MrMochi

MrMochi | Joined since 2020-08-06

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2020-10-20 13:56 | Report Abuse

If you want to buy warrants, 7 months is not bad if you're playing the up/down. Just be sure to kill the position or trade into a different one on the 2nd last month or so.

When buying, take into account the premium and breakeven price. If breakeven price is realistic in your timeframe and premium is low enough, you can shortlist the warrant for purchase. Then see your risk appetite how when it comes to conversion ratio.

Very easily can lose money in short term if mother share spikes down (got burned during the September vaccine spike), so you may want to have funds available for DCA.

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2020-08-28 18:20 | Report Abuse

The real sohai is people who make an account called 'hartasohai' just to call harta sohai... don't dare to play your own account to badmouth others, go home la

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2020-08-18 20:29 | Report Abuse

Hello! Newbie investor here, joined the game late June when TG was like 15 bucks. Been following all 4 glove forums, and of course TG was the most active. Don't say HLT with Mikey who constantly posts updates on bid/ask when really, what real trader doesn't have this info handy?

TBH I have the capital to ride the waves, about 50k of savings. It's been really interesting to see the types of people who are playing the markets. Generally categorized it is: aunties/uncles who are also new and don't have the flexibility to learn/trade/be online, the old investors who believe fundamentals are everything, the new investors who are learning fast but market sentiment is everything in KLSE, the clueless newbies who ask all kinds of questions that can be answered by Google, and the gamblers who do nothing but HUATHUATUPUPDOWNDOWN based on their positions.

Find it really pointless to post things that don't actually mean anything (HUAT AH UP AH DOWN AH RUN AH BUY AH knn this not whatsapp ok), but I love reading people who put SOME thought into what they're saying. Maybe it's backed by fundamentals, maybe by experience, maybe they just talking out their ass but have some numbers to logic their argument.

All I can say is Topglove, no need scare vaccine. 1b revenue is locked in for 2 years. LOCKED IN. People confirm order already. Why scare about vaccine? Fundamentally, the revenue is already there. Don't even talk about vaccine killing glove; doctor still use glove to administer vaccine. Hospital staff still use glove for hospital use. It's hilarious to drop shares from vaccines that may or may not work, may take 2 years to test efficacy and safety.

Yeah yeah in 2 years sales will drop every stock will die... but that means there's 2 YEARS to earn money no? That's a loooong time for short term traders. Very long, when you consider one DAY stock price can shoot or die 30-100% (depend on pricing). Earn from the IB, earn from the fund. All of us ikan bilis should be fighting the banker. Never go casino before ka, we all hoot kau banks only...

My advice to new traders is, if you have a question, Google first. Sure can find answer.
Secondly, buy when it's down. Don't chase high. I get trap in warrants because I buy during the high. Last week wanna sell my ass to buy more, because I believe it will come back. Today strong show all warrants 20-50%, so sad see it go up slowly still red.
Thirdly, buy strong stocks. Don't goreng penny stocks if you don't know. At the very least do some research on support levels, on what the company future is like, on how long they been doing business. Simply follow trend can work only if you cap your profit taking level, and your stop loss level. Dunno what all that means? Google.
Fourth... never play with leverage. Never borrow or use margin to buy if you noob. See big red number, you will scared and lose money. Glove stock easily can play 30% a week if you smart. 1k become 5k in a few months. Smart la.

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2020-08-18 15:17 | Report Abuse

@phanghc24 Maybe fear from new covid strain. Maybe Topglov EGM. Maybe the banks finally gave up pushing price and sailing. Who the heck knows! Haha