rchi .. oh i was thinking of the mum breaking 5.5 !! noted with thanks on CE :) don't take leave .. u can spend and earn more simultaneously :)

LTH buying KSL everyday like mad also does not mean QR is good !!!

how to be FOR SURE ??? i always hear this but i left-in-right-out :) if things are FOR SURE so easily, then everyone can sit side-by-side with jack ma on first class !!!

hi rchi .. i was preparing to buy when price breaks 5.50 cuz this is where the 200EMA on 60m chart hindering the move-up :(

if u have a stop and am comfy to stick with it, then nothing to do !!! but say if i want to trade short-term, the risk reward based on your buy and stop is not attractive at all ... risking 0.15 to earn 0.10 :(
this is negative risk reward ... yes, price may break the major swing high but the question is when ???

https://invst.ly/4vlce

u entered 2.2, what is your stop loss level ???

if u are trading the daily chart, then use the daily candle close to trail ! nevertheless, there are many ways to trail u gotta go with the one that best suits u ..

liLwaBit .. there is never a guarantee but more often than not if u see price is very far away from 20EMA on daily, there is a likelihood it will be adjusted back to mean aka mean reversion .. if u have entered low and intend to ride the trend, then just trail your stop accordingly eg move your stop up to previous candle low until the market takes u out !

rchi .. congrats on all the winners lately :)

duitttt .. i am fine !! tot u were taking a break ?? but actually trading quietly eh ???

those who have entered serbadk low, trail your stop !! for me, i wud like to see following actions to look for entry opportunity cuz the price on daily is far from mean .. failing which (ie uptrend movement continues), there will be no setup for me :(:(

https://invst.ly/4vkyi

duit ... those with passion in what they are doing will transform from the worst to the best !!!

price is very far away from the mean on 1H chart ... double-bottom seen on m15 ... short-term may kembang ie for 1H to catch-up the mean price ??

wah rchi .. so good ah your ATM !!! congrats

LTH bila nak kembang ??? hari-hari no kembang no kecut .. status-quo :(:(

http://klse.i3investor.com/servlets/stk/annchsh/5038.jsp

hahahaha duit ... wah today talk macam x-rated !!

sure duit .. i will bear-hug him for ya :)

kecut then die lor ...

what if the kembang besar cannot last ...

hehehe rchi .. very similar to this one here :)

https://www.youtube.com/watch?v=uU3VWZlu-kw

if there are so many 'what-ifs', then don't touch anything .. simple strategy !!

rchi .. i only see my heart melting away now cuz my furbaby is too adorable n huggable n kissable :) aside from a probable correction, it's also a good idea for traders to stay away from QR season ... so folks, let's enjoy life outside bursa for a while !

hahaha how u know ?? he is busy biting my toes now :) okay, gotta go feed this precious now !! see ya tomorrow

aiyo .. PEning :)

say i go down to m60, last swing low 0.33 .. if i put stop at 0.32 buy 0.35 and sell 0.375 ??? negative RR ??? of course one may justify with whatever reason that price will break resistance with no pullback and soar (say tp 0.42) .. it can happen also !! u may buy if u like such approach :)

hahahaha duit ... aiya now means current price loh !!!

if u are thinking of buying sedania now, then it's a very aggressive approach cuz it's very near 0.375/0.38 critical level !!! why not wait for her to break this and then buy when there is pullback (which more-often-than-not will happen) ??

oh i see duit ... inverse correlation with crude !! but the only thing i hear is low PE and so good buy ?? :)

it's always easier to finger-point rather than admitting own silly trading decision !!!

but traders shud take note (not worry) of price fluctuation .. however, if one is armed with a trading plan, just cut and take profit accordingly .. in which case there is no need to sit on a rocking chair worrying :)

hehehe duit .. u read hengyuan forum then u won't be sleepy !! lots of drama :)

abangadik .. we love u too !! rock china with your charm :) all the best !

allwin ... i paid an expensive lesson to learn this :( furthermore; the anticipation of good QR was backed up by views / opinions of the FA folks :(:(:( u are most welcomed allwin !

hahaha ... now mr kyy don't want G-spot already !! too busy with his H(engyuan)ot-spot :):) wah aiming 400% untung ???

duit .. many kilo :)

this is one recent example why TECHNICAL trader shud not mess with QR release ... look at the bullish candles yesterday !! in anticipation of good QR ??? buy ??? then what happened the next morning ??? ouch, zoomed past cut loss level ??? yes, price may rebound if long-term investors come in to grab at low price ... or bottom-fishing traders help push up .. BUT what if the short-term buying strength is not strong enuf to push price back to your cut loss level ??? at times, staying sideline is also a good strategy .. it's not worth it to take this sort of risk ! what is your tot ? :)

https://invst.ly/4mewz


Jul 26, 2017 03:31 PM | Report Abuse
duit ... wud like to share these points with newbies who aspire to be traders and not followers :-
1) do not dabble with high-risk warrants; eg hsi
2) do not mess with counters with lots of controversies; eg fgv
3) do not buy when QR is just around the corner (any bad surprise u may not even have chance to cut at your price !) .. traders are NOT investors who will ride the storm from one bad QR result
4) set cut loss at 1% of your capital to stay in the market long enuf to find your edge (if not any big loss will wipe u out in a blink of any eye)
5) based on point (4), do your position sizing correctly .. eg buy price RM1 and cut loss RM0.95 with capital of RM50K .. u can buy 10,000 shares cuz if u cut loss it will cost u RM500 which is 1% of initial cap of RM50K (note i did not include fees like brokerage / stamp duty / clearing)
6) read up on money management .. fully understand it before u even decide on your trading style (position / momentum / swing)
7) accept that all trading styles have pros and cons .. there is no holy grail
8) stick to your trading style and forget about a hot counter that does not meet your set-up criteria (u don't have to follow the herd)

hellooooooooo duit :) buy me bentong ginger !!

wah i wonder if this kechara resort is pet friendly :)

to me ... abangadik has all the call-li :)

don't la abangadik .. we just cheer for them !!! all these investors also did a lot of hard work studying the counter and have valid reasons to go all out i guess :)

wah no turning back now .. all the way to 7 ah ??

hehehe so sweet this rchi :)

abangadik .. but this uncle's effect is fab !!! after his article, 6.60 was cleared in a blink of an eye :)

today read nothing but hengyuan !! how come rchi did not support kyy ?? :)

hi hawk ... yup forced to be a position trader now; awaiting mark-up stage :(

wow duit ... truly 100% brand loyalty !! salute :)

aiyo duit .. my ksl lagi worse !! neither up nor down and LTH is buying almost everyday ... macam mana ni ??? bonegor no help me goreng ... perhaps i shud put a time stop already :(:( huhuhu

duit .. nobody is perfect !! i embrace all be it your weak points or strong points .. in short, i will always treasure our frenship come what may :) and i sincerely hope u feel the same towards me cuz i am no angel also ..

hehehe so duit is a cat that meows gently and softly ... not like a dog that either barks or bites :)

duit .. so many winners !! congrats :) wah, abangadik still tired from honeymoon with darling wife ah ??? what is going on with versatl ?? broke resistance turned support at 0.945 ... hmmm see whether if there is any false break !! how nice if can see a long-legged pinbar later ..

duit .. traders are taking risks all the time cuz the best looking chart / setup may also fail !! but these risks are calculated and manageable aka beyond one's control (it's clearly written in one's trading plan) .. thus, why add on risks that one cannot control esp playing 2 and 3 ? eg buy in anticipation of a sterling QR but the opposite is released .. gap down the next morning with no chance to cut ... then a miserable rebound but not reaching the pre-determined cut loss level ... and finally consolidate for weeks / months at low price before further catalysts kick-in !


Posted by 稻田·* 片片绿青~粒粒芳香 > Jul 26, 2017 05:29 PM | Report Abuse
Can I raise my comment on your No.1,2 and 3.....
If we really want to skip all three(3) mean we are not taking risk in trading but away from the risk. One thing very concur with you is newbie gain no advantage to trade HSI........... Firmly agree on it.

rchi congrats on vitrox !!

ggecko .. may i ask why a cat and not a dog ? :)

duit ... wud like to share these points with newbies who aspire to be traders and not followers :-
1) do not dabble with high-risk warrants; eg hsi
2) do not mess with counters with lots of controversies; eg fgv
3) do not buy when QR is just around the corner (any bad surprise u may not even have chance to cut at your price !) .. traders are NOT investors who will ride the storm from one bad QR result
4) set cut loss at 1% of your capital to stay in the market long enuf to find your edge (if not any big loss will wipe u out in a blink of any eye)
5) based on point (4), do your position sizing correctly .. eg buy price RM1 and cut loss RM0.95 with capital of RM50K .. u can buy 10,000 shares cuz if u cut loss it will cost u RM500 which is 1% of initial cap of RM50K (note i did not include fees like brokerage / stamp duty / clearing)
6) read up on money management .. fully understand it before u even decide on your trading style (position / momentum / swing)
7) accept that all trading styles have pros and cons .. there is no holy grail
8) stick to your trading style and forget about a hot counter that does not meet your set-up criteria (u don't have to follow the herd)