kcchongnz blog
“Why am I always make losses in the stock market?” kcchongnz
“Hi KC
I have been in the share market for more than 20 years. Since five years ago, I started reading i3investor and from there read that many people are making a lot of money in the share market. I too hope to make some quick money from the share market. As I am still working, I have no time to learn about proper investing but merely relying on recommendation from my friends, remisiers and colleagues, The Edge Magazine and other investing periodicals and the internet space such as in i3investor. However, I really don’t believe my luck is so bad that each time I bought the recommended share, even from some very successful investors who have made millions, its share price went up a bit, but eventually dropped a lot. I have lost quite a lot of money since I started dabbling in the share market.
I have read many of your articles recently in i3investor, and you seem to be good in your investment. Could you advise me how I, as a full-time employee who have no time to learn about the proper investing, is able to change his luck in the share market and make some decent returns?
Thanks in advance.
John Ng”
Hi John,
I sympathize with your predicament in the stock market. The good news is you are not alone. I have the same bad experience when I was in my first 20 years of speculating (not investing) when I first started work. Been there, done that. I have to say this has changed drastically in the last 20 years, not relying on luck, but some acquired knowledge and experience on the “right path” of investing.
In fact, both of us are not alone too. You may have read many made a lot of money, but there are many more lost a lot of money in the stock market. Statistics and research have shown that 90% of those people who dabble in the stock market under-performed the overall market, so that many of them just got out completely from the stock market, dread and refuse to talk about it anymore.
Let’s see how retail investor speculate (again I don’t use “invest”). This most likely including you.
How do most people invest?
Most individual market players treat buying a stock as bidding for a piece of paper. They have no clue nor do they care about what the company of which the stock they buy is doing. They hope that the piece of paper they buy will go up in price within a day, a week, or a month, so that they could take profit. They hope by doing it repeatedly will make them rich quickly.
These individuals are relying on rumours and stock tips from friends, colleagues, bloggers, remisiers, analysts, and worse still some famous individuals whom they trust. They chase those stocks touted by them which prices have risen sharply to dizzy high from not long ago. Most if not all of them lost their hard-earned money, huge amount of money.
Yes, it is that bad, and you are not alone. So, stop doing the wrong thing over and over again. If you do not learn something about investing following the “right path”, please, my very sincere advice is, get away from the stock market completely, and put your money in the fixed income instruments.
But is it really true that most retail investors lost money in the stock market, or is it just a myth? Why can’t you be an exception? Let’s see what the statistics and research show.
What do the research say about the investing experience of retail investors?
Below shows a chart in JP Morgan’s 1Q 2014 Guide to the markets regarding the 20-year returns of some asset classes.
Based on their analysis, the average investor had a 2.3% annualized return over the 20 years from 1993 to 2012, way underperformed the broad market return of 8.4% during the same period. To put that into perspective, an investor invested $100,000 in the S&P500 20 years ago would today have a total portfolio value of around $502,000-compared with only $156,000 for the average investor. This return is not even enough to beat inflation of 2.5% during the period. The total money left 20 years latter can’t buy the things one could buy 20 years ago.
Brad M. Barber and Terrance Odean in their paper “The behaviour of individual investors” confirms that collectively individual investors trading on their own under-performed the market. However, this average performance of individual investors masks tremendous variation in performance across individuals. This means those savvy individual investors (those who have the proper approach in investing) would have done much better than the average, and the lower half of individual investors much worse than the average. Many of them lost their savings completely. The underperformance was due to information asymmetry, overconfidence, failure to diversify, easily influenced by rumours, tips, media and internet forums etc., and last but not least, sensation and action seeking, going in, make one of two sens, and out, and in again, but eventually lost a bundle when some of the stocks tanked sharply. They do the same thing over and over again. I am sure you have read about this in i3investor too.
Why do individual investors lose money or perform so poorly?
The odds are against retail investors
Bursa is dominated by 70% of fund managers and institutional investors, local and foreign. The investment bankers and fund managers especially have all the financial, human and computer power and all kind of resources at their disposal. Furthermore, there are syndicate players, insiders, rich investors who can easily manipulate the market at the expense of retail investors. They can move the market where retail investors dwell. Hence if you are a trader and speculator, and most retail investors in Bursa are, the odds are leaning heavily against you in an uneven playing field
If you think charts alone can provide all the information for you to make money, think about it again. Even if a chart can predict human behavior correctly, when there is a “breakout” or going to be one, or something else, who will spot it first? Who have the resources and computer power to do all the charting fast and furious before you see it? Hack, syndicates and insiders can just build the nice charts to deceive you, without blinking their eyes.
This is what John Bogle, the founder and retired CEO of The Vanguard Group said:
“In 30 years in this business, I do not know anybody who has done it successfully and consistently, nor anybody who knows anybody who has done it successfully and consistently. Indeed, my impression is that trying to do the market timing is likely, not only not to add value to your investment programme, but to be counterproductive.”
This disadvantage of retail investors is made worse by the cognitive bias of individual investors in human psychology.
Human Psychology
Retail investors are greatly influenced by emotions when making investment decisions. It is part of who they are as human beings. They tend to exhibit herd’s mentality. You buy, I buy. What business does the company do? Are they making money? I don’t know and I don’t care. They chase hot stocks, tips, hypes and fads from interested parties when their prices have gone up sky high. Well it is ok to buy high as there will be others who will buy higher from us; the greater fool theory and the “me too” lemming investing strategy. You make a lot of money, I want to make more, and so many people run, I run too; why? I don’t know and I don’t care; greed and fear.
When a stock is going up, everyone gets excited and start to join in the party, only to experience the power of mean reverting shortly after that. The cognitive bias of loss aversion prevents them from selling when they realize that they are wrong in their judgment, only to sell close to its bottom when they then need money to chase other hot stocks or suddenly remember this strategy of cut-loss thingy. So, the buy high and sell low strategy. This is one of the biggest reasons why so many people lose money when they invest, in spite of the fact that the general trend of the market is up.
Overconfidence of individual investors also explain their relatively high turnover rates causing high transaction costs and poor performance.
Many people treat investing as entertainment, like many people like to gamble. This sensation seeking activities lead to high trading activities in hot stocks, hypes and fads with high volume, going in and out for fun, action chasing and ultimately incurring high transaction costs and leading to huge losses and detrimental to their investments outcome.
What should you do in the stock market?
You can see most retail investors don’t do well speculating in the stock market, forget about relying on luck to get-rich-quick from the stock market. However, if you still want to earn better return from the equity market, here are some choices;
- Discard your speculating instinct. Learn, follow and arm yourself with the proper and proven successful approach, the right approach in investing.
- Invest passively in unit trusts through investment banks, fund houses, broker-dealer platform, licensed investment advisers etc.
- Invest through exchange traded funds
- Buy closed-end fund
- If you have substantial amount of money and wish to invest in individual stocks, invest through fund managers.
- Get some guidance on investing from someone following some proven successful processes and methodologies in investing for long-term.
There are advantages and pitfalls for each of the choices on investing above. We will discuss them in detail in the next article.
I have been providing services for item (1) above; i.e. teaching the proven successful value investing, treating investing in a stock as investing in part of a business. This I can do it from anywhere in the world and you can learn it at any time and at any place convenient to you.
I know you have a career and busy in your work, and you have to focus in your work. Every good employee does. But putting off something so important in your personal life, such as acquiring some good investment knowledge and skills, is not a good excuse. It is a matter of priority. Isn’t your financial wellbeing as important, if not more important?
For those who really have no time to learn about the proper way of investing in (1) above, which does require considerable time and effort, service number (6), i.e. a stock pick service, may suit you well. This of course got to be from someone with a plausible investment process, and established and proven successful records. My provision of this, however, depends on demand.
If you are interested in any of these two services, you may contact me at
ckc14invest@gmail.com
Remember there is no free lunch in life, the same for investing.
Happy investing.
KC Chong
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Discussions
6 people like this. Showing 50 of 156 comments
Posted by qqq3 > Aug 22, 2018 07:12 PM | Report Abuse
kcc
nothing to do with the law.
I am not even an investor....I am a small time trader. A small time trader cannot wait for the IPP to be completed. I trade according to my business sense.
Oh, I thought you were involved in a pumped-and-dumped activities. This is because with the share price dropping like that unabated from RM1.80 to below RM1.00, and you were promoting it relentlessly, only those involved in this pnd activities can make money. Some more made 5 rounds!
2018-08-22 19:33
kc
the quality of blogs have improved , as long as people use more business sense in their blogs....and less fake news in their blogs like this fellow........
http://klse.i3investor.com/servlets/forum/600168169.jsp
I am not in favor of fake news blogging
I am in favor of honest sharing from KYY
2018-08-22 19:49
Posted by qqq3 > Aug 22, 2018 07:49 PM | Report Abuse
kc
the quality of blogs have improved , as long as people use more business sense in their blogs....and less fake news in their blogs like this fellow........
http://klse.i3investor.com/servlets/forum/600168169.jsp
I am not in favor of fake news blogging
I am in favor of honest sharing from KYY
Fake news? Future eye has provide all relevant data and detail analysis. Don't just say fake, but show what is fake.
I kind of think this below is fake news when Jaks's share price dropped unabated to less than RM1 now after you promote it and asked people to use MF to sailang it from RM1.50 to RM1.80,
Posted by qqq3 > Aug 22, 2018 11:58 AM | Report Abuse
As for me....my business sense makes me at least 5 round on Jaks already ....the last time sold at the top and even wrote to a friend to sell at $ 1.70 and never look back.
Or
"Oh, I thought you were involved in a pumped-and-dumped activities. This is because with the share price dropping like that unabated from RM1.80 to below RM1.00, and you were promoting it relentlessly, only those involved in this pnd activities can make money. Some more made 5 rounds!"
2018-08-22 20:01
u easily impressed by impressive looking blogs...that is u, anyway.
but honest blogs by KYY u think is not honest......
2018-08-22 20:05
me?
I prefer to be guided by my business sense than by impressive looking blogs
this guy here wrote some business sense....
https://klse.i3investor.com/servlets/forum/600170180.jsp
2018-08-22 20:08
A corner of the market is rallying, and it could confirm a classic bull theory. https://www.cnbc.com/2018/08/22/dow-transports-are-rallying-and-that-could-confirm-a-classic-theory.html
2018-08-23 00:51
is just irresponsible talk as applied to small time investors.... just wait for the next crash
2018-08-23 02:17
ringgit is still one of the strongest emerging currency for 2018.... for how long more?
2018-08-23 02:22
trade wars, belt tightenings, restructuring at Khazanah, disappointing results, and people still a go go
2018-08-23 02:25
average holding time for US stocks has fallen from eight months at the turn of the century to two months in 2008, and just 20 seconds today, according to data collated by Leo Chen, portfolio manager at Cumberland Advisors
2018-08-23 02:41
I have dabbled in the stock market since 1968 and had yet to make 1 ringgit and I can't remember how much I have lost till now. The only thing I learned is that if your remiser don't trust you is the only sure thing you will still be around after50 years as you can only loose what you have.
ordinary guys can never and will never make $ fr klse unless you have lots of $$$$$ and belong to one of the syndicates who manipulates klse.
So be happy if you don't loose your underwear
2018-08-23 04:13
Don't follow blindly. If stocks chased high later drop will KC Chong/KYY/OTB bear your losses?
2018-08-23 08:21
Dr M: Would you kill if I ask you to?
http://www.thesundaily.my/news/2018/08/15/dr-m-would-you-kill-if-i-ask-you
2018-08-23 08:25
I think John in this example can be considered "lucky" that he didnt make money in the stock market using the wrong approach in the early stage. Imagine if he had doubled or tripled his money using the wrong process and was convinced of his god given skills. The damage from this overconfidence would a be a lot bigger further down his investment career.
2018-08-23 08:58
Many people here in I3 are day traders and speculating over rumours and tips from someone.
In fact, 70% of these people never really make money or make losses.
Very rarely to meet people here holding shares for investment greater than 1 year.
There's rich billionaires who are investors but none are day traders. This proves the statistics.
2018-08-23 12:30
Fundamental of investment
1. Select industry
2. Company can growth & profitable (2Q profit > 1Q) (Koon Yew Yin choice of selection)
3. Continue monitor (new product, new segment and good news)
4. Run when company profit below last Quarter
2018-08-23 14:04
y pdchs > Aug 23, 2018 02:04 PM | Report Abuse
Fundamental of investment
1. Select industry
2. Company can growth & profitable (2Q profit > 1Q) (Koon Yew Yin choice of selection)
3. Continue monitor (new product, new segment and good news)
4. Run when company profit below last Quarter
====================================
or else buy extremely low PE and cross fingers.
2018-08-23 14:08
KCC you are really free to entertain people like qqq3... when they comment on our blog, we couldn't be bothered
2018-08-23 15:14
omightycap > Aug 23, 2018 03:14 PM | Report Abuse
KCC you are really free to entertain people like qqq3... when they comment on our blog, we couldn't be bothered
==========================
omightycap....another wannabe sifu with ambition to be sifu......cari makan some more.
2018-08-23 16:36
Posted by ks55 > Aug 22, 2018 05:09 PM | Report Abuse
RMB now 57.96 sen. It will go to 60sen soon. Can it go to 70 sen? 80sen?
Invest in RMB dominated collectibles is equivalent to invest in RMB. Invest in RMB dominated collectibles is equivalent to invest in RMB.
中國瓷器
大師國畫,墨宝
名家紫砂壺
勐海茶廠、下關茶廠改制前普洱茶
印级普洱茶
OBOR Initiative coupled with Xi's Speech on 19th CMC Direction for China future development (Dream), China's economy can only growing from strength to strength.
RMB exchange rate denotes the health of China economy. Like it or not, it will further reflect its value five years down the road.
See?
Is it that difficult to make 26% ROI yearly for next 10 years to come?
One very interesting thing about finance and investment is that it is about the future, and the future is full of uncertainties.
With regards to the movement of macro thingy like foreign exchange rate, nobody has done it right consistently and there is no statistical significance evidence to show that anyone can do it.
The interesting is the power of arbitrage. If some investment is so good that you are expected to get CAGR of 26% over the next 5, 10 years, 20 years, the price of the asset would have been bidden up right now that you won't be able to get that CAGR.
2018-08-23 20:09
Posted by chabalang > Aug 21, 2018 06:42 PM | Report Abuse
Another interesting piece from KC Chong...something relevant for most retail investors. Do keep up your good work! My 2-cent opinion, retail 'investors' will be better off just buying low-cost index tracking funds (but they won't because it is boring).
Very good point.
Boring shouldn't be a reason for wealth preservation but bear in mind index fund also has its other problems.
2018-08-23 21:09
Posted by NOBY > Aug 23, 2018 08:58 AM | Report Abuse
I think John in this example can be considered "lucky" that he didnt make money in the stock market using the wrong approach in the early stage. Imagine if he had doubled or tripled his money using the wrong process and was convinced of his god given skills. The damage from this overconfidence would a be a lot bigger further down his investment career.
Great point.
If you read public forum like i3investor, you would notice that some individuals seems to have made a lot of money in the stock market just by luck or other means. So they become over-confident that they have found the Holy Grail in making money in the stock market.
They double up their bet each time, make RM1m, double up with another million with margin finance, make another RM2m, RM10m, and continue to double up with MF, and just bet big on one stock or two, confidently think that he will be another George Soros before he dies. Sure win one.
This is additive, like drug, and that is the mind-set of a big gambler. It only requires once, the appearance of a black swan, or a gross misjudgment, and the stock market or the particular stock tanks and everything evaporated.
There were many case happened in 1998. Some of them still paying back their losses even now.
Yes, if he has been losing money, his own money which he can afford to lose, the above won't happen.
2018-08-23 23:10
By the way, if KC vs Calvintaneng, which one better? I think we cant find anyone lousy than calvintaneng because he already prove himself as holland king in stock pick 2017. Negative performance and rank bottom 3 in bull market, 笑死人..malu lo
2018-08-24 08:06
I still vote Calvin bro, coz he got the courage to give buy call and state his reason. As for kc, not sure la.
Ah bee leh? Got buy call kah? If not, no need laugh ppl leh
2018-08-24 08:14
Alex observation on i3 repeated accusation on raider sifu integrity is troubling. One does not boast of his consistent investing behavior and yet appears in forum everyday to sing down everyone who is against his choicest pathway to wealth.
2018-08-24 08:16
Posted by wlchew > Aug 23, 2018 04:13 AM | Report Abuse
I have dabbled in the stock market since 1968 and had yet to make 1 ringgit and I can't remember how much I have lost till now.
ME: I AM SURE YOU HAVE MADE SOME MONEY ONE TIME OR ANOTHER, EVEN IF YOU SIMPLY TIKAM. ONLY THAT OVERALL YOU MAY LOSE EVERY YEAR.
The only thing I learned is that if your remiser don't trust you is the only sure thing you will still be around after50 years as you can only loose what you have.
ME: THINK OF IT MY REMISIERS MUST HAVE NOT TRUST ME. THEY HAD NEVER ENTICED ME TO TAKE UP MARGIN FINANCE TO PUNT IN THE STOCK MARKET AS THEY PROBABLY THOUGHT I WOULD NOT BE ABLE TO PAY UP WHEN THINGS DIDN'T WORK OUT.
ordinary guys can never and will never make $ fr klse unless you have lots of $$$$$ and belong to one of the syndicates who manipulates klse.
So be happy if you don't loose your underwear
ME: GREAT POINT. FOOD FOR THOUGHT.
I ALWAYS PONDER WHY SOME PEOPLE COULD MAKE SO MUCH MONEY IN SPECULATING IN THE STOCK MARKET AS CLAIMED, EVEN IF THEY ARE RICH, AS I STUDY THE PUBLISHED RECORDS AND THE WAY THEY SPECULATE/INVEST, AND THE STOCKS THEY SHARED AND THE ARTICLES THEY HAVE WRITTEN, IT IS HARD TO BELIEVE THAT BIG MONEY WAS MADE.
SO THE ABOVE STATEMENT MAKES A LOT OF SENSE.
2018-08-24 13:39
THATS IS ONE OF THE RIGHT WAY OF USING MARGIN...EXTRACTED FROM JON CHIVO INTERVIEW LOH...!!
How does one trade for income, invest for the future, and be able to buy more when a recession comes?
While I was in Johor, I also met another investor. He is able primarily a trader, but has a significant investment tendencies and ability.
He too has a fairly decent return and a fair decently sized portfolio (triple mine probably). I asked him, why do you feel such an urge to trade when you know investing for absolute return is the best way and your capital is more than enough.
He said, “Well, I have three children, most of my salary goes to feeding them family and keeping a roof over their heads and a car, so any additional income and growth in capital needs to come from my investment/ trading portfolio.”
According to him, he has a main cash portfolio, and a margin account backed by FD. One of his main concern is that how does he make money from trading without risking too much capital, and how does he be able to have the cash to invest during a crisis, when he can save so little?
We discussed for a while, taking into account the methods of my top trader friend and this is the solution we came up with.
Portfolio management for a trader/investor.
Open two portfolio. The first is pure cash only, and the other is a margin trading account. I would suggest portioning it 80% in the cash investment account, and 20% in the margin account.
For the cash account, you will only buy long term investments, that you are absolutely sure of its intrinsic value, no gambling, trading, sentiment reading at all, pure absolute value long term investing. Any selling or buying needs to be based on fundamentals and discount to intrinsic value. You only sell when fundamentals change, or if it went up too much.
For the trading account, you will trade stocks based on sentiment news etc. The key thing you need to know is, one, you are trading rubbish companies like HUAAN etc. Or you do not really understand the company.
You are gambling. The key thing here to make sure you don’t get confused, is to not mix your cash and gambling picks. Stock you buy for investment, you cannot trade with. Stock you buy for trading you cannot buy for investment.
You have a very clear cut loss, which needs to be based on the leverage used.
Assuming your use FD backed margin accounts, If maximum 3 times leverage is used, a 5% drop means you need to sell everything. 2 times, mean you need to sell out all at 10% drop. Just one time leverage, you need to cut at 15%. No exceptions.
In times when sentiment is bad, you will not trade at all. And if your cash investment portfolio drops by at least 30%, you will only then move it to margin. And you will margin up to 50% of your capital maximum. And you will only leverage up very slowly at 2-3% per week. And only if you are very very sure.
If you feel sentiment consolidating in the recession (do note can consolidate and drop a few times), you can trade, but must adhere very very closely to cut loss.
You are gambling, don’t ever forget that. If needed, you should consider moving it all to the investment portfolio, if the former drops by more than 50%.
As you will be holding your investment portfolio all the way down, and buy as you go. You must make sure you are very very very very clear about your companies what they are worth. The economics and the valuation.
And if you’re actually correct, chances are it won’t drop more than 50%. If you were to leverage up to 30% once your portfolio is down 30%, chances of you ever getting margin called is very close to zero. You may want to lower it to 25 to 20% to be more safe.
You cannot make a mistake in valuation, economic characteristics, or margin of safety. Because you are holding and buying more all the way down.
If you are wrong, they won’t be a rebound.
Conclusion
I hope this was as useful to you, as my conversation and discussions with these people were. Good luck.
2018-08-25 10:03
ON 3ii,i U WILL NOTICE HE IS THE ONE WHO SHOUT THE LOUDEST TO SELL HENGYUAN WHEN IT WAS RM 2.00 TO RM 4.00 LOH...!!
WHEN HENGYUAN MOVE TO RM 6.00 AGAIN HE SHOUT SELL....WHEN IT MOVE ABOVE RM 10.00 AGAIN HE SHOUT SELL....WHEN MOVE TO RM 19.00 AGAIN HE SHOUT SELL LOH.....!!
MO DOUBT HENGYUAN HAS CORRECTED BACK TO RM 7.00 LEVEL, RAIDER SEE THIS IS A SUSTAINABLE FLOOR LOH...!!
WHY LEH ??
EVEN IF U LOOK AT SHELL TRACK RECORD OVER 15 YRS HISTORY, HENGYUAN USUALLY TRADE AT RM 6.00 TO RM 10.00 BAND FOR MANY YEARS LOH...!!
THE CHINAMAN WHO RUN HENGYUAN NOW, IS DEFINITELY MORE COST EFFECTIVE THAN THE MAT SALLEH...THUS CONSERVATIVELY HENGYUAN SHOULD ABLE TO HOLD THE BAND OF RM 6.00 TO RM 10.00 RANGE LOH...!!
PEOPLE LIKE 3iii WHO ONLY KNOWS HOW TO HOLD SHARE, HAS NO SENSE OF VALUE LOH, JUST LOOK AT HOW 3iii SHOUT SALE HENGYUAN ALL THE WAY RM 2.00 TO RM 19.00....SHOWS HE HAS NO SENSE OF VALUE LOH....IF THE U EVERYDAY SHOUT...SHOUT....SURE ONE DAY U KENA LOTTERY LOH...!!
BUT THAN HENGYUAN IS STILL ABOVE RM 7.00 ....NOT 3iii ABSURB RM 2.00 TO RM 4.00 VALUATION MAH....!!
IN FACT THERE IS HIGHER CHANCES OF HENGYUAN BREAKING RM 10.00 LIMIT THEN COMING DOWN TO RM 4.00 LOH....!!
3iii IS A JEALOUS MAN....LOH..!!
HE IS VERY JEALOUS OF RAIDER SUCCESS LOH...!!
THATS WHY RAIDER ALWAYS FUCK 3iii LOH....!!
2018-08-25 10:22
INTEGRITY ??
TELL ME WHEN HENGYUAN CAN BE RM 4.00 BASED ON YOUR VALUATION LOH...!!
Posted by 3iii > Aug 25, 2018 10:26 AM | Report Abuse
>>>3iii IS A JEALOUS MAN....LOH..!!
HE IS VERY JEALOUS OF RAIDER SUCCESS LOH...!! <<<
How to have a great conversation with someone lacking integrity.
2018-08-25 10:29
Chip stocks are rallying, and one trader sees a bigger breakout
https://www.cnbc.com/2018/08/24/chip-stocks-are-rallying-and-one-trader-sees-a-bigger-breakout-ahead.html
2018-08-25 10:35
The chip stocks have gone wild, having their best week in 5 months
4 Hours Ago
Semis soar. Looking for the next big chip breakout stock? CNBC's Melissa Lee and the Options Action traders, Mike Khouw, Tim Seymour and Dan Nathan.
https://www.cnbc.com/video/2018/08/24/chip-stocks-have-gone-wild-best-week-5-months.html
2018-08-25 10:42
IT IS TRICKY LOH....!!
YES SEMIS IND UP....BUT TO PICK WHICH CO....UNDER SEMIS IND WILL BENEFIT & BE A WINNER IS A CHALLENGE ALSO MAH....!!
ALWAYS LOOK FOR SUSTAINABLE LONG RUN PERFORMANCE & NOT ONE TIME SPRINT MAH......!!
Posted by tecpower > Aug 25, 2018 10:42 AM | Report Abuse
The chip stocks have gone wild, having their best week in 5 months
4 Hours Ago
Semis soar. Looking for the next big chip breakout stock? CNBC's Melissa Lee and the Options Action traders, Mike Khouw, Tim Seymour and Dan Nathan.
https://www.cnbc.com/video/2018/08/24/chip-stocks-have-gone-wild-best-...
2018-08-25 10:46
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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....
qqq3
kcc
nothing to do with the law.
I am not even an investor....I am a small time trader. A small time trader cannot wait for the IPP to be completed. I trade according to my business sense.
2018-08-22 19:12