My Trading Adventure

My Trading Adventure

CP TEH
Publish date: Wed, 10 Aug 2011, 06:08 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Waking up to a nice morning ... as DOW up 430 points!! Yeah ... many will be rushing back in to buy!! Well, dont worry ... many just sold their holdings and will be too fearful to move in yet. So, it will take a few days before they see technical-rebound and to convince themselves to buy?

We are always 'late' to act, whether selling or buying. Ever wonder why?

Normally, we see our stocks tank for about 3 days and down by 10%-30%(those buying speculative goreng stocks could have lost more!!) ... then, the PAIN is too much to bear or we are 'forced' to sell, we decided to cut it off. Selling last Friday when it dives could  have 'saved' us from big-huge losses as we could buy more yesterday!! No?

As yesterday, things go hay-wire ... SELL at any price and panic selling seen as many FINALLY releasing their positions after 3 days of painful dive. Well, of coz ... many staying sideline and these experienced investors came in to buy into markets after the three MEGA sales day!! We do our buying spree during these MEGA Raya and Merdeka sales, ok?

Not only these aunties-uncles, novices-newbies will not be buying(selling instead), they will only come in AFTER the rebound confirmed ... after 5 days of long white candle sticks seen, after KLCI rebounded say 50points. By then, it is time to sell our positions. They are always 'late' and will start to wonder if the market is always against them?

EASIER SAID THAN DONE.

I alerted 3 of my turtles that it is time to BUY. Do you think it is advisible to ask anyone to catch a knife? The waterfalls could easily drown us!!

I was collecting UEM-ce and WCT-wb. Yes, I will be happy to grab anything in my list as it is a MEGA sales afterall. Last month, if you tell anyone(novices) to be patient ... wait for mega-sales to buy, they will wonder why you are so selfish!! They will questiton and ask WHEN the mega-sales will be, as if someone know exactly when. At the moment, it is in everyone's mind if the market will rebound, say above 1500 level again. Hmm ... what do u think?

What do we buy if we are going to buy later? As you could see, I was VERY hardworking these days ... I have even shared with all those waterfall stocks that I liked with given RSI. Yes, I like those good oversold stocks as their rebounds is very likely.

TEH : Ever notice why I am extremely busy when market tanking? I have learnt these lessons and it will do me well in future, when I retired and no longer trading(I prefer to teach/coach anyone about trading then). I will only move in hugely when I smell opportunities.

Am I pointing to a buy today? Well, I bought these high risk UEM-ce and WCT-wb. Am I asking u to punt into what I am punting? You will profit from all the works I have done here, by simply reading these few lines(here and there), but do u appreciate many of us bloggers giving free information, free guidance and free learning space? Do you think you want to learn in the first place?

TEH : I checked that my readership have increased substancially BUT my ads earning dropping compared to last month. Know what I mean? Hehe

Look into your greedy heart, look into your self-centered personalities ... then perhaps, you could understand why you are being ignorant and still losing money. All you want to know is ... THIS ONE CAN BUY AR? or THAT ONE CAN SELL AR?. Pause for a while ... do you really think anyone could advise you on that? When will you ever learn? Do you bother to learn? Hmm ...

To learn, one needs to be HUMBLE. We need to be open minded. To progress, we need support from others as who are we without them?

Without these support, I dont know if my blog could last another year? Haha ... well, I will still write even if I dont have readers. Do you believe how stupid I am? This blog is my space to 'voice out' my opinions, views and experiences. It never meant to attract larger readership base, anyway.I seldom promote my blog simply because this is NOT a stock-picking blog blah blah ... do you want me to re-wind? Haha.

Yes, this blog is 3-years old ... this is my personal platform. Do you think many bother much? As I said, while I have few good-loyal and appreciative readers, I do have many more(majority) who will jump in-out-in-out simply to check if I punted into anything interesting for THIER quick profits(if they know-how). I have tonnes of KLSE-punters hanging around to see what call-warrants to gamble-on. It is purely gambling mentality and NEVER occur to them why they are STILL losing money? When they lose money buying into those written here, they will start to 'curse' me(even silently cursing me ... haha) but if they have profitted ... do you think I benefit anything from their profits? Hmm ... how about you promise to 'donate' some small amount to charity if I do some analysing for you or learning from here?

TEH : To my 9 new turtles who might be reading these lines ... I hope to guide well. But, learning takes TIME, efforts and humble open-mind. If 'ego' in us, we could not progress well. Do the homework given as ... yes, it is tedious. Even after doing so much of work, we still might 'lose' in our trades. Ever wonder how the other egoistic-ignorants, 80-90% of them in markets losing money?

Bobby Brown - Every Little Step



Note : Listening to Bobby Brown's song doesnt show that I am old as I like the 80s or listening to Eminem's songs doesnt make me sound young!! It is these kinda of stereotyping mental-block in most of us that deter us from doing what we want to do. Do u want me to share with you the "Monkey sees, monkeys do" experiment again? hehe

Ok ... it is almost 7am. While many still sleeping or preparing to go to work, I m writing a post here to share ... before another crazy busy day till night.

Yes, these few days I will have night classes! Hehe.

If one wish to 'book' me to teach him/her personally about trading/investing or stock-market talk, please contact me and let me know. Yes, I do 'personal tuition' at nights!

With that, happy buying ... as I am going to sell soon once those aunties-uncles start swarming in. BUY BUY BUY ...

8.50 am : Dont know if my queue for UEMLand-ce to buy at 0.08 will be done tho I am one of the first to queue there. Hmm ... buying is huge coming in, so I m queueing to sell half of my holdings at 0.095(buy at 0.065).

9.15 am : The whole platform OUT OF SERVICE. Haha ... too many buyers coming in!!

11.15 am : KLCI up 15 points.

UEM-ce : Oh boy, I failed to clear at 0.095 and dived back to 0.075(done more). So, I need to take some profits?

MAS : Up up flying again ... in the expense of AirAsia.

4.20 pm : KLCI rebounds is in jitter. It is moving down but still staying in green. The morning surge was temporary.

Gamuda : Touched 3.46 in intra-day high but in red now at 3.23.

UemLand : Ouch ... back to 2.20 after surged to 2.36 in the opening and I failed to take profits!! ouch.

MHB and PChem : They are down and dragging KLCI down too ...

5.05 pm : TopGlove closed at 5.88. Who bought 88,100 units at 5.88 arr? Can manipulate like that?


TEH

p/s : I might as well write a book and earn some passive income. Haha
More articles on My Trading Adventure
Updates on ABMB and AirAsia

Created by CP TEH | Oct 15, 2019

Waterfall : LKL

Created by CP TEH | Oct 06, 2019

Oct 2nd : DOW minus 343

Created by CP TEH | Oct 02, 2019

23rd Sept : One week to go

Created by CP TEH | Sep 23, 2019

Formula for success

Created by CP TEH | Sep 18, 2019

Steps to be 'successful'

Created by CP TEH | Sep 17, 2019

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment