Actually it's very good to be optimistic.

Especially when it comes to setting personal goals...
It's without a doubt that we need to set good, optimistic targets on what we want to achieve in life...

But when it comes to stocks...
being a bit cautious and realistic in our risk assessments is always good.



Take for example, today's top volume penny (what else is new.. ) stock...

The stock is hit hard after an obviously poor set of earnings...

Question is ... should we ever be caught in a situation like this in the first place?
Did we evaluate our risk properly?

Take for example, if we compare the earnings trend vs the stock price trend...



As you can see above, the earnings trend HAD BEEN DOWN for quite sometime already...
meaning to say, yesterday shitty earnings WASN'T UNEXPECTED...

BUT look at the 3 month stock trend on the right of the above screenshot...

The stock used to be trading around 20+ sen...
It was above 44 sen yesterday??

Maybe...

I think most important we learn how to manage our risks.

Yes, there are a few spots of improvement here and there but then the market is pricing them so optimistically....

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

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

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?

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

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/

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

Exactly.

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

Miss me yet?

This article...

https://www.cnbc.com/2018/10/26/china-tarif...months-ago.html

Points 2 & 3... 😥😥

Botak kor kor....

https://www.cnbc.com/2018/11/12/investing-m...ets-stocks.html

... that's what investors look for...


I've started getting busy...