My Trading Adventure

Never play with fire

CP TEH
Publish date: Tue, 04 Sep 2012, 11:10 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.
Following Message



HBGlob : From 0.55, opened 0.51 and closed at 0.41 yesterday. Today, a doji formed. You dont need FA or TA for these counters. Just punt ... follow some runners in forums, or someone will promote it through media to trap those GRREDY ignorant ones. If u r newbies and get caught, cut it off and LEARN the painful lesson. NEVER to buy a stockw without FA, and TA could not be applied.




Ingens : Still can run? Dont know how they trade these counters ... pure punting, following noises in forums and pray after bought. Jumped up happily, treat friends good dinners ... today have to lick wounds? I still think it is illogical to trade such stocks. Hard earn money ... gambled and who are the winners? Syndicates happily clean their plates. Yum yum!!




Mtronic : Aftermath ... no escape ... or hope for next round of goreng up another 200%? Hmm ... ok, let's wait then.



Aglobal : See any similarities ... well, I know u will tell me that you luckily get away with 200%. Congrats!!

Note : If we do not want to get badly burnt, do not play with the fire. Again, it will be taken by those never-say-die punters. Good luck



TEH
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Discussions
3 people like this. Showing 10 of 11 comments

noobie

HBGLOB just given dividend. How could it plunge just like this. Anybody expected it?

2012-09-05 03:17

Raymond Tiruchelvam

well after an almost 50% drop in revenue and 78% drop in earnings in Q2, what else to expect.... the drop in revenue seems permanent..thats real bad news

2012-09-05 03:30

noobie

When the news is out, it's already too late those who bought earlier have not yet sold their shares. Suddenly, the news hit and they can't even run as it drop so much in one day.

2012-09-05 06:54

ganasai

for newbies, just study more the tan kian wei posts or forward post. only expert can play fire, because they are trained.

2012-09-05 08:14

noobie

In the first place, this stock is giving dividend.
Just like Muhibah, the stock is nof fire, but can suddenly spark up a big fire.
So, there is no safe stocks to buy at all at KLSE.

2012-09-05 08:51

Namoyaki Takarajima

PLAY with FIRE, only if you are well equipped!

2012-09-05 08:57

noobie

What I mean to say is that we may not be playing the fire stock like Mtronic or those goreng because of news or rumours.
We are buying a good stock that can so suddenly collapsed and become fire.
just all because of revenue down,

2012-09-05 09:02

fandi

Very sad to see those just throw away their hard earned money like that. REAL SAD.

2012-09-05 09:09

CP TEH

Hi all

Noobie : Those are good questions. To trade or invest in proper manner, it is not as easy as buy good stocks or sell when revenues decrease. More factors to it. If one bought Genting at rm11, at rm9 now is deemed cheap? We need to know why Genting being pushed up to rm11 and why it is downtrending now. Know what I mean? The chances that Genting drops 20 to 30% per day is very remote, I won't say not possible. Think of it, do u think muhibah is good fundamentally? Why do u say so? If it is good, why cimb want out? Anything to do with political risk? Etc etc. Giving dividends also may not be a good stock. Hence, many criteria to consider before one trade or invest.

Time frame. Please consider that in ones trading plan. Do we plan in the first place?

So, general rules ... Do not touch goreng stocks. If one is telling me Genting is cheap at rm11 as the target was rm13 by our friendly analysts, then rm9 should be a cheap sales? Wait a minute, klci at new high ... The risk is much higher to buy at rm9, how about rm7. Will that be a good entry price? Perhaps rm5 is cheap enough and we do not expect it to go to rm3 again? Why yes? Why not?

Thinking critically is very important. Only very few in markets will use brain to think, do their own homework and analysis. Do not trust your broker reports.

TEH

2012-09-05 09:23

richman

I have got a fire extinguisher but the problem is it does not work when needed

2012-09-05 09:25

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