Buy RIGHT stock at RIGHT time and sell at “Cut win” price = WIN GAME = GET MONEY.

So, from Master Kan-Pai’s wisdom, we can deduct several things. Below is what I can muster. How about you?

1. Identify counters in speculators list (How to identify?).

• I haven’t totally solved this part of the puzzle yet. I can only guess from the price action of some penny stock or stocks below RM 1 or RM 2.
• It seems you have to know somebody inside the speculator network for advanced news and actions by the speculator. Connections or be part of the team. The only sure-fire, convincing way to know the truth.
• You can categorize stocks based on industries such as steel, O&G, properties, tech, ACE etc. Which counters are making unbelievable huge volume moves when news released or sentiments go up? Probably these are the counters.
• Be simple, use simple observation and don’t overcomplicate things. The end goal is this question, “Which counter can make money for me?”. Learn and get the correct answer and win money.
• I’ll leave this to you to figure it out. All the counters look the same, but are they really?
• If you have ways or website on how to recognize a speculator’s counter, you can share in the comment section below, thank you.

2. Enter at the best price (How to know the best entry price?).

• Uptrend stock. Use indicators such as MA, MACD, TSI, RSI, Stoch etc. Just keep in mind that these can be manipulated by speculators who have full trading power.
• Enter just above support level. Must confirm trend going upward in the next trading session. This needs entry timing skill.
• Maximum holding period of a stock is 5 days. Even that is too long for Master Kan-Pai. If no improvement, sell and try another game with another counter.
• If you do not see any opportunities that meet your criteria, then you might as well do not execute a trade that day.

3. Exit with a pre-set exit price (How to know the exit price?).

• Logically, we set it at the next resistance level. But as this is the speculator’s game (he will expect retail investors to use charts and sell at resistance or above), we set it just below the resistance level although it is just a 1.5 sen profit.
• No such thing as "let your profits run". There is only "Cut win".
• As you can see in the previous post, Master Kan-Pai takes profit with very little price difference (maximum is 3.5 sen).

4. Repeat.

If you are not confident, refrain from using your capital first. Observe and practice on paper for a few days or weeks, tweak and perfect your trading methods here and there before the actual trading setup. The market will always be there for you and it will not run away if you delay trading for a few days or weeks. Of course, keep in mind the general economic and market sentiment. Withdraw and keep your capital when things go south and wait to fight another battle, another day. In the meantime, increase your knowledge. Google “Richard Wyckoff”.

I've some stocks in my portfolio just for practice. You can do it too. Disclaimer: The portfolio linked is NOT my recommendation to buy. Just for MY practice only.

Happy winning.