QUOTE(annoymous1234 @ Jun 4 2020, 03:02 PM)
When share price is on uptrend, TP will similarly move higher.as long as more fresh money is coming in, price will rise.
This post has been edited by icemanfx: Jun 4 2020, 03:43 PM
STOCK MARKET DISCUSSION V150
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Jun 4 2020, 03:42 PM
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QUOTE(annoymous1234 @ Jun 4 2020, 03:02 PM) When share price is on uptrend, TP will similarly move higher.as long as more fresh money is coming in, price will rise. This post has been edited by icemanfx: Jun 4 2020, 03:43 PM |
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Jun 4 2020, 04:23 PM
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QUOTE(Vanguard 2015 @ Jun 4 2020, 04:07 PM) That is one of the factors but it is not that simple. Otherwise, everyone here will become instant millionaires. When the market is frenzy, almost every investors are making $$$. however, the last person who hold the ticket will bare the downfall.If you have the chance, I suggest you get hold of the classic book written in 1960 by Darvas entitled, "How I Made $2 Million in the Stock Market." You can also google the "Darvas Box Theory". He analysed for e.g. the volume, momentum and whether the stock is in an industry which is expected to outperform the overall market. But I must stress again, I am just a beginner. I am just sharing whatever little knowledge I have. Therefore, please take whatever I say with a pinch or bucket of salt. P/S : In one of my earlier posts, I did recommend a list of books on trading. At the end of the day, if we trade often enough, Mr Market will eat us alive. The free lunch cannot last forever. Sometimes, I don't even bother to queue at the best buy price. If the stock has momentum and price is changing by the minute, I will even queue on the best sell price. This post has been edited by icemanfx: Jun 4 2020, 04:23 PM |
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Jun 4 2020, 04:36 PM
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QUOTE(Vanguard 2015 @ Jun 4 2020, 04:28 PM) 100% true. It has nothing to do with trading skills or the fundamental of the stocks anymore. Historically, the party tend to end earlier than expected. in the meanwhile, have fun and enjoy.That's why I only trade with money that I can afford to lose. I don't do margin trading. The party will end at some point but nobody knows when. |
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Jun 4 2020, 06:41 PM
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Jun 5 2020, 10:11 AM
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Jun 5 2020, 10:27 AM
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QUOTE(ChAOoz @ Jun 5 2020, 10:18 AM) Not just new money, second stimulus for US is on the way. Check out the proposed heroes act: During bull run, any data, comment, talk, report, tip, news or rumour relevant or not is a reason for price rise.https://www.thesun.co.uk/news/11774249/coro...gned-democrats/ This post has been edited by icemanfx: Jun 5 2020, 10:32 AM |
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Jun 5 2020, 11:46 AM
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Jun 5 2020, 12:01 PM
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Jun 5 2020, 01:08 PM
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Jun 5 2020, 01:32 PM
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Jun 5 2020, 01:48 PM
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QUOTE(Vanguard 2015 @ Jun 5 2020, 01:46 PM) I dunno bro. Which crony stocks do you have in mind? believe umno has a good hold on moodin, will get a good chunk of goodies, and you are unlikely to hold for long.Thing are so fluid now. Maybe in a few months time, we will change government again from PN to PH. So, the so called crony stocks will fall. I re-call the same thing happened after the last GE results came out. Stocks like GKent and MYEG (if I remember correctly) turned blood red. |
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Jun 5 2020, 01:55 PM
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Jun 5 2020, 01:58 PM
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Jun 5 2020, 05:56 PM
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The short term economic recovery plan June 2020 sounds nice and jolly. How the gomen is going to tax, borrow and print fiat money is another matter and yet to reveal.
This post has been edited by icemanfx: Jun 5 2020, 05:58 PM |
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Jun 5 2020, 11:54 PM
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Jun 6 2020, 11:55 PM
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Jun 9 2020, 11:38 AM
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Jun 9 2020, 12:04 PM
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QUOTE(cherroy @ Jun 9 2020, 11:35 AM) The strange part of market now is, gloves and those recovery industries like airliners, hotels are up together. Doesn't quite match... QUOTE(theberry @ Jun 9 2020, 11:47 AM) QUOTE(silverwave @ Jun 9 2020, 11:58 AM) FOMO |
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Jun 9 2020, 06:22 PM
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Jun 10 2020, 09:21 AM
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QUOTE(ChAOoz @ Jun 10 2020, 08:56 AM) QUOTE(kembayang @ Jun 10 2020, 09:17 AM) QUOTE(propertyfeature @ Jun 10 2020, 09:18 AM) Nothing rise on straight line, could buy on dip.This post has been edited by icemanfx: Jun 10 2020, 09:21 AM |
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