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 Investors Club V10, Previously known as Traders Kopitiam

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greyshadow
post Feb 13 2020, 02:47 PM

I bleed it out, Diggin' deeper just to throw it away!
******
Senior Member
1,844 posts

Joined: Jan 2003
From: Kingdom of Sarawak



new to stock, this is my first week in trading!

anyway, is EPF is good benchmark? basically when I saw an announcement EPF is dumping a certain stock, its price will drop pretty fast, and the opposite if they acquire it hmm.gif


greyshadow
post Feb 13 2020, 03:04 PM

I bleed it out, Diggin' deeper just to throw it away!
******
Senior Member
1,844 posts

Joined: Jan 2003
From: Kingdom of Sarawak



and also I'm still learning, hope to learn from the sifu here icon_rolleyes.gif

So I've set aside a small amount of funds for trading, since the FD rate are pretty shitty now, so I was thinking why not invest in stock market since some of the stocks are at their all time low now due to certain factors like scandals & disasters. If stock price increase after the crisis then good la, better return than FD, if drop further, nvm then, will treat it as just bad luck, some unexpected expenses like expensive car repairs tongue.gif and hold it until it rebound, hopefully.

Also about pennyshares, will a hit & run tactic sustainable for long term?
example I targeted a high vol pennyshare, then just let go when price increases just by 0.005, to make a tiny profit, and rinse & repeat
since it's pennyshare, it won't drop too much or too drastically, and if got burned, also won't be too hurtful... this tactic ok? hmm.gif

greyshadow
post Feb 14 2020, 10:12 AM

I bleed it out, Diggin' deeper just to throw it away!
******
Senior Member
1,844 posts

Joined: Jan 2003
From: Kingdom of Sarawak



QUOTE(danielcmugen @ Feb 14 2020, 08:49 AM)
Those few sen penny stocks, very hard to buy in at ur desired price. Long queue. Hard to sell also. Dont think u can buy at 1 sen and sell at 1.5 sen.
*
well, I've tried, yes it's long queue and hard to buy or sell, but still possible if you're persistent
managed to buy/sell one this week at 1 sen profit icon_rolleyes.gif

anyway, am still learning and getting a feel on how's the market moving, especially on penny shares
since my investment is small, i don't expect a huge return, or will get hurt badly as well

don't dare to touch those big stocks yet, first budget doesn't allow, second doesn't have the experience yet tongue.gif


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