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!!!

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.

I believe that if one wants to be good in the market...
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.

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? )  ????

.......in all the king fu movies that i can remember, the sifu usually die one...........

I do not want to die ..................... so please no sifu sifu here

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?

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..... 

What is the meaning of paper trade?

I see.

BTW I am thinking to collect BDB (6173), any comments from sifu here?