No one talking about Airasia yet? I learned a lesson from trading Airasia shares. (LONG POST)

2 years ago, bought it for huge dividends. What could go wrong with a big name like Airasia right? Then, Covid 19 came. It plunged. Thinking that the March crash offered better opportunities elsewhere, I cut loss at RM0.85.

What happened 1 year later? Airasia FREAKIN' BOUNCED BACK. 

This is why I hate cutting-losses. You lose real money by cutting.   Had I waited longer, my losses would be less. (Although one can say opportunity loss is also loss, but what if bad luck strikes twice? What if you cut loss & buy another downtrending stock? Double-whammy)

Another thing I learned is to buy with a longer term. Even if I intend to buy today & sell tomorrow, I tell myself, I may need to hold for a year. Then, I need not get stressed out when the stock falls after I buy it.

Maybe it's just me who's bad at timing the market.

But I'm starting to believe that time in the market beats timing the market.

its sad how
when nasdaq go red -2.41%, klte bleeds -6.09%
when nasdaq go green +3.69%, klte inches +0.43%

IMHO, Governement need to promote Malaysia for any FDI.

But wait, how to?

If the US markets shit the bed like 2008, what happens to the KSLE? I assume that the foreign funds will all retreat and the KLSE will crash too?

Very quiet this threads.

Aduih....Wanna learn somemore from all the sifus here. Now, where all the Sifus gone?

please check Malaysia supply for how many % of  world gloves demand !!!!!!!!

There is nothing left in piggy bank.

Mostly taking from lender 

Didnt you also post something similar few weeks back? hehehe... you must be making tonnes of money elsewhere if you can afford penthouse after penthouse in bursa.

For real? Not Zhang Jian apparentice is it?

Klci drop below 1600 again
1500.is in the making....!!

Sideways market means less people making moves which should translate to the lower participation.
Even I'm posting less and reading more here. Investments all placed so here comes the long waiting game. Hopefully not too long.

There are still, and always will be, opportunities for speculators though.
I think the unspoken acceptance at the seats of power is starting to reflect. They cannot say it publicly as it is unpopular.
In hindsight, the reaction to Covid and the shutdowns are now understood to be too extreme.

Now if Covid was Ebola, then yes it is warranted. People are now coming to terms that Covid is another form of the annual Influenza A waves we see, jsut slightly more deadly in vulnerable demographics.
I think the UK has already made moves to treat the Covid pandemic as such.

I would choose the big one for long term that has good dividend policy.

Once supply become adequate, or may oversupply in future, big one has more upper hand.

In every sector, once there is a profit, supply will ramp up to meet the demand.
Oil is a non-renewable resources, supply also can ram up to meet the demand until oversupply.

In capitalism world, there is no product will forever shortage, unless there is no profit to be made.

You are right. It is only the approach that is different but exposure if something goes south is still there.
This could have easily ended up with a big loss. Certainly seemed that way a month or so ago.

My personal approach is from lessons learnt from one of the stupidest investors I know - me.
The only upside of making a lot of mistakes is the opportunity to learn if one is open enough to admit it.

People say getting it wrong and losing a lot of money is the worst thing in investing (I will only talk about value investing here, not trading). I find that is not true for me.
The worst thing in investing is getting it right and then losing a lot of money.

This happens when we do all our research and don't allow the main component, Time, to do the weighing machine work.
Short term as people say the market is on random walk and if the price drops drastically, a lot are motivated to then sell. That was the worst lesson for me to swallow in my early days. Made me looks really silly to myself, lose money when I'm wrong and lose money when I'm right.

Please disregard this post if you are trading. CL is your guardian angel.

today one of my friend came to ask me how to start learning about day trading. He want to quit his job.

i gave some sincere advice to him. And I thought why not share here as well if it can benefit or at least help anyone decision to be a day trader.

this is 6 months result from AI auto intraday trading. In the future, AI will take over all intraday trading.

I don't like to spend a lot of time doing intraday trading, so this AI cover earning on that aspect.

the ROI is slightly lower than expectation. The expectation is to double the capital each year.

so if anyone is trying to be a full time day trader, I don't really recommend. Human can hardly win robot AI in day trading.
P/S: pls do not ask me what, where, how, or whatever related to the picture. I just trying to make a point on how AI going to change day trading. Nothing more to disclose.

my 2 cents.

Good time to top up.
SPMX next QR report will push the price up again

Apa stock bagus nih?

I wouldn't know...

You should know very well that I am one that bothers tracking EPF.  As mentioned in the earlier posting, I mentioned "EPF is difficult and is an extremely complex entity to track, which makes it incredibly hard to make any intelligent bet based on its movements." This is what I strongly believes in.
And ya, the complexities ....

the conflict of interest in TOPG lau pan case, in which there was a clear conflict of interest with the Lau Pan on the EPF board. (LOL! Sounding like a broken record )

Ask yourself, why doesn't EPF hold more than 5% shares in Supermax?

Is it because of the grudge between these 2 lau pan?

Remember? B4 TG was listed, Supermax sued TG for selling gloves using Supermax branding?
but ya... when ppl is betting on TG ... these stuff... are non issue....