My Trading Adventure

Gapped down stocks

CP TEH
Publish date: Sun, 28 Feb 2016, 06:07 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.
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Genetec : Gapped down on Thu and someone told the group about 'selling' by retailers due to bad-reports.


GeShen : Hit Rm1.85 and rebounded above RM2 which is a good sign.


PetronM : running so high-fast ... with speculative news ... and some reports stating they will benefit from the 'low' price of crude oil. Well .. it gapped down ... and closed as top-loser of the day, downed 14% ... will it back to reality?


UMWOG : Bought at RM1.025 level ... shot up ... but didn't hit my target of RM1.12 ... closed with a black candle and I sold all 1.07-1.08. It gapped down the next day due to bad report. Luckily!!



Wellcall : A good company ... but on Friday ... it gapped down. Hit the support RM2.49 and I failed to focus to catch it there. Rebounded to RM2.62, a good price to sell. It formed a nice hammer and worth to watch.

Could we SELL before the gap-down? Hmm ... when market is crashing MANY will gap-down ... will you sell for losses or stuck till recovery? Will it ever recover if we are buying those OVER-VALUED ... very speculative counters?

Think this will trigger some BRAIN cells in many traders/investors.

Remember ... market NOT crash yet but we could not escape these gap-down and those bought higher would have huge paper-loss. What do you think if .... market collapse next month or so?

THINK.

TEH
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Discussions
Be the first to like this. Showing 6 of 6 comments

Kevin Wong

Unlike timers, traders, mart outsmarters...investors and hold forever long termers, see both rallies/crashes as their friend and opportunity. That's why to 'em, ""anytime is a good time to invest"".

Good luck Mr Teh, and to everybody else too!

2016-02-28 19:05

Ezra_Investor

"Could we SELL before the gap-down? Hmm ... when market is crashing MANY will gap-down ... will you sell for losses or stuck till recovery? Will it ever recover if we are buying those OVER-VALUED ... very speculative counters?

Think this will trigger some BRAIN cells in many traders/investors."

==============================================

Typical "Horse After Cannon" bull crap.
How do you know if a stock is OVERVALUE if you only knows purely TA and not FA?
Being proficient in both, I can tell you, chart's don't lie, but they don't tell you if a stock is overvalued. Candlesticks and TA are also not definite signals, just like when you sold all your perabut in previous 2 posts only to find it go even higher the next day.

You can't even differentiate the traits of investor vs trader. A real investors don't simply sell just because a stock is beaten down temporarily. They look at value, and not the price. "Price is what you pay, value is what you get" - Warren Buffett. People like you will never understand what is value vs price.

2016-02-28 21:07

moneySIFU

We don't have investors here but traders.

Many people thought they are long term investors, but when price goes down, everyone want to off load the stocks to CUT LOSS.

So, no investors.

2016-02-29 10:13

enning22

we are all investors , short-term lah,long term ? haha, hard to see the cloudy future
.

2016-02-29 15:55

murali

CPTeh, go to learn FA...infact u should use more FA and compliment with TA...trust me..u can do much better in stock trading and no longer needs to come here to fish some newbies for small fee (or big fee?I dunno)

2016-02-29 16:15

murali

CP, basing on yr postings here, I wonder if yr way trading can make good return (of course our definition of good return could be different...if u think making RM2K-RM3K per month is good lah)

U may take a look on this guy's trading....I think he is doing quite good...most importantly he posted real time (r quite real time lah) info here whenever he buys or sells..unlike u.....

http://klse.i3investor.com/servlets/cube/post/hng33.jsp

2016-02-29 16:24

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