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 STOCK MARKET DISCUSSION V150

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Bendan[520]
post Oct 19 2020, 05:49 PM

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QUOTE(AVFAN @ Oct 19 2020, 05:46 PM)
if i say it will surely get there tmr, i will be bullshitting u.

i am saying there is a good chance it will happen tmr.

when news of CBP lifted comes out... tmr, fri, next week... it should happen - perfect 10.

but r u happy with just 10?

i am not! laugh.gif

but it will take time, some ups and downs... sure there will be.

be investor like to get the full rewards.

not like gamblers yelling limit up! limit down! everyday.

if u r one of those, u better go play the penny counters, not RM10 ones!
*
We have a few gamblers here as well rolleyes.gif
Bendan[520]
post Oct 20 2020, 04:21 PM

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QUOTE(Duckies @ Oct 20 2020, 04:18 PM)
Probably. But small or big correction no one knows.
*
feels like big correction coming o
Bendan[520]
post Oct 20 2020, 04:43 PM

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QUOTE(lauwenhan @ Oct 20 2020, 04:25 PM)
user posted image

Will LCTITAN go back to IPO price?
*
Need share instagram ego boosting mou bro biggrin.gif
Bendan[520]
post Oct 20 2020, 04:44 PM

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QUOTE(Duckies @ Oct 20 2020, 04:23 PM)
Exactly...when ikan bilis like us got the news it's already too high to chase XD
Good for some people who have patience and waiting for big correction then only go in. It's more or less kinda expected...nothing goes green/up forever.
*
yes, waiting for that moment...
Bendan[520]
post Oct 21 2020, 11:40 AM

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Washing out retailers now..

Standby with money to re-enter.

cut loss around 6k today.
Bendan[520]
post Oct 21 2020, 11:43 AM

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Sold my tech stocks as well for profit buffer soon.

Bye

JFTECH. you did good this morning
Bendan[520]
post Oct 21 2020, 12:07 PM

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now price rebound, trapping beginner retailers.. then later afternoon session shoud be second plunge.
Bendan[520]
post Oct 21 2020, 12:13 PM

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QUOTE(jonathanchee315 @ Oct 21 2020, 12:08 PM)
We shall see in the afternoon, saw your post you had cut loss early. If you stick to fundamental and own strategy, you won't went wrong.
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FA wise I have never doubted this company before since march, I've been in gloves ever since covid came.

The thing about me is that I dont hold stocks too long. Max 1 month, I swing trade most of the time..

Why I cutloss earlier is because I profit buffer to buy low on some other stocks.
Bendan[520]
post Oct 21 2020, 12:17 PM

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QUOTE(Vanguard 2015 @ Oct 21 2020, 12:13 PM)
Looks like it is a false alarm again folks. The glove stocks are rebounding.

Potong stim. I didn't even have time to prepare my war chest.  biggrin.gif

Back to work everyone.
*
I was drinking coffee after I cut loss, thought it will dive deeper..

manatau v-shape..

cry.gif
Bendan[520]
post Oct 21 2020, 12:22 PM

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QUOTE(icemanfx @ Oct 21 2020, 12:19 PM)
Most retailers bought on emotion, gut feeling, sentiment, get rich fast mentality, etc.
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Haha.. You got that right.. learnt an expensive lesson from that during my early days..



Big pullback > cut loss > see signs of rebound (technical rebound), went in double down > counter proceeds to nose dive deeper > cry cry.gif
Bendan[520]
post Oct 21 2020, 12:44 PM

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QUOTE(skty @ Oct 21 2020, 12:30 PM)
Sold those Comfort after it turn back to downtread after hitting short term trend line.

Earn gula Melaka money. Haha.

Other gloves can’t even reach the trend line. Looks like afternoon won’t have momentum.
*
Today is seller's in control day..

Wait for afternoon plunge.
Bendan[520]
post Oct 21 2020, 02:39 PM

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Vaccine news, SG vaccine news caused this big pullback.. trade sideways for now.
Bendan[520]
post Oct 21 2020, 02:45 PM

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QUOTE(james.6831 @ Oct 21 2020, 02:41 PM)
hmmm vaccine news again? haha good for IB and Syndicate to play us...
*
https://www.thestar.com.my/aseanplus/aseanp...d-out-from-2021
Bendan[520]
post Oct 21 2020, 02:50 PM

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QUOTE(Krv23490 @ Oct 21 2020, 02:47 PM)
so in investing ? so just buy buy dont need sell forever and ever and ever? since will LOSS in the long run

rclxub.gif
*
buy low sell high..

not buy high sell low
Bendan[520]
post Oct 21 2020, 02:57 PM

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QUOTE(Krv23490 @ Oct 21 2020, 02:52 PM)
ya of course, i agree buy low sell high, trading and investing both ways.. if see substantial gain i will sell to take profit.. or if big change in fundamentals.. i will cut loss.. but he say dont sell.. just keep buying
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I dont know about him but..

My trading philosophy is

Fundamentals of the company acts as a catalyst to trade, but it still boils down to technical analysis..

Take SUPERMX for example.


Their FA is good, if you invest and sell during its peaks before the pull back and buy at the depths of the pullbacks, you'll actually earn more than the guy who holds.
Bendan[520]
post Oct 21 2020, 03:02 PM

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QUOTE(Krv23490 @ Oct 21 2020, 02:58 PM)
Correct, if FA very good also, you buy at peak also no point..
*
Ya man..


Althought I just cutloss gloves this morning with 6k realized loss, I learnt to take it without feeling like a pushover.

Take small losses to buffer for big wins.. biggrin.gif


When win sure 5 digits wins!
Bendan[520]
post Oct 21 2020, 03:03 PM

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QUOTE(GarageSalesUser @ Oct 21 2020, 03:02 PM)
If only everyone can time the market.
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with yesterday and monday being in green zone, everyone knows that it'll retrace and pullback, those masuk yesterday like me is just being greedy. biggrin.gif
Bendan[520]
post Oct 21 2020, 03:08 PM

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QUOTE(skty @ Oct 21 2020, 03:02 PM)
now only got time to check data.

retailer positive inflow 180 mil in Bursa. all the sheep.

never learn.  doh.gif
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bro where u get the data? can share? biggrin.gif
Bendan[520]
post Oct 21 2020, 04:02 PM

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QUOTE(enixcv123 @ Oct 21 2020, 04:01 PM)
so 4pm show is real or fake one? i see some has doubt tongue.gif
*
4pm show is throwdown show.. u want see?
Bendan[520]
post Oct 21 2020, 04:09 PM

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QUOTE(Duckies @ Oct 21 2020, 04:03 PM)
Yes I want to see massive throwdown.
*
already throwing, reaching day low now.. maybe can break day low.

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