Posted by Surewin123 > 2017-04-19 22:22 | Report Abuse

Waiya, bursa. My friend intro me bursa, he bought Sumatec at 0.07 and sell at 0.08, and earn some RM2k just like that. I was like, fuiyo, macam yes wor I opened a trading account and start. Hehe 1st result. Untung at GHLSYS. Playing morning spike, bought at 9.02am, sold at 9.07am, return <RM1k. Fuiyo, really boleh wor. Then, lose. lose. lose. Do a little scalping here and there, lose overall also. Then ah, I apply some breakout strategy, but always entry price too high. The moment I bought, then straight away the price drops. GG lo. I learned stop loss technique. I play penny stock only. So now the result is initial capital RM45k now: lost RM1.5k Now currently in DRB, OPCOM, BPuri... all sleeping stock. Any advice ah?

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29 comment(s). Last comment by Surewin123 2017-04-20 14:03

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:26 | Report Abuse

add on: currently my strat is as follows

Max cut loss per deal: RM200
Max cut loss downticks: 3
That will determine my position size

Then, my portfolio, 45k i divide as follows

10k (3 stocks) = long term growth stock @ Calvin Tan's stock picks
10k (situational stock) = see when got gooding stuff jump in
3.5k remaining = aggressive penny stocking.

For last one, normally each morning I just monitor the volume, then monitor the swing %, and price change %.

Briefly looking at chart, quickly decide on entry, support, resistance, then jump in.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-19 22:27 | Report Abuse

200 only cut loss better go to genting....haha

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:29 | Report Abuse

that 3.5k will be my tuition fee. Because I think I will probably lost it all, since I'm so young in bursa.

fail faster, learn faster?

I know how to read P/E, EPS, basic TA, FA stuff like cash flow, annual report, and business prospect things like that.

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:29 | Report Abuse

duwan la, genting is gamble oh, i want solid investing hehe

heng0202

983 posts

Posted by heng0202 > 2017-04-19 22:31 | Report Abuse

surewin u phd at what field first?

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:31 | Report Abuse

management. my bachelor in acc. master in communication

heng0202

983 posts

Posted by heng0202 > 2017-04-19 22:32 | Report Abuse

how old are u and how u earn the 40k first? sorry i am very curious

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:32 | Report Abuse

going 28. worked 5 years d. now full time study.

heng0202

983 posts

Posted by heng0202 > 2017-04-19 22:33 | Report Abuse

study which field? and why u choose buy penny stock and dont buy small capital growth company leh?..

heng0202

983 posts

Posted by heng0202 > 2017-04-19 22:35 | Report Abuse

how long experience u invest?

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:35 | Report Abuse

phd management.

penny stock, because more volatile?

i saw most small cap stock price < RM1.

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:36 | Report Abuse

last time used to play mutual fund, but too slow d.

heng0202

983 posts

Posted by heng0202 > 2017-04-19 22:39 | Report Abuse

ya mutual fund for uncle ok la haha first time i play also same feeling like u more volatile but it seem not work.. so now i will try to find >rm1 <rm3 stock to buy haha

heng0202

983 posts

Posted by heng0202 > 2017-04-19 22:40 | Report Abuse

penny stock i suggest biolhdg digista haha bthis two i already throw now i holding rcecap and pesona-wc haha

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:42 | Report Abuse

ic....thx bro..

digista i kena burned once d. bought 230, cut loss 215 d....that north korea/us stuff is new to me, so i panic and sold.

heng0202

983 posts

Posted by heng0202 > 2017-04-19 22:45 | Report Abuse

hope i can learn more from u too bro... good luck and all the best for u

Posted by Hua Joshuaayoung > 2017-04-19 22:46 | Report Abuse

bro, may God help you success in Bursa.!

jayalbert

1,574 posts

Posted by jayalbert > 2017-04-19 22:56 | Report Abuse

@sure win, u would need a sifu in this forum to handhold u.. Otherwise, my guess, u ll continue to loose money.. May b any1 can volunteer to hand hold him.. Hope u take my comment positively .. I hate to c your rm45 k diminishes.. Especially now when market is a little bit unpredictable.. Your stock selection is v important. N I honestly think dabbling in penny stocks is not an ideal situation for u

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-19 22:59 | Report Abuse

yalo, so i follow Calvin Tan's stock pick.....haha....haven't call him sifu yet, see he so busy provide valuable info and dig good stockpick for us.

Currently invested in DRB, BPURI, BJCORP, OPCOM (but will drop one soon)

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-19 23:12 | Report Abuse

surewin

don't listen to skeptics.
only listen to your own inner voice.

TheContrarian

8,751 posts

Posted by TheContrarian > 2017-04-20 00:06 | Report Abuse

This guy just started trading one month, where got inner voice?

gohkimhock

2,952 posts

Posted by gohkimhock > 2017-04-20 00:16 | Report Abuse

if you know Chinese, then i would suggest beginners like you to read books written by Cold Eye. It is very easy to understand.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 00:18 | Report Abuse

where got author name cold eye?

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 00:20 | Report Abuse

apparently you don't believe in beginner luck.

I do.

TheContrarian > Apr 20, 2017 12:06 AM | Report Abuse

This guy just started trading one month, where got inner voice?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 00:22 | Report Abuse

you forgot calvin dutaland aka butaland....haha

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-20 00:24 | Report Abuse

what can be taught become popular memes
but it is what cannot be taught become priceless.

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-20 08:31 | Report Abuse

haha...butaland is plantation, don want touch yet =D

TheContrarian

8,751 posts

Posted by TheContrarian > 2017-04-20 13:55 | Report Abuse

I had a fantastic beginner's luck when I first started to invest in the stock market. I was making RM2,000 on average weekly in my first four months.

Surewin123

12,591 posts

Posted by Surewin123 > 2017-04-20 14:03 | Report Abuse

wah, u capital how much? so geng one? now im into reach hehe

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