PM

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aunty ice is the type of person to tell you.. "I TOLD YOU SO" rolleyes.gif
triple02
post Aug 13 2020, 05:43 PM

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QUOTE(Vanguard 2015 @ Aug 13 2020, 05:28 PM)
Buy low, sell high.

4 simple words. Until now, many investors/traders including myself do not understand the meaning of these words and how to apply them.

Scenario 1

When a share is trading for RM25.00, we say the price is too high. We confuse price with value. We don't buy.

When the share drops to RM20.00, we say this is scary. The price will drop further. We don't see it as a discount. We don't buy.

or

Scenario 2

When a share is trading for RM25.00 and continue to rise, we believe it will go higher. We start buying and chasing it.

When a share drops to RM20.00 and we bought it earlier at RM25.00, we don't dare to average down and we will sell it at a loss.

So, what is the correct approach? Until we figure out the correct approach for us, we are destined to lose money in the giant casino known as the stock market.

Finally, we confuse luck with skill. When we pick a stock and it goes up 10% or more in a day, we think we are the next Warren Buffett. We forget that we are just lucky to ride on the wave like everyone else. But nobody can win consistently everyday at the share market by depending on luck alone.

As usual, this is only my 2 cents view on behavioural investment. Perhaps some sifus here can share their views.
*
not a sifu, infact just a few months dabbling in the market, but i'm a scenario one 1 guy, i do make some fundamental findings before i invest la..
my capital is not high as some...just got to trust in your strategy, too many variables

triple02
post Aug 14 2020, 11:18 AM

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red sea today...

hoping for a better market during the evening session...think many are taking profits to see what develops over the weekend..

Im gonna still hold my portfolio though

This post has been edited by triple02: Aug 14 2020, 11:19 AM
triple02
post Aug 14 2020, 12:13 PM

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QUOTE(yahiko @ Aug 14 2020, 12:06 PM)
wow... this is like tv drama !!! ohmy.gif
btw whole market down by  48 % puke.gif
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exactly what ppl need to see rather than being singular focused on the portfolios they are holding..


losses aren't only for gloves but for various other counters too, IB's will be furiously shoring up the majority of these counters during the evening sessions

this is just based on what ive been seeing trending for the past few weeks...

dont take my advice though. Play responsibly...just topped up Supermx a while back
triple02
post Aug 14 2020, 03:25 PM

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QUOTE(icemanfx @ Aug 14 2020, 03:21 PM)
Bursa has been sustained by retailers for many weeks.
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been sustained because many are looking for quick profits?, bursa has long survived with or without massive influx of retail investor/traders lah rolleyes.gif


you keep saying herd keep rushing into buy stocks is bad , but at the same time say if dont pump money, bursa will go red... laugh.gif revisionism at its best.

the one's that bising are the ones that are actually looking to make quick profits during MCO while they have that extra funds to play stocks


talk about being on the fence...mati mati want to be correct

This post has been edited by triple02: Aug 14 2020, 03:33 PM
triple02
post Aug 17 2020, 12:00 PM

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QUOTE(ZeroSOFInfinity @ Aug 17 2020, 11:55 AM)
Gambler or not, just take a chance in life. I took it twice already in share market last 2 months.
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Welcome back to SuperMX laugh.gif

triple02
post Aug 18 2020, 10:11 AM

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Bintai gave a nice surprise today..sold off to take some profit

Good to see slight rebound in gloves, compared to the past week,

Portfolio looking okay so far..trade safely all nod.gif

This post has been edited by triple02: Aug 18 2020, 10:12 AM
triple02
post Aug 18 2020, 10:35 AM

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QUOTE(HereToLearn @ Aug 18 2020, 10:22 AM)
LOL this guy... Dont even know how to buy stocks. Straight away want to buy topglov
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dont want to recommend to him, cause will end up losing $$$ eventually icon_idea.gif
triple02
post Aug 18 2020, 10:52 AM

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QUOTE(chenkiong @ Aug 18 2020, 10:36 AM)
lol why. i just invest like rm 100. not going to broken also. i want gain experience. buy low sell high right
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RM 100 how to buy TG la brader...

did u do any prior minimal reading/research before deciding to enter stock market?
Why you want to enter the stock market?
hit and run?
long term investment?

i also kena tembak like this from many people before i started to play, is normal

i suggest you first to watch some youtube vids and get some books

https://malaysia.kinokuniya.com/bw/9781118004777

recommended by all the older sifus here..


or you can check this page

https://www.youtube.com/channel/UC-h5sZ-O_4...sable_polymer=1

he posts here once in a while, very helpful for beginners


you can always make money off stocks and not during this Covid times only rclxm9.gif

triple02
post Aug 18 2020, 11:01 AM

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QUOTE(LA773 @ Aug 18 2020, 11:00 AM)
Optimax up 130%.. Nice
But no buy, new stock?
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yes new IPO...
triple02
post Aug 18 2020, 11:04 AM

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QUOTE(CSW1990 @ Aug 18 2020, 11:00 AM)
Most people are weird, gloves stock drop they panic sell to cut loss, today glove up then they want go in to buy.. later buy high and sell again in low during drop..
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I know a group with that buys/sells stock after a telegram message comes in.. laugh.gif

exited the group, got too toxic...

i assume there are many others out there are like this..treat KLSE like Genting casino table
triple02
post Aug 18 2020, 11:06 AM

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QUOTE(LA773 @ Aug 18 2020, 11:02 AM)
Whenever got new stock ipo, can we bid using bank trading apps?
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i can only speak for Maybank since im using it...Yes for Maybank

This post has been edited by triple02: Aug 18 2020, 11:07 AM
triple02
post Aug 18 2020, 11:31 AM

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QUOTE(skty @ Aug 18 2020, 11:20 AM)
wow. just yesterday almost everyone was saying Glove bubble burst. Stupid to buy. blah blah blah

today suddenly so optimistic. say 2nd wave coming. hahahahaha
*
from the trend looks very obvious retailers are buying back glove shares,
but like any trends got to give it a couple of days of course la...can see the rebound, earlier many panic and cut the losses only

This post has been edited by triple02: Aug 18 2020, 11:36 AM
triple02
post Aug 18 2020, 03:33 PM

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Superb..

held on to Carepls,

Where is the guys that made noises about glove last week ah?


triple02
post Aug 18 2020, 04:59 PM

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havent sold my SM yet..

gonna ride it out and see how much can it go up..really surprised to see such a hike in such a short period of time tbh





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