Today marks my two years journey into Malaysia stock market investment. There were numerous ups and downs along the way. I am glad that I still survive and have the urge to write this article as one of my chapter in stock investment journey.

In a span of two years, the most memorable issue was the 1MDB saga that hit local stock badly. They were other factors that brought negative sentiments into stock market such as Brexit, pre and post-Trump election victory and continuous depreciation of Malaysia Ringgit. At one point, my fund was negative 20-30%. That was not too bad. When I look back, all these events actually provide good opportunities to buy stock in bargain. How I wish I’d learn from Mr.Crash (CP Teh) be ready with cash and jump in to buy J

There were many learnings and mistakes that I made. I wanted to list down three most common and give an example that come through my mind.

1)      Panic sell

In those negative events, I sold good fundamental stocks such as GADANG, KESM and MMSV.

The share price now more than double the price that I sold.

2)      Took profit too early

One that still hurt is CONNECT-PA. I knew CONNECT should doing well in 2017 and I bought CONNECT-PA at 0.025 and sold at 0.08. Good profit but look at the price today, over 0.20.

3)      Overconfident / Fall in love with the stock

Once I had YSPSAH that went up for 10 consecutive days. I took it for granted and in the end I cut loss 15% below my entry price.

I am sure I will continue to make mistakes but I hope for every one mistake, I would be able to make ten better trades. My portfolio has realized plus unrealized gain of around 90% as of now. I am happy but not proud as I know many people made a lot of money in this bull market. Stock investment is not just a “tool” that I hope can provide part time income.

I started investment out of interest and passion. I spent a lot of time study company businesses in details and follow local and external news. I also study FA and TA as my strategy of picking share is the stock must have good FA and use TA to plan my entry and exit points. I also like to hang around in i3. There are a lot of sifus that one day I would like to meet in person. People like otb, icon8888, rchi, duit & kyy.

I thank you for spending your precious time to read this up and I wish you have a profitable year.

Sincerely,

AllWin