Oh period come liao

gark still using TA for your stocks?

tomypak different than muda/boxpak?

FLB huge volume breakout of 1.78 previously turned out to trap traders.... zzzz

Edit: I think it got to do with some error on share buy back from director and the next day amended announcement was sold instead of bought.

This post has been edited by hehe86: Aug 23 2017, 09:19 AM

Hey guys, wanna get some opinion in one of my loss trade.



Stock was Mitra. Entered at black arrow because it broke consolidation with considerable volume on blue circle (it then retraced, didn't move lower, and move back up and that's where my entry was). Red line was my cut loss price. Yellow highlighted area then was a 5 cents divvy ex. So i also chose to move my stop loss 5 cents lower. Then Mitra announced it's not so good quarter report yesterday after market, and today it gapped down way past my SL price.

Would like to get some insight on where could i improve on this trade. And for cases where a stock gap down way past my SL (normally due to qtr report announcement/news), usually the best course of action i could take is cut as fast as possible ya?

This post has been edited by hehe86: Aug 29 2017, 03:02 PM

haha

I think pwroot kua, suddenly gap up yo

watching MAGNI today, makes me thing that sometimes SL/TSL hard to do in bursa...

DowJones HSI making new high... hmm...

Wait for retracement, resistance turn support?

reits made some interesting move on their prev trading days eh.

Boon3 Boss, then i guess u dun use 2% risk rule? Some ppl debunk the 2% rule.

Bila mau goreng, apa pun boleh goreng ma

I think another example that fits do not let chart use you and anticipated of better QR would be Zhulian. Went back to 2.xx before 25/01/2018....

Haha. There's even a thing call Sentiment analysis, babypips that can defies FA/TA

eh this year tak nampak the feng shui charts

Sentimental, Fundamental, Technical analysis campur semua sama dia

The urge to buy previous darling stocks at a discount price is sometimes quite strong. Time to time really need to control oneself from these urges and emotions (FOMO, Greed). Is quite easy to switch from a trader to a 'investor' too.

Jesse's book of How To Trade in Stocks is a good read too

These few days of rebound, a heavy sell down + bullish harami setup? Can be seen in a few counters, lol