History...

https://money.cnn.com/2016/07/07/news/econo...wley/index.html

So how did your trading go with your ideas?

Made any review of your success/failures?

Repetition of success

Avoidance of mistakes

any RHBBANK trader here?

https://www.bbc.com/news/business-45247000

Today big show SAPRNG.

Tanked big big due to the cash call. Such a big discount on a stock that is losing money so much??? Hantu also sked la.

This should be the best example on why you should not try to bottom fish a stock in an industry downturn. Yes, sometimes such strategy can work big big but when it keeps going down and because one would instinctively buy more due to the value/net worth/30 sen for the dollar factors, the amount one could get burnt is severely more than one could make...

I can still recall so freshly saying not to go in even when the stock hit 3. And even at 2.

And yeah there was a nice rally recently on the stock...



ps. Trump business mindset. So u cut China and u want more made in USA.. But could he ever think that's a possibility that Americans could not produce as cheap, even with the tariff bashed on the China goods? Can he actually think?

Years before US manufactured goods are very expensive due to their high labour, so most of US company shift their manufacturing plant to other "cheap labour" market, which is China.

Thats how and why we can see the word "Designed in California, Made in China" behind every Iphone

Then now they claims all technology/ skilled workers are outside US. In order to make "America Great Again", impose tariff, protect US based manufacturer.

Can we see every Iphone Designed in California, Made in US few years later? Probably the Iphone by then will be more expensive.

This post has been edited by Smurfs: Aug 24 2018, 09:12 PM

In this instance, either the consumers or the corporate will suffer. The consumer pays more for the product while/or the corporate bear the burden of the tariffs. So how tariffs be good for the US?

And expanding more, in this instance, Apple, the consumers overseas will suffer too. Maybe more too. As other countries might impose tariffs on Apple products.

25% here and there... When the actual tariffs kicks in... Everyone will hurt.

So he started the trade war with so many nations...

Now Americans are hurting from what he started....

What does he do?

https://www.cnbc.com/2018/08/27/trump-farm-...ial-relief.html

The market is over-optimistic still.....

Breaking new high.

While for KLSE, index going up. But those small cap reported poor earning slides down, heavily

Small cap earning slides down, so where does institutional fund park their fund? all still goes back to big cap . Ridiculous PE and valuation & optimistic ? no problem. Experienced trader know this and ride all the way only

Yup. Extremely difficult to get a good grip....

And then of course unless if one wants to go for the spectacularly speculative risky cash call play....

Another interesting read.

http://m.startribune.com/as-trade-war-esca...tion/491849511/

http://m.startribune.com/minnesota-s-small...iffs/491948281/

Today is another blood bath day

Meanwhile in China

https://www.business-standard.com/article/i...91100677_1.html

Labour intensive business has started to look for plan B, by moving their manufacturing plant to another country eg Vietnam. More and more product will try not to have the label of "made in China"

The full effect of the Trade War Crisis has not yet been felt.....

Yes, that's correct. As it is, only 50billion tariff is imposed on Chinese goods. Rest is not cast in stone.... yet!

I am not sure about the plan to move plants to other countries as it won't help the US to reduce their trade deficits, furthermore all these relocation of plant will need time to implement...

Worst case... say a company shift their products to Vietnam and once trade figures shows a spike of imported goods from Vietnam, Trump might just whack tariffs on Vietnam too..

Meanwhile watch the USD..

This post has been edited by Boon3: Sep 12 2018, 12:04 PM

Trump wants Iphone to be produced in US

https://www.independent.co.uk/news/world/am...s-a8529641.html

Even with tax incentive, iphone produced in US wont be as cheap as produced in China.

Consumer eventually has to bear the cost.

Exactly.

Does he know or does he not know what he really is doing?