So you are willing to risk all your 'paper profits'?


and you do know paper profits is real? it's real money and it IS YOURS.





Yes, I agree healthcare business is evergreen...
but then...
if I were you...
I would evaluate the current situation.

Current insane profit for the glove makers...
this is their moment in the spotlight...
season in the sun ....

which only happened just because Covid 19 became a worldwide pandemic....


what if Covid 19 ends?
yes, the demand of the gloves will still be there....
but the only difference is the glove makers will not be able to sell at such insane prices anymore....

they won't see customers prepaying their goods anymore...

and then.... you have the capex issue...
TG capex plan is 10 billion over the next 5 years...

Harta announced.... err.... 7 billion... i just saw the news clip popped up (didn't read inside.. )

err... dunno about the others...

and then... yea... all the wanna be glove makers (most will die la in the long run but before they die... they would have caused some serious damages to pricing) ....

yup... price war will happen (yup, the scenario after sars, was price wars due to insane capex by everyone in the industry) .... and prices slumped....



.... blah... blah... blah......


and at end of the day ..... there's a good chance that profits will slump to pre Covid years...

TG now going at around 10 billion profit.
Pre Covid, profits before covid was only 370 million.....

370 million and 10 billion profit heaven and earth...
68 sen and 5.30 share price also heaven and earth...

how?

willing to forgo all your hard earned profit?
remember those profits that you had not taken...
that's real money ...
it IS YOURS already....

think about it...

should you risk it...
just because of the value investing theory?


weigh out the risks....

be the BOSS of your own money dude.



and ya... don't potong because this here is making so much noise at you to potong.....

This post has been edited by Boon3: Mar 11 2021, 01:29 PM

Walaueh.... long sayur list once again.....





Screw one at a time la.....

Remember those vaccination posts i made?

Post #3829

you can see on 12th Jan only 29 million shots were given...

today?



326 million shots!!! 8.35 million doses per day.

and there is some sort of impact already la...

see this chart below...

the US Cases...



Global cases...




yes.... it's still early days yet.... but at such rate.... isn't there a good chance we might win against covid?

Naaaaa......


Bursa is casino.... not pasar...


so if you go casino....

1. Do you have to bet all the time?
2. If there's nothing to bet, why insist on betting?
3. Bet and bet big when you see sure win bet la


no?

good....

better go look for my spiders.......

.... a serious question ....

Well....



as you can see the stock is 'trying' to stage a recovery rally (yup literally a recovery rally as the stock is trying to stage a rally from it's Jan 2021 lows....

and from where we are at now... those lows were around 9.80 and we are now 10.80....
which meant that the train has left the station already....

and if one was to reflect what happened...
that lows were the aftermath of the hope rally in Nov 2020 when a lot of shares like Tenaga went amok...
everything was based on the hope that the world will recover from the Covid...

as you know very well, such rallies are where stocks run way ahead of its earnings potential...

anyway... if based on the chart... if this rally has the legs, well, potentially the stock should at least retest the Nov rally highs....of around 11.50....
err... is there enough meat to justify your bet now, at this moment?


And then Tenaga....

well... if you zoom out.... it's not really a fantastic stock, yes?

Hoiiii!!!!!!

no SIFUs here please.

TQ.

No it isn't a CH.

And the biggest mistake, which often results in so called pattern failures, is when one assume that a pattern will form.

And this is not saying the stock will go up or down.

I'm just saying it's not a cup...

Compare the actual definition of what's a CH. It's googable.

Then compare it to the chart of CIMB.

It's no where close to a CH.

Yeah... you really got to be careful with what you read in forums. There's simply way too much BS comments; comments which are twisted cause they want you to buy what they are buying.

You don't even have to go i3. Go look at the main stock thread. The amount of BS by a couple of bad hats is totally unreal.

Take care.....



Spider time....

My eyes not seeing


Need to send to fix.......





now where did me spider go....

go play wif your own spider.........................

Good for you.


I cannot do trades with such low profits margins.

Based on my paper trades, in the long run, such trading yielded a below par results for me.
Perhaps it's me. I am not good enough making such trades.
Hence, I avoid such trades.


But hey, if you can achieve such results consistently in the long run, well......

This post has been edited by Boon3: Mar 18 2021, 11:15 AM

prophetjul

the math behind it also explains why I avoid such trading in the long run....

Each trade valued at 10k. Each win equals 700.
Out of 100 trades, if I win half of them, ie 50 win trades. All at 7%.
50 trades each win 7%.
Total wins = 35k.

Out of 50 losses.
If manage to cap 25 losses capped at 5%. ie 500 loss per trade.
Total losses = 12.5k.

Cap 15 losses at 10%. ie 1k loss per trade.
Total losses = 15k

And unfortunately 10 losses at 15%. ie 1.5k per trade
Total losses = 15k

.... so out of 100 ... i will end up losing money. cos total losses = 42.5k vs total profit of 35k.


Capping the losses.... ok, if can better it, eliminate those 15% losses....

Out of 50 losses, 25 losses capped at 5%. Total losses = 12.5k.
25 losses capped at 10%. Total losses = 25k.

total losses = 37.5k....



** Getting a win rate of more than 50% is not easy....
** Capping losses. Not easy. We can say up front, we want 5% cut loss or 6% cut loss but it's not easy to execute... there will always exist slippage (ie that 5% easily becomes 10%), it happens.



but that's me...
I tried....
based on my paper trade records, I can NOT survive on such trading.

I believe trading doesn't need to be wild punting.

If that's your sweet spot, why not?

Watch the volume during that period.....

Did watch it during the said period....

Buy/Sell bid wasn't to my liking. Too small.