My Trading Adventure
e-meeting on cut Loss : Shipping
CP TEH
Publish date: Fri, 02 Sep 2016, 04:39 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.
3.15pm : Just finished two classes ... KLCI flat at 1671.
I was sharing with my trading group the importance of CUT LOSS. Using shipping counters to show them ... lets check them out.
MHB is one heavy-weight to show. Trading @ RM1 today, IPO-ed at RM3.61 level ... hit high above RM8 plus and was KLCI-index linked counters. Born in 2010, out of mommy MISC.
For those still HOLDING ... can ask yourself .. WHY?
We could blame it on crash of oil-prices ... or the collapse of the whole industry. We could blame on the remisiers or whoever recommended us to buy into MHB at whatever price .. blame it on luck. But ... is that constructive? How about learning to take RESPONSIBILITIES ... and blame ourselves for a change?
Our ignorance ... do not know how to CUT LOSS. How about coming to me blah-blah e-meeting where I will drum you with CUT LOSS stories? Really ... think for a while. MANY STUCK INSIDE these and O&G counters ... oil-price collapse ... do we really know WHY? Shale-gas is being blamed (scape goat) ... IRAN took the blame too ...
WHY no many talk about ECONOMIES globally are NOT good? Why give face to governments?
Check Maybulk ... down trending, trading around 70plus cents today. If we caught at RM1.50, we are half-priced now ... and needs 100% appreciation of price to break-even, right? So .. CUT LOSS is logical?
Hubline : Game over ... cheap becoming cheaper. I knew of someone told me he bought at 3cents as it is CHEAP? I asked him to change his mindset when he came for my trading workshop. Didn't hear from him since then ... don't know if he has CUT LOSS as I taught all that. Painful lessons for newbies and punters ...
There ... another e-meeting tonight to blah-blah about CUT LOSS.
Please join my meeting, Friday, 2 September, 2016 at 9:30 PM
https://global.gotomeeting.com/join/453040893
Meeting ID: 453-040-893
Not at your computer? Click the link to join this meeting from your iPhone®, iPad®, Android® or Windows Phone® device via the GoToMeeting app.
Time to run ... to jog, I mean.
TEH
More articles on My Trading Adventure
Discussions
Be the first to like this. Showing 15 of 15 comments
I will organize an e-meeting about waterfall selection. Ask ur Taiwanese whether interested to visit our waterfall and eat keropok or not?
Let me know fast. Cohort 1.1 now
2016-09-02 17:41
Come come all r welcome to talk cock talk crash talk cut loss...i can sponsor chicken n roti canai...but no tuition fee rm100 per hour...
2016-09-02 17:44
how come all e-meetings focus only on cut loss and never BUY / LONG trading strategy ?? :)
2016-09-02 17:44
Coz cpteh hardly make money from his 8 years journey in stock mkt...safer to talk cut loss basing on historical charts...can never b wrong...
2016-09-02 17:46
Abangadik
Don't deny. U play share until owe TNB big sum lagi Mau tipu?
Ur name "abandadik" already published on KLIA immigration board.. Tis time u die Liao... Cannot go oversea not even langkawi..
Cipat vipat pay ur TNB
2016-09-02 17:47
At least he managed to make some money from teaching newbies though he himself unable to make money fm stock mkt
2016-09-02 17:48
Westimre..
Don't reject too fast. I can give Taiwanese brochures.. Catalogue also can.. Really nice to taste keropok + manja brand sambal di tepi waterfall...
Pls consider again. I beg you
2016-09-02 17:51
Westimee..
Free lunch Mang Zhang Kuih available.
Taiwainese free lunch like Oyster mee sua and pearl milk cant sponsor la...sorry my bad
2016-09-02 17:53
okay duit .. i want to attend your cohort 1.1 to learn niagara falls pick with V shape rally like evergreen / topglove and what-nots !
2016-09-02 17:57
Connie jie jie
Topglov is typical k-line 45 deg... U knew it. Cap at RM4.62 is normal.
2016-09-02 18:02
don't deny the importance of cutting loss but perhaps it's time for a more sophisticated topic on RISK MANAGEMENT that also teaches position sizing besides loss cutting etc etc :)
2016-09-02 18:11
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
Koon Yew Yin's Blog
2
https://dividendguy67.blogspot.com
3
4
5
6
save malaysia!
7
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
murali
Lol....lets c who's stamina is better....cpteh or westimee...
2016-09-02 17:40