Dear all,

qqq3 ask, “What is FA? I got new theory for stock market.....stock market is all about attitude.............”

So please allow me to answer qqq3.

Fundamental analysis (FA)

Fundamental analysts study anything that can affect the stock's value, including macroeconomic factors (e.g. economy and industry conditions) and microeconomic factors (e.g. financial conditions and company management). The end goal of fundamental analysis is to produce a quantitative value (Intrinsic Value) that an investor can compare with a stock's current market price, thus indicating whether the stock is undervalued or overvalued. Fundamental analysis is a method of evaluating a stock in an attempt to assess its intrinsic value.

In summary Fundamental Analysis cover:

QUANTITATIVE

Financial data/ratio contain in current and past financial report.

QUALITIVE

Economy condition (Current and future)

Industry condition (Current and future)

Company management (Current and future)

Profit growth prospect (Current and future)

In short what many people term as Business Sense (BS) is actually the qualitative part of Fundamental Analysis. BS is subset of FA.

Technical Analysis (TA)

Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activities, such as price movement trade volume and focus on patterns of price movements, trading signals and various other analytical charting tools to evaluate a security's strength or weakness. Thus TA pattern is influence by Greed & Fear (Behavior pattern) and will be most effective if use together with FA Qualitative study of Economic condition and Industry condition that create greed and fear where people will panic buy or panic sell as no one will look at FA quantitative financial data

What is attitude?

A predisposition or a tendency to respond positively or negatively towards a certain idea, object, person, or situation. Attitude influences an individual's choice of action, and responses to challenges, incentives, and rewards (together called stimuli).

Dictionary: noun: attitude; plural noun: attitudes

A settled way of thinking or feeling about someone or something, typically one that is reflected in a person's behavior. "She took a tough attitude toward other people's indulgences"

Informal• North American

Truculent or uncooperative behavior; a resentful or antagonistic manner.

"I asked the waiter for a clean fork, and all I got was attitude"

So did qqq3 attitude toward stocks investment and others make him a multi-millionaire or left him with 200K to invest and earned people respect or contempt? This one he has to take responsibility and find the answer for himself.

The million dollar question now, can understanding of FA and TA make you a millionaire?

OTB wrote:

Below are my past performance
Assume I started with RM 100,000.00 in 2013.
2013 - 104% ROI - My total value is now RM 204,000.00.
2014 - 61% ROI - My total value is now RM 328,440.00.
2015 - 129% ROI - My total value is now RM 752,128.00.
2016 - 22% ROI - My total value is now RM 917,596.00.
2017 - 87% ROI - My total value is now 1,715,904.50
2018 - (42%) ROI - My total value is now 995,224.60
2019 - 175% ROI - My total value is now 2,736,071
2020 - New capital = 2,736,071
My investment gained 27 times over 7 years or 2,700% ROI.

Philip wrote:

I3lurker uses computers to think for him. That is why his results are always subpar. If I have listen to Monte Carlo simulation, I would not have held QL from 2009 until today 2020 and still going up from 6.7 to 8.6.  In essence, Monte Carlo simulation only works if you assume efficient markets. Which I believe do not exist.

qqq3 wrote:

for genuine investors, 12 months money....there were at least a few dozen shares that gave 100% returns or more in last 12 months................ I am Kpower and scib kind of guy...............life is exciting and fast............

Icon8888 wrote at ABMB forum:

most people turn negative when price drops and positive when price up
at low and safe level of 2.40, they will say end of world coming and want to jump down from KLCC
when one day goes up to 4.20, they will come out and say it has very bright prospects and it is time to sailing. I have seen it happens so many times.

Calvintaneng wrote:

So stupid
Are you member of Calvin's whataspp group who received 1st buy call on scomies at only 7.5 sen and not later at 12 sen
Also Netx at 1 sen, naim at 52 sen and binacom at 31 sen
Remember
Membership has its privileges
And that is even free of charge

Calvin posted buy naim at 52 sen when Dayang was 68 sen
Only sorchai sold naim at 52 sen and greater sorchai sold dayang at 68 sen

Stockraider wrote:

U NEED TO UNDERSTAND LOH...!!
WHEN RAIDER SAYS INSAS IS WORTH AT LEAST RM 3.50, IT IS A FACT LOH, ITS NTA PLUS INARI EXCESS MARK TO MKT PREMIUM EASILY EXCEED RM 3.50 LOH, THIS IS THE TRUTH NOTHING BUT THE TRUTH LOH...!!
 

HAVING SEEN THIS SITUATION, HOW CAN U PARTICIPATE IN THIS OPPORTUNITY LEH ??
1. U CAN INVEST INSAS AT RM 0.83 & HOLD LONG TERM.
2. U CAN PUNT INSAS-W AT RM 0.005 FOR A 2 MONTHS WINDOW MAH..!!

IF U CHOSE TO SPECULATE & LOSE MONIES LIKE MIKE BELOW NOW CRY BABY, BUYING INSAS-W 0.5 SEN, RAIDER PITY HIM, BCOS THE SPECULATION HAS FAILED EVEN WITH BEST EFFORT, IT IS A CALCULATED RISK WITH HUGE PAYOUT, IF SUCCESSFUL LOH...!! BUT DO NOT CRY BABY LIKE MIKE IF U FAILED LOH, BCOS U R SPECULATING WITH HUGE REWARD VALUE RATIO MAH...!!

Koon posted:

My fastest speed record of making money: DAYANG had made me richer by RM 58 million within 9 months

Choivo Capital posted:

Petron Malaysia Refining & Marketing Berhad (PETRONM: 3042): A (Very long) Love Letter to Ramon Ang. But with a disclaimer: Just so it is clear here, in case they are some who bought off my research. I am actually expecting a small loss for Q4, from inventories being revalued at NRV. Would be happy to be proven wrong though

The Black Swan Hidden in RCE CAPITAL (RCECap closing at 21th Feb 2020 RM 1.77)

His stock picked 2019 final result at 49 with 12.63% ROI

https://klse.i3investor.com/blogs/stock_pick_2019/2019-12-31-story-h1481978148-Stock_Pick_Year_2019_31_DEC_2019_FINAL_Result.jsp

His attitude: Very happy to be proven Wrong though

Conclusion: The answer to the million dollar question, can understanding of FA and TA make you a millionaire?

Nothing! There is no secret ingredient. Po: It’s just plain ol’ noodle soup?

Your mind is like the water, my friend. When it is agitated, it becomes difficult to see. But if you allow it to settle, the answer becomes clear.

My attitude:

Be ethical, be brave, be fair, be courteous, be considerate, be kind, be righteous, be happy, love what your heart see and be what you ought to be.

Thank you

P/S:

My Life philosophy: Work hard and do not stay still in your circle of competent/comfort zone. Constantly challenge your limit. Past failures do not mean future failure as long as you are prepared to learn from all and re-examine your mistakes/methods.

My Investment philosophy: Looking for stocks that give reasonable dividend yield and capital appreciation. Understand that in order to bag a 10 bagger, need patience to wait for next market crash. If it occurs I am prepare, if it doesn’t happen I am fine with my current investments