ProfitMan

ProfitMan | Joined since 2013-09-12

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General

2016-06-05 12:28 | Report Abuse

mimi898, Comcorp turned in an improved performance with better profit margins for the year ended 2015. At a glance,it has improved in earnings from profits and also overturned a negative cash flow from operations to positive. So it augurs well moving forward. Its stock is sideways and ranging.

EG is also trading sideways between support at 0.81/0.815 and resistance at 0.925.

I am not in a position to advise on the long term prospects as you will need to look deeper into its FA.

General

2016-06-02 14:35 | Report Abuse

Connie, sorry to hear of your sis. I wish her well and my thoughts and prayers for her speedy recovery.

General

2016-05-26 08:26 | Report Abuse

mimi898, JHM remains bullish. It went through a healthy consolidation. 0.56 is a strong support. If it can clear 0.645, it is poised to re-test 0.675.

General

2016-05-20 12:36 | Report Abuse

Good afternoon Connie and all .... Happy Trading

Connie ... hehehe.....

General

2016-05-19 14:38 | Report Abuse

mimi898, Comcorp is consolidating sideways. Strong resistance ahead at 0.76 while good support at 0.67. It is currently range bound between 0.695 and 0.73. The stock looks a bit listless at the moment and likely more side way movement.

General

2016-05-18 14:24 | Report Abuse

Connie, ..hahaha ...yah.. u still remember that one ..hahaha

twobits, ...hahaha... connie's hubby may come after me with a golf club

General

2016-05-18 14:09 | Report Abuse

Connie, i am still one of your keen follower here ..hehehe...

General

2016-05-18 13:52 | Report Abuse

Bittergourd, you are absolutely right. Many times when i am wrong, i do cut loss and move on.

General

2016-05-18 13:48 | Report Abuse

Connie, i have adapted my strategy to buy on pullbacks especially during panic selling provided the stock is still fundamentally sound unlike the Gtronic case and i buy very close to strong support levels. But if the stock is trending strongly up, I do trade the trend but i shorten my trading timeline with very tight stop loss. At the end of the day, its always money in the pocket first ..hehehe...

General

2016-05-18 13:47 | Report Abuse

Connie, is there a prob posting here? cant post long replies.

General

2016-05-18 13:43 | Report Abuse

Connie, these days with the popularity of all those stock groups in telegram and whatsapp, its difficult to trade on breakouts especially during bearish times like these and when everyone is trading online.

General

2016-05-18 13:40 | Report Abuse

...hahaha...twobits, no problem i can share. Anyway i take losses just like everyone too. But Connie will buy me a big meal one of these days ..hahaha...

General

2016-05-18 13:23 | Report Abuse

Connie, the CI looks bearish to me although 1600 as the critical support is intact. Market is oversold at the moment but i wonder how long the rebound can last as there are unresolved fundamental issues out there.

I have not touched our KLCI warrants in quite a while as the warrants and index are out of sync with each other many times. I have been trading HSI warrants. But i shall keep track of H67 since its a rchi's call ...hehehe... i have always liked his calls.

General

2016-05-18 13:08 | Report Abuse

Connie, yes i trade index warrants too. Are you still active in index warrants?

General

2016-05-18 13:07 | Report Abuse

Hi Kitty, great to hear from you.

General

2016-05-18 13:06 | Report Abuse

twobits, no tips but I don't mind sharing some of my trades here. Amongst my trades are Kanger WA, AWC and AirAsia c31. I am monitoring IWCity and Mycron.

General

2016-05-18 12:23 | Report Abuse

..hahaha.. not a single handicapper but pro? ..hahaha.. no lah juz kidding. But i still follow you guys here.

General

2016-05-18 12:22 | Report Abuse

Connie, I am good thank you.

General

2016-05-18 12:20 | Report Abuse

Hi COnnie and All

General

2016-05-18 12:20 | Report Abuse

Westgun, you are most welcome.

General

2016-05-17 18:14 | Report Abuse

Hi Connie.

General

2016-05-13 11:53 | Report Abuse

Westgun, hi. Ok... I go check now

General

2016-05-10 14:43 | Report Abuse

Mimi898, please dont call me sifu coz I am not one ......hahaha.... Anyway, Genting Wa has bottomed out at 1.48 and has formed a good support base at 1.55/1.56. Immediate resistance is at 1.68. It is trading sideways at the moment. If we look at Genting, the selling momentum looks over for the time being. Hence, Genting Wa does offer an opportunity to move in.

General

2016-05-03 16:47 | Report Abuse

SS1967, sorry to hear of your loss. Agree with Connie. Tighten your stop loss if you are playing HSI and strict discipline is needed when selling. Sorry, don't mean to teach you but our money are hard earned. Need to protect our capital as much as possible.

General

2016-05-03 15:56 | Report Abuse

Connie, ...hahaha... i like your rhythmic words ...always the creative writer you are.

General

2016-05-03 15:09 | Report Abuse

Connie and all, good afternoon. I am still a die hard follower of this thread ...hehehe.... as the contributors here are genuine.

Well said, Connie. Many are following stock groups on telegram and whatsapp and Band and whatever. As with all such forums, the reader needs to make their own assessment and not follow blindly without their own trading plan. Different people have different intentions in stock calls there. Some are genuine and some may not be. But of course, if the reader chosed to follow and loses, he/she cannot blame anyone as the trading decision rest solely with the reader.

Agree, everyone reads stocks differently. If all of us reads it the same way, then there wont be abnormal profits to be made as everyone buys and sells at almost the same time ...hehehe...

Absolutely agree with rchi. Hold cash if you are uncertain of the market direction. To me it is directionless with bearish bias. I am 95% out of the market at the moment.

To me, Hang Seng too has a bearish bias to it although i may be wrong.

Cheers.

General

2016-05-03 14:24 | Report Abuse

Dear All,

Our KLCI looks directionless to me. If it breaks down from 1650, we could see more weakness towards 1631.

In contrast to last week, when there were panic selling, we could jump in and take profits the next day when there was a rebound, the current market direction is uncertain. Under such market situations, anyone thinking of bottom fishing may want to monitor first and wait for reversals. The correction may not be over.

If you are uncertain of the market, it may be best to hold on to hard core cash first.

General

2016-05-03 09:39 | Report Abuse

TRADING SEEDS FOR CONTEMPLATION by Esda
-----------------------------------------------------------
EMBRACE Limitations....

“Only when you embrace your limitations can you master your capabilities.” -Unknown
Limitations are painful. For most traders, our fear is about taking losses. Why? Because we are afraid, refuse and never want to take losses. Sounds familiar? Very often, we hold on too tightly to what we wish for instead of accepting what is.

Remember, we are not all born to be a perfect person nor perfect trader.
We often like to think it is about finding the easy way. The secret tips, the insider access, the tools that make it easy. Yet, it is about establishing your own process of working within — and embracing — the limits you have. Because all of us learn from mistake.

Hence, we should let our limitation guide us to creative solutions. Do not try to avoid them, but use them to your advantage.

Great work requires limitations.

What limitations are you trying to embrace?

Shared by Esda

General

2016-04-29 17:47 | Report Abuse

Duit, ..hahaha.. thanks. I like that. Its a sure win ..hahaha...

General

2016-04-29 15:47 | Report Abuse

Dunknow, thank you. Been a while since i heard from you. Trust you are well and good.

General

2016-04-28 18:33 | Report Abuse

Hi Westgun, real tricky May ahead.

General

2016-04-26 12:27 | Report Abuse

mimi898, for Esceram, that 0.55 support is an important support that must hold or not the stock becomes weak.

General

2016-04-26 12:07 | Report Abuse

mimi898, you are most welcome. Happy to be of some help.

General

2016-04-26 12:06 | Report Abuse

Good morning Duit. So good to hear from you bro.

General

2016-04-26 10:46 | Report Abuse

hi Westgun, thanks. You too yah. IT related stocks all affected by the Gtronic crash.

General

2016-04-25 16:49 | Report Abuse

mimi898, Esceram has broken a key resistance at 0.565. If it can sustain at or above this level, it will remain bullish and move towards the next resistance at 0.605. Its consolidation is over and looks ready to start a new bullish phase.

General

2016-04-25 09:31 | Report Abuse

TRADING SEED FOR CONTEMPLATION by Esda
---------------------------------------------------------

... Response vs Reaction...

Much of our life is spent in reaction to others and to events around us. The problem is that these reactions might not always be the best course of action, and as a result, they can make things or situation bad for us.

Let's take trading as example :
Reaction : Market gap down due to economic unstable. We instantly react with fright, nervous, anxious, emotional trade and perhaps anger and yelling to others and yourself. This may cause heavy losses and affecting relationship with others.

Response : Market gap down due to economic unstable. You notice your negative reactions, but pause, take a breath, and consider the situation. First response is to look through your stock counters and your trading plan. Then, consider if to cut loss or hold.

Lastly, have faith and confident in your decision.

What is the difference in reacting and responding? While the difference between reacting and responding may seem very thin but the impact of each in our life can be huge because reacting is an instinctual behavior directed by the repulsive brain, and responding is a conscious choice involving input from the more evolved brain.

Reactions are always instinctive whereas responses are always intellectual and comes with lot of Practice and developing trust on your skills .

The choice presents itself to us all the time, if we learn to respond and not just react, we can make things better and not worse.

Hence, be conscious, pause, then consider a thoughtful, compassionate response in everything we do, we trade.

General

2016-04-22 10:09 | Report Abuse

Good morning all. KlCI has an immediate resistance at 1729 with support at 1705. Possibly sideways at the moment. Amongst the stock that i like is Genting Wa. The recent sell down offers an opportunity into it. It has bottomed out at 1.80 with an immediate support at 1.87 and an immediate resistance at 2.01.

General

2016-04-18 19:24 | Report Abuse

The following piece of article was written by one of our team members and I thought it is a very good piece to share here.

TRADING SEED FOR CONTEMPLATION by Esda
-----------------------------------------------------------
Applied Knowledge

I once read the quote ”knowledge is power”.

I later read a more wiser quote that totally neutralized the first one, that is ”Knowledge isn’t power, until it is APPLIED”

Applied knowledge is important to the trading world. Simply having theoretical knowledge from the book is not enough until we apply it to the real live market.

Why?

When we read theory, it cannot get straight into our mind even though it may be explained in the best manner. We actually got to go hands-on and perform the trade because this involves practice and as we know without doubt that “Practice makes a man perfect”.

Training and practicing are meant to improve our trading skills which cannot be obtained by just theoretical knowledge. Theory can provide one with oodles of expertise and proficiency but it can never deliver those kinds of results and improved skills that we can get from practical trading.

Hence, convert theoretical teaching into practical trading and trade your own way with your experiences.


Shared by Esda

General

2016-04-18 19:19 | Report Abuse

Thanks Westgun. ..hahaha... you too huat yah

General

2016-04-14 23:52 | Report Abuse

Westgun, TopGlov has an upward bias in the short term. 5.36/5.37 is a strong resistance which if broken would mark the end of its corrective phase. As with Supermx, there is still buying momentum in the stock. Looks poised to break its immediate resistance of 2.85. If there is follow through volume, it will turn bullish.

General

2016-04-13 17:47 | Report Abuse

westgun, congratulations on your Pos. It has broken out and if it can clear 2.81, it will try for 2.85, which is a stronger resistance.

General

2016-04-04 18:24 | Report Abuse

Westgun, ooops... thousand apologies ..hahaha.. it should be "profitman6@gmail.com". I left out the 6 ....hahaha.. so sorry. ok. I will send to your email.

General

2016-04-04 16:05 | Report Abuse

westgun, if you want the chart, i can send it to your email. Can email your address to me at profitman@gmail.com

General

2016-04-04 09:17 | Report Abuse

Westgun, ......hahaha...... yeah, I guess as traders we need to take the wins and the losses that comes with it. Any loss is just a temporary loss ......hehehe...

Pos is consolidating in a pennant at the moment since it hit 3.10 but failed to break the downtrend line. It has found an immediate support at 2.63 and need to break its resistance at 2.85 in order to successfully break out of its pennant in which case it will attempt another break in 3.10.

Yes, I don't mind providing you with the graph but how do I send it to you?

General

2016-04-04 09:02 | Report Abuse

Good morning All

General

2016-04-01 13:00 | Report Abuse

mimi898, Genting is undergoing a healthy correction. Support at 9.25 is holding well and it is crucial that this support is not broken. Overcoming its strong resistance at 9.90 will turn it very bullish. Immediate support is at 9.58.

General

2016-04-01 12:53 | Report Abuse

Westgun, hi.... yes, been a long time ...hahaha.... hope you doing good and trading well.

Stock

2016-03-28 16:30 | Report Abuse

Top GLove is not in oversold territory.

General

2016-03-22 10:55 | Report Abuse

Good morning All.

Sedania is experiencing profit taking but as long as its support at 0.39 is not violated, it is still poised to re-test the 0.435 resistance. It was taken out temporarily at 0.44 but could not sustain.