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STOCK MARKET DISCUSSION V150
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icemanfx
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Jun 12 2020, 11:02 AM
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South Korean individual traders, known for their love of risk, are poised to pour a record amount of borrowed money into the nation’s $1.4 trillion stock market. Deposits for stock trading at local brokerages have surged to 46 trillion won ($38 billion) in June, the highest on record, compared with about 31 trillion won in March, according to data from Korea Financial Investment Association. With the benchmark Kospi index having come close to erasing its 2020 loss on hopes for a quick economic recovery from the coronavirus, those funds are quickly being deployed. The total balance of margin financing by Korean retail stock traders rose to 11.6 trillion won as of Wednesday, the highest since June 2018 when it touched a record of 12.6 trillion won, the data show. https://www.bloomberg.com/news/articles/202...a&sref=bZ8VXc8URobinhoods ruled!
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icemanfx
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Jun 12 2020, 11:49 AM
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QUOTE(Vanguard 2015 @ Jun 12 2020, 11:44 AM) Kenanga has raised the target price of Top Glove from RM20.10 to RM25.00 due to its recent above expectation QR. Absolutely Stock has upgraded the valuation of Top Glove to: 1.1 / 3 (Valuation) 2.3 / 3 (Fundamental) It now has the best valuation among all the glove stocks. Is the moon and star aligned now for Top Glove? P/S: I am holding shares in Top Glove now. On trajectory to the moon, there will be many gravity pull/tussle between buy and sell. This post has been edited by icemanfx: Jun 12 2020, 11:49 AM
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icemanfx
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Jun 12 2020, 12:25 PM
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QUOTE(Vanguard 2015 @ Jun 12 2020, 12:23 PM) These are all goreng stocks only. Buy at your own risk. You can still make money from them but you need to move in and out fast. There is no margin of safety in these stocks. As long as price drop doesn't trip margin call, price will rebound.
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icemanfx
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Jun 13 2020, 12:25 AM
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QUOTE(!@#$%^ @ Jun 12 2020, 08:19 PM) not rational at all. drop 1 day and that's it? so fast mudah lupa. QUOTE(goldrush @ Jun 12 2020, 08:57 PM) Ya lo... so fast recovery...not only DJI but other Asian markets too. In the short term, the market is on random walk.
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icemanfx
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Jun 13 2020, 12:34 PM
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“I’m sure Warren Buffett is a great guy but when it comes to stocks he’s washed up,” Portnoy tweeted Tuesday. “I’m the captain now.” https://twitter.com/stoolpresidente/status/...-of-day-tradersWhich guru is local equivalent? This post has been edited by icemanfx: Jun 13 2020, 12:41 PM
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icemanfx
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Jun 13 2020, 01:51 PM
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QUOTE(langstrasse @ Jun 13 2020, 01:22 PM) Quite a comedic comparison, like a small meteor comparing itself to a giant planet. Meteors come and go and sometimes create some fancy fireworks in the sky along the way. On a timescale, they're like a flash of light Anyway, the fastest way to gain blind followers is to make sensational claims like these, regardless whether they're true or not. Sensational claims is what most people herd members love. This post has been edited by icemanfx: Jun 13 2020, 01:52 PM
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icemanfx
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Jun 13 2020, 06:11 PM
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Thanks to @stoolpresidente #DDTG community, I have earned enough $$$ to retire at 27. Thank you Dave. I am forever loyal to you and the trading community that you built #retailbros #straightwinners https://twitter.com/cowabungabrew/status/1271508413017731075https://twitter.com/stoolpresidenteRobin hoods rule
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icemanfx
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Jun 13 2020, 08:53 PM
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QUOTE(skty @ Jun 13 2020, 08:27 PM) hahahaha I laughed. this tweet make my day. you know, no matter in what field or subject, when someone get cocky and arrogant, he/she is doomed to fail. live to learn. the more you study, the more humble you will be because you will only know one thing, that is you know nothing. "Amateurs can get lucky, but only fools mistake that for wisdom.”
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icemanfx
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Jun 14 2020, 02:03 AM
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QUOTE(darkspirit @ Jun 13 2020, 06:11 PM) Hi base on 冷眼recommendation on May 2020, I have followed his recommendation and created a portfolio 冷眼 - recommended stock. So we can study on it  QUOTE(westernkl @ Jun 14 2020, 12:14 AM) 冷眼 Portfolio confirm accurate & huat?? How big is 冷眼 own portfolio? How much he has made since March 1st?
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icemanfx
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Jun 14 2020, 02:03 AM
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QUOTE(darkspirit @ Jun 13 2020, 06:11 PM) Hi base on 冷眼recommendation on May 2020, I have followed his recommendation and created a portfolio 冷眼 - recommended stock. So we can study on it  QUOTE(westernkl @ Jun 14 2020, 12:14 AM) 冷眼 Portfolio confirm accurate & huat?? How big is 冷眼 own portfolio? 500k, 5m or 50m? How much he has made since March 1st? Is he driving a late model Lamborghini? Which Richard mille watch is he wearing? This post has been edited by icemanfx: Jun 14 2020, 11:18 AM
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icemanfx
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Jun 14 2020, 04:34 PM
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QUOTE(Raymond_ACCA @ Jun 14 2020, 03:33 PM) Lol.. today at cafe, table behind me many uncles talking about stocks. Table in front of me a group of youngsters opening account with an M+ online agent.. more retail money coming in the stock market. Feels like the bitcoin days? Until fresh new money is exhausted and margin call is triggered, bursa is on upward trajectory. This post has been edited by icemanfx: Jun 14 2020, 04:35 PM
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icemanfx
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Jun 14 2020, 08:26 PM
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QUOTE(djhenry91 @ Jun 14 2020, 05:43 PM) Better don't touch rakuten..their system I see alot of their client keep complaining..either csnt login or can't key order Pre-approved 100k margin is hard to resist.
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icemanfx
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Jun 14 2020, 08:53 PM
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QUOTE(djhenry91 @ Jun 14 2020, 08:33 PM) interest rate berapa? MOF apa percentage? 6.8% p.a
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icemanfx
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Jun 14 2020, 09:48 PM
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QUOTE(djhenry91 @ Jun 14 2020, 09:01 PM) If you find annual interest could be made back within a few days is high, you shouldn't trade margin. QUOTE(!@#$%^ @ Jun 14 2020, 09:21 PM) Why won't green? This post has been edited by icemanfx: Jun 14 2020, 09:49 PM
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icemanfx
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Jun 15 2020, 01:04 AM
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QUOTE(BooYa @ Jun 15 2020, 12:49 AM) Tomorow morning buy or sell?  Dow future green #DDTG "stocks only go up." This post has been edited by icemanfx: Jun 15 2020, 03:12 AM
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icemanfx
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Jun 15 2020, 07:10 AM
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QUOTE(djhenry91 @ Jun 15 2020, 06:54 AM) Other offer below 5% and haven't count those rollover fees,this and tht.. Unless u super rich or wat don't even care how high they charge u..thn go ahead.. If you are a player should know daily price movements often exceed 2% and how much rm100k can bring to you in the bull run.
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icemanfx
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Jun 15 2020, 09:52 AM
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QUOTE(djhenry91 @ Jun 15 2020, 08:54 AM) ahaha..up to u decide la...if u think u wont mind pay expensive interest rate..if u think day day bull thn ok la.. dont forget sekali trigger margin call, u know why lo If margin call is triggered, whether 6.8% or 4.8% p.a still need to pay.
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icemanfx
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Jun 15 2020, 09:59 AM
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QUOTE(backspace66 @ Jun 15 2020, 09:05 AM) Sarcasm sensor off today? He is just trolling When btc, gold, poorperly was in bull run, similar behaviour was observed.
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icemanfx
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Jun 15 2020, 10:10 AM
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QUOTE(ChAOoz @ Jun 15 2020, 10:03 AM) You are always the counterweight in any bull run. I remember your posting in property side as well  There are always two sides to a trade, and bull run will eventually exhausted.
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icemanfx
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Jun 15 2020, 10:15 AM
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QUOTE(AVFAN @ Jun 15 2020, 10:07 AM) Hasn't reach the moon. with more fresh money pouring in, more like pit stop to refuel.
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