Has our bursa priced in the 2 weeks fmco extension?

Come on, let's GAP UP Topglove. No need limit up. 10% already good enough

JP Morgan about to cover their huge RSS positions, hopefully

Definitely not a short squeeze. But hopefully a real rebound this time.

LETS GOO!!! Time to earn money for #BursaTech100

Glove and tech both the most profitable and highest growth industry currently in Malaysia

Edit: 80% possibility that people will be disappointed again. Most likely, the stock won't move. Haha
(Position or ban)
Position:  50 lots TopGlove bot @ RM4.87

            YOLO 1000 lots TopGlove-C1N

NEVER BET AGAINST TS Lim Wee Chai xddd

People on i3 and KLSE Screener are AFRAID to enter. Just checked. Get in before them, that's my justification for buying in TG last week. Haha once it rose 10%, they will come eventually.

I am going to lose so much money if this bet goes against me today. Cannot sleep at all last night

FF non stop selling, incl shorts, no confidence.

What potential does mahsing possess? Mind to reveal?

Does sifu here predict bursa to bounce back this month?
Bcs I cut lost on all my shares waiting to buy back when start to recover. If not going to recover this month I want to use the money to buy stuff...

10% profit...

Accumulated the bets and win 10 in a row = big profit...

That's the dream... but something which is damn difficult to do.



Let's talk reality...

Out of 10 bets... on average, how many times can you win?

6 out of 10 with 10% win margin and a 8% lose margin, that's cutting it close. Not much room for error and circumstances beyond control.

Anyway, if you can produce a 60% win rate, you should be able to pick own stocks comfortably well.

Game plans are needed but if the game plan is weak, the game plan is gonna do more harm than good.

Again on the game plan.

Executing the wins at 10% and the losses at 8%... this is much easier said than done and more importantly, the execution depends on each individual as not every1 is the same.

And the obvious is managing the losses at 8%. In reality, many times losses run bigger than desired. One might want to cut at 8% but many times, the execution of the loss management is only done at maybe 10%, 12% or maybe even 15%....

So when one sets it so close (wins at 10%, losses at 8%) ... the losses can easily come out on average 10%....

which doesn't leave much meat in the game plan.

Yeah... one can easily argue, the cut will be strictly at 8%....

but the problem then be the frequency of the cuts.

Trade in markets long enough, you will realise that shakeouts will happen rather frequent. And with a strict cut loss strategy, one runs the risk of cutting way too often. Which means the 6 out 10 win rate could easily turn into a 4 out 10 win rate...

See the problems associated with such a game plan?

Dude... don't simply use the word sifu la... and yup, I do have a habit of ignoring those who simply call me that.

Foundations are important...like houses. To built a good house, the house has to be build on solid ground. Hence, you need to (1) understand what kind of trader you are (ie... what's your best trading skillset or perhaps you are better off as an investor etc etc) (2) need to formulate a solid game plan. And to do this, best you paper trade and not trade with real money.

btw.. all those are all simple math and logic reasoning. 6% win is even a bigger no-no. All it needs is a nasty bad trade to wipe out your gains and even worst still, your capital laid out.

The logical solution is the meat. There has to be meat in your winnings. ie. the winning has to be big and meaningful. Fark the kfc wins. That's not winning. Cause by simple reasoning and logic, all it takes again is that one nasty bad trade to make you vomit out all those pathetic kfc winnings.

It is really that simple... Win BIG or don't bother. (but of course, many simply enter trades and get delusional that they can win big on any random trade (and of course they discount all potential risk involved)

That's exactly it.

The big winning trades do not fall from the sky all the time. If you want to be a profitable trader, like a good hunter, patience is required. And yes, I would agree with your assessment about the current stock fluctuations. Well, yes, 10% would 'look' like a good income BUT such income is unsustainable as explained earlier.
Well, there are all kind of traders. Some of which, trades on news. Some trades on charts. Some trades based on fundamentals. Some trades based on speculation. etc etc etc

For example, trading on speculations. The glove plays fits in perfectly recently. In which, one has had 2 nice opportunities to make trade based on speculation (which is the rise of new covid cases due to O, would spark a rush on glove stocks.) If you follow the postings here, you would find that it wasn't difficult to spot such a trade.

But yeah, there are many type of trades... and let me say this... one needs to find their own niche,

Yup, you need to know yourself first.

Pointless (and in fact, extremely hazardous) to follow postings on social media.

This is because you are only trying to emulate what you read... and obviously the danger here is you find the pitfall of reading messages with ill intent.

Stock tips/suggestions which will ultimately bring you big losses.

You need to make own discovery.

And once more... I stress the importance of paper trading.

Don't mess around with real money in the stock market. There should be no try try. Trade only when you know you can win.
And last but not least, avoid i3 at all cost!

There is pure evil there......!!!

Google la...
Not being mean... but learning how to search is a must.

Bnm interest rate rise is a matter of by how much not if especially current real interest rate is deemed negative.