Of course lose as losses in term of percentage is more than winnings.

So how you make sure something like this wont happen?

My approach will be winning more lose less and by study a company n its chart which gives me confident to hold for bigger gains and cut when something goes wrong. Right?

It's not about the approach.

What is more important is you need to understand the very basic concept of keeping your winnings big and your losses small. If one fails to grasp this, no matter how good the approach is, one could still lose money.

Let winners run, keep losses small.

Same example as earlier..
Say one keep losses at 10%...
One could lose 7 times....
But as long as winners are kept huge (25% or more) ...
One only needs to win 3 out of 10 times to have success.

I think this is most likely a small bear which is good for the market in longer term.. but I may be wrong cos I'm noob.. stocks which were bought lately are almost back to my entry price and some are in losses..

I'm currently holding Petronm, hengyuan, astino, mikromb, Gkent, hevea, luxchem, superlon, padini and comfort.

I'm most uncomfortable holding astino cos it's now in 15% paper loss.

Others like petronm, hengyuan and Gkent are close to my entry price.

These stocks can hold for long term or not ah?

Now i get what u mean haha.. true true. Makes sense.

Imo u hold too many stocks liao brother. When u ask the question of these stocks can hold long term or not ah means u sudah suicide liao ma.

Now search Google for position sizing and profit expectancy.....

this one mathematics eh boon.

i am very weak in maths, basically from what i read is probability and expectancy.

r u using this calculations when u trade ur stock? i find it quite robotic as we follow the formula, etc.

Lol.

It's all about understanding the very important concept... ie keep winners big and losses small.

Some of the blogs written on this isn't that difficult to understand leh.....

Padini breached 4.00 today

Maybe because Padini announces registration in Cambodia?
http://www.thestar.com.my/business/busines...on-in-cambodia/



This post has been edited by Coup De Grace: Aug 14 2017, 04:48 PM

Hello all.. Been super busy lately with my new posting. Glad to be back in Malaysia..

Update on my previous recom.

Superln - doing very well,my best stock for this year.
Scicom - not doing very well.. results ok
OKA & comfort - doing OK

Still have not sold any stocks yet... maybe because of busy?

Stocks added.. loaded on some really cheap rights for Hektar at bargain price, already applied for rights issue.

Need more time to find gems..

This post has been edited by gark: Aug 16 2017, 09:50 AM

How much......

How much what?

How much you miss me lo....

Hahaha .. lots..

IMO diversify is good for noob like me la.. at least for now.. at least my returns will be moderate.. if I keep a concentrated portfolio, I might end up with high returns if I'm lucky.. if I'm not, I might even lose my pants.. I would keep a more concentrated portfolio only when I master the art of trading..

This always 'sound' logical but ... I am telling you this ain't so.

Diversifying will never make it safer. When shit happens, like a crash, they will all die... well ... some of the better ones... they just die less or recover faster.

And then ... when carries more different stocks... the tendency is that sooner and not later, they will most likely to carry the big G - the goreng stocks... and because of the noob factor...the cutting loss is an art they could never master... and in most failure cases....all it takes is ONE NASTY BAD GORENG STOCK that goes badly wrong . And when this happens....tbe portfolio will turn in huge mega losses.

And I will say this.... it's never how many stocks you carry... most important is you carry the right one.

And when you carry less different stocks...you force yourself to be damn bloody correct....this is something which I have seen many with multi stocks in their portfolio will fail to do. Most of the time...they carry more just cos of the theory... they carry stocks to fullfil their die hard gambling blood.. they carry more cos they think one bad stock selection is ok. Cos they think the other stocks can take care of one or two lousy picks...

And so on and so on.....

Ps this issue is subjective. It's always ok for you to disagree.

All you need to do is send Gark to kowtim me.

The more I hesitate, the higher it is going. Dow jones looking good at the moment too. If tmr above RM1.10 still can go in ah?

Or is this just the start of an uptrend? Looking at CCK's profit and revenue for the past 10 years, looks to be a solid company. Slow and steady growth with consistent returns.



twhong_91 Any plans on reentering?

i tengok chart it look like ada power to go lagi..turbo belum lag..

of course luck is a little extra bonus in this market as the market was quite good this first half of 2017 but a too diversified portfolio might end up you only getting a smaller returns compared to a more concentrated portfolio, but this is just my pure view after following boon for few years.

i still remember that i used to have a portfolio of 6 to 7 shares but the return was not too good, and it looks like you are managing a fund. in this case, why not you consider investing in unit trust? right?

agree on this

i am not a very good chartist like boon, maybe he can comment further? but the chart does look very good at the moment.

cck is a very good company, just like CAB but it is in east malaysia. tai kor of jiken in sarawak.

what do u think about its coming QR?

i am looking to re-enter as well

Looking to re-enter?

Lol

You should have just sit tight on your first entry....



The chart? From day one, I have said that things are looking good....

Having said that....me no like trading chicken stocks hor...so if things go bad....

if not mistaken Public invest and CIMB write CCK about right.

i see indicator show me still can up wor..
unless there is special event cause it sell down