My Trading Adventure
Trading or Punting?
CP TEH
Publish date: Thu, 07 May 2015, 12:14 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.
Penta : Bought at 60.5cents, hitting my 20MA at 65cents for me to sell. Thanks.
I am changing into focus ... and less trading, buy in larger portions and sell for profits. For cut-loss, take it small ... just cut-loss before it bleeds more.
This is something a newbie in trading can learn ... let your profits run till it hit your target, cut-loss short if it breaks the support. Majority in market could not understand that trading is very difficult.
especially if we are trading penny-stocks.
I have many came in my group, and shown me their losing portfolio. Many have few common goring-stocks such as Sumatec, Iris and such ... you name it, those very hot-stocks. But as they do not cut-loss ... now they are stuck with these rubbish-stocks.
This is the latest addition to their long losing list ... VSolar. This pump-n-dump counter is being played and to attract greedy ignorant traders to punt into her. Happy when huge profit ... then now sad as they didn't take profit, it came lower ... they average it down ... and now huge funds stuck inside there.
Then .. some of those dealers/remisiers ... taking the opportunity to ask their clients to buy, never help them to exit.
And some so-called sifu will be coming out to claim they profit 100% (remembered someone boasting he profited 100% from Wintoni and wonder what happened now?) ... or some in forums yelling they profited 100-300% from these.
Those silent readers ... quietly they will buy. Greed taking over their heads ... and they have bad experiences before, but emotion in control. Another time ... and another ... ini kali-la, they said. It never occur to them that it is silly to blindly punting into empty-rubbish counters as many speculating. It never hit their brain(something inside their skulls) that trading is a long learning process, with painful experiences to learn.
www.tratles.net : Done some renovation for my new home ... and will continue this post there.
Visit me there ... for discussion on stocks. This will be used to keep my adventure in trading.
TEH
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Discussions
Be the first to like this. Showing 17 of 17 comments
When made few cents profit tell everybody....when lose money diam diam....anyway I think he make more from teaching newbies or water fish to trade rather than trading by himself
2015-05-07 13:03
Used to make 8-9 gain from 10 trades....but still cannot cover his loss when he lost 1-2 trades
2015-05-07 13:05
penta at 0.65 till now only done 27k shares , you sure or not is yours q that done ? wanna see something not ? another talk cock fellow in i3
2015-05-07 13:07
always pop out and claim bought this bought that at much lower price but with no concrete evidence , is it the right way to do so by boosting ?
2015-05-07 13:12
Penta had a good fundamental now. From many debts to net cash. Profit getting stable and great. I would prefer to keep it for long term.
2015-05-07 13:58
He only has 5 years experiences in stock trading,
but dare to hold meeting teach people trading.
He even charges for joining his group.
2015-05-07 14:06
I think he used to be a lecturer and now a tutor. He thought he could teach people how to trade as well....just as to diversify his earning base
2015-05-07 14:30
If cpteh is so good in trading, no need to run workshop to earn fees. He reminds me of Milan dosai, Gavin tee, Michael tan, azizi and others "gurus" claimed to help people earn money. Ever heard warren buffet run class to teach people buy stocks? If I am so good in trading, I will make money for myself. Why bother to teach others? YOU MAKE MONEY BY TEACHING OTHERS HOW TO MAKE MONEY???
2015-05-10 00:35
Cp always believes that there will still be sohai out there trust and listen to him. They are naive and easily brain washed. The so called newbies/novices. Pls continue to pay and believe in Cp as he is a self-proclaimed stock guru with 5 years of investing experience and doing it full time too. I pity her wife has to support the family when he made losses most of the time. With his tiny profits boasted, one will believe he is the best guru you can learn from. He earns more charging fees than his profits made in bursa.
2015-05-10 13:02
Hehehehe .. Betul ka talk apatu that day 0.65 only done 27k shares ?your ticket kena makan si bo at 0.65 .. Actually gua ada q also but tak jadi and nextday sell tinggi sikut .. if so then u r not talk apatu la .. BTW .. May I suggest u change your id to talk apatu ... Hahahaha .. Cause your current id a bit apatu la.. Cari pasai sikit la .. Hahahahahhahhaaaa
2015-05-10 17:55
:)
" Posted by tjhldg > May 10, 2015 05:55 PM | Report Abuse
Hehehehe .. Betul ka talk apatu that day 0.65 only done 27k shares ?your ticket kena makan si bo at 0.65 .. Actually gua ada q also but tak jadi and nextday sell tinggi sikut .. if so then u r not talk apatu la .. BTW .. May I suggest u change your id to talk apatu ... Hahahaha .. Cause your current id a bit apatu la.. Cari pasai sikit la .. Hahahahahhahhaaaa
"
2015-07-04 17:43
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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"I am changing into focus ... and less trading, buy in larger portions and sell for profits. For cut-loss, take it small ... just cut-loss before it bleeds more.", says CP Teh.
Why change trading strategy? Previous strategy not successful?
2015-05-07 12:50