My Trading Adventure
Sell to buyback lower
CP TEH
Publish date: Fri, 09 Aug 2019, 07:44 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.
Today is Friday ... DOW up 371 points ... yesterday, KLCI up a lot.
I started to buy on Tuesday when there is blood around on the street ... I had an e-meeting on Tuesday night to explain should we be buying and the risk involved ... then, Wednesday continue to buy ... yesterday, still buying. Now ...from cash positions to heavier inside ..
I sold most last week Wednesday till Friday.
Traders always looking for bargain. sell for profits ... or cutloss ...keep cash for selldown. Then, buyback cheaper. Easier said than done.
Example : I sold MYEG 1.68 ... Now, I bought back MYEG ..cheaper.
Trading is to SELL at resistance and high level, check if we could buyback during pullback.
Investing is to buy-hold ... and average down. BUT not for 2019 ..2019 is a trading-market, so ... buy to invest ONLY during crisis/crash.
If one could not understand cutloss .... and get out (do not get stuck), then he/she is not trading.
TEH
I started to buy on Tuesday when there is blood around on the street ... I had an e-meeting on Tuesday night to explain should we be buying and the risk involved ... then, Wednesday continue to buy ... yesterday, still buying. Now ...from cash positions to heavier inside ..
I sold most last week Wednesday till Friday.
Traders always looking for bargain. sell for profits ... or cutloss ...keep cash for selldown. Then, buyback cheaper. Easier said than done.
Example : I sold MYEG 1.68 ... Now, I bought back MYEG ..cheaper.
Trading is to SELL at resistance and high level, check if we could buyback during pullback.
Investing is to buy-hold ... and average down. BUT not for 2019 ..2019 is a trading-market, so ... buy to invest ONLY during crisis/crash.
If one could not understand cutloss .... and get out (do not get stuck), then he/she is not trading.
TEH
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This idiot snake is searching for new students for his paid classroom training.. He is talking cock stories, that had already gone.. GUYS DO NOT BE A FOOL IN DROPPING INTO HIS TRAPS
2019-08-10 14:08
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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....
kingcobra
talk is easy when it happened,,,,don't be a fool to trust this guy! your fingers will be burnt if u tend to listen too much from him!
2019-08-09 10:00