Posted by MoneyMakers > 20 minutes ago | Report Abuse
Final hour to laugh at AngTKlown ‘empty tin milo’ stmt
Really nxt level braindead - almost spit out/spray my tea laugh this morning kahkahkah


“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
-------------------

Aiyo I think I know why MM seems so stoopid liow. I suspect her English fail also.

MM ah, do you understand what is meaning "medium of exchange currency" used in the above sentence? Wahahahahahaha........... MM's English fail la.......... no wonder she doesnt understand this statement and still want to argue. Wahahahahaha.... really old reetarded fool no wonder la.... so funny.... MM ah please attend some English lessons and use more google search la..... WAHAHAHahahahaaaaaaaa.......

Posted by MoneyMakers > 8 minutes ago | Report Abuse
Final hour to laugh at AngTKlown ‘empty tin milo’ stmt
Really nxt level braindead - almost spit out/spray my tea laugh this morning kahkahkah
———
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
----------------------

OMG MM can disagree with this statement. Professional already explain until mouth dry liow so still so stoopid. Freaking sh*t for brain. MM please get your brain checked. Really got this type of dumb shameless people clowning publicly. Lose money on stock market its ok dont lose your mind also.

Posted by MoneyMakers > 6 hours ago | Report Abuse
AngTK U misunderstand Iran isnt outlier - now less country trade gold bcoz every country want keep their gold
Gold is ultimate asset of last resort (emergency)
===> Gold is primarily used as a store of value, not for payment.
===> How many % of global trade is using gold as settlement compared to currencies? MM's Iran oil is an outliner case. Gold still needs to be converted into currency first for trade settlement during desperate economic times. If BNM converts their gold reserve in currency reserve, BNM will be sending signal that they are financially very desperate.

Gold is reason why USD is ‘reserve currency’ (US has world’s biggest gold reserve) - not coincidence Top 3 superpower
(US/Rus/China) also Top 3 biggest gold reserve
===> Superpower in what? Economics or military? Holding plenty of gold bars can make a country a economic superpower? Is Russia an economic superpower? Check Russia's GDP first la.
===>Gold was the reason why usd became reserve currency under Bretton Woods Agreement. But this agreement was broken in 1971. It was the Petro Dollar System made in 1970s that made usd maintain its reserve dollar status, not gold. (MM's history fail also).
===> USA has not been adding to their gold reserves since exit of Bretton Woods System in 1970s. USA have huge economic advantage of having the reserve currency status.
===> China and Russia has been adding their gold reserves largely due to distrust in foreign fiat currency system and find gold as a good store of value that cannot be printed out from thin air. There is no counter-party risk by holding gold. The gold bars held in China and Russia's own gold vaults cannot be financially sanctioned. Ask Russia what happen to their forex reserves after invasion of Ukraine.
***********************


MM's facts are wrong and still dare to try to be smart in i3. Please la its ok to be less knowledgeable. But dont try to action here when you are already so stooopid.

Posted by Mikecyc > | Report Abuse
Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha

ATK FULLY AGREES WITH MIKECYC THAT MM IS THE ONE AND ONLY TIN KOSONG HERE.

Posted by MoneyMakers > 5 hours ago | Report Abuse
As expected AngTK only got empty talk (no info/fact) - like his ‘empty tin milo’ head kahkahkahkahkah
———
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”

----------------------


MM is the only stoopid fella think sellers will accept gold as payment. Need to be exchanged into a currency first la. Really a dumb fella. Wrong already still can laugh at herself. Confirm got mental issues liow.

Posted by MoneyMakers > 13 minutes ago | Report Abuse
Whatever lo AngTKlown - totally phobia kikiki
Ur ignorance always amusing but today definitely funniest this yr - think gold/sdr no trading value kahkahkah
-----------

Aiyo MM English comprehension fail. Of course gold as an asset to store value has got value. But gold has to be exchanged into a currency first before making any purchase. So simple you also duno meh? You try importing a container of products from china supplier then tell them you want to pay them in gold see they slap MM or not. Bring some gold to buy MM's second hand scooter see the shop slap you or not. Retired accounting clerk fail accounting + no business and financial sense

Posted by MoneyMakers > 56 minutes ago | Report Abuse
AngTK Its good u phobia give opinion (can only empty talk)
Better silent instead of embarrass urself further kikiki
---------------

Past 10pm liow. MM both stoopid and lazy doesnt bother to find out the real answer for her wrong facts.

ATK: Aiyo your accounting fail la MM and always putting words into my mouth again. The issue in discussion here has been currency reserve, not other national assets. No one is saying those other assets are not assets. For trade imports purposes, those other assets cannot be used yet. Already explain until my mouth dry liow MM still so stoopid and stubborn. BNM's books clearly stated currency reserve as usd99.2B but you want to argue its usd111b as currency reserve. You kok eye is it? Or you are claiming BNM doing wrong accounting?

MM: think gold/sdr no trading value kahkahkahkahkah
-----------------------

First of all, dont not put words into other people's mouth.

The real facts are for deluded people like MM to find out. Really stoopid ridiculous "facts" she can give, then claim oyhers wrong.

Aiyo who scared who ah? ATK finish spa now having buddha jump wall for dinner with family. Aiya MM got no family no friend dont even have any online friends cannot even afford a date with vietnam gf. MM must be too poor eating sh*t for meals now brain full of sh*t n talking sh*t. Throw you a chicken bone. Here. Roll on the floor n laugh at your own stoopidity again. Before 10pm hand up your homework to me abt your wrong "facts" Professional busy now the abalones are yummy.

Deluded MM ah your "facts" are wrong. Thanks for entertaining everyone with your stoopidity. Go n do more research first before you post nonsense.

MM you bought today at closing? Price drop back from 4.18 to 4.13 good buy leh... Hahaha

Aiyo MM you are below amateur level n talking rubbish abt gold n usd reserve currency la. Homework for noob MM to research why central banks are buying gold + why usd is the reserve currency. Tonight report back to i3. Hahaha.

Posted by MoneyMakers > 18 minutes ago | Report Abuse
AngTK U misunderstand Iran isnt outlier - now less country trade gold bcoz every country want keep their gold
Gold is ultimate asset of last resort (emergency)
Gold is reason why USD is ‘reserve currency’ (US has world’s biggest gold reserve) - not coincidence Top 3 superpower (US/Rus/China) also Top 3 biggest gold reserve
Noobs (empty tin milo) like u dont understand power of gold
--------------------------

Aiya MM living in stone age time is it? Your deluded reasons are wrong. So dumb trying to act smart here. Go and google then come and report to professional la. MM ah you really Tin Kosong. Hahaha

MM ah, GenB today got power leh. Buy some more to average down your cost la :P

Posted by MoneyMakers > 45 minutes ago | Report Abuse
AngTK Iran accept direct ‘gold payment’ for its oil leh
Gold is very precious asset - thats why most country own gold as reserve (can directly trade or sell for usd)
Noobs (empty tin milo) like u wont understand importance of gold
--------------

Aiya Iran accept gold for oil is one outliner example only la. All other import trades need currency reserves to settle. Countries own gold for many other reasons, not because they want to buy Iran oil or use it to settle import trades la. MM really a noob and dumb trying to act smart.

MM wrong already keep quiet dont be a fool here show everyone you are very stooopid Tin Kosong.

Posted by MoneyMakers > 47 minutes ago | Report Abuse
AngTK This post proves ur 100% empty tin milo bang loudest kahkahkah
—————


“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”


OMG MM can disagree with this statement. Freaking sh*t for brain. And she can laugh some more. Please get your brain checked. Really got this type of dumb shameless people clowning publicly. Lose money on stock market its ok dont lose your mind also.

Posted by MoneyMakers > 1 hour ago | Report Abuse
AngTK Dont sourgrape alrdy nice profit during Mar bank panic (4.4-4.7)
----------------

Aiya once every few years only. Monkey throw darts also will hit the dartboard sometimes la. ATK had over 10 rounds of trading profit trading this stock netting several 7 digit returns in MYR but honestly those trading profits are small small only la. ATK's other huge investment making multiple fold returns already that one really win big big money. ATK will sourgrape MM's meagre trading profit? More likely the other way round la hahaha....

Posted by MoneyMakers > 51 minutes ago | Report Abuse
Very big laugh at AngTK - think gold/sdr no trading value..really roll on floor type laugh kahkahkah
----
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
------------------------

Aiyo your accounting fail la MM and always putting words into my mouth again. The issue in discussion here has been currency reserve, not other national assets. No one is saying those other assets are not assets. For trade imports purposes, those other assets cannot be used yet. Already explain until my mouth dry liow MM still so stoopid and stubborn. BNM's books clearly stated currency reserve as usd99.2B but you want to argue its usd111b as currency reserve. You kok eye is it? Or you are claiming BNM doing wrong accounting?

Give dummy MM a simple anology here la. MM's wallet left rm5 but you want to buy nasi lemak. Not enough money so you give your casio watch to the hawker tell them market price is worth rm20. You see the hawker will slap MM or not? Really a dumb fellow.

Posted by Mikecyc > 3 weeks ago | Report Abuse
Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha
--------- ----


MM the orignal Tin Kosong lose on factual matters already will start another new nonsense really eat full no sh*t to fart. Financially poor and old retiree can only be online warrior. Pathetic.

Posted by MoneyMakers > 7 minutes ago | Report Abuse
Aiyaa fangirl 1invest1 ur worse (totally brainless) version of AngTK
Totally useless nvr have own idea - only here 4 emotional support
At least AngTK ignorance (empty tin milo bang loudest) make me laugh kikiki
-------------

Aiya MM you this type of loser behave like spoilt brat. Lose already will start new nonsense. But for this case, MM is an old retiree spoilt brat. Young that time never get slapped harder now come online kena slapped everyday.

Posted by MoneyMakers > 18 minutes ago | Report Abuse
AngTK Anyone can simply call someone ‘tin kosong’
But u 100% proven ‘empty tin milo bang loudest’ with this statement kahkahkahkahkah
--------
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
----------------

Aiya tin kosong MM you can try requesting trade exporters to accept your gold, SDRs, IMF Reserve Position as payment for imports la . Those are not classified as currency reserves yet la. Retired accounting clerk MM fail accounting. The discussion has been currency reserve all along.

Posted by Mikecyc > 3 weeks ago | Report Abuse
Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha
---------
Posted by MoneyMakers > 1 minute ago | Report Abuse
AngTK Ur ignorance truly laughable
Perfect example ‘empty tin milo bang loudest’ kikiki
------------------


Aiya there is only one original and real tin kosong here la. This one not ATK ownself say one. Other people declared MM is Tin Kosong. Power!!! Hahaha.......

Posted by MoneyMakers > 5 seconds ago | Report Abuse
AngTK Gold/SDR anytime can sell get usd leh - then use pay 4 imports lo aiyoyo
Soo silly/clueless kikiki
------
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
------------------------------


You are too stoopid to be educated. Dont waste my time.

Posted by newbie2019 > 48 seconds ago | Report Abuse
are u loading Sifu ATK?
----------

I was only explaining how to think ahead of the crowd on my earlier post using my last closed GenB trade as an example. The market is smart, good traders move along with it.

Inflation is about to show a big drop and investors should load up on stocks ahead of this week's CPI report

https://markets.businessinsider.com/news/stocks/stock-market-outlook-cpi-inflation-drop-sp500-rally-this-week-2023-7

-----------


Market anticipating a low CPI tonight hence already started to move up. Last month ATK exited position right after low CPI report when the market was still bullish. Luckily sold decisively on that day. The selldown after that was fast, then kena stuck liow.


,

Posted by MoneyMakers > 49 minutes ago | Report Abuse
Here comes AngTK spin/BS again - proven wrong lose face fast2 change topic kikiki
Dont want repeat old topic - alrdy prove u wrong last time
--------------

Posted by i3lurker > 1 week ago | Report Abuse
This feller always wants to win arguments
once you do this ... nobody tells you anything real in real life one
and you are forever just book theory ONLY
=> I just ignored him and he thought he won argument.
Always happens like this.
then he carries fake info around for years and years and thinks himself so grand encyclopedia.
while we are doing oil trading 24 hours.
Where got start 9/9:30 one? silly bugger
plus other things real life like trends ......... while he still remains book theory trends
we do REAL trends :)
--------------

Posted by i3lurker > 1 week ago | Report Abuse
You are unable to realise that people dun think about you at all.
Its not all about you, thats why I always ignore your fake statements
=> Your mind cannot process info that nobody remembers you
In trauma thereof you claim people caught lying
bleh !!!

***************************


IN TRAUMA THEREOF, MM WILL ALSO CLAIM SHE HAS PROVED OTHERS WRONG.

Hahaha....

Posted by MoneyMakers > 29 minutes ago | Report Abuse
Here comes AngTK spin/BS again - proven wrong lose face fast2 change topic kikiki
Dont want repeat old topic - alrdy prove u wrong last time
-------------------

Aiya ATK already proved MM wrong and slapped MM's face so many times until her face swollen. Then MM will say she has a fat prosperous face and she is always right. Hahaha...

Already proven so many times MM spinning BS and lies. MM already totally no face liow then sore loser MM in trauma will start accusing other wrong and she "proved" it with her own twisted logic and stoopidity. Aiya shameless people all behave like that one la.

Posted by AngTayKor > 1 day ago | Report Abuse

No wonder FF run road n forex shorties' fav target. Not much bullets left to defend MYR. If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports
--------------------

Posted by MoneyMakers > 1 minute ago | Report Abuse

AngTK Let me simplify 4 dummies/fangirl final time
U complain MY reserves ‘dangerous low’ under 100Bil - scared become Sri Lanka
===> MM making assumptions again. ATK is not complaining. Im a foreigner. BNM low in forex reserves not my problem. MM has been the one complaining FF run road.

If want see country healthy or not, should see ‘OVERALL international reserves’ correct mo - (Answer: correct)
===> Again you are making assumptions here. The exact words ATK used and posted were "reserve currency to do trade imports". Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)

Whats MY ‘OVERALL international reserves’ - (Answer: 111Bil)
===> You are spinning into another asset category to justify yourself. Prior discussions has been strictly on currency reserves only. We are not counting BNM's other assets like gold, SDRs, IMF Reserve Position, other assets (Answer: BNM's currency reserve is indeed usd99.2B)

111Bil ‘OVERALL reserve’ above ur 100Bil limit right - (Answer: Yes)
===> You are making assumptions again. There was no limit whatsoever mentioned earlier. For a country like Malaysia, BNM having currency reserve at usd99.2B is very weak (Answer: No)

Is MY reserves ‘dangerous low’/become Sri Lanka - (Answer: No)
===> This is where you English comprehension fail again. The exact words used and posted were "If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports". See the word "if"? To successfully defend currency need a very huge war chest and the willingness to sacrifice multi-billions. It will be very foolish for BNM to commit a huge war chest to sacrifice and spend tens of billions to defend MYR. (Answer: MM's comprehension fail)

Is AngTklown a Klown - 100% YES kikiki
===> We all already know MM is the real clown here spinning BS everyday entertaining us here. Hahaha...

.

Posted by AngTayKor > 1 week ago | Report Abuse

Posted by MoneyMakers > 5 minutes ago | Report Abuse
AngTK Dont be ridiculous shorts cannot fight BNM
BS long2 rm short blablabla - nxt day BNM announce intervention
Think BNM announce to prove ur BS kikiki
----------------

ATK: Aiya you too amateur la if shorts cannot win why MYR end up so jialat and traders who have been shorting MYR profited handsomely? It is long been in BNM's mandate to keep MYR stable but you see MYR chart for yourself la. You ask George Soros whether shorting currencies can make money or not.... MM really an amateur BS everyday here hahaha...


----------------

"Dont be ridiculous shorts cannot fight BNM" - MM

Aiyo you see for yourself how dumb MM really is. Very difficult to educate dumb amateur.

Posted by MoneyMakers > 1 week ago | Report Abuse
AngTK I alrd give own data prove u wrong
Now BNM prove u wrong (no ‘short covering’ after announce intervention = no/minimal shorts)
Even ur own article never say ‘neg carry’ as main reason - just 1 of many
Proven wrong by many - but still can BS long2 aiyoyo
Ur perfect example of narcissistic egomaniac (mental illness
-----------------

Posted by AngTayKor > 5 days ago | Report Abuse

Monetary Policy Statement
Thursday, 6 July 2023
At its meeting today, Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain Overnight Policy Rate (OPR) at 3.00 percent.

No Action Talk Only. Just like MM, complain here so much but no action. No wonder MYR shorties not scared of toothless + clawless tiger BNM always so dovish. FF run road to stronger and better yield currencies not surprising.
---------------


Deluded MM can claim she "proved" ATK wrong abt BNM when things have already unfolded and proved that MM was wrong. BNM's attempted hawkish words a week ago was trying to call a bluff for short covering which currency traders already can easily see through it hence no short coverings. Currency shorting whales are fully aware of BNM's extremely weak forex position and know very well BNM cannot afford to continue losing billions of precious forex reserves to defend MYR. The strongest ally currency shorts have on their side is MYR's negative carry VS reserve currency USD. And our deluded amateur MM is still insisting weak MYR is due to PH Madani hence FF run road and prefers PN as federal govt. MM ah, you are really a shameless silly old retiree spinning stories, BS and making false accusations everyday when you have been proven wrong.

https://www.bnm.gov.my/-/bnm-statement-of-assets-liabilities-30-june-2023?inheritRedirect=true&redirect=%2F-%2Finternational-reserves-of-bank-negara-malaysia-as-at-30-june-2023


Retired accounting clerk MM go n see the last table which states "foreign currency reserves" at usd99.2b. We are talking abt currency reserves, excluding gold, SDRs, IMF reserve position, other assets. Deluded MM just want to argue over a different issue she spin out n start falsely accusing others wrong. Really a reeetard.

Old retiree MM always so lazy needs be spoon fed by professional trading strategies like cutloss, price action, arbitrage, ets. Always waiting to be spoon fed. How to trade well like that? No wonder only know how to use amateur evil bad karma tactics.

Only 3.78% of this stock's transacted volume today are declared RSS shorts.

Short Selling Trade Detail By Stock For 11/07/2023

Stock Code Short Name Long Name RSS Value(RM) RSS Volume
3182 GENTING GENTING BHD 266,328 64,800

Posted by ClaraChan94 > 14 minutes ago | Report Abuse
Shorties will cover back Genting shares one, don't worry
---------------

ATK has been monitoring daily RSS declared shorts. There are very little volume of daily declared shorts for a long time. I think the selling more likely from FF selling KLCI which has been on going for months. Any small rebound, will kena another wave of selldown again. GenB biz is a politically sensitive sector (casino), hence maybe after election uncertainty is over then see how liow.

https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_rss_2023-07-10.pdf?t=1689072084

Posted by MoneyMakers > 2 minutes ago | Report Abuse
Here comes AngTK spin/BS again - proven wrong lose face fast2 change topic kikiki
Say many times just stay in ur kiddy pool - dont bother grownups
----------------

Aiya MM spinning stories and putting words into my mouth because her English comprehension fail. Cannot take trading loss then dont punt at stock market la.

Posted by AngTayKor > 18 hours ago | Report Abuse

No wonder FF run road n forex shorties' fav target. Not much bullets left to defend MYR. If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports
-------------------

Posted by MoneyMakers > 6 minutes ago | Report Abuse
AngTK U relate MY low reserves to Sri Lanka bankruptcy
Ofcos need see ‘OVERALL international reserve’ (111Bil) if want measure country health - correct hor
Always need explain 1by1 to children aiyoyo
--------------



Aiyo MM your English comprehension fail la, worse than primary school children. Or your part-time job sell roti prata is it?

Posted by MoneyMakers > 3 minutes ago | Report Abuse
AngTK Finally u read whole article (overall reserve 111Bil) - not just their ‘misleading title’ kikiki
-----------------

Finally MM read the whole article which also mentioned "reserves have dipped below US$100.0 billion". But obviously MM still doesnt understand the essence of that article: Malaysia has very low forex reserves.

<<KUALA LUMPUR: Bank Negara Malaysia's foreign currency reserves have dipped below US$100.0 billion for the first time since November 2022, partially due to its intervention in the foreign exchange (forex) market.

The reserves dropped by US$1.1 billion or 1.1 per cent month-on-month (MoM) to US$99.2 billion as of June 30 this year, according to Kenanga Research.

This reflects Bank Negara's intervention in the forex market and loss from the quarterly foreign exchange revaluation, due to a 0.4 per cent rise in the US dollar index (DXY) on a quarterly basis, the firm said today.

As a result, Bank Negara's overall international reserves remained on a downtrend for the third straight month, declining by US$1.3 billion or 1.1 per cent MoM to a seven-month low of US$111.4 billion as of June 30.>>
---------------------------


Up to you to read and interpret la. "reserves have dipped below US$100.0 billion", "overall international reserves remained on a downtrend for the third straight month, declining by US$1.3 billion or 1.1 per cent MoM to a seven-month low of US$111.4 billion"

The essense of the entire article is: BNM's foreign reserves are very low. This MM always want to argue for the sake of arguing. Aiya evil bad karma punter lose money in stock market liow will behave like that one la.

Taylor Swift Lyrics - "Karma"

You're talking sh*t for the hell of it
Addicted to betrayal, but you're relevant
You're terrified to look down
'Cause if you dare, you'll see the glare
Of everyone you burned just to get there
It's coming back around

And I keep my side of the street clean
You wouldn't know what I mean

'Cause karma is my boyfriend
Karma is a god
Karma is the breeze in my hair on the weekend
Karma's a relaxing thought
Aren't you envious that for you it's not?
Sweet like honey, karma is a cat
Purring in my lap 'cause it loves me
Flexing like a goddamn acrobat
Me and karma vibe like that

Spiderboy, king of thieves
Weave your little webs of opacity
My pennies made your crown
Trick me once, trick me twice
Don't you know that cash ain't the only price?
It's coming back around

And I keep my side of the street clean
You wouldn't know what I mean

'Cause karma is my boyfriend
Karma is a god
Karma is the breeze in my hair on the weekend
Karma's a relaxing thought
Aren't you envious that for you it's not?
Sweet like honey, karma is a cat
Purring in my lap 'cause it loves me
Flexing like a goddamn acrobat
Me and karma vibe like that

Ask me what I learned from all those years
Ask me what I earned from all those tears
Ask me why so many fade, but I'm still here
(I'm still here, I'm still here)

'Cause karma is the thunder
Rattling your ground
Karma's on your scent like a bounty hunter
Karma's gonna track you down
Step by step, from town to town
Sweet like justice, karma is a queen
Karma takes all my friends to the summit
Karma is the guy on the screen
Coming straight home to me

'Cause karma is my boyfriend (Karma is my boyfriend)
Karma is a god
Karma is the breeze in my hair on the weekend (Weekend)
Karma's a relaxing thought
Aren't you envious that for you it's not?
Sweet like honey, karma is a cat
Purring in my lap 'cause it loves me
Flexing like a goddamn acrobat
Me and karma vibe like that

Karma is my boyfriend
Karma is a god (Ah)
Uh-huh, mm
Karma's a relaxing thought

Posted by MoneyMakers > | Report Abuse
Ding3 back to old 4.5 range - hopefully drop much2 lower
Here no local support (sin biz) - foreign dump GenT die
---------------


MM ah you used to fear monger here so much, why you still bought genting leh? Was hoping to buy cheaper is it? You ah... very evil black heart la. Now cheap become cheaper and even cheaper your wish really come true liow. Casino is sin biz PAS coming wor...

Next time dont be so evil la now kena bad karma.

Posted by 1invest1 > 21 hours ago | Report Abuse

https://www.nst.com.my/business/2023/07/929279/intervention-pushes-bank-negaras-foreign-currency-reserves-dip-below
--------
Posted by MoneyMakers > 57 minutes ago | Report Abuse
AngTK Free lesson today 4 dummy
1) Sri Lanka bankrupt not bcoz defend currency
2) “BNM's overall international reserves declined to 7month low of US$111.4 billion as of June 30” (not under 100Bil)
Silly fella kikiki
-------




Everything is already inside the article posted incl what you just "copied n pasted" here abt BNM. Dont try to act smart here la MM really comprehension fail. Really a silly old retiree.

 Posted by MoneyMakers > 53 minutes ago | Report Abuse

AngTK Free lesson today 4 dummy

1) Sri Lanka bankrupt not bcoz defend currency
--------

Please la everyone also know this. Your comprehension really fail. Hahaha

CPI data tomorrow night 8.30pm. Last month professional took advantage of the post CPI next day morning rally and exited decisively. Heng, else now jialat.

Posted by MoneyMakers > 7 minutes ago | Report Abuse
AngTKlown Ur too ‘young’ to challenge me in anything
Past week alone me/bank negara/US market/NFP prove u wrong 4 different topic
Usually ‘3strikes ur out’ - but ur Klown makeup soo thick still dare show face/trashtalk here kikiki
--------------


Aiya job data abt 5% below expectation only.... ATK not a god my anticipations may be wrong also. You always correct? Your BNM, US market correct also? Dont slap your own face until swollen big big then tell others you have a prosperous fat face la. Hahaha....

Posted by MoneyMakers > 1 minute ago | Report Abuse
Crazy AngTKlown lastnite even think MY gonna bankrupt like Sri Lanka kikiki
"If spend billions defend currency, going to become like sri lanka no more reserve currency to do trade imports”
---------------


Aiyo this MM's comprehension really fail. See the word "if spend billions"???

100b left it is indeed a dangerous low level of forex reserves liow.

3. Neglect
When stock portfolios are doing well, investors often tend to them like well-maintained gardens. They show great interest in managing their investments and harvesting the fruits of their labor. However, when their stocks are holding steady or are dropping in value, especially for longer-term periods, many investors lose interest. As a result, these well-maintained stock portfolios start showing signs of neglect. Rather than weeding out the losers, many investors do nothing at all. Inertia takes over and, instead of pruning their losses, they often let them grow out of control.

4. Hope Springs Eternal
Hope is the belief in the possibility of a positive outcome, even though there is some evidence to the contrary. Hope is also one of the primary theological virtues in various religious traditions. Although hope has its place in theology, it does not belong in the cold, hard reality of the stock market. In spite of continuing bad news, investors will steadfastly hold onto their losing stocks, based only on the faint hope that they will at least return to the purchase price. The decision to hold is not based on rational analysis or a well-thought-out investment strategy, and, unfortunately, wishing and hoping a stock will go up does not make it happen.


Often you just have to bite the bullet and sell your stock at a loss before those losses get bigger. Hope is not a strategy, and an investor has to have a logical reason to hold a losing position. What you paid for a stock is irrelevant to its future direction. The stock will go up or down based on forces in the stock market, the stock's underlying fundamentals, and its future prospects.

Trading Skills Trading Basic Education
The Art of Cutting Your Losses


One of the most enduring sayings on Wall Street is "Cut your losses short and let your winners run." Sage advice, but many investors still appear to do the opposite, selling stocks after a small gain only to watch them head higher, or holding a stock with a small loss, only to see it lose even more.

No one will deliberately buy a stock that they believe will go down in price and be worth less than what they paid for it. However, buying stocks that drop in value is inherent to investing. The objective, therefore, is not to avoid losses but to minimize losses. Realizing a capital loss before it gets out of hand separates successful investors from the rest. In this article, we'll help you stand out from the crowd and show you how to identify when you should make your move.
Key Takeaways

Although stock market indexes typically move higher over longer periods of time, individual stocks don't always keep pace and many less successful ones can suffer long periods of losses.
It is not uncommon for individual investors to hold losing stocks, expecting a turnaround, only to see it fall further still.
In a worst-case scenario, the company goes bankrupt.
Having a written plan will help you decide when and why a losing stock should be removed from the portfolio.
Stop loss orders can be used to automatically exit a position and take a loss when a stock turns sour.1

Holding Stocks With Large Losses

In spite of the logic for cutting losses short, many small investors are still left holding the proverbial bag. They inevitably end up with a number of stock positions with large unrealized capital losses. At best, it's "dead" money; at worst, it drops further in value and never recovers. Typically, investors believe the reason they have so many large, unrealized losses is that they bought the stock at the wrong time. They may also believe that it was a matter of bad luck, but seldom do they believe it is because of their own behavioral biases.

1. Don't Stocks Always Rebound?
A glance at a long-term chart of any major stock index will see a line that moves from the lower-left corner to the upper right. The stock market, over any long-term period, will always make new highs. Knowing that the stock market will go higher, investors mistakenly assume that their stocks will eventually bounce back. However, a stock index is made up of successful companies. It is an index of winners.

Those less successful stocks may have been part of an index at one time, but if they've dropped significantly in value, they will eventually be replaced by more successful companies. The indexes are always being replenished by dropping the losers and replacing them with winners. Therefore, looking at the major indexes tends to overstate the resiliency of the average stock, which does not necessarily bounce back. In fact, many companies never regain their past highs and some even go bankrupt.

2. Refusing to Accept Blame
By avoiding selling a stock at a loss, many investors do not have to admit to themselves that they've made a judgment error. Under the false illusion that it is not a loss until the stock is sold, they elect to continue to hold a losing position. In doing so, they avoid the regret of a bad choice. After a stock suffers a loss, many investors plan to hold onto it until it returns to its purchase price. They intend to sell the stock once they recover this paper loss. This means they will break even and "erase" their mistake. Unfortunately, many of these same stocks will continue to slide.

No wonder FF run road n forex shorties' fav target. Not much bullets left to defend MYR. If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports

Today morning still got some steam, closing no power.

Posted by MoneyMakers > 25 minutes ago | Report Abuse
Congrats PH madani FF nonstop run (bursa/rm laosai)
KL: FF continue selling streak on Bursa for 12th consecutive week
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Then why you didnt sell together with FF? Complain here no use. Take action. Follow the trend.

Professionals cutloss decisively. Amateurs always whine, complain, hesitate n hoping for the elusive rebound. The first trading skill amateur traders need to learn is to cutloss decisively when wrong. Get out of bad trades. Cheap can get cheaper and cheaper, then even cheaper. Never become an involuntary long term investor.



"Cut your losses. Cut your losses. Cut your losses. Then maybe you have a chance."

-Ed Seykota

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Posted by MoneyMakers > 10 minutes ago | Report Abuse
Another boring day/week - FF run no comeback
Tq PH madani bursa/rm laosai
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Aiya MM KBKB here also no use. FF run road due to MYR negative carry. Election coming. Tiong tourists not coming back anytime soon. There is no bullish catalyst now and full of headwinds to drag share price lower. Professionals will also kena bad trading positions but they take action and cutloss decisively. Trading losses are common la best to keep them small and manageable. Next trading opportunity can easily make back the small loss + profit. MM waited and hoping for rebound over 2 months liow still hoping. There were several small rebounds over the past 2 months but you didnt act quickly. Later market selldown again you will miss the exit chance and losses balloon bigger.