morning ... glad that I went for morning cycle after .. emm ... 2 months of break?
Exercise ... I need. Been being lazy ... and excuses-excuses ... not to get up and sweat!!
As it is very volatile now, trading could becoming so short term.
So, today I m going to take a rest ... my new sofa(for watching movie in my office) is coming in today and lunch appointment with a trader(who came for my trading workshop recently). Then, a tuition class ... dinner ... no e-meeting tonight as I simple want to be lazy ...
ok ... want to talk a little about FEAR which I m trying to create in ANY newbies.
Newbies : A person who are new in markets and in my definition, if you are less than 3 years in trading, you are a newbie. If you reached my level(knowledge wise) ... welcome to novice level.
IFCA is today hot-stock ... and will be a history, unpopular in months/years to come ... we all human tends to forget our mistakes and re-do the similar mistakes, chasing the hot stocks up as we do not want to miss out ...
SKPetrol : At 3.22 now ... hit 3.14 yesterday low. That is a strong support not to be broken. Huge volume yesterday ... see if could rebound from here ... I am avoiding O&G at the moment ... watching ...
Crude Oil is at 75 now ... as they are talking about US becoming exporter soon!! Arab lower the oil-price too ... so, that is good for consumers, right? NO ... not in Malaysia ... in fact, our gov just INCREASED 20cents (about 10%) of the price ... amazing economics and biz-deal which ... well ... we could never understand why? Endless possibilities ...
Going to watch a movie at home : MISSION IMPOSSIBLE (I) starred Tom Cruise.
e-meeting : Planning to have another e-meeting next Tuesday night for my blog-readers ... and to create FEAR further to newbies. Hmm ... it is needed as many in the greed mode plus NO KNOWLEDGE about trading, they will get burnt(80% chances ... smile now if u still in top 20% profiting traders).
Cheap mindset is something get into my nerve ... next Tuesday will talk about another 5 common mistakes.
TEH
Kevin Wong
Want to 'create' fear into the minds of new investors/speculators/traders? Maybe it's better if we should instead instill into 'em, never to act on decisions based on emotions, especially on such powerful but negative emotions like fear and greed. Greed will destroy, but fear will paralyse you in marts!
2014-11-06 21:51