What would you do or at least advice based on the scenario above?

One best example for me in FA camp lesson was this stock. 5292

EP-1.47 in 2019, a week later sold at 1.23. A Loss? Yes.

If I had Not sold, Or maybe bought more in 2 week march 2020 crash,

Today Price @ Jan 10, 2021 = 9.20! Highest, 10.288.

still A

It just has to be consistent with your overall strategy.

Every company I buy will be set a cutloss point.
So in your example, I'd be cutting somewhere along the 1.5 and 1.7 range.
And I doubt I'd be able to buy at the bottom, so any re-entry will probably be around 1.2 or 1.3.

But this is all nice in theory. Stocks tend to go up up up once I cutloss.

Since the sentiment has shifted towards bullish on the glove sectors, they will need to think twice in using the remaining shorting quota. Bear in mind they still haven't covered their previous short position, based on the article written by Ben Tan (link below). If they short the second time and still can't fight sheer buying volume, then hoseh liao haha..

https://klse.i3investor.com/blogs/bursainve...ime_to_Time.jsp

As of last Friday 9/1/21, there's a net foreign fund buyers, with net sellers from local fund and local retailer.

Aha!!! 5292




Didn't know this stock had existed b4 March...

I can't answer for you, but I'll share what I'll likely do instead.

In short, I won't sell off as long as I think the company is not going to bankrupt. (with exception)

Reason: From FA pov, jumping in and out of a business just isn't a wise move. The effort in trying to time when to jump out and when back in is too much, you're only benefiting your broker by doing so.

Moreover, if you do not plan to use the investment fund anytime soon, why stay out of the market?

Once out of the market, what are you going to do with the money? spend extra effort trying to look for "better" companies? how sure are you the company will do better? All these efforts are too much for an ikan bilis who has a day job like me.

There's an exception. That is if I think the company might face bankruptcy. That's why it's extremely important to check through a company's cash flow before investing in it, sometimes a company goes bankrupt not because they can't make a profit, but because they can't roll their money in dire time.

Think Air Asia (sorry AA share holders please don't bash me) in the face of pandemic. As far as I know, they are in 1.08 bil net debt as of 3Q20. Instead of heading towards recovery, we're witnessing a worse covid19 situation. I don't know how many more quarters they can last. in b4 I'm aware of bigpay,airasiafood etc. keeping the group's survival. But I won't bet on it, especially in a heavy capex industry. Richard Branson's Virgin Airline filed for bankruptcy in August 5th last year.

Drew this in Jul

Ah UWC. I've never heard of this counter as well until recently...so far it grew like rocket. Not sure if it can sustain...

But any how that's a good example for FA camp lesson.

Ah that's true. Frequent in out and cut loss are giving me sleepless night and constant need of monitoring

This post has been edited by Duckies: Jan 10 2021, 02:13 PM

what you mean can ah?

On FA camp will be , TA will be Be it TA or FA, its all one conviction.

IPO day 0.80 @ 10.07.2019 Lowest 1.00 @ 19.03.2020.

If one bought in 10.07.2019, Take profit accordingly all at 3.11 based on TA, 11.02.2020 And then Bought back again 19 March or Double down...How much is it now?

Also, if you listen to the noise you`ll always heard the same thing, no one make noise when Nestle going from RM50.00 to RM138.00 and still there?

thus one need to be like

And Now? you`ll be like

again, you are looking at capital gain, which is not what an investor will do.

as a trader looking for capital gain, be discipline and follow your plan (TP, cut loss).

and if you want to be able to take advantage of market crash, better be very good at macroeconomic.

before you buy a stock, pls figure out what you want to do with it.

LOL. So complicated meh?

Wasn't aware of the stock, mainly cos I'm such a prejudice dick on newly stocks. Which means, I don't check them out at least one or two years after they are listed.

My weakness. Lol.

Anyway, this stock came into my attention after a chat with ChAOoz. Then I saw the chart.. and also their QR notes.

Indication of economy to come.

This post has been edited by icemanfx: Jan 10 2021, 02:53 PM

Light the beacons Ok when you done, and Rohirrin will answer.

anyone got bintai? its dropping T_T

Goreng stock.. What do you expect hahaha

Exactly. Goreng stock even limit down should not be a surprise.

lets pray up

If I wanna enter vaccine counter maybe PHARMA, DPHARMA and MYEG?

now they are a sole fridgeman

https://www.theedgemarkets.com/article/bint...medi-cold-chain


Bintai Kinden unit appointed exclusive Covid-19 vaccine distributor for Greenie Medi Cold Chain Box in Malaysia, Southeast Asia