One of my class cancelled(that is RM240, ok? ouch). Anyway, I still have classes till night today. That could give me more bullets collected to shoot ... hehe.

Today's topic ... how not to lose money is another COMMON SENSE which not many have in trading markets.

EMPTY ... by Click Five(I like)



Rule : Do not buy speculative, empty-shell stocks due to rumours.

Now, many or should I say ... most of the stocks traded in KLCI is manipulative and speculative. It is very quite easy to see ... they are the always in most actively traded stocks in KLCI for few days(at times, could be only for few hours!!) ... many punters talking about them in forums(most of them gamblers, uncles-aunties and those ignorant newbies). Most of these stocks are penny stocks ... and many below 20-30cents.

Let us take today .. we have SMI, Silver(PN17 also many punting, up 30+% in one day today), Abric, Emico ... and those ACE-babes such as Dscsol, AGlobal, Focus ..,

I dont know how to trade these counters. They failed most of my FA criteria and technically, it COULD not be used. So, it is pure speculating ... punting , get stuck ... dont know what to do, after dropping 30-50%, cut loss ... and repeat to gamble again.



Ingens : A weekly chart of a stock called INGENS. Hmm ... I m not sure if it is a name of a japanese cartoon character, but I do heard of it before. Where?? Yes, forum ... i3-investors, such a good platform INFESTED by punters ... talking and discussing about INGENS. Haha ... sorry, I m cynical. I do get upset if I need to probe further about its fundamentals.

It is thinly traded today at 0.075, dropped from 15cents levels ... that is 50% losses if one has punted into her during that ONE day surged(21st Mac). Game over for a time being ... till one fine day, some donkeys will make noises in the forum, and it rumours to be gorenged to 20cents again!! Perhaps, one may wait for 0.035(another 50% drop from current level) for a 'safe' entry point. WTF am I talking about? Entry-point? Haha ... I m talking to gamblers ... if one really NEED to enter ... nothing above 0.04, please. If we got stucked ... what should we do? How on earth anyone could tell WHY you entered at much higher level then? Of coz ... GREED ... today, fear? Sell for huge losses? One thing for sure ... I will NOT touch such counters, certainly will NOT average down. I will CUT-LOSS all those stupid-donkey's stocks, shake myself up ... splash cold water(soak in salt water, please) ... and making sure I will NOT be in market anymore UNTIL I get the simple definition of trading-investing right.

Ooppss ... side-tracked ... where am I?

Yes, how not to lose money? Simple tips here ... NEVER get yourself to buy through rumours, espeically those PENNY EMPTY stocks. If you dont know, ask!! Damn it ... stupid Malaysia education system, oppression of freedom of speech ... till majority of us DO NOT cultivate the good habit of LEARNING. Damn the education system, we simply DO NOT learn anything much except getting some certs to WORK. Phew ... voicing out the frustrations ... haha ... why many WILL NOT ask, queitly they will buy into Ingens, AGlobal, DVM ... AsiaEP ...

Another example : AsiaEP



Someone told me that her remisier asking her to buy AsiaEp at 0.08 ... I was like ... WTF ... shoot your stupid remisier(how he got the license, ask him) due to some rumour of 'china' ... I advised her NOT to get into such rumours. Oh boy ... the stock when up to 0.10 in few weeks time. Damn it ... I was wrong to give the advice. I m not sure if I was cursed. If you punt at 0.08, and becoming greedier ... did not sell at 0.10 ... and each time it moves lower, u will say ... it will rebound to 0.10 again ... you are proven wrong. Today at 0.04 ... shoot me, it is 50% below my cost price now, should we average down? Please ask the same remisier. He should have told you the exit point too.

It is endless ... do NOT blame your remisier, do not blame the persons posted in forums or blogs, do not blame anyone, including your dog ... blame yourself. Take it. Cry over it ... slap yourself, splash some cold water ... move on. Start afresh ... if you have the will. If not, QUIT market ... promise never to come back to stock-market anymore, it is SCAM. It is full of bull-shits ... from your remisiers, your broker reports ... those media ... just quit and avoid and accept that market is not for you.

What if ... Iris goreng again. What if KARAM-bunai or Sanichi goreng to 25cents again? What if ...

Advice : Never buy into these speculative empty stocks. It is NOT cheap. We do NOT value stock as cheap through it prices. Never to touch a stock below 50cents or perhaps below RM1. It is the tips I could share on "How not to lose money" ... in markets.


TEH