Superman .... this was taken few mins ago....



if momentum picks up .... you can see the assumption on where it could be heading....

I really got to say I made this mistake too. Failed to look at the fact that it has warrants....


ARBB is the one example...
it has tons and tons of PA shares ... which is in the money too...
hence.... the stock movement is always for me......

I ask the coconut fella first....

.... for me .... I take the PASS card.

too new a stock ... and too much going on .... don't even know how to evaluate the risk if I ever take a position.

I asked him to shake the coconuts!! Duh.

Do you have game plan in your investment/trades?

Let's take TG again. As mentioned, if I were to trade it, 6.05 could had been my entry.
Since there was the momentum, I would have eyed an initial 7.50 as my target.
That was the game plan.
But in trading, nothing is ever cast in stone. One must be flexible.
The stock finished too strong. Too fast.... 6.50 was the closing price.

The morning half hour quickly indicated the theme of the day - consolidating that big movement the previous day.

This is where the decision needs to be made, to stay or to go.
If stay, I would have set my exit point at 6.15 and observe how the stock trades the next day (ie today)

Trend reversals is not that easy to trade.
Ideally the stock breaks out the trend line and reverses straights up.
But that rarely happens.
Usually, after the breakout, it quickly consolidates. Sometimes, even after consolidation, it reverts back lower. Sometimes after a brief consolidation, the stock slowly moves higher.

Anything can always happen in the market.

Have a game plan but always be flexible. Yea, easier said than done. Cause if too flexible, one is nothing but an in-and-out player and based on averages, such style doesn't win in the long run.




and oh.... buying correctly solves most problems....



This post has been edited by Boon3: Jan 12 2021, 08:37 AM

Here's a recent example...

there was a declining trend line seen for MI.

After breaking out of the trend line .... it quickly moves higher but then .... it turns back lower ....




yup... not easy to trade such setups.

Unfortunately, MI was the scapegoat .....

Yeah... I wouldn't rule out the possibility out have mentioned.

This is an interesting stuff that popped up on my newsfeed...

https://www.bloomberg.com/graphics/covid-va...l-distribution/




this part ....... mana Msia?







I said it b4.... these are already the first baby steps taken....

hmm..... these shots, it won't be a 100% success but just imagine.... what if ..... it's a simple 50% success rate?



This post has been edited by Boon3: Jan 12 2021, 09:36 AM

Missing my old life .....

Nice way to put it....

Market seeing a knee jerk reaction to this.......

This post has been edited by Boon3: Jan 12 2021, 10:00 AM

ChAOoz not buying?

only thing that's difference is no snap election.

and this is an outright 'fight' against c19.

not too bad, what.

Dun worry... nothing for me so far either.

Strength in a weak market ....

This one also you got?




Well... see the price on those charts... 4.00 ....

IF I was itchy for a trade, I would have jump at it



p/s this is what I call ... looking for strength in a down market.

p/s stay focus ... eyes on the ball.

when the agung came out, that knee jerk reaction ... that was an opportunity .... no?

yes... of course such trades usually ends up short....



If long game? LOL! You sure you want my comments on this sector?

I am aware.

Would you buy at 4?

then.... would you have added MI?

Frt go up but MI no go.... how can?

all use value meh? use some ta ma

I got neck sore ......