Posted by stockoperator > 2014-04-30 13:54 | Report Abuse

Better dont touch any stocks which has ever been down by more than 30% from its Record High. As we can Only double down One time with Confidence.

You cant possibly recover from this in short period of time and your whole strategy will be affected after this. Your winning streak is ended. You might win 10 times But you cant afford the loss of THIS ONE TIME. The more you want to recoup the losses, the deeper you are into the losses. In most cases, your account will be blown away.

So the loss is more towards psychology impact and shaken confidence. Your confidence level will never be the same again. And you cant trade the same again.

Traders beware that if you want to be one please be a professional One then.

Accept the small loss and walk away and you will be fine. IF NOT accepting small losses, you cant forgive your SOUL.

Posted by CT Ong > 2014-05-02 00:01 | Report Abuse

The day the Penny stocks BURST and investors CRINGE with fears.
Alas, we only have short memory, the temptation of greed exceeds the fear.
We tend to give excuses and soothe our souls with comfortable words that everything would be all right.


Hope against hope and the Revenging and Denial syndrome of the investors too often will fall into the trap.
They have already loved and lost, so putting a stop in would force them to think about that loss;
and it hurts so much to think about that.

By avoiding the issue of STOPS, they avoid the issue of LOSS, until they are swamped by it till a point of No Return!
The Denial syndrome refuse even to consider the possibility that their trade might have gone awry, that the market might move against them. Unbridled Optimism might be fine in certain situations , but given the harsh realities of the investment world,

It is an Unrealistic Attitude!



I am out rightly against any form of leveraging and desists from any unfounded speculation.

Lessons learnt from CROOKS:



It's A Monday(28/4/2014), four penny stocks, namely Visdynamics Holdings Bhd, MNC Wireless Bhd, Solution Engineering Holdings Bhd and Industronics Bhd, hit limit down almost simultaneously in the afternoon session, drawing queries from Bursa Malaysia.

According to a dealer, the four companies each had a block of shares that had been rolled over a few times.

“There was no real money coming in to pick up the blocks. The bubble finally burst after one stockbroking house out of several, stopped the line of credit,” said the dealer.

At the close , Visdynamics and Industronics remained in the red finishing 41.49% and 15.58% lower respectively while MNC and Solution Engineering recovered some earlier losses, ending the day 16.67% and 7.69% higher respectively.

Industronics in its reply to Bursa Malaysia on its unusual market activity (UMA) said it was currently exploring a proposal which involved an internal reorganisation of the group while MNC said it was not aware of any explanation for its UMA.

As far as links between the firms go, Solution Engineering is 10.8% owned by Industronics, an electronics company which has Danish national Christian Kwok-Leun Yau Heilesen as its chairman.

Interestingly, Kwok is being bandied around as being the common person involved in all four stocks.

The 30-year-old Kwok, however, said he had divested all his investments in Malaysia several months ago.

“I have not been to Malaysia for several months now ... I sold all my investments several months ago to investors from Macau,” Kwok told StarBiz when contacted.

Kwok, together with Raymond Yip Wai Man, used to own about 15% in DVM Technology Bhd and he also held a stake in Industronics, which he has since divested.

He is no stranger to market controversy.

In 2011, Kwok, who is based in Hong Kong together with Yip, bought into DVM after which they requisitioned an EGM to remove several directors from the company.