So can we conclude that glove fiesta has officially ended?

some superstitious kopitiam uncles aunties commented TG put their ex-date today which is the hungry ghost festivals, not an auspicious day and it's a bad omen

Looking at KLSE currently.... I say hold on first.

Already cheong to very high compared to other klci components... top1 gainer with 3.5%... look at his comrades, harta, kossan, supermax, 1 barely in green, harta slowly bringing traders to back to holland

Already cheong to very high compared to other klci components... top1 gainer with 3.5%... look at his comrades, harta, kossan, supermax, 1 barely in green, harta slowly bringing traders to back to holland

Whoever still holding Comfort now must be crying......

Bro, die die wait only until Sept 11, see OPR and unemployment data 1st

Better to be safe than sorry

Wait
Heard another 25 opt cut on 10 September

Foreign investment outflow probably cos they are all going in to DJI tech stocks.  Probably have to wait for that bubble to burst first before the foreign money comes back in.

mulut celupar! hahaha up up up.. i have 10k sini wei.. see it free fall to where it is now sim tia.. bought at RM3.4x..

hahahaha okay nice nice.. at least we on the same boat.. Maybank also down T.T.. average down which side.. maybank or cimb bank? cimb bank the ETA is pretty good thinking to pump in more into it as well. but moratorium ending need to prepare RM30k for my installments next month also. hahaha

My lessons in stock trading and from this forum...

1.  Averaging down only works if you are a value investor. Even then we have to analyse the fundamental of the company carefully to see if it is earning profit to justify averaging down. If the company is suffering losses and the whole industry is suffering, then averaging down could be a very expensive lesson. I learned this the hard way. My losses from averaging down a few years ago were huge...well at least by my standard they were huge.

Some forumers say that averaging down only works for unit trusts where we are buying a basket of shares.

2.  Averaging down is a big no no for traders. We cut loss at -10% or at whatever amount that we are comfortable with. I tried averaging down with Harta recently. I treated it as a hybrid investment (both trading and value investment). I suffered losses. Harta was like a bottomless pit. But having said that, averaging down worked with Top Glove, Supermax and Kossan at that time. Good return from there.

3.  Cutting losses. This is painful but sometimes necessary. We refuse to cut loss even when we suffer 5 figure or 6 figure losses. Part of the reason is because we are in denial mode. Ego problem. How can our "superb" trading skills or investment skills be wrong??? Well, Mr. Market doesn't care. I have been there as well.

Capital preservation is paramount. Once your capital is gone, you are out of the game. Holding on to a blood red portfolio also denies you the opportunity to buy other better stocks. Better to lick your wounds and live to fight another day. A cliché I know.

I am just sharing my view. Please don't get offended whether you are currently holding banking stocks, glove stocks, penny stocks, etc which is suffering losses 

https://www.theedgemarkets.com/article/rubb...ll-profittaking
So what to buy for economy recovering play? You know I know.   

But to be safe, lets wait until Sep 11 for the indicators

Meow, That Red & White Logo, Three Main "Vroom".

Spmax dropping already, haha. Once it touch 20, ayam can sapu back some.

Bought 3 lots TG at 26.08 yesterday.

Now like slowly going down.

Should I sell?

This split confusing my decision a little

KLSE going down like nobody's business now.