My Trading Adventure

Learn to trade

CP TEH
Publish date: Wed, 07 Dec 2011, 07:45 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.
DOW up another 50 points but the excitement in US are not shared in KLCI as KLCI downed 10 points yesterday. We shall check if the is a rebound later.

Learn to trade

Can anyone actually be able to learn to trade? That is a good question being posted in my mind recently. I will have two answers for it ... YES and MAYBE. For some people, due to their mindest and personalities, the answer is a NO unless we changed their mindset(which is possible if they are determined to change ... but most probably we will fail) and their personalities(which will be a huge up-hill task as we all human have our own personalities as our individual identity).

What does it takes for any newbies to learn to trade?

Positive Characters and Attitude

I have to go back to those motivational and successful clips/quotes. It needs all those elements such as detemination, focus, motivation, persistence, patience, preserverance ... add-in those many many characters and right attitudes we need to excel in ANYTHING we are doing. Yes, trading or investing successfully needs those positive mindset and desire to learn.

I do still; share with my tratles(and will share with my e-tratles too) some motivational words and to attain results consistently, we need to be constantly reminded that we are in 'risky' business trading markets!! Yes, we need to take these as BUSINESS rather than a hobby or taking it lightly. It is our money on the line each time we took a position. You decide if you want to be serious or just doesnt bother much about trading in a proper manner.

Read more motivational books, quotes or search from youtube for some clips. Repeat those in regular basis. Save some quotes ... and play in while you are stuck in the jam. Heck, forget about those NORMAL people who waste their time playing face-book game, watching dramas or gossiping, talking about others. It is such a waste of time and energy, in my view.

Yes, I will place right attitutes as #1 pointer before anyone decides to trade in markets. Without that, it will be very difficult. Those who have continued to lose money in stock-markets will tell you that the whole market is a scam, their brokers/dealers are liars... and continue to find scape-goats to justify their failure or lack of success. Somehow, their cats or dogs distracted them to trade well. They never check on their systems, strategies and ... of coz, they sledom reflect on THEMSELVES.

I do believe by the end of my e-learning, some will learn well while others may simply call me a con-man. Seriously, I hv to be mentally prepared for these individuals. Initially they are motivated to learn, then they get confused ... and start to lose some money and ... yes, I will be blamed for THEIR failures. So, I am making it a point that the charts shared will only for learning purposes.

You cannot learn well if you are NOT open-minded enough. You wont benefit much if your ego is too huge and I-am-the-best mentality. If you are open to learning new things, listening and asking questions along the way, you might be able to learn. If you do not trust the system or indicators, you will not learn much either. Instead of focusing on what we want to learn, we are 'busy' looking for faults and doubts clouding your tiny minds.

Hark-work and consistency are required to, to move from one level to the next. My tratles travelled all the way to attend my classes and meetings. I do make sure they are paying 10% of those other 3-4 days courses. Yes, it is education, babe. It is not a get rich quick scheme or scam. It is learning ... in daily basis now through our facebook. This Friday I will have third meeting with them --- 12 of them still remains in my cohort-1-2. A few stopped or dropped and I am glad they did. Yes, I do see some individuals(especially those with bad punting habits) as disturbance to learning. They wont learn ... and they might end-up blaming me for wasting their time. Perhaps, demand their money back? I want guarantee?! Haha ...

It is attitudes ... everything we intend to do, to learn ...and do it well. We may fail ... but if we are persistent, we will push our brain or mind to get what we want. That is motivation, guys.

This Saturday, I will have my module-5 with 18 of my cohort-3-4. I did not see my cohort-3 for a month and kinda miss them! Haha .. but we do still in touch in our facebook-la.

Ok ok ... keep that right attitudes of yours top learn. Be open-minded as yes, trading using technical indicators could be seen skeptically ... it is like a crystal ball, trying to predict the movements of the future prices.

I am lucky(again) to predict with my crystal ball that Malton will break-out and that have benefitted a few of my tratles who followed my buying but more importantly, I will share with them how I do see last week that Malton might(it is TIP = think in probability) breakout.

Do you think my UOADev at 1.40 will go higher or lower ... say, next week? Guess? Predict? Target price? These are noises ... so much of noises in markets!! My blog contributes to more noises!! Buy or Sell? Hmm ...

Stay focus .. if possible, stay hungry. I am still very hungry ... keeping my mind open to learn more and more ... that is the attitude needed to succeed(I hope).

10.10 am : KLCI down 4 points. HSI up 150 points. KLSE is being independent again ... so, why are we keep looking at DOW and some even go to the extend to trade by looking at Euro-index-future? Does it make senses to you that our KLSE is too SMALL and CONTROLLED? With only 30-counters, dont you think so it is easy to move those numbers? Do you understand that ... those DOW up-down and those future-indices are for short-term speculators, contra players, intra-day junkies, punters-gamblers?

ACE-rally : This is what is going on for the past one month and they are 'controlled' by many syndicates, sharks, manipulators, speculators ... whatever you want to call it. I think the tai-yi-loong(loan sharks) are into the game too. RA in play today, Utopia ... with UMA issued by Bursa(for formality of it) or Sanichi ... where is my fav joke, DVM? Hmm ... MPay, MLab ... XoX, MClean ... what else I could think of? Hmm ... Envair recently written by Dali(if I am not mistaken). Someone yelling a buy for Ingens over the forums. What else ... did I miss out any of your fav ACE's babes? How 'bout K1, which I bought a GPS from them last month? Are they trading at 50cents which we anticipated(due to increase in sales ... I bought a unit, ok?).

PavReits : Welcome to KLSE .. well, REITS basically are for dividends play. So, they will stay dormant after IPO ... as most investors wont sell their holdings. I am not looking into REITS but I do think investors SHOULD look into them. Check out which one gives a better dividends la ... do some homework.

UOADev : Bought 1.40 days ago, sold at 1.38 for small loss just now. Will still stalk.

Gamuda-wd : Has been collecting at 1.01-1.03 level. Cut off at 1.01 today. Small losses again.

Proton : At 4.05 now ... anyone CHASING her up yesterday? Dont worry la ... wont be de-listed. Our TDM's baby la .. this is called LOVE, babe.

Malton-wb : Well ... taking profits day. Cleared of her .... I dont listen to noises such as many telling Pav-R will be listed today, that explain WHY Malton is up. Hey, we all knew Pav-R going to be listed, why dont you collect Malton when it was at 0.50-0.60 level then? Why only talk-talk in forums about WHY Malton shooting up? Because ... when my tratles asked me how I could guess Malton will break-out, I will be honest ... I DONT KNOW. I do not listen to forums, I do not even know Pav-R will be listed and will push Malton's price up. What I do check is the CHART. Yes, charts dont lie ... then, of coz I do read about how much cash they have, someone speculating on possible of privitisation etc etc. With charts and indicators, fuelled by rumours or speculative news, I know many are looking at Malton. Today is a profit-taking day ... buy or sell?

YTLLand : Still checking her at 1.03 and below. Touched 1.04 now.

DRBHiCom : Someone asked me about her at RM2.20 last night. The current spike in price and volumes are signals of SELLING, not buying. So, someone caught at 2.20 level and it is at 2.12 level now. I dont reply such e-mail but I could openly write here my opinions. Opinions are cheap, anyway. If you go to forums, dont worry ... many will 'help' you by giving opinions ... so, if anyone wants opinions, do check out forums. Many there. To me, if you bought blindly(randomly), selling should be random too. Will it goes below RM2 or shoot to RM2.30 again? I dont know, honest. I dont.

Technical Analysis : Many think of using TA to time their buying-selling. That is only half-right(or half-wrong, depending on how you view them) as NO ONE could tell you buying a stock at some levels will give you profitable trades!! It is subjective, not a science. No certainty ... and that makes many frustrated learning TA. Many of them making things TOO complicated as THEY BELIEVE the more indicators will give them a better confidence to trade. This is especially true for those doctors, dentists, engineers, lecturers, sales-persons ... and many more professions as we are taught to look for signals, look for indicators, look at  ... emm ... fung-shui?

I will want to trade and make my trading plan as simple as possible. No fancy big words ... just how to see those indicators in layman's point of views. Too simplified, at times. But it is good. Most importantly, it works!!

Envair : Punted into her at 0.28 today done.

EAH : Yes, this is another good one for trading.

2.35 pm : KLCI down 6 points. I need to go for my lunch!!

Kuda-Putih : I grabbed some at 1.61 this morning and posted in my Facebook. Hehe.

Glomac : Grabbed some at 0.84.

RSawit : Grabbed some at 0.88.

YTLLand : At 1.03 now, still stalking.

4.05 pm : I am just home ... KLCI still 6 points down.

Stock-watch : I am a REAL person. I write real trades, taking lower risk trades and without punting into those lousy stocks. I am NOT suitable for those gamblers-mindset. I am TOO SLOW, I am too conservative, I am too careful for those get-rick-quick mentality. So, my stock-watch is NOT for many gamblers in KLSE. Nope, it is meant for someone sensible ... someone who read my blog for at least few months to understand how I trade.

If you want more details, e-mail me that you are interested in my so-called service. I do NOT believe in stock tips, I do not believe(and you SHOULD NOT too) in anyone claiming they know what donkey-auntie-uncles stocks to goreng and to go up. But, I do welcome those who want to learn(e-learning) ... and you may join my cohort-5(Jan 2012, if possible). Yes, I am a real person. Do you know how many readers I have met? I have nothing to hide ... I just being honest but I could not being too honest here as I am being watched by many. You never know ... there are MANY MANY people out there trying to make a living out of your ignorance!!

BEWARE of these people. They are the one who is claiming what they buy-sell for huge profits in SHORT period of time. I will want to write more about these but too busy. You see, only those DESPERATE gamblers who are losing money will believe that someone oculd give them tips ... to gain hugely to re-coup their losses.

Someone just e-mail me about it ... and asking if I am going to 'cheat' him too. I dont know how to answer but as I am a real person, I am answering it here. I make it open ... and making things clear. I have no intention to cheat anyone but I am passionate in my education ... I want many to be educated before they move into markets. I hope to make them realise ... that stone is stone, it wont turn into diamond, even if you pray-n-pray. WAKE UP.

Comment #1 : Your strategy works very well for you today. Releasing fund by selling UOADEV and buying RSAWIT easily can earn you hundreds of ringgits in a matter of two days. Great job!

TEH : Well, I am not sure if it works well or not. I do things very mechanical. I done such actions many of times and I am immuned to whatever others saying. It works for me doesnt mean it works for others. Yes, I was chatting with my tratles about WHY I grabbed RSawit at 0.88 ... but I do not know anyone following? If any readers following, I wish them luck.

Now, these stocks I am watching, buying and selling will not be seen in this blog anymore by next year. I will want to maintain this blog writing about motivational, my tratles and e-learning experiences. Also, those video clips I watched ... things that I read from papers or magz ... anything except my stock-watch as it will be for my subcribers only. Even that, I wont ask anyone to buy or sell.

For example : I will say ... I am looking at AMMB at RM5.50 level. Once I bought at RM5.52 level, I will place an alert in my facebook. Then, when I am selling at RM5.90 levels, I will write too as I am shifting my money to grab PChem at RM5.90. That is how my stock-watch will be.

I bought WTHorse at 1.61, Benalec at 1.34 and Envair at 0.280 today. I sold UOADev at 1.38 and Gamuda-wd at 1.10, both for small losses. Of coz theyu closed back to my previous cost prices!! But, when I took that decisions, it is due to my RSawit moving and pushed up. That is how I do decisions ... at split seconds, at times.

Comment #2 : I am sure u are not gambler, are u punter? EAH & Envair are ace counters which carry high risk,shouldn't you avoid its?

I am a punter, a speculator and a trader. We need to diversify our funds into few portion. A small portion should be used to buy call-warrants and stocks like Envair. Concept still the same ... PUNT and make sure u do not lose money much. I will be very free to monitor for whole week ... so, I wont lose much. That is my first policy : Do not lose money much by placing a cut loss portion. Yes, I will like to write more about RISK as ... risk is indirect proportion with knowledge&experiences. A person could be buying into AMMB at RM6 without understand the RISK, while another person might be buying EnVair at 0.280 feel it is not risky!! RISK is relative ... I do know some NEWBIES buying warrants and asking around what to do with his/her Scomi-wa. That is RISK. Yet, I do know someone bought Proton at 3.80 level and sold at 4.50, and not seeing it as risk. You get me? RISKs are meant to be managed. If you know how, the risk is lowered. If you dont know anything much, get some knowledge and experience in trading, the risk could be managed.

D'masiv - cinta ini membunuhku



TEH
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