AMMB : I have quite a good discussion on my tratle's facebook as I shared with them the AMMB trade which ... by luck, shot up from RM5.50 to RM5.90 in days. All I do know is the RRR is good at RM5.50 and technically speaking, buying at RM5.50 will not lose us money(much). When we take a trade, we do prepare to CUT LOSS. That is what I taught my tratles ... it is called TRADING. As AMMB reaching RM6 soon, buying around RM5.90 is not a good entry point, unless there is a breakout of the current RM6.



PChem : So, with the above trade, I asked them to check on PChem now. It is still hovering at RM5.90 level, checking on RM6 level. With a good RRR and entry at current level will be off a 'low' risk entry point. We could not predict WHEN it will fly-off from current level to RM6.40 level again, but we will take the calculate risk. If you want to buy AMMB at RM5.90 now, please consider PChem at RM5.90 instead. We could NOT tell from here ... BUT technically speaking, a very much higher chance that PChem will give us a better trade.

DiGi : Profit-taking on the way ... need to be patience to wait for further retracements and reversal signs. Yes, I am slowly sharing with them how I check some reversal signs, given AMMB and CIMB as examples last week. So, I will be sharing with them DiGi soon. A strong uptrending stock, we should wait for correction and seeing it as healthy.

My tratles are real human ... who do take real trades. They have been with me for 2- 3months now, and seeing how I trade while learning along the way. I am just pointing out how I use technical charts and TIP to trade. No certainty, no such thing as hope-analysis ... all done in a very mechanical way. I do teach them trading-plan tho most of them still not doing much homework on this area. Give them time ... slowly, after a year with me ... they will certainly understand how MANY(80-90%) of them lose money ... and how using systems or strategies to trade, we could be consistent(to profit) in our trades.

It will be my wish that one day ... we are in a group to discuss on stocks and I do not need to do most of the homework, talking and such for them ... they could be as good as me(or better, I am sure) and we could have weekly discussions on stock picking!! At the moment ... err ... I have to tell them la ... how I traded TDM, Kulim-wc, Malton, AMMB ... and so many more. Yes, I do share with them my recent small losses in Coastal and BJCorp and also why I placed a position in the first place and why I need to cut-loss. These are 'live' trades ... and as I am only seeing them forthnightly for meetings, things changed ... in a mere two weeks!!

One day ... it is my wish too that my whole group(discipline and patience being cultivated) will benefit from my simple trading programme. One day ... given time, they could do better than me. I am just a 'teacher', their cikgu.

e-learning : To reach out to many out there, I have promised myself to share with them what I am teaching my 30+ current tratles. So, I am creating an e-tratle group. I have reached my 20 target yesterday(paid and registered). Yes, when these novices learning and improve ... they will appreciate my efforts and time. They will see that it is worth their money to invest in themselves and acquire some knowledge which needed to be in markets. I am still waiting for my 50 target ... but I am slowly sharing some posts in my new closed-blog for learning purposes.

It is 4 am ... time to watch Liverpool's game.

TEH