I haven't seen anyone in this world not make mistake in stock market and most of them learn from their mistakes before they are good at investing/trading in stock market.
But, I don't think anyone here dare to catch falling knifes kua?
personal opinion, ringgit will fall, USD trade company still win this round. if you buy exported company, take note on revenue growth, inventories, receive and payable. business ma, no one can predict 100% what will happen, if u right 70%, u oledi win.
Plenty of export stocks entering into attractive territory.....eg Pensoni, Kein Hin, Chinwell, Latitude., Homeritz, Kesmi.
For a major stake holder, there is no way one can behave like a 23 years old young ciku......and certainly not when the feelings are so negative and after the said shares have dropped 20 % or more.
Feelings are short term in nature....businesses last a long time.
All of you are just guessing and predicting. We will see. To me, no body could touch PM anymore, all issues are down. I will see strong RM to come in the near future. Ha! Ha! Ha! This fact is totally not favour by those exporters stocks investors.
kyy earned few hundreds percent.. drop 20% complaint this complaint tht... seasoned investor like him should not be emotionally affected by such drop and he should hv been well informed of the possibility of a drop after such an unsustainable rise in stock price.
I like this,,, surrounded by jing heng monkeys. 發發發
Posted by silom > Feb 9, 2016 09:39 PM | Report Abuse
sorry, I have chosen the wrong word, should be "promotion", not "recommendation" as mentioned earlier. haha. cheer up gentlemen, this is monkey year and there will be more monkey business.
In this thread, many young cigus who never made a single penny from stocks, never kept a share for more than T + 3 giving advice and critics of a proven 83 years old successful investor.......
Old cigus that include Desa are expected to fare worse than their young counterpart cigus as this old camp keeps holding and keeps finger cross hoping for continuation of tumbling of Ringgit.
The younger camp already switches to non-export stocks.
I'm a good student of my guru, Bernard Baruch's teaching:
a. Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
b. Nobody ever lost money taking a profit.
c. The main purpose of the stock market is to make fools of as many men as possible.
d. I made my money by selling too soon.
e. Do not blame anybody for your mistakes and failures.
f. Every man has a right to his opinion, but no man has a right to be wrong in his facts.
Understanding f. certainly will help us maintain a healthy n peaceful atmosphere in i3 forums. Bernard B was saying that we r all rightfully entitled to our opinion n yet quite many of us here love to quarrel over another person's opinion most of the time.
Like Uncle KYY, I wish to share n volunteer to give back my views to our wonderful investing community. We all hope to encourage n empower others to excel in their investment journey, n thus impacting n changing some lives.
Being a Stock investor or trader is the toughest job on earth. We still dare to take the challenge, simply because IF u r right about the stock mkt, the rewarding future ahead is always bright n wide open.
I am veli confuse oh. Dec 7 list the shareholding, said golden rules, believed share price will go higher, Dec 26 said "... holidng ...because they still comply with my golden rule although their share prices have gone up quite rapidly." Jan 21 said "Good buying opportunity", Feb 7 said "... drop too much" Now said "biggest mistake in not selling." The stocks do not comply golden rule liao meh? result not yet out wor... Dunno whether there will be an article on "Change of golden rules" or Modification of golden rules" Rules does change mah, so does golden rules. No? I am still veli confuse lor. My england is veli bad, may be I misunderstand the above articles, can any sifu help me understand?
Prior to June 2014 blow about plantation sector (talked about value growth/ long term investment etc etc)...then sold all his plantation co in July/Aug/Sep 2014 and bought into Export Co (as advised by OTB and talked about next Q must make more than this Q etc etc)..Maybe he will sell all his export co this year after/if OTB can find something new for him...
Think logically. As long as RM is above 4.00 export companies are making good profit. Eg FL bhd - net cash 85m , no debt , eps 9.35c last qtr Sept 15. Rational investors see value. Irrational inveztors wont.
Hi Mr Koon, I'm sorry but I have to agree with Icon8888 on this one. I agree that your EGO is the root of your problem. I can't understand why you have that kind of ego but maybe it is like that for most successful people.
The only thing I don't like other than that is your boasting. My god you really boast. A lot. But your supporters still not judging you using their critical thinking. You know that I'm always being critical about your blogs. When they are good (like your entries regarding Malaysia politics), I will tell you they are good and vice versa.
However, I appreciate you are admitting your mistakes in this entry. It is not easy I know. You are a good investor. But you need to do this things often if you want people to call you Super Investor (like you deemed to be) other than your supporters.
I wish you a happy and prosperous Chines New Year too Mr Koon.
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....
Probability
14,500 posts
Posted by Probability > 2016-02-09 15:41 | Report Abuse
yeah right....but would have been nicer if just straight forwardly said. No need for all this catchy title laa....make people more confused.