Hahaha... yes, those self created SECRET formulas.... been there done that.
Done so much testing, just couldn't get the results I wanted. Realised that such trading just wasn't for me.
All my screeners were just so dependent on charts itself, I just coudn't get comfortable with it.
So I stopped using almost a loooong time ago.

GL

Well, everyone is filthty rich if it is this easy.

I believe there is a misunderstanding. It was more because of me. Such trading wasn't for me and I wasn't saying it doesn't work.

I am one who believes we play the market to the best of our own capabilities. It's like, if I can't trade the shorter time frames, well it's best I acknowledge this fact and not die trying...

Oh wait, this is Trader's Corner.

Back to chart shall we 

Inari.

That's the 4th consecutive quarter of shitty earnings. Price to earnings still high...

Big lesson isn't it? Don't ever fall in love with past big buggers. What used to be good, well the big key words are USED TO BE. The growth story is long gone... so should the stock still deserve such high valuations?

Wise up yo!

I think almost all IT stocks have high P/Es. Most even MI equipment have P/E>15.

Yes. Their EPS fell even after taking into account the bonus issue. EPS this quarter was 1.2 when it should be 1.8.

Nevertheless, I think I might average down at RM0.99 (P/E 15), RM0.93 (P/E 14) and below...

Tidur ah?
ps: still looking for my second trade.....

Or a better question, how do you interpret pivotal point of a stock given a scenario? And more importantly, is that anyway to confirm the particular point is not a fake but a correct pivotal point?

Yeah most earnings are not improving....

Isn't it a good time to identify those "resilient" counter ? 

The strong will survive....

Can someone tell me a good broker from the UK?

I think you would be interested to see the information bolt-fx.com broker where you will find answers to all your questions about one of the best UK brokers. BoltFX pays special attention to customer needs and guarantees them confidentiality and security.

Why are you talking to yourself?   

Why are you talking to yourself?   

Some lame person trying to promote their website by pretending to Q&A. Apparently they forgotten to log out their dupe account.

Haha... yes we not eperts lah.... just talking chickens and what nots...

I wanna blow more steam on US imports from China, I mean US the consumer and lets talk from a business perspective ...
With the Trump Tariffs, the Chinese goods are some 20-25% higher (are the figures right?).
I would break it into 2 group buyers, ie manufacturers or end users.

For manufacturers (buyers of chinese raw materials or component parts), the buyers are either...

1. Looking for cheaper alternative...

a. buying from a local source or getting someone to produce locally.

I believe the manufacturers bought from the Chinese cause they were cheaper ... now with this new tariff, would the manufacturers be able to source from US itself? Or can it be produced as cheaply? If can, would someone want set up plant to produce these component parts? (this one is tricky... cos the Americans have to account for the risk of Trump reign as a president and once he is out, will the tariffs stay or be removed?)

b. sourcing from another country.

This is logical but then.... I am left scratching my head.. Trump, proclaimed the trade deficit was too high. So when the manufacturers buy component parts from another country, it's just a shifting of source, as the trade deficit still remain high and in fact, it COULD EVEN END UP HIGHER. For example, say US don't buy from China this component part. The next best source (price) is Turkey. But the Turkish part is say 15% higher (15% still cheaper than the tariff imposed) than the price they used to buy from China. So how would it help reduce the Americans trade deficit?

c. the manufacturers buy like normal but with higher prices.

which means, these American factories would have to bear the higher cost or they pass on the American consumers... either way, not a good picture ...

Some links on the impact on Americans itself...

This US TV manufacturer which relied on Chinese component parts...

https://money.cnn.com/2018/08/08/news/compa...cuts/index.html

Other reading links on how things are felt locally...

https://www.10news.com/news/inside-san-dieg...ng-felt-locally

This car part manufacturer,Magna says they will take the tariff hit... quote ""If the tariffs stay the way they are – and who knows if anything more gets ratcheted up in China – it's about a $60 million a year hit,"

https://www.cnbc.com/2018/08/09/magna-inter...pportunity.html
and the story of Pegasus...

https://www.theguardian.com/business/2018/a...ade-war-with-us

This from post #1584
Anyway back to point b. Sourcing from another country..

So a US company might move its supply chain from China to a country like Mexico...

Companies like GoPro or Hasboro, they shifted some of their supply chain to Mexico.

https://www.nytimes.com/2019/04/05/business...decoupling.html

Then this happened....

https://www.cnbc.com/2019/05/31/surprise-me...nt-chances.html

Key word : How could you trust Duck...