Most people just study Warren investment methodology But ignore his belief/mentality/charisma/leadership which are more than the cornerstone of his success. Last but Not least, his winning mentality=" I know I will be rich". I owe somebody this explanation and skip his class.
stocko, many just go buy his book and memorize some mantra like buy when ppls fear and sell when ppls greed, so they ended up buying a lot of cybert on the way crash from 2.00 . csl also crashed from 2.00, the seling was panic, and these warren buffet cult believer grab cybert and csl at 1.00 at lightning speed.
Ha, i post some comment on Apr 26 on blog: stock Trade Signal-Intra Day and Short term signal and did not get back to them.
To answer your question is Warren a saint or sinner, probably some of my previous posting will provide some clue to you. It is deep understanding of Business and its perspective.
stocko, i m not a fan of kcchonz. dont waste my time with his fundamental stories. to me stock mkt is not about the past earning but forward looking. and a good stock must be sexy, young, and vibrant.
KC you know there is need to look further backward as I always notice there is a trend of 5 good year of above average and then 5 bad year of below average. There is a need to study for at least 10 years.
Mr Ooi I like your trading ideas on Cup and handle. It is almost like Head/Shoulder/Waist line/Knee and Toe formation right? The Support is always at about waist line/cup formation and then the Break Out happens thereafter.
Posted by stockoperator > May 3, 2014 11:55 PM | Report Abuse
But i think double Bottom comes first right then Only Cup and handle? Is it a good strategy/winning probability of Buying at double Bottom then?
Ans : I do not look at double bottom stock because this stock is either a down trending or side way stock. I am more keen on double top, it means a Cup is formed. It takes 2 weeks to form the Handle. Once the pivot line is crossed, the price will sky rocket up. Our slogan is "sky is the limit". Thank you.
Posted by stockoperator > May 4, 2014 04:03 PM | Report Abuse
Mr Ooi, i think there must be another example of cup and handle formation for Pintaras before breaking out on 9th April right??
Ans : Yes. You know that Cup and Handle Chart is super bullish. My slogan is "Sky is the limit" especially the stock continue breaking new high like Ptaras. Please make full use of this chart pattern to win big in KLSE. Thank you.
come on! applying warren's philosophy on some highly speculative or stocks without fundamental and expecting the same output as his classical Geico/ Washington post are you serious? CSL doesn't have any tract record and Malaysia red chips are well known for suspicious book. You should blame yourself for picking some rubbish counter rather than blaming Warren. His philosophy only can be applied on intact companies! For those who blame kcchong do you analyze companies or businesses better than him? If not please keep your mouth shut!
warren is not a trader. he dont look at stock prices everyday. he doest even use much computers. moreover he is more of a bussinessman than an investor. you have to be rich in the first place to do what he did
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: O&G healthcare service provider, Metro Healthcare Berhad aims to list on the Ace Market!
MQ Trader 785 views | 5 d ago
0:17
New IPO: Life Water Berhad, a manufacturer of drinking water and carbonated beverages, aims to list on the Main Market!
MQ Trader 1455 views | 6 d ago
0:17
New IPO: Mega Fortris Berhad, a manufacturer of security seals, aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockoperator
936 posts
Posted by stockoperator > 2014-05-02 21:39 | Report Abuse
Most people just study Warren investment methodology But ignore his belief/mentality/charisma/leadership which are more than the cornerstone of his success. Last but Not least, his winning mentality=" I know I will be rich". I owe somebody this explanation and skip his class.