My Trading Adventure
DOW minus 258 points
CP TEH
Publish date: Wed, 14 Sep 2016, 08:26 AM
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 ... DOW minus 258 points ... expect another BEAR-DAY.
had an e-meeting (4th for the month of Sept) to talk about CUT LOSS. Taking it to another level by asking question : WHY majority will be stuck when markets crash?
It is a serious question to ponder as many ALREADY stuck up there with many stocks (O&G counters, properties-stocks, speculative stocks, etc etc) ... check YOUR own portfolio to see if there are many stocks you STILL hoping it could recover? Chances are ... slim.
had an e-meeting (4th for the month of Sept) to talk about CUT LOSS. Taking it to another level by asking question : WHY majority will be stuck when markets crash?
It is a serious question to ponder as many ALREADY stuck up there with many stocks (O&G counters, properties-stocks, speculative stocks, etc etc) ... check YOUR own portfolio to see if there are many stocks you STILL hoping it could recover? Chances are ... slim.
UliCorp : Dived 30% in a week ... these could happen to many stocks during crash ... or just exit of some funds.
And I guess many could relate to these. Do you understand WHY so many of us stuck UP there? Many will STUCK like crazy inside the steel-counters ... once the rally over.
ok ... tmr I m going for yearly break at Sepang Goldcoast.
I m a member there ... so, for those wish to book it (I shall give 30% discount), contact me ... do give few weeks in advance for reservation.
Yes ... I like beaches ... I like the sunset ... and seafood.
The time is just right ... as I m not trading (shorted FKLI overnight) and in cash position.
So ... I m going to be lazy at home today, reading about market-crash!! Wait till the waterfalls formed ... do not catch knives.
Have a nice day!!
TEH
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Discussions
Be the first to like this. Showing 10 of 10 comments
There is NO CRASH,
Dow jones pullback is within the corrections stated in my blog.......
2016-09-14 11:52
Dont simply say get stuck with steel counter. I guess you have no idea what exactly is going on in the steel industry. Anti-dumping imposition and shut down of megasteel are the game changers. Plz do some due diligence before you write smth :)
2016-09-15 08:26
I already heard about MARKET CRASH since last 2 years ago.. But until now a lot of peopæe including me still making money.. Where is the CRASH? We cannot simply say MARKET CRASH.. Nowadays we cannot predict when the market will crash.. But just be prepared and ready to face any circumstances
2016-09-15 08:44
Cpteh is living in the future. He has nothing good to talk at present. Will he really enjoy by the time the market crash? He doesn't know how to enjoy in the present moment.
2016-09-15 09:20
What crash? People who bought Padini, Dlady, Aji, AAsia, HAIO, TGuan, Scientx, Cscenic, Magni, SAM, Panamy, etc, etc all make money since last year or two when oil and ringgit crashed. It is WHAT you buy that is important.
2016-09-15 09:37
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market crash . stock market up a lot sure to come down.Now n then shouting market crash to be right one day.We are waiting to die one day as we are born to die but WE WONT KEEP ON TELLING PEOPLE WE ARE GOING TO DIE.
2016-09-14 09:33