2pm : Noon .. it is kinda hot day here ...

As I sold all my stocks yesterday, fully in cash again and shorted FKLI again ... waiting for stocks to tumble and KLCI to dive from here ... again.

Trades have been so short terms, indeed ... more of touch-n-go, I called it.

Today ...in the group, I shared the idea of Prices-to-sales ... which I never use it. haha.


Example : KLCI is trading at a high P/S ration of 2.673 ...

We seldom heard of such valuation metric as it is not widely used or not relevant to many sectors ... Markets do not work on 'market cap', by the way.

Wait ... I saw the PER of KLCI now is 21 ... isnt that over-stretched? Hmm ... definitely not cheap ... so, are we suppose to wait for cheaper pricing to buy in to invest?

Trades : Dayang, Gtronic, POS, Simeprop, IOIPg, Tenaga, GenM, Gadang, Bursa, LHI, IJM ... few others profitting trades recently

Losing : Supermax and Harta. Cutloss yesterday to keep 100% in cash.

Two losses for 1-2 weeks trades ... not bad as market rebounded from 1600 to 1650. ONLY trades when markets up up ... exit and in cash when market reversing down. Simple common sense which not many follow.

WHO ARE STILL BUY-HOLD their stocks in 2019? Hey ... stuck or invest, make up your mind.

since 2016 ... I have re-played the broken records of cutloss and do not buy-hold. But many newbies or ignorant do not understand how markets work ... and hold dearly to those paperloss? They listened to so-called guru/sifu ... or those so-called tips. Good luck ... you will be stuck for 5-8 years to come.


I take no pleasure to write these as I met so many of them ... sharing with me their mistakes or portfolios which they stuck in these and that ... can't help, tho.

So ... Good luck if u are stuck.

Tonight e-meeting 9.30pm talk about WINNING by NOT LOSING, a book sharing. You kept the link, right?

See u online tonight.

TEH