thinking of buying rtk? any other better suggestion?

imo, if u dun mind the volatility, u can keep it for the long term till $50, since now its at 50day ma support
well, from the charts, it seems like in accumulation phase within the range of $12-24



furthermore, the sister stock in the group has broken out to new highs eg. wms



http://finance.yahoo.com/q/in?s=LVS

well, do have ur cut loss ready if it can't beat analyst earnings estimates
(which wms had been consistently doing )

http://www.reuters.com/finance/stocks/estimates?symbol=LVS

http://www.reuters.com/finance/stocks/estimates?symbol=WMS

---

Added on October 19, 2009, 5:22 pmimo, options is very rewarding & risky at the same time, as u can lose everything or maybe gain roket style
during earning season, stock move so fast that cut loss would be larger than expected
suggest buy call or put options more than 3 months expiry time frame
well, sometimes, stock rise before earnings date, then maybe can sell at that time
anyway, eg. assuming gamble & expect lvs to hit around $50 after 3 months

buy 100 share of lvs cost us 16.85*100=1685 (comparing cost & benefit analysis of stock or option style)

or buy 1 call option contract LJJCP.X at $3.60 is 100 unit * $3.60 = 360

or if u feel like shorting, buy 1 put option contract LJJOP.X which cost 300

now, we sit & wait to see how it works in a few weeks time or after they report their earnings

well, if we want exit anytime during this 3 months, we can just close the options position, wherever our target price is, as not a good idea to let options expire worthless

http://finance.yahoo.com/q/os?s=LVS&m=2010-03-19


This post has been edited by sulifeisgreat: Oct 19 2009, 05:22 PM

here are 2 swing trade



cbst now 18.75, target profit around 21.50, cut loss 18



ebs now 15,92, target profit around 19.50, cut loss 15

here are 2 breakouts, with no target profit yet, coz its a breakout



gymb now 47.78, cut loss 40



fuqi now 27.17, cut loss 20

notice most of the post here are about faq on opening trading ac, its cost & how to transfer the funds?
well, i wonder what is the next step after that?

coz, they may scrimp on books, other educational websites & trading courses - which imo, is a prerequisite to enter this trading field
at the end, it may cost them a huge tiution fees by going it alone "gung ho" style & reinventing the wheel
provided they dun get burn charcoal black by the market or forever stuck in virtual trade

imho, trading is a journey where, one will find his/ her own trading style after going thru the trial & error + understanding oneself
one thing i learnt after many years is this : “Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.” –Jesse Livermore

also never trust tips, alwiz do ur analysis. below is an interesting chart which most of us will be familiar with, a battle between greed & fear
one of the books recommended for reading is nicolas darvas (as i'm not a fan of buffet)... jmo, happy trading & m'sia boleh!

right click on the image. save to ur pc, from there, u can open or enlarge for viewing

imo but beware, here is a stock for swing trading, as earnings due 22/10/09.
alwiz set ur target profit & loss in advance, as if stock dun move rite, we dun wan to hold the bag & be an involuntary long term investor, also move ur trailing stop if it goes up. coz we either win some or we lose most

eg. a quick case study in options vs stock % movement. taking strike price of $5 & expiry on 19/3/10. of coz, we can take other expiry date & price too. whichever suit ur style



if we think its going up
buy stock 100*5.44=544
or buy call option QQPCA.X 100*1.4=140

but if we think its going down
sell stock 100*5.44=544
or buy put option QQPOA.X 100*1=100

http://finance.yahoo.com/q/os?s=SPAR&m=2010-03-19

well if u own 100 of the stock, u can write a cover call, collect premium & the money wil be in ur ac, provided u gamble & stock move in ur direction. otherwise ur 100 stock would be sold & u collect balance of the proceeds. if u gamble rite, then u get to keep ur 100 stock & the premium collected from cover call... dream on

if we think its going down
sell call option QQPCA.X 100*.85=85
coz if we sell a put option & it really moves down, our stock wil be sold

if we think its going up
sell put option QQPOA.X 100*.7=70
coz if we sell a call option & it really moves up, our stock wil be sold

taking a gamble, i think spar may move up, so i use scenario buy stock/ buy call options/ sell put options
as it has been beating earnings estimates, otherwise its arang batu time - jmo

http://www.reuters.com/finance/stocks/esti...s?symbol=SPAR.O

i have to agree with most of the post here which suggest invest in etf for the long run
it is good for diversification via country & sectors (can read up in morningstar)
suggest remain dividend there & let it reinvest to purchase more etf stocks

http://news.morningstar.com/etf/Lists/ETFReturns.html

heck, u can even go for ewm, which is m'sia
options is allowed & voila u can buy or short the klse in us via options too
instead of taking a big risk via futures trading in m'sia
do read up on money management skills (ie. risk reward ratio)



imo, aig can be kept long term for cucu as target sell is $500 (50ma acting as support & is above 200ma)
provided it break above $150, btw looking at volume, maybe got chance
along the way, there will be an overhead supply hurdle around $150
as whoever got stuck buying around that level will be crying & hoping that can sell
later one wil learn, hope does not exist in the market, the tiution fee wil imprint this lesson & experience on u
can ur interest in trading & capital outlast the stock market tiution master?
company may make money & beat earnings, yet stock still tidur, y?
company no make money, but stock go up, y?
ur teknikal, fundamental & personal analysis says the stock is right to buy or short, yet it tidur or do other things, y?
opinions dun matters, what the stock does - matters!
hmm... seek & u will find in this exciting trading journey

http://ichart.finance.yahoo.com/z?s=AIG&t=...p=m50,m200,v&a=



imo, c is also showing positive same sign as aig, means good for our cucu
c target profit is $20, but got an overhead supply hurdle to clear around $8 first
looking at the doji, it may clear above $5 & move up
who knows, it may even pullback & shake out a few weak holders
its very unpredictable, all we can do is gamble on its movement
anyway, trading is 50% skill & 50% luck - jmo

http://ichart.finance.yahoo.com/z?s=C&t=2y...p=m50,m200,v&a=



oh well, along the way, as wat the other posters say, we can range trade it
stock price movement is all about supply & demand (+ sector rotation by the momo)

aiyah... dun say like tat "If I have seen further it is only by standing on the shoulders of giants - Sir Isaac Newton"

i also went thru the same process as u all & it was others who assist me way much earlier & guide the way for me.
so, i just doing my part in this trading field. well, hope the newbies can set up their ac & do the rough job soon. as they hav a long learning curve way to go. tat is if they r still interested...

appreciate tat we try to exchange knowledge here & u all assisting the newbies on starting up & taking their baby steps in trading. any ideas how to make tis thread alive? or wat r we even doing on tis thread? constructive criticism is much appreciated if possible haha, coz i can be wrong too

hmm do u guys try set up a list of stocks to trade on a fortnight basis? or maybe track which industry is performing? or wat stock performing in that group? who knows, maybe can attract some newbies instead of onli 4 of us communicating with each other. or maybe the newbies can ask us about their stock selection, what to read, which courses is better, method use & etc. we alwiz learn sumting new everyday, no matter how silly or sophisticated the query is

http://www.reuters.com/finance/industries/allIndustries

eg. like one of the post on options calendar spread, maybe the poster can elaborate further, so we can learn more & share his/ her experience on options & futures trading

coz if tis thread is dead, no point the 4 of us continue this for fun so i'll monitor it awhile, if thread smells dead, looks dead, feels dead, then it is dead

aapl, will never know got pullback or wil breakout further. follow the money...

zamans98, no prob on tat. but izit ok, if we use live data to learn instead
teori reminds me of school days, sure tidur wan - live data, lagi shiok sendiri
refer spar, by friday, we should be able to construct wat went right or wrong from there (provided stock tak tidur)
or else when lvs report earnings

or do u have any other share in mind, u wan to perform a simple tutorial for option, we can dissect it

ure & uyg looks good for super long term

well, market is actually in an uptrend for quite awhile now, so we wun kacau the klse gang
& have been waiting so long for a correction which never comes
so, if u can't beat them, join em!

congrats on taking the step...
haha, jus curious, which part of graph & language sounds or look confusing?
well, can i ask which 1 or 2 stock u invested in. then i try assist to put chart & alien language inside & try make u feel comfortable. no need shy, we all here to learn & exchange info

will this help in simple options introduction?
http://en.wikipedia.org/wiki/Option_%28finance%29
http://www.option-trading-guide.com/options_guide.html

imo, basically options is :
1 option contract give u the right to control 100 stock whithin a certain timeframe
u take a gamble on where stock may move
if it move there, u win
if it tidur or gostan, u kena bakar

straddle is where u have no idea stock moves. take kiasu method, buy call & put at same time
depends if call move more than put, u win
if not, u lose again

i'm not familiar with the advance areas on spreads & etc. as some use it for hedging risk too

the open interest which u see are where the other option holders are hoping stock will move
so, try find active options, or else if quiet, then boring

does it help?

refer post#1426
r u familiar with support & resistance level?
then ur 10.18 would be a support level
target profit 30-35 , as it is where the overhead supply is located, a resistance level
imo it would range trade 12-24
since u r sitting in a very comfortable position, u can sit thru the volatility
unless they miss the earnings, then it would drop

yup, it also depends on ur objective, if u targetted $20 pft
u could have sold it & then look for new stock

well, can enquire wat was ur initial target profit or cut loss level?
coz lvs now consider tidur status
for me ur initial $20 profit, i would have sold alredi & go hunting for new one

but r u a long term or short term player?
wat r u comfortable with?
r u risk averse or willing take risk?
u like buffet or darvas method?
imo blind method is quite risky

i started off thinking i like to take risk, but as time goes by, i found actually my method is more risk averse type
think & do are 2 diiferent things

noted some of the posters replies & since there r lurkers around, we'll do wat we can to keep it alive along with the old timer & regular sifus

u might consider medium term investing too
well, hope u all dun get stuck in reading books or virtual trade forever
coz the thread needs a two way traffic for it to be alive & not remain in icu
the only way to learn, is to put down cold real hard cash, then suddenly all ur virtual trading style & books theory fly out the window
ur emotions will take over. a 10 sen drop wil make u sweat. fear & greed is now ur new frens every time u see the stock or sleeping at night
make sure the capital r ur savings that u r willing to let it all burnt...haha
the day when u can take emotions out of trading, is a day that u learn something new
have fun

anyway, just swing traded bcrx & cksw, since no idea whther it can go higher or not? i took my profit & run liao





can u all see the set up of the chart & y it could be swing traded? understand its a bit difficult
but after u have run thru thousand of charts & traded some of them, u would be to feel a swing trade or breakout
by combining techincal & fundamental analysis, with ur personal analisis
ur success or failure would depend very much on the self performance & effort u r willing to put in
of coz u might go around hitting walls, so thats y the internet is around for us to share & exchange knowledge

[quote=mH3nG,Oct 20 2009, 11:35 PM]
I've heard of a W, U and V shaped recovery but this is the first time I've heard of a square root one.

yup, interesting article that bring a smile to our trading day sure does make this thread interesting - keep up the fun work

eerr, need to reconfirm the time frame u r looking at? seems we looking at different time horizon, but imo it seems to be uptrend

well the case study for cbst & ebs also cut loss, oh well, shit happens
but once selling subside & if it ever got doji + stock able to tidur in a very tight price range, maybe can st!

imo additional airlines stock to add for watchlist (caveat emptor)



xjt target 10-15, entry level maybe wait for dip



aai another st candidate, as sighted doji (read up on candlestick), hav proft & loss level ready



cea target 80, got overhead 40-50, to enter now or wait pullback to 26

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Added on October 21, 2009, 10:14 amgee... wat is dog jones? or LYN?
& with their skills from klse, it could be possible to pick up fast even in this new playing field



This post has been edited by sulifeisgreat: Oct 21 2009, 10:14 AM

hmm... all those r analyst opinion, its ok to read up, but for every issue. there is alwiz 2 side of a coin
so, if u dun have a stand, it will look pretty miserable & confusing
since they all have their points & r able to back it up with wateva research they've done
at the end, watch what is the market doing? money is more powderful than words

below is a slightly long, boring & tedious reading, coz i got F9 in english la

imo, to make a stand, u got to trade with some small capital & hav ur own analisis
while in the process of doing tat, b4 trading anything
go read up on yahoo chat rooms & etc on a particular stock
there will be the pro & the anti, then u can find out actually where u stand theoretically
they may giv u website links to back up their r&d
also u can google to go into deeper findings

after all tis, buy the stock if u have done ur r&d
the moment u hit the enter button on ur keyboard
u r now alice in wonderland

tis trial & error wil cost u $$$, as u r fighting with emotions & reinventing the wheel
coz human beings by their nature loves to prove others wrong & inside them is wannabe indiana jones or lara croft trying to get out
if i ask u buy a share when it reach new high? wil u buy? coz theoretically idea is to buy high & sell higher! y?
but if during stagnation period, swing trade would be an ok teknik, would u follow? y?
how abt during market crash? or i tell u to trade the trend? how do u define trend? support or resistance?
also izit volume under accumulation or distribution?
heard that bulls take the staircase (& not lift) while bear jump out the window (without parachute)! y? pls google up - tq

some company make lots of monies & beat earnings, but if the momos r not buying yet
how u wanna tag along for the ride?
u got to read up on sector rotation too, as they r the giants with lots of liquid capital
but like all human beings, they can be prone to mistake when ego gets to them...
does this paragraph make sense? pls google up - tq

if i say, a weekly chart can help u see things from a wider perspective
cross checking it with stock in the industry sector to find its leaders can be a confirmation
& see r they all moving in synchronition?
does this paragraph make sense? pls google up - tq

teknikal & fundamental r lagging at times
i started off using & testing many of them
finally i use KISS "keep it simple s....."
some says macd, triangle, metastock, monthly chart, analyst report, motley fool, candlestick, trading website & etc works for them, some says no...
where do u stand?
normally its - "i heard the book & my fren punya fren punya fren says it work", so i think it wil work
but does it work? onli u urself can answer that

the stock price & volume is the only thing that is up to date & telling u what is happening
however what is the time frame u r looking at? r they in a shakeout or minor pullback b4 resume uptrend or it is really collapsing?
stock market moves in anticipation of the future, most news u wil read is old & stale

to generate $$$ from the market, izit worth it to spent ur time & effort taking such a long cut, as it sounds so hard & tedious. hmm, i dunno abt short cut, as i have not found them yet anyone care to share?

anyway, if stock fails to do wat u wan it to do. post mortem it, at the end, ur bank ac bal wil tell u whther u r doing rite or not

ok la, bedtime stories aside, if u got the time & some loose change, do buy to read up.
this trading or investing process is something like dieting. to reduce weight, reading diet books or asking frens to motivate u is nothing compared to u taking the self discipline & effort to reduce weight

http://www.amazon.com/Reminiscences-Stock-...s/dp/0471770884

c price channel is 4-5.3 @ range trading
in theory means buy around 4.3 sell around 4.8 & vice versa
it also depends wat ur game plan & risk management is

suggest if u have some spare cash to burnt, do buy call option
for those of u who think c can go up over the medium term , say jan2011
& if ur trading ac allows option trading (options works something like warrant)



i prefer to buy as close to strike price as possible
which is +VRNAA at 0.78
so 1 contract is 100 units, thus 100*.78=78 before comm
anyway, u can see the open interest is 1,002,928 (those gamblers include me)
assuming c is at $5 on 22/1/11, u need to pay $500-$78=$422 to own the entire 100 units of c
otherwise, u can see what is the options price & close position on that day or anytime before that or just do nothing & let it expire worthless

assuming u do not exercise ur options
if at 22/1/11, c price is still $5, u most likely lose all $78 if u do not exercise it
however if it is price $4, u guarantee lose $78 if u do not exercise it
if it is higher than $5, in theory, every dollar c moves up, its every dollar ur options move up...ahem in theory (but u would really be darn to exercise it)

+VRNAU strike price is $7.5 for .33
if by 22/1/11, c does not reach $7.5, u lose ur entire $33 if u do not exercise it
otherwise, refer above explanation

+VRNAY strike is $2.5 for $2.17
if by 22/1/11, c remains at $2.50, u most likely lose ur entire $217 if u do not exercise it
otherwise, refer above explanation

some of u think c can drop lower, then u can wait
but if 50 cents movement does not concern u
u can gamble on this - haha, caveat emptor

here r more stuffs, i google & pick from internet
i dun advertise, agree nor disagree with them, i jus see whther they conveying a topic that can be understood or not
if can't be understood, then u need google & do further r&d
pelajaran hari ini untuk investing & trading101 would be on candlestick & 50-200 moving day average

http://optionstradingbeginner.blogspot.com...hart-basic.html

http://education.wallstreetsurvivor.com/node/400

"wat works for me, may not even work for me, so can it work for u"

gee... i have never found many good tip that sure win
normally for me the loss sometimes outweigh the wins, following tips...
but if u really do come across, pls share

izit ok if u help to do a homework for our trading & investing101 class?
can u try google & find out more about industry sectors?
or anyone out there willing to volunteer?

---

Added on October 22, 2009, 9:47 amlearning to trade is tough, trading is even tougher, so this thread needs to lighten up
btw, thats no doll, thats the famous barney

This post has been edited by sulifeisgreat: Oct 22 2009, 09:52 AM