this is rather rather ridiculous suggestion from the non-rookie advise.
if capital 1k or less of coz no playing la. small capital oso can gain 1,
not necessarily need huge capital than baru start thinking of trading.

trade little earn little of coz loss oso little
trade more earn more of coz loss oso more

oh...result out liao...nt bad nt bad.....div ex-date on Jan wor...so still got time for them to 'goreng' hehehehe.....go go go

I disagree.

As someone with small capital, it's all the more CRUCIAL to preserve your army.
You don't want your one and only army to be wiped out or get stuck in a war of attrition.

The small cash amount will mean the minimum brokerage is much higher RM 14 per buy and sell transaction = 1.4% buy, 1.4% sell.

You need the share to rise 3% to break even....
No need to say if ur min brokerage is 28, u'll need a 6% rise to break even if u're purchasing with 1k and below.

Even if the share didn't move, u're already having a paper loss of 3%/ 6% to the transaction fees
And if u made a bad choice, and it drops, you'll be stuck even worst.

Definitely not suggesting ppl to trade with such a small amount. The surest way to lose money, if i may add. You start off with a 1.4% paper loss the moment you bought the shares. And at the time you sell, it's at 2.8% paper loss.

it's like 20% 80% odds of you making money from a trade if you buy at 1k below, u'll have better odds playing big small at genting, and staying in resorts

This post has been edited by eltaria: Dec 11 2008, 09:50 AM

I can share my experience, I first traded stocks were KLK and PPB, both at around 7.00.

I am not against penny stock, just advise people don't look at low price means they are cheap and having more potential, it doesn't correlated.

Stock become too low price has its reason, stock price is not something just figure that moving up and down for fun.

erm .. ur explanation is good but u given an 1K and < example here...
As my post there i'd clearly mention if 1K or less I wouldn't trade. my small trade is 5k.

ppl trade's objective is gain and hoping the share to rise, not the other way round.
even for a penny stock movement is 1/2 cents meanwhile for BAT shares movement is 25 cents.
though both penny stock n dollar stock valued may differ, but the investment method still the same its the timing n decision making that does matter?

"ppl tend to think that small trader tend to loss $, while big player tend to generate tonnes of $" IMO

aoisky, actually baronic's statement is on 1k trades. So i'd assume ur reply was on his 1k trade.

3-5k, definitely can trade... I have good and bad trades both with penny and bigger stocks.

Penny stocks is good too if bought at right prices... i were thinking about going in for scomi at 0.355 just now, didn't and now it's at 0.365+ dee

1 or 2 bids up, can net you some profit for penny stocks.

so what is the hot stock today
so boring take leave today stay at home watch CI

thanks again mr. cherroy willing to share ur precious experience here.

but with low capital ppl tend to aiming cheap stock (due to limited choices) coz can diversified our investment (don't put all ur eggs in 1 basket), on the other hand huge capital wider option can but bluechip buy BAT or even speculate penny stock. "still ppl mind set la after all" u r right mr. cherroy,

no offense to come with such opinion but thanks for all the feedback.
cause I dont comes out with such ridiculous idea wouldn't learn from siffoo

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Added on December 11, 2008, 10:45 amer... scomi r y u looking at scomi leh....
i am waiting this bullshit stock to rise n sale it when its the right time.

o ya btw recently those oil related stock not performing well. KNM like yO - Yo

This post has been edited by aoisky: Dec 11 2008, 10:48 AM

If for short term trade and speculation, blue chips, potato chips or chocolate chips make no different, as you only trade the differentiate in the price, it is just like a gaming process or a computer game that you speculate the price movement only, whether it is ABC or XYZ stock, make no different, it is all about price movement only.

But previous statement I made is about long term investment, ie. you are actually investing in the company and aims for that company make profit for you and growth with the company.

i LOLed hard at the bold part

For short term trades, scomi is ok i believe, the price is swinging well between 0.34-0.37 ranges.
If you get it at right price, 0.35 < i believe can make some trade gains out of it

scomi .. hmm

all counters today seem boring dont hv any fluctuation

anybody having streamyx problem especially into interational websites?

take leave to watch CI but now got no movement. Then your
leave is wasted

ya lo waste my leave nvm i took 2 days tml still can watch .. still hv leave to clear
my internet at home is far more smoother than in the office haha

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Added on December 11, 2008, 11:13 amgamuda up slowly in this past few days from low as 1.5 to now 1.77 not bad

This post has been edited by mo_meng: Dec 11 2008, 11:13 AM

PA still moving lor and already broke the 0.50 resistance. Next stop is 0.535

speaking of long term investment, is MMC a good buy at such price?

I'm thinking it's a good deal if we look at it from a 3-5 years frame.
SATS purchase, if it goes through the AGM while it's expensive, and it's a RPT, and paid in cash some more, there's an upside to it as well as it synergizes well with their logistics business, from port to plane.

Not to mention their other ongoing projects as well.

what do you all think?

those who bought PA at 0.2+ now already earn 100% woo

If i have TNB stock, 10 Dec is the X date, when can sell the stock? Is it 12 or 15 Dec? TQ

This post has been edited by yang yang: Dec 11 2008, 11:34 AM

Any news/rumours on this counter or plain goreng?