I met with minor motor accident just half an hour ago --- I am physically OK but my bike has some wounds. It was very fast ... another bike came our from no where, I braked and knocked into him ... it was packed jam and on the left side, a huge lorry there. I knocked my head to the body of the lorry(luckily for the helmet. I just feel some pening). He sped off instead of helping me to get up my feet. Another biker helped me ... and was scolding him. Haha ... I was like ... am I ok? Just minor injury on my left-leg .. but I could still walk, joke around. So, I am OK ... haha.

Now, after the incident, I was riding with more caution on the way to office ... and thinking of trading!! You see, motorbike is seen as a VERY risky vehicle as we are 'exposed'. I have been warned since the first time I tried my first bike 20 years ago!! It is not a choice in KL ... I need to travel here and there to giving tuition back then. I travelled from Kepong to Cheras Mall just for bowling!! So, I was averaging 70km per day back then!!So the risk is VERY high. Accidents bound to happen ... and it did happened 3 times in KL, 3 times back in KK. Today's is considered too minor(cut-loss short).

Now, realising that markets is risky, what should we do? Recognising that driving is dangerous, what should you do? We get licenses for driving, why are we not getting licenses to TRADE or INVEST? Funny world ... oh, driving involve your life and others!! Ok ... financial losses could be recovered unless the person lost so much, went into depression and suicidal mode. Fine.

So, if you do not have experience AT ALL in driving, you will choose to drive a car, a simple car to operate and only driving in SLOW pace(longer time frame) around the small area you are familiar with, right?

Same here ... isn't it logical you go for big-blue chips if you are NOVICES, new to markets? And you drive it slow ... with longer time frame? LOGICAL to you?

After a few times of accidents, with one serious one ... I have learnt to be very careful and I even know how to fall so that my injuries are minimal!! Serious. Riding a bike is dangerous to many but as I have been riding for 20+ years, I do feel OK to ride. Due to AGE, I will only ride bike to office when it is necessary(to avoid the jam ... saving my time and petrol).

Think about it ... driving vs trading. It is SO interesting!! Next time you want to take too high of risk in trading, THINK of driving. Do you know what you are doing driving a Posche at 140km/hr during rainy days?

Note : Rainy days = BEAR market and 140km/hr = fast-trades.

Market-chat : The technical-rebound play talk will NOT be on this Sat. So far only 4 enquiries and I will postpone it to next SAT night if I have more than 5. Those still interested, please e-mail me for further details. Thanks.

My trading classes : Updates

Cohort-1 : Done with them all the basic 5 modules. For LK and PT who missed, do join next Friday. No tratle's meeting for cohort-1 just yet till cohort-2 and these two young tratles done too.

Cohort-2 : Module 4 today. Will do module 5 next Friday(28th Oct) instead of next-next-Friday. Hope to get it done by then.

Tratles meeting : Our first meeting will be next-next Friday(4th Nov) combining cohort-1 and cohort-2. I might get a new place by then to cater for all(some might drop-out or graduated). Cohort-1 and cohort-2 are for my Friday nights slot. Once they are combined, I could start to think of my cohort-4.

Cohort 3 : Doing their module 3 this coming Saturday. Hence, on 5th Nov, they will be finishing their module 5.

What is next?

Cohort-4 : There are about 6 enquiries or so. I am too busy to reply and keep track. I will only think of it MIDDLE of next month when I have done all my shiftings and also done with my three cohorts. So, everything in KIV.



Lyric from : Not Afraid by Eminem

Yeah, it's been a ride
I guess I had to, go to that place, to get to this one
Now some of you, might still be in that place
If you're trying to get out, just follow me
I'll get you there

I'm not afraid (I'm not afraid)
To take a stand (to take a stand)
Everybody (everybody)
Come take my hand (come take my hand)
We'll walk this road together, through the storm
Whatever weather, cold or warm
Just lettin you know that, you're not alone
Holla if you feel like you've been down the same road (same road)

...

And I just can't keep living this way
So starting today, I'm breaking out of this cage
I'm standing up, I'ma face my demons
I'm manning up, I'ma hold my ground
I've had enough, now I'm so fed up
Time to put my life back together right now! (now)

It was my decision to get clean, I did it for me
...

Comment 1 : correct me if i am wrong to say "in stock marke,follow the crowd is always correct if you follow them infront but not behind"

TEH : Yup, be the leader, use leading indicators ... take risk(with knowledge + experience to reduce your risk). Majority of us are followers. Ask a class of 30 ... anyone volunteer to come out to produce your work to the class? We might have only one(if lucky). Others will be questioning WHY ME? Never we ask .. WHY NOT ME?

Comment 2 : Do you agree with this statistic?

Out of all the trader / investor, ~10% are full timers and ~90% are part timers.1% of 10% are loser and 1% of 90% are winner. Therefore is correct to say ~90% of people that trade / invest loss money and ~10% make profit. Conclusion the full timers always have the advantages. Really like to hear your opinion on this comment. Thanks

TEH : Majority of us are NOT full-time traders. We are retailers ... many are there for SHORT punts, for GAMBLING purposes, for FUN chatting about stocks in forums etc etc. So, we do not have many investors(they are the one profitting the most in markets and most of them doing extremely well due to their discipline). Yup, majority ... 90% of them WILL lose in long-run. Believe me, these KLSE-kaki wont last. And some of them gained well initially, even thought they are GOOD enough go full-time. Look ... trading is a serious business. You cant trade full-time with STRESS of money. With lack of knowledge and experience, trading full-time is not logical. Yup, of coz full-timers will have the so-called edge BUT remember, nothing could replace experience and right MINDSET. Majority of Malaysians or anyone WILL FAIL here.


Commnet 3 : Glad to know that you are ok. Riding motorbike is as risky as trading'.

TEH : Thanks. I am ok. Slight sprain in my left ankle.

I am a newbie and active following all the market kaki blogs, I try to learn the FA, TA, CA, NA, HA, RA TNA, etc'.. to draw some conclusion on how to make profit from the market. This is every investor / trader main OBJECTIVE. Right? To be a successful profit maker, I think that person must able to trader full time with passion and able to seize opportunities from speculative, moving, news in play and herd mentality stocks and ride the trend and able to cut loss if the trade did not go as planned.

TEH : DIS-agree. We dont go to market to profit at initial stage. We prepare ourselves with knowledge, not to lose too much of our capitals ... accumulating knowledge + experience while learning some systems which might work for us and improve on it. SO BEING NORMAL KLSE-kaki, you will NOT learn much. You must me VERY new to market, so .. I am just being HONEST to you. Markets do not work the way MAJORITY thinks. They are too naive and too ... UN-realistic. Majority of those in forums etc etc will be wipe-out, 40% of them will NEVER be in markets anymore ... and 80%(of the 40%) will lose huge amount of money, stucked with their lousy portfolios etc etc. Dont take my words for it, get involve in a smarter way, you might lose smaller. Cut-loss? Hmm ... easier said than done. Good luck

All are mentality strategies and nothing really needs FA, TA, CA, HA'' all the As. Bring me back to the right path if I am wrong. Just a coincidence to pick your blog to relay my opinion. Anyway, like your blog very much and your die hard fan la.

TEH : Thanks for liking my blog(for what?). My blog is for sharing purposes of COLD_water splashing on many so NAIVE look into markets. They dont have in them to learn ... dont worry, once they lose lots of money, they will realise market is NOT FOR THEM. Unlessac DRASTIC change in the MENTALITY ... they might have a chance to survive and learn a little? I doubt that. If you get to know your friends in KLSE or markets, share with them my blog --- so that I could splash more cold water to their GET RICH QUICK with stock market metality. ASK THEM to check with MAJORITY in markets ... dont worry, 8 out of them lost money or losing money. If they said they GAINED, they must be new to markets. If they are in markets for 10 years and GAIN A LOT,  I respect that and wont mind paying good-money to learn from them. I am serious.

Not my purpose to condemn or belittle anyone, anyway I am not qualify to do that, just sharing and hope to learn from feedback.

TEH : I do not condemn others, I am just stating some facts which many may NOT want to face. Once you could face the touchness in markets, you might prevail.

9.10 am : KLCI up 3 points.

Latexx : Sold half at 1.70 done.

WCT : It is still moving ... nice. Grabbed WCT-wb.

MBSB-wa : Yes, riding in such a good trend with a warrant is much 'safer' than to ride on Ingens, for example. I shown my wife the forum(NOISES) that people talking about punting into INGENS last night, with 100+ comments on it. Believe that how st**id our KLSE-kaki could be? Plain nuisance!!

Redtone : In red ... down 7% today, profit-taking and time to jump in, buy in volumes and HOPE it goreng up further for another 25% profits? These are discussed in forums too. Amazing? GREEDY? Err ... teach me and tell me the TRUTH, how many percent of those in KLSE profitting from markets? Tell me .. how many percentage of these in forums buying Ingens or DVM going to be profit from markets? Do tell me again ... those without experience or knowledge, we will get caught in them right? And THEY ARE THE BIGGEST LOSERS??

Teach me ... WHY so many still holding to KARAMbunai, Ramunia, DVM, Tricubes, Iris, Saag ... and such ... many more holding to MANY call-warrants which is nearing ZERO in values? FACE IT ... or else I am going to splash cold water to your FORUMS and get-rich-quick mentality again. Yeah right ... I am so envious of many profitting and getting so rich punting into Tejari or Harvest? Good luck ... I believe you are cultivating BAD punting habits and MAJORITY of them will ... eventually lose ALL their profits + much more. Ego and greed clouding these punters. If you really know what you are doing, good luck ... from me.

4.45 pm : Just done with my class ... today is another selling spree for me.

IJM : What the ... who is selling?

KLK : What the f*ck is that? RM15.30?? Serious? I was busy ... could randomly queued at RM16 or not?

UOADev : D0wn 11 cents now ... game over? Someone greedy getting stuck? Buy more?

Latexx : In red now? Phew ... one night stand?

Harvest : Dropped 15% today ... anyone caught GREEDY at the top? Average down as it will shoot another 50% from here? Hmm ... wait, I go to forums and ask those sifus ... they have those nice Hokkien-slang in their conversations. Either lau-sai or si-si ... mati. Dived.

Rules to my tratles

1. Do not lose money

HOW?

1.

2.

3.

Fill in the blanks and then add in more as you trade and learn. Writing it DOWN is to face REALITY about losing money!! FACE it .. let go of ego as we are dealing with EMOTIONS here. Take it and move on. Difficult at first ... take time to recover the emotions in play ... but we could NOT move on with so much baggages draggin you ...


TEH