Morning ... finally shifted and settling down. Still lots of un-packing to do ... downgrading to smaller place and to turn into 'minimalism' in future.
minimalism :
https://www.becomingminimalist.com/not only we need to get away from the noises of markets (forums, media etc etc), to de-cluster our lives ... we get rid of PRODUCTS and ITEMS. So ... to start with, shifting to a smaller place is a good beginning as it would force us to throw/give away many items.
In five years time, I wish to be able to call myself a "minimalist" ... without any watsapps/telegrams group to attach too ... even my own private stock-watch trading group would be 'dissolved' ... and only in touch with fewer individuals/humans.
Yup ... planning my retirement ahead in 5 yrs time. I do not which to be associated to any organisations and such ... but, I know I would still be watching markets (very much less) and move on to do my 'charity tasks' which in planning too.
workstation : the above is taken from a site ... nice simple set-up ... going to focus in making my trading desk/table nice and tidy too.
2019 is a trading year ... not for investing. It is still un-thinkable crazy for those STUCK up there, averaging those stocks lower and now ... crashing lower. But , short term ... stocks are ready to rebound ... so, I m still a net-buyer. haha
As 2018 ... distributions were on-going with many moving lower, once in a while, u see gap up or spikes ...example :
AlcomAlcom : Oct 4th the fate-ful day ... jumped 50% in a day as operators distribute to those naïve greedy (stupid too) retailers who jumped in. Some good news, if not mistake.
Be aware as we would have more such spikes to LURE stupid-greedy-inexperience retailers to jump in for them to exit. Yup ... many stocks at new low and it didn't come to THIS low in a month or so ... it is whole downtrending process, anyway. But ... due to greedy punters ... they would jump in and be trapped, as always. Will they change their stupidity? Er ... unlikely. Markets need such retailers to pump-dump.
Otherwise, we could not explain why people punting into DSonic or Presbhd at the moment. Many stuck up there, obviously and still holding (for whatever excuses). Many things could be explained ... but we need to go into explaining emo-psycho aspects of traders.
Benalec : Another nature of downtrending stock ... it rebounds without much volume ... spike a week for 10-20% ... and only to see lower ... and new low.
So ... avoid downtrending stocks with bad-deteriorating fundamentals ... and we have many stocks to avoid in KLSE. If you are stuck inside few of them, you would be a very loooong term investor. Unfortunately, most retailers would not cutloss (they too naïve and hoping their stocks would rebound for them to breakeven) ... and stuck for years and years to come.
There is something not so right about these dollar-averaging concepts which many preaching ... and most of us do not have any idea about analyzing fundamentals of companies. Some companies trading at low PER and huge discount of their NTA, yet it is not a BUY. Checking their quick-ratio ... oh boy, some companies in deep-shit ... and probably kena cash-call again ... understand how difficult it is just ... simple check low PER and high NTA to buy is VERY misleading?
No thanks to many so-called fundamental-analysis sifu/guru ... they continue to bombard us with those terms ... and showing us how stupid we are nothing understand XYZ they trying to point out, as if they profited well using those ratios. Don't be naïve ... markets not fully work on fundamentals, in fact.
Market works in CYCLE ... we called CA = cycle analysis. Now we have limited upside in most areas ... from economies to biz ... to squeeze of cash and high-debt ... and you name it, we are facing a perfect storm ... YET NO ONE TELLING US that we are CRASHING now as I write here.
I have shown waterfalls and new lows, had so many e-meetings since 2016 to warn retailers about TODAY ... way before the downtrend and new lows. So, I m telling you again ...the stocks you STUCK (Iris, Presbhd, Myeg ... etc etc ... no upside leh) would be going much lower.
KNM doesn't go below 10cents in a year, right? Heard of KNM when it was at RM1 plus? I knew KNM when it was RM2 plus. STUCK up inside KNM? No worry ... you are just one of the thousands retailers who knew nothing much about how stock works.
I m 'teaching' my group a simple term today : QUICK RATIO. haha
DO google and check QUICK RATIO ... it is very important to see if the company is liquid and can tahan or not the coming crisis as MANY stocks already in crisis.
Have a nice Sunday.
TEH
Flintstones
Cp teh is a very successful trader who made many 10 baggers in life. Yes, 10 baggers. Stocks which he saw his profit multiply ten times from 1 cent to 10 cents and sold.
2019-01-06 11:49