Posted by bahamut > 2013-06-18 09:42 | Report Abuse

my best friend decide to drop his current job and want to become full time stock trader, i wish i can give him some advice but i need solid info here. I want to know , how long it going to achieve average Rm 4 K salary per month ( average ) in stock market ( he want to achieve this within 2 years, possible )? this figure is just to maintain his life. He is optimistic now. Is feasible ? cash Rm 30 K on hand. He attend some professional course before, which cost him around Rm 10 K. he very aggressive 1 ( play sort of what T3 ), leverage can x5 need professional advice here.

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130 comment(s). Last comment by Apollo Ang 2017-04-20 15:45

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 14:39 | Report Abuse

many shares doubled in last 3 months

Apollo Ang > Apr 20, 2017 02:37 PM | Report Abuse

6-9 months so how on earth can make 24-36k during that period?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 14:40 | Report Abuse

what if bought the stocks that become halve then up only about to make back and not gain yet

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-04-20 14:52 | Report Abuse

This bursa is RIGGED
The high will always goes higher
The low will always goes lower
Never buy cheap stock to make quick profit
What working is one single stock can goes up until you drop your jaws while the rest do not want to goes up at all
It is how the operator rigged this system
Ignore the noise if you are gonna hold long term

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 14:57 | Report Abuse

you can improve stock picking using Dynamic Investing and CANSLIM.


ed by Apollo Ang > Apr 20, 2017 02:40 PM | Report Abuse

what if bought the stocks that become halve then up only about to make back and not gain yet

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 14:59 | Report Abuse

doesn't matter. Its how you exploit the situation.


PlsGiveBonus > Apr 20, 2017 02:52 PM | Report Abuse

This bursa is RIGGED

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:00 | Report Abuse

big high chances can make a bit but chase at the wrong timing can lose a lot just like anzo,dataprep and many more

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:02 | Report Abuse

what if u bought canone at RM 5.00 good stock ppl say TP RM 8.00 now what happen if kena like that?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:03 | Report Abuse

I agreed bursa is rigged and control by bankers nominated by big politicians

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:09 | Report Abuse

rigged also pump and dump....those who bought into these kinda counters wanna go toilet also cannot cos u never know in 5 mins can limit down. this is call manipulation

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:14 | Report Abuse

sc or bursa should issue new law, stocks up or down for 3 days with no reason will be suspended pending any news. if no news it will be remain suspended

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 15:20 | Report Abuse

no changes required. Bursa is one the healthiest stock market in the world.
I would not trade it for Singapore stock exchange.

Apollo Ang > Apr 20, 2017 03:14 PM | Report Abuse

sc or bursa should issue new law, stocks up or down for 3 days with no reason will be suspended pending any news. if no news it will be remain suspended

SC

741 posts

Posted by SC > 2017-04-20 15:23 | Report Abuse

what makes him to be full time trader so eagerly?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:25 | Report Abuse

bursa the healthiest? hahaha,u must be kidding rite?

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 15:25 | Report Abuse

dreams...it is a good dream

SC > Apr 20, 2017 03:23 PM | Report Abuse

what makes him to be full time trader so eagerly?

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-04-20 15:28 | Report Abuse

Bursa so far never go up beyond 1750 and above for more than how many years?
It is never improve at all
:(

jayalbert

1,574 posts

Posted by jayalbert > 2017-04-20 15:29 | Report Abuse

that will change in the immediate future..

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 15:31 | Report Abuse

Index is so mislead foreigners..........we participant in non index market

PlsGiveBonus > Apr 20, 2017 03:28 PM | Report Abuse

Bursa so far never go up beyond 1750 and above for more than how many years?
It is never improve at all
:(

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 15:32 | Report Abuse

I serious.
lots of opportunities

Apollo Ang > Apr 20, 2017 03:25 PM | Report Abuse

bursa the healthiest? hahaha,u must be kidding rite?

myongcc5

708 posts

Posted by myongcc5 > 2017-04-20 15:33 | Report Abuse

Not every night will hv good dream, sometime nightmare appear!

Donation to get GLORY is not charity. The money gave has been rewarded with glory, so the deal was done n completed.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-04-20 15:34 | Report Abuse

It may happen only if Dow Jones is above 30,000

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 15:34 | Report Abuse

living life to the fullest.

myongcc5 > Apr 20, 2017 03:33 PM | Report Abuse

Not every night will hv good dream, sometime nightmare appear!

jayalbert

1,574 posts

Posted by jayalbert > 2017-04-20 15:34 | Report Abuse

@stockmanmy is correct, Bursa is a good place to trade. I wudnt call it the healthiest, but it's a good stock exchange. restrictions r there, but u can still maneuver n make money. i have the knowledge of trading in shanghai/shenzhen stock exchange. one of the peculiar rules that have is if u just pick up a stock for that particular day, u cant sell on the same day. u can only sell the following day onwards. unless, u already have similar stock that u purchased before. of cos, the max up n down of 10% of the value of the stock. but, what i cant tahan is the roller coaster of the stocks, it can go so high in a minute, n it can go down tremendously in the next minute. compared to bursa, we r better.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:36 | Report Abuse

bursa can be consider healthy if it reverse back to the old trading ways of all units should be 1 lot should be 1000 unit not 100 unit, all brokers commission be the same rate, all due date must be the same not like now some brokerage can offer T+10.if a particular company up or down for 3 consecutive days it will be suspended if no news, all company must have a minimum trading average monthly volume cos many counters untraded for a long period

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 15:38 | Report Abuse

Shanghai market is just one big con job.

skills cannot pakai.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-04-20 15:38 | Report Abuse

Some stocks can goes down as low as 0 in a few minutes and rebound back to the price again after few hours
Manipulation is strong in bursa

myongcc5

708 posts

Posted by myongcc5 > 2017-04-20 15:39 | Report Abuse

Yes, enjoy every moments of life, try to live a balance life.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 15:40 | Report Abuse

not true
KLSE has never been better with lowest commission at .1%.




Apollo Ang > Apr 20, 2017 03:36 PM | Report Abuse

bursa can be consider healthy if it revers

jayalbert

1,574 posts

Posted by jayalbert > 2017-04-20 15:40 | Report Abuse

i beg to differ, 10 lots per 1000 shares is better than 1 lot per 1000 shares. more liquidity so does speak. but it was so funny during the conversion period, the remisier then always asked me, u want to buy/sell 1 lot or 10 lots? kikiki

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:42 | Report Abuse

if 1 lot is 1000 units is harder to manipulate, u see many counters being traded at the close matching price done 100 share to make it up or down as they wish

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 15:45 | Report Abuse

bursa only do this cos this is how the operators can easier dispose the illiquid expensive stock such as BAT. the big funds bought in bulk at cheaper price can slowly dispose to retails 100 share each at higher price. just like a wholesale market

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