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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Jul 14 2020, 04:49 PM

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Wait, did Rakuten just crashed? Nothing moved?
ZeroSOFInfinity
post Jul 14 2020, 04:54 PM

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QUOTE(annoymous1234 @ Jul 14 2020, 04:51 PM)
Tomorrow opening price suddenly shoot up, you'll never know.
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The good thing is that only TG and Careplus are in the negative now. The others in positive - with Kossan the clear winner.
ZeroSOFInfinity
post Jul 14 2020, 05:01 PM

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QUOTE(AVFAN @ Jul 14 2020, 05:00 PM)
biggrin.gif

and some paid 17.80.

spmx is all along known to be a very very naughty one.
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Mine is 15.9. And just look where today's final price is. biggrin.gif
ZeroSOFInfinity
post Jul 14 2020, 05:15 PM

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QUOTE(ratloverice @ Jul 14 2020, 05:11 PM)
I used my own savings punya. This is my first time doing stock trading, and I just want to experience how it feels. The money I'm putting in is within the amount that I can afford to lose, and I initially expected to lose all the money.
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One tip - during the flush, only ONE of the Big 4 went back up in profit, while the other 3 are in red. That alone is a good hint which one is worth buying and holding.
ZeroSOFInfinity
post Jul 14 2020, 05:21 PM

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QUOTE(Barricade @ Jul 14 2020, 05:15 PM)
Kossan biggrin.gif
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Yeap. And ppl say it's the most "useless" of the top 4 lol. Today it showed that Kossan is the most stable.

At max, TG and Harta lost 2+, while Supermax 3+. Kossan only lost 10 cents, before going straight back up.

This post has been edited by ZeroSOFInfinity: Jul 14 2020, 05:24 PM
ZeroSOFInfinity
post Jul 14 2020, 05:38 PM

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QUOTE(AVFAN @ Jul 14 2020, 05:32 PM)
will see tmr.

the alligators may push spmx back to 17 and start mauling koss. tongue.gif
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Kossan gain a bit tomorrow I dont mind. Supermax go 2+ I will be very happy.
ZeroSOFInfinity
post Jul 14 2020, 06:39 PM

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QUOTE(jianwei90 @ Jul 14 2020, 06:31 PM)
What's the meaning of ddtg?
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"Die Die Top Glove" tongue.gif
ZeroSOFInfinity
post Jul 14 2020, 07:14 PM

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QUOTE(ratloverice @ Jul 14 2020, 06:42 PM)
I put in about RM13k, and still have another 7k to top up before I hit the amount that I set for myself. So far the paper gain is about RM6k, but I'm planning to sell some to lock the profits first, then enter again when the prices go low. Actually I should have sold supermx already this afternoon before the dip, but I went against the promise that I made for myself. Gonna stick to what I planned in the very beginning and be disciplined.
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You should if you want to get profits and dont mind losing. My one regret today is that I didnt put any stop loss for Supermax and TG today, thinking it will remain that way. Else would have collected about RM 1k, and enter at much lower rate. But at least the loss wasnt top much.
ZeroSOFInfinity
post Jul 14 2020, 08:06 PM

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QUOTE(United Rulez @ Jul 14 2020, 07:40 PM)
Anyway to put stop loss in Rakuten?
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This is how I do it:-

Share - 10.5
Profit - 1.2k

Min. amount to take profit - RM 1k. Calculate how much the drop to reach target (remember to add in at least RM 20 for other costs like fees and such).

Put "Sell Order" - how much to sell and the price to reach min. Set "GTD" (Good to Date) for how long (1 month max).

That way if a big fall happens, at least you already have an order to sell immediately. But, beware - its not totally 100% (would say about 80-90% success rate).


ZeroSOFInfinity
post Jul 14 2020, 08:33 PM

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QUOTE(AVFAN @ Jul 14 2020, 07:56 PM)
yes, please do homework on this.

i strongly suspect the syndicates pushed up comfort and the 2nd tier likes today with a plan to dump the biggies.

i saw the first part coming but did not expect the second part to come down so soon! tongue.gif

in time, they might reverse - dump the 2nd tier and push 1st tier again.

gudluk.
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Yeah, from today's actions i noted the same. Comfort, Careplus, Adventa and Rubberex were pushed as much to the 30% daily limit.

Looks like they would be targeting Tier 2 and 3 stocks for next 2-3 days.... then dump them all on Friday evening.....
ZeroSOFInfinity
post Jul 14 2020, 08:37 PM

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QUOTE(infested_ysy @ Jul 14 2020, 08:30 PM)
But that's not stop loss? It's just giving instruction for rakuten to sell at that price...?

Say if you bought topglove at RM20, but want to set stop loss at RM19, you'll be putting GTD RM19 which means it'll try to find a match at RM19? But won't there always be people who'd be queuing to buy at lower price anyway? You'll end up selling your shares at RM19 right away?
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From what I experienced before, if you put in the order earlier, you're ahead in the queue to sell. So if got 100 ppl wanting to sell at the price you have set, but you put the order in like a few days ago, then yours will go first. Put too late and the price might "slip" pass your order.

And no, if you put at RM 19, but your share is RM 20, they wont sell it for you until it meets the price you set.
ZeroSOFInfinity
post Jul 14 2020, 09:16 PM

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QUOTE(Barricade @ Jul 14 2020, 09:03 PM)
What if there are people queuing to buy at RM19? It won't execute the sell order until the stock reach RM19?
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Let's say the share currently is RM 20. You put a buy order at RM 19. If the share drops to RM 19, then your order is executed.

Same with sell. Your share is now RM 20, and you predict will be RM 21 tomorrow. So you put an order to sell at RM 21. Once it reaches that target, then your order is executed.

Now reverse the orders for both first and second paragraphs, and the same thing applies.

As long as your order is valid up to a date which you set, the order will be executed. But if there are a lot of orders ahead of you at the set price, your order might be "passed" once the share price goes lower or higher than what you have ordered to sell. So its best to put in as early as possible to be ahead of the queue, or else you might earn lesser than what your min target was - or end up with a huge loss instead.

And one more thing - if you predict the shares will jump up or fall very quickly at opening, try putting at least a few cents difference from the current piece. For example, if the share is RM 20, put your Buy at maybe RM 20.10, or your sell at RM 19.80. This happened on Monday when I tried to buy TG and Supermax at their current prices - it opened at even much higher than the price I put to buy, and therefore didnt manage to get any of them.

This post has been edited by ZeroSOFInfinity: Jul 14 2020, 09:24 PM
ZeroSOFInfinity
post Jul 15 2020, 04:59 AM

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DJI closing very high today. And Futures keep climbing up. Big boost for KLSE later. Buckle up, because its gonna be a doozy.

This post has been edited by ZeroSOFInfinity: Jul 15 2020, 05:06 AM
ZeroSOFInfinity
post Jul 15 2020, 09:06 AM

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QUOTE(prozfromhell @ Jul 15 2020, 08:53 AM)
my daily entertainment from 9am to 10am nowadays is to observe the movements of big 4 LOL
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So, how is it so far?
ZeroSOFInfinity
post Jul 15 2020, 09:13 AM

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QUOTE(United Rulez @ Jul 15 2020, 09:07 AM)
Dropping like flies lol
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Remnants of those running away yesterday.... give it time, will back up later around 10am.
ZeroSOFInfinity
post Jul 15 2020, 09:18 AM

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Well, the other markets are in green.... gloves are still in red.... just waiting...
ZeroSOFInfinity
post Jul 15 2020, 09:22 AM

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QUOTE(AVFAN @ Jul 15 2020, 09:14 AM)
the question on everyone's mind:

"is it safe to go back into the water?"  laugh.gif
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Those who think so are getting lesser...
ZeroSOFInfinity
post Jul 15 2020, 09:26 AM

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It seems someone is busy collecting the top 4 gloves at low prices, hence they are being "suppressed" from going up....
ZeroSOFInfinity
post Jul 15 2020, 09:37 AM

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More flushing being done......
ZeroSOFInfinity
post Jul 15 2020, 09:44 AM

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QUOTE(kembayang @ Jul 15 2020, 09:40 AM)
Even glove juniors are being flushed too.
Opportunities now or deeper V graphs incoming?
Time will tell.
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Note the 2 biggest gainers so far? Pharmaniaga and DuoPharma. Because Khairy said they will package vaccine WHEN READY.

But since it's not ready yet.... ppl quickly jump onto bandwagon and buy their shares.... abandoning gloves.....

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