icic.. does that mean you still hold on to the stock you believe to have good prospects even though the chart doesn't say so? No right? There is a possibility of being wrong in our analysis. That would show in the charts... correct ahh?

.... remember these projections are really flimsy back of the envelope or back of the tissue paper numbers.
there must be evidence (eg.. say higher favorable forex numbers) that support your projected numbers....
you cannot simply tembak a number based on say cagr growth of 25% over the next four years where there is nothing in its business economics that suggests it is remotely possible.....

I had always proclaim that one should use chart and not let the godamm blardeeee chart use you...

Don't be slaved to the charts la...
thousands of charts .... hundreds maybe could be traded... but could you trade it profitably each and every single time? (me? I lousy... i ken not. )

charts is like a map for me...
if you are not too comfortable with the proposed journey... don't get on it...
don't trade for the sake of trading...
be selective... be very selective.

and also.....
every single time.......
whenever I make any analysis....
my very first rule....
I am always wrong.

Analysis could always be wrong...
same with chart readings...
and there will be many times when our analysis would beg to defer from our chart readings...
it happens....
how we deal with it?
well.... it depends on each individual case, no?
for me, there is no one rule that fits all....

how we adapt to each situation but most important... how well we manage our risk... that's the key, no?

wah... appreciate the long reply..

there's only one part i don't understand..what do you mean by don't let the charts use you? meaning don't always trust the chart? or do you mean use the chart as a confirmation that your analysis is right?

but i notice quite a number of times, chart will tell you something is fundamentally wrong with the company even before the result is out..

Stock trading 101 by Boon3

The only thing that is constant in stock market is change. Be like water and prepare to adapt to different situation. Past information be it financial figures / charts are PAST, things might have changed like commodities price, interest rate, new competitor coming up, M&A, change in business model etc etc. Try to anticipate what is going to happen in the near future, in a BIG way. Always go for earning, earning is always the BEST catalyst for stock price.

How to manage risk? Position sizing and expectancy

My newbie 2 cent.

Paper trade few more years and you will understand ever so clearly why you do not want to be 'used by the charts.'

Ya. It's common but it's never a 100 reliable technical indicator. Some stocks do fall b4 the results are out but their results contradicts the prestock announcement and the stock reverses movement and shoots up after that.

yes, look at dayang, the price gap up the day before the result was announced, the next day go down due to poor qr

Gotta say this....

If a trade is made based solely on the upcoming quarterly result performance, such a trade is so much riskier....

ps : I do think Dayang case is avoidable (though I do see some reasons why some might be caught )

I think another example that fits do not let chart use you and anticipated of better QR would be Zhulian. Went back to 2.xx before 25/01/2018....

neither TA or FA could predict the drop like today

Haha. There's even a thing call Sentiment analysis, babypips that can defies FA/TA

Wah 10K~20K montly, ig can get 30% return in a year is good already using daily chart and swing trading i guess.

to achieve more then that probably need to go into intraday trading d.

Great!! Another sifu here to share his wisdwom..

... many crystal balls might not work also...

same with fung shui charts.....

eh this year tak nampak the feng shui charts

djhenry91 I think got support at 3.27 ...


Attached thumbnail(s)

daily ar..u prepare cutlose la if u r trader..hahaha
PDT sure happy to Shortselling again..
unless u decide sell high buy low

I got some questions, lets say I have some stock and the price is at RM0.10, but I know it will go up to RM0.11 within this month or next month.

Q1. Assuming there's no buyers for now, if I already start selling at RM0.11 I get an early selling queue for that price right?

Q2. Do I still get charged at the end of each day even if I sold 0 lots?

Thanks.

PS:
Is there anyone who does day trading here? If so, what software or broker are you using?

May I know how to calculate intraday charges?

0.1% is on amount sold?