DOW down 600+ points and I was guessing 700 points. Not so far off, anyway. The selling today will be intensed as selling pressure is great. Staying sideline will still be the best policy at the moment.
Friday selldown. Monday selldown ... today is meltdown.
I will be too busy today but will look into Maxis, GenM or BJToto. Yup, time to be more conservative and going for good stocks?
9.20 am :
KLCI down 60+ points. What will be doing well in such a market? PUT-warrants!!
GenM : I have a queue at 3.35 to 3.25. Will it be done?
BJtoto : Can I get her at 3.98?
I do not take pleasure from others pain, ok? Sorry, I am not controlling the markets, in case you are blaming me for flaming the fire or waking up the bear. I am sorry for your losses and I am also in paper-loss. We always have each other to console, ok?
WCT : Dropping below 2.55 ... have to clear off WCT-wb later for a loss. See? Low could go lower ...
Low RSI : IOICorp, Coastal and Gamuda.
9.55 am :HSI down 1500 points at the moment.
YTLPower : Accumulating below 1.80.
11.20 am : Unfortunately, today I m too busy. Only able to grab YTLpower at 1.77-1.79. Should have went for mommy YTL but simply too busy.
Muhibah : Check her out ... cool 10% rebound.
UEMLand : Well, from 2.00 to 2.16 now. Cool ...
MRCB : Check it out, man. Went below RM2, shooting to 2.15 now ... local funds supporting these counters?
I missed ALL the three above that I was watching yesterday!! I could not trade as I was having classes!! Should I be full-time trader? Nope ... think of the high risk, high commitments and such, one should not be full-time trader if you are a novice ... and raw like me?!
GOLD at 1760 now. Check it out!! Silver is lagging, that explain why I punted into Silver.
1.05 pm : I have an hour(now) for my lunch to look into my queues. KLCI recovered from the PANIC selling this morning which pushed KLCI down by 60+ points. KLCI closed for lunch at 1461.
YTLPower : Sold some at 1.83 done so far.
3.15 pm : Arrrghhh ... Tuesday is my very busy day wtih 8 hours of teaching!! My queues to sell most of it DONE as market rebounds!! Buying in the morning was good but I WAS BUSY. Argghh ...
YTLPower : Cleared at 1.86 done.
MahSing-cb : Grabbed in the morning, cleared too at 0.225 moments ago.
UEMLand-ce : Grabbed this morning, waiting to clear at 0.085. Once done, I hv good trade today BUT .,... arrrghh ... I wish I have the time to watch!! What a show!!
BJToto : Queued at 3.98 not done!! Arrgh .. it is at 4.14 now.
Muhibah : I was watching last night ,... arrghh .... flew off. Arghh ...
Gamuda : What else can I say ... I m frustrated as I missed the boat.
WCT-wb : Still holding to her at 0.47 which I bought yesterday. HOLD, ya.
many more ... got so much of bullets to shoot?
Told you that I like KLCI down more than 60 points!! I missed the show. What is the pain now? Pain of seeing many flew off from my grip in which profits could be huge. With that PANIC selling, it was good time to go shopping!!
Never mind tho I wont be able to see KLCI down 60+ points in an hour of trading. Yeah ... may be I should have take a leave today from work to trade as I know it will dive!! Hmm ... will DOW down another 400 points tonight ...please?
3.50 pm : KLCI at 1483, recovering well. As I have to go for classes again ...
UEMLand : Nice ... see if the rebound is real?
UEMLand-ce : Grabbed more at 0.075, averaging up.
6.55 pm : I have 8 hours of classes since morning. Now, I still have a class at 8pm. How is that for a Tuesday? Next week is exams ... so, many students doing last minute revisions.
Happy Anniversary to "My Trading Blog"It is 3-years old now. I celebrated yesterday as I have managed to maintain this blog for 3-years, in daily basis!! Incredible. And ... after 3 years, I am much more wiser and more experienced in my trades. Tho I am still in my learning process, I have started to 'share' with NOVICES and NEWBIES how I traded the markets ... thru this blog.
As I have made some changes to the out-look, I am still very busy and too many to of unwanted links to eliminate, some blogs which no longer relevent to my learning and also input-ing new links which I am currently using. I have not even updated the books I have bought for past one-two years!!
So, my next motivation should be dooing some cleaning up for this blog. It is 3 years old now, it need a bigger space and different toys to play with. My girl is 3 years old too.
08.08.2008 was the day this blog is born. It meant a lot for me now. It was also the Olympic opening ceremony in China.
Thanks to those 'old-timers' who have been there, reading my blog since 2008-2009 and checking on my developments!! Phew ... I still survive!! haha.
I am an appreciative person in nature. I appreciate those people who have helped me ... from a total novice to the not-so-novice level I am in. As I am still learning and will continue to do so ... I will meet many more in future which might giving me a different path ... in my trading adventure. There is no destination to this adventure but ... it is the adventure or the process of learning(tho it costs me a lot of money, time and effort) that I treasured. I have it recorded here.
From my first few trades where I lost more than 60% in 2008, to those trades in HKSE and Nasdaq. From stocks to derivatives to ... anything I could experiment with.
From my first turtle, Dr Julian Lim(JL) ...to my 7 colleagues as my new turtles last year and to the current 9 of them(my readers) who came to me for some knowledge-sharing ... the journey is still very long.
From learning technical charts using yahoo-chart to trade-signium and currently using chart-nexus charts ... I have upgraded myself well. From one or two indicators, I hv learnt many and at the moment plotting my own trading strategies using different indicators for different stocks!! It still a journey ... as I am still experimenting with many hypotheses.
From learning some basic economic terms, financial terms ... learning some basic fundamental analysis to currently tracking about 80 good stocks. I have advanced much in these area ... as I started with ground ZERO. I dont even know or heard of the term PE or NTA in my life prior to that. Haha.
From a total blank novice to an advance novice, I will continue to search and learn. There is this STRONG thirst of learning in me, which I think majority of Malaysians do not have.
Market is always there. Learn first ...
Welcome to my trading adventure ... my blog.
TEH