My Trading Adventure

My Trading Adventure

CP TEH
Publish date: Mon, 15 Aug 2011, 08:56 AM
CP TEH
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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.
Monday morning ... busy. Green opening for KLSE. Will check later.

10 am : KLCI up 4.5 points as MahSing continues to move up. The news of Pekeliling is out, so time to buy? Checking on SPSetia which moved up last week Thu and Fri(but SP-wb lagging) due to the Ulu Langat news?

SPSetia-wb : At 0.805, touched 0.83 this morning ..hmm ... time to buy?

Ok, I have written about 6 posts on Sat/Sun as I was 'free' on Sat. This week and next are exams week. I will want to write in my personal blog more this week.

11.20 am : HSI up 360 points, testing 20k level. Many stocks oversold and some at very low(lower than 2008 crash). So, I am eyeing on these new low stocks ... but more homework to be done. I will want to grab some of these but want to focus in only ONE. Which one then?

AirAsia : Up 3% today ... PT, my old turtle just came to tell me he bought AirAsia last Friday. Yes, Tony's factor ... and buy when it dived concept. Do u think AirAsia is a good buy at 3.50 level now? It went all the way to RM4+ recently ... until the parasite-MAS jumped on board.

KimLun : Checking on her as my novice new-turtle grabbed her on Friday. I will check to see if it could be a good trade. Low volumes not suitable for short-term trade.

12.10 pm : HSI up 400 points, I was monitoring HKSE rather than KLSE as I have bought what I need in KLSE, waiting to clear them this week to see if any of them could bring me some profits. HKSE is much more oversold than KLSE, and also the valuations are much better than KLSE. But the trading fees are much higher, so we need to gain 20% or above to see some decent profits.

HapSeng-wa : Welcoming her to my warrant list as I still like her mommy. With the new WCT-wc, QL-wa, Coastal-wa, MBSB-wa, Malton-wb and such coming up ... the list becoming longer.

Will update my warrant list this coming Sat rather than B-S (or telling grandmother's stories) here. Someone get very agitated at the moment as I am B-S-ing in my own blog. Wonder why he is still around?

2.30 pm : KLCI up above 10 points now. Buying will be seen more after those burnt last week coming in. That will be the time we move out ...

IOICorp and PChem are pulling KLCI up ... well, they were oversold. Check out my waterfall-list. IOICorp's RSI was below 10 last week. Ridiculous!! But no good call-warrants or warrants attached to her. Take a look at Tenaga moving back to RM6 level. You dont lose money buying into these counters during market crashes. Whether the rebound is just a temporary technical rebound, heck ... time to take profits if u r so fearful. Wait till more greedy people come in, then sell la ... they need to re-gain back their confidence after selling for losses last week during panic-selling, ok?

AirAsia : I have 3 turtles who bought AirAsia last week(Those told me la). NOPE ... I did not ask them to buy her when she dropped. I have only taught them that we buy good stocks during sales. It is THEIR own decisions to buy whatever stocks(up or down). I do not track at what level they bought her, neither do I know at what level they are going to sell? I only show them support-resistance, showing them how market actually works ... and share with them my experiences of trading. Yes, I never recommend any stocks to them. AirAsia at 3.60 now ... I will not contact them to ask them to average up(down) or to sell.

All I did was to share it with them last week(many of my turtles) to start buying as RSI of KLCI at 20 level. Technical rebound is expected. What they bought and at what level, I do not track. I have 16 turtles at the moment. Do u think it is possible to reply e-mail to 16 of them? Even thru sms, I m too busy to reply that!!

MahSing : No ... I do not know it will move higher to 2.50 level soon as I queued to clear at 2.40 last week as I am eyeing something else(it is HKSE's babe, ok?). I did write here I bought her during the dive a 2.20 and told my chatter-friends that I grabbed her at 2.20. Mind you, they grabbed MS-cb ... some at 0.180 and some at 0.20 which gaining them much. Am I selfish to share with them? C'mon ... am I bragging again here? So what if I am just B-S-ing? It is my blog la.

3.50 pm : SPSetia-wb at 0.805 now but WCT-wb doing better. I have traded these two good warrants numerous of time.

WCT : I do think it will recover back to RM3 level ... so the sell-down last week to 2.50 level was PUSHED down by a pressing hand, making many cut-off their positiions in her. Today, at 2.88 ... buying should be at 2.60 level? Yes? No?

WCT-wb : Grabbed more at 0.490 done.

4.35 pm : KLCI up 14 points. Bullish.

AirAsia : At 3.70 now, technical indicators are lagging. So, those bought when it went down a lot last week could see profits in her. Well, Tony said he might want to increase his stake as she is so cheap?!


How not to lose money : This is what I am trying to teach my 'turtles'. To me, if one does not lose money, you are top-20% in KLSE. Imagine that ... u take a good comfort that u do not lose money. IF they could gain from market, then they could be the 10%. Yes, it is that difficult NOT to lose in market. TIME FRAME has been mentioned many of times as we reduce our risks by looking into a longer time-frame. Gosh ... as if we could know what will move up/down the next moment or even next week? Not to lose money, one needs to know what they are doing ... and also need to have a plan. Yes, plan of exiting once a trade is done. Exit with a profit, breakeven or cut-loss ... exit, anyway.

e-book : After teaching my cohort-1 and cohort-2 the elementary of trading, I will start to work on my e-book which I will 'sell' it to those NOVICES and NEWBIES who are interested to know about what is being taught in my elementary level. These are for those staying out-of klang valley and have requested if I could teach them thru e-learning.

I will make it cheap(how much ar?), I will make it open to discussion for follow-ups and my turtles will learn further from there. Then only I will think about my intermediate level which some enquired too.

Market Crash II

1987 CRASH ... good to listen



TEH : Gold was at 400+, shot up due to the crash.

LehMan Bros collapsed : Market crash






How do I make 'enemies'?

1. As I ignored many e-mail asking what I think about their stocks or what is my opinions regarding certain counters.

TEH : As I said many of times, I do have many e-mail(mostly junk) to check each day and have to 'ignore' such e-mail. Besides, PLEASE ask those you could trust and know-how. There is no way a person could advise you about your particular stocks. If u r totally new to markets, when market dived last week, of coz u r expected to lose money(paper loss). Sorry again if one might get angry/displease as I have not reply to their e-mail. Not possible to answer.

2. As I do ignore many comments too or did not post those comments which are not constructive for learning purposes.

TEH : You see, majority of my readers are 'silent' readers. Some have been around since 2008 (I do have average 30-40 readers in 2008, FYI). I was totally novice too ... of coz I lose a lot of money too. NOVICE = LOSE money. Get it? So, the comments section are meant to LEAAN and SHARE with those willing to help me in my learning. Remnant888 is one of those kind person, checking if I am doing ok since 2008. Yes, 30-50 readers. I was still very 'green' but dared to test out many hypotheses - derivatives and such. U dont get experiences from READING, you get it from DOING, ok? So, please understand that I do not reply some comments as it is meant to share, nothing more.

3. Aunties/uncles that I mentioned in my blog ...

TEH : ... some could not take it as once in the while I will mention about some goreng stocks which those aunties/uncles might punt into. Look ... it is just a term. I am not looking down on ANY aunties or uncles. I am just one of them too. Novices/newbies tend to follow the herd, crowd and such. So, I do not mean to offend any one IF they feel that I am talking about them, as if I could read their minds?

p/s : I have an aunty(a nice person, indeed) who is my turtle now. She admitted she was just one of those aunties buying thru rumours etc etc.
4. Those who read my blog and bought into some counters written here and LOSE money.

TEH : Eventho they knew very well that I am just a novice, WITHOUT financial background(if u r new, then u are strongly ADVISED to read my 1670 posts written for past 3 years ... get the picture?), they keep coming in to buy into those stocks written here. Hey, no matter what I said, there will be someone STILL buy into what written in ANY blog, ok? It is just pure ignorant. Then, when profit ... they keep quiet(happily). But when lose money, I am their enemy ... that is not fair and un-invited.

5. Someone who dislike the way I write(brag) or beh-tahan my 'arrogant' characters.

TEH : Look again, u must be a NEW reader here to jump into YOUR OWN conclusion and started to JUDGE me. That is YOUR problem as u still do not understand what a blog is. Until you know me in person, u will not say I am arrogant? OR am I? Let me know if I am as I will change that arrogance in me. Once a person is arrogant, it is difficult to learn ... and going downhill from here. If I brag, this is my blog. I may want to use all 'bad' words, this is MY BLOG. One may move away when u r reading something not to your taste. Be smart to filter.

6. Tell me more, please.

TEH : Yes, I want to know IF I have offended anyone in any way. I am really sorry as I have no intention to hurt anyone's feeling. Certainly I hope NO ONE will buy anything written here(but some quietly do).

MAS-AirAsia share-swap in politics



Happy trading.

TEH
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