My trading

Brexit is coming next thursday, dare to gamble ?

Hiu Chee Keong
Publish date: Wed, 15 Jun 2016, 07:38 AM
Hiu Chee Keong
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Some of my trading
Following Message

Next thursady, 23 June, Brexit is coming, now a lot of shares has moving toward the 1 year lowest price, even maybank has fallen to 8.00. Anyone dares to gamble at this crucial times ? Are you bet on brexit success or fail ? Or you wait and see first on 23, after that then only take action ? And 1mdb is coming to haunt malaysai again being sued in oversea.

for me, i am in now, since i can hold for 3-5 years, and i am bumping in more money, but not going to all in, just gradually in with dollar avaraging.

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Discussions
Be the first to like this. Showing 7 of 7 comments

Ckk2266

Yes...same strategy as u

2016-06-15 07:51

cytew

why not buy after coming bear ? this bear should be a "crash" and not a normal correction...one in every 9 years cycle

2016-06-15 08:03

Hiu Chee Keong

Cytew, that's why i call it 'gamble', taking a big risk. But if brexit fail this 23, then market will bounce up strongly, at least short term. Anyway, i still keep at least 60% of my fund for after brexit 23.

2016-06-15 08:06

Jonathan Keung

British will stay on with EU . Government will ask for concession from EU

2016-06-15 09:32

Apollo Ang

maybank should be 6.00 only.economy so bad at the moment.only govt support.

2016-06-15 20:08

batman11

Brexit would give them better capacity to decide independently to whom they should conduct business with. It is actually a plus point for investors. Even if Brexit would happen, there would be no abrupt business changes from the current state, until a deal mutually agreeable by both sides is established.

2016-06-17 07:19

kilrathi

Brexit will means alot of paper works need to be done all over again. New agreements, new rules, new conditions, etc have to be studied, discussed, and agreed upon before endorsement. This will take quite some time before finalising.. so for the time of that, its not going to be good journey for Britain ..

2016-06-17 07:34

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