Sunday morning ... I am getting busier as KLCI is moving down. When there are sales everwhere, we should do some homework before we decide where to shop and what what bargain prices. We do buy when there are sales, yes? no?
KLCI index-linked counters.1. CIMB
2. PChem
3. MayBank
4. YTLPower
5. YTL
6. IOICorp
7. Tenaga
8. GenM
9. MMCCorp
10. MHB
The 10 above selected due to its downtrending chart sited in first glance. One may use MA20-day to see the downtrend. Some is obvious and some in the making. It is arranged in the order of volumes(priority given). Then, I will check their RSI level for each and everyone of them. The lower, the better before I start to pick(short listing) the so-called 'nice waterfalls'. There are many more minor things I do before go shopping. Sometime, when I get lazier, that is the time I get myself punished for being too complacent.
The use to TECHNICAL analysis is meant to minimise our emotions involve in trading. It is TECHNICAL, nothing to do if you 'love' the stock due to your emotional attachment(for example, your ex-bf or ex-gf working there before!! haha).
Yeah ... easier said than done and it is lots of practice, lots of patience to LEARN. With still many out there wonder what to buy next WITHOUT much knowledge ... and refuses to learn, they will somehow know that it takes more than just "LUCK' in trading markets. Dont believe me, please. Find it out yourself ... many are still losing(or lost) in markets and WONT share with you their so-called painful experiences.
Trading ClassI have this so-called noble deeds ... to guide any novice/newbies some simple trading 'tips' and techniques for charity!! You dont pay me ... if you gain, you pay to a charity organisation some 'tokens'. But ... I m too busy and in needs of money myself at the moment. So, I will keep my plans for future when I m much more experienced and shown performances to many. I love teaching ... I like to share knowledge, I do like to help many NOT TO lose money in markets and I do wish to give more to charity. That is how this idea stuck in my head.
Those novices and newbies who wish to be my 'pioneer' few persons to learn from me, please e-mail me(at
cpteh@yahoo.com ) but I will charge a 'minimal' amount. Currently, I am getting about RM80-120 per hour teaching Maths. So, I m thinking of RM150 per hour for a class, for a start.
Fees : Let say, I have 3 persons interested ... so for a 3 hour session, it will be RM150 each. But, I could have 4 persons to share the RM450, it will come to be about RM110 each person for the 3-hour session? I do not wish to go beyond 5 persons per session.
Day and time : I m only free on Friday or Saturday night - suggesting 8pm to 10 pm.(due to puasa month)
Place : My place ... at Subang Jaya.
Topic : How to trade good stocks using simple technical indicators
Level : Novices or Newbies(elementary)
Language used : English or Manglish
Objectives : To make sure learners understand the topic being taught and doing some practical exercises.
Charts will be sent in weekly basis to personal e-mail for discussion and learning purposes.
Once I have 3 persons interested to start, I will start, ok? I do have only a few interested so far but some could not make it next weekend. I will still open it for next Friday and next Saturday session. Otherwise, I will postponed it to next next Fri/Sat or indefinitely till I could get 3 interested persons to start!! hehe
Someone from JB and KK interested to learn but the travelling will not be possible. So, I am thinking of e-learning concepts. Unless I have many willing to learn(those staying out of Klang Valley), it will not be feasible for me to do much preparations on it. But, I m keeping in view.
Background : You can read my profile, my disclaimers, my postings for the past 3 years(that might take you days of reading my rubbish. LOL). Or you may ask me, I m not here to con anyone. Haha.
Well, I shall wait for replies.
11.10 pm : Normally on Sat/Sun, it is quiet. No one read market news or blog much. So, I only have a reader(dont worry boss, Malaysians are welcomed - I am not racist, of coz) wrote to me to show interest. Good. Will wait till Wed for replies.
Call-warrants to punt?MahSing - Buying coming in. Good signs. Considering MahSing-cb again.
MSM : Another to watch and looking at MSM-ca. Premium less than 10% with almost a year to expire!! Nice.
Armada : Either cb or cc but I think I shall go for its cb.
MRCB-ce : Nice breakout and premium at zero level. 80 days to expiry date. Nice.
Recently I do have many good trades as 'luck' was on my side. I was checking on my trades and noticed that many really shot up. It began with Equine and Jaks. Then, the popular waterfalls rebound, CyPark and SPSetia-wb. Before these two, actually I profitted more in MahSing-cb as I was 'lucky' to be there to watch it surging higher from 0.175 to grab her at 0.200. It was sold the next day as it shot up at 0.260. Luckily, as I was free and prepared for MahSing's waterfalling. Of coz my recent Kulim-wc and MBSB-wa were nice too. The failures to shoot higher are Alam and HuaYang which I cleared for small losses(ahead of Friday due to the risk of US debts debate). Keeping cash in hand is handy as we could continue to search for opportunities. Waterfalls like CIMB, YTLPower, Tenaga and MHB worth watching at the moment.
WCT-wb : I grabbed WCT-wb on Friday at 0.665, 0.655 and 0.645. Will see if it could jump again? Hmm ...
TEH