My Trading Adventure
A reply to Frank S
CP TEH
Publish date: Thu, 13 Nov 2014, 03:37 PM
CP TEH
0 2,918
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.
Morning ... I watched "The wolf of Wall Street" this morning ... and it is yucks with all the vulgar-F words ... and the sinful parties. Terrible movie. haha
I will want to reply an e-mail from an old reader(from i3). I e-mailed him when someone sent me one of his comment. No, I do not send a spy in i3(why should I?) ... but good humans with me, making me aware of many talking in i3-forum(or whatever forums, are we supposed to be aware?).
Then, I noticed it was FS ... a person I regarded(some years ago) as a good human in i3. I was in i3-forum some 2yrs ago ... but after 1-2 encounters with some so-called regulars ... I pulled myself away, rather than lowering myself. I do have better things to do ... enjoy the life, guys.
This comment was in i3, in one of my post MyEg-MMSV. So ... here will be my reply to FS, but will only clarify few things.
FS : Haiya teacher teacher sometimes u really kill me la. The other day u said market very high, aunty uncles,pak chik makchik getting greedy n u taking a break now u go n punt MMSV somemore 2 rounds in a single day? N for dinner money? Wat happened? u take a break n had some kit kat n come back all within 24 hours or u worry u missed the action? The other day u said u cut loss My eg now u buy back n make u glad - huh?. These 2 shares are already at all time high n u're buying high selling higher? that is why so many here think u're a punter more than a teacher so how to attract more students?
TEH : Yes, I told my trading group to SELL last-last Friday(31st Oct) as the V-shape is ridiculous. We bought BJToto, Armada, Yinson, Boilermac, PWRoot and many more during that fear period. When it hit a V-shape, I am in FEAR due to penny-stock punters are BACK in FULL vengeance. So, the FEAR in me prompted a SELL and relax call. I went to RHB talk .. people told me die-die and lose money, so I bought. When I went to another talk ... so many aunties-uncles, it was PACKED. What does that say ... mind you, 80% of these people who attended market talk losing money, ok? So, I tend to do the opposite. When SMRT from 90cents to below 60cents and back to 90cents ... DNex from 38cents to below 28cents and back to 40cents ... craziness of GST play in news .. we HAVE to take heed as retailers are BACK in huge dose. SELL was a RIGHT call back then.
Myeg : Bought at average 4.06, anticipating breakout of RM4.04 but it closed RM4.02. I cut-loss RM3.99. It came down to RM3.91 with lower volumes, indicating contra-short-term traders selling and when it moved back above RM4.04, I bought. Sold RM4.30(some members sold RM4.33 and another RM4.38). I was greedy ... I sold half only. At current level, it is at 10MA support, in which if it breaks RM4 ... we need to cutloss again if we are short-term trading. Otherwise, wait for RM3.90. Well ... some bonus-issue news is there ... GST ... blah-blah ... MyEg boleh? haha
But, we can STILL take short trades, right? I cut-loss my MyEg at RM3.99 as it failed to breakout, came down for few days to RM3.91 and jumped back above RM4.04 resistance ... as traders, we see that as opportunity for short trades. I managed to sell at RM4.30 and it went higher, I think. Still have half, tho. Today is back to RM4.
MMSV was a day-trading ... I hv written there to my members that it is meant for short-trades, with cut-loss if breakout failed. It went to close at 68, and I sold all at closing price. It might goes up higher after that, but it is not of my control. I could only PLAN my trades and trade according to my plans(easier said than done, of coz!). Today it is back to 60cents level. So, it is NOT for everyone. We need to know our own RISK appetite, and WHY it jumped up(due to profit news).
But ... if unfortunately ... those reading forums/blogs/broker reports/remisiers/dealers/softwares and media/friends/neighbours and/or crystal balls would not understand the RISK because ... we are all channel to be GREEDY. Yes ... sorry if anyone reading my posts, bought into it and lose some money. Please understand that we are NOT suppose to take ANY trades without understanding what we are doing! That I will want to reach out to MORE newbies/novices ... and making them realize the LOGIC and REALITY about stock-market trading?
I do not care WHOEVER in i3-forums think of me. Yes, I m still very much a teacher ... if anyone think I am punter, am I supposed to listen to few hundreds of OTHERS thoughts? Look ... trading is UNDERSTAND your risk ... your plan and execution. Period.
FS : Kannot like tat la - U must understand now u no newbie nor novice ma- u 're A Teacher / A CIKGU ( not ciku) - respected one also ( at least for me ) it 's good to be humble but u must be practical also. Now u kept saying u a Teacher n u teach TA n also got stock watch. O.k good. but u must remember u also a Business man now mah so must at least act like 1 la - tell me which tratle or turtle wants to pay some novice or beginner to teach them how to punt? Especially when Here in i3 have many TA gurus who give free tips n also write TA n FA write ups n many are quite accurate so u must be better than them especially since you'll be charging - ( of course u deserved it as u also put in a lot of hard work ) but u must separate or at least show why u r better..
TEH : I am no longer a newbies recently ... I allowed myself to be upgraded to NOVICE level after 5 years of HARD work ... 4-6 hours perday, digesting the huge data, chart readings ... and chatting with my traders for info and sharing purposes. Yes, after a person who have been CONSISTENTLY in market for 5 years and for 4-6 hours per day, we kannot call him newbie? May I know ... why not if he THINKS he is still a newbie? As for me, only I MYSELF could judge myself ... and God, of coz. No one else should judge us except ourselves.
So, if I said I am a NOVICE ... I am one.
I am just trying to be as frank as possible, in the world of lies(the stock-market is an INDUSTRY itself with most have MONEY and personal gains in mind, not ours). I will keep my own words to myself, and let the others to say whatever they want. Afterall, EIGHTY PERCENT of them .. those in forums and markets LOST/LOSING/WILL LOSE money, ok? Face it ... so many empty-tins there ... do you think ANYONE want to give you FREE lessons and FREE tips to punt? THINK ... by the way, thinking needs BRAIN ... which the LOGIC being thrown out of the windows. WAKE UP. Hanging with those birds ... will gather same feathers. If we are to be the TOP 20%, it is my strong believe to LEAVE those 80% alone ... and if they are SENSIBLE and LOST lots of money one day ... they will QUIT(that is the best for their OWN good) or ... they might want to learn ... then, I will welcome to give them few hour lectures!! haha ... FS, you need to get a facebook and come to my e-meeting. I will reserve a seat for u, ok?
I spoken about cut-loss last night ... and explaining why most of us lose money(me too, of coz ... as I m a just a novice, see?) and many started to make some senses. But ... we have short memory ... we tends to FORGET and repeat our mistakes ... because MARKET is very tempting. It is a place for MANY in the INDUSTRY to profits from retailers, suckers ... and more newbies coming into the greater fool's game. It is a place of NO U-TURN. When you win, you will praise XYZ and thought you are born talented ... but when you lose, you will have someone to point fingers to.
Wait a minute .. I never point out that I am better than anyone or if I am bothered to compete ... hmm ... nothing to compare. I am learning to be a better trader. That is my point. I do think I have a very different mindset, which MAJORITY in forums wont understand. So ... if anyone in i3 promoting their trading course, stock-watch and services ... it has nothing to do with me, right? If the members profiting well, why not? If we are doing well ... people will want to learn, right? But ... if we failing ... why not?!
So ... I m not a biz-man. I know I tried to promote my stock-watch(contact me at cpteh@yahoo.com haha) or trading workshop, but if I could help some, why not? I do know there are MANY stock-pick groups out there ... giving MANY giving the GET RICH QUICK stocks ... and MANY members getting the taste of burning inside in the speculative counters. When they profit, they will said that sifu/guru is the best ... and curse the same person weeks later when lose money. Those are IGNORANT punters and newbies. What can a teacher ... a blogger and a trader like me do? NOTHING ... it is our own choices to follow whoever, whatever works ... and disclaimer is always there, right? Are we going to blame the analyst if we bought into XYZ and it dropped 50%? Or how about ... blame our own STUPIDITY and GREEDINESS and LAZINESS ... and thought that trading is earning EASY money, right?
Stock market is the ONLY place where professionals with good brains losing their LOGIC and BRAINS. Nothing new ... it is basically GREED and listening to many sweet words. In my trading group, I talked about losing money. I lost many times ... and failed. It is part of the game!!
In short, I may want to promote myself ... but I rather to have sensible people in my group. I will VERY glad if majority 80% losers will not be in my group. HONEST. Dealing with human is too difficult for a non-salesman with bad PR ... I will say bad words and even scold some members for asking stupid questions! Yes ... I only wish to teach those who wish to learn ... as I do BELIEVE there are still some sensible and honest real newbies who are losing money, feeling lost ... and need a good mentor to help them out the losing groups. That will takes lots of effort from OURSELVES.
Did you see me promoting GREED or FEAR? Yes ... who will want to join me when I keep talking about RISK, right? They want to hear profits!
FS : N worst of all punting for makan money? that is definitely a NO NO. u know most here always wants the easiest way to make all the $$$ - the hot flavor or the day, the next 10 bagger n u seriously think makan money or learning from novice will get them to u?
TEH : WHO doesn't want the easiest way of earning money. WAKE UP, ever retailers. Do not be suckers!! Learning take YEARS ... and anything easy is NOT TRUE. Again .. I need someone to use BRAIN. Got or not? No ... do not learn from me as I m a novice. Go to those selling you HOT STOCKS ... telling you they gain 20-30% in shortest period of time. Please go to those salesman ... pay RM3k or RM5k or RM10k to join those sure-win tips ... and yes, remember to get rich. Let me be ... and helping those few logical ones, believing trading is difficult. How about those forex-talk ... onlky for today, RM5k (worth RM25) ... and you will learn how to trade forex and earn back RM5k in days? Hey ... those are BS promoters leh ... and be VERY careful, MANY are out there ... writing free blogs, giving free tips ... using Facebook to create sure-win groups. THINK ... and yes, one day ... when senses get to you(market will crash one day, anyway) ... perhaps, I m still around to help many?
FS : So I suggest to u no more riding kapchai n wearing slippers seeing your prospective traturtles or when giving classes thinking ah pek style will prove your sincerity,but IMAGE n IMAGE is important so Please go get a nice suit & tie n put on some Alain de Lon Shoes n please change your still learning Novice n BEAR with me thingy la. Disclaimer is Fine but all the Bear n animals got to go. U have to be something like 'Any investment will have risk or losses'. or/and 'Learn to Be a Better trader for a better future' Show them your annualized gains since u turned pro - people like good successful person/story before they put their $$$ into u.
TEH : No .. I m not proving my sincerity to teach. I do not need to. For your information, that was my personal comfortable look. I started with that ... now, I do wear nice T-shirt which my wife shops for me ... and I m wearing nice shoes. Haha .. yeah ... an improvement in my look leh. Not bad, right? I will NEVER wear a suit or tie. That is for SALESMAN. I am a trader and a teacher. I think a decent nice jeans-tee is good enough. Yes .. bear with me for another 3-5 years while I will still struggle to learn to get out of novice level. ONLY ME .. only I could promote myself. Not thru any judgment from others.
Successful stories .. haha ... am I successful? I do not think so ... with me 20% in my trading journey? Yes ... 20% as there are so much more to learn and experience. So ... do bear with me for another 5years ... will you still follow my blog in 3-5 years time? I am going to reactivate my www.tratles.net next year as I just quit my full-time job last July. I do hope to find more time to blog ... to post some stock analysis and perhaps ... heck, I might be known by few sensible newbies. Those want to get-rich-quick .. buy today, up tmr mentality ... DO NOT contact me. You will be disappointed as I don't believe in such sifu/guru/trainers. I am also a non-believer in softwares .. which so hotly promoted and people buying into those stories.
FS : I hope u dun mind me pointing out these to u coz when I started to come here few years back u makes the most sense in not punting speculative stocks n still do but u seriously need a make over. I know u blah3 n dun care much but u're blahing here also hoping to get some students correct or not so IMAGE is very important - for me I want to learn from the very best not some still learning bear with me novice so take the bull by it's horn n tell your future traturtles or let them know u're the BEST of the rest. n that being professional then only people will take us seriously. good luck to u :)
TEH : I m still in a position that as newbies we should not punt into those pump-n-dump counters. I have not changed. I am NO longer a newbie ... I m a trader now, no longer have a full-time clock-in job ... so, if I seen any opportunity, I will trade. No ... you are wrong to say my blah-blah is to get students. Haha ... I wrote my blah-blah blog since 2008 ... in fact, I blah-blah in in blogs for 15 years now ... yes, way before BlogSpot was born ... we have blogsome, Xanga ... then ... way back, we have create-your-own-website by yahoo ... and way way back then, I was blogging in a Canadian website(lure by my chess-mate .. I played Yahoo chess everyday back then).
So ... my blah-blah is for my pleasure viewing ... tho I seldom re-read my own posts. I dislike the attention thrown to me ... but about 2 years ago, someone kindly reminded me as a public-figure now. Serious?? What is that?
This is one of the three interviews I have obliged to. I am a stock-trader. I do not need to dress coat to tell you how the MACD works. I do not believe in driving a Merz and told you BS story such as I profited RM1mil from trading Gamuda-wd and still promoting how good the software works. I do not need to work at night ... telling people to come to my workshop, and use i3 or whatever platform to mid-lead others. Serious biz-man will consider that ... I am not a serious biz-man or sales-person. Ask anyone knew me in person. I helped many ... shake their brains and telling them FACT about HOW I lost money ... and how many of us will lose money being a sucker. That is reality. And yes, I lost many times .. lost many trades ... lost a lot of my money.
And thanks ... I do appreciate your pointers. I do hope I have partially answered some of your questions or clearing some of your doubt. Oh yes, I am changing my good old kapcai to Kawasaki VERSys(about RM35k) ... and I do like bikes, not cars.
Frank, as I told you in my reply to your e-mail ... this is not my main biz, blogging is my pleasure and hobby. Trading workshop, if any ... is a pleasure for me to be able to share my trading system with FEW sensible humans. NO ... I do not want to have those big-crowds and earning money thru teaching trading, yet all those BS promotion talks, if u know what I mean. I want to be MYSELF ... a real me, learning to trade and teaching them HOW I started ... and what pitfalls to look for, what resources we could share and gather ... guide them even after my workshop, dedicatedly have e-meeting with them (LOL ... I am practically have e-meeting few times a week now. haha ... and it is free ... because I enjoyed it). So ... I know you concern of me ... blowing of my own reputation, to be a trainer in trading. I am not bothered as ... only sensible people who want to learn from a real trader, such as me ... will appreciate my treaching, anyway. MAJORITY of them want to learn it fast, learn it quick ... just tell me what to buy and sell so that I can be RICH. Haha ... no thank you, I want these gamblers not to join me ... join many of those advertising that they profit 20-50% in days/weeks. My toes are laughing ... haha ... and I want to cry too, due to my stupidity ... I didn't get into their sucker game?
MANY out their want to suck us in with their FEW thousands dollars of trading course, and promoting ridiculous profits. Ridiculous money ... teaching people to use software to trade for few thousands and with a class of 20-30 suckers, the trainer who is selling software is getting RM60k for a session. Those attended ... err ... got learn anything or not? Can be better traders after a day talk ... or 2-3 days course ar? You want the notes? What ... studying notes can be good traders? If they are THAT good(which I am not... sorry la, I m still the ah-pek you knew 2-3 years ago in i3-forum), the BANKS will be asking them to work for them or buy THAT software for millions, ok? Got brain to think, right? Got?? sure ....?? no ... many more suck in to pay those thousands ... believing they could earn back their "investment" and many many more newbies coming into markets ... believing they will profit or even get rich.
Let the nature takes it cause ... as in the end of the day, it is our own money we have to protect. Do not blame the promoter/salesman ... it is their job. They are just working for their company. Maybe, one day ... if I open my own biz in trading ... say, Tratle.net Sdn Bhd, I will have to employ sweet young faces and energetic youngsters to promote my courses or services, right? Till then .. I am still very much a teacher ...
do come for my e-meeting next week Wednesday(free ... apa lagi mau? ... you think my time is free ar? feel guilty yet .. then, donate to the charity, can ar?) ... as I will repeat the "7 stocks we should NOT be buying" if we are newbies.
Note : ONLY for newbies and sensible human. NOT a stock pick and any stock mentioned is for education purposes ... or for pleasure blah-blahing purpose.
Promotion : Join my stock-watch to check on my trades. I do have free weekly e-meeting new year onwards. It will be GST free too. Hmm ... join the ah-pek way of learning technical-analysis as I will be having my cohort-14 NEXT SAT/SUN (23rd and 24th ) ... for more information, contact me at cpteh@yahoo.com
Thanks
Phew!! Getting back to KLCI ... in red minus 4 now
TEH
I will want to reply an e-mail from an old reader(from i3). I e-mailed him when someone sent me one of his comment. No, I do not send a spy in i3(why should I?) ... but good humans with me, making me aware of many talking in i3-forum(or whatever forums, are we supposed to be aware?).
Then, I noticed it was FS ... a person I regarded(some years ago) as a good human in i3. I was in i3-forum some 2yrs ago ... but after 1-2 encounters with some so-called regulars ... I pulled myself away, rather than lowering myself. I do have better things to do ... enjoy the life, guys.
This comment was in i3, in one of my post MyEg-MMSV. So ... here will be my reply to FS, but will only clarify few things.
FS : Haiya teacher teacher sometimes u really kill me la. The other day u said market very high, aunty uncles,pak chik makchik getting greedy n u taking a break now u go n punt MMSV somemore 2 rounds in a single day? N for dinner money? Wat happened? u take a break n had some kit kat n come back all within 24 hours or u worry u missed the action? The other day u said u cut loss My eg now u buy back n make u glad - huh?. These 2 shares are already at all time high n u're buying high selling higher? that is why so many here think u're a punter more than a teacher so how to attract more students?
TEH : Yes, I told my trading group to SELL last-last Friday(31st Oct) as the V-shape is ridiculous. We bought BJToto, Armada, Yinson, Boilermac, PWRoot and many more during that fear period. When it hit a V-shape, I am in FEAR due to penny-stock punters are BACK in FULL vengeance. So, the FEAR in me prompted a SELL and relax call. I went to RHB talk .. people told me die-die and lose money, so I bought. When I went to another talk ... so many aunties-uncles, it was PACKED. What does that say ... mind you, 80% of these people who attended market talk losing money, ok? So, I tend to do the opposite. When SMRT from 90cents to below 60cents and back to 90cents ... DNex from 38cents to below 28cents and back to 40cents ... craziness of GST play in news .. we HAVE to take heed as retailers are BACK in huge dose. SELL was a RIGHT call back then.
Myeg : Bought at average 4.06, anticipating breakout of RM4.04 but it closed RM4.02. I cut-loss RM3.99. It came down to RM3.91 with lower volumes, indicating contra-short-term traders selling and when it moved back above RM4.04, I bought. Sold RM4.30(some members sold RM4.33 and another RM4.38). I was greedy ... I sold half only. At current level, it is at 10MA support, in which if it breaks RM4 ... we need to cutloss again if we are short-term trading. Otherwise, wait for RM3.90. Well ... some bonus-issue news is there ... GST ... blah-blah ... MyEg boleh? haha
But, we can STILL take short trades, right? I cut-loss my MyEg at RM3.99 as it failed to breakout, came down for few days to RM3.91 and jumped back above RM4.04 resistance ... as traders, we see that as opportunity for short trades. I managed to sell at RM4.30 and it went higher, I think. Still have half, tho. Today is back to RM4.
MMSV was a day-trading ... I hv written there to my members that it is meant for short-trades, with cut-loss if breakout failed. It went to close at 68, and I sold all at closing price. It might goes up higher after that, but it is not of my control. I could only PLAN my trades and trade according to my plans(easier said than done, of coz!). Today it is back to 60cents level. So, it is NOT for everyone. We need to know our own RISK appetite, and WHY it jumped up(due to profit news).
But ... if unfortunately ... those reading forums/blogs/broker reports/remisiers/dealers/softwares and media/friends/neighbours and/or crystal balls would not understand the RISK because ... we are all channel to be GREEDY. Yes ... sorry if anyone reading my posts, bought into it and lose some money. Please understand that we are NOT suppose to take ANY trades without understanding what we are doing! That I will want to reach out to MORE newbies/novices ... and making them realize the LOGIC and REALITY about stock-market trading?
I do not care WHOEVER in i3-forums think of me. Yes, I m still very much a teacher ... if anyone think I am punter, am I supposed to listen to few hundreds of OTHERS thoughts? Look ... trading is UNDERSTAND your risk ... your plan and execution. Period.
FS : Kannot like tat la - U must understand now u no newbie nor novice ma- u 're A Teacher / A CIKGU ( not ciku) - respected one also ( at least for me ) it 's good to be humble but u must be practical also. Now u kept saying u a Teacher n u teach TA n also got stock watch. O.k good. but u must remember u also a Business man now mah so must at least act like 1 la - tell me which tratle or turtle wants to pay some novice or beginner to teach them how to punt? Especially when Here in i3 have many TA gurus who give free tips n also write TA n FA write ups n many are quite accurate so u must be better than them especially since you'll be charging - ( of course u deserved it as u also put in a lot of hard work ) but u must separate or at least show why u r better..
TEH : I am no longer a newbies recently ... I allowed myself to be upgraded to NOVICE level after 5 years of HARD work ... 4-6 hours perday, digesting the huge data, chart readings ... and chatting with my traders for info and sharing purposes. Yes, after a person who have been CONSISTENTLY in market for 5 years and for 4-6 hours per day, we kannot call him newbie? May I know ... why not if he THINKS he is still a newbie? As for me, only I MYSELF could judge myself ... and God, of coz. No one else should judge us except ourselves.
So, if I said I am a NOVICE ... I am one.
I am just trying to be as frank as possible, in the world of lies(the stock-market is an INDUSTRY itself with most have MONEY and personal gains in mind, not ours). I will keep my own words to myself, and let the others to say whatever they want. Afterall, EIGHTY PERCENT of them .. those in forums and markets LOST/LOSING/WILL LOSE money, ok? Face it ... so many empty-tins there ... do you think ANYONE want to give you FREE lessons and FREE tips to punt? THINK ... by the way, thinking needs BRAIN ... which the LOGIC being thrown out of the windows. WAKE UP. Hanging with those birds ... will gather same feathers. If we are to be the TOP 20%, it is my strong believe to LEAVE those 80% alone ... and if they are SENSIBLE and LOST lots of money one day ... they will QUIT(that is the best for their OWN good) or ... they might want to learn ... then, I will welcome to give them few hour lectures!! haha ... FS, you need to get a facebook and come to my e-meeting. I will reserve a seat for u, ok?
I spoken about cut-loss last night ... and explaining why most of us lose money(me too, of coz ... as I m a just a novice, see?) and many started to make some senses. But ... we have short memory ... we tends to FORGET and repeat our mistakes ... because MARKET is very tempting. It is a place for MANY in the INDUSTRY to profits from retailers, suckers ... and more newbies coming into the greater fool's game. It is a place of NO U-TURN. When you win, you will praise XYZ and thought you are born talented ... but when you lose, you will have someone to point fingers to.
Wait a minute .. I never point out that I am better than anyone or if I am bothered to compete ... hmm ... nothing to compare. I am learning to be a better trader. That is my point. I do think I have a very different mindset, which MAJORITY in forums wont understand. So ... if anyone in i3 promoting their trading course, stock-watch and services ... it has nothing to do with me, right? If the members profiting well, why not? If we are doing well ... people will want to learn, right? But ... if we failing ... why not?!
So ... I m not a biz-man. I know I tried to promote my stock-watch(contact me at cpteh@yahoo.com haha) or trading workshop, but if I could help some, why not? I do know there are MANY stock-pick groups out there ... giving MANY giving the GET RICH QUICK stocks ... and MANY members getting the taste of burning inside in the speculative counters. When they profit, they will said that sifu/guru is the best ... and curse the same person weeks later when lose money. Those are IGNORANT punters and newbies. What can a teacher ... a blogger and a trader like me do? NOTHING ... it is our own choices to follow whoever, whatever works ... and disclaimer is always there, right? Are we going to blame the analyst if we bought into XYZ and it dropped 50%? Or how about ... blame our own STUPIDITY and GREEDINESS and LAZINESS ... and thought that trading is earning EASY money, right?
Stock market is the ONLY place where professionals with good brains losing their LOGIC and BRAINS. Nothing new ... it is basically GREED and listening to many sweet words. In my trading group, I talked about losing money. I lost many times ... and failed. It is part of the game!!
In short, I may want to promote myself ... but I rather to have sensible people in my group. I will VERY glad if majority 80% losers will not be in my group. HONEST. Dealing with human is too difficult for a non-salesman with bad PR ... I will say bad words and even scold some members for asking stupid questions! Yes ... I only wish to teach those who wish to learn ... as I do BELIEVE there are still some sensible and honest real newbies who are losing money, feeling lost ... and need a good mentor to help them out the losing groups. That will takes lots of effort from OURSELVES.
Did you see me promoting GREED or FEAR? Yes ... who will want to join me when I keep talking about RISK, right? They want to hear profits!
FS : N worst of all punting for makan money? that is definitely a NO NO. u know most here always wants the easiest way to make all the $$$ - the hot flavor or the day, the next 10 bagger n u seriously think makan money or learning from novice will get them to u?
TEH : WHO doesn't want the easiest way of earning money. WAKE UP, ever retailers. Do not be suckers!! Learning take YEARS ... and anything easy is NOT TRUE. Again .. I need someone to use BRAIN. Got or not? No ... do not learn from me as I m a novice. Go to those selling you HOT STOCKS ... telling you they gain 20-30% in shortest period of time. Please go to those salesman ... pay RM3k or RM5k or RM10k to join those sure-win tips ... and yes, remember to get rich. Let me be ... and helping those few logical ones, believing trading is difficult. How about those forex-talk ... onlky for today, RM5k (worth RM25) ... and you will learn how to trade forex and earn back RM5k in days? Hey ... those are BS promoters leh ... and be VERY careful, MANY are out there ... writing free blogs, giving free tips ... using Facebook to create sure-win groups. THINK ... and yes, one day ... when senses get to you(market will crash one day, anyway) ... perhaps, I m still around to help many?
FS : So I suggest to u no more riding kapchai n wearing slippers seeing your prospective traturtles or when giving classes thinking ah pek style will prove your sincerity,but IMAGE n IMAGE is important so Please go get a nice suit & tie n put on some Alain de Lon Shoes n please change your still learning Novice n BEAR with me thingy la. Disclaimer is Fine but all the Bear n animals got to go. U have to be something like 'Any investment will have risk or losses'. or/and 'Learn to Be a Better trader for a better future' Show them your annualized gains since u turned pro - people like good successful person/story before they put their $$$ into u.
TEH : No .. I m not proving my sincerity to teach. I do not need to. For your information, that was my personal comfortable look. I started with that ... now, I do wear nice T-shirt which my wife shops for me ... and I m wearing nice shoes. Haha .. yeah ... an improvement in my look leh. Not bad, right? I will NEVER wear a suit or tie. That is for SALESMAN. I am a trader and a teacher. I think a decent nice jeans-tee is good enough. Yes .. bear with me for another 3-5 years while I will still struggle to learn to get out of novice level. ONLY ME .. only I could promote myself. Not thru any judgment from others.
Successful stories .. haha ... am I successful? I do not think so ... with me 20% in my trading journey? Yes ... 20% as there are so much more to learn and experience. So ... do bear with me for another 5years ... will you still follow my blog in 3-5 years time? I am going to reactivate my www.tratles.net next year as I just quit my full-time job last July. I do hope to find more time to blog ... to post some stock analysis and perhaps ... heck, I might be known by few sensible newbies. Those want to get-rich-quick .. buy today, up tmr mentality ... DO NOT contact me. You will be disappointed as I don't believe in such sifu/guru/trainers. I am also a non-believer in softwares .. which so hotly promoted and people buying into those stories.
FS : I hope u dun mind me pointing out these to u coz when I started to come here few years back u makes the most sense in not punting speculative stocks n still do but u seriously need a make over. I know u blah3 n dun care much but u're blahing here also hoping to get some students correct or not so IMAGE is very important - for me I want to learn from the very best not some still learning bear with me novice so take the bull by it's horn n tell your future traturtles or let them know u're the BEST of the rest. n that being professional then only people will take us seriously. good luck to u :)
TEH : I m still in a position that as newbies we should not punt into those pump-n-dump counters. I have not changed. I am NO longer a newbie ... I m a trader now, no longer have a full-time clock-in job ... so, if I seen any opportunity, I will trade. No ... you are wrong to say my blah-blah is to get students. Haha ... I wrote my blah-blah blog since 2008 ... in fact, I blah-blah in in blogs for 15 years now ... yes, way before BlogSpot was born ... we have blogsome, Xanga ... then ... way back, we have create-your-own-website by yahoo ... and way way back then, I was blogging in a Canadian website(lure by my chess-mate .. I played Yahoo chess everyday back then).
So ... my blah-blah is for my pleasure viewing ... tho I seldom re-read my own posts. I dislike the attention thrown to me ... but about 2 years ago, someone kindly reminded me as a public-figure now. Serious?? What is that?
This is one of the three interviews I have obliged to. I am a stock-trader. I do not need to dress coat to tell you how the MACD works. I do not believe in driving a Merz and told you BS story such as I profited RM1mil from trading Gamuda-wd and still promoting how good the software works. I do not need to work at night ... telling people to come to my workshop, and use i3 or whatever platform to mid-lead others. Serious biz-man will consider that ... I am not a serious biz-man or sales-person. Ask anyone knew me in person. I helped many ... shake their brains and telling them FACT about HOW I lost money ... and how many of us will lose money being a sucker. That is reality. And yes, I lost many times .. lost many trades ... lost a lot of my money.
And thanks ... I do appreciate your pointers. I do hope I have partially answered some of your questions or clearing some of your doubt. Oh yes, I am changing my good old kapcai to Kawasaki VERSys(about RM35k) ... and I do like bikes, not cars.
Frank, as I told you in my reply to your e-mail ... this is not my main biz, blogging is my pleasure and hobby. Trading workshop, if any ... is a pleasure for me to be able to share my trading system with FEW sensible humans. NO ... I do not want to have those big-crowds and earning money thru teaching trading, yet all those BS promotion talks, if u know what I mean. I want to be MYSELF ... a real me, learning to trade and teaching them HOW I started ... and what pitfalls to look for, what resources we could share and gather ... guide them even after my workshop, dedicatedly have e-meeting with them (LOL ... I am practically have e-meeting few times a week now. haha ... and it is free ... because I enjoyed it). So ... I know you concern of me ... blowing of my own reputation, to be a trainer in trading. I am not bothered as ... only sensible people who want to learn from a real trader, such as me ... will appreciate my treaching, anyway. MAJORITY of them want to learn it fast, learn it quick ... just tell me what to buy and sell so that I can be RICH. Haha ... no thank you, I want these gamblers not to join me ... join many of those advertising that they profit 20-50% in days/weeks. My toes are laughing ... haha ... and I want to cry too, due to my stupidity ... I didn't get into their sucker game?
MANY out their want to suck us in with their FEW thousands dollars of trading course, and promoting ridiculous profits. Ridiculous money ... teaching people to use software to trade for few thousands and with a class of 20-30 suckers, the trainer who is selling software is getting RM60k for a session. Those attended ... err ... got learn anything or not? Can be better traders after a day talk ... or 2-3 days course ar? You want the notes? What ... studying notes can be good traders? If they are THAT good(which I am not... sorry la, I m still the ah-pek you knew 2-3 years ago in i3-forum), the BANKS will be asking them to work for them or buy THAT software for millions, ok? Got brain to think, right? Got?? sure ....?? no ... many more suck in to pay those thousands ... believing they could earn back their "investment" and many many more newbies coming into markets ... believing they will profit or even get rich.
Let the nature takes it cause ... as in the end of the day, it is our own money we have to protect. Do not blame the promoter/salesman ... it is their job. They are just working for their company. Maybe, one day ... if I open my own biz in trading ... say, Tratle.net Sdn Bhd, I will have to employ sweet young faces and energetic youngsters to promote my courses or services, right? Till then .. I am still very much a teacher ...
do come for my e-meeting next week Wednesday(free ... apa lagi mau? ... you think my time is free ar? feel guilty yet .. then, donate to the charity, can ar?) ... as I will repeat the "7 stocks we should NOT be buying" if we are newbies.
Note : ONLY for newbies and sensible human. NOT a stock pick and any stock mentioned is for education purposes ... or for pleasure blah-blahing purpose.
Promotion : Join my stock-watch to check on my trades. I do have free weekly e-meeting new year onwards. It will be GST free too. Hmm ... join the ah-pek way of learning technical-analysis as I will be having my cohort-14 NEXT SAT/SUN (23rd and 24th ) ... for more information, contact me at cpteh@yahoo.com
Thanks
Phew!! Getting back to KLCI ... in red minus 4 now
TEH
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Discussions
Be the first to like this. Showing 26 of 26 comments
If one can make a living off stock marts, they don't have to sell courses or regularly organise paid talks.
People like Bogle and Buffett, help others by selling their methods and knowledge by selling us their books. I learnt of marts the most from the book Reminiscence Of A Stock Operator.
2014-11-15 11:11
Yeah good response to The FS barger LOL maybe he too watch The wolf of wall street n getting all the colorful potty language from there :)
Jokes aside I think I owe Teacher (Cp) an apology for my inappropriate salt n pepper language on my earlier comments. To be honest he is one of the very few people that I have high respect in sharing his knowledge n his constant warnings to newbies about the danger in punting speculative stocks. In fact I got to 'know' him since 2012 or late 2011 when he was replying to one KNM brave heart about wat a shittie share it was n that if continue keeping not only stuck but 'opportunity lost' in other better FA shares through the gains so after I cut KNM took the $$$ n bought some good FA shares n recovered all my losses n some gains n am grateful for that for his sharing.
The reason I post the comment was At that time, I felt it was not a right thing to do as in trading both MMSV ( tho a share that I hold but will never encourage anyone to buy since the surged to above 60s) n MyEg both at all time high n the very high risk was there as market was bearish so I thought it was juz a tad irresponsible becoz he is an expert trader n can get out easily while as most knows many here are always looking for the next hot flavor of the day n will be trapped following him n knowing the reality here when the free loaders win will be like wah you're damn good la, really sifu la , god la but when they lost all kind of cursing also out as if the condemn person is the shithead of the highest order LOL. for a person that I respected much all along it will not be good for him. must be one of the time that I was too free to sibuk LOL
Anyway,long story short He contacted me thru email n share his side of story n also asked me permission to publish my criticism so that he can response accordingly ( which he does not need to but it's nice of him ) n thru our exchange of mails he is wat he is - a simple man who remember his roots n the people who helped him along the way, learn hard and work hard to be where he is now,never take things for granted , continuously helping the less fortunate (orphaned) n passionate in educating the ignorant. So though I told him I'm kinda emotional at times LOL n apologized to him still I believe a formal apology here where it all started should be the right thing to do therefor Cikgu CP Teh I'm SORRY for my overboard criticism n wish you nothing but the very best in all you do and Thank You for continuously unselfishly posting many good articles n experiences in the forum to educate many and I have taken some advice n be a way better investor now than when I first started :)
2014-11-16 06:04
KC - good morning. I am in total agreement with you. It takes tons of courage and guts for one to apologize, what more in a public forum. I salute you, Frank.
2014-11-16 11:57
LOL thanks Kc for the kind words. The truth is he (CP )is the first one that I come across after the debacle of KNM, reading his articles n started learning a bit on investment instead of relying only on analyst reports n then got to know kcLoh n finally U n much of my success investing in the last few years is learning from yall thru the combination of picking good stocks, making effort to learn about the company n avoding lemons like u always mentioned :) . I followed Cp mostly on basic logic as I'm mostly FA investor n dun have the time nor knowledge to trade frequently so most of my pickings are always long term though at times I tikam for short term LOL
Anyway,my sincere thanks n appreciation to all 3 of u for always unselfishly taking the time to share n educate all n me of course (who has benefitted tremendously LOL) as well :)
2014-11-17 02:03
Thanks Invest88 for the kind words - you're a always a good friend and one of the very few good people here :)
2014-11-17 02:06
Posted by fortunebullz > Nov 16, 2014 04:02 PM | Report Abuse
Both don't know what their talking about! Myeg and MMSV are two stocks that I promoted as rm1 profit margin! And I was right! Yes! CpTeh is right to trade but I think he don't know what these 2 stocks represent at all! When you deal with high beta or high growth stocks, you also must know how to trade! If you know and understand hence the entry and exit points!
Posted by fortunebullz > Nov 16, 2014 04:06 PM | Report Abuse
Piece of advise to both! These 2 stocks are still plenty of room for upside but at the same time plenty of correction along the way! You can't trade few weeks or days and make your assumptions! These require patience for low and patience to sell at high and at both ends may not be so easy to predict! Don't treat this 2 stocks like other mediocre stocks!
Haha fortunebullz – u’re very funny :)– I might not know wat I’m talking about but these 2 shares sure does makes me lots of $$$ more than u can ever dream of (very likely )LOL – I can’t speak for Cp n if not mistaken he does pretty well too on both.
Let me share with u a short story – When I lost heavily in KNM n after listening to Cp’s advice I cut KNM n invested in 3 stocks – more like load it up as I’ve already have these n Myeg was one of them – I had my eg at 60+ ave cents yes 60+ n when it dropped to 50s I bought more n when it flew to 90s I did sold some but when it dropped back to 60s I bought more but then after it kept rising n unfortunately sold 2/3 of it juz a tad below .90 2nd round but kept the other 1/3 slowly disposing until 3.00. I love the business but was not comfortable with the high PE n also crony linked n at one time they had to come out with the hugh capex for the Custom thingy so I disposed it all – big mistake - but I definitely made way more than your 1 buck margin LOL not trying to be bragging but u might want to put a few more zeros after your 1 bucks margin :) U can see some of my earlier postings there though I was not very active that much - way before you discover the 1 buck margin on this share :)if not for myeg I’ll probably will not have the chance to share my KNM losses :)
On MMSV I think if you’re honest enough u spotted it on the Star article same like I did but I only bought at the low 30s becoz I was wary – it is Ace counter,juz turn around n not sure whether it is sustainable n it’s not helping when there’s no analyst covering. I traded many times n bought more after the good results n also the sell down n of course I did sell some but again still seeing whether it is sustainable to keep for longer term. If I’m not mistaken u’ve sold around 30s to 40s range n changed to Elsoft - yeah it might not have your 1.00 margin even if u still keeping it unless the next few quarters can show spectacular growth n profits which I doubt it but u still do not have even 50 cents margin n u chabuted LOL definitely not trying to brag here again LOL but my cost of MMSV now is @ 9 cents – yes a dedication to Kingston1 fav number n if I were to tell u how much I pocketed from the earlier sales n how much I’m still holding u’ll probably foam in your mouth,pening,pengsan n jump off the building LOL
Still I might not know wat I’m talking about but the fortune sure bull on these 2 stocks n I thank the fortunebull (without the Z :) )God n if you’re wondering whether I’m being sarcastic n taking a dig at u – oh YES LOL n it does give me great satisfaction when things turns out really well despite the weak bearish market LOL
oh by the way thanks for your advice - buy My eg @ 4.30 instead of 60+cents if I were to follow it I definitely will not be where I am today LOL not saying that myeg is not good - it is and I honestly believe it still has upside coz of their almost monopoly business n mgmt being very innovative but it’ is far more riskier for me now than when the prices was lower - way lower :)
n u’re right that I’m a lousy trader coz if I were to keep Myeg till now it’ll probably be a top end of 6 figures gain :( - wat to do I’m juz an old fashioned buy n hold guy but when making so much of 1 dollar margins juz dun want to be greedy lo err TOO greedy lo haha but nevertheless thanks anyway for making my day with your funnies at your expense LOL
p/s wat do u think I think of them - Gems or Germs LOL
2014-11-17 04:35
Frank, I love your post just above. Congrats of your realization of multi Ringgit profit on Myeg, instead of just dreaming about RM1 profit margin. Golf on you next year in US.
The tribal wisdom of the Dakota Indians, passed on from one generation to the next, says that when you discover you are riding a dead horse, the best strategy is to dismount.
You have dismounted from the dead horse and riding on a galloping stallion.
2014-11-17 12:39
LOL Kc No millions la not even 1 but if I were to kept it n not sold a single unit of Myeg yes it (the profits) will run to juz a tad below 1 Mil. the key word is IF ( i'm still holding at present price LOL ) wish I'm that rich LOL.
but hey if you're by any chance visiting here for holidays extend a week for golfing - u know I will definitely 'pau' your golf activities LOL (it's juz a small token of appreciation from all your guidance la ) - heck dun even need to bring any equipments - plenty here LOL
thanks for the tribe quote - I always remember that :)- n also the 'stop digging if you're in a hole' LOL
I'm still very far away in terms of knowledge of mastering the FAs n was only lucky to have spotted some good shares n taking yall advice and my friends will be the first to tell u that I'm really a lousy trader - This one the bullz got it right LOL - every time I buy (at least) initially it will drop like wise when after I sell it will rise LOL but in the longer terms I usually do well but the sad thing is I've not much interest ( not passionate enough LOL ) - juz that I forced my self to learn some basics as my portfolio was getting a little bigger n after the debacle of KNM if I were to continue to be ignorant I'll probably be homeless now LOL
Anyway,seriously no joke pls contact me if you're in the East Coast here - of course late summer will be the best time n we will golf til u drop LOL :)
2014-11-18 02:45
fortunebullz – humble- REALLY? LOL humble people will not go everywhere n shout - hey I discovered this first - After the price surged, 1 dollar margin la, n definitely will not put people down without even knowing the person - like - u dun know wat u talking about la - some more wan to give piece of advice LOL
oh by the way your MMSv posting of the sale n moving on also deleted? wat happened? u worried people know u sold too early ah LOL
anyway it's o.k la u juz wan to have your 15 minutes fame n this is a free public forum afterall - I have no problem with that but probably not good for u to give others especially ME your RM 1 advice unless you're a REAL Sifu like the 2 kcs or cp or even OTB :) or at least good at something other than shouting here n there LOL
psss I share a secret tip with u hor but dun tell anyone - there's a report posted in the star by TKW stated that Mr Sia (MMSV MD) said hor this year growth n profits will be double than last year n that next year will be busy early instead of slow period hor - dunno whether can trust the fella or not LOL but maybe u might want to jump back in for your 1 dollar profit margin LOL but disclaimer ha u no get one dollar u no blame me hor juz like u no need to thank me if u do too :) sharing is caring ma :)
2014-11-18 03:02
bro Fortunebullz has a long track record of deleting all the untimely post. ie. predicting market will melt. and when market/stock go in opposite direction as he predicted, he will delete it in lightning speed. caught him countless time, now i make a copy of what he posted so that he cannot cheat anymore.
fyi, he has predicted global stock market crash for not less than 24 times in the last 12 months. almost all evidence has been destroyed.
2014-11-18 03:21
Posted by fortunebullz > Nov 17, 2014 12:56 PM | Report Abuse
Frank, I thought you sold at 1.71! I read from you post in Myeg
haha I'm juz a ikan bilis - no need to KEEP updating every time I sold LOL n especially no need to REMIND PEEple how low I bought unless of course PEEple tell me i dunno wat i'm talking about n hopefully I do know wat i'm talking about to show the PEEple LOL
but if you give me your email i'll be more than happy to share with you my buy/sales contract :) but juz as reference upon rechecking the lowest I bought was .475 in oct 14 2009 n mostly ave .60 n bloody hell at one time had 20k paper losses too when it dropped to the 50s :( but sold 2/3 when it moved up again below 90s :( but the highest I sold was 2.91 not 3 - sorry about that - too many stocks - hard to keep up LOL - n every time I sold along the way it went up until all gone - kapish no mas LOL
Anyway, Myeg is a good share - well managed with sort of like monopoly n certainly well connected but it's a bit pricey for me now but then again wat do I know LOL
2014-11-18 03:31
Posted by OptimusM > Nov 18, 2014 03:21 AM | Report Abuse
bro Fortunebullz has a long track record of deleting all the untimely post. ie. predicting market will melt. and when market/stock go in opposite direction as he predicted, he will delete it in lightning speed. caught him countless time, now i make a copy of what he posted so that he cannot cheat anymore.
fyi, he has predicted global stock market crash for not less than 24 times in the last 12 months. almost all evidence has been destroyed.
Funny but it's true - I think I remember that well LOL -
2014-11-18 03:33
Posted by Frank Soweto > Nov 18, 2014 03:02 AM | Report Abuse
Frank, I would rank your above post as one of the best rebuttals. Well done!
I also like your this statement below:
"I'm still very far away in terms of knowledge of mastering the FAs n was only lucky to have spotted some good shares n taking yall advice and my friends will be the first to tell u that I'm really a lousy trader - This one the bullz got it right LOL - every time I buy (at least) initially it will drop like wise when after I sell it will rise LOL but in the longer terms I usually do well but the sad thing is I've not much interest ( not passionate enough LOL ) - juz that I forced my self to learn some basics as my portfolio was getting a little bigger n after the debacle of KNM if I were to continue to be ignorant I'll probably be homeless now LOL"
It is indisputable that you are a good investor yourself; disembarking from a dead horse and rode on a galloping stallion. Seriously you are much better investors than many of us. And most of all you don't go and brag around. You have never mentioned about your MyEg and how much you gained from it until you were so provoked.
Tell you a secrete. As you know I am a value investor, suffer the same fate as you in investing. Every time I bought something which I think is way undervalued and has a large margin of safety, It went down further, 5%, 10%. And I could never sell my winning stock even close to 20% of its peak. But one thing, I seldom, and very rarely get caught in rubbish stocks. And another thing, most of the time, even though I suffer short-term pain, I enjoy long term happiness, at least so far so good.
That is the essence of investing, lose little, I know of nobody who has never lost in some investments except some from i3investors who claimed they have never, and (hopefully) win big. Good on you.
2014-11-18 11:23
Frank,
You found a good FA sifu. To me, I learn most of my FA from this good sifu (KC Chong). I really appreciate his excellent FA knowledge. I know many of them, I rank he is the best among all (Best of Best).
Thank you KC Chong again.
2014-11-18 11:45
OTB,
Thanks for your kind words. I feel elated from kind comments from a respected person like you. But seriously you are good in your own field.
Just yesterday a student of mine who is a i3investor active forumer asked me how is OTB? Is he good? I told him, he got a number of multi-baggers calls as far as I know. So what do you think?
We better don't praise each other here as it creates misunderstanding.
Thanks for your kind words again. Can I use them for marketing purpose?
2014-11-18 12:05
haha kc you're being too complimentary :) I rather share my losses especially in KNM to remind myself not to repeat again n hopefully so no one follow my mistake than my gains as I've been there n know about the lost that wiped off a big chunk of my capital n the depression that follows.
Besides here in i3 there's so many 'winners' who made lorry loads, 1 dollar margins etc LOL - how to compare to them with my puny tiny gains besides I really know nothing LOL
My mom taught me this in canto - yan pei yan pei sei yan LOL. she said that if u think u're smart there's millions that smarter than u likewise if u think u're poor but have a roof under your head there's also millions who are homeless so be humble n grateful LOL
she also said in life u will come across bad people,good people n in between - avoid the bad, mix with the in between but spend as much time as u can with the good especially the smarter ones n learn from them n do not forget to show your appreciation LOL. but one thing I'm pretty good at - at least I want to boast here coz it's the only one LOL - I think I can tell who are the real deal n the half past six ones
LOL n my results has proven it n really it's not easy when u're so lost after losing so much money n when I first came here I look for the smart ones n hopefully they're good as in being helpful LOL once I found first cp,kcloh n then u like they said it's history LOL
of course much more to learn but slowly getting better but I'm juz grateful n thankful that I learn from the very best - still no match for those lorry loads n dollar margin gain ones YET LOL
thanks for sharing your story kc about your investment :) You're truly one of the rare few honest n yet so humble n I wish you nothing but the very best in health n wealth for many many years to come and like I told u many times if you're in this part of the world please give me a buzz so I can arrange some golfing sessions :)
2014-11-19 02:39
Yeah mr Ooi I 110% agree with you. I call him the wise one LOL . Kc is the best n yet so humble but best of all he is also unselfishly sharing here taking a lot of his valuable time from his golfing activities LOL. He even willing to teach but many however only interested in tips on the next hot stock - the one that can fly immediately LOL n not wanting to learn :(
You’re great too despite pretty well versed in TA n FA yourself but also humble in appreciating the fact that Kc helped u :) I still remembered u advised yungsheng1 not to touch KNM some years back n u being one of the better TA traders still will not touch those longkang shares LOL
cheers Mr Ooi – pls keep up the good work in sharing n may u be rewarded in health n wealth always :)
2014-11-19 02:51
Posted by fortunebullz > Nov 18, 2014 11:27 AM | Report Abuse
Frank! How's mudahjaya! Younstill keeping!
Aiya fortunebullz not only mudajatuh, I also got scam me (scomi),mbl,cenbond,bimb,sbc LOL that are showing paper losses too n all the losses combine will also not even come close to wat I LOST in KNM alone :(
Despite some that gives good divvy but nevertheless still losses right. I’m lucky in the sense tat I can hold but then again you have teacher’s lost opportunity cost involved but these are small to ave holdings and some are good company but the price I went in obviously not so good LOL Some poorly managed ones like Scomi n jatuh, I will learn from tat lo – u already mentioned that I dunno much mah so dun expect me to have all gains in every stocks I hold let alone 1 dollar gains :)
with the exception of mudajatuh who will likely report another poor qtr result I see the rest at decent price for stability – of course can also fall la – nothing is certain. wat to do i'm juz a small ikan bilis investor who dunno much mah unlike u who found so many 1 dollar margin gains - that is why I learn from people like the 2 kc lo LOL
u know I share one funny story with u LOL u see TTB of icap (one of our best local fund manager? )who waited for so many years to time the market becoz to him our local market is expensive n missed out on so many gains but invested recently in Scomi much higher than my entry cost haha so how? - I must be smarter than him? – of course not la. But u see the point here - Even the successful ones also will have losses but if you have 7 out of 10 stocks that can give you winnings I think it’s pretty good la n especially coming from someone who supposedly dunno wat he is taking about n receiving 1 dollar margin gain advice from the fortunebullz that is even better la LOL
O.k la fortunebullz – I think we’re also civilize people – u might have deleted your post but it did show up on my mail hence my reply above n I have no desire to mock u further so after this I will stop n hope that myeg will reward u well in the future. I still think it’s a very good company even though I’m not holding it anymore :)
2014-11-19 03:14
Frank - on Mudajatuh. Agree it has not been doing well of late due to its uncertain business in India, probably. But understand some foreign investors had bought some stakes in it recently. I am looking forward to a longer term. Just my opinion. And do give a whisper when you are here. Cheers !
2014-11-19 20:46
hey Invest88 thanks for your opinion - yep you're right that the delay in India is one of the reason the price is weak, also that they have not win any substantial contracts to replenish their depleting orderbook. and yes some funds from US/Canadian based managed by an Indian national is buying - hopefully they know something LOL but another neg also Mr Ng substantial shareholder I think with over 20% is selling frequently so with all the neg dun think this will go anywhere. Long term it is LOL. Sure will invest88 will be my pleasure to meet u :) thanks always :)
2014-11-20 04:45
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2014-11-13 20:13