wah u summon me, got tipsy or not.

Only KLSE is in bad shape while worldwide looking fine

If u buy dom dom then u untung a lot liao

Bored mah plus I saw your hamsap thing got touch 61 sen the other day.


Nah.. I don't trade just cos of the chart. Cannot seem to get comfortable with such trading.

Eh? The klse chart already showed decoupling for quite some time already mah. So I am not surprised with what's happening.

hamsap thing

this year is certainly better than last year, especially after election.

Are you really, really sure you no miss me?

walao weh u

Hidden message la wei




Terror la you.

I wanna cry liao



This post has been edited by yhtan: Apr 22 2019, 11:32 AM

Nice win streak! Trading like big laupan la :thumbs%

Well done! Keep it up and keep your feet on the ground.

better ride it fast and recoup back the losses

I cannot ride such fast game la.

There was a lot of opportunities recently. Take MyEg. Could one not gotten a good profit? Follow Dali on this one and one could ride one sexy horse for a hamsum profit..... no need ride so fast.. He he he... Ya.. Must kacau u

now i'm riding on iwcity

Man who rides too many horses soon have much pain in butt.

a man has to take risk in order to earn

but play within your means lah, not sailang

klse is a joke.... when you thought FA and TA are the main factors but some counters will just slap you right on the face and tell you, 'Think again'.

This post has been edited by exdtan: Apr 25 2019, 12:44 AM

Well it's so true that very few will make money from stocks. Many lose a fortune. Many die trying many different strategies. That is why you need to paper trade for many years before you start playing with real money.

The wise know when to quit...

Good day. I'm following this thread on and off and regarding on boon advice on paper trade.

Yes I agree we need to do practice 1st before we go into the battlewar.

However I feel that if we place money in FD or money market (so called in unit trust terms), we are actually losing money due to inflation.

So while do paper trading, I also probably suggest to buy some blue chip shares like maybank, digi, pchem, top glove and tenaga. These stocks have been delivering steady operating profit and have support from EPF and many institutions. This will prevent us from missing the potential uptrend wave. Of cause there will still be risk but better off rather than putting into FD

After comfortable then only start trading. I'm also Learning but I'm being a very passive 'trader'

Inflation nowadays is quite low. (Negative even)
Money Market yields around 3.45%.

Thanks for sharing your opinions.

Just for your information, regarding missing out. It's a non issue for me. I will never ever buy a stock just cos fear of missing out. That's just me. Whatever single trade I make, the reasons to buy must exist.

I would like to suggest something for you.

Try test out this theory first.

So you have those few suggested stocks.

1. Back test.
Look at the 6 months chart. Assuming one bought 6 months ago... how?

2. Paper test based on current prices. Yes, mark down the current prices you would buy these stocks. Wait 6 months then analyse the results.

How? Would this be a sound idea?

ps Blue chips can be steady but they can also fall one...

Hello. I would like to focus on another aspect of your post which is rather interesting, imo...

So the general idea is that if there is a big hand in the stock, then there should be good support for the stock, yes? It's like a no brainer statement but how exactly true is this statement? For me, whenever I read about any idea, I usually check it out myself. Let's have a simple test on that idea. Wouldn't that be logical?

So for my test, I would ASSUME I bought the stock about a year ago and then compared it versus the current price.

Would that be a fair test parameter?

Well I then randomly took 2 of the stocks you mentioned.

1. Maybank, well that's the biggest in the country. So support should be there, yes?

Here's the one year chart.



So assuming one bought at 10.00 a year ago, compare it with current prices now.

2. Next Tenaga. Biggest utility in the country.

Again, the one year chart.



Now assuming one purchased Tenaga at 15.00 a year ago, compare it with current prices now...


How?

I randomly took 2 stocks and back tested it based on a year chart and the chart showed that we cannot simply buy at any price based on the assumption that big funds like EPF will support the stock...

And it also clearly showed one should not buy stocks based on fearing our money will shrink due to inflation. A bad stock choice could result in losses more than what we fear our money would shrink due to inflation...

What say you?




*ps this post is not to say I am right or what not but to share what I will do when I read about ideas about the market*

This post has been edited by Boon3: Apr 26 2019, 09:05 AM