CIMB : bottom 3.60, peak 7.40 (rounding up for easier calculation purposes) so 3.60 + 7.40 = 10.10. So, we divide two = RM5.05

Level 1 : So that is the first level we buy CIMB is around RM5.05.

So what is our next level to average down if it goes lower than RM5?

Level 2 : Take the mid-point of RM3.60 and RM5.05 = RM4.32

Level 3 : 5.05 - 4.32 = 0.73 ... so, next level is 4.32 - 0.73 = RM3.60!! Of coz. that bottom starting point.

Of coz those fundamentalist ... giving us detailed calculations and somehow I do wonder DO THEY really buy into whatever stocks they complicatedly calculated? If they are so great in their calculations ... based on whatever ratios, are they very rich now, right? Why are they conduction classes to teach retailers ... how to calculate those financial ratios? Hmm ... we can learn all those ratios BY OURSELVES thru youtube, websites such as investopedia etc etc ...

Of coz those technical analysts ... will give us all those lines and levels to buy in. They might use Fibo-Retracements for this case ... or what-have-you ... so, I do wonder DO THEY really buy into whatever stocks at that level they have drawn, technically? If so ... why are they busy talking about waves ... or promoting their softwares? Why are they conducting classes to teach waves? We can learn those in through websites and youtubes, right?

Note : I will start to show websites and clips where you can learn for FREE (treat me coffee, ok?). You don't have to spend thousands on learning financial-ratios or technical-charting, ok?

The above I m using CIMB as example ... for an uncle like me to buy into. No need much of brain ... just for fundamental reasoning : CIMB down ... why? Will it go bankrupt? If not, can I can plan my buying in stages? How?

Use simple uncle-method (for your info, many smart uncles who know on surface the fundamentals and technical doing MUCH better than majority 80% out there). Use brain and common sense.

Use minimal ratios ... use minimal technical indicators.

Yes ... I m going to promote uncle-method ... a method requires experience and knowledge, yet less technical and less ratios. Because ... think of it this way, WHY unit-trust agents asking us to invest in UT ... and they charged us fees? Why those so-called sifu teaching us waves-trading ... while they can use it themselves to profit hugely in trading OIL or DOW?

This is 2018 ... we need to survival. Market will continue to be challenging ... what we believe and what we know may give us a light to help us to survive ... and obviously, we need LOGICAL brain to think ... to question ... the LOGIC behind things that is going on?

Ever wonder why "people" give you FREE TIPS in forums, watsapp or telegram groups?

Every wonder WHY these platforms conveniently created and you are invited or added in? And it is FREE?

Ever wonder ... why they promote you softwares in those groups?

Think ... as we need to survive. We can only survive if we are LOGICAL enough.

And no way anyone could tell you or teach you to be logic. Either you have the brain ... or you don't use it. You are naïve if you are new in markets (don't worry ... we all went thru such ignorant stage).

Do consider my uncle-method of dollar-averaging ... tho I disagree that we should average-down.

One day, this method would be useful during crash .... to discuss more, treat me a coffee(nothing is free, remember? haha)

Have a nice thoughtful weekend.

Tips : don't over-think ... if kills our creativities

TEH