BWC
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 Mar 6 2017, 10:49 AM, updated 4y ago
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#1
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All Stars
15,942 posts Joined: Jun 2008 
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 Fundamental talks about companies is welcomed but if you wanna talk investing, please use the other thread. TQVM  Before you begin trading, I advice you to paper trade until you are totally comfortable with your setups. Charts posted in this thread is for general chit-chat only. DO NOT SIMPLY FOLLOW!!! This post has been edited by Boon3: Jan 11 2021, 12:30 PM |
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Mar 6 2017, 10:50 AM
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#2
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All Stars
15,942 posts Joined: Jun 2008
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gark
hehehe... do new thread.... since I see the possibility of you becoming a terror trader.  The other day I posted this to you..... QUOTE(Boon3 @ Feb 27 2017, 01:37 PM) Lol. I realise this morning that I should update that posting after realising that my view is not that complete.Also kinda correct.  Stock consolidating at the top.... this is after a super solid stock run over the years... It's now trading in a range.... Uncertainties.... Which is why...vol low Reflect to the fundamentals... Profits has been on a tear...yes? Super duper power.... But notice... last 2 quarters... The growth not like last time... not so geng.... Which if i reflect back to the charts.... It kinda make sense why the stock... like dunno whether it wanna up or down....  Here's the zoom in chart and I realise that this is clearing a ascending triangle chart.  And the zoom out view.  Ascending triangles are generally bullish  but it's not a 100% fail proof setup. On instances, such charts can break down instead of breaking up...  .... time to pay attention hor...  |
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Mar 6 2017, 11:02 AM
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#3
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh  
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Yes!
Keep it up! More chart pattern image pls  Full blooded trader here |
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Mar 6 2017, 11:06 AM
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#4
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Junior Member
182 posts Joined: May 2015 From: Malaysia
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how much money need to invest to get return monthly 10k or 20k
where & what to invest ? |
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Mar 6 2017, 11:21 AM
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#5
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 6 2017, 10:50 AM) gark Lol.. am I a trader now? And a new thread... so this one is only for posting charts and stuff right?hehehe... do new thread.... since I see the possibility of you becoming a terror trader. The other day I posted this to you..... I realise this morning that I should update that posting after realising that my view is not that complete. Yes I see the chart as very bullish, but it all depends on next Q report, report a better Q the chart will hit upwards but if report a poorer Q, the chart will break downwards. See TA need FA support as well. Current plus will be USD impact, as the company sells mostly in USD outside of MY and export has been growing. Also they are expected to increase production by 30% in 1Q2017 with a new building. Negative will be current nitrile rubber prices will be going up since oil prices and commodities are up, so potential loss of margin there.  |
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Mar 6 2017, 11:23 AM
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#6
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(donfutsal @ Mar 6 2017, 11:06 AM) how much money need to invest to get return monthly 10k or 20k Consistent monthly return of 10-20K? try 2.4 million to 4.8 million... where & what to invest ? This post has been edited by gark: Mar 6 2017, 11:23 AM |
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Mar 6 2017, 11:29 AM
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#7
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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Another stock of mine.. no movement.
The chart pattern is the same... except this one already know the results.  Good profit and dividend as well..  Some stocks are just not well liked...  Pro : USD income counter for business process outsourcing, government contract to process foreign students. Negative : MSC status (70% tax free) going to expire in 2018, but have made another new company with MSC status. This post has been edited by gark: Mar 6 2017, 11:31 AM |
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Mar 6 2017, 11:31 AM
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#8
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Junior Member
182 posts Joined: May 2015 From: Malaysia
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QUOTE(gark @ Mar 6 2017, 11:23 AM) Consistent monthly return of 10-20K? try 2.4 million to 4.8 million... oku forgot where to invest ? |
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Mar 6 2017, 11:32 AM
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#9
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(donfutsal @ Mar 6 2017, 11:31 AM) ok Many places.. 100's of options out there, stock market, UT, bonds.. take your pick. u forgot where to invest ? Anyway this kind of talk belongs to /k rather than stock market. Decide on what you want to do first rather than daydreaming. This post has been edited by gark: Mar 6 2017, 11:39 AM |
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Mar 6 2017, 12:02 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 11:21 AM) Lol.. am I a trader now? And a new thread... so this one is only for posting charts and stuff right? You did mentioned that you want to add up...Yes I see the chart as very bullish, but it all depends on next Q report, report a better Q the chart will hit upwards but if report a poorer Q, the chart will break downwards. See TA need FA support as well. Current plus will be USD impact, as the company sells mostly in USD outside of MY and export has been growing. Also they are expected to increase production by 30% in 1Q2017 with a new building. Negative will be current nitrile rubber prices will be going up since oil prices and commodities are up, so potential loss of margin there. You did, right? I got Elelphant virus one la.... Anyway...given such a scenario... How would you add up? Buy half more? See I also got ingat.... You said your cost low..... So this is what I will do... For buying more... I wait for Q report... If i really kena seduced... Then.... 1) chase the damn breakout 2) let it breakout, then only add up when stock consolidates How many shares buy....? For your case, since cost is low.... The number of new shares to be bought SHOULD NOT increase the new cost by .... 25%. * I might use 25% here la...since cost low and also drpends on how aggresive I want... * normally mine is 10% Your say? This post has been edited by Boon3: Mar 6 2017, 12:02 PM |
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Mar 6 2017, 12:04 PM
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All Stars
15,942 posts Joined: Jun 2008
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* and if it breaks down with volume....
Cabut la the 248. |
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Mar 6 2017, 12:06 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 6 2017, 11:02 AM) Yes! You also can post images what.... Keep it up! More chart pattern image pls Full blooded trader here |
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Mar 6 2017, 12:09 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 6 2017, 12:02 PM) You did mentioned that you want to add up... Haha too late, added recently.. buy up. You did, right? I got Elelphant virus one la.... Anyway...given such a scenario... How would you add up? Buy half more? See I also got ingat.... You said your cost low..... So this is what I will do... For buying more... I wait for Q report... If i really kena seduced... Then.... 1) chase the damn breakout 2) let it breakout, then only add up when stock consolidates How many shares buy....? For your case, since cost is low.... The number of new shares to be bought SHOULD NOT increase the new cost by .... 25%. * I might use 25% here la...since cost low and also drpends on how aggresive I want... * normally mine is 10% Your say?  Cost increase is not too much, as I buy only 25% of holding amount.Now hope next Q report becomes better. Anyway, nitrile prices just start to spike in Dec/Jan.. so should not affect the next Q report too much. We need to see rubber glove companies (Harta) earnings as a proxy to Superln as they use the same raw materials and USD selling price. Latest report seems like it is still holding up quite well. Since harta always report 1 month earlier than superln.. this can be an earnings clue. QUOTE Synthetic latex, the main feedstock to make nitrile medical gloves, has spiked in price by more than 55 per cent to US$1,490 per tonne from US$946 per tonne in Sept 2016. This post has been edited by gark: Mar 6 2017, 12:15 PM |
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Mar 6 2017, 12:10 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 11:29 AM) Another stock of mine.. no movement. Who say got no movement? The chart pattern is the same... except this one already know the results. Good profit and dividend as well.. Some stocks are just not well liked... Pro : USD income counter for business process outsourcing, government contract to process foreign students. Negative : MSC status (70% tax free) going to expire in 2018, but have made another new company with MSC status. Blardee drama queen... Currently a new uptrend had been formed... And such uptrend ... They tend to continue for quite some time.... Looking good la.... |
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Mar 6 2017, 12:12 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 6 2017, 12:10 PM) Who say got no movement? Very little movement leh.. up 1 cent , 1 cent like dat Blardee drama queen... Currently a new uptrend had been formed... And such uptrend ... They tend to continue for quite some time.... Looking good la....  and volume quite dry.For those who buy in early 2016 until now have not break even, although earnings up a lot. Edit: Also buy up more .. after the recent Q report.. This post has been edited by gark: Mar 6 2017, 12:17 PM |
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Mar 6 2017, 12:20 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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Another stock catching my attention.. penta.
Sells machine for IC fab... and with the recent super expansion of the IC fab in Malaysia.. the sales of machines has gone through the roof. This trend likely to continue as long as IC fab is making more money (Insas, Gtronic etc) Sorry have not attached the chart.. lazy. |
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Mar 6 2017, 12:21 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(gark @ Mar 6 2017, 01:20 PM) Another stock catching my attention.. penta. Yes. Good sector now. Penta and Insas also among In My shortlistSells machine for IC fab... and with the recent super expansion of the IC fab in Malaysia.. the sales of machines has gone through the roof. This trend likely to continue as long as IC fab is making more money (Insas, Gtronic etc) Sorry have not attached the chart.. lazy. My shortlist also is chart 1st. Funda mental 2nd. |
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Mar 6 2017, 12:27 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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brand new thread ar..talking about technical ok maa
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Mar 6 2017, 04:08 PM
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#19
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Junior Member
284 posts Joined: Nov 2016
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How does this mitra chart looks?
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Mar 6 2017, 04:12 PM
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Junior Member
429 posts Joined: May 2015
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complicated chart..
i not sure how to look on it.. quite new as a trader.. |
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Mar 6 2017, 04:19 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 12:12 PM) Very little movement leh.. up 1 cent , 1 cent like dat Drama Queen. and volume quite dry.For those who buy in early 2016 until now have not break even, although earnings up a lot. Edit: Also buy up more .. after the recent Q report.. Harloo... see the 3 month chart. Damn sui sui...   |
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Mar 6 2017, 04:22 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 6 2017, 12:21 PM) Yes. Good sector now. Penta and Insas also among In My shortlist My shortlist also is chart 1st. Funda mental 2nd. Got one word to say about Insas. It's a holding company, hence it's not easy meat. Your luck for porridge or abalone porridge depends on the owners (who, in this case, has shown a tendency to be rather stingy with the share price despite its RNAV valuations)  |
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Mar 6 2017, 04:23 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 6 2017, 12:27 PM) brand new thread ar..talking about technical ok maa Aiyoooo... tailooo.... come come... post a chart or two or do some ayam talking |
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Mar 6 2017, 04:30 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(Coup De Grace @ Mar 6 2017, 04:08 PM) How does this mitra chart looks? It has recovered from its recent down channel...
and currently it's doing a side-way cha-cha.. and the side range doesn't look too enticing....  If I was watching this one.. I would rather prefer to let the market lead the direction...ie.. let the market which direction it wants to breakout... |
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Mar 6 2017, 04:32 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 6 2017, 04:19 PM) Drama Queen. 3 month only up 10 sen.. u say sui ah? Harloo... see the 3 month chart. Damn sui sui... I say too slow.. » Click to show Spoiler - click again to hide... « This post has been edited by gark: Mar 6 2017, 04:33 PM |
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Mar 6 2017, 04:40 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 04:32 PM) 3 month only up 10 sen.. u say sui ah? *cough* *cough*I say too slow.. » Click to show Spoiler - click again to hide... « Ah Max looking at Insas. Ahem... you still have?  Actually the charts....   I think if you gatal.... buy higher la....watch 88 seen la... |
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Mar 6 2017, 04:42 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(Boon3 @ Mar 6 2017, 05:40 PM) *cough* *cough* Tunggu break itu upper rsistance line la...Ah Max looking at Insas. Ahem... you still have? Actually the charts.... I think if you gatal.... buy higher la....watch 88 seen la... Inly a matter of time..... Oversold volume thinning down.... Classic breakout from downward channel la ni 🤤 |
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Mar 6 2017, 04:46 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 6 2017, 04:40 PM) *cough* *cough* Still got some... sold off majority at 1.20. Ah Max looking at Insas. Ahem... you still have? Actually the charts.... I think if you gatal.... buy higher la....watch 88 seen la...  However other than NTA, there is no other catalyst for the stock to go higher. Have to wait a long time to unlock the money inside. Classic value trap:lol: Only way is to wait for the owner to KO only... 70+.. not long mah..  This post has been edited by gark: Mar 6 2017, 04:49 PM |
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Mar 6 2017, 04:50 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 6 2017, 04:42 PM) Tunggu break itu upper rsistance line la... I saw.Inly a matter of time..... Oversold volume thinning down.... Classic breakout from downward channel la ni 🤤  |
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Mar 6 2017, 04:51 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 04:46 PM) Still got some... sold off majority at 1.20. Fooooooooo !!! However other than NTA, there is no other catalyst for the stock to go higher. Have to wait a long time to unlock the money inside. Classic value trap:lol: Only way is to wait for the owner to KO only... 70+.. not long mah.. Ini macam meh? Sometimes 70+ can go 90+ leh.... How? |
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Mar 6 2017, 04:53 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 6 2017, 04:51 PM) Fooooooooo !!! Another one at 80+.. MUI bhd.. going to divorce soon also, divide property.. .. Ini macam meh? Sometimes 70+ can go 90+ leh.... How? That one also a lot of hidden assets.. This post has been edited by gark: Mar 6 2017, 04:55 PM |
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Mar 6 2017, 04:54 PM
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All Stars
15,942 posts Joined: Jun 2008
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Have to say this hor .... (since I am posting quite a few charts here and there)
Dear stalkers/silent readers... I post charts for chatting only... If you buy just cos of the charts.... and you lose money.... please look for Gark. |
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Mar 6 2017, 04:56 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 6 2017, 04:54 PM) Have to say this hor .... (since I am posting quite a few charts here and there) Hahaha.. no dont look for me.. Dear stalkers/silent readers... I post charts for chatting only... If you buy just cos of the charts.... and you lose money.... please look for Gark. I hereby declare ALL the charts here is HOLLAND charts.. all sure RUGI and bring you to holland. So invest if you want a one way ticket to holland.  |
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Mar 6 2017, 05:00 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(Boon3 @ Mar 6 2017, 05:54 PM) Have to say this hor .... (since I am posting quite a few charts here and there) good la awal2 warning.Dear stalkers/silent readers... I post charts for chatting only... If you buy just cos of the charts.... and you lose money.... please look for Gark. Later become like i3 forum a lot of salty ppl kena burn follow blindly keep on stalking those giving advice hound them down lol 😅 |
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Mar 6 2017, 05:03 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 6 2017, 04:23 PM) Aiyoooo... tailooo.... come come... post a chart or two or do some ayam talking i post chart u explain can ar.. |
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Mar 6 2017, 05:05 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(djhenry91 @ Mar 6 2017, 05:03 PM) i post chart u explain can ar.. Can... Ah Boon is one stop service for chart analysis... |
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Mar 6 2017, 05:13 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 05:05 PM) Can... Ah Boon is one stop service for chart analysis... .... and this is how one gets used by the chart...ie. trading a stock that he/she wasn't really interested in.... until the damn chart started flashing some skin... |
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Mar 6 2017, 05:38 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 6 2017, 05:03 PM) i post chart u explain can ar..  .... still waiting for the sexy chart...... |
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Mar 6 2017, 05:50 PM
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Senior Member
8,650 posts Joined: Sep 2005 From: lolyat
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I saw tipsy and say hi to ah boon
Insas has a big cup and waiting for handle |
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Mar 6 2017, 05:56 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(Boon3 @ Mar 6 2017, 05:38 PM) .... still waiting for the sexy chart......
Boleh ka? |
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Mar 6 2017, 06:19 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(yhtan @ Mar 6 2017, 05:50 PM) I saw tipsy and say hi to ah boon KNS!!!Insas has a big cup and waiting for handle QUOTE(Boon3 @ Mar 6 2017, 04:54 PM) Have to say this hor .... (since I am posting quite a few charts here and there) Dear stalkers/silent readers... I post charts for chatting only... If you buy just cos of the charts.... and you lose money.... please look for Gark. That chart... Draw also need to draw out of the wall meh? |
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Mar 6 2017, 06:22 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(CP88 @ Mar 6 2017, 05:56 PM)
Boleh ka? Sure rain.... first contributing post from CP!!! Ooops.... too late... started pouring rain liao! Errr... sharp reversal today ... just before the close. * I suspect the coming numbers should be awsome... * this chart is damn under *cruise control* * if not in.... do you and can you contain the risk? |
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Mar 6 2017, 06:26 PM
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Senior Member
1,842 posts Joined: Jan 2003 
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QUOTE(Boon3 @ Mar 6 2017, 12:10 PM) Who say got no movement? Haha. I think so also. It's on the uptrend. Just very slow..Have to be cautious. IMOBlardee drama queen... Currently a new uptrend had been formed... And such uptrend ... They tend to continue for quite some time.... Looking good la.... |
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Mar 6 2017, 06:28 PM
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Senior Member
1,842 posts Joined: Jan 2003
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I'm looking at BJ Corps now. Looks quite active recently. What do you think??
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Mar 6 2017, 06:34 PM
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#45
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 6 2017, 05:38 PM) .... still waiting for the sexy chart...... |
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Mar 6 2017, 06:40 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(knight @ Mar 6 2017, 06:28 PM) I'm looking at BJ Corps now. Looks quite active recently. What do you think?? Post chart.. this thread only discuss chart. |
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Mar 6 2017, 06:44 PM
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#47
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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ini gadang can go up ar |
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Mar 6 2017, 06:56 PM
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Senior Member
1,842 posts Joined: Jan 2003
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QUOTE(gark @ Mar 6 2017, 06:40 PM) Post chart.. this thread only discuss chart. Oh..Ok. Abit mafan post. Haha. Here it is. I think it could be on the up trend. 
This post has been edited by knight: Mar 6 2017, 06:57 PM |
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Mar 6 2017, 07:00 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(knight @ Mar 6 2017, 07:56 PM) Oh..Ok. Abit mafan post. Haha. Here it is. I think it could be on the up trend. Wow.....3rd wave rally about to explode 😳👀
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Mar 6 2017, 07:02 PM
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Senior Member
1,842 posts Joined: Jan 2003
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QUOTE(max_cavalera @ Mar 6 2017, 07:00 PM) Wow.....3rd wave rally about to explode 😳👀 I think previous investor let go some of their stock. But I think it would still go up. What do you think? |
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Mar 6 2017, 07:05 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(knight @ Mar 6 2017, 08:02 PM) I think previous investor let go some of their stock. But I think it would still go up. What do you think? I think 70% will up....Go wiki elliot wave theory... Graph looks like can apply a bit of this theory... But before enter set mental stop loss also.... I would place this stop loss at previous high 1st wave rally.... This post has been edited by max_cavalera: Mar 6 2017, 07:09 PM |
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Mar 6 2017, 07:05 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(CP88 @ Mar 6 2017, 05:56 PM)
Boleh ka?   * Based on my personal track record ... such movements tends to be scary... plus I am NOT SMART enuf * |
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Mar 6 2017, 07:07 PM
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Senior Member
1,842 posts Joined: Jan 2003
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QUOTE(Boon3 @ Mar 6 2017, 07:05 PM) The sharp reversal near end of the trading day.... around 4.30 Wow. What software is that u using??* Based on my personal track record ... such movements tends to be scary... plus I am NOT SMART enuf * |
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Mar 6 2017, 07:07 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(Boon3 @ Mar 6 2017, 08:05 PM) The sharp reversal near end of the trading day.... around 4.30 Fuuu this counter memang susah budget one...* Based on my personal track record ... such movements tends to be scary... plus I am NOT SMART enuf * I kena burn badly before get greedy and chase when the price tops at 0.485 previously...few day after that can drop until 0.43x something lol 😅 But luckly i enter ifca super bull rally cover back all my loses |
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Mar 6 2017, 07:08 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 06:40 PM) Post chart.. this thread only discuss chart. No need so strict one la... Just don't start all the investment stuff la.... you know... there are as good traders as there are as good investors. there are as lousy traders as there are as lousy investors. |
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Mar 6 2017, 07:08 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(knight @ Mar 6 2017, 08:07 PM) Wow. What software is that u using?? Excel force msc hlebroking punya interface ler |
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Mar 6 2017, 07:08 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(knight @ Mar 6 2017, 07:07 PM) Wow. What software is that u using?? The name is on the first chart ya? |
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Mar 6 2017, 07:10 PM
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Senior Member
1,842 posts Joined: Jan 2003
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QUOTE(Boon3 @ Mar 6 2017, 07:08 PM) The name is on the first chart ya? |
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Mar 6 2017, 07:11 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 6 2017, 07:07 PM) Fuuu this counter memang susah budget one... The 40 sen area was the a good pick up for those who missed the initial run.I kena burn badly before get greedy and chase when the price tops at 0.485 previously...few day after that can drop until 0.43x something lol 😅 But luckly i enter ifca super bull rally cover back all my loses BUT yeah.... how it pulled back was  which is why I said... QUOTE * I suspect the coming numbers should be awsome... * this chart is damn under *cruise control* * if not in.... do you and can you contain the risk? As my hero Gurmit used to say.... Dun Pray Pray.... |
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Mar 6 2017, 07:16 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(Boon3 @ Mar 6 2017, 08:11 PM) The 40 sen area was the a good pick up for those who missed the initial run. Ya every counter ada own personality....BUT yeah.... how it pulled back was which is why I said... As my hero Gurmit used to say.... Dun Pray Pray.... This counter slowly going down bit by bit.... But when up time fuh half day also can up kaw2.... Very hard to anticipate this kinda counter.... Macam playing trading with goldprice.... 70%-80% of the time slowly turun turun turun..... Then BOOM!!! Up kaw kaw! Most ppl will lose money playing this kind of setup.... |
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Mar 6 2017, 07:21 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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This chart.. already breakout at 1.60 and never looked back. FA is preety good, supported by international aluminum price trend, which is STILL going up. Not to mention last 2Q got record profits...
FA tells me still slightly undervalue, but TA is scary, blow everything away.. RSI, MACD, 50,200... A bit late to enter? or still got chance? 
» Click to show Spoiler - click again to hide... « This post has been edited by gark: Mar 6 2017, 07:27 PM |
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Mar 6 2017, 07:26 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(gark @ Mar 6 2017, 08:21 PM) This chart.. already breakout at 1.60 and never looked back. FA is preety good, supported by international aluminum price trend, which is STILL going up. Not to mention last 2Q got record profits... Commodity counter usually their rally memang quite long one 😄....FA tells me still slightly undervalue, but TA is scary. A bit late to enter? or still got chance?
» Click to show Spoiler - click again to hide... « But sekali retrace.....fuuu i oso kenot budget when they will resume the uptrend back.... |
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Mar 6 2017, 07:30 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(knight @ Mar 6 2017, 07:10 PM) The second 1. the black colour 1. Same la.hlebroking, Kenanga, Jupiter all same platform. |
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Mar 6 2017, 07:31 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(max_cavalera @ Mar 6 2017, 07:26 PM) Commodity counter usually their rally memang quite long one 😄.... Actually I find commodity counters easy to monitor.. you can more or less predict what the next Q will be.But sekali retrace.....fuuu i oso kenot budget when they will resume the uptrend back.... Only 2 things need monitor, USD and commodity price. In this chart it tells me that the next Q (Jan-Mar 2017, Q report in May) will have fantastic results.  
This post has been edited by gark: Mar 6 2017, 07:34 PM |
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Mar 6 2017, 07:33 PM
Show posts by this member only | IPv6 | Post
#65
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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CIMB change layout yo..
Attached thumbnail(s) 
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Mar 6 2017, 07:33 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(gark @ Mar 6 2017, 08:31 PM) Actually I find commodity counters easy to monitor.. you can more or less predict what the next Q will be. Ops i lupa ur forte memang is commidty counter one...Only 2 things need monitor, USD and commodity price. In this chart it tells me that the next Q (Jan-Mar 2017) will have fantastic results.
Summore ur job background oso specialize in this 👍🏻😍 Next time i will consult u first if i want to plunge on this sector counter |
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Mar 6 2017, 07:35 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(djhenry91 @ Mar 6 2017, 07:33 PM) CIMB change layout yo.. Apa ini my CIMB still look like old one de..
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Mar 6 2017, 07:41 PM
Show posts by this member only | IPv6 | Post
#68
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(gark @ Mar 6 2017, 07:35 PM) Apa ini my CIMB still look like old one de.. ok la...add in I*Screener and IBillionairegot bahasa cina wor..ahahaha |
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Mar 6 2017, 07:42 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 6 2017, 07:16 PM) Ya every counter ada own personality.... Yup not easy to play.This counter slowly going down bit by bit.... But when up time fuh half day also can up kaw2.... Very hard to anticipate this kinda counter.... Macam playing trading with goldprice.... 70%-80% of the time slowly turun turun turun..... Then BOOM!!! Up kaw kaw! Most ppl will lose money playing this kind of setup.... Probably the best method was to getting in early and sitting tight. |
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Mar 6 2017, 07:44 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 6 2017, 06:44 PM)
ini gadang can go up ar Errr..... later la. |
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Mar 6 2017, 07:46 PM
Show posts by this member only | IPv6 | Post
#71
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 6 2017, 07:44 PM) Hahaha..... this one ah? ok boss..Errr..... later la. |
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Mar 6 2017, 07:47 PM
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Senior Member
1,842 posts Joined: Jan 2003
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QUOTE(Boon3 @ Mar 6 2017, 07:30 PM) Same la. Ohh...Trading platform. My CIMB itrade don't look like this.hlebroking, Kenanga, Jupiter all same platform. |
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Mar 6 2017, 07:48 PM
Show posts by this member only | IPv6 | Post
#73
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(knight @ Mar 6 2017, 07:47 PM) Ohh...Trading platform. My CIMB itrade don't look like this. oh ya..dont forget china broking firm want buy 51% stake of cimb broking firm ya..hahahaau change to itrade 2.1 and play around lo |
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Mar 6 2017, 07:53 PM
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Senior Member
1,842 posts Joined: Jan 2003
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QUOTE(djhenry91 @ Mar 6 2017, 07:33 PM) CIMB change layout yo.. Look so different 1.
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Mar 6 2017, 07:54 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(Boon3 @ Mar 6 2017, 08:42 PM) Yup not easy to play. Ayam dont have investor like patience Probably the best method was to getting in early and sitting tight.  |
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Mar 6 2017, 07:59 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(Boon3 @ Mar 6 2017, 06:22 PM) Fuuuuuyoh!!!! Don't perli la seafood Boon. My paria analysis. Talking bout the numbers, I was given a spin my Padini. Sure rain.... first contributing post from CP!!! Ooops.... too late... started pouring rain liao! Errr... sharp reversal today ... just before the close. * I suspect the coming numbers should be awsome... * this chart is damn under *cruise control* * if not in.... do you and can you contain the risk? The 3 months chart indicates that might be a horrible QR ahead but turns out otherwise. What does it mean by cruise control in chart? Car punya cruise control I know la |
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Mar 6 2017, 08:23 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 6 2017, 07:46 PM) ok boss..  Tricky... I am not sure.... dunno if it can still go up See the stock is closing the previous massive gap down... such stuff.... i always wonder..... how many threw the stock and took losses... how many still holding.... if those still holding, will they turn into stale bulls and decide to throw once they recover their cos or recover most of their losses? Yesterday movement was nice... but such a long candle usually tend to see consolidation one... which is what we saw.... and if it consolidate the next couple of days with smaller volume.... I guess... if you are a risk taker... you might want to take a gamble... But if it was me... I tend to put such stock aside... just watch only la.... * see I am not a risk taker... |
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Mar 6 2017, 08:24 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 07:21 PM) This chart.. already breakout at 1.60 and never looked back. FA is preety good, supported by international aluminum price trend, which is STILL going up. Not to mention last 2Q got record profits... FA tells me still slightly undervalue, but TA is scary, blow everything away.. RSI, MACD, 50,200... A bit late to enter? or still got chance?
» Click to show Spoiler - click again to hide... « pst... this one is in my fake trading. » Click to show Spoiler - click again to hide... « |
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Mar 6 2017, 08:31 PM
Show posts by this member only | IPv6 | Post
#79
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(knight @ Mar 6 2017, 07:53 PM) Look so different 1. go play around la for 2.1 |
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Mar 6 2017, 08:32 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 6 2017, 08:24 PM) pst... this one is in my fake trading. » Click to show Spoiler - click again to hide... « |
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Mar 6 2017, 08:33 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 6 2017, 08:32 PM) Eh eh.. never answer my question I got no answer for everything one... |
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Mar 6 2017, 10:46 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(knight @ Mar 6 2017, 06:28 PM) I'm looking at BJ Corps now. Looks quite active recently. What do you think?? BJ Corp?Immediate term things are looking rosy...  However, if you zoom out...  and further out....  I dunno... do you think that this could finally be the great BJ Corps revival? |
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Mar 7 2017, 12:52 AM
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Senior Member
567 posts Joined: Feb 2006
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QUOTE(Boon3 @ Mar 6 2017, 10:46 PM) BJ Corp? Need to zoom out so many years? Will the performance of the co in past few years affect the future price?Immediate term things are looking rosy... However, if you zoom out... and further out.... I dunno... do you think that this could finally be the great BJ Corps revival? I thought the recent catalyst or bad performance/news are the reason for price movements... hmmm... |
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Mar 7 2017, 05:14 AM
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Newbie
1 posts Joined: Mar 2017
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As Boon3 started off with trading tips, I'd like to add this article to the discussion:
101 day trading tips It's a list of 101 day trading tips meant for beginner to medium level traders. Hope this helps  |
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Mar 7 2017, 06:20 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(Suicidal Guy @ Mar 7 2017, 12:52 AM) Need to zoom out so many years? Will the performance of the co in past few years affect the future price? Many times you don't need to see so far back.I thought the recent catalyst or bad performance/news are the reason for price movements... hmmm... But when you 6 C .... One cannot help but note the deep downtrend of BJ Corp. It was literally rolling down the hill for so many years... which makes the 2nd chart more significant... as it places a massive doubt if BJ Corps can get past the 43 sen resistance... anyway that's how I feel about it... even though as it is, the current immediate outlook is rather bullish.... |
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Mar 7 2017, 04:56 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 6 2017, 12:02 PM) 1) chase the damn breakout 2) let it breakout, then only add up when stock consolidates For no2, if wait for consolidates, the stop loss will be different and the price usually won't be around the breakout price already right? Unless it pullback ya? QUOTE(Boon3 @ Mar 6 2017, 04:54 PM) Have to say this hor .... (since I am posting quite a few charts here and there) I think can put this disclaimer in the first post to avoid any blaming or etc things happenedDear stalkers/silent readers... I post charts for chatting only... If you buy just cos of the charts.... and you lose money.... please look for Gark. p.s: haram after 5 pages only i realize got this new thread =.=" |
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Mar 7 2017, 05:30 PM
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Senior Member
640 posts Joined: Jun 2013
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This thread by invitation only or anyone welcome? Must be expert only or kindergarten level also can join?
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Mar 7 2017, 07:13 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 7 2017, 05:30 PM) This thread by invitation only or anyone welcome? Must be expert only or kindergarten level also can join? Not feeling sarcastic rite now.... So dunno what .......................................... |
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Mar 7 2017, 07:26 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 7 2017, 04:56 PM) Boon, wanna ask for no1, how far do you chase normally? (applies to any breakout stock). And no matter how high one chase, for this stock, the stop loss should be around 2.48 right? 1. Dunno how to reply you.For no2, if wait for consolidates, the stop loss will be different and the price usually won't be around the breakout price already right? Unless it pullback ya? There are so many ways to thread a breakout. Did you try google? 2. You answered yourself, no? Good answer, ya? LOL! Harloo .. Paper trade laaaah. What's wrong with paper trading? Feeling too egoistic? Feeling rich and silly? So rich that you feel like its OK to trade and trade and trade with real money and not giving a care to any possible losses? You wanna be one of those who lost more than 100k in the share market? See.. For 1. ONLY by paper trading, you GET TO DEVELOP your own trading skills, YOUR VERY OWN TRADING EDGE. You will learn which is YOUR BEST OWN PERSONAL method to trade a breakout. And you will learn which method causes you to make the most mistakes. REMEMBER not everyone is the same. MY SKILL SET and yours will be totally different. I can read you how to trade this and that off the books but if those methods do not suit your style of trading, what's the point? Say if my trading is based on a longer time frame, my method of chasing a breakout will be different. If you are a pro daytrader, your method of chasing the breakout will be different too. YOU WILL ONLY DISCOVER WHAT'S YOUR BEST SKILL SET BY PRACTICING VIA FAKE TRADING. and the best part of the exercise... it doesn't cost you a shit load of money when you make a mistake. fyi .... I STILL DO FAKE TRADING. |
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Mar 7 2017, 07:30 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 7 2017, 07:26 PM) fyi .... I STILL DO FAKE TRADING. |
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Mar 7 2017, 07:38 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 7 2017, 07:26 PM) » Click to show Spoiler - click again to hide... « Paper trade or what not, one should be continuously trade with an open mind to learn and may/may not change according to the market lo. But still, i thought my question no1 is a simple question which referring to 'your' method lo. Haha google lain cerita liao ma T_T I also get it if you prefer not to state your method wan ma...  |
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Mar 7 2017, 08:04 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 7 2017, 07:30 PM) You better do all real trading lah, so pro already.. can make billions... I always try to improve myself, which is why I still do fake trading. I see you use indicators in your graph. Err... for you... right now... it's OK. But just remember do not over rely on them.... else nanti you say... charts no use. |
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Mar 7 2017, 08:08 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 7 2017, 07:38 PM) Haha, well, i ask because sometimes thru asking, one can learn much faster lo. Of course if you state your method, is still up to me to either tweak it into my method or analyze that is it suitable to me lo. Of course wont blindly follow lo Yes... sensitive issue.Paper trade or what not, one should be continuously trade with an open mind to learn and may/may not change according to the market lo. But still, i thought my question no1 is a simple question which referring to 'your' method lo. Haha google lain cerita liao ma T_T I also get it if you prefer not to state your method wan ma... If you are a trader long enough, you should know why. Most important... if you see 3 or 4 methods... try all these methods out extensively... And as you know... there's not one method that can work in all kind of market sentiments... so when you do testing... test out in bullish market/bullish but sideways/bearish/dead etc etc etc... there are times... some methods will work only in certain market sentiments... |
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Mar 7 2017, 10:26 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 7 2017, 08:04 PM) I always try to improve myself, which is why I still do fake trading. Indicators? Like rsi, 20,50,200 ma.. I see you use indicators in your graph. Err... for you... right now... it's OK. But just remember do not over rely on them.... else nanti you say... charts no use. Never really see or use them.. just know about it only. |
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Mar 7 2017, 10:27 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(Boon3 @ Mar 7 2017, 07:13 PM) Not feeling sarcastic rite now.... So dunno what .......................................... |
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Mar 7 2017, 10:29 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(gark @ Mar 7 2017, 07:30 PM) You better do all real trading lah, so pro already.. can make billions... I figured it out. Boon3 has shares in paper lama / recycling company. That's why he promotes paper trading.... |
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Mar 7 2017, 10:31 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(gark @ Mar 7 2017, 10:26 PM) Indicators? Like rsi, 20,50,200 ma.. I think you can look at them to see if it fits in with what you are trying to figure out with the charts. No harm using them as a guide but not as gospel truth.Never really see or use them.. just know about it only. |
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Mar 7 2017, 10:37 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(lynetnonyma @ Mar 7 2017, 10:31 PM) I think you can look at them to see if it fits in with what you are trying to figure out with the charts. No harm using them as a guide but not as gospel truth. So far never use them before.. mostly use volume only... |
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Mar 7 2017, 11:00 PM
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Senior Member
2,955 posts Joined: Sep 2009
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QUOTE(Boon3 @ Mar 6 2017, 10:49 AM) Fundamental talks about companies is welcomed but if you wanna talk investing, please use the other thread. TQVM Before you begin trading, I advice you to paper trade until you are totally comfortable with your setups. Charts posted in this thread is for general chit-chat only. DO NOT SIMPLY FOLLOW!!! All newbies here are waiting for your guidance Sifu! Remembered me asking you for tips last time ? |
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Mar 7 2017, 11:24 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(gark @ Mar 7 2017, 10:37 PM) So far never use them before.. mostly use volume only... One of the main reasons some people don't like indicators is that it is based on past data. For example, when you look at moving average, its average from past days. So it mainly reflects what has already happened in the past. It does not clearly indicate what will happen in the future. So its mainly indicators to possibility of what could happen in the future given a certain set of circumstances. But those circumstances may not happen and could change as no one knows what the future hold for sure.Volume is seen to be more useful as it shows the supply and demand which is what eventually affects prices. Its more about the present, rather than the past or future. The present is what counts as we can see it happening now. Again, everything is just a guide. If there was a sure-fire way of getting it right all the time, everyone would be doing it and making money all the time. |
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Mar 8 2017, 09:52 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 7 2017, 10:26 PM) Indicators? Like rsi, 20,50,200 ma.. OK.Never really see or use them.. just know about it only. Give simple example Take the first one. RSI. It just measures the relative strength of the stock based on the days set in the parameter of the indicator. In most cases, the period is set to 14 days. Very basic stuff la... nothing geng. Now what most people tend to do is... they look at this indicator to see if the stock is overbought/oversold. In which, you will see many beginners screaming rsi oversold la... time to buy. or when it's overbought, it's time to sell... etc etc. Generally, it's ok but the number of failed instances is far too many. ie. the EXTREMES. The EXTREMES is where one make or break really. For in the EXTREMES of the RSI indicator, this is where we get the 'rolling down the hill' stocks... or the forever flying stocks. so if one gets their tails up and simply go ga-ga once the RSI indicator flashes its alerts... one will surely lose out.... in the 'rolling down the hill' instances... one could end up buying early... only to see the stock continue sinking after one bought.... example? err.... the ONG sector. if one gets kiasu... and jumps the gun selling once the rsi shows overbought... one would definitely miss out on the multi baggers. however.... having said all that ayam... for beginning charting... it's ok la. just don't over rely too much on any indicators... it's like using financial ratios... like PER.... I am sure you understand you cannot over rely on it too... yes? and sometimes using PE alone... it's also risky. » Click to show Spoiler - click again to hide... « |
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Mar 8 2017, 10:00 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(shankar_dass93 @ Mar 7 2017, 11:00 PM) Fuyoo, glad that Boon opened up a trading forum. Haiyoooooo...... don't say like that maaaa....All newbies here are waiting for your guidance **** Remembered me asking you for tips last time ? Last time opened the Traders Kopitiam what. But then some buggers thinks it's ok to be jerks and start talking ayam about investing. Oh yaa.... last time you asked for tips.... |
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Mar 8 2017, 10:56 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 8 2017, 09:52 AM) just don't over rely too much on any indicators... it's like using financial ratios... like PER.... I am sure you understand you cannot over rely on it too... yes? and sometimes using PE alone... it's also risky. » Click to show Spoiler - click again to hide... « instead I look for FUTURE PER.. Need more predictive home work.. but ok la.. |
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Mar 8 2017, 10:57 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 8 2017, 10:00 AM) Haiyoooooo...... don't say like that maaaa.... Ah boon very the kiamsiap nowdays.. Last time opened the Traders Kopitiam what. But then some buggers thinks it's ok to be jerks and start talking ayam about investing. Oh yaa.... last time you asked for tips.... |
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Mar 8 2017, 11:55 AM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(Boon3 @ Mar 8 2017, 10:52 AM) OK. I also tak pndai tengok this oscillator...Give simple example Take the first one. RSI. It just measures the relative strength of the stock based on the days set in the parameter of the indicator. In most cases, the period is set to 14 days. Very basic stuff la... nothing geng. Now what most people tend to do is... they look at this indicator to see if the stock is overbought/oversold. In which, you will see many beginners screaming rsi oversold la... time to buy. or when it's overbought, it's time to sell... etc etc. Generally, it's ok but the number of failed instances is far too many. ie. the EXTREMES. The EXTREMES is where one make or break really. For in the EXTREMES of the RSI indicator, this is where we get the 'rolling down the hill' stocks... or the forever flying stocks. so if one gets their tails up and simply go ga-ga once the RSI indicator flashes its alerts... one will surely lose out.... in the 'rolling down the hill' instances... one could end up buying early... only to see the stock continue sinking after one bought.... example? err.... the ONG sector. if one gets kiasu... and jumps the gun selling once the rsi shows overbought... one would definitely miss out on the multi baggers. however.... having said all that ayam... for beginning charting... it's ok la. just don't over rely too much on any indicators... it's like using financial ratios... like PER.... I am sure you understand you cannot over rely on it too... yes? and sometimes using PE alone... it's also risky. » Click to show Spoiler - click again to hide... « But i can see MA or EMA...put 2 lines those 12 and 24 days....if the line deviate among each other gap too big somehow they will try to converge back to each other... Macam physics law pulak....i guess some very technical trader use this to measure how log can a certain uptrend or downtrend goes before retreating. BNF japanese trader iinm use this method in his swing trading. For RSI also is more straightforward sometime i sue it to measure whether seller/buyer already exhausted and the latter will take over.... |
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Mar 8 2017, 12:34 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 8 2017, 09:52 AM) OK. Nice, a topic solely for trading? Great! Give simple example Take the first one. RSI. It just measures the relative strength of the stock based on the days set in the parameter of the indicator. In most cases, the period is set to 14 days. Very basic stuff la... nothing geng. Now what most people tend to do is... they look at this indicator to see if the stock is overbought/oversold. In which, you will see many beginners screaming rsi oversold la... time to buy. or when it's overbought, it's time to sell... etc etc. Generally, it's ok but the number of failed instances is far too many. ie. the EXTREMES. The EXTREMES is where one make or break really. For in the EXTREMES of the RSI indicator, this is where we get the 'rolling down the hill' stocks... or the forever flying stocks. so if one gets their tails up and simply go ga-ga once the RSI indicator flashes its alerts... one will surely lose out.... in the 'rolling down the hill' instances... one could end up buying early... only to see the stock continue sinking after one bought.... example? err.... the ONG sector. if one gets kiasu... and jumps the gun selling once the rsi shows overbought... one would definitely miss out on the multi baggers. however.... having said all that ayam... for beginning charting... it's ok la. just don't over rely too much on any indicators... it's like using financial ratios... like PER.... I am sure you understand you cannot over rely on it too... yes? and sometimes using PE alone... it's also risky. » Click to show Spoiler - click again to hide... « Yeah, sometimes we as traders or even investors could not just rely a lot on the indicators. Indicators are just merely used for the sake of emotion during trading, psychological behaviour would be best described if one is solely using TA. However, just from my point view, in more advanced markets like UK and US, it could be proven that this method is workable since most of their trades are filled via high frequency trading using some bunch of algorithms. Especially if we can see it from indices or futures for example, it is basically a wash, rinse, repeat scenario. Some charts could be proven nearly a success while others do not (who was it that pull out that we are in a 1929 style of recession graph, where is it?). Personally, I never used the RSI as sometimes it could be just a paradox to investors and it is not proven. One needs like few indicators to confirm whether the sideways graph is about the break upwards or downwards, add in Fibonacci, MACD etc. Never liked using RSI during intra-day trade, for long-termers it's okay. Also, on the PER, always do not like it when using it from the past, for example on UMW when oil prices were so excellent. Rio Tinto when they were at the top of the world when mining earnings were off the chart, it's different now. As an alternative, using PER is useful only when looking forward how it will be 5 years on. But usually stocks best for trading should rely both fundamental futures and the technical chart for best picks. Now do not assume whatever I said is right, somewhere here could go wrong... |
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Mar 8 2017, 03:38 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 8 2017, 10:57 AM) Ah boon very the kiamsiap nowdays.. I am not one who post and hopes that others help push me stockm |
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Mar 8 2017, 03:42 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 8 2017, 11:55 AM) I also tak pndai tengok this oscillator... Just saying only....But i can see MA or EMA...put 2 lines those 12 and 24 days....if the line deviate among each other gap too big somehow they will try to converge back to each other... Macam physics law pulak....i guess some very technical trader use this to measure how log can a certain uptrend or downtrend goes before retreating. BNF japanese trader iinm use this method in his swing trading. For RSI also is more straightforward sometime i sue it to measure whether seller/buyer already exhausted and the latter will take over.... All methods got risk one... How we manage AND acknowledge the risks is more important. |
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Mar 8 2017, 03:46 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 8 2017, 12:34 PM) Nice, a topic solely for trading? Great! WAH !!! Yeah, sometimes we as traders or even investors could not just rely a lot on the indicators. Indicators are just merely used for the sake of emotion during trading, psychological behaviour would be best described if one is solely using TA. However, just from my point view, in more advanced markets like UK and US, it could be proven that this method is workable since most of their trades are filled via high frequency trading using some bunch of algorithms. Especially if we can see it from indices or futures for example, it is basically a wash, rinse, repeat scenario. Some charts could be proven nearly a success while others do not (who was it that pull out that we are in a 1929 style of recession graph, where is it?). Personally, I never used the RSI as sometimes it could be just a paradox to investors and it is not proven. One needs like few indicators to confirm whether the sideways graph is about the break upwards or downwards, add in Fibonacci, MACD etc. Never liked using RSI during intra-day trade, for long-termers it's okay. Also, on the PER, always do not like it when using it from the past, for example on UMW when oil prices were so excellent. Rio Tinto when they were at the top of the world when mining earnings were off the chart, it's different now. As an alternative, using PER is useful only when looking forward how it will be 5 years on. But usually stocks best for trading should rely both fundamental futures and the technical chart for best picks. Now do not assume whatever I said is right, somewhere here could go wrong... Long time no chat!!! Excellent writing skills. So waaaaaazzzzuppp ! Doing good ? Do visit this corner more often. And please feel free to post (in regardless of me participation) |
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Mar 8 2017, 03:50 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 8 2017, 03:38 PM) I am not one who post and hopes that others help push me stockm No need mention its your stock.. just post some charts.. |
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Mar 8 2017, 03:52 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 8 2017, 03:50 PM) No need mention its your stock.. just post some charts.. Ask Ah Max. |
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Mar 8 2017, 03:54 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 8 2017, 03:50 PM) No need mention its your stock.. just post some charts.. Ok.ok...Stock with possible Cup and Handle patterns. Where's the buying point? Can use In SaS as example.... |
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Mar 8 2017, 03:57 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 8 2017, 03:54 PM) Ok.ok... Lol.. after break the downtrend line? Stock with possible Cup and Handle patterns. Where's the buying point? Can use In SaS as example.... |
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Mar 8 2017, 03:57 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 8 2017, 03:46 PM) WAH !!! All good so far, I'm out of the game for this week, need to re-think some strategies. Long time no chat!!! Excellent writing skills. So waaaaaazzzzuppp ! Doing good ? Do visit this corner more often. And please feel free to post (in regardless of me participation) You know, that we have a proper trading topic, wouldn't mind dropping in every now and then. But for now, TA perspective, can look at stocks like Dialog. Dialog has a flag pattern graph, I'll pull it up when I'm free. Not sure why Dialog, but it must be something... |
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Mar 8 2017, 03:59 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 8 2017, 03:57 PM) Lol.. after break the downtrend line? Nope. |
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Mar 8 2017, 04:00 PM
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Senior Member
1,497 posts Joined: Dec 2005
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ini tarak bagus ka, unisem |
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Mar 8 2017, 04:01 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 8 2017, 03:59 PM) Nope. Either that or go back to the rim of the cup.. Me not TA expert u know.. |
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Mar 8 2017, 04:03 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(hehe86 @ Mar 8 2017, 05:00 PM)
ini tarak bagus ka, unisem  |
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Mar 8 2017, 04:04 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(max_cavalera @ Mar 8 2017, 04:03 PM) sudah breakout very high...dont chase the high....we dont know if its already near its top for the time being.... chase the breakout, wait for pullback, or wait for consolidation? |
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Mar 8 2017, 04:06 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 8 2017, 04:01 PM) Either that or go back to the rim of the cup.. Hehehehe..... I know. Me not TA expert u know.. Try google. Go see what they say. |
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Mar 8 2017, 04:14 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 8 2017, 03:57 PM) All good so far, I'm out of the game for this week, need to re-think some strategies. You know, that we have a proper trading topic, wouldn't mind dropping in every now and then. But for now, TA perspective, can look at stocks like Dialog. Dialog has a flag pattern graph, I'll pull it up when I'm free. Not sure why Dialog, but it must be something... You know this isn't a bad idea at all. Not at all. I mean... if one is missing out on some OnG stock rally.... This could be a decent consideration trade option. I got my laptop with me now... I can pull it out....   |
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Mar 8 2017, 04:15 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(hehe86 @ Mar 8 2017, 05:04 PM) chase the breakout, wait for pullback, or wait for consolidation?  u late already... this massive pivot resistance line for 6 month sudah breakout... u see the buying volume also slowly exhausted already.... just wait few days u will see the price consolidate. u want to enter also kira fibonacci retracement ratio first wants it hit that low u can masuk in tranches.... but for me this counter already hit its highest price point in shortest time possible... next uptrend the gain wont be this great.... |
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Mar 8 2017, 04:28 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 8 2017, 04:01 PM) Either that or go back to the rim of the cup.. Dont' malas.... sini Me not TA expert u know.. Anyway... as it is... the live chart is showing this...  which makes the handle looking way too cacat. see this is why one needs to wait patiently (which means one will be buying higher) for the handle to develop and wait for the breakout from the handle... why? this is risk management of the trade... you do not want to be too early... and assume a pattern will be formed... many a times... fail patterns will happen. other example would be the Double Bottom plays.... |
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Mar 8 2017, 04:29 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 8 2017, 04:15 PM) u late already... this massive pivot resistance line for 6 month sudah breakout... u see the buying volume also slowly exhausted already.... just wait few days u will see the price consolidate. u want to enter also kira fibonacci retracement ratio first wants it hit that low u can masuk in tranches.... but for me this counter already hit its highest price point in shortest time possible... next uptrend the gain wont be this great.... Good comments Max. |
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Mar 8 2017, 04:44 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(max_cavalera @ Mar 8 2017, 04:15 PM) u late already... this massive pivot resistance line for 6 month sudah breakout... u see the buying volume also slowly exhausted already.... just wait few days u will see the price consolidate. u want to enter also kira fibonacci retracement ratio first wants it hit that low u can masuk in tranches.... but for me this counter already hit its highest price point in shortest time possible... next uptrend the gain wont be this great.... Most likely will paper trade this one. |
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Mar 8 2017, 04:45 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 8 2017, 04:14 PM) You know this isn't a bad idea at all. Not at all. I mean... if one is missing out on some OnG stock rally.... This could be a decent consideration trade option. I got my laptop with me now... I can pull it out.... O&G is still the continuing play when trading, very promising. |
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Mar 8 2017, 04:46 PM
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Senior Member
1,497 posts Joined: Dec 2005
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Dialog PE >20 lo....
Erm.. do correct me if i shouldn't use FA ratio when we're discussing bout its TA... |
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Mar 8 2017, 04:55 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 8 2017, 04:46 PM) Dialog PE >20 lo.... Since when I care the last time? Erm.. do correct me if i shouldn't use FA ratio when we're discussing bout its TA... The last Traders Koptiam was open for how many years? Did I say no PE, FA etc etc? Just don't go be a jerk and try talking like an investor in a traders forum ma.... Some stocks have a relative high PE over its time span... Question is ... 1. Did it not deserve it? when others OnG players (like fabricators and what not) ... they got hit bad .... and huge losses were recorded... How did Dialog do? Check out Dialog's last 10 years profits... Does it not deserve its premium pricing? 2. If unsure, there's a simple thing you can do... (shit... I am not hard selling this DIE stock... )check the PE band range over the last 5 years. 3. Check out the growth rate. 4. Do some profit estimations for the coming quarters/years *this one ask Ah Gark Gor Gor *etc etc etc.... in short... some stocks can fly despite its high PE |
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Mar 8 2017, 05:04 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 8 2017, 04:55 PM) Since when I care the last time? The last Traders Koptiam was open for how many years? Did I say no PE, FA etc etc? Just don't go be a jerk and try talking like an investor in a traders forum ma.... Some stocks have a relative high PE over its time span... Question is ... 1. Did it not deserve it? when others OnG players (like fabricators and what not) ... they got hit bad .... and huge losses were recorded... How did Dialog do? Check out Dialog's last 10 years profits... Does it not deserve its premium pricing? 2. If unsure, there's a simple thing you can do... (shit... I am not hard selling this DIE stock... )check the PE band range over the last 5 years. 3. Check out the growth rate. 4. Do some profit estimations for the coming quarters/years *this one ask Ah Gark Gor Gor *etc etc etc.... in short... some stocks can fly despite its high PE alright, wanna confirm so that won't be stepping on the wrong toes Betul juga, still making profits. 
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Mar 8 2017, 06:14 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 8 2017, 04:28 PM) Dont' malas.... sini So wait break at 88 sen... Anyway... as it is... the live chart is showing this... which makes the handle looking way too cacat. see this is why one needs to wait patiently (which means one will be buying higher) for the handle to develop and wait for the breakout from the handle... why? this is risk management of the trade... you do not want to be too early... and assume a pattern will be formed... many a times... fail patterns will happen. other example would be the Double Bottom plays.... |
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Mar 8 2017, 06:25 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 8 2017, 06:14 PM) So wait break at 88 sen... but the 'handle' is getting out of shape with the stock trading sideways/lower...plus no oomph in volume (no demand)... atm ... it's looking like a failed pattern. see .. this is a point to remember... the market is traded daily... what u see the other day... ur views could change as the next few trading days 'pattern' changes... this is one point... 'some' cannot brain too much... they will say... oh u traders are so full of shit... the other day... say this and that mah... today change opinion pulak.... it will happen and it will continue to happen.... it's normal. so therefor.... for this instant moment that... wait for 88 sen... can buang oredi... That's why la... them traders always talk ayam one... hohohoho.... |
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Mar 8 2017, 06:36 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 6 2017, 07:46 PM) ok boss.. the volume contracted by a lot yesterday as expected... but further contraction did not happen today as the stock regained its strength.... LOL! See I failed to get this rite, hor.... * and this is why I am not an active trader * How about you? Am guessing you dived in yesterday... and made good money today... yes? |
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Mar 8 2017, 07:07 PM
Show posts by this member only | IPv6 | Post
#133
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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dived? to sea ar?
stock market i watching show je... i see alot stock switch hand la.. i was watching fcpo and fkli thn NK news haha |
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Mar 8 2017, 07:39 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(hehe86 @ Mar 8 2017, 05:44 PM) Yea only noticed this after it brokeout. So now with the buying volume exhausted, will see how the price react is the best course of action. Tried fibo before but doesn't really suits me though. I kena few times before coz follow greed chase that high point...rugi big amount but my profit in other trades cover it la....Most likely will paper trade this one. I only permit u buy on high once it cross not more than 5% of the pivot resistance line. Same as what Jesse Livermore advice. My style currently is heavy on Elliot wave theory and fibo.... ill enter during pullback of wave 2 and 4....wave 1 very hard to get into unless u do ur research well and anticipate/focus closely on any single stock.... Usually the insider/big shark will initiate the 1st rally...the pullback will be their profit taking and the next rally will be drive by technical/fundamentalist...the 3rd rally is usually novice/public.... Anyway this is just my POV looking at the market currently |
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Mar 8 2017, 07:49 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(max_cavalera @ Mar 8 2017, 07:39 PM) I kena few times before coz follow greed chase that high point...rugi big amount but my profit in other trades cover it la.... oh, if i take 2.8, 5% is not more than 2.94... I only permit u buy on high once it cross not more than 5% of the pivot resistance line. Same as what Jesse Livermore advice. My style currently is heavy on Elliot wave theory and fibo.... ill enter during pullback of wave 2 and 4....wave 1 very hard to get into unless u do ur research well and anticipate/focus closely on any single stock.... Usually the insider/big shark will initiate the 1st rally...the pullback will be their profit taking and the next rally will be drive by technical/fundamentalist...the 3rd rally is usually novice/public.... Anyway this is just my POV looking at the market currently yea for stocks, is kinda hard to get into the first wave unless you've been monitoring it closely. So best is to wait for pullbacks/consolidation. sure any POV is welcome bro |
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Mar 8 2017, 08:41 PM
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Junior Member
284 posts Joined: Nov 2016
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Looks like Padini will consolidate
Volume is dropping Those who bought at 2.4 may consider to sell in my opinion 
This post has been edited by Coup De Grace: Mar 8 2017, 08:42 PM |
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Mar 9 2017, 03:25 PM
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Senior Member
1,842 posts Joined: Jan 2003
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What do you think of this? I have a strong feeling it will go up soon. But high possible will come down also. Pros, please share what do you think? |
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Mar 9 2017, 05:01 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(knight @ Mar 9 2017, 03:25 PM)
What do you think of this? I have a strong feeling it will go up soon. But high possible will come down also. Pros, please share what do you think? DOn't over rely on second opinions from forumers here. Not saying you do.. but just saying... I think u can understand. Ok. For me, I write down comments on charts that I think is interesting/or looking at. I jot down the comments down on a 555. I would come back... say a few days or few hours later... observe what I wrote. sometimes ... these comments are gold. Like for example... My general observation is that you are simply unsure.... u reckon this stock has good chance that it will go up.... the next sentence... u reckon it could go down also... Unsure... yes? See I preach trading/investing in less stocks at one time... One of the rationale is when you trade with a lot of stocks... you tend to trade with a much carefree attitude... stocks with half chances also you would bet... this is where mistakes occur... for the stock isn't the best viable trading option available.... you just trade cos you wanted to trade (or some other reason) by trading in fewer stocks... you force yourself to be very selective.... it (the stock) must have more than very good chance to make money (big money too)..if no don't waste time and place money at unnecessary risks now if you reflect it back to ytl p... you are simply unsure.. why bet when you are unsure? The other big thing to ask is.... WHERE"S THE BEEF?? you need to work out your risk reward ratio... if the meet is so small... why take the chance to bet? you know... many around still bet and gamble for a 5% gain or a 10% gain.... some even do for big nac meal. so let's take a look at ytl p...  what's the chart saying? my straight answer is that it's going up and down in a SIDEWAY range. * traders do try to make money in range trading... they wait for the stock to hit the lower range and then they attempt to buy... and then they wait for the stock to hit the upper range... and then they sell. most of these trading... I don't like... cos there isn't much meat...* Back to ytl p.... this is what I am seeing. Sideway trading in a range... and look at the range.... is there any meat? and when I zoom out the chart...  it looks so cheat for me... range trading... about 12 sen meat or 8.5% meat... do I want to play this range... or should wait for the stock to breakout of this range? *** these are what I will write down in my 555... and later I will come and revisit.... |
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Mar 9 2017, 05:03 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 8 2017, 06:14 PM) So wait break at 88 sen... and today... the volume came... and the stock closed at 845. regret not buying? heheheheheeeeeeee |
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Mar 9 2017, 05:06 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 9 2017, 05:03 PM) and today... What happen.. today too busy no monitor market.. the volume came... and the stock closed at 845. regret not buying? heheheheheeeeeeee |
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Mar 9 2017, 05:08 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 9 2017, 05:01 PM) and when I zoom out the chart... it looks so cheat for me... range trading... about 12 sen meat or 8.5% meat... do I want to play this range... or should wait for the stock to breakout of this range? *** these are what I will write down in my 555... and later I will come and revisit.... |
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Mar 9 2017, 05:17 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 9 2017, 05:06 PM) What happen.. today too busy no monitor market.. I also dunno.... I just saw the closing day trades only.... see this is why... for this instance/stock... atm.... it's best to wait and then trade the breakout.... else... u be left guessing whether its coming or its going.... |
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Mar 9 2017, 05:18 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 9 2017, 05:17 PM) I also dunno.... I just saw the closing day trades only.... see this is why... for this instance/stock... atm.... it's best to wait and then trade the breakout.... else... u be left guessing whether its coming or its going.... |
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Mar 9 2017, 05:20 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 9 2017, 05:08 PM) Based purely at chart.. can go back to 1.80 or not? Since when you see me use chart to predict the stock prices ??..........  |
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Mar 9 2017, 05:21 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 9 2017, 05:18 PM) This stock like to trap people.. hahaha better becareful.. How can you say trap la.... If one trade/invest wrongly... sure ownself kena all kind of booob booob trap la. |
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Mar 9 2017, 06:51 PM
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Senior Member
1,497 posts Joined: Dec 2005
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Market sentiment today most likely because of the oil dropped quite heong
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Mar 9 2017, 07:25 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 9 2017, 05:20 PM) Since when you see me use chart to predict the stock prices ??.......... |
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Mar 9 2017, 07:33 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 9 2017, 07:25 PM) I though some charts got TP 1 and TP 2 one.. how they predict that? That's others people charts. Not mine. You read research reports... You got see how what their future eps is based on? Some can even used CAGR 45% for their eps estimations. LOL! Anyway... We see what we want to see... and we hear what we want to hear... that's the norm... So TP1 TP2... Now Kleenex sell so many kind of TP hor... Some are scented ... Some aren't... I dunno how NTPM can compete.... Those scented ones... So nice smell...to wipe them smelly stuff... How NTPM? You have? Or was it the FooFoo bugger? |
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Mar 9 2017, 07:34 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 9 2017, 06:51 PM) Market sentiment today most likely because of the oil dropped quite heong Not a buying opportunity? ( must be like Ah Gark... fan the fire... ) |
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Mar 9 2017, 07:36 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 9 2017, 07:33 PM) That's others people charts. Not mine. Sooooo all pluck from the sky one? You read research reports... You got see how what their future eps is based on? Some can even used CAGR 45% for their eps estimations. LOL! Anyway... We see what we want to see... and we hear what we want to hear... that's the norm... So TP1 TP2... Now Kleenex sell so many kind of TP hor... Some are scented ... Some aren't... I dunno how NTPM can compete.... Those scented ones... So nice smell...to wipe them smelly stuff... How NTPM? You have? Or was it the FooFoo bugger? I dont have NTPM...not bad stock tho..Now NTPM not only sell tissue but feminine towel and daipers also.. This post has been edited by gark: Mar 9 2017, 07:37 PM |
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Mar 9 2017, 07:47 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 9 2017, 07:36 PM) Sooooo all pluck from the sky one? I dont have NTPM...not bad stock tho..Now NTPM not only sell tissue but feminine towel and daipers also.. You know I dun talk about TPs laaaa.... So what's the verdict? Must I get them scented TPs or no? |
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Mar 10 2017, 02:33 AM
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Senior Member
1,842 posts Joined: Jan 2003
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QUOTE(Boon3 @ Mar 9 2017, 05:01 PM) First thing first... Thanks. I see what u mean. But what if I put some? The dividend is good there.DOn't over rely on second opinions from forumers here. Not saying you do.. but just saying... I think u can understand. Ok. For me, I write down comments on charts that I think is interesting/or looking at. I jot down the comments down on a 555. I would come back... say a few days or few hours later... observe what I wrote. sometimes ... these comments are gold. Like for example... My general observation is that you are simply unsure.... u reckon this stock has good chance that it will go up.... the next sentence... u reckon it could go down also... Unsure... yes? See I preach trading/investing in less stocks at one time... One of the rationale is when you trade with a lot of stocks... you tend to trade with a much carefree attitude... stocks with half chances also you would bet... this is where mistakes occur... for the stock isn't the best viable trading option available.... you just trade cos you wanted to trade (or some other reason) by trading in fewer stocks... you force yourself to be very selective.... it (the stock) must have more than very good chance to make money (big money too)..if no don't waste time and place money at unnecessary risks now if you reflect it back to ytl p... you are simply unsure.. why bet when you are unsure? The other big thing to ask is.... WHERE"S THE BEEF?? you need to work out your risk reward ratio... if the meet is so small... why take the chance to bet? you know... many around still bet and gamble for a 5% gain or a 10% gain.... some even do for big nac meal. so let's take a look at ytl p... what's the chart saying? my straight answer is that it's going up and down in a SIDEWAY range. * traders do try to make money in range trading... they wait for the stock to hit the lower range and then they attempt to buy... and then they wait for the stock to hit the upper range... and then they sell. most of these trading... I don't like... cos there isn't much meat...* Back to ytl p.... this is what I am seeing. Sideway trading in a range... and look at the range.... is there any meat? and when I zoom out the chart... it looks so cheat for me... range trading... about 12 sen meat or 8.5% meat... do I want to play this range... or should wait for the stock to breakout of this range? *** these are what I will write down in my 555... and later I will come and revisit.... |
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Mar 10 2017, 06:09 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(knight @ Mar 10 2017, 02:33 AM) Thanks. I see what u mean. But what if I put some? The dividend is good there. If you want to put some, put la. I am NOT RESPONSIBLE FOR YOUR DECISIONS!!!! The dividend is good? LOL! Not right to ask me that. But let me ask you back one simple question. What's the risk of buying cos of dividend? |
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Mar 10 2017, 08:58 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(knight @ Mar 10 2017, 02:33 AM) Thanks. I see what u mean. But what if I put some? The dividend is good there. So I asked What's the risk of buying cos of dividend?Whenever one makes any statement... before you follow... just ask yourself .. if the issue raised is valid. So I asked about the risk in buying cos of dividends Firstly.... I am NOT saying dividends will not work ... BUT ... I am addressing the risk... Yes they are risks !!! The main one.... is ..... DIVIDENDS are never a 100% gimme.... the owners/bod can announce of out the blue ... that they won't pay dividend... sometimes for the quarter... sometimes even for the whole year... the company 'might' say... something like 'oh we need the money to fund new project/capex etc etc etc IRONICALLY.... YTL and YTL Power had pulled this stunt b4. Recent years... YTL slashed its dividends to almost zero for FY2011, FY2012 and FY2013. YTL Power did this...  See how YTLP cut its dividends from FY2010 to FY2013? Not too long ago Smurfs talked about Amway, in another thread - click here and see post#50 My reply was here - see post 53 Anyway, this Amway example, showed the risks in investing/trading for dividends. BECAUSE once the profits for the company decline, the dividends, naturally, wold decline too. ... and with it... the stock price would decline too. Conclusion? Dividends is not a 100% gimme. And once the dividends are cut... the stock price will follow suit and decline too! And for the case of YTL and YTLP... both are huge companies... but look at the stock price the last 5 years...... |
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Mar 10 2017, 11:35 AM
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Senior Member
1,060 posts Joined: Feb 2008
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QUOTE(Boon3 @ Mar 10 2017, 08:58 AM) » Click to show Spoiler - click again to hide... « » Click to show Spoiler - click again to hide... « |
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Mar 10 2017, 03:03 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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Hope im not too late saying those vested in O&G counter,
GTFO NOW!! i see hibiscus deep a lot today. Others im not sure |
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Mar 10 2017, 05:45 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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Boon3 In &a& reach 88 and almost breach 88.5, so now how the handle on the cup looks like..
*Not encourage ppl to buy unless owner going to KO soon.. This post has been edited by gark: Mar 10 2017, 05:46 PM |
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Mar 10 2017, 07:11 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(Smurfs @ Mar 10 2017, 11:35 AM) ok la since u tagged me, I got 1 question for you. » Click to show Spoiler - click again to hide... « Kena taichi 3rd movement liao... |
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Mar 10 2017, 07:14 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 10 2017, 05:45 PM) Boon3 In &a& reach 88 and almost breach 88.5, so now how the handle on the cup looks like.. Good movement today. *Not encourage ppl to buy unless owner going to KO soon.. All eyes on next week... talking ayam... now 2 scenario... 1. It breaks past 88 2. It pulls back - it needs to digest today's movement. volume was good. LOL! I think we should see 2. |
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Mar 10 2017, 07:42 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 10 2017, 07:14 PM) Good movement today. Interesting to see if the cup and handle pattern really works.. All eyes on next week... talking ayam... now 2 scenario... 1. It breaks past 88 2. It pulls back - it needs to digest today's movement. volume was good. LOL! I think we should see 2. |
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Mar 10 2017, 08:06 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 10 2017, 07:42 PM) Interesting to see if the cup and handle pattern really works.. LOL!It can keep pretty much addictive. Remember these things... 1. Pay attention to the volume 2. Let the handle fully develop 3. The cup, should be rounded... too wide a cup (ie more than 2 years to form) , you better stay away. Failed patterns is NOT RARE. It happens. And the biggest mistake (I see) is people tend to jump the gun... They see what they think they see... so before the pattern fully develops... they are already masuk ..... and when the pattern doesn't form... the losses from such a trade tends to be quite massive.... » Click to show Spoiler - click again to hide... « |
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Mar 10 2017, 08:18 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 10 2017, 08:06 PM) » Click to show Spoiler - click again to hide... « 1. Stock I already own, must be very stable, and want to keep long term (divvy stock). Trade ~20% of the stock I have 2. If stock up, sell and wait for pull down, buy back = short sell, earn spread 3. If stock down, buy and wait to go up, sell = earn spread 4. If get stuck, ie buy but stock down, = no problem as I collecting on long term, collect divvy, wait for up later 5. If get stuck, ie sell but stock up, = no problem as holding all goes up, buy back lower later Buy sell within 0.5%-1.0% spread.. but over and over .. can do? Need to have relatively big holding and capital.. But needs lot of time in hand.. so planning do that IF I have free time.. never tested on 555 book, but I see the daily movement looks like can do... Warning : The above is my self thought theory, never tested before.. so don't try This post has been edited by gark: Mar 10 2017, 08:26 PM |
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Mar 10 2017, 08:34 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 10 2017, 08:18 PM) Haha actually i more interested to learn scalping.. but few rules to minimize losses I shall let Ah Max answer you cos I am terrible and I suck at scalping.1. Stock I already own, must be very stable, and want to keep long term (divvy stock). Trade ~20% of the stock I have 2. If stock up, sell and wait for pull down, buy back = short sell, earn spread 3. If stock down, buy and wait to go up, sell = earn spread 4. If get stuck, ie buy but stock down, = no problem as I collecting on long term, collect divvy, wait for up later 5. If get stuck, ie sell but stock up, = no problem as holding all goes up, buy back lower later Buy sell within 0.5%-1.0% spread.. but over and over .. can do? Need to have relatively big holding and capital.. But needs lot of time in hand.. so planning do that IF I have free time.. never tested on 555 book, but I see the daily movement looks like can do... Warning : The above is my self thought theory, never tested before.. so don't try *ps. if not careful... you might end up with a lot of stocks. * I suggest many months of practice first..... |
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Mar 10 2017, 08:42 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 10 2017, 08:34 PM) I shall let Ah Max answer you cos I am terrible and I suck at scalping. Yes plan to do it on stock I want to collect more.. but scalp on the way there. Earn extra money.. *ps. if not careful... you might end up with a lot of stocks. * I suggest many months of practice first..... Any tips for short term charts.. This post has been edited by gark: Mar 10 2017, 08:43 PM |
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Mar 10 2017, 09:43 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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Boon3
hi boon, could you please interpret this chart? It looks like an uptrend to me.  
This post has been edited by twhong_91: Mar 10 2017, 09:44 PM |
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Mar 10 2017, 10:18 PM
Show posts by this member only | IPv6 | Post
#166
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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一路向北
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Mar 10 2017, 10:24 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(djhenry91 @ Mar 10 2017, 10:18 PM) 一路向北 u mean the chart? |
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Mar 10 2017, 10:27 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(gark @ Mar 10 2017, 09:18 PM) Haha actually i more interested to learn scalping.. but few rules to minimize losses Can scalp 1. Stock I already own, must be very stable, and want to keep long term (divvy stock). Trade ~20% of the stock I have 2. If stock up, sell and wait for pull down, buy back = short sell, earn spread 3. If stock down, buy and wait to go up, sell = earn spread 4. If get stuck, ie buy but stock down, = no problem as I collecting on long term, collect divvy, wait for up later 5. If get stuck, ie sell but stock up, = no problem as holding all goes up, buy back lower later Buy sell within 0.5%-1.0% spread.. but over and over .. can do? Need to have relatively big holding and capital.. But needs lot of time in hand.. so planning do that IF I have free time.. never tested on 555 book, but I see the daily movement looks like can do... Warning : The above is my self thought theory, never tested before.. so don't try Tipsy: Greenpacket: From sharp correction to a steady recovery back to pre correction price within 1.5 month  2 stock that just kena correction: RGB  Ideal Jacob  Both stock missed improve earning and nett profit expectation last february result... id scalp this kind of stock. My sell point would be their previous high or near previous high |
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Mar 10 2017, 10:29 PM
Show posts by this member only | IPv6 | Post
#169
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(twhong_91 @ Mar 10 2017, 10:24 PM) u mean the chart? ya but it is trying to go higher but fail again and try and fail again..hmmm.. |
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Mar 10 2017, 10:37 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(djhenry91 @ Mar 10 2017, 10:29 PM) ya but it is trying to go higher but fail again and try and fail again..hmmm.. u know this stock? if u look carefully, it breaks new high then fall back a little, breaks another new high again then falls back now retesting its new high |
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Mar 10 2017, 10:40 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(twhong_91 @ Mar 10 2017, 10:43 PM) Boon3 1st wave rally yo.....you wait shark/insider profit taking/pullback first....u enter now they sembelih u hi boon, could you please interpret this chart? It looks like an uptrend to me.
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Mar 10 2017, 10:48 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(max_cavalera @ Mar 10 2017, 10:40 PM) 1st wave rally yo.....you wait shark/insider profit taking/pullback first....u enter now they sembelih u my average price quite low, 0.5620. top up quite a few times |
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Mar 10 2017, 10:49 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(twhong_91 @ Mar 10 2017, 09:43 PM) Boon3 Hmmm... no info on the chart, difficult to guess....hi boon, could you please interpret this chart? It looks like an uptrend to me.
Looks like 0xxx though. |
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Mar 10 2017, 10:54 PM
Show posts by this member only | IPv6 | Post
#174
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(twhong_91 @ Mar 10 2017, 10:37 PM) u know this stock? if u look carefully, it breaks new high then fall back a little, breaks another new high again then falls back now retesting its new high mcam fimiliar je chart patternapa stock name |
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Mar 10 2017, 10:56 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(lynetnonyma @ Mar 10 2017, 10:49 PM) Hmmm... no info on the chart, difficult to guess.... Looks like 0xxx though. QUOTE(djhenry91 @ Mar 10 2017, 10:54 PM) mcam fimiliar je chart pattern VIS. hahaapa stock name Its business is similar to vitrox. Vitrox has an amazing quarter result and has gone up these few days or week? Vis is gonna report its fincancial result this month. |
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Mar 10 2017, 11:00 PM
Show posts by this member only | IPv6 | Post
#176
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(twhong_91 @ Mar 10 2017, 10:56 PM) VIS. haha oh VIS..i remember tht stock masuk newspaper togather with itronic and so on gap down few dayIts business is similar to vitrox. Vitrox has an amazing quarter result and has gone up these few days or week? Vis is gonna report its fincancial result this month. |
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Mar 11 2017, 06:02 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(pauliekgr @ Mar 7 2017, 05:14 AM) As Boon3 started off with trading tips, I'd like to add this article to the discussion: 101 day trading tips It's a list of 101 day trading tips meant for beginner to medium level traders. Hope this helps |
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Mar 11 2017, 06:08 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(twhong_91 @ Mar 10 2017, 09:43 PM) Boon3 It also looks like an uptrend to me too... hi boon, could you please interpret this chart? It looks like an uptrend to me.
I would not chase after the stock now... at least wait till after Q report la... |
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Mar 11 2017, 09:50 AM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(djhenry91 @ Mar 10 2017, 11:00 PM) oh VIS..i remember tht stock masuk newspaper togather with itronic and so on gap down few day ya, share price up too fast, kena UMA previously. QUOTE(Boon3 @ Mar 11 2017, 06:08 AM) It also looks like an uptrend to me too... alright, thanks for your input boon3. I would not chase after the stock now... at least wait till after Q report la... hopefully they can deliver fantastic result. |
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Mar 11 2017, 11:07 PM
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Senior Member
2,081 posts Joined: Mar 2012
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How's Gamuda WE looking?
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Mar 12 2017, 12:27 AM
Show posts by this member only | IPv6 | Post
#181
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(twhong_91 @ Mar 11 2017, 09:50 AM) ya, share price up too fast, kena UMA previously. Yalo..u still holding? alright, thanks for your input boon3. hopefully they can deliver fantastic result. |
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Mar 12 2017, 12:44 AM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(djhenry91 @ Mar 12 2017, 12:27 AM) Yalo..u still holding? Yup. Wait till its quarter result.. |
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Mar 13 2017, 07:51 PM
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Senior Member
2,906 posts Joined: May 2015
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Just showing some article from i3 on JCY, quite an interesting take, with the technology theme continuing to play, this one will surely be in the limelight with IWCITY, PWORTH, DNEX and its sectoral peers.
https://klse.i3investor.com/blogs/candlestick/118172.jsp On a related note, other sites which have successfully called PWORTH have their fruits bear, most likely tomorrow will break 20c but as always, trade with caution. Here's another, all due credits given to Bursakakis, not me who did it, so thank them, okay. 
This post has been edited by ILoveLalat.net: Mar 13 2017, 08:07 PM |
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Mar 14 2017, 12:09 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 11 2017, 11:07 PM) How's Gamuda WE looking? Woahhhh !!!Long time no C. |
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Mar 14 2017, 12:10 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(twhong_91 @ Mar 12 2017, 12:44 AM) Yup. Wait till its quarter result.. Since you have, this should be the best course of action. |
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Mar 14 2017, 12:24 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 13 2017, 07:51 PM) Just showing some article from i3 on JCY, quite an interesting take, with the technology theme continuing to play, this one will surely be in the limelight with IWCITY, PWORTH, DNEX and its sectoral peers. Good stuff!https://klse.i3investor.com/blogs/candlestick/118172.jsp On a related note, other sites which have successfully called PWORTH have their fruits bear, most likely tomorrow will break 20c but as always, trade with caution. Here's another, all due credits given to Bursakakis, not me who did it, so thank them, okay.
That JCY article is well written. Nothing like the usual snake oil bloggers posting on that site. Surprise to read the quality of the writing. But I still have to say that forum website is toxic la. Anyway, thankz for that link. Anyway my opinion la... Overall, it can get messy if we continue to post links to other forums. Let's say if I have a problem with the article and I want to beeetch and moan and criticise the writeup, posting it here makes no sense. And if I did, and the other forum readers read my shitty comments and want to taruh me back, left, right and center...then very pening. Which is why I don't. Just saying only.....not saying u shouldn't. Anyway JCy looks like a good short term trade. You made some? |
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Mar 14 2017, 12:36 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 10 2017, 08:42 PM) Yes plan to do it on stock I want to collect more.. but scalp on the way there. Earn extra money.. How was your 555 trading? Any tips for short term charts.. I have opened a page on my 555 for it. ....but haven't buy it. Probably will wait... See if the price holds and also the price holds above 88. Was almost going to go for it at 90 yesterday but then...decided not too. |
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Mar 14 2017, 01:03 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 14 2017, 12:36 PM) How was your 555 trading? Lol.. did not trade 555 .. I have opened a page on my 555 for it. ....but haven't buy it. Probably will wait... See if the price holds and also the price holds above 88. Was almost going to go for it at 90 yesterday but then...decided not too. Busy.. |
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Mar 14 2017, 02:16 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 14 2017, 12:24 PM) Good stuff! Correct, agree that website is very poisonous, cause I see some of their members talk-cock all the time with no straight reasoning, but yes, when I read it, it was really good.That JCY article is well written. Nothing like the usual snake oil bloggers posting on that site. Surprise to read the quality of the writing. But I still have to say that forum website is toxic la. Anyway, thankz for that link. Anyway my opinion la... Overall, it can get messy if we continue to post links to other forums. Let's say if I have a problem with the article and I want to beeetch and moan and criticise the writeup, posting it here makes no sense. And if I did, and the other forum readers read my shitty comments and want to taruh me back, left, right and center...then very pening. Which is why I don't. Just saying only.....not saying u shouldn't. Anyway JCy looks like a good short term trade. You made some? Yeah, it does look really odd on the posting of links here, sometimes they may take it down and it will really confuse users, nevertheless, room for improvements when we show articles. But to promote more quality and prevent spamming articles that may deteriorate the quality of this topic and forum, I will screen through on case to case basis, usually if most of calling for it and also coincidentally find the same share. |
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Mar 14 2017, 02:24 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(ILoveLalat.net @ Mar 14 2017, 03:16 PM) Correct, agree that website is very poisonous, cause I see some of their members talk-cock all the time with no straight reasoning, but yes, when I read it, it was really good. Actually useful oso those forum u can gauge the market psychology sentiment lo. Dont get sucked into their mentality bt try to look at it from bird eye viewYeah, it does look really odd on the posting of links here, sometimes they may take it down and it will really confuse users, nevertheless, room for improvements when we show articles. But to promote more quality and prevent spamming articles that may deteriorate the quality of this topic and forum, I will screen through on case to case basis, usually if most of calling for it and also coincidentally find the same share. |
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Mar 14 2017, 06:57 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 14 2017, 01:03 PM) Lol.. did not trade 555 .. Busy.. Don't lazy maaa.... |
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Mar 14 2017, 07:00 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 14 2017, 02:16 PM) Correct, agree that website is very poisonous, cause I see some of their members talk-cock all the time with no straight reasoning, but yes, when I read it, it was really good. TQ !!!Yeah, it does look really odd on the posting of links here, sometimes they may take it down and it will really confuse users, nevertheless, room for improvements when we show articles. But to promote more quality and prevent spamming articles that may deteriorate the quality of this topic and forum, I will screen through on case to case basis, usually if most of calling for it and also coincidentally find the same share. Anyway, it's not just talking-cock but they seem to have this idea to make money in the stock market, all you need to do is to promote like hell (this includes all kinds of dirty tricks) the stocks they own and hope other stupid and lazy punters will just buy the stocks they promote. |
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Mar 14 2017, 07:01 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 14 2017, 02:24 PM) Actually useful oso those forum u can gauge the market psychology sentiment lo. Dont get sucked into their mentality bt try to look at it from bird eye view Err... but many aren't so strong. They just get corrupted and poisoned by all the toxic. |
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Mar 14 2017, 07:12 PM
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All Stars
15,942 posts Joined: Jun 2008
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Someone asked for this....
  How la? |
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Mar 14 2017, 07:49 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(max_cavalera @ Mar 14 2017, 02:24 PM) Actually useful oso those forum u can gauge the market psychology sentiment lo. Dont get sucked into their mentality bt try to look at it from bird eye view This. After observing for quite a while, I cannot disagree on this statement. The negative perception on say IWCITY this morning for example, is most probably the reason why it will be 99.99% safe to enter below 2.50. Because everyone fears about it. As Warren Buffett said, "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." |
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Mar 14 2017, 07:53 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 14 2017, 07:00 PM) TQ !!! But very susah also if you do this tactic. Reason being is they know that a group or one of us is promoting kaw-kaw, then the next moment is to queue up at the next ask price after purchasing at the ask because they knew it is also the trick. Anyway, it's not just talking-cock but they seem to have this idea to make money in the stock market, all you need to do is to promote like hell (this includes all kinds of dirty tricks) the stocks they own and hope other stupid and lazy punters will just buy the stocks they promote. 0.005 very easy to make. All one has to do, follow the first few second ask to monitor the shares. Next, have 100k shares already make 200, after fees deductible. One week, 1000, one month, 4000. Rinse and repeat, win liao lor.  » Click to show Spoiler - click again to hide... « |
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Mar 14 2017, 08:18 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 14 2017, 07:49 PM) The negative perception on say IWCITY this morning for example, is most probably the reason why it will be 99.99% safe to enter below 2.50. Because everyone fears about it. LOL!!!As Warren Buffett said, "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." How la... I so hate that quote. Back to Kerbau.... oops got new brand name... IWCITY... hehe.. This stock went limit up how many times - in how many days?  I really wouldn't know how to play this.... Never ever my cuppa of tea... Can really use buy when everyone is shitting in their pants when the stock went below 2.50 meh? From the above chart... I dunno even know where to plan my exit plans if I went in at 2.50.... Anyway... today's trading...  |
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Mar 14 2017, 09:47 PM
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Junior Member
463 posts Joined: Nov 2007
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QUOTE(Boon3 @ Mar 14 2017, 07:12 PM) Someone asked for this.... wah boob gor giv tipsy wor....mesti sapuHow la? |
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Mar 14 2017, 10:11 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(wayne84 @ Mar 14 2017, 09:47 PM) wah boob gor giv tipsy wor....mesti sapu why have to talk until like this? 1. I don't give tips. SO please be more matured la. 2. Does the 2 charts even show a trading entry? 3. Blardeee hell! Since when my name turned into BOOB?  Posts like this makes me not to post anything. |
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Mar 14 2017, 10:17 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(Boon3 @ Mar 14 2017, 10:11 PM) Posts like this makes me not to post anything. Just passing by...Then don't post lor...the earth will keep spinning without u Kthxbai |
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Mar 14 2017, 11:22 PM
Show posts by this member only | IPv6 | Post
#201
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Junior Member
463 posts Joined: Nov 2007
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QUOTE(Boon3 @ Mar 14 2017, 10:11 PM) why have to talk until like this? 1. I don't give tips. SO please be more matured la. 2. Does the 2 charts even show a trading entry? 3. Blardeee hell! Since when my name turned into BOOB? Posts like this makes me not to post anything. |
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Mar 14 2017, 11:31 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(wayne84 @ Mar 14 2017, 11:22 PM) sorry ah boon.. typo lar. Dont small gas i spend u kopi o kaw kaw satu. Hahaha.... Seriously. I don't give tips and I think for all who wants to be really good in the stock market, one should know that it's extremely dangerous to trade stocks based on tips and it's the fastest way to Holland. Also don't simply go look for sifu-sifu in stock forums cos that's your next fastest way to Holland. And also seriously... look at the chart. Look and understand the risks. and fyi... the chart was meant for Gark. |
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Mar 14 2017, 11:58 PM
Show posts by this member only | IPv6 | Post
#203
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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sejak bila boon3 gv tips gek..
haha |
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Mar 15 2017, 06:28 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 14 2017, 11:58 PM) sejak bila boon3 gv tips gek.. Wahahahaha !!!!! haha I do give tips maaa... naaa,,, » Click to show Spoiler - click again to hide... « Aiyooo... if everything and every chart I post is a tip... then die laaa... go toilet also no time... ps: on the first post... QUOTE Charts posted in this thread is for general chit-chat only. DO NOT SIMPLY FOLLOW!!! |
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Mar 15 2017, 10:46 AM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 14 2017, 12:09 PM) Woahhhh !!! Yeap. How's Gamuda WE looking for you? Long time no C. |
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Mar 15 2017, 10:54 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 14 2017, 07:12 PM) Someone asked for this.... Eeeee I remember this one.. How la? Not bad performance lar.. considering oil price just plunged. More steady than other oil counters. Ini investment hard to look at chart, because it is always based on commodity price. |
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Mar 15 2017, 11:22 AM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 15 2017, 06:28 AM) Wahahahaha !!!!! hahaha..yalo..if u gv tips..no time go toilet pangsai..I do give tips maaa... naaa,,, » Click to show Spoiler - click again to hide... « Aiyooo... if everything and every chart I post is a tip... then die laaa... go toilet also no time... ps: on the first post... if really fly ar..if u no put disclaimer ar.. SC will call u minum kopi hahaha |
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Mar 15 2017, 11:36 AM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 14 2017, 08:18 PM) LOL!!! Do not think that this stock will limit up one more time, that's that. Limit down, maybe... How la... I so hate that quote. Back to Kerbau.... oops got new brand name... IWCITY... hehe.. This stock went limit up how many times - in how many days? I really wouldn't know how to play this.... Never ever my cuppa of tea... Can really use buy when everyone is shitting in their pants when the stock went below 2.50 meh? From the above chart... I dunno even know where to plan my exit plans if I went in at 2.50.... Anyway... today's trading... Anyway, although fundamentally this stock is a loss-making company, the theme at play is the future value. Like Armada and UMW earlier, who cares if they lose billions. Most important here is the future valuation because what's done is done. Past is the past, it would not come back. Look at the present or better, the future.Moving forward, let us look at more shares that unlock value. The other day UMW, was RM5, today as of this posting? RM6.13, quite grateful to join the ride. Anyway, if looking at my RM2.50 entry, my stop loss would have been 15% less than RM2.50. Why is that? The future value is worth more than RM2.50, unless one is a contra holder, easily struck by fear, this is no problem. I am conservatively placing my TP of RM3-3.15 in my opinion, looking at few months worth of swing trading. Disclaimer: Whatever I said above is actually BS, one should go and consult your remisiers because they know what to do..... or they don't.... This post has been edited by ILoveLalat.net: Mar 15 2017, 11:40 AM |
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Mar 15 2017, 11:40 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 15 2017, 10:46 AM) Yeap. How's Gamuda WE looking for you? Err....  from the above, clearly the mother share is developing a new, SLOW uptrend... so perhaps it's worth holding on to your WE.  |
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Mar 15 2017, 11:41 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 15 2017, 10:54 AM) Eeeee I remember this one.. Not bad performance lar.. considering oil price just plunged. More steady than other oil counters. Ini investment hard to look at chart, because it is always based on commodity price. You know that I know you know that I got memory of elephant.... |
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Mar 15 2017, 11:44 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 15 2017, 11:22 AM) hahaha..yalo..if u gv tips..no time go toilet pangsai.. if really fly ar..if u no put disclaimer ar.. SC will call u minum kopi hahaha So take my charts and go toilet pangsai and use? ... but some times... got plenty of one kind of forumers... they have this attitude ... that if they play/own certain shares.... they do not like anyone talking any negative about THEIR stocks.... and if they see anyone doing it... they will attack non-stop... Ini macam pun ada.... this is why ... my postings only good when go pangsai... |
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Mar 15 2017, 11:45 AM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 15 2017, 11:44 AM) So take my charts and go toilet pangsai and use? ... but some times... got plenty of one kind of forumers... they have this attitude ... that if they play/own certain shares.... they do not like anyone talking any negative about THEIR stocks.... and if they see anyone doing it... they will attack non-stop... Ini macam pun ada.... this is why ... my postings only good when go pangsai... baru ada feel |
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Mar 15 2017, 11:48 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 15 2017, 11:36 AM) Do not think that this stock will limit up one more time, that's that. Limit down, maybe... Yaloh... first... I really did not think it will LU satu kali lagi.... Anyway, although fundamentally this stock is a loss-making company, the theme at play is the future value. Like Armada and UMW earlier, who cares if they lose billions. Most important here is the future valuation because what's done is done. Past is the past, it would not come back. Look at the present or better, the future.Moving forward, let us look at more shares that unlock value. The other day UMW, was RM5, today as of this posting? RM6.13, quite grateful to join the ride. Anyway, if looking at my RM2.50 entry, my stop loss would have been 15% less than RM2.50. Why is that? The future value is worth more than RM2.50, unless one is a contra holder, easily struck by fear, this is no problem. I am conservatively placing my TP of RM3-3.15 in my opinion, looking at few months worth of swing trading. Disclaimer: Whatever I said above is actually BS, one should go and consult your remisiers because they know what to do..... or they don't.... anyway... I could never do this type of trading la... very lousy ... I do not have the balls to say... jump at 2.50 and use a Cut Loss.... that's me... waaaaa.... 15% CL? kinda big....ya... LOL!!!! Love your disclaimer... QUOTE Disclaimer: Whatever I said above is actually BS, one should go and consult your remisiers because they know what to do..... or they don't.... |
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Mar 15 2017, 11:49 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 15 2017, 11:45 AM) baru ada feelI am worried............................. |
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Mar 15 2017, 12:00 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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Disclaimer: Whatever I said above is actually BS, one should go and consult your remisiers because they know what to do..... or they jus earn ur commission so jus buy buy buy.......................at ur own risk hahaha
edited |
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Mar 15 2017, 12:15 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 15 2017, 11:36 AM) Anyway, if looking at my RM2.50 entry, my stop loss would have been 15% less than RM2.50. Why is that? The future value is worth more than RM2.50, unless one is a contra holder, easily struck by fear, this is no problem. I am conservatively placing my TP of RM3-3.15 in my opinion, looking at few months worth of swing trading. Just checked... My fake trading record shows I can only get close to 35% winnable trades from such situations.... Yes on my fake trading... I do categorize the type of trades... |
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Mar 15 2017, 12:31 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(djhenry91 @ Mar 15 2017, 12:00 PM) Disclaimer: Whatever I said above is actually BS, one should go and consult your remisiers because they know what to do..... or they jus earn ur commission so jus buy buy buy.......................at ur own risk hahaha Correcto. Typical of them. I think only a few of them were nice though. edited QUOTE(Boon3 @ Mar 15 2017, 12:15 PM) ps: Same style with IWC? Would it be the same scenario for other trades with no fundamental future? Just checked... My fake trading record shows I can only get close to 35% winnable trades from such situations.... Yes on my fake trading... I do categorize the type of trades... If just hit and fail, the ratio must be high then. |
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Mar 15 2017, 12:37 PM
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Senior Member
4,821 posts Joined: Mar 2009
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Congrats to all Jaks buyer, defying all TA principals. lol..
PS: pls PM me the sharks group, hehe.. This post has been edited by lowya: Mar 15 2017, 12:38 PM |
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Mar 15 2017, 12:38 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 15 2017, 12:31 PM) Same style with IWC? Would it be the same scenario for other trades with no fundamental future? This one would be under 'Chasing limit up stocks' .If just hit and fail, the ratio must be high then. |
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Mar 15 2017, 01:44 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 15 2017, 12:38 PM) This one would be under 'Chasing limit up stocks' . Ah I see. But it does not happen every day does it? What about limit down, i.e. Globetronics and Shell a.k.a. Hengyuan? |
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Mar 15 2017, 03:02 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 15 2017, 01:44 PM) Ah I see. But it does not happen every day does it? What about limit down, i.e. Globetronics and Shell a.k.a. Hengyuan? Nope. It doesn't.Which is why I had said I paper traded for many years. Yes, basically on many kind of situation plays. And for falling down stocks.. sometimes there are variations... For instance, recent ones... Hovid - down for license issues... and then u have those falling down due to drastic shortfall in profits.... it's all not as straightforward... as you would have noticed the case in the sharp rebound in JAKS. (I would usually get such trades wrong) So basically, you want to test out your own skill set. Not everyone is the same. Your strong points could be my weakness and vice versa. What we see is finding out what we are good at and what we aren't. Armed with such knowledge of ourselves, then only we can plan how we can trade better. So if we are lousy at say...trading breakout stocks... then our trading strategy needs to be different, yes? anyway... just saying only la this is how I see things... and what I like or no like may not suit you, ya. |
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Mar 15 2017, 03:40 PM
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Senior Member
4,821 posts Joined: Mar 2009
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Something is brewing at Talamt...
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Mar 15 2017, 04:24 PM
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Junior Member
429 posts Joined: May 2015
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QUOTE(lowya @ Mar 15 2017, 03:40 PM) Something is brewing at Talamt...  |
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Mar 15 2017, 06:03 PM
Show posts by this member only | IPv6 | Post
#224
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(lowya @ Mar 15 2017, 12:37 PM) Congrats to all Jaks buyer, defying all TA principals. lol.. no ajak me la..PS: pls PM me the sharks group, hehe.. |
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Mar 15 2017, 07:27 PM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 15 2017, 11:40 AM) Err.... Okay. Thanksfrom the above, clearly the mother share is developing a new, SLOW uptrend... so perhaps it's worth holding on to your WE. |
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Mar 15 2017, 07:57 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 15 2017, 07:27 PM) Okay. Thanks No problem.If just judging on the WE itself.. it's kinda difficult to call... at least if you look at the mother share.. u can see that some sort of a new uptrend is being formed... anyway.... GL! |
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Mar 16 2017, 12:10 PM
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Junior Member
284 posts Joined: Nov 2016
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Looks like Mitra is breaking out from its range with higher volume
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Mar 16 2017, 06:54 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 15 2017, 01:44 PM) Ah I see. But it does not happen every day does it? What about limit down, i.e. Globetronics and Shell a.k.a. Hengyuan? Another good category is Vivo.Remember? Put it under stocks that enlarge their shares into mulit billion shares. |
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Mar 16 2017, 06:55 PM
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All Stars
15,942 posts Joined: Jun 2008
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gark
Paper trade entered at 895 today. |
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Mar 16 2017, 06:56 PM
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All Stars
15,942 posts Joined: Jun 2008
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takoc
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Mar 16 2017, 06:57 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 16 2017, 06:54 PM) Another good category is Vivo. Yup. Why are they injecting fats into the body? Good fats? Bad fats? But what's with the bonus shares for?Remember? Put it under stocks that enlarge their shares into mulit billion shares. The whole management really needs to question the reality of it and why they think it is necessary for it. Now 3 billion shares plus from slightly 1 over billion.  |
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Mar 16 2017, 07:17 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 16 2017, 06:55 PM) gark Real trade or paper trade.. Paper trade entered at 895 today. today good show i think.. |
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Mar 16 2017, 07:44 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 16 2017, 06:57 PM) Yup. Why are they injecting fats into the body? Good fats? Bad fats? But what's with the bonus shares for? Many fail to take into account the NOS issue when they trade.The whole management really needs to question the reality of it and why they think it is necessary for it. Now 3 billion shares plus from slightly 1 over billion. Some penny stocks are gorzilla size stocks... |
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Mar 16 2017, 07:45 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 16 2017, 07:17 PM) Real trade or paper trade.. today good show i think.. Like this also have to ask again? Fake one laaaa. |
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Mar 16 2017, 09:58 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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Guys any stock that just gone through steep correction and slightly recovering?
Post chart pls 😅 Quite lazy to scan bursa lately |
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Mar 17 2017, 10:15 AM
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Senior Member
567 posts Joined: Feb 2006
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QUOTE(Boon3 @ Mar 16 2017, 06:55 PM) gark Ah Boon.. mind to explain why you make that decision?Paper trade entered at 895 today. |
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Mar 17 2017, 10:30 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(Suicidal Guy @ Mar 17 2017, 10:15 AM) Ah Boon.. mind to explain why you make that decision? Err.... 1. Remember it's fake. ie i DID NOT put in any real money. 2. Follow the posts from start la... Kinda describe it pretty much in detail already. If dunno maybe you can ask Ah Gark. 3. Just an example... in which... I hope you folks develop similar exercises. This is very important. A lot talk like smarty panties.. Stock market is real and people win/lose with real money. Paying tuition fees is downright stupid. Prepare yourself.. Learn your skills well.. Know what you are NOT good at... and you do all these with fake trading. No need to feel shy hor |
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Mar 17 2017, 10:30 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Mar 16 2017, 09:58 PM) Guys any stock that just gone through steep correction and slightly recovering? Hahahaha...... lazy eh. Post chart pls 😅 Quite lazy to scan bursa lately |
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Mar 17 2017, 10:38 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 16 2017, 07:45 PM) Like this also have to ask again? Fake one laaaa. Declining volume? |
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Mar 17 2017, 10:39 AM
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Senior Member
567 posts Joined: Feb 2006
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QUOTE(Boon3 @ Mar 17 2017, 10:30 AM) Err.... Haha.. I know it's paper trade only.. 1. Remember it's fake. ie i DID NOT put in any real money. 2. Follow the posts from start la... Kinda describe it pretty much in detail already. If dunno maybe you can ask Ah Gark. 3. Just an example... in which... I hope you folks develop similar exercises. This is very important. A lot talk like smarty panties.. Stock market is real and people win/lose with real money. Paying tuition fees is downright stupid. Prepare yourself.. Learn your skills well.. Know what you are NOT good at... and you do all these with fake trading. No need to feel shy hor Just wondering why you hold off from entering the other day and entered yesterday.. There must be a reason for that.. I cannot see any reason.. Not break out already ka the other day? Just wanna learn and in order to learn need to ask questions ma.. |
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Mar 17 2017, 10:41 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 17 2017, 10:38 AM) What signal to see, if you want to sell your 'fake' trade.. I waited quite long to enter.... yes? Declining volume? remember... wait to buy... wait to sell.... in between..... wait. the other day that link quite good what... if not, search for IBD notes on C&H. anyway... I will try to post immediately my fake sell. yup... everything is bruff one. |
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Mar 17 2017, 10:43 AM
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All Stars
15,942 posts Joined: Jun 2008
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ps.
I believe in flexibility. If I just entered a trade... I keep my options open... most important ... I would like to see how the trade develop... |
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Mar 17 2017, 10:48 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 17 2017, 10:41 AM) I waited quite long to enter.... yes? Yes, I want to know signals to sell so that I can learn more. remember... wait to buy... wait to sell.... in between..... wait. the other day that link quite good what... if not, search for IBD notes on C&H. anyway... I will try to post immediately my fake sell. yup... everything is bruff one. |
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Mar 17 2017, 10:51 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 17 2017, 10:48 AM) Yes, I want to know signals to sell so that I can learn more. Go look for the book 'How to make money in stocks' by William O'Neal.There's a chapter called 'When to sell ....' (hope I remember the chapter name correctly) |
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Mar 17 2017, 10:54 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 17 2017, 10:51 AM) Go look for the book 'How to make money in stocks' by William O'Neal. OK will google that book.. There's a chapter called 'When to sell ....' (hope I remember the chapter name correctly) |
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Mar 19 2017, 09:57 AM
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Senior Member
4,821 posts Joined: Mar 2009
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QUOTE(gark @ Mar 16 2017, 07:17 PM) Real trade or paper trade.. Paper trade in Bull market > total boost self confidence Paper trade in Bear market > give up trading. Paper trade in Bull market, and get into Real trade in correction > OMG. Paper trade in Bull market, and get into Real trade in Bear Market > OMFG! |
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Mar 20 2017, 09:27 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lowya @ Mar 19 2017, 09:57 AM) Paper trade in Bull market > total boost self confidence I HAVE been talking/promoting about PAPER TRADING a long time. Paper trade in Bear market > give up trading. Paper trade in Bull market, and get into Real trade in correction > OMG. Paper trade in Bull market, and get into Real trade in Bear Market > OMFG! If you doubt me, here's just one posting made in 2013. » Click to show Spoiler - click again to hide... « Yup, I had been suggesting to all newbies to do paper trading. Why? ANSWER this. How does one know what's their best way to play the market as a beginner? Is one a CONTRA player? --> * the sure way do die * Is one a TRADER? Is one an INVESTOR? Is one a PUNTER? Is one a SPECULATOR? What kind of trading? Trading on waves? Trading on trends? Trading on breakouts? etc etc What kind of investor? Value investor? Growth investor? etc etc etc With paper trading/investing, one gets to prepare themselves. Find out what's good for them and find out what's their weakness. They then play the market using their BEST skillset. The alternative? Every mistake in the market equals money lost. So a beginner should jump in and just lose money all the way, while HOPING to discover what's best for them? Yeah, just punt man. It's OK if you lose money. This is tuition fees ! Everyone pays tuition fees! Yeah, and just make sure one got LIMITLESS amount of tuition fees to lose.... Back to what you posted. Paper trade in Bull market > total boost self confidence ==>> Everyone wins in a bull market? How about the UGLY truth? The truth is a lot will lose money trying their luck in a bull market. Without fail, many will be seduced by a RISING market. The success stories they hear from their friends will only prompt them to JUMP into the market. Without preparation, such as paper trading, literally they will only playing the market based on HOPE and luck. Many will fail and LOSE money. Paper trade in Bear market > give up trading. ==>> If one wants need to be good in the market, one needs to learn to trade/invest in every market conditions. I paper traded for many years. Yup, and one of the best learning market conditions to learn from is the bear markets. Paper trade in Bull market, and get into Real trade in correction > OMG. ==>> What does this actually say? Answer? One wasn't ready. If one paper traded correctly, one would know the market conditions before they traded. Paper trade in Bull market, and get into Real trade in Bear Market > OMFG! ==>> Let me copy and paste my answer again. What does this actually say? Answer? One wasn't ready. If one paper traded correctly, one would know the market conditions before they traded. |
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Mar 20 2017, 09:52 AM
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Senior Member
4,821 posts Joined: Mar 2009
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QUOTE(Boon3 @ Mar 20 2017, 09:27 AM) Paper trade in Bull market, and get into Real trade in correction > OMG. in a bear KLSE market all longs get slaughtered, and you won't dare to short either (as paper trade never prepare you to short it), shorting stocks is a complete different ball game. that's what it means.==>> What does this actually say? Answer? One wasn't ready. If one paper traded correctly, one would know the market conditions before they traded. Paper trade in Bull market, and get into Real trade in Bear Market > OMFG! ==>> Let me copy and paste my answer again. What does this actually say? Answer? One wasn't ready. If one paper traded correctly, one would know the market conditions before they traded. when a trend change, even a small corrections, breakout/contra/short term traders accounts are flushed out. No matter how ready are you, you depend on bull market, while avoiding corrections. this is not even a doubtful on your part, in the first place it was replied to gark. It's good that everyone has different views, that's makes the market interesting, all groups (bulls bears sheeps pigs) are needed for the market to work it's tricks. |
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Mar 20 2017, 10:24 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lowya @ Mar 20 2017, 09:52 AM) in a bear KLSE market all longs get slaughtered, and you won't dare to short either (as paper trade never prepare you to short it), shorting stocks is a complete different ball game. that's what it means. in a bear KLSE market all longs get slaughtered, and you won't dare to short either (as paper trade never prepare you to short it), shorting stocks is a complete different ball game. that's what it means.when a trend change, even a small corrections, breakout/contra/short term traders accounts are flushed out. No matter how ready are you, you depend on bull market, while avoiding corrections. this is not even a doubtful on your part, in the first place it was replied to gark. It's good that everyone has different views, that's makes the market interesting, all groups (bulls bears sheeps pigs) are needed for the market to work it's tricks. If it's a bear market and one cannot recognizes it? Well, it doesn't matter if one had paper traded or not, one should not be in the market in the first place. when a trend change, even a small corrections, breakout/contra/short term traders accounts are flushed out. No matter how ready are you, you depend on bull market, while avoiding corrections. Trend always changes. That's a FACT! Now simple question which ULTIMATELY ANSWERS your issue about paper trading. Who is more likely to recognize, who is more prepared to handle, who is more equipped to handle such changes in market conditions? One who has prepared and paper traded for many years? Or a beginner? |
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Mar 20 2017, 10:40 AM
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Senior Member
4,821 posts Joined: Mar 2009
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QUOTE(Boon3 @ Mar 20 2017, 10:24 AM) One who has prepared and paper traded for many years? its not how much you learn in school.Or a beginner? it's how much you know how to apply it even if school never taught you. |
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Mar 20 2017, 10:50 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lowya @ Mar 20 2017, 10:40 AM) its not how much you learn in school. ...using your argument....it's how much you know how to apply it even if school never taught you. this begs the question, how to know what and how to apply, if you don't even go to school? |
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Mar 20 2017, 11:06 AM
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Senior Member
4,821 posts Joined: Mar 2009
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QUOTE(Boon3 @ Mar 20 2017, 10:50 AM) ...using your argument.... if you have to ask this question that means...this begs the question, how to know what and how to apply, if you don't even go to school? anyway, here you go: parents, siblings, mentors, personal coach, internet/youtube/google, books, Cd, TV, radio, seminars, blogs, employers, colleague, social events, conference, roadshow, clients, and forum here, etc...... school IS over-rated. This post has been edited by lowya: Mar 20 2017, 11:08 AM |
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Mar 20 2017, 11:18 AM
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Senior Member
640 posts Joined: Jun 2013
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Different strokes for different folks...
Some people learn best from the school of hard knocks... Whatever floats your boat... |
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Mar 20 2017, 11:34 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 11:18 AM) Different strokes for different folks... Hahaha.....Some people learn best from the school of hard knocks... Whatever floats your boat... And i was just waiting when the different strokes, the black and orange cat was going to come out.... Of course.... One CAN always choose to learn from hard knocks... Just pay the money lor.... Just make sure papa and mama got few container loads of money to support whenever one loses like hell. Oh yea... This girl I knew... She always wanted to be a trader... Traded 5 years.... Lost like hell.... She studied all she could about trading.... Then she stopped trading.... She started investing instead.... After just 3 years.... She managed to recover all her losses.... One thing she said... If only i knew and accepted that trading was not for me... Well.... Would you go her way? (Lucky she got sugar daddy support) Or would it better if she found out via paper trading that trading is NOT for her? |
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Mar 20 2017, 11:59 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lowya @ Mar 20 2017, 11:06 AM) if you have to ask this question that means... Ya. Some do find school is over rated.anyway, here you go: parents, siblings, mentors, personal coach, internet/youtube/google, books, Cd, TV, radio, seminars, blogs, employers, colleague, social events, conference, roadshow, clients, and forum here, etc...... school IS over-rated. No doubt. But why l Iimit the learning process to just schools? Why so narrow minded? Cannot broaden our mindset by learning from every available resources? Look for fake trading... When you lose, you lose no money. You learn and hopefully you learn from whatever mistakes you make. Real trading? There's really no limit to how much you can lose. Lose too much, it's game over. Ya. Different strokes. Your choice. |
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Mar 20 2017, 12:50 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(Boon3 @ Mar 20 2017, 11:34 AM) Hahaha..... She learned from the school of hard knocks. She did well in the end. Everyone can look back and say if only they did this or that differently. That is how life is. Sometimes you don't know what works until it is over and done and then you look at the results. You can paper trade for a year, and make a million dollars on paper. Then you can say at the end, if only I did real trading during that time and made a real million, I don't have to trade anymore forever.And i was just waiting when the different strokes, the black and orange cat was going to come out.... Of course.... One CAN always choose to learn from hard knocks... Just pay the money lor.... Just make sure papa and mama got few container loads of money to support whenever one loses like hell. Oh yea... This girl I knew... She always wanted to be a trader... Traded 5 years.... Lost like hell.... She studied all she could about trading.... Then she stopped trading.... She started investing instead.... After just 3 years.... She managed to recover all her losses.... One thing she said... If only i knew and accepted that trading was not for me... Well.... Would you go her way? (Lucky she got sugar daddy support) Or would it better if she found out via paper trading that trading is NOT for her? I am not saying paper trading is no good. I am saying it depends on the person and their character and how they learn best. You can paper trade and make paper profits. But it can go wrong when you get to real trading. It is not a fool-proof way. It may help, but it is no guarantee. Just like there is no guarantee that if you do real trading and you profit the first few times, you will forever profit. Its not only about how you do on paper. The stock market is dynamic. What works on paper for the past months may not work for the next months. Its about opportunity, timing, sentiment, news, rumours, and luck etc. These don't stay the same. Based on your paper trades, you can go into a real trade which under normal circumstances would make you a 100% profit. But a couple of days later, some unexpected world events make the market go down a lot. That is beyond your control and experience. Trading in the stock market is sort of a gamble like going to the casino or playing 4D. There is no certainty to the outcome. People don't like to say its a gamble. So they use words like managing risks etc. Life itself is a gamble as its full of risks and your taking a chance all the time, even when crossing the road. You mitigate or manage the risks by looking left, right, left again before crossing. That does not mean a helicopter won't fall on your head, or a stray bullet won't hit you while you're crossing after taking precautions. I think one of the things lowya is pointing out is that if this year is a bull market, you learn paper trading and do well. Next year you start real trading, but its a bear market. You have lost out an opportunity due to the timing. It seems paper trade works for you. You seem to have found a magic formula which we are not aware of. Good for you. Point is, it may not work for everyone the same as characters are different. From gark's posting, it seems that he does well in his trading / investments. I don't remember him saying that he paper traded for years before starting. I am guessing he studied and did research on stocks before buying them. Good for him too. There must be some who have lost money when they started, but then made much more later on. Like the girl you mentioned. Good for her. For some people, no pain no gain... Also, there is lots of discipline and patience factors involved in trading. You must also be mindful of not everyone has the same amount of capital to trade / invest. You may be having lots of money in the 6 figure range and want to earn more from it. You have all the time in the world to wait for the big returns. But there will be some who only have say 4 figures as capital and are looking for some returns to help ease living expenses etc. They cannot wait years before starting to try to get some returns. Ok, session over... lunch break... |
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Mar 20 2017, 01:17 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 12:50 PM) She learned from the school of hard knocks. She did well in the end. Everyone can look back and say if only they did this or that differently. That is how life is. Sometimes you don't know what works until it is over and done and then you look at the results. You can paper trade for a year, and make a million dollars on paper. Then you can say at the end, if only I did real trading during that time and made a real million, I don't have to trade anymore forever. Dude..I am not saying paper trading is no good. I am saying it depends on the person and their character and how they learn best. You can paper trade and make paper profits. But it can go wrong when you get to real trading. It is not a fool-proof way. It may help, but it is no guarantee. Just like there is no guarantee that if you do real trading and you profit the first few times, you will forever profit. Its not only about how you do on paper. The stock market is dynamic. What works on paper for the past months may not work for the next months. Its about opportunity, timing, sentiment, news, rumours, and luck etc. These don't stay the same. Based on your paper trades, you can go into a real trade which under normal circumstances would make you a 100% profit. But a couple of days later, some unexpected world events make the market go down a lot. That is beyond your control and experience. Trading in the stock market is sort of a gamble like going to the casino or playing 4D. There is no certainty to the outcome. People don't like to say its a gamble. So they use words like managing risks etc. Life itself is a gamble as its full of risks and your taking a chance all the time, even when crossing the road. You mitigate or manage the risks by looking left, right, left again before crossing. That does not mean a helicopter won't fall on your head, or a stray bullet won't hit you while you're crossing after taking precautions. I think one of the things lowya is pointing out is that if this year is a bull market, you learn paper trading and do well. Next year you start real trading, but its a bear market. You have lost out an opportunity due to the timing. It seems paper trade works for you. You seem to have found a magic formula which we are not aware of. Good for you. Point is, it may not work for everyone the same as characters are different. From gark's posting, it seems that he does well in his trading / investments. I don't remember him saying that he paper traded for years before starting. I am guessing he studied and did research on stocks before buying them. Good for him too. There must be some who have lost money when they started, but then made much more later on. Like the girl you mentioned. Good for her. For some people, no pain no gain... Also, there is lots of discipline and patience factors involved in trading. You must also be mindful of not everyone has the same amount of capital to trade / invest. You may be having lots of money in the 6 figure range and want to earn more from it. You have all the time in the world to wait for the big returns. But there will be some who only have say 4 figures as capital and are looking for some returns to help ease living expenses etc. They cannot wait years before starting to try to get some returns. Ok, session over... lunch break... Thanks for the rather long reply but I am afraid there's so many stuff i don't agree. Should i go long or short reply? Hmmmm....... First para... 1. She survived cos she had her sugar daddy backing. She acknowledges this too. Without this unlimited oney backing, she was a dead duck. No way she could have made her comeback. She wished she found out that trading was not for her via paper trading. Well, how does one know what works and what doesn't? You can do the try method and get ready to lose money while trading or you can do the paper trading. When I paper trade, this is my discovery process. I find out what method works and what method doesn't. I discover my skill set. It's nothing like what you say in the first paragraph. If do like you wrote there....sure die lor... 2nd paragraph.......errr.... This post has been edited by Boon3: Mar 20 2017, 01:18 PM |
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Mar 20 2017, 02:03 PM
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Senior Member
1,060 posts Joined: Feb 2008
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Paper Trading,
To me the objective is to collect data and analyze own self trading/investing journey . Collecting data. justification of stock selection : why do you select this stock to trade? Justification of entry price : why would you trade this stock at this particular price? Expectation of this trade : what do you expect from this trade? 10%? set a time frame for review : lets says 3-6 months. Write down all findings. After3-6 month : When price go up : What is the factor make the price goes up When price go down : whats wrong? is it the entry price too high (what is the factor that affects stock price to plummet? micro/macro economics? company earning? etc) Action plan : what shall you do when the stock goes up/ goes down? Expectation : is your expectation in-line? or trading plan have to be adjusted? review again few months later. Write down all findings. Once you got all the data, here comes the analysis part. 1) Analyze your mistake during the paper trading process, and think a way how not to repeat the same mistake again. 2) Analyze what event/ factor that will greatly affected the stock price 3) Analyze your emotion. Do you let your emotion control your trade? or you can manage your emotion when trading. This post has been edited by Smurfs: Mar 20 2017, 02:11 PM |
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Mar 20 2017, 02:12 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(Boon3 @ Mar 20 2017, 01:17 PM) Dude.. Exactly. Everyone got their own opinions and methods. Everyone does not need to agree with everyone else. No harm discussing, no harm disagreeing. Everyone ultimately decides what they want to do on their own. No one person is right. Do whats right for you. No need to force everyone to follow one method. As I've said, something works for you, good for you. That is not the only method.Thanks for the rather long reply but I am afraid there's so many stuff i don't agree. |
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Mar 20 2017, 02:15 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(Smurfs @ Mar 20 2017, 02:03 PM) Paper Trading, So Smurfs , how long did you do paper trading before you did your first real trade?To me the objective is to collect data and analyze own self trading/investing journey . |
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Mar 20 2017, 02:20 PM
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Senior Member
9,333 posts Joined: May 2009
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Paper trading. Usually u win more then lose. Cause you can look at things objectively, its not real money.
Real trading... emotion comes into play... always holding back for more profit, always holding back to cut loss, cause its REAL money. So... if u can make 20% from paper trading... dont expect anything more then 10% in real trading... Experience from Commodities trading.. not stock.. so it moves much faster.. |
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Mar 20 2017, 02:24 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 02:12 PM) Exactly. Everyone got their own opinions and methods. Everyone does not need to agree with everyone else. No harm discussing, no harm disagreeing. Everyone ultimately decides what they want to do on their own. No one person is right. Do whats right for you. No need to force everyone to follow one method. As I've said, something works for you, good for you. That is not the only method. I still don't agree.This paper trading is not as simple as different view points. Let me use my old sayings... The stock market is like fighting a war. Paper trading is like preparing yourself to fight the war. Can you fight the war without preparing yourself? Can you fight the war without knowing what's your fighting skill? 2nd para No where have said that paper trading means you will sure win once you trade. That's BS. I agree. 3rd para........ |
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Mar 20 2017, 02:26 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 02:15 PM) So Smurfs , how long did you do paper trading before you did your first real trade? How come you no ask me this?I did more than 8 years. smurfs Excellent. You sure you know trader? |
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Mar 20 2017, 02:29 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(MeToo @ Mar 20 2017, 02:20 PM) Paper trading. Usually u win more then lose. Cause you can look at things objectively, its not real money. How exactly did you paper trade?Real trading... emotion comes into play... always holding back for more profit, always holding back to cut loss, cause its REAL money. So... if u can make 20% from paper trading... dont expect anything more then 10% in real trading... Experience from Commodities trading.. not stock.. so it moves much faster.. Care to share? |
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Mar 20 2017, 02:47 PM
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Senior Member
1,060 posts Joined: Feb 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 02:15 PM) So Smurfs , how long did you do paper trading before you did your first real trade? I do real trade 1st.Before that I don't even know how to paper trade, or what is the objective of doing so. I used to think it is a completely waste of time. QUOTE(Boon3 @ Mar 20 2017, 02:26 PM) Excellent. You sure you know trader? I don't know This post has been edited by Smurfs: Mar 20 2017, 02:49 PM |
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Mar 20 2017, 02:51 PM
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Senior Member
9,333 posts Joined: May 2009
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QUOTE(Boon3 @ Mar 20 2017, 02:29 PM) How exactly did you paper trade? For commodities?Care to share? Not sure how relevant it would be for your slower moving equities market. |
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Mar 20 2017, 03:18 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(Boon3 @ Mar 20 2017, 02:26 PM) How come you no ask me this? I think (or at least in my mind) you got say before. At least you mentioned years. I thought it was 3 or 5, but I wrong since you said 8. I should have written your post down on paper...I did more than 8 years. Not sure if you want to answer, never mind if you don't.... In the 8 years of your paper trading, do you have a rough percentage of wins vs loss? Like 50-50 or 70-30 etc? How does that compare with your real trading after that? Is it about the same percentage? Or much better? You see, I ask not because I want to know how much profit you make.... I can see how you are trying to guide newbies on to a track so that they don't lose money right at the start. I can appreciate that, believe it or not... However, IMO, it is not much point just chanting a mantra unless you show the benefits. Or else newbies will not take it seriously. Your story about the girl who lost money initially is a good one that newbies can probably relate to or be aware of or be afraid of. Why some people read books of other successful people is because they want to see if they can follow or emulate to also achieve success. But the book must have explanations of why and how in order for one to learn from it, or else it is just like another story book. There is a difference between preaching and teaching... Trading becoming philosophical... |
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Mar 20 2017, 03:23 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(MeToo @ Mar 20 2017, 02:20 PM) Paper trading. Usually u win more then lose. Cause you can look at things objectively, its not real money. Your point about the emotions part is a very good one. You do not get the true impact of how emotions come into play when doing paper trading alone. Real trading... emotion comes into play... always holding back for more profit, always holding back to cut loss, cause its REAL money. So... if u can make 20% from paper trading... dont expect anything more then 10% in real trading... Experience from Commodities trading.. not stock.. so it moves much faster.. |
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Mar 20 2017, 03:33 PM
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Senior Member
9,333 posts Joined: May 2009
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QUOTE(lynetnonyma @ Mar 20 2017, 03:23 PM) Your point about the emotions part is a very good one. You do not get the true impact of how emotions come into play when doing paper trading alone. and it doesnt get easier....get burnt just waiting for that extra 20 points.... and after some 2 digit years of doing it... i still fall into the same trap.. |
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Mar 20 2017, 03:59 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 03:18 PM) I think (or at least in my mind) you got say before. At least you mentioned years. I thought it was 3 or 5, but I wrong since you said 8. I should have written your post down on paper... Once you start talking stuff like 50-50 or 70-30 I know you have the concept of paper trading wrong, which is why I can understand your bias against it.Not sure if you want to answer, never mind if you don't.... In the 8 years of your paper trading, do you have a rough percentage of wins vs loss? Like 50-50 or 70-30 etc? How does that compare with your real trading after that? Is it about the same percentage? Or much better? You see, I ask not because I want to know how much profit you make.... I can see how you are trying to guide newbies on to a track so that they don't lose money right at the start. I can appreciate that, believe it or not... However, IMO, it is not much point just chanting a mantra unless you show the benefits. Or else newbies will not take it seriously. Your story about the girl who lost money initially is a good one that newbies can probably relate to or be aware of or be afraid of. Why some people read books of other successful people is because they want to see if they can follow or emulate to also achieve success. But the book must have explanations of why and how in order for one to learn from it, or else it is just like another story book. There is a difference between preaching and teaching... Trading becoming philosophical... Look I am NOT talking about stocks like JAKS or the PUCs and DATAPREPs of todays. Continuous paper trading such stocks for many years has zero value in my opinion. For a trader.. Paper trading is used to discover ourselves. To find out what kind of trading fits me best... or perhaps I suck in all form of trading. Take a double bottom or the \/\/ The proper method to trade it is to buy AFTER the second bottom is formed, right at the top of the right side of the W. I then ask myself, is double bottom trading the best for me? First thing first. Like many, I always ask, why not right where the second bottom is formed? If not, how about 2 or 3 bids above the 2nd bottom? Why ask this? Cos usually, there is quite a bit of meat between the bottom and the top. For example, say... if the bottom is at 1.20 and the top is 1.35, me like many others, will surely ask why 1.35? Why not 1.20. So best way to find out? Real practice. Find a real existing stock, paper trade it. Test it out. Try playing the 1.20 or the 1.24. Then compare it versus 1.35. And I do NOT test it on one SINGLE stock. I test on many. And I also make sure I mark it down if the market condition is bullish or bearish. Result? The 1.35 is always the better entry. And in fact, I also test the difference of where the double bottom occurs. Oh yeah, I am sure you are aware that double bottoms can happen in different trends. ie. you can have a double bottom on a down trending stock and you can also have a double bottom in an uptrend. The paper trading objective is to find out how best I can trade this. Of course, the early days, my paper trading was simple... RSI la... change the time period la... etc etc etc.... Hey, I can go on and on.... but I gotta ask you this.... is this your TYPE of paper trading? or is your paper trading just paper trading on stocks like PUC and then once you hit a certain win percentage, you consider yourself a success and then you move on to real trading? |
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Mar 20 2017, 04:01 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 03:18 PM) You see, I ask not because I want to know how much profit you make.... You saying I got to show you my actual record before I start posting? |
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Mar 20 2017, 04:05 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(Smurfs @ Mar 20 2017, 02:47 PM) I don't know I believe you know that I was trying so hard to pull your 'left one' longer............... Seriously... From your older posts... I am pretty confident you are an above average investor. » Click to show Spoiler - click again to hide... « |
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Mar 20 2017, 05:01 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(Boon3 @ Mar 20 2017, 03:59 PM) Once you start talking stuff like 50-50 or 70-30 I know you have the concept of paper trading wrong, which is why I can understand your bias against it. In my previous posts, I have already said that I am not saying paper trading is no good. My point was to ask after doing 8 years of paper trading, you should be having close to 100% wins with real trading after that. Except that one time, if I remember correctly, you said you lost some 3K or something on a trade - can't quite remember exactly. Such stats would thus help a newbie understand the value of it all. Do you think if you tell a newbie to paper trade first for 5 or 8 years before doing a real trade, they are going to follow? QUOTE(Boon3 @ Mar 20 2017, 04:01 PM) LOL! No, I wasn't asking for you actual trading profits etc.You saying I got to show you my actual record before I start posting? Anyway, if anyone is interested here is an article about paper trading. As I say, there are normally two side to everything. Make sure you read the user comments at the bottom to get a wider view. One of the comments say what MeToo said in an earlier post here. People generally write articles to push their own viewpoint only. Does not mean there are no other correct viewpoints. https://tinyurl.com/kgo8bp7 |
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Mar 20 2017, 05:05 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 05:01 PM) In my previous posts, I have already said that I am not saying paper trading is no good. This is chat is not going anywhere real soon.My point was to ask after doing 8 years of paper trading, you should be having close to 100% wins with real trading after that. Except that one time, if I remember correctly, you said you lost some 3K or something on a trade - can't quite remember exactly. Such stats would thus help a newbie understand the value of it all. Do you think if you tell a newbie to paper trade first for 5 or 8 years before doing a real trade, they are going to follow? No, I wasn't asking for you actual trading profits etc. Anyway, if anyone is interested here is an article about paper trading. As I say, there are normally two side to everything. Make sure you read the user comments at the bottom to get a wider view. One of the comments say what MeToo said in an earlier post here. People generally write articles to push their own viewpoint only. Does not mean there are no other correct viewpoints. https://tinyurl.com/kgo8bp7 |
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Mar 20 2017, 06:23 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 05:01 PM) In my previous posts, I have already said that I am not saying paper trading is no good. OK. My point was to ask after doing 8 years of paper trading, you should be having close to 100% wins with real trading after that. Except that one time, if I remember correctly, you said you lost some 3K or something on a trade - can't quite remember exactly. Such stats would thus help a newbie understand the value of it all. Do you think if you tell a newbie to paper trade first for 5 or 8 years before doing a real trade, they are going to follow? No, I wasn't asking for you actual trading profits etc. Anyway, if anyone is interested here is an article about paper trading. As I say, there are normally two side to everything. Make sure you read the user comments at the bottom to get a wider view. One of the comments say what MeToo said in an earlier post here. People generally write articles to push their own viewpoint only. Does not mean there are no other correct viewpoints. https://tinyurl.com/kgo8bp7 Got my WSS done. All fresh now. So where were we? Ah... paper trading. Look. Let's get it straight. I have encouraged paper trading for a long time. That's all. It's not that I am forcing you or anyone to take this as my gospel. Yes, everyone has different viewpoints. That's needless to say and I find rather irritating that folks constantly throws that out the minute they see a conversation going on. However, I am very strongly opinionated on paper trading. And many times, I wonder, if the folks that are against paper trading, know what exactly paper trading is? Paper trading is NOT buying any stock and continue buying any stock, and then hope to get a result. These people, know nothing what paper trading is all about. How many variations are there to trading? Bottom up trading, Breakout trading, Trend trading, scalping, day trading, wave trading blah blah blah... So many variations. Are you gonna tell me that one can read a book or go to a forum and understand how to trade a breakout? Where's the buy in point? What's the cut loss? etc etc.... Just go in trade and learn from whatever mistake you make? That's ludicrous. Downright. And no I am not giving you any stats. Yes, I made mistakes and made losses. It's normal. But I am not gonna to boast that I got something like a 600% gain on my portfolio since the last 5 years or something like that. NO. What? You want this to be another toxic forum like i3? Hey, my game stats shows I win xx% in a year. I am top 10. blah blah blah... and because MY track record is so good, whatever bullshit blog I write, that's the gospel truth. NO. That's not me. If I disappoint you, I am not gonna apologize. AND I am not selling any stat. either. Paper trading is a suggestion for newbie. You think the comments make sense, do paper trade. And yes, I still do paper trade. And just in case your forget... Yes I shall NOT give anymore stock tip. BTW do read that Livermore book. AND please I have not in any 1 post suggest that paper trading would ensure you 100% win record. That's utter crab. I am not selling any snake oil. Where and when did you see make such suggestion? And btw... Yes, I paper traded a long time. I told Gark that before. He knows. That's me. I ain't gonna to hide that fact. Emotions. LOL! I shall be polite and not reply on that. Last and not least again.... YES ... everyone has different opinions. It's just my opinion on paper trading is way toooooo strong. Ok bo? come.... your opinion I respect but you gotta respect mine too. This post has been edited by Boon3: Mar 20 2017, 06:25 PM |
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Mar 20 2017, 07:54 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 20 2017, 04:01 PM) LOL! Agree with both thumbs up You saying I got to show you my actual record before I start posting? |
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Mar 20 2017, 08:37 PM
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640 posts Joined: Jun 2013
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QUOTE(Boon3 @ Mar 20 2017, 06:23 PM) your opinion I respect but you gotta respect mine too. Yes, everyone should respect each other's opinions. |
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Mar 20 2017, 08:38 PM
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640 posts Joined: Jun 2013
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QUOTE(gark @ Mar 20 2017, 07:54 PM) Agree with both thumbs up Not sure if I got what you mean, but let me clarify. I said:QUOTE(lynetnonyma @ Mar 20 2017, 03:18 PM) You see, I ask not because I want to know how much profit you make.... Note the word "not" in there. So I wasn't asking Boon3 to tell his profits. Anyway, never mind, don't want to toxicate this thread... |
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Mar 20 2017, 09:58 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 20 2017, 07:54 PM) Agree with both thumbs up Your two big toes not in agreement?Too bad then.... |
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Mar 20 2017, 10:01 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 20 2017, 08:37 PM) Yes, everyone should respect each other's opinions. So tell me why one should not paper trade ? Let me hear your own opinions. |
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Mar 20 2017, 10:43 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 20 2017, 10:01 PM) So tell me why one should not paper trade ? Let me hear your own opinions. If we observed in the US markets, you will know what I meant. The bid and ask spread is way bigger than our Bursa and the market makers may play or give leniency to a trader when matching orders. I am not saying it is bad or stay away from paper trades but that is how I see it. |
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Mar 20 2017, 10:50 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 20 2017, 10:43 PM) Just my 0.005, from my point view, paper trading should only be used to how one is familiar with entering orders, the filling of orders and how the market works. Paper trading for too long could result in overconfidence and just delude one to think the stock market is perfect. Any other reason?If we observed in the US markets, you will know what I meant. The bid and ask spread is way bigger than our Bursa and the market makers may play or give leniency to a trader when matching orders. I am not saying it is bad or stay away from paper trades but that is how I see it. |
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Mar 21 2017, 09:48 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 20 2017, 10:43 PM) Just my 0.005, from my point view, paper trading should only be used to how one is familiar with entering orders, the filling of orders and how the market works. Paper trading for too long could result in overconfidence and just delude one to think the stock market is perfect. If we observed in the US markets, you will know what I meant. The bid and ask spread is way bigger than our Bursa and the market makers may play or give leniency to a trader when matching orders. I am not saying it is bad or stay away from paper trades but that is how I see it. Getting familiar with the trading platform, ie entering orders etc etc... Sorry but that's handbags in my opinion. Paper trading for too long could result in overconfidence and just delude one to think the stock market is perfect. I don't agree because I now believe that many have a misconception what paper trading is. Paper trading is not about randomly paper trading the hot stocks. Paper trading is for us to discover our strength and weakness in the stock market. There are so many trading methods/ways. For example: Wave trading, Breakout trading, Bottom up trading, Day trading, Scalping, Trend trading, Pattern tradings, momentum trading etc etc... Out of so many methods, how do we know what's our best trading skill? For example after paper trading for a period of time, we DISCOVER that our favorite day trading yields a 50% result and breakout trading yields a 65% result for us. With that paper trading result, we can conclude that breakout trading is our best skill set... so we formulate our market trading strategy based on our paper trading result. Make sense so far? It would be illogical if we do real trading as a day trader just because it's our favorite trading method, yes? Instead should stick to breakout trading, yes? That's our best skill set, so we use it. Make sense again? Now the question now is, how do we make this discovery that breakout trading is our best? We have to TEST OUT our trading skills yes? How are we going to test it out? Test it out by trading with real money? or test it out with fake trading? This is how I would use paper trading. And I really do not see how paper trading can be the source of over confidence. There's nothing as 100% win record in paper trading. I cannot achieve it. Back to over confidence. YES! It's DEADLY and it's a source of where mistakes are make. Sometimes BIG BIG mistakes for many. There will be days when one wins BIG in the market. After selling out the stock, trust me, the feeling is damn shiok-ka-lingam.... And one of the favorite songs to be heard ringing our ears is usually 'Believe it or not' ... Unfortunately what happens next is impulse trading ( which basically trading on HOPE )... and one would just buy the next stock due to over confidence... ie. trading on HOPE... and that's when one makes most mistakes. It's a common mistake. Those stock switching investors make it all the time. They buy the next so-called available stock just because they have the 'extra' money in their portfolio (after selling out a winner).... and these next-so-called available stock, if they look back in the future, they would realize, it's only a really average stock only. I used invest cause perhaps it's best understandable (i think)... Traders being overconfidence takes on the next trading just because it's an option (unfortunately it's never the best option).... in short... yeah... many have misconception what paper trading is all about. This post has been edited by Boon3: Mar 21 2017, 09:50 AM |
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Mar 21 2017, 10:22 AM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 21 2017, 09:48 AM) Getting familiar with the trading platform, ie entering orders etc etc... Sorry but that's handbags in my opinion. Paper trading for too long could result in overconfidence and just delude one to think the stock market is perfect. I don't agree because I now believe that many have a misconception what paper trading is. Paper trading is not about randomly paper trading the hot stocks. Paper trading is for us to discover our strength and weakness in the stock market. There are so many trading methods/ways. For example: Wave trading, Breakout trading, Bottom up trading, Day trading, Scalping, Trend trading, Pattern tradings, momentum trading etc etc... Out of so many methods, how do we know what's our best trading skill? For example after paper trading for a period of time, we DISCOVER that our favorite day trading yields a 50% result and breakout trading yields a 65% result for us. With that paper trading result, we can conclude that breakout trading is our best skill set... so we formulate our market trading strategy based on our paper trading result. Make sense so far? It would be illogical if we do real trading as a day trader just because it's our favorite trading method, yes? Instead should stick to breakout trading, yes? That's our best skill set, so we use it. Make sense again? Now the question now is, how do we make this discovery that breakout trading is our best? We have to TEST OUT our trading skills yes? How are we going to test it out? Test it out by trading with real money? or test it out with fake trading? This is how I would use paper trading. And I really do not see how paper trading can be the source of over confidence. There's nothing as 100% win record in paper trading. I cannot achieve it. Back to over confidence. YES! It's DEADLY and it's a source of where mistakes are make. Sometimes BIG BIG mistakes for many. There will be days when one wins BIG in the market. After selling out the stock, trust me, the feeling is damn shiok-ka-lingam.... And one of the favorite songs to be heard ringing our ears is usually 'Believe it or not' ... Unfortunately what happens next is impulse trading ( which basically trading on HOPE )... and one would just buy the next stock due to over confidence... ie. trading on HOPE... and that's when one makes most mistakes. It's a common mistake. Those stock switching investors make it all the time. They buy the next so-called available stock just because they have the 'extra' money in their portfolio (after selling out a winner).... and these next-so-called available stock, if they look back in the future, they would realize, it's only a really average stock only. I used invest cause perhaps it's best understandable (i think)... Traders being overconfidence takes on the next trading just because it's an option (unfortunately it's never the best option).... in short... yeah... many have misconception what paper trading is all about. Very well written indeed. So okay, let us explain on the negatives of paper trading first, because sometimes we get out from the stock market or have yet to open the trading account with the brokerage house , can nevertheless attempt to do paper trading. From my standpoint, when conducting paper trading on the day itself, maybe a stock favoured by a trader is doing so well. And it comes back to various reasons such as, good corporate earnings, speculation to news, good progress on the development of companies etc. But when we enter with real money, problems begin to surface. For this, let us to last Friday on OLYMPIA as an example. I paper traded around 13.5 within my imaginary mind. Not real money, fake. So the stock did very well right, on Monday, gilanya, it rose to 17.5, I entered another few thousand lots, once again, fake, flimsy, paper money. Wow, won a ton of fortune. Having amassed with delusion, being very high and greedy on the stock, I entered 19.5 today as at this posting, this time, real, hard, cash. I think it will hit 22 today, well, let us take a bet. As of this writing, 17.5. So, somewhere is wrong right? Stock or greed problem. While I agree, to the above as you mentioned that we can test new methods out and pattern day trading (yes, in fact I am practicing NYSE/CBOE options before playing for real as a starter.), as traders, we need to test waters first before just jumping in. But what above that instinct one has, the willingness to jump in if one has "hope". Yes, the "hope" is really a dangerous word in the stock market world. It is akin to saying, "gambling ones wealth". This discussion would seem very fitting as Bursa continues to sky-rocket new records on trading volumes and gives similar flashbacks to 2014. It is something that everyone as to be wary of. For ones information, I got scared of entering some of Bursa's currently mouthwatering shares that one's share would melt into one's mouth. Examples include DATAPREP, IWCITY and as mentioned OLYMPIA. Made a fortune, in a paper trading world but of course, if I gamble all now, real money, I will be a huge loser. So I do not know where it goes. But as mentioned before, paper trading is good for testing out strategies but not for a source of delusion and when one becomes delusional, that person's mind disappears into oblivion. Whew, that is some one long post I have done in a long time. |
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Mar 21 2017, 10:51 AM
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Senior Member
4,821 posts Joined: Mar 2009
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while you guys debate on paper trading, the grown ups are making real money in stock market.
This post has been edited by lowya: Mar 21 2017, 10:54 AM |
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Mar 21 2017, 10:56 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 21 2017, 10:22 AM) Fuyoh, that is some very long explanation, opinion here. Very well written indeed. So okay, let us explain on the negatives of paper trading first, because sometimes we get out from the stock market or have yet to open the trading account with the brokerage house , can nevertheless attempt to do paper trading. From my standpoint, when conducting paper trading on the day itself, maybe a stock favoured by a trader is doing so well. And it comes back to various reasons such as, good corporate earnings, speculation to news, good progress on the development of companies etc. But when we enter with real money, problems begin to surface. For this, let us to last Friday on OLYMPIA as an example. I paper traded around 13.5 within my imaginary mind. Not real money, fake. So the stock did very well right, on Monday, gilanya, it rose to 17.5, I entered another few thousand lots, once again, fake, flimsy, paper money. Wow, won a ton of fortune. Having amassed with delusion, being very high and greedy on the stock, I entered 19.5 today as at this posting, this time, real, hard, cash. I think it will hit 22 today, well, let us take a bet. As of this writing, 17.5. So, somewhere is wrong right? Stock or greed problem. While I agree, to the above as you mentioned that we can test new methods out and pattern day trading (yes, in fact I am practicing NYSE/CBOE options before playing for real as a starter.), as traders, we need to test waters first before just jumping in. But what above that instinct one has, the willingness to jump in if one has "hope". Yes, the "hope" is really a dangerous word in the stock market world. It is akin to saying, "gambling ones wealth". This discussion would seem very fitting as Bursa continues to sky-rocket new records on trading volumes and gives similar flashbacks to 2014. It is something that everyone as to be wary of. For ones information, I got scared of entering some of Bursa's currently mouthwatering shares that one's share would melt into one's mouth. Examples include DATAPREP, IWCITY and as mentioned OLYMPIA. Made a fortune, in a paper trading world but of course, if I gamble all now, real money, I will be a huge loser. So I do not know where it goes. But as mentioned before, paper trading is good for testing out strategies but not for a source of delusion and when one becomes delusional, that person's mind disappears into oblivion. Whew, that is some one long post I have done in a long time. Good fingering exercise eh? I do actually understand your point. The thing about it or Olympia is, this is a straight punting like exercise done via paper/fake/imaginary trading. When we trade, what we want to achieve, or rather what I want to achieve basically is REPETITION. Yes, trading on hot penny stocks is one method which should be explored extensively on paper trading. Who knows, this might be our skill set. I know this uncle... He trades every year just around the CNY period. Sometimes a month before... Sometimes during... Sometimes before and after... All depending on the market... and he just punts... the amazing thing is he can replicate his success each year. Plain luck? or is there some skills involved with it. He told me, he used to be a long term investor. Did it many years but judging from the stocks he mentioned (like Sime la, DRB la etc, etc) I can understand why he did not have much success on it. He has developed a good system on punting but he will never disclose his method. LOL. Anyway, back to paper trading and punting ... How do we know we are a good punter or not? Should we take out real money and try? If we make it... good. If we fail... errr.... how much tuition fees can we afford to lose in punting? Or should we maybe test it out extensively via paper trading? Discover and develop our method... How are we going to punt the stock? Follow tips? Follow spike in volumes in penny stocks? Follow the chart? etc etc.... there's just so many ways to punt... If we fail... it's just time and effort (hey, make money also need to put in time and effort ma) ....we move on. Back to Olympia example. Won 2 days... with fake punting/day trade style... and the 3rd day dived in with real money? WOW! LOL! Yes I can imagine things like this would happen. But I would blame the user. That's reckless already lor. From 13.5 sen... to 19.5 sen.... ? Real money or not.... If it was me... if I was paper trading to discover IF day trading on punting stocks is a method for me or not... I would put the following remark on my 555 paper trading book... 'How many continuous days can I day trade on a same stock?' That needs to be tested before diving in with real money. |
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Mar 21 2017, 11:30 AM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(Boon3 @ Mar 20 2017, 10:01 PM) So tell me why one should not paper trade ? Let me hear your own opinions. You obviously believe it is the best way to go, as can be seen from how strongly you feel and defend it. Your advice to newbies to do it is welcome. I don't think many will do it like you have for years and years before they get into the real trading though. |
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Mar 21 2017, 11:44 AM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(lowya @ Mar 21 2017, 10:51 AM) while you guys debate on paper trading, the grown ups are making real money in stock market. That's funny lowya, given that this current discussion was pretty much started off by your post #246... |
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Mar 21 2017, 12:16 PM
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2,906 posts Joined: May 2015
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QUOTE(lowya @ Mar 21 2017, 10:51 AM) while you guys debate on paper trading, the grown ups are making real money in stock market. Some of my trades are real money. Just that in this time of time, I became so "rambang mata", do not know which stock to go or not to go. On Friday's Trading At Last session, I had to pick between Foundpac or Dataprep, I went to Foundpac instead. See what happen after that Friday. Susah like that to pick which is what. And since we are in our fantasy, perfect world, hence paper trading. But nothing wrong discussing about that, some of us had to go back to the drawing board by paper trading. |
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Mar 21 2017, 12:16 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 21 2017, 11:30 AM) I've said before, I'm not saying paper trade is not good. If it helps you succeed, good for you. Lol!You obviously believe it is the best way to go, as can be seen from how strongly you feel and defend it. Your advice to newbies to do it is welcome. I don't think many will do it like you have for years and years before they get into the real trading though. It's not how strong i defend it but what makes logical sense. So you got any good reason why one should not paper trade? Share la.... I got much free time these few days. |
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Mar 21 2017, 12:20 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 21 2017, 12:16 PM) Some of my trades are real money. Just that in this time of time, I became so "rambang mata", do not know which stock to go or not to go. On Friday's Trading At Last session, I had to pick between Foundpac or Dataprep, I went to Foundpac instead. See what happen after that Friday. Susah like that to pick which is what. Lol. He was just trolling and yes, I fed the troll. And since we are in our fantasy, perfect world, hence paper trading. But nothing wrong discussing about that, some of us had to go back to the drawing board by paper trading. And for your info.... I still paper trade. This is what I use to keep on improving. |
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Mar 21 2017, 12:33 PM
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Senior Member
4,821 posts Joined: Mar 2009
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QUOTE(lynetnonyma @ Mar 21 2017, 11:44 AM) That's funny lowya, given that this current discussion was pretty much started off by your post #246... yea funny how the debate started like page 1? |
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Mar 21 2017, 01:02 PM
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2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 21 2017, 12:20 PM) Lol. He was just trolling and yes, I fed the troll. I think we all fed the troll. And for your info.... I still paper trade. This is what I use to keep on improving. But no matter, healthy discussions are always welcome around so all of us can improve. |
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Mar 21 2017, 01:20 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 21 2017, 01:02 PM) I think we all fed the troll. But no matter, healthy discussions are always welcome around so all of us can improve. Fingering exercises. |
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Mar 21 2017, 01:57 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(Boon3 @ Mar 21 2017, 12:16 PM) Lol! Not sure how many more times I must say, I did not say you must not paper trade. Please understand that.It's not how strong i defend it but what makes logical sense. So you got any good reason why one should not paper trade? Share la.... I got much free time these few days. I posted a link to an article in an earlier post about paper trading. Go read that. Got some comments at the bottom by users. As I always say, there is good and bad to everything. Pros and cons. You have made it clear you don't think people should pay tuition fees, which can be avoided by paper trading first. Yes, good advice. If people want to take it, let them. If people don't want to listen, and they want to pay tuition fees, let them. It is not your responsibility. Unless they are your kids or something. |
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Mar 21 2017, 02:00 PM
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Senior Member
640 posts Joined: Jun 2013
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QUOTE(lowya @ Mar 21 2017, 12:33 PM) yea funny how the debate started like page 1? As I wrote, I used the word "current". Never mind lowya, not blaming you, just pointing out only. |
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Mar 21 2017, 02:44 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(lynetnonyma @ Mar 21 2017, 01:57 PM) Not sure how many more times I must say, I did not say you must not paper trade. Please understand that. Hahaha.... ok la ....i sitop here la.I posted a link to an article in an earlier post about paper trading. Go read that. Got some comments at the bottom by users. As I always say, there is good and bad to everything. Pros and cons. You have made it clear you don't think people should pay tuition fees, which can be avoided by paper trading first. Yes, good advice. If people want to take it, let them. If people don't want to listen, and they want to pay tuition fees, let them. It is not your responsibility. Unless they are your kids or something. |
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Mar 21 2017, 02:58 PM
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Senior Member
2,955 posts Joined: Sep 2009
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QUOTE(Boon3 @ Mar 21 2017, 10:56 AM) Good fingering exercise eh? I do actually understand your point. The thing about it or Olympia is, this is a straight punting like exercise done via paper/fake/imaginary trading. When we trade, what we want to achieve, or rather what I want to achieve basically is REPETITION. Yes, trading on hot penny stocks is one method which should be explored extensively on paper trading. Who knows, this might be our skill set. I know this uncle... He trades every year just around the CNY period. Sometimes a month before... Sometimes during... Sometimes before and after... All depending on the market... and he just punts... the amazing thing is he can replicate his success each year. Plain luck? or is there some skills involved with it. He told me, he used to be a long term investor. Did it many years but judging from the stocks he mentioned (like Sime la, DRB la etc, etc) I can understand why he did not have much success on it. He has developed a good system on punting but he will never disclose his method. LOL. Anyway, back to paper trading and punting ... How do we know we are a good punter or not? Should we take out real money and try? If we make it... good. If we fail... errr.... how much tuition fees can we afford to lose in punting? Or should we maybe test it out extensively via paper trading? Discover and develop our method... How are we going to punt the stock? Follow tips? Follow spike in volumes in penny stocks? Follow the chart? etc etc.... there's just so many ways to punt... If we fail... it's just time and effort (hey, make money also need to put in time and effort ma) ....we move on. Back to Olympia example. Won 2 days... with fake punting/day trade style... and the 3rd day dived in with real money? WOW! LOL! Yes I can imagine things like this would happen. But I would blame the user. That's reckless already lor. From 13.5 sen... to 19.5 sen.... ? Real money or not.... If it was me... if I was paper trading to discover IF day trading on punting stocks is a method for me or not... I would put the following remark on my 555 paper trading book... 'How many continuous days can I day trade on a same stock?' That needs to be tested before diving in with real money. Btw, seeing these current warrants such as AMMEDIA WA shooting up by 100% makes me feel deeply disadvantaged that i dont have a crystal ball to be able to predict such price movements  |
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Mar 21 2017, 03:06 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(shankar_dass93 @ Mar 21 2017, 02:58 PM) That is one long explanation. I believe that if one wants to be good in the market...Btw, seeing these current warrants such as AMMEDIA WA shooting up by 100% makes me feel deeply disadvantaged that i dont have a crystal ball to be able to predict such price movements One needs to possess the ability to ignore other peoples big winnings. Cannot win everything one ma..... Learn to let go. Just concentrate on ourselves. |
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Mar 21 2017, 03:14 PM
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Senior Member
2,955 posts Joined: Sep 2009
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QUOTE(Boon3 @ Mar 21 2017, 03:06 PM) I believe that if one wants to be good in the market... Agreed bro. But just thinking of the fact of missing the opportunity to make big just go by ain't funOne needs to possess the ability to ignore other peoples big winnings. Cannot win everything one ma..... Learn to let go. Just concentrate on ourselves. |
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Mar 22 2017, 09:34 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(shankar_dass93 @ Mar 21 2017, 03:14 PM) Agreed bro. But just thinking of the fact of missing the opportunity to make big just go by ain't fun LOL!Missing the opportunity will always happen laaaaa...... There's a saying .... There's always a pretty gal around the corner.... So how many can you sapu (.... is this the right word to use? ) ???? |
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Mar 22 2017, 09:48 AM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 21 2017, 03:06 PM) I believe that if one wants to be good in the market... I totally have to really agree with you.One needs to possess the ability to ignore other peoples big winnings. Cannot win everything one ma..... Learn to let go. Just concentrate on ourselves. Sometimes we miss but they win by a big margin. Let us say a market crash is coming, one will only know that it could be our turn to win and they lose. Sometimes winning, sometimes losing, even could be not our turn yet. That is why there is a term called "rotational play". |
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Mar 22 2017, 10:12 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 22 2017, 09:48 AM) I totally have to really agree with you. The ability to control emotions very important in the market.Sometimes we miss but they win by a big margin. Let us say a market crash is coming, one will only know that it could be our turn to win and they lose. Sometimes winning, sometimes losing, even could be not our turn yet. That is why there is a term called "rotational play". Me? I am almost like a kayu. LOL! Nothing gets to me - it never bothers me if I see a stock jumps up few hundred percent. Guess it helps that since I .... 1. understand if the stock is not in my wheelhouse, so be it. I never bother if an ultra penny stock rises few hundred percent. It's not my game. 2. Ah.... it goes back to paper trading (argh oh no! )During the period when I was paper trading... it never bothers me... if the stock I am paper trading went up fifty or hundred percent and that I have zero real money in it. This is because I understand I am in the training period. Whatever happens in the market, c'est la vie. And also if the market is bullish and I am only paper trading, it's yet again c'est la vie for me. I am not ready for the market. I am training. Que sera sera. This is why I handle missed opportunities rather OK. |
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Mar 22 2017, 11:52 AM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 22 2017, 10:12 AM) The ability to control emotions very important in the market. That is a good thing.Me? I am almost like a kayu. LOL! Nothing gets to me - it never bothers me if I see a stock jumps up few hundred percent. Guess it helps that since I .... 1. understand if the stock is not in my wheelhouse, so be it. I never bother if an ultra penny stock rises few hundred percent. It's not my game. 2. Ah.... it goes back to paper trading (argh oh no! )During the period when I was paper trading... it never bothers me... if the stock I am paper trading went up fifty or hundred percent and that I have zero real money in it. This is because I understand I am in the training period. Whatever happens in the market, c'est la vie. And also if the market is bullish and I am only paper trading, it's yet again c'est la vie for me. I am not ready for the market. I am training. Que sera sera. This is why I handle missed opportunities rather OK. Of course, sometimes I get frustrated because a stock I spotted before all start to fly up till it hits space even though there were signs. But to me as we see today, most important, make money when markets fall because if one can make or survive without having their portfolio down into the ditch, surely juggling in the bull market would not be any problem. And paper trading, how did I forget that? Paper trading's important when we want to come and beat down the market. But as mentioned before, paper trading should be used to test strategies, not to have no faith in picking shares "one thinks will go up", and only join when it hits the climax. Missed opportunities come and go, it is up to an investor or in this case, traders to take it or leave it. |
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Mar 22 2017, 04:29 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 22 2017, 11:52 AM) That is a good thing. LOL! Of course, sometimes I get frustrated because a stock I spotted before all start to fly up till it hits space even though there were signs. But to me as we see today, most important, make money when markets fall because if one can make or survive without having their portfolio down into the ditch, surely juggling in the bull market would not be any problem. And paper trading, how did I forget that? Paper trading's important when we want to come and beat down the market. But as mentioned before, paper trading should be used to test strategies, not to have no faith in picking shares "one thinks will go up", and only join when it hits the climax. Missed opportunities come and go, it is up to an investor or in this case, traders to take it or leave it. You did not forget eh? How about you chose err... 5 different stocks... ? I pick one and then I show you how I might do another live paper trade? All talk ayam and no show ayam also no use, yes? |
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Mar 23 2017, 11:44 AM
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2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 22 2017, 04:29 PM) LOL! I use my siggy as my chosen stocks, how about that? You did not forget eh? How about you chose err... 5 different stocks... ? I pick one and then I show you how I might do another live paper trade? All talk ayam and no show ayam also no use, yes? |
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Mar 23 2017, 02:20 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 23 2017, 11:44 AM) I use my siggy as my chosen stocks, how about that? Hahahahaha!Todau busy. Later this evening i go 6c. |
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Mar 23 2017, 04:54 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(Boon3 @ Mar 23 2017, 02:20 PM) Woaaaaaaaaaaaaahhhhhh!!!Lalat!!!! I saw! |
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Mar 23 2017, 06:14 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 23 2017, 04:54 PM) Woaaaaaaaaaaaaahhhhhh!!! Haha, once again paper money, fake but it could have been the real deal. I'll swap some in the coming days.Lalat!!!! I saw! |
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Mar 23 2017, 09:46 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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Hi Boon, any comments on the latest quarter of VIS?
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Mar 23 2017, 09:48 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 23 2017, 06:14 PM) Haha, once again paper money, fake but it could have been the real deal. I'll swap some in the coming days. Out of the list, let me try if I can do one fake trading with BDB.  *** note: I keep the above screen shot in my 555. Important to note what I was looking at before/during/after *** This has the possibility of a bullish flag breakout in the making. Stock rams up on a combination of good news + impressive set of profits on 14th. (got some consolidation diividend) Notes to myself... This was a coma-tic and a loosy traded stock. Once the combo of good news hit, it flew... 'Assuming' the potential upside... I shall wait for the consolidation/retracement/pull back to happen.... Which is typical of a bullish flag trading.... CANNOT jump the gun... Wait for the retracement to finish... Wait for the breakout of 81 sen.... So meantime.... do no nothing but wait... Put the stock into the stock alert.... ..... to be continued ................. This post has been edited by Boon3: Mar 23 2017, 09:50 PM |
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Mar 23 2017, 09:54 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(twhong_91 @ Mar 23 2017, 09:46 PM) Hi Boon, any comments on the latest quarter of VIS? The results is impressive....however..... u might want to take into consideration that the stock jumped like hell today.... which means.... you cannot discount the possibility that the stock pulling back tomorrow... You have done well la... Your cost around 56? |
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Mar 23 2017, 10:03 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(Boon3 @ Mar 23 2017, 09:54 PM) The results is impressive.... yup around 56. u still remembered. impressive ah boon however..... u might want to take into consideration that the stock jumped like hell today.... which means.... you cannot discount the possibility that the stock pulling back tomorrow... You have done well la... Your cost around 56? |
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Mar 24 2017, 12:23 AM
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Senior Member
2,955 posts Joined: Sep 2009
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QUOTE(Boon3 @ Mar 22 2017, 09:34 AM) LOL! Lol brother, I'm really starting to like the examples that you give.Missing the opportunity will always happen laaaaa...... There's a saying .... There's always a pretty gal around the corner.... So how many can you sapu (.... is this the right word to use? ) ????Now you should know why i considered you to be my Sifu. Cheers |
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Mar 24 2017, 06:42 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(shankar_dass93 @ Mar 24 2017, 12:23 AM) Lol brother, I'm really starting to like the examples that you give. .......in all the king fu movies that i can remember, the sifu usually die one...........Now you should know why i considered you to be my Sifu. Cheers I do not want to die ..................... so please no sifu sifu here |
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Mar 24 2017, 07:11 AM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 24 2017, 06:42 AM) .......in all the king fu movies that i can remember, the sifu usually die one........... Ip man no die isnt it? lolI do not want to die ..................... so please no sifu sifu here |
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Mar 24 2017, 07:45 AM
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Junior Member
429 posts Joined: May 2015
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which is the best way to invest on share ?
some use chart, some use financial report, dividend, pe, dy some use fundamental of company, some use speculate, some dont care, follow volumn, every one also know that theory is buy low sell high, but who know when is the time to buy low and sell high while the market is unpredictable ? bullish, bearish, ? just wonder, no right no wrong answer de.. |
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Mar 24 2017, 08:34 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(dontlosecapital @ Mar 24 2017, 07:45 AM) which is the best way to invest on share ? I wonder ...... some use chart, some use financial report, dividend, pe, dy some use fundamental of company, some use speculate, some dont care, follow volumn, every one also know that theory is buy low sell high, but who know when is the time to buy low and sell high while the market is unpredictable ? bullish, bearish, ? just wonder, no right no wrong answer de.. why on earth would you post such a question on a traders thread? Do you wonder if traders know the best way to invest in a share? |
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Mar 24 2017, 08:36 AM
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Junior Member
429 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 24 2017, 08:34 AM) I wonder ...... know the best way but not guarantee the best return right ? why on earth would you post such a question on a traders thread? Do you wonder if traders know the best way to invest in a share? |
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Mar 24 2017, 08:47 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(dontlosecapital @ Mar 24 2017, 08:36 AM) know the best way but not guarantee the best return right ? What are you even talking about?Please READ the very first posting. |
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Mar 24 2017, 11:05 AM
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All Stars
15,942 posts Joined: Jun 2008
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gark
Ascending triangle breakout. |
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Mar 24 2017, 11:12 AM
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Junior Member
429 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 24 2017, 08:47 AM) What are you even talking about? okay okay,Please READ the very first posting. i dont reply anymore. |
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Mar 24 2017, 11:26 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(dontlosecapital @ Mar 24 2017, 11:12 AM) okay okay, If you want to talk about trading stuff, you are more than welcomed.i dont reply anymore. Last time, there were no Investors Club. So people jumped into the Trader's Kopitiam and talked. Which doesn't really bother since traders do trade based on fundamentals but it got out of hand when some half baked investors started talking ayam. Which is why i decided to let them have the thread (can't understand why they do no want to start of their own) and me create a sole trading thread. Now the question you asked... Which is the best way to invest... How exactly did you want me to answer you? Give you an answer that you do not want to hear? For example, why are you even in the share market when clearly you are not ready? Lose while you learn? Etc etc.. You want me to start a traders vs investors debate ah? I rather go watch a movie dude.... Peace This post has been edited by Boon3: Mar 24 2017, 11:27 AM |
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Mar 24 2017, 11:49 AM
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Junior Member
429 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 24 2017, 11:26 AM) If you want to talk about trading stuff, you are more than welcomed. i come here to learn, and ask,Last time, there were no Investors Club. So people jumped into the Trader's Kopitiam and talked. Which doesn't really bother since traders do trade based on fundamentals but it got out of hand when some half baked investors started talking ayam. Which is why i decided to let them have the thread (can't understand why they do no want to start of their own) and me create a sole trading thread. Now the question you asked... Which is the best way to invest... How exactly did you want me to answer you? Give you an answer that you do not want to hear? For example, why are you even in the share market when clearly you are not ready? Lose while you learn? Etc etc.. You want me to start a traders vs investors debate ah? I rather go watch a movie dude.... Peace u get so piss off , angry for what... want debate somemore @_@" .. i post at wrong thread lah... sorry . |
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Mar 24 2017, 11:56 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(dontlosecapital @ Mar 24 2017, 11:49 AM) i come here to learn, and ask, Lol.u get so piss off , angry for what... want debate somemore @_@" .. i post at wrong thread lah... sorry . If that's the case..... bye. |
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Mar 24 2017, 12:21 PM
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Senior Member
2,955 posts Joined: Sep 2009
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QUOTE(Boon3 @ Mar 24 2017, 06:42 AM) .......in all the king fu movies that i can remember, the sifu usually die one........... You're different, you're immortalI do not want to die ..................... so please no sifu sifu here |
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Mar 24 2017, 12:23 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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Mar 24 2017, 02:01 PM
Show posts by this member only | IPv6 | Post
#328
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Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland
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QUOTE(Boon3 @ Mar 24 2017, 11:26 AM) If you want to talk about trading stuff, you are more than welcomed. unker boon mai angry. I also don't understand what he trying to ask.Last time, there were no Investors Club. So people jumped into the Trader's Kopitiam and talked. Which doesn't really bother since traders do trade based on fundamentals but it got out of hand when some half baked investors started talking ayam. Which is why i decided to let them have the thread (can't understand why they do no want to start of their own) and me create a sole trading thread. Now the question you asked... Which is the best way to invest... How exactly did you want me to answer you? Give you an answer that you do not want to hear? For example, why are you even in the share market when clearly you are not ready? Lose while you learn? Etc etc.. You want me to start a traders vs investors debate ah? I rather go watch a movie dude.... Peace "No matter it is a black cat or white cat, as long as the cat catch rat it is a good cat" |
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Mar 24 2017, 03:02 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 24 2017, 11:05 AM) gark 2 prices not even traded ni, adoiAscending triangle breakout. |
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Mar 24 2017, 03:14 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 24 2017, 12:23 PM) So many mosquitos on your forehead? |
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Mar 24 2017, 03:15 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 24 2017, 03:02 PM) 2 prices not even traded ni, adoi Adoi....Why you simply follow? Me and Ah Gark tok ayam only ..... |
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Mar 24 2017, 03:18 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 24 2017, 03:14 PM) Damn !!! someone still dont understand apa trader objectiveSo many mosquitos on your forehead? |
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Mar 24 2017, 03:35 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 24 2017, 03:15 PM) Adoi.... Lol tarak follow also. Boleh paper trade also maWhy you simply follow? Me and Ah Gark tok ayam only ..... Edit: wanna improve my S/R trading This post has been edited by hehe86: Mar 24 2017, 03:36 PM |
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Mar 24 2017, 06:52 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 24 2017, 11:05 AM) gark Baru saw this... Good. Ascending triangle breakout. I think Q report coming... Or i salah faham... Hmmm This post has been edited by gark: Mar 24 2017, 06:53 PM |
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Mar 24 2017, 07:26 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 24 2017, 03:18 PM) someone still dont understand apa trader objective Actually it was never a big deal for me last time.... But now....asking traders what's the best way to invest?? Is he trolling us or what? |
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Mar 24 2017, 07:28 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 24 2017, 03:35 PM) Lol tarak follow also. Boleh paper trade also ma Hahaha...make sure it's just paper trading. Edit: wanna improve my S/R trading Why you so hung up on S&R ? Do you really see me use such stuff? |
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Mar 24 2017, 07:29 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 24 2017, 07:28 PM) Hahaha...make sure it's just paper trading. Haha itu you ma. I find it chart pattern quite subjective for me. So far S/R makes the most sense to me. So gonna try to stick with it and see how it goes looooooooooooooooWhy you so hung up on S&R ? Do you really see me use such stuff? Edit: Either breakout or S/R rejection see which one works better for 'me' lol This post has been edited by hehe86: Mar 24 2017, 07:44 PM |
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Mar 24 2017, 07:30 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 24 2017, 06:52 PM) Baru saw this... Good. Wait.. u baru see what?I think Q report coming... Or i salah faham... Hmmm The last time the line was at 26. Closed 27. |
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Mar 24 2017, 07:44 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 24 2017, 07:29 PM) Haha itu you ma. I find it chart pattern quite subjective for me. So far S/R makes the most sense to me. So gonna try to stick with it and see how it goes loooooooooooooooo For S&R, what's your play target? The R? |
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Mar 24 2017, 07:47 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 24 2017, 07:26 PM) Actually it was never a big deal for me last time.... he not suitable in stock market sure confuse about trader and investor end up lose alot moneyBut now....asking traders what's the best way to invest?? Is he trolling us or what? |
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Mar 24 2017, 07:50 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 24 2017, 07:44 PM) For S&R, what's your play target? Either breakout or S/R rejection plays. In this case is a breakout play loThe R? |
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Mar 24 2017, 07:58 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 24 2017, 07:30 PM) Wait.. u baru see what? Small jump only what.. this stock not so active one.The last time the line was at 26. Closed 27. Announced good divvy tho... |
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Mar 24 2017, 08:18 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 24 2017, 07:58 PM) Small jump only what.. this stock not so active one. Small jump only?Announced good divvy tho... LOL! What? You want it to break out of the triangle with one mighty leap and jumped over the budda wall? So greedy meh?  |
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Mar 24 2017, 09:11 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Mar 23 2017, 09:48 PM) Out of the list, let me try if I can do one fake trading with BDB. *** note: I keep the above screen shot in my 555. Important to note what I was looking at before/during/after *** This has the possibility of a bullish flag breakout in the making. Stock rams up on a combination of good news + impressive set of profits on 14th. (got some consolidation diividend) Notes to myself... This was a coma-tic and a loosy traded stock. Once the combo of good news hit, it flew... 'Assuming' the potential upside... I shall wait for the consolidation/retracement/pull back to happen.... Which is typical of a bullish flag trading.... CANNOT jump the gun... Wait for the retracement to finish... Wait for the breakout of 81 sen.... So meantime.... do no nothing but wait... Put the stock into the stock alert.... ..... to be continued ................. I reckon that with the technical advantage as well as fundamental, we will most likely see the graph move upwards to the 90 and RM1 range within the coming months, weeks or even days! This was the exact graph that we can see stocks like AAX and Air Asia once before. However, another to note that it could be a bull trap in which as you said we have to observe over the coming days. I reckon if it gets two green bars or an Marubozu breakout, it would really mend well for the graph. |
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Mar 25 2017, 10:08 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Mar 24 2017, 09:11 PM) Sorry I was real busy today. Thanks for the upload of the graph. Just realized that it 'could' be tricky for the 'short' term trader cos the dividend should be ex really soon.I reckon that with the technical advantage as well as fundamental, we will most likely see the graph move upwards to the 90 and RM1 range within the coming months, weeks or even days! This was the exact graph that we can see stocks like AAX and Air Asia once before. However, another to note that it could be a bull trap in which as you said we have to observe over the coming days. I reckon if it gets two green bars or an Marubozu breakout, it would really mend well for the graph. So this should complicated stuff just a little bit. Which means if I want to paper trade it, I have to make up my mind soon... See not so easy eh? I don't simply whack just cos it's all fake trading. |
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Mar 27 2017, 09:07 AM
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All Stars
15,942 posts Joined: Jun 2008
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lalat
Faked it at 805. |
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Mar 27 2017, 09:18 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 24 2017, 07:58 PM) Small jump only what.. this stock not so active one. Small what?Announced good divvy tho... |
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Mar 27 2017, 10:15 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 27 2017, 09:18 AM) Small what? Today ok lah performance, ada oomph sikit IMHO this stock still have ways to go, current PE, growth, DY, ROE does not justify the price. Best way to gauge the stock is to look at Harta, which announce QR 1 month earlier, providing sneak peak into possible results. This is this counter's cheat sheet. Why Harta? Because they use exactly the same raw materials and mostly export market. » Click to show Spoiler - click again to hide... « |
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Mar 27 2017, 11:04 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 27 2017, 10:15 AM) Today ok lah performance, ada oomph sikit LOL !!! IMHO this stock still have ways to go, current PE, growth, DY, ROE does not justify the price. Best way to gauge the stock is to look at Harta, which announce QR 1 month earlier, providing sneak peak into possible results. This is this counter's cheat sheet. Why Harta? Because they use exactly the same raw materials and mostly export market. » Click to show Spoiler - click again to hide... « Never puas hati. Whole day life want to check up on me. Me do important meh? Must show u me lepot card one ah? |
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Mar 27 2017, 11:09 AM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 27 2017, 11:04 AM) LOL !!! Boon, BDB moving the way you wanted?Never puas hati. Whole day life want to check up on me. Me do important meh? Must show u me lepot card one ah? |
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Mar 27 2017, 11:16 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 27 2017, 11:04 AM) LOL !!! Hehehe I tell you all my counters mah.. Never puas hati. Whole day life want to check up on me. Me do important meh? Must show u me lepot card one ah? |
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Mar 27 2017, 11:23 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 27 2017, 11:16 AM) Hehehe I tell you all my counters mah.. Correct !So using this very same methodology... Since I told you nothing.... Therefor...... My performance is zero percent. Correct? That fake trade on Insas. It's a cut for me at 91. Don't like what I see. Typical holding share movement. See? Not good hor.......... |
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Mar 27 2017, 11:32 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 27 2017, 11:23 AM) Correct ! Cut at 91, still make 'paper' profit what.... So using this very same methodology... Since I told you nothing.... Therefor...... My performance is zero percent. Correct? That fake trade on Insas. It's a cut for me at 91. Don't like what I see. Typical holding share movement. See? Not good hor.......... |
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Mar 27 2017, 11:37 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 27 2017, 11:32 AM) Cut at 91, still make 'paper' profit what.... This is failed la...... |
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Mar 27 2017, 11:44 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 27 2017, 11:09 AM) Boon, BDB moving the way you wanted? Kinda moving as expected.The ooomph is not really there which is expected due to the incoming dividend.... So if i wanted to be in... I would be buying at 805. Ps. All fake one hor........ |
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Mar 27 2017, 02:49 PM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 27 2017, 11:44 AM) Kinda moving as expected. No worry on me. For me, I prefer to buy on breakout. Am sure you have the same view?The ooomph is not really there which is expected due to the incoming dividend.... So if i wanted to be in... I would be buying at 805. Ps. All fake one hor........ |
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Mar 27 2017, 03:25 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 27 2017, 11:37 AM) This is failed la...... Hmm i thought 895 still a previous breakout price, so wouldn't you hold at least it drops back to 895? But those few orevious candlestick not so pretty though. I normally would still maintain my SL and only trail once a price structure has been formed. Hmm |
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Mar 27 2017, 04:40 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 27 2017, 02:49 PM) No worry on me. For me, I prefer to buy on breakout. Am sure you have the same view? That would have been the preferred choice but I took into consideration of the div that would go ex on 28th. |
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Mar 27 2017, 04:44 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 27 2017, 03:25 PM) Hmm i thought 895 still a previous breakout price, so wouldn't you hold at least it drops back to 895? But those few orevious candlestick not so pretty though. I normally would still maintain my SL and only trail once a price structure has been formed. Hmm From my learning pasts...I have always preferred to be in control of my trades. I did not like the way the stock was trading after I entered. Tarak ommph.... And also taking into consideration of HOLDING COMPANIES ( I cannot STRESS how important this issue is) ... and the history of Insas, as a stock.... I am not comfortable at all with how the stock was trading.... and NO i do not believe in letting FATE decide the success of my trading.... anyway.... again that's me.... (u seem to want to follow me exact... this is a no-no la ) |
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Mar 27 2017, 04:59 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 27 2017, 04:44 PM) From my learning pasts... Ok so the main point is to also take note of the company's stock pattern/behavior tooI have always preferred to be in control of my trades. I did not like the way the stock was trading after I entered. Tarak ommph.... And also taking into consideration of HOLDING COMPANIES ( I cannot STRESS how important this issue is) ... and the history of Insas, as a stock.... I am not comfortable at all with how the stock was trading.... and NO i do not believe in letting FATE decide the success of my trading.... anyway.... again that's me.... (u seem to want to follow me exact... this is a no-no la ) Follow u... I will follow u... No matter where may go... I follow I follow I follow lalalala No la, wanna know what's your thought process behind that only lo. Dont think too much |
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Mar 27 2017, 06:16 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 27 2017, 04:59 PM) Ok so the main point is to also take note of the company's stock pattern/behavior too NO.Follow u... I will follow u... No matter where may go... I follow I follow I follow lalalala No la, wanna know what's your thought process behind that only lo. Dont think too much LOL! You are not gonna improve if like that. Now go use your S/R thing... How would you continue this trade? |
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Mar 27 2017, 06:39 PM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 27 2017, 06:16 PM) NO. Err.. No to which part? Haha, you're referring to I shouldn't use stock's past behavior into consideration?LOL! You are not gonna improve if like that. Now go use your S/R thing... How would you continue this trade? Well i did state my pov earlier, which was the price still above it's previous resistance/high, so normally would not exit yet, either maintain SL or move to breakeven. So wanna take note if i take into the stock past behavior how would i tweak/improve into my current method loooo |
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Mar 27 2017, 07:36 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 27 2017, 06:39 PM) Err.. No to which part? Haha, you're referring to I shouldn't use stock's past behavior into consideration? Well i did state my pov earlier, which was the price still above it's previous resistance/high, so normally would not exit yet, either maintain SL or move to breakeven. So wanna take note if i take into the stock past behavior how would i tweak/improve into my current method loooo  Well make your own screenshot... and write down ..... your 'new' plans for the stock. |
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Mar 27 2017, 08:16 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(Boon3 @ Mar 23 2017, 09:54 PM) The results is impressive.... twhong_91however..... u might want to take into consideration that the stock jumped like hell today.... which means.... you cannot discount the possibility that the stock pulling back tomorrow... Have you reviewed your position? When you first asked... we were looking at the below....  The uptrend was FIRMLY in place.... logically... waiting for the Q result was the ideal.... but then on the day of the report.... it went crazy...... it jumped like hell....  like I said.... we cannot discount the possibility of the stock pulling back....  so pulled back it did.... which means.... we are looking at a blow off top scenario.... perhaps this article might help.... http://www.guppytraders.com/gup345.shtml QUOTE The blow-off top is a buying climax. It develops as the end of a prolonged uptrend. It signals a change in the nature of the trend and shows a buying frenzy. It has three features. The first is a dramatic increase in volume. This is a clear and unambiguous volume spike The second is a dramatic increase in price. This is a bubble in price. The price activity near the volume spike is fast, and rises well above the previous trend behaviour. It may also include a substantial increase in the intraday volatility of price. The third is the failure to hold the highs of the day. The blow-off top gaps above the previous days close, and may even rise higher in the first hour of trading. However the rise is defeated with steady selling. The close is well below the open and the close is near the low of the day. Often the range of the price bar is significantly larger than any preceding days. The fast rise and its failure, shows that buyers have disappeared from the market. Sellers have to offer at lower and lower prices to achieve an exit. The close near the low of the day confirms buying and momentum exhaustion. The surge in volume is created by sellers as they become desperate to get out of the stock. The volumes urge does not come from buyers. Hope you reevaluate your position. Good luck. |
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Mar 27 2017, 09:58 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(Boon3 @ Mar 27 2017, 08:16 PM) twhong_91 already quit VIS boon. Have you reviewed your position? When you first asked... we were looking at the below.... The uptrend was FIRMLY in place.... logically... waiting for the Q result was the ideal.... but then on the day of the report.... it went crazy...... it jumped like hell.... like I said.... we cannot discount the possibility of the stock pulling back.... so pulled back it did.... which means.... we are looking at a blow off top scenario.... perhaps this article might help.... http://www.guppytraders.com/gup345.shtml Hope you reevaluate your position. Good luck. Anyway, do you have any ideas on oil refinery business in malaysia? currently I am in for Hengyuan Bhd aka Shell refinery as Shell sold their 51% stake to a China company. This transaction caught my attention 
3000 lots bought in at 3.90 which was a 1m trade. 
Three oil refinery companies showing RSI oversold, and a possible uptrend. I checked the crude oil prices on last quarter where the prices were low and crude prices have been priced higher on Jan onward, where the stock should be cheap and sell at higher prices. The first quarter should be recorded a higher net profits as compared to 1st quarter of 2016. |
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Mar 27 2017, 10:34 PM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 27 2017, 04:40 PM) That would have been the preferred choice but I took into consideration of the div that would go ex on 28th. Did you take into account that after ex price share price may trend below 80cent? |
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Mar 27 2017, 11:44 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 27 2017, 10:34 PM) Did you take into account that after ex price share price may trend below 80cent? Ya.However, not all stocks moves the same after ex. Some even goes up after. Some actually retraces after. It's unpredictable. In actual trade, if such scenarios occur, much of the decision is based on the company's fundamentals. |
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Mar 28 2017, 12:16 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(twhong_91 @ Mar 27 2017, 09:58 PM) already quit VIS boon. Woooo!!! Anyway, do you have any ideas on oil refinery business in malaysia? currently I am in for Hengyuan Bhd aka Shell refinery as Shell sold their 51% stake to a China company. This transaction caught my attention
3000 lots bought in at 3.90 which was a 1m trade.
Three oil refinery companies showing RSI oversold, and a possible uptrend. I checked the crude oil prices on last quarter where the prices were low and crude prices have been priced higher on Jan onward, where the stock should be cheap and sell at higher prices. The first quarter should be recorded a higher net profits as compared to 1st quarter of 2016. Impressive. Couple of comments. RSI as an indicator... just..... don't over rely on it. Yes, it's a lagging indicator. And there's weakness.... esp in instances like this. When a stock is over sold, in extreme cases, it can be oversold for a long time. Or when a stock is over bought, it can be over bought for a much longer time than expected. It's unreliable. Why is why I probably won't base my entrance into these stocks based on this indicator. I probably would prefer to see a change in the stocks trend. |
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Mar 28 2017, 12:28 AM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(Boon3 @ Mar 28 2017, 12:16 AM) Woooo!!! Yes. I know you always prefer a confirmation signal. But when i saw the 3000lots then i think must be some big guys collecting and jumped into the bandwagon. Haha. Impressive. Couple of comments. RSI as an indicator... just..... don't over rely on it. Yes, it's a lagging indicator. And there's weakness.... esp in instances like this. When a stock is over sold, in extreme cases, it can be oversold for a long time. Or when a stock is over bought, it can be over bought for a much longer time than expected. It's unreliable. Why is why I probably won't base my entrance into these stocks based on this indicator. I probably would prefer to see a change in the stocks trend. |
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Mar 28 2017, 03:25 AM
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Senior Member
1,497 posts Joined: Dec 2005
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QUOTE(Boon3 @ Mar 27 2017, 07:36 PM) Well make your own screenshot... and write down ..... your 'new' plans for the stock. |
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Mar 28 2017, 10:35 PM
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Senior Member
536 posts Joined: Aug 2009 From: Seri Kembangan
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this is a good thread.. will read on later
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Mar 28 2017, 11:09 PM
Show posts by this member only | IPv6 | Post
#372
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(maxilife1 @ Mar 28 2017, 10:35 PM) this is a good thread.. will read on later Good for learning technical skill.. |
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Mar 29 2017, 08:25 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(twhong_91 @ Mar 28 2017, 12:28 AM) Yes. I know you always prefer a confirmation signal. But when i saw the 3000lots then i think must be some big guys collecting and jumped into the bandwagon. Haha. Ahhhh.... I see your thinking....follow the big money. Well... Sometimes it works... Sometimes it doesn't one... (why? Big money is never always smart. They make far too many dumb moves too!) ...and obviously judging from yesterday movements... it worked... well... except Hengyuan movement wasn't just as nice as Petron and Petdag did you? well I know for sure I would never be able to jump into any of these.....    |
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Mar 29 2017, 09:21 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(Boon3 @ Mar 6 2017, 10:50 AM) gark garkhehehe... do new thread.... since I see the possibility of you becoming a terror trader. The other day I posted this to you..... I realise this morning that I should update that posting after realising that my view is not that complete. Here's the zoom in chart and I realise that this is clearing a ascending triangle chart. And the zoom out view. Ascending triangles are generally bullish but it's not a 100% fail proof setup. On instances, such charts can break down instead of breaking up... .... time to pay attention hor... Small what again? ( psst.... 2nd post hor.... if not for this stock.... I probably stay into the corner and play spiderman! ) Oh... there might be a possibility of some pullback due to the SMALL jump it made ....  |
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Mar 29 2017, 09:34 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 27 2017, 10:34 PM) Did you take into account that after ex price share price may trend below 80cent? This is how the stock is trading after the ex dividend .... and the adjusted for dividend chart....  |
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Mar 29 2017, 10:32 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 29 2017, 09:21 AM) gark Looks like it reach new support level at 2.90... from the stock movement i see.. Small what again? ( psst.... 2nd post hor.... if not for this stock.... I probably stay into the corner and play spiderman! )Oh... there might be a possibility of some pullback due to the SMALL jump it made .... |
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Mar 29 2017, 10:41 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 29 2017, 10:32 AM) Looks like it reach new support level at 2.90... from the stock movement i see.. How you manage to see this movement? |
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Mar 29 2017, 10:47 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 29 2017, 10:41 AM) How you manage to see this movement? Go above 2.90 then retreat back.. from high drop to 2.90 then bounce back..Layman support term.. This post has been edited by gark: Mar 29 2017, 10:48 AM |
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Mar 29 2017, 10:58 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 29 2017, 10:47 AM) Go above 2.90 then retreat back.. from high drop to 2.90 then bounce back.. LOL!Layman support term.. Layman could also view this as resistance ma.... Cos it cannot get above 290. :grin: Such stuff.... Errr....not advisable hor.....risky la. See? Your other S? Day day go little up.... Stealth mode.... No good meh? » Click to show Spoiler - click again to hide... « |
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Mar 29 2017, 11:21 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 29 2017, 10:58 AM) LOL! So my layman resistance correct or not jek? Layman could also view this as resistance ma.... Cos it cannot get above 290. Such stuff.... Errr....not advisable hor.....risky la. See? Your other S? Day day go little up.... Stealth mode.... No good meh? » Click to show Spoiler - click again to hide... « The other S..hor... good stock but so slow and no volume.. funny de. Go up 1 sen, next day drop 1 sen, some times only go up 2 sen, but drop 1 sen... zombie mode. Not like stock P.. perform good after the last Q report as expected... macam itu lar.. |
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Mar 29 2017, 11:30 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 29 2017, 11:21 AM) So my layman resistance correct or not jek? Layman usually wrong one. The other S..hor... good stock but so slow and no volume.. funny de. Go up 1 sen, next day drop 1 sen, some times only go up 2 sen, but drop 1 sen... zombie mode. Not like stock P.. perform good after the last Q report as expected... macam itu lar.. Your mind sudah kena corrupted by the mau wang fast fast..... |
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Mar 29 2017, 11:34 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 29 2017, 11:30 AM) Layman usually wrong one. Not mau wang fast fast.. just that kenot tahan see good stock move like zombie.. but rubbish stock move like race car..Your mind sudah kena corrupted by the mau wang fast fast..... Cannot brain.. |
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Mar 29 2017, 11:39 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 29 2017, 11:34 AM) Not mau wang fast fast.. just that kenot tahan see good stock move like zombie.. but rubbish stock move like race car.. Cannot brain.. Not cannot brain la.... This called........ green grass searcher Day day nite nite.... Checking which side the grass is greener. |
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Mar 29 2017, 05:56 PM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 29 2017, 09:34 AM) This is how the stock is trading after the ex dividend .... Usually how u assess the kind of chart? After adjusted I mean. Some graph they automatically adjust for u, some don't.and the adjusted for dividend chart.... Edit: oh, just saw the graph. what's ur take on the graph? Did ur view change? This post has been edited by TakoC: Mar 29 2017, 05:57 PM |
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Mar 29 2017, 06:06 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 29 2017, 05:56 PM) Usually how u assess the kind of chart? After adjusted I mean. Some graph they automatically adjust for u, some don't. Well, it's moving just like how a share would move after going ex...Edit: oh, just saw the graph. what's ur take on the graph? Did ur view change? If bought before going ex, hold on to the stock... which means hold on at least till the next quarter.. again... if given a choice... i might not go for this - just cos it's a property counter. never too comfy... but since paper trade... I will carry on with this trade... market going slighty birdie... best we keep our feet firmly on the ground... stick to our own trading/investing principles.... |
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Mar 29 2017, 06:52 PM
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Senior Member
1,497 posts Joined: Dec 2005
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The chart for non-adjusted and adjusted, sometimes both may show different interpretation.
Is there a best way to view a chart? Adjust or non-adjusted? |
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Mar 29 2017, 06:59 PM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 29 2017, 06:06 PM) Well, it's moving just like how a share would move after going ex... If bought before going ex, hold on to the stock... which means hold on at least till the next quarter.. again... if given a choice... i might not go for this - just cos it's a property counter. never too comfy... but since paper trade... I will carry on with this trade... market going slighty birdie... best we keep our feet firmly on the ground... stick to our own trading/investing principles.... |
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Mar 29 2017, 07:45 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(hehe86 @ Mar 29 2017, 06:52 PM) The chart for non-adjusted and adjusted, sometimes both may show different interpretation. Of course the adjusted the one.Is there a best way to view a chart? Adjust or non-adjusted? |
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Mar 29 2017, 11:33 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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I found another possible cup n handle trend .... Today went up with volume.
It is an old super boring counter. Kfima. What does TA says.. |
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Mar 30 2017, 08:17 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 29 2017, 11:33 PM) I found another possible cup n handle trend .... Today went up with volume. It is an old super boring counter. Kfima. What does TA says..  It's a holding company.... where's the cup? This post has been edited by Boon3: Mar 30 2017, 08:18 AM |
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Mar 30 2017, 08:21 AM
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Senior Member
4,821 posts Joined: Mar 2009
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QUOTE(gark @ Mar 29 2017, 11:33 PM) I found another possible cup n handle trend .... Today went up with volume. you are doing well with fundamental, why you want to mess it up with TA that everyone interpreted differently based on what they feel right/wrong?It is an old super boring counter. Kfima. What does TA says.. the good fundamental stock rarely offers opportunity for technical entry. This post has been edited by lowya: Mar 30 2017, 08:23 AM |
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Mar 30 2017, 09:27 AM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(Boon3 @ Mar 29 2017, 08:25 AM) Ahhhh.... I see your thinking.... hi boon why u would never be able to jump into any of there? any reason?follow the big money. Well... Sometimes it works... Sometimes it doesn't one... (why? Big money is never always smart. They make far too many dumb moves too!) ...and obviously judging from yesterday movements... it worked... well... except Hengyuan movement wasn't just as nice as Petron and Petdag did you? well I know for sure I would never be able to jump into any of these..... |
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Mar 30 2017, 10:01 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(twhong_91 @ Mar 30 2017, 09:27 AM) hi boon why u would never be able to jump into any of there? any reason? Hahaha..... ok let me bore you with my poor answers.... 1. I am extremely selective when I trade (plus I trade only 1 or 2 stocks at any one time) 2. I cannot trade such setups... this I found out thru past exp. (this is why is so important to start with paper trading and continue paper trading even when you graduated into real life trading) My rational is always simple. Know who I am and play my best game (how will I know? Paper trade. )It's like tennis. You play? If you are a much better base line player than a serve/volley player, how should you play? Play from the back, yes? (very general answer la) 3. What's the catalyst to play such theme stocks? Well, perhaps, the only half reason is that some stock indicators are showing PERHAPS they are oversold. And again, oversold/overbought got many types. On extreme cases, oversold can last a loooooooooooong time. 4. Do not compare yourself with others. Slightly off topic... I am me and you are you. There will be trades you are good at. There will be plenty of trades I am not good at or will AVOID. we are different. So always remember. What works for me might not work for you. And my comments? Treat them as third opinion la.. ok? So say I bought the day you posted. If given or forced the choice... I probably would have chosen Petdag. Here the results so far... Hengyuan - ref price 3.40 on the day u post. Tuesday up 0.16 Wed down 0.04 now 3.52. Overall up 0.12 (assuming entry at 3.40) Petronm - ref price 5.77 Tuesday up 0.50 Wed down 0.02 now 6.22 overall up 0.45 Petdag - ref price 23.78 Tuesday up 1.06 Wed down 0.94 now 23.88 overall up 0.10 **** Result? Good meh? Ok? |
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Mar 30 2017, 10:40 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 30 2017, 08:17 AM) It's a holding company.... where's the cup? Itu bukan cup meh.. |
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Mar 30 2017, 10:42 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(lowya @ Mar 30 2017, 08:21 AM) you are doing well with fundamental, why you want to mess it up with TA that everyone interpreted differently based on what they feel right/wrong? Still learning mah... If FA already know, now learn TA lo..the good fundamental stock rarely offers opportunity for technical entry. I read somewhere... choose the stock based on FA, entry and exit based on TA.. you get the best of two worlds. I dont want to choose any chapalang stock merely for the TA to trade shorterm... This post has been edited by gark: Mar 30 2017, 10:43 AM |
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Mar 30 2017, 10:54 AM
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Senior Member
4,821 posts Joined: Mar 2009
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QUOTE(gark @ Mar 30 2017, 10:42 AM) Still learning mah... If FA already know, now learn TA lo.. then again, why sell on TA and miss the rest of the rides if you based on fundamental of entry?I read somewhere... choose the stock based on FA, entry and exit based on TA.. you get the best of two worlds. I dont want to choose any chapalang stock merely for the TA to trade shorterm... as mentioned earlier, fundamentally good stocks will not offer much opportunity for trader to time the entry well, and most likely after they sold they will regret selling. you will have conflict of both school of thoughts when it comes to both entry and exit, especially exit, where fundamentalist sell stocks when it's fully valued, buy when it undervalue. Meanwhile, for day traders any lousy stocks with good volume can contra, or those with low volume can goreng. Stick to what work best for ya. If it aint spoil dont fix it. This post has been edited by lowya: Mar 30 2017, 10:54 AM |
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Mar 30 2017, 11:01 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 30 2017, 10:40 AM) From Aug 16 to Mar 17... Nope.Itu bukan cup meh.. The cup should be rounded at the base. The volume should be decreasing. Do not worry. I seen a lot people doing this and simply decaring stuff. It's called the 'eyes see what they want to see'... The holding company issue.... |
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Mar 30 2017, 11:04 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(lowya @ Mar 30 2017, 10:54 AM) then again, why sell on TA and miss the rest of the rides if you based on fundamental of entry? There is a big misconception that good FA stocks do not need TA to time entry and exit.. i think this is not correct.as mentioned earlier, fundamentally good stocks will not offer much opportunity for trader to time the entry well, and most likely after they sold they will regret selling. you will have conflict of both school of thoughts when it comes to both entry and exit, especially exit, where fundamentalist sell stocks when it's fully valued, buy when it undervalue. Meanwhile, for day traders any lousy stocks with good volume can contra, or those with low volume can goreng. Stick to what work best for ya. If it aint spoil dont fix it. Lets say if we identify a good FA stock, can we just enter at any price? Or do we see where is the support level that enable us to enter at a good price? Even with good FA stock entered at the wrong price, you will lose money. Many examples out there.. And lets say if we are holding another fundamental stock, and the valuations are getting rich (ie expensive) and we want to sell, do we sell at any price? Or do we wait until the price over runs the fair price to sell? And when do we pull the trigger? Think about it. Like I say FA first for buy/sell decision, TA for pulling the trigger. This post has been edited by gark: Mar 30 2017, 11:06 AM |
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Mar 30 2017, 11:06 AM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(gark @ Mar 30 2017, 10:40 AM) From Aug 16 to Mar 17... i see mcam V shape nia..cup takda worItu bukan cup meh.. |
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Mar 30 2017, 11:08 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 30 2017, 11:04 AM) There is a big misconception that good FA stocks do not need TA to time entry and exit.. i think this is not correct. Another misconceptions....Lets say if we identify a good FA stock, can we just enter at any price? Or do we see where is the support level that enable us to enter at a good price? Even with good FA stock entered at the wrong price, you will lose money. Many examples out there.. And lets say if we are holding another fundamental stock, and the valuations are getting rich (ie expensive) and we want to sell, do we sell at any price? Or do we wait until the price over runs the fair price to sell? And when do we pull the trigger? Think about it. Like I say FA first, TA for pulling the trigger. Trading = puntung Trading = day trading Welcome smart |
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Mar 30 2017, 11:08 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(djhenry91 @ Mar 30 2017, 11:06 AM) i see mcam V shape nia..cup takda wor V shape if not cup then apa? |
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Mar 30 2017, 11:08 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 30 2017, 11:06 AM) i see mcam V shape nia..cup takda wor You only like C or D ones la..... |
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Mar 30 2017, 11:09 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 30 2017, 11:08 AM) V shape if not cup then apa? V ?Lol |
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Mar 30 2017, 11:10 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 30 2017, 11:09 AM) V ? Kam teach.. why i see cup, others dont.. Lol |
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Mar 30 2017, 11:12 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 30 2017, 11:10 AM) Kam teach.. why i see cup, others dont.. Cos it looks exactly like a V?Holding company issue la.... |
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Mar 30 2017, 11:15 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 30 2017, 11:12 AM) Cos it looks exactly like a V? Hmm tambah confuse ... Holding company issue la.... Holding company kah or not.. got 1 big spike there.. |
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Mar 30 2017, 11:17 AM
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4,821 posts Joined: Mar 2009
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QUOTE(gark @ Mar 30 2017, 11:04 AM) And lets say if we are holding another fundamental stock, and the valuations are getting rich (ie expensive) and we want to sell, do we sell at any price? Or do we wait until the price over runs the fair price to sell? And when do we pull the trigger? when fundamentalist enter stock, they have their pricing model of fair value, based on eps growth or any other model. Their exist should be anytime price above fair value. every QR will revalue the fair price and when company not perform well, the slowed growth or reduced value will trigger the selling. Or perhaps portfolio re-shuttling to swap low potential to high potential stocks.ok keep talking about fundamental in traders corner will invite someone to suggest a thread name change later, lol. |
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Mar 30 2017, 11:24 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 30 2017, 11:10 AM) Kam teach.. why i see cup, others dont.. Basic of cups....See it's macam this... Hope I can spit everything out clearly. Stocks came down from a high ( dun care the reason la).. So it falls off.... Yes is falling...the VOLUME disappears... (Yeah..for whatever nobody wants to sell anymore)... So you get a period where it goes comatose... After time... The volume and price increases slightly.... People suddenly remember the stock... So it goes back up..... So you get the rounded cup scene... As it inches back up...to where it fell from.... A cup would have formed..... But then.... U will have a bunch of sellers who were merely waiting to sell at a higher price+u got a bunch of low price traders who were munching bits and bits at the bottom ...they decides to sell to take profit..... Now that is the handle formation....... And once these batch of sellers exhaust their selling... The stock would erupt once the new wave of buying happens........ Ideally the cup formation takes about 6-8 months... And too long cup formation isn't ideal either... ie if the cup takes 2 years or longer to form.... Ok ah? This is as much as i can remember off hand. |
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Mar 30 2017, 11:31 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 30 2017, 11:15 AM) Hmm tambah confuse ... Holding company kah or not.. got 1 big spike there.. Call the shape as it is. V is V. No? Cup is cup? Holding company issue is always disregarded... It shouldn't be cos not all shares are the same. Flying horse and Fimacorp.... See the long history performance. Which is a better stock ( in terms of share performance) ? Look at Insas and inari? Again which is better stock? ...and so on and so on.... Why? Why no loving for the mother share? |
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Mar 30 2017, 12:59 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(lowya @ Mar 30 2017, 11:17 AM) when fundamentalist enter stock, they have their pricing model of fair value, based on eps growth or any other model. Their exist should be anytime price above fair value. every QR will revalue the fair price and when company not perform well, the slowed growth or reduced value will trigger the selling. Or perhaps portfolio re-shuttling to swap low potential to high potential stocks. Most pricing models or what they call DCF.. is all mostly bullshit la.. all based on figures plucked from the air. They can make it as good or as bad as they want, by just changing the discount rate or expected growth rate (to infinity LOL). Or some analyst use RNAV or sum of parts, the valuation also more or less pluck from air also.. ok keep talking about fundamental in traders corner will invite someone to suggest a thread name change later, lol. I prefer to analyze based on current facts or figures, and only looking at the question.. can they make more money next year compared to this year? What is the basis and proof... Then.. I look at at TA for entry and exit.. |
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Mar 30 2017, 01:11 PM
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Senior Member
2,081 posts Joined: Mar 2012
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GAQRS chart. Let me learn something, Boon.
How would you trade this. |
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Mar 30 2017, 01:18 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 30 2017, 01:11 PM) GAQRS chart. Let me learn something, Boon. I wouldn't.... How would you trade this. |
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Mar 30 2017, 01:29 PM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 30 2017, 01:18 PM) I wouldn't.... Break down the trade? March 7 to March 20 trading volume is going down which suggest a downward trend. That's what I'm seeing. |
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Mar 30 2017, 02:02 PM
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Senior Member
4,821 posts Joined: Mar 2009
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QUOTE(TakoC @ Mar 30 2017, 01:11 PM) GAQRS chart. Let me learn something, Boon. MY fundamental TP: 1.55How would you trade this. |
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Mar 30 2017, 03:06 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(TakoC @ Mar 30 2017, 01:29 PM) Break down the trade? Err... i am on my mobile.. so no chart...March 7 to March 20 trading volume is going down which suggest a downward trend. That's what I'm seeing. Anyway this how i see it.... 1. This current uptrend started end 2016. 2. This uptrend is reasonable. Company has achieved a full fiscal year of positive result. 3. So this is a turnaround play which means those that got in early ( last year ) is reaping the rewards for taking the risk with this company. 4. Turnaround plays...the longer it has turned around, the riskier it gets. Hence, moving forward, for this fella..the main issue is what's next. Do i trust that this fella got what it takes to deliver future earnings growth? Me? I doubt it.... 5. Back to the charts...as it is.. the downtrend witnessed in early March is merely consolidation of this current uptrend which started end last year. It's not downtrend...it's consolidation. 6. At this stage...upside is still possible.... But.... you would need to focus on your risk rewards. Is it justifiable the risk? This ... you need to refer to point 4. Any new projects? What's the new earnings driver? .... At this stage....as per your initial question.... My answer is..... I wouldn't play.... If forced to....well....play the breakout of the previous high. Just my opinion .... :peace; |
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Mar 30 2017, 03:44 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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example
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Mar 30 2017, 03:46 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Mar 30 2017, 11:24 AM) Basic of cups.... Ok understood.. volume must dissapear to form cup.. not only the shape. See it's macam this... Hope I can spit everything out clearly. Stocks came down from a high ( dun care the reason la).. So it falls off.... Yes is falling...the VOLUME disappears... (Yeah..for whatever nobody wants to sell anymore)... So you get a period where it goes comatose... After time... The volume and price increases slightly.... People suddenly remember the stock... So it goes back up..... So you get the rounded cup scene... As it inches back up...to where it fell from.... A cup would have formed..... But then.... U will have a bunch of sellers who were merely waiting to sell at a higher price+u got a bunch of low price traders who were munching bits and bits at the bottom ...they decides to sell to take profit..... Now that is the handle formation....... And once these batch of sellers exhaust their selling... The stock would erupt once the new wave of buying happens........ Ideally the cup formation takes about 6-8 months... And too long cup formation isn't ideal either... ie if the cup takes 2 years or longer to form.... Ok ah? This is as much as i can remember off hand. |
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Mar 30 2017, 03:58 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Mar 30 2017, 03:46 PM) Ok understood.. volume must dissapear to form cup.. not only the shape. Lol.....yes....the shape....the shape.... » Click to show Spoiler - click again to hide... « |
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Mar 30 2017, 03:59 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 30 2017, 03:44 PM) example Wahahaha.......... apa ni?
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Mar 30 2017, 04:00 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 30 2017, 03:59 PM) Wahahaha.......... apa ni? cup maaa thn apa u want wor. |
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Mar 30 2017, 04:08 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 30 2017, 04:00 PM) cup maaa thn apa u want wor. Pretty damn risky to ask me what I want.... |
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Mar 30 2017, 04:33 PM
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Senior Member
8,650 posts Joined: Sep 2005 From: lolyat
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QUOTE(Boon3 @ Mar 30 2017, 11:24 AM) Basic of cups.... Thank you sifu boon See it's macam this... Hope I can spit everything out clearly. Stocks came down from a high ( dun care the reason la).. So it falls off.... Yes is falling...the VOLUME disappears... (Yeah..for whatever nobody wants to sell anymore)... So you get a period where it goes comatose... After time... The volume and price increases slightly.... People suddenly remember the stock... So it goes back up..... So you get the rounded cup scene... As it inches back up...to where it fell from.... A cup would have formed..... But then.... U will have a bunch of sellers who were merely waiting to sell at a higher price+u got a bunch of low price traders who were munching bits and bits at the bottom ...they decides to sell to take profit..... Now that is the handle formation....... And once these batch of sellers exhaust their selling... The stock would erupt once the new wave of buying happens........ Ideally the cup formation takes about 6-8 months... And too long cup formation isn't ideal either... ie if the cup takes 2 years or longer to form.... Ok ah? This is as much as i can remember off hand. I think the main criteria is the volume must be convincing for the Cup and Handle |
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Mar 30 2017, 04:45 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(yhtan @ Mar 30 2017, 04:33 PM) Thank you sifu boon I think the main criteria is the volume must be convincing for the Cup and Handle  sifut ur head laaaa..... Volume must be there both sides of the cup... middle/center/bottom = almost no volume... then the handle.... how it is FORMED is very important... never buy at the bottom of the handle? Why? You subject yourself to the risk of a failed cup&handle. YES! FAILED PATTERNS are actually more common!!! Call me the S name again... and I will promote you.... to the ignore list. |
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Mar 30 2017, 04:57 PM
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Senior Member
8,650 posts Joined: Sep 2005 From: lolyat
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QUOTE(Boon3 @ Mar 30 2017, 04:45 PM) sifut ur head laaaa..... Volume must be there both sides of the cup... middle/center/bottom = almost no volume... then the handle.... how it is FORMED is very important... never buy at the bottom of the handle? Why? You subject yourself to the risk of a failed cup&handle. YES! FAILED PATTERNS are actually more common!!! Call me the S name again... and I will promote you.... to the ignore list. Yes the volume has to be the side, normally trader chase when it breakout with volume surging |
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Mar 30 2017, 05:05 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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i remember there is one chart Big cup hide medium cup hide small cup
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Mar 30 2017, 05:08 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 30 2017, 05:05 PM) i remember there is one chart Big cup hide medium cup hide small cup Macam this sudah cup board laaaaa..... |
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Mar 30 2017, 05:12 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 30 2017, 05:08 PM) Macam this sudah cup board laaaaa..... no la...thn go up like no limit..i mcam see before leh forget which stock |
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Mar 31 2017, 08:36 AM
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All Stars
15,942 posts Joined: Jun 2008
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» Click to show Spoiler - click again to hide... « TakoC This would have been the chart I was looking at.  Well, upon seeing the chart more clearly, perhaps I SHOULD HAVE mentioned the doji (a bit long its leg) that was formed the previous day. Some would consider this as a trading buy. ... and judging from yesterday's movements... they were correct.  Made money? |
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Mar 31 2017, 09:30 AM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 31 2017, 08:36 AM) » Click to show Spoiler - click again to hide... « TakoC This would have been the chart I was looking at. Well, upon seeing the chart more clearly, perhaps I SHOULD HAVE mentioned the doji (a bit long its leg) that was formed the previous day. Some would consider this as a trading buy. ... and judging from yesterday's movements... they were correct. Made money? |
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Mar 31 2017, 09:48 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 31 2017, 09:30 AM) tht company is shoplot office wor..beside BKT nearby my house area Ya... there are quite a number of listed companies whose offices aren't impressive looking...and yes... some operates in shop lot offices premises.... makes you wonder hor.... If you would have noted, this should be a turnaround play... and whenever there are turnaround plays... there will be many fansi.... and even I would be aroused occasionally.... but this one... listed in 2012... so fy 2012... usually don't count one la.... those prelisting numbers always fei kei ones.... by fy 2015 .... this bugger already started losing money...  so now fy 2016.... turnaround.... and as you know... market always bet on future earnings one ma.... but this fella... with such a track record.... how to trust deep deep and bet big big? |
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Mar 31 2017, 10:58 AM
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All Stars
15,942 posts Joined: Jun 2008
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 From Henry. |
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Mar 31 2017, 11:53 AM
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Senior Member
4,821 posts Joined: Mar 2009
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any guru wants to discuss this chart?
the last candle captured ard 12pm, not close for the day yet. is it a buy or sell signal based on TA? 
This post has been edited by lowya: Mar 31 2017, 11:54 AM |
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Mar 31 2017, 02:45 PM
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1,497 posts Joined: Dec 2005
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That bearish candle with the higher volume looks ugly though
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Mar 31 2017, 04:51 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Mar 31 2017, 10:58 AM) From Henry. |
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Mar 31 2017, 05:14 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Mar 31 2017, 04:51 PM) bigger cup to medium cup to small cup ?????? which one leh? |
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Mar 31 2017, 07:09 PM
Show posts by this member only | IPv6 | Post
#436
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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frontkn maaa
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Apr 1 2017, 12:19 AM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(Boon3 @ Mar 31 2017, 08:36 AM) » Click to show Spoiler - click again to hide... « TakoC This would have been the chart I was looking at. Well, upon seeing the chart more clearly, perhaps I SHOULD HAVE mentioned the doji (a bit long its leg) that was formed the previous day. Some would consider this as a trading buy. ... and judging from yesterday's movements... they were correct. Made money? |
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Apr 1 2017, 12:19 AM
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Senior Member
2,081 posts Joined: Mar 2012
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QUOTE(lowya @ Mar 31 2017, 11:53 AM) any guru wants to discuss this chart? Hope to get some thought on this too. High profile deal, but price down 9% upon closing.the last candle captured ard 12pm, not close for the day yet. is it a buy or sell signal based on TA?
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Apr 1 2017, 09:56 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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Edit
This post has been edited by gark: Apr 1 2017, 09:57 PM |
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Apr 1 2017, 10:18 PM
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Senior Member
2,906 posts Joined: May 2015
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Happy April Fools everyone!
Let me fool everyone with a chart that I think has "potential" in the upcoming days, weeks and potentially months. Let us discuss one of my siggy shares, Parkson (and so, the pump and dump activity can continue and people like me can profit! Great plan right? Just kidding, April Fools again).Sure everyone know that this company is a loss-making firm (well who would not thought about it). In the last few years, 5 years or so, it has been on a long term downtrend which if we zoom out of the chart, there is no full stop on this company. Every few or so month, the company's shares will get dragged down for the obvious reasons, their huge mistake in investing into China. Let us look at the recent financial figures and we can see Parkson is profiting once again, albeit so far, up 10 million, down from 31 million of net profits during the same quarter. The net tangible assets as of now stands at RM2.38. But hey, this is a trading topic right? So why the whole talk about fundamentals in here? Bring us to the technical aspect part. So remember that I have said it was down for about 5 years? If one were to argue, "But where got all downtrend? There was at least a stable phase on the one month chart in 2014." But if we were to zoom out to the weekly chart, short term wise, it has been proven a downtrend lagger and it has been nearly 90% since 2011. Embarrassing! However, recently the chart has been stabilised since the start of the year and maintained consistency in 2017. Word abuzz come from privatisation, sale of their retail assets, blah, blah. This is not important. What is important is that, there is recently few upside down dragonfly Doris known as the "gravestone doji" appearing in the Parkson graph. Gravestone dojis usually appear when a bullrun has overran its course. But the weird case is that, it has showing up on the daily chart near the lowest point. Does this mean a bull is picking up again? But anyway, this is just a prank. I am seriously wasting my time talking non-sense. Oh well, who will ever about it and of course, if anyone believes my analysis, look forward to my siggy first before buying or considering. Let us consider this an educational information for everyone. Have a nice weekend ahead. Apologies for having me to take the pic as Investing.com is not really friendly in sharing links... This post has been edited by ILoveLalat.net: Apr 1 2017, 10:36 PM Attached thumbnail(s) 
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Apr 1 2017, 11:04 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 1 2017, 09:56 PM) Edit Edit |
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Apr 1 2017, 11:20 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Apr 1 2017, 10:18 PM) Happy April Fools everyone! Dude....Let me fool everyone with a chart that I think has "potential" in the upcoming days, weeks and potentially months. Let us discuss one of my siggy shares, Parkson (and so, the pump and dump activity can continue and people like me can profit! Great plan right? Just kidding, April Fools again).Sure everyone know that this company is a loss-making firm (well who would not thought about it). In the last few years, 5 years or so, it has been on a long term downtrend which if we zoom out of the chart, there is no full stop on this company. Every few or so month, the company's shares will get dragged down for the obvious reasons, their huge mistake in investing into China. Let us look at the recent financial figures and we can see Parkson is profiting once again, albeit so far, up 10 million, down from 31 million of net profits during the same quarter. The net tangible assets as of now stands at RM2.38. But hey, this is a trading topic right? So why the whole talk about fundamentals in here? Bring us to the technical aspect part. So remember that I have said it was down for about 5 years? If one were to argue, "But where got all downtrend? There was at least a stable phase on the one month chart in 2014." But if we were to zoom out to the weekly chart, short term wise, it has been proven a downtrend lagger and it has been nearly 90% since 2011. Embarrassing! However, recently the chart has been stabilised since the start of the year and maintained consistency in 2017. Word abuzz come from privatisation, sale of their retail assets, blah, blah. This is not important. What is important is that, there is recently few upside down dragonfly Doris known as the "gravestone doji" appearing in the Parkson graph. Gravestone dojis usually appear when a bullrun has overran its course. But the weird case is that, it has showing up on the daily chart near the lowest point. Does this mean a bull is picking up again? But anyway, this is just a prank. I am seriously wasting my time talking non-sense. Oh well, who will ever about it and of course, if anyone believes my analysis, look forward to my siggy first before buying or considering. Let us consider this an educational information for everyone. Have a nice weekend ahead. Apologies for having me to take the pic as Investing.com is not really friendly in sharing links... it's OK to talk trading based on fundamentals. I even put it there on the first page long ago. Ok. Parkson. It's not just just China. I feel the management has continued to make bad decisions after bad decisions. Anchor tenant at Maju mall? No wonder they are losing so many millions on that store. Latest? Anchor tenant at Mytown Mall? And just a few hundred meteres, anchor tenant at Sunway Velocity? I just don't see Parkson can do well making such corporate decisions. You been to these 2 new mega big malls? |
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Apr 2 2017, 09:10 AM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Apr 1 2017, 11:20 PM) Dude.... Nope. Never been to MyTown nor Velocity. As for Sunway Velocity, I have been getting from people bad criticism about the place, hence, the reason why it is not doing well. And with less crowd, no surprise it will not do well. Malaysia's retail segment is barely floating!it's OK to talk trading based on fundamentals. I even put it there on the first page long ago. Ok. Parkson. It's not just just China. I feel the management has continued to make bad decisions after bad decisions. Anchor tenant at Maju mall? No wonder they are losing so many millions on that store. Latest? Anchor tenant at Mytown Mall? And just a few hundred meteres, anchor tenant at Sunway Velocity? I just don't see Parkson can do well making such corporate decisions. You been to these 2 new mega big malls? Now, this one is really strange. Open two outlets nearly side by side. Really red flag indeed. In the years before this, they should have open one at Mid Valley or something. Yes, I cannot more than not agree that the management has a lot of problems now. But there was this company who is bleeding money, do not know which direction to undertake, also like Parkson, being too ambitious with launching too many products, now which company is that? Anyway, it is a GLC company but Parkson is not and so I cannot digress too much about this. But talking on technical terms, I do maybe see a rebound in this stock, maybe around till the 70c level. Definitely not IWCITY, AIRASIA style of rebounding. But speaking of better confirmations of an increase, if one is not comfortable with Parkson. Let me pull out some magic and if I can that I got this from KLSE Technical Analysis (all credits goes to him), there is always.....Benalec..... |
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Apr 2 2017, 09:49 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Apr 2 2017, 09:10 AM) Nope. Never been to MyTown nor Velocity. As for Sunway Velocity, I have been getting from people bad criticism about the place, hence, the reason why it is not doing well. And with less crowd, no surprise it will not do well. Malaysia's retail segment is barely floating! Here's some old postingsNow, this one is really strange. Open two outlets nearly side by side. Really red flag indeed. In the years before this, they should have open one at Mid Valley or something. Yes, I cannot more than not agree that the management has a lot of problems now. But there was this company who is bleeding money, do not know which direction to undertake, also like Parkson, being too ambitious with launching too many products, now which company is that? Anyway, it is a GLC company but Parkson is not and so I cannot digress too much about this. But talking on technical terms, I do maybe see a rebound in this stock, maybe around till the 70c level. Definitely not IWCITY, AIRASIA style of rebounding. But speaking of better confirmations of an increase, if one is not comfortable with Parkson. Let me pull out some magic and if I can that I got this from KLSE Technical Analysis (all credits goes to him), there is always.....Benalec..... post #123 Parkson was hitting a 9 year old in stock price then.... Here's another thing to consider also... those years... when Parkson was 2.00++ I remember some buggers calling it a buy... saying how could they lose when Parkson was actively buying back their shares... |
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Apr 2 2017, 12:11 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 1 2017, 11:04 PM) Edit A tiga ... FA looks good, and looks like momentum starting already. Been monitoring from last QR. This post has been edited by gark: Apr 2 2017, 12:14 PM |
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Apr 2 2017, 02:04 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 2 2017, 12:11 PM) A tiga ... FA looks good, and looks like momentum starting already. Been monitoring from last QR. Momentum starting ??Sudah terror geng lingo. This one kinda strange. The market's reaction to its performances was kinda muted in Feb... then suddenly it decides to pop up on Friday. I have no idea how to chase such stuff. |
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Apr 2 2017, 02:29 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 2 2017, 02:04 PM) Momentum starting ?? Pop because BI approved. Sudah terror geng lingo. This one kinda strange. The market's reaction to its performances was kinda muted in Feb... then suddenly it decides to pop up on Friday. I have no idea how to chase such stuff. |
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Apr 3 2017, 08:43 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Apr 1 2017, 10:18 PM) So remember that I have said it was down for about 5 years? If one were to argue, "But where got all downtrend? There was at least a stable phase on the one month chart in 2014." But if we were to zoom out to the weekly chart, short term wise, it has been proven a downtrend lagger and it has been nearly 90% since 2011. Embarrassing! However, recently the chart has been stabilised since the start of the year and maintained consistency in 2017. Word abuzz come from privatisation, sale of their retail assets, blah, blah. This is not important. What is important is that, there is recently few upside down dragonfly Doris known as the "gravestone doji" appearing in the Parkson graph. Gravestone dojis usually appear when a bullrun has overran its course. But the weird case is that, it has showing up on the daily chart near the lowest point. Does this mean a bull is picking up again? But anyway, this is just a prank. I am seriously wasting my time talking non-sense. Oh well, who will ever about it and of course, if anyone believes my analysis, look forward to my siggy first before buying or considering. Let us consider this an educational information for everyone. Have a nice weekend ahead. Apologies for having me to take the pic as Investing.com is not really friendly in sharing links... time to talk candles. Yes, it's a good observation on your side on the gravestone. here's a bigger zoom in chart.  If you note there was a couple of plain doji's too. Here's the zoomed out images...  And the further one zooms out, the worst it gets...   And yes, it's really BAD since 2011.... note: consider this in 2011, Parkson was making 600 million ringgit per year. Last year it lost 99 million that says it all, yes? And of course, no stock falls straight down. As bad as it is, there were a couple instances of rebound.... So this is where it can complicate things. Some traders are EXTREMELY good at picking rebounds. They are pro. And they can make tons of money..... BUT many fail attempting such trades cos simply the odds are stacked heavily against them..... I can understand that perhaps one might gamble that Parkson could retest 73... note: volume has certainly been much livelier ... note: watch 655 sen. but for me, with such a deep downtrend, I would RESPECT the MASTER (ie the downtrend) ... and would probably wait and see if Parkson could trade past 78 sen. note: how it trades past 73 sen is also important On the PRG side....  Looks just as terrible, yes? On the brighter side....  PRG doing not that bad eh? that's about it. Wishing you good luck on your trades. |
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Apr 3 2017, 08:50 AM
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4,821 posts Joined: Mar 2009
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QUOTE(TakoC @ Apr 1 2017, 12:19 AM) Hope to get some thought on this too. High profile deal, but price down 9% upon closing. if you don't see any chartist come out to comment, it means they cannot predict what is the next move based on chart alone. But someday later, surely there are a lot of gurus come out to explain this and that after the chart painted. This post has been edited by lowya: Apr 3 2017, 08:52 AM |
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Apr 3 2017, 09:03 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 2 2017, 02:29 PM) Pop because BI approved. So it goes pop pop sound...... make money again eh? |
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Apr 3 2017, 09:09 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Apr 2 2017, 09:10 AM) Nope. Never been to MyTown nor Velocity. As for Sunway Velocity, I have been getting from people bad criticism about the place, hence, the reason why it is not doing well. And with less crowd, no surprise it will not do well. Malaysia's retail segment is barely floating! Ah Ben...Now, this one is really strange. Open two outlets nearly side by side. Really red flag indeed. In the years before this, they should have open one at Mid Valley or something. Yes, I cannot more than not agree that the management has a lot of problems now. But there was this company who is bleeding money, do not know which direction to undertake, also like Parkson, being too ambitious with launching too many products, now which company is that? Anyway, it is a GLC company but Parkson is not and so I cannot digress too much about this. But talking on technical terms, I do maybe see a rebound in this stock, maybe around till the 70c level. Definitely not IWCITY, AIRASIA style of rebounding. But speaking of better confirmations of an increase, if one is not comfortable with Parkson. Let me pull out some magic and if I can that I got this from KLSE Technical Analysis (all credits goes to him), there is always.....Benalec.....  this reply is probably 10 mins too late. |
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Apr 3 2017, 09:11 AM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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Morning guys 🙋🏻
Just back from crypto lala land.... Normal bursa trading resumes today 😸 |
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Apr 3 2017, 10:24 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(max_cavalera @ Apr 3 2017, 09:11 AM) Morning guys 🙋🏻 ....normal trading resumes.... just some wild swings here and there... Just back from crypto lala land.... Normal bursa trading resumes today 😸 |
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Apr 3 2017, 01:05 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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PAPER trade.. COMFORT at 71 cents..
» Click to show Spoiler - click again to hide... « |
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Apr 3 2017, 01:23 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 3 2017, 01:05 PM) PAPER trade.. COMFORT at 71 cents.. » Click to show Spoiler - click again to hide... « This is good ma... 1. Write down reasons why you buy. 2. Note market sentiments 3. Treat it as if you were trading with 100k real money. Take BDB the other day. Looked ok... Good dividend going ex. Theory to test? Jump into a stock which has going to pay dividend soon. Sub theory of it...trade long or short? If trade short...selling it immediately after it went ex...would yield what kind of result. blah...blah...blah... Oh...and check if Ah Boon got put his two coconuts into play or not...... This post has been edited by Boon3: Apr 3 2017, 01:23 PM |
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Apr 3 2017, 01:34 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 3 2017, 01:23 PM) This is good ma... 1. Write down reasons why you buy. 2. Note market sentiments 3. Treat it as if you were trading with 100k real money. Take BDB the other day. Looked ok... Good dividend going ex. Theory to test? Jump into a stock which has going to pay dividend soon. Sub theory of it...trade long or short? If trade short...selling it immediately after it went ex...would yield what kind of result. blah...blah...blah... Oh...and check if Ah Boon got put his two coconuts into play or not...... |
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Apr 3 2017, 05:31 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 3 2017, 09:03 AM) So it goes pop pop sound...... make money again eh? |
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Apr 3 2017, 06:46 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 3 2017, 01:34 PM) Scary stock.. dun dare use real money.. Getting scary ..... cos Gark thinks it's scary. Lot of stocks going pop pop hor... ahem.. ahem..... |
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Apr 3 2017, 08:56 PM
Show posts by this member only | IPv6 | Post
#459
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Boon3 @ Apr 3 2017, 06:46 PM) Getting scary ..... cos Gark thinks it's scary. Lot of stocks going pop pop hor... ahem.. ahem..... |
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Apr 4 2017, 11:55 AM
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Senior Member
1,087 posts Joined: Apr 2013
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chartians, if this 1 break 2.42, how ah?
damn, i was looking at the wrong thread for the past 2 months |
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Apr 4 2017, 03:00 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(spring onion @ Apr 4 2017, 11:55 AM) chartians, if this 1 break 2.42, how ah? damn, i was looking at the wrong thread for the past 2 months
damn, i was looking at the wrong thread for the past 2 months Shit! Looks like I gotta dig another new hole to hide.................. chartians, if this 1 break 2.42, how ah?  I try answer based on what you ask.... If it breaks 242 it will be higher than 242. Correct? |
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Apr 4 2017, 11:51 PM
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Senior Member
1,087 posts Joined: Apr 2013
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QUOTE(Boon3 @ Apr 4 2017, 03:00 PM) damn, i was looking at the wrong thread for the past 2 months your sarcasm is getting stronger liaoShit! Looks like I gotta dig another new hole to hide.................. chartians, if this 1 break 2.42, how ah? I try answer based on what you ask.... If it breaks 242 it will be higher than 242. Correct? of cuz we know it will be higher right after 242, but what happens after that? U turn, limit up, false signal? BTW, now is 243 how to set this trade? larger chart 
BTW, for deeper research » Click to show Spoiler - click again to hide... « |
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Apr 5 2017, 12:27 AM
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Senior Member
2,955 posts Joined: Sep 2009
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QUOTE(Boon3 @ Apr 4 2017, 03:00 PM) damn, i was looking at the wrong thread for the past 2 months The most "abuden" answer from you Shit! Looks like I gotta dig another new hole to hide.................. chartians, if this 1 break 2.42, how ah? I try answer based on what you ask.... If it breaks 242 it will be higher than 242. Correct? |
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Apr 5 2017, 12:29 AM
Show posts by this member only | IPv6 | Post
#464
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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hahahaha abuden answer
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Apr 5 2017, 12:44 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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Another PAPER trade.. OKA... @1.48
Test theory again... See can fail or not. Notice: Not a recommendation This post has been edited by gark: Apr 5 2017, 12:51 AM |
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Apr 5 2017, 07:54 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(shankar_dass93 @ Apr 5 2017, 12:27 AM) The most "abuden" answer from you Onion dude is old kaki la.....  But seriously... I did not know how to answer..... this was the chart....  and as u can see..... 2.42 is..... |
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Apr 5 2017, 07:55 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Apr 5 2017, 12:29 AM) hahahaha abuden answer Blardeeee hell...... batu api spotted. |
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Apr 5 2017, 07:57 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 5 2017, 12:44 AM) Another PAPER trade.. OKA... @1.48 and the theory is .... ?Test theory again... See can fail or not. Notice: Not a recommendation I traded this b4 last time.... errr.... 148 entry? This post has been edited by Boon3: Apr 5 2017, 08:00 AM |
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Apr 5 2017, 08:09 AM
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Senior Member
2,955 posts Joined: Sep 2009
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QUOTE(Boon3 @ Apr 5 2017, 07:54 AM) Onion dude is old kaki la..... But seriously... I did not know how to answer..... this was the chart.... and as u can see..... 2.42 is..... |
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Apr 5 2017, 08:59 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(spring onion @ Apr 4 2017, 11:51 PM) your sarcasm is getting stronger liao LOL! Sorry la.. hehehe ..... long time no see hor... of cuz we know it will be higher right after 242, but what happens after that? U turn, limit up, false signal? BTW, now is 243 how to set this trade? larger chart
BTW, for deeper research » Click to show Spoiler - click again to hide... « See la... you no put counter name down..... you think magician what I am meh.... This would have been the equivalent chart you posted.  As you from that chart.... what could I have seen? Where's 242? It's not even on the chart. Has the stock traded above 242 before? Can't even tell. So my answer to 'if this 1 break 2.42, how ah?' .... err..... yea.... a bit too sarcastic... but that's the best la ... I could have answer... from your chart... the stock has already shown great momentum... trading from a low of 180 to 230+ ... impressive run. and only when I zoom out a little (and knowing the stock name)... using a slightly longer time frame... I finally manage to see what you are trying to say...  ... and as you can see... it should be 243 and not 242... If you followed my postings, generally I am not into S&R.... supports and resistances .... err.... it's like its there but isn't there type of indicator... sometimes it's good to know... but then... sometimes.... it's simply simply not even relevant.. One day they would draw the S&R lines here and there... the next day....within a blink of an eye.... one of the lines is quickly redrawn.... LOL! Some would go... 'how could an analysis be so flip floppy so fast one?' Anyway.... for me ... using ur 242.... I would HAD probably drawn these two lines...  so technically.... there's a chance/possibility the stock could retest that previous high of 285.... (please note the exact england meaning of the bolded words) The question to be asked is.... Is there enough momentum to drive the stock forward? Your initial chart... The stock had a deep correction in Nov. Since Nov is a reporting quarter for YSP, it's damn important to know what happened. ** Now the stock started giving way early early Nov. Notice the black candles that kicked of Nov? Next we saw that YSP only reported its earnings on 15/11 and ..... boom boom pow! stock went longkang big time on 16/11 - the day after the earnings. 2 things ... Q earnings can impact stock bad bad - esp for those stocks branded as 'fundamental stocks' for some stocks... insiders always seem to know.... *** Moving on...  Well for me... 1. The Dec/Jan movement... I would consider that as general technical rebound to account for the Nov collapse... 2. Stock started kicking up in Feb. Notice the long white calendar on 3/2 ? 3. Deja vu again? Insiders know? 4. Boom boom pow! And they win again.... YSP had a strong 4th Q. 5. The movements in March... were as expected.... 6. However.... the recent most 4 candles.... very. very, strong. This is how I would have done my review. And judging from all these, perhaps I would say that there's justifications to reckon that the stock could indeed retest the next high.... counting in the fact that market sentiments is rather positive lately.... BUT..... as a risk management issue..... you probably might want to take into consideration that the stock did not really have a decent consolidation period ... so you need to account for it...... This type of answer ok bo? Fingers got keyboard blisters liao.... boohoo....... |
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Apr 5 2017, 10:11 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 5 2017, 07:57 AM) and the theory is .... ? Yeah late entry, if done earlier can get below 1.20.. I traded this b4 last time.... errr.... 148 entry? Delay delay buy.. end up price higher.. » Click to show Spoiler - click again to hide... « This post has been edited by gark: Apr 5 2017, 10:46 AM |
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Apr 5 2017, 11:02 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 5 2017, 10:11 AM) Yeah late entry, if done earlier can get below 1.20.. Hehe..... Delay delay buy.. end up price higher.. » Click to show Spoiler - click again to hide... « 1. Which is the long consolidation period you are referring to? 2. 1.20 - 1.45.? This sounds like a huge range.... err... on mobile now. So not exactly sure what you are talking about..... 3. The syabas new pipe works uses a lot of OKA pipes. One can see it everywhere in Kayel. 4. Unsure about OKA 's HSS involvements.... |
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Apr 5 2017, 11:11 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 5 2017, 11:02 AM) Hehe..... For the chart thingy, dont believe me as I am poor in chart reading. 1. Which is the long consolidation period you are referring to? 2. 1.20 - 1.45.? This sounds like a huge range.... err... on mobile now. So not exactly sure what you are talking about..... 3. The syabas new pipe works uses a lot of OKA pipes. One can see it everywhere in Kayel. 4. Unsure about OKA 's HSS involvements.... OKA is champion in precast drainage. If you build a new highway or infrastructure, you will need precast parts. They supplied quite a lot of precast for the Ipoh-Rawang double track.. This post has been edited by gark: Apr 5 2017, 11:12 AM |
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Apr 5 2017, 11:12 AM
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All Stars
15,942 posts Joined: Jun 2008
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btw...
one of the objectives is to find trading setups you can replicate and in this process you will also find out which are the setups which are iffys and risky. Side note... Using your super boy...what you note? Me? Last year..when stocks broke out ie whenever a stock records a long white candle or after 3 run up days, the stock sure consolidate. And consolidates for 3 days. Then moves up again. Now? The market hotter...your super boy cooled down only 1 day then went boom boom pow again. Why to note this? If one trades long enough, one would realise that one cannot trade the same style everyday, every year. Think real sea fishing and the weather. |
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Apr 5 2017, 11:14 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 5 2017, 11:11 AM) For the chart thingy, dont believe me as I am poor in chart reading. Champion meh? G-cast? I see that also. OKA is champion in precast drainage. If you build a new highway or infrastructure, you will need precast parts. They supplied quite a lot of precast for the Ipoh-Rawang double track.. |
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Apr 5 2017, 11:14 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 5 2017, 11:14 AM) Champion meh? G-cast? I see that also. One of the 7 supplier approved by SPAN.. Hume is the largest. G-Cast is Chin Hin's brand.. u go see chin hin's valuation, much higher.. This post has been edited by gark: Apr 5 2017, 11:18 AM |
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Apr 5 2017, 11:33 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 5 2017, 11:14 AM) One of the 7 supplier approved by SPAN.. Hume is the largest. I posting based on what i see on those Puncak drainage projects.G-Cast is Chin Hin's brand.. u go see chin hin's valuation, much higher.. I see OKA name on those big precast drainage (these are stacked vertically) and I see GCast name on the big precast cover. The smaller sized pipes are GCasts. I understand it is competitive. Anyway I saw the potential last time. I jumped in. Great entry. Then the projects around my area stopped. Apparently Puncak were in dispute with their contractors... I was The ori contractors were so pro in my area, extremely efficient.... Then Puncak workers came in.... Everything seems haywire.... Locked in my profits... No multi bagger and yea beggars can't be baggers. That's about it la.... |
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Apr 6 2017, 09:44 AM
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All Stars
15,942 posts Joined: Jun 2008
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Oh mana tu cooldownguy86 ?
Ah Gark main main with OK a ...... |
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Apr 6 2017, 09:59 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Apr 5 2017, 12:29 AM) hahahaha abuden answer  macam macam ..... |
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Apr 6 2017, 11:18 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 6 2017, 09:44 AM) Oh mana tu cooldownguy86 ? Haha.. why call me? I dunno whois cooldownguy leh? Ah Gark main main with OK a ...... |
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Apr 6 2017, 11:24 AM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 6 2017, 11:18 AM) Haha.. why call me? I dunno whois cooldownguy leh? ...cos you The Lengchai One |
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Apr 6 2017, 02:37 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 6 2017, 11:24 AM) ...cos you The Lengchai One Your in sas u turn balik lo... |
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Apr 6 2017, 02:45 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 6 2017, 02:37 PM) Your in sas u turn balik lo... Hahaha. I just saw. That day fun fun buat paper trade la. Real trade? NO way. I just don't like trading holding company shares. |
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Apr 6 2017, 02:50 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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ini baru big cup to medium cup to small cup
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Apr 6 2017, 02:53 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(djhenry91 @ Apr 6 2017, 02:50 PM) ini baru big cup to medium cup to small cup I want DD cup got?
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Apr 6 2017, 03:21 PM
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(gark @ Apr 6 2017, 02:53 PM) I want DD cup got? can..u need create urself haha |
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Apr 6 2017, 05:22 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Apr 6 2017, 03:21 PM) can..u need create urself haha LOL! You guys ah... Just cos D cup.... all eyes go --->> Selective seeing... Seeing what our eyes only wanting to see..... See hor.... If I draw like this below.... can onot?  |
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Apr 6 2017, 06:15 PM
Show posts by this member only | IPv6 | Post
#488
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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QUOTE(Boon3 @ Apr 6 2017, 05:22 PM) LOL! You guys ah... Just cos D cup.... all eyes go --->> Selective seeing... Seeing what our eyes only wanting to see..... See hor.... If I draw like this below.... can onot? |
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Apr 6 2017, 06:31 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Apr 6 2017, 06:15 PM) u draw like big cup cover medium to small size cup Have to cover all ma....no meh? See when you start to draw a cup.... first you have the rim of the cup yes? So you draw it all way to the rounded bottom.... yes? » Click to show Spoiler - click again to hide... « from the bottom.... you then draw it back up.... when you drawing the way back up... don't you need to draw the other rim of the cup ? and shouldn't the rim be at the same level? err.... as you can see... my blue line drawing... not every artistic.... lol.... so.... |
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Apr 6 2017, 06:44 PM
Show posts by this member only | IPv6 | Post
#490
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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urs is like overall pic of one big cup
i draw somehow like timeframe punya cup..hmmm |
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Apr 6 2017, 07:00 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(Boon3 @ Apr 6 2017, 05:22 PM) LOL! You guys ah... Just cos D cup.... all eyes go --->> Selective seeing... Seeing what our eyes only wanting to see..... See hor.... If I draw like this below.... can onot? I have looked into your graph closely with djhenry's and I think from your both of the graphs if interpreted correctly, I can say this graph is going consolidated mode soon. However, looking at the weekly timeframe, an uptrend looks imminent anytime after the consolidation give it around 1 to 3 months for the stock to go upwards.  
P.S. This cup looks very horrible as I just got a drawing pad and am not used to it. Hopefully this helps. This post has been edited by ILoveLalat.net: Apr 6 2017, 07:01 PM |
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Apr 6 2017, 07:07 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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I just notice it is LBalum graph...
I am monitoring this currently with it's sister company Arank... which i think have even higher potential.. Got potential in terms of FA too.. low PE, net cash.. Why? Contango and one graph says it all.... 
QUOTE Contango is a situation where the futures price of a commodity is above the expected future spot price. Contango refers to a situation where the future spot price is below the current price, and people are willing to pay more for a commodity at some point in the future than the actual expected price of the commodity. This post has been edited by gark: Apr 6 2017, 07:09 PM |
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Apr 6 2017, 07:24 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(ILoveLalat.net @ Apr 6 2017, 07:00 PM) Niceeeeee. Hahaha....I have looked into your graph closely with djhenry's and I think from your both of the graphs if interpreted correctly, I can say this graph is going consolidated mode soon. However, looking at the weekly timeframe, an uptrend looks imminent anytime after the consolidation give it around 1 to 3 months for the stock to go upwards.
P.S. This cup looks very horrible as I just got a drawing pad and am not used to it. Hopefully this helps. my drawing looks cacat too..... which is why you don't see me attempt to write on my charts... remember.... the handles needs to be formed.... *** wait..... need to see the volume too. somehow... I don't like these type of cups.... they are not well rounded..... hence they are rather suspect to failed patterns... This post has been edited by Boon3: Apr 6 2017, 07:25 PM |
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Apr 6 2017, 07:30 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 6 2017, 07:07 PM) I just notice it is LBalum graph... hehehe.... we did chat briefly on this.... I am monitoring this currently with it's sister company Arank... which i think have even higher potential.. Got potential in terms of FA too.. low PE, net cash.. Why? Contango and one graph says it all....
actually.... for me... I think many are getting carried... is this really a bull market? or is it merely bullish sentiments vibes? |
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Apr 6 2017, 07:35 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Boon3 @ Apr 6 2017, 07:30 PM) hehehe.... we did chat briefly on this.... Ok mah as long as Alu price keep going up... these players will benefit. The moment Alu price u-turn.. quickly run away lo. actually.... for me... I think many are getting carried... is this really a bull market? or is it merely bullish sentiments vibes? |
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Apr 6 2017, 07:56 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(gark @ Apr 6 2017, 07:35 PM) Ok mah as long as Alu price keep going up... these players will benefit. The moment Alu price u-turn.. quickly run away lo. Oh... that was 2 separate issues really.... |
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Apr 6 2017, 08:45 PM
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All Stars
15,942 posts Joined: Jun 2008
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Here's my interpretation...
The weekly time frame...  Basically, it's a strong trending stock.... and here's the daily...  today's candle...a gapped up dragonfly doji in an uptrend .... and after a long candle... hmmmm I would watch how tomorrow trading goes... if weakness shows.... then there's a possibility that the recent gap might see some closing.... which is still ok as long as the uptrend not broken |
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Apr 6 2017, 08:52 PM
Show posts by this member only | IPv6 | Post
#498
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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what i think la |
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Apr 6 2017, 09:09 PM
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All Stars
15,942 posts Joined: Jun 2008
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QUOTE(djhenry91 @ Apr 6 2017, 08:52 PM)
what i think la Different views. |
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Apr 6 2017, 09:14 PM
Show posts by this member only | IPv6 | Post
#500
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven
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noob skill je hahaha
btw do u guy see before half cup? haha 
This post has been edited by djhenry91: Apr 6 2017, 09:26 PM |
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