My Trading Adventure

Yet another boring post?

CP TEH
Publish date: Thu, 01 Mar 2012, 11:30 PM
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.
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I was thinking of writing about stocks ... but checking some insults remarks in i3-investors, I have to admit that it excites me to write another boring stories ... to bore more readers to sleep and yeah ... we will have these people put to sleep, so to speak. Haha ...

I have bad migraine ... I rested the whole half day ... and quite alert now! I seldom rest ... as getting sick is a waste of time. Of coz, we still have few of those empty vessels in the forum who have all the time in their hands to rest ... and rest they did. It is funny ... some really dont get it. It is a blog ... seriously, some so-called educated ones in our blog-sphere may not even know the simple definition of a blog!! Should we take heed? Should I care ... hmm ... why should I? Err ... to maintain them as my readers? Haha ... give me a break, that is a good joke. Haha .. ooppss .... you cant blame me, I am on medication!!

Anyway, how I blog is not important ... I will put more boring stories for a while ... making it so dull and that shoule put more to sleep ... zzzz ....

Perhaps I should just ignore them ... and talk about stocks, instead.

Let us begin with Silver ... yes, silver dropped vertically today!! Well, will it be de-listed? This silver has nothing much to do with the precious metal, Silver ... which also dropping from the current high. This silver giving us baking ingredients made of silver-power(I guess) ... I did not read about the issue but if I am not mistaken, it is about delaying of their reports? The factory is just near by USJ here, actually.

CSL dropped 17 cents today ... dont know why it shot up tremendously during IPO day ... today is profit-taking day. Will it shoot up again ... I do think so with election around the corner ... MCA might take it private after a week it is listed!!

Scomi's group ... down down down today ... intesresting. Any bad news?

MAS ... broken 1.40 level today ... loss BILLIONS of dollars!! How do they do business with such huge lossses? That is only for GLC's counters .. Malaysia boleh spirit, kept alive!!

PETALING JAYA: National carrier Malaysia Airlines Bhd (MAS) posted a shocking RM2.52bil net loss for its financial year ended Dec 31, 2011 the biggest-ever loss in its corporate history led by higher expenses, despite revenue rising 2% to RM13.9bil.


In comparison, the airline reported a net profit of RM234mil for the whole of 2010 and chalked up sales of RM13.58bil.


The RM2.5bil figure for 2011 includes a RM1.09bil provision, essentially a non-cash item, to reflect the state of health at the airline.

Everyone is reading that clearly ... loss of RM2.52 billions!! Wow ...

How bout Proton? Well ... it could not be traded anymore with DRB is buying her ... which company will want to buy another company who is beeding financially? That again only Malaysia-boleh spirit ...

PETALING JAYA: National carmaker Proton Holdings Bhd plunged itself deeper into the red with a net loss of RM88.2mil for its third quarter (Q3) ended Dec 31, 2011, compared to RM68.1mil recorded in the previous corresponding quarter.

Revenue declined to RM1.43bil from RM1.83bil previously.

In a statement, group chairman Datuk Seri Mohd Nadzmi Mohd Salleh said the lower profit was largely attributed to lower revenue recorded from domestic sales.

'However, the unfavourable impact from the lower revenue was cushioned by a decrease in manufacturing overheads and lower administrative expenses incurred in the same financial period. Additionally, the result was also affected by lower volume sale of Lotus cars in Europe in the past quarter,' he said

Incredible ... MAS and Proton ... the two household names in Malaysia. Somthing we SHOULD be proud of ... having in business for so long, yet they continue to lose money and each time, coming out with lame excuses for the losses!! Can they ever learn how to do business in a right way so that it is a profittable business-model? I guess they cant ... their hands are tied?

SIME ... supporting our KLCI with good profits reported.

Too tired to write ... time to rest ...

Night

TEH
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Discussions
1 person likes this. Showing 8 of 10 comments

Stephen Lee

No need to show off...one's man meat another one's poison. We should be more positive and rational in our mind than showing it off. We put money where our mouth is and not to show off.

2012-03-02 03:50

value_investor

Just read this post. personally, i am sharing out my portfolio as well. And my intention is to learn from this community instead of "showing off". hope we can learn from each other and moving towards to a better life

2012-03-03 12:11

Trader Hub

i guess it takes some courage for people to share their portfolio.. especially if there are some losing trades. but we are all human and do make bad decisions at times, so if we all just see it positively then sharing is indeed good for learning together..

2012-03-03 14:06

cpteh

hi all and Kian Wei

I do share openly for years in my blog until recently I do have my own trading group now. It is open, all the trades I have done with them for the past 5-6 months, profits ... strategies, the whys and hows ... cut-loss, losing trades, analysing EACH OTHER mistakes, reminding each other to learn better. Yes, I created a LEARNING platform for newbies and novices. It is my objective that they learn, rather than just 'wow or arrghh' and not learning from our trades. Losing is parcel of trading, accept it and move on. I have MANY bad trades and many cuttting-loss before I could reach to a point of called 'experienced' traders. An experienced trader is a person who do REAL trades and analysing their trades, good one ... and especially bad ones. So, no stocks will be discussed in my blog(too busy with 100+ of them in the group, anyway) but I will share few strategies and such ... whenever I m free. If I m not, I will continue to write boring posts to trash-out those un-interested readers. We need to tapis learners ... and believe me, no one could learn much by just chatting much in noisy forums. Extract what is good(some comments are VERY educational, that is why I am still here) ... tapis the bad ones. Happy Learning ... it will take years, no hurry.

TEH

2012-03-03 19:07

andy118

In order to proof to us and be fair to your tratles, would you be kind enough to post all trades and opinions say after 1-2 months had lapsed so that we can judge for ourselves. Many thanks anyway.

2012-03-03 19:25

value_investor

Trader Hub, as human being we cannot 100% right. And we do make profit and loss on the market. I believe we have to admit the wrong decision and cut loss once the prediction is wrong. By doing this, we shall able to make good profit eventhought we just score 60 ~ 70% on the trade.

cpteh, i understand that you would like to keep the privacy and to be fair to your follower who is paying you. but I do agree with andy, it will be good if we can learn and share with each other via this virtual space. hope that you can share your old trades than we can learn from each others. after involve in market for years, i understand that the price for lesson learn is expensive. i do hope, all of us can learn and prevent the mistakes. personally, i do believe you are a good trader and shouldn't take the blame.

let's make this space a healthy learning platform.

2012-03-03 20:13

Fat Cat Tim Buddy

only annoying idiot will type their surname in capital letter at the end of every msg. what an idiot...

2012-03-03 22:13

CP TEH

Hi Andy and value investor

Sorry for very late reply. I don't check much, I overlooked many.

Yes, I do posted few trades we have taken such as ytlpower and wb, skpetrol and cb, gasm and cd/ch, and recently posted orient. All after I have cleared my positions on those.

I do share charts and pointers, with the hope that those good traders will share pointers too and those novices could learn.

Unfortunately, it is very noisy here now as market is hot. More punters inside this forum and learning is lost. So, I do not have much time to read those post to reply.

Sorry if I missed some of your previous comments. I will try to be around for few of you who appreciate my existence.

Thanks and lets continue to learn from our trades.

TEH

2012-07-25 18:44

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