As the year end nearing, I am busy preparing for the e-space and platform for my e-tratles to learn in the 'best' possible way. As I am not IT-person, it is a challenge.
Attention to my e-tratles
e-tratles : For those who have registered for my e-learning, PLEASE go to my closed blog and READ the current updates. If you do not have a gmail account, please create one. If you do not have a facebook account, please create one too. Do e-mail me to my tratle-gmail created and acknowledge that you are ABLE to read my close blog. TRY to put a comment to check that you are able to do such. PLEASE add me in my facebook(search for CP TEH) and search for "CP e-tratles group" and NOT CP Tratles Group(that is for my tratles, not those learning through internet).
Please be pro-active in your own learning. I will NOT be responsible for each and everyone's learning progress. Do ASK if you could not access to the closed-blog or closed-facebook page.
Stock-Watch : I have created another page "CP Stock Watch" in my facebook, so for those who have paid for my stock-watch group, please request for an invite. THIS IS A CLOSED GROUP for those paid the RM30. DO NOT request for invite if you are not in my paid list. Thanks.
e-tratles vs stock-watch
Some are still asking me the differences even tho I have written about it a few times. Perhaps they are new to my blog.
Ok ok ... e-tratles are those who are going to learn BASIC TA which starting in JAN 2012 through e-learning. The fees is RM300(exceeded 50 now) for 6-months. It is one-time payment for the period of JAN2012 till June2012. Yes, it is for LEARNING technical analysis and I will NOT entertain stock-picking and such. I will not answer your questions relating YOUR stocks.
Stock-watch page is for those who want to know what stocks I am monitoring in weekly basis. I will post my stop-loss, entry prices and when I m selling, I will post it there too. So, I will not be putting any more stocks I am buying-selling in this blog effective from Jan2012. I will be too busy, actually. This is a stock-watch page(RM30 per month), so I will not be analysing any of your charts. Or most probably I will not commit to answer any of your questions relating to my analysis. Buy at your own risk.
For example : I just posted Glomac at 0.80 level now is worth buying. Queueing at 0.79-0.80 level to collect, cutting if it goes below 0.78 and targetting 0.86 and above levels. I will post the chart too. To have an idea, add me in "CP Trading Group". Yes, I will write what I am buying-selling in my stock-watch list and this is only for those readers who trust me. Otherwise, your risk is high.
9.30 am : KLCI is flat.
BIMB : Reaching RM2 resistance as discussed in our meeting last Sat. Yes, many bought at 1.71-1.75 levels but some sold earlier as I sold mine at 1.83. Well, I sold at 1.83 to move into BIMB-cc, as I told all my tratles that(do not follow clause written too. Haha). I have average of 0.15, bought 0.13 levels and sold 0.16 levels last week and grabbed back to have average 0.15 and sold 0.175-0.185 done today. That is how fast I moved from BIMB to BIMB-cc last week.
Now, with NOT LOSING money becoming our policy in my tratles group, I have to be careful with what I am sharing with them. Because I am 'free' to monitor and also an 'experienced' trader, asking them to follow blindly is not acceptable in my sense.
So, I will suggest to them good counters to look into at certain levels and explaining to them on analysis. Of coz they are allowed to question me or have their own analysis. I will like to make sure that they will consistently making 7-8 profitable trades out of 10. No need to punt or checking markets in regular basis. Just follow your trading plan. But, I will allow them to explore and will see if they have a trading plan in the first place.
Trading Plan
BIMB is AL's first nicely written trading plan and I used his trading-plan for illustration to others who have not really discipline enough(or too busy la) to write one. Yes, learning to do such homework could be tedious, tiring ... but it worth it.
AL : I know you are reading this lines(LOL) ... did you follow your trading plan? Write in your trading journal to make an awareness on such situation. Good.
XinQuan : When there is a divergence seen, LK posted in our facebook. I grabbed her and a few followed at 0.70-0.71 levels. Those followed, can I ask if you have a trading plan? Do you know my exit-plan? Profitting might make us 'happy' but I am concern about the 'following' part. Yes, XinQuan was not in my stalk list but added her to trade due to nice chart formed. Today it rebounds ... otherwise, I would be out.
PChem : This is a counter many followed at RM5.90-RM5.95 levels and we have taken 8cents dividends recently. Now, at RM6.13 today, it is still a profit tho so-called slow. Excuse me, this will not lose money much counter!! That is always in my mind, hoping they could profit(if the trade going well) but protecting the losses. Selling sould be at RM6.35-RM6.40 levels as planned. Anyone planned before buying or simply buying because I grabbed her? See the 'danger' in markets? It is so noisy ... and we just tend to follow the herds!! If that leader is our 'sifu', we forgotten he is just a human and jumped into the 'hole' with both feet, as if it is a guarantee that profits in hand!! I do not teach them that ... haha.
11.10 am : HSI drops 300+ points.
Glomac : Grabbed at 0.80 done so far. This one is sent to my stock-watch yesterday night. I am a property person with UOADev, HuaYang and YTLLand in hands. Haha.
KNM : Touched 0.90 today. OUCH
3.30 pm : KLCI in green ... up 4points now.
JCY and KurAsia : Continue to go higher and higher ... strong recoveries.
Armada and AirAsia : Welcoming the double-A.
TEH