qqq33333333

A good trader is a lousy investor, and a good investor is a lousy trader.

qqq33333333
Publish date: Fri, 15 May 2020, 02:08 AM

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qqq33333333

whatever what one calls himself, the ultimate aim is to make money.

agree?

but the skill sets are different.


An investor survives on digging out truths, facts and figures. An investor must show patience and have deep knowledge of his investments. As they say, only do what you know.



A traders's skill set and success depend on early actions, fast actions....making good decisions on incomplete information.


KYY is brilliant when it comes to buying..........so far recent records show not so brilliant on selling. KYY is definitely a trader, not an investor..........no matter what he call himself. He can succeed in his stock picking even without complete information ..........because he has the ability to identify trends early enough and go all in. The problem is he wrongly believe himself to be an investor and over stay the trend and so dies............too bad.

2020-05-15 02:28

qqq33333333

A trader who thinks he is an investor will die...sure die...........Now, this is a very common problem, more common than people wish to admit because it is so much more respectable to call one self an investor than to be given the trader tag.

2020-05-15 02:35

qqq33333333

Trading, many kinds of traders. Daily ones, contra period ones, sure die.... no cure

2020-05-15 04:46

qqq33333333

Gloves, when u think about it, was the only game in town when KYY initiated his trades... and still true That is the best possible kind of situation

2020-05-15 04:50

qqq33333333

Trading is a game. You can be wrong about facts and figures and you can still make money if you are right about market psychology

2020-05-15 04:55

qqq33333333

Most people are naturally prudent. To them, facts and figures are most important. For a trader whose holding period is just a couple of months, then facts and figures are less important than identifying trends

2020-05-15 05:00

kong73

When you buy and sell...you are a trader regardless on how long you keep the stock No difference.

2020-05-15 06:04

qqq33333333

u don't find any difference in skill set required?

2020-05-15 06:26

Sslee

Haha qqq3
You trapped high at SCIB and Kpower which you need to wait for 1000 year for your RM 1 to grow to RM 1.5 million is definately not trading but investing.

2020-05-15 09:47

qqq33333333

I don't usually invest, but SCIB and Kpower fascinates me enough to invest.

2020-05-15 09:56

qqq33333333

sslee

invest in zero earnings zero revenue sound interesting....u don't agree?

2020-05-15 09:57

qqq33333333

Trading...trading the only game in town is rare but not without risk.

The issue is how to bet big and stay with the daily movements, Wall Street and other stuffs.

2020-05-15 10:01

qqq33333333

zero revenue zero earnings means no need brain power........that sounds interesting to me.

2020-05-15 10:33

chinaman

yes-i dont know how to trade till now. always buta buta hold long term only till real value emerge. Cut loss is not in investor vocabulary. wakaka

2020-05-15 10:38

qqq33333333

chinaman > May 15, 2020 10:38 AM | Report Abuse

yes-i dont know how to trade till now. always buta buta hold long term only till real value emerge. Cut loss is not in investor vocabulary. wakaka
=========

warren bufett cuts loss on airlines...........

2020-05-15 10:58

qqq33333333

whether trading or investing, cannot escape proactive, consistent, confidence.

2020-05-15 11:02

qqq33333333

A trader who thinks he is an investor will die...sure die.....

by the same token, an investor who thinks he is a trader will also die.....sure die.


here, I mean an investor is one who already spends a lot of time knowing the company. ....and get shaken out easily.

2020-05-15 11:20

chinaman

So, glove theme is trading or investment looking at new high every day? Whoever sits last in the music game sure died. So, i give it a pass, no dared to touch wakaka

2020-05-15 11:26

qqq33333333

gloves? I willing to trade only when it is the only game in town....


look at Top Glove/ Harta in recent days.........these are big boys willing to hold forever......big but clumsy and late boys.

2020-05-15 11:33

calvintaneng

YAYA

I GOOD INVESTOR BUT LOUSY TRADER

BOUGHT COMFORT GLOVES AT 88.5 SEN & SUPERMAX AT RM1.73 AND DUMB DUMB HOLDING TILL NOW

LOUSY TRADER?

WAHAHA!

2020-05-15 11:36

calvintaneng

YAYA

I GOOD INVESTOR BUT LOUSY TRADER

BOUGHT COMFORT GLOVES AT 88.5 SEN & SUPERMAX AT RM1.73 AND DUMB DUMB HOLDING TILL NOW

LOUSY TRADER?

WAHAHA!

2020-05-15 11:36

chinaman

This trading when too over-hyped causing many innocent new burnt at the end, destroy the confidence of bursa forever. Many burnt will NOT able to gain back the confidence, looking all counters are for crooks only. i guess 99.99% unfortunately for short term trading only, destroy long term investors who dont know how to discern quality and toilet paper ctrs. wakaka

2020-05-15 11:38

qqq33333333

proactive vs reactive...........jumping into gloves now surely is in reactive category.............

jumping into gloves when KYY first jump in is called proactive..........

2020-05-15 11:47

chinaman

KYY style of play personally for me very scary, not able to follow or suits me. His boldness, euphoria to always chase higher and higher up a cntr.. Sorry.....i prefer Calvintaneng's value buy style....

2020-05-15 11:54

qqq33333333

I don't believe this calvin one....he makes up stories one.....

2020-05-15 11:56

qqq33333333

a good investor can shut out the bulls and bears
a good trader lives on the bulls and bears.

how to reconcile?

2020-05-15 18:31

i3lurker

Post removed.Why?

2020-05-15 18:39

qqq33333333

Kpower very ambitious and very fast..............sign up 4 deals already in last few months.............

I also don't know why he so ambitous....


but better ambitious than no ambition like Insas.........

2020-05-15 18:48

qqq33333333

the rate Kpower signs up energy deals, a bit like Enron deals...I like it.......

remember, if u had caught Enron in its early days, u make thousands of times at the peak...........

some like it hot, some like it cold....I like hot girls.

2020-05-15 18:52

i3lurker

Post removed.Why?

2020-05-15 18:56

qqq33333333

but let me warn everyone....................amidst the recession, the trade war is heating up..........


https://finance.yahoo.com/m/e504abb7-b29e-3382-ace2-be24650f36bb/u-s-blocking-shipments-of.html


sslee will be getting to get cheap as long as he is patient..........

2020-05-15 19:08

Sslee

Haha qqq3,
I am waiting for q2 report out in august all red red to buy in Sept.

2020-05-15 19:40

i3lurker

what recession for US?
Recession is only inside Malaysia

Malaysian products are just Rohinya, Bangla and Covid-19 plus Gloves.
palm oil and crude oil died.
manufacturing died

In Malaysia, mamak refused to allow Malaysians to plant food

so Malaysia is still FORCED to buy food from US every day and every month and every year.

US is the Global Farm for everybody.
Every country in the world example Russia, China, Europe and Africa buys food from US farmers.

Zimbabwe, the Farm Factory for Africa was totally destroyed when mamak's best friend destroyed those white owned farms. So today Zimbabwe and African countries forced to import food from US.

Import food from US or die. That is the choice you have.

US is still an economic powerhouse.
US print more money, USD gets stonger.

Can expect Gloves Revenue to power up from RM drop vs USD alone.

2020-05-15 19:50

i3lurker

sslee

you seem to be waiting for the whole of your life so far

waiting for Xinquan

waiting for Insas

waiting for sept

share investing or trading is not about waiting.
waiting is not inside the equation at all.

Dun be greedy means not only selling high.

Dun be greedy also means not buying low.

no wonder you have FDs

so sslee seems you are a greedy man after all, waiting foor low prices.

just ponder and reflect whether waiting for low prices is being greedy or not. And tell me the answer.

Share market is about => NOT BEING GREEDY

if you can be a generous person then you will be very successful in share market.

Simple example now.
You will buy TopGlove at RM10.50 today coz you dun mind letting other people make profit from you.
When your heart is small you will wait for low prices, and wait and wait and wait.

Finally death comes, no more waiting.
It ends with death.

2020-05-15 19:57

Sslee

haha i3lurker,
When all red red I come in to support the price. I'm doing national services.

High already let people make money, they do not need you to push up the price.

2020-05-15 20:14

i3lurker

sslee

it means still waiting

some people already make 40% returns per month

now may to sept is 4 months

100 => 140

140 => 196

196 => 274

274 => 384

but you sslee, your money ist still only 100

come sept share market moves even higher

all the waiting for nothing, you still got FD interest only. and money still 100

2020-05-15 20:19

Sslee

Haha,
It OK to me doing national services is more important than making money.

2020-05-15 20:23

i3lurker

come sept people expect economy to recover so market sentiment will be good

share prices will be higher

2020-05-15 20:26

i3lurker

Analysts call it forward PE

QL is always about forward PE and you failed to see it.

Come Sept is all about Forward PE, so I am not surprised that you still dun see it.

Share prices been powering higher and higher every month based on the expectation of Forward PE when economy recovers in Oct.

2020-05-15 20:31

Sslee

Haha i3lurker,
Philip already sold all his topglove and doing his national service to support good company Gkent. I will do my part come sept otherwise you would not have any more Irt3 and then irt4.

2020-05-15 21:12

i3lurker

sslee

thats good news that Philip sold all cheap

coz TopGlove may power up from current RM10 to RM18 ~ RM19

coz you know IB always very conservative
and share prices may exceed IB TP = 13.30 it is normal

2020-05-15 22:09

i3lurker

and some say TopGlove may exceed RM20 per share

why?

coz medical gloves is still very cheap compared to other medical products that are use once throw away.
Thats from my doctor friends

it is good news that Philip did national service, helping others by selling TopGlove cheap.
After all he does not need those profits at all.

2020-05-15 22:15

Philip ( buy what you understand)

Haha, i3lurker, my buying price for gloves is far far far lower than yours. My returns and share price increase have already far exceeded what I expected it to come in 2 years from now.

Speculators like you are buying on news, you will end up selling on earnings results.

I have been buying and holding glove stocks far longer than you have been investing

I think I will keep a record of your claims to amuse myself on how trolls are rarely rational. When things are going great they see it never ending. And when things are not doing so well, they think the company and industry will go bankrupt.

But the fact of the matter is your investment results reflect your rationality.

And irrational as you are, with your comments and claims, you are just a small gas blowing hot air. You have much to learn about investing.

At rm18-19, you are saying topglove will be worth 56 billion ringgit, with pe of 169.

As sslee is so fond of applying this weird concept, it will take you 169 years to get back your investment.

Then again, you may be fond of collecting tulips. If that is the case, you can join kyy, calvintaneng, stockraider, qqq3 in speculating on glove stocks. I'm sure you will be in great company and will do absurdly well.

Just remember timing the market is silly if you don't have a crystal ball.

>>>>>>

Posted by i3lurker > May 15, 2020 10:09 PM | Report Abuse

sslee

thats good news that Philip sold all cheap

coz TopGlove may power up from current RM10 to RM18 ~ RM19

coz you know IB always very conservative
and share prices may exceed IB TP = 13.30 it is normal

2020-05-15 22:25

i3lurker

thats interesting

at earnings = 14.93 X 169 = RM25.23 per share

so

at earnings 30 X 66.67 = RM20.00 per share

[IB consensus is that earnings will increase very conservatively by 85%, about double up loh
but scuttlebutt says triple up]

so 14.93 X 1.85 X 72 = RM20.00 per share

yeah I must admit that PE of 66.67 or 72 is just a bit too high to be believable

hmm what is the effect if EPS = 45 sen per share?

ok ok will short it tomorrow.

:)

no worries

cheers

bottoms up

2020-05-15 22:41

i3lurker

Post removed.Why?

2020-05-15 22:51

Philip ( buy what you understand)

It's easy for Howard gold to say. It's easy to allocate capital when you are managing small sums. Turning 1 dollar into 2 in one day is simple. Turning 100 billion to 200 billion in one day is a far better magic trick.

It's like the MLM game where one recruits 5 who recruits 5 more to join the company. After the 7 or 8 round, you pretty much have the entire planet.

Being able to perform as well as they did over the period of time with the increasing capital allocation is already impressive enough.

But then again, everyone makes mistakes. The difference is warren knows exactly how and when to pull the trigger, which is even more impressive.

Contrast that to individuals like bill ackman, who let their ego get ahead of them and chased bad investments into the ground.

Buying is easy. Knowing when to sell takes real skill.


>>>>>>

Posted by qqq33333333 > May 15, 2020 10:29 PM | Report Abuse

end of Bufalo era?


lecturers and authors cannot use old banner...how?


https://www.marketwatch.com/story/dud-stock-picks-bad-industry-bets-va...

2020-05-15 22:53

qqq33333333

Philip ( buy what you understand)

Buying is easy. Knowing when to sell takes real skill.
=======

like KYY's Dayang ? in future Comfort , don't know yet......

Every Era also has its champions.


https://www.youtube.com/watch?v=vudqr4gxRoM&t=190s

World's Largest Companies by Revenue 1995 to 2019

9 of the top 10 companies in the world by revenue are oil and cars. Its their Era. Future don't know yet.


Bufalo spawned a billion $ industry waving his banner.


But Bufalo is not just a portfolio fund manager , Bufalo is a businessman ...His Berkshire owns some of the largest insurance, banking, beverages companies in the world. He can hire and fire at will and their results are consolidated into Berkshire results. Like all billionaires in the world, the Bufalo is a businessman...but a public image of a fund manager that he encourages.

His dual role as businessman and fund manager is a bit confusing. What is true is that to be super super rich, got to be a businessman. ...just like the list of all the richest men in the world are businessmen. What is true is that for one to be super rich , one has to act and behave like a businessman..put all his wealth into his business...and if his business do well, he do well.

When people think of him, they think of him as someone buying and selling shares....and become super super rich. But, that is not true. He become very rich because of his concentrated holdings in the largest insurance , banking, beverages in America.

The equivalent will be like holding Top Glove over the last 10 years...........and not just holding Top Glove, but like Tan Sri Lim Wee Chai, all his wealth is in Top Glove.


Of course the Bufalo is not like qqq buying and selling shares all the time.

2020-05-16 12:00

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