i still remember, there were those who were still around when they voted in GE13 but they passed away before they could see the result of GE14. We are very lucky to be able to witness this significant day
It's good to be in the same boat with Probability as I can save a lot of time to study n research....anyway dont fall in love for too long...2020 will do
why do you want to buy a share that depends on super profits from protectionists policies ( increased tarifs) ?
This is not the behaviour of logical investors....you are depending on a bigger fool out there to help you make money.
In the meantime, contractors and house buyers ( voters ) suffer....that is bad policy.
bigger dangers out there in the form of Alliance Steel, reduced infrastructures, slow property market...and changes in China policies that is beyond your control or even awareness.
There is really no good reason to buy steel counters except for made up excuses by people who are caught at higher prices.
Business sense should come first before PE ratios based on historical figures.
"why do you want to buy a share that depends on super profits from protectionists policies ( increased tarifs) ? "
Uncle, do you know the domestic price of Chinese rebars are equivalent to Malaysian domestic prices? That means, domestic steel players do not need protectionist policies to make big money since it is uneconomical for Chinese steel makers to dump their products overseas. Before you shoot off your mouth sailang this sailang that, I suggest you use your grey matter a bit.
I missed the earlier drama. Thank you for the kind words, and all the best in your investment. I think prospect is excellent, but q2 might be a bit soft, with 1 month puasa and 1 month World Cup, I think employees only work for 1 month only hahaha.
sifu otb. earned profit in bursa by your ownself need no to be defended. It stays in your bank account. BUT reputation need to be defended as you still intend to earn subscription from retailers based on trust term. so far, do your subscribers earn same as your percentile returns with certain median deviation only or great loses suffers??Did you check with them? to us, wrong or right calls on our stock selection directly affect our wealth. Reputation to us? just an ego massage only. for boostful purpose here in i3.
Posted by cheoky > Jun 15, 2018 11:46 AM | Report Abuse
sifu otb. earned profit in bursa by your ownself need no to be defended. It stays in your bank account. BUT reputation need to be defended as you still intend to earn subscription from retailers based on trust term. so far, do your subscribers earn same as your percentile returns with certain median deviation only or great loses suffers??Did you check with them? to us, wrong or right calls on our stock selection directly affect our wealth. Reputation to us? just an ego massage only. for boostful purpose here in i3.
Ans : I am not really affected in this crash. All those old followers are ok because the gain in 2014, 2015, 2016 and 2017 are a few hundred %, can afford to suffer the losses in 2018. My followers especially the new one suffered. I feel sorry for them. I just try my best to help to recover the losses. It may need a bit longer time to recover. I am very transparent on this matter. I checked with some of them. Thank you. Ooi
Posted by qqq3 > Jun 15, 2018 11:47 AM | Report Abuse otb
when a cyclical stock is traded at low PEs, it is because its earnings are deemed to be of low quality and not sustainable.....that is business sense.......
Ans : Please wait for result at the end of 2018. I have my own strategy to follow. My strategy is based on FA.
I am glad that you are very gentleman this time. Keep up the same good spirit.
Posted by shortinvestor77 > Jun 14, 2018 01:55 PM | Report Abuse
Can Ayoyo also share your experience and knowledge as a full time trader through an article? TQ.
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I am a full time trader and write only for the fun and when I'm in the mood...
Here's the short of it...
The tools MetaStock Bursa station professional Minimum brokerage with cash account (0.1% or some even get lower)
The pain Download EOD data from bursa station every evening Run MetaStock Sift thru stock charts on breakout or on the verge of it with some self tweaked filters on MetaStock.. Run thru tick charts on Bursa station professional to determine 'quality' of the smart money breakout moves Set traps or price alerts on bursa station professional on the stocks on watch From 9 to 5 during market hours, sit and watch the screen like an idiot
The gain 70% of my trades are within contra period of which, 90% will give at least 2 bid gain 60% 5 bid gains 30% 8 to 10 bids 15% home run momentum trades of above 15 bids
Stop loss is dynamic and depends on my assessment of why it went wrong.. Example, I don't hold a rigid price stop... When you want to trade with the smart money, you must learn to trade LIKE the smart money... Was the stock down because of its inherent weakness or was it in sympathy with the poor market conditions at that moment?
Always remember, trading is an art, not science... You cannot affix rigid rules to human emotions
I rarely hold stocks for long term.. Long term to me is defined as more than T+3 LOL... More than 70% of my trades are closed within T+3 and usually no longer than within 2weeks ..so,im usually in cash
Even in these market conditions, I'm still up 40+% up to this year, and have 70% in cash up to now ...of course, the converse is also true, I will rarely, read probably never, get the multi baggers because I trade in out of momentum and never fall in love with any stock
Recommendation Read up Reminiscences of a stock operator (the book that started everything for me... Fascinated how Jesse Livermore traded without computers.. Discovered tape reading, read price and volume exclusively, NOT a single indicator) Tape reading and market tactics Volume spread analysis - written by Tom something? Who used to work for stock operators and he has detailed how to interpret some common operator moves Lastly, your mindset... Tune the IMPOSSIBLE to I M POSSIBLE... I'm a ardent follower of Law of Attraction and what the mind can conceive, it can achieve, only if you ALLOW it...
No for commodities related stock for me. Already started bull run since early 2016. Where I bot Pmetal at 0.70, Annjoo at 0.65. Cyclical cycle already hitted the peak. Wait for next lowest cycle.
For example, lme aluminium avrg for 1st q is 2150, avrg for 2nd is 2280 to date. Apparently Pmetal earning and share price will be better coming q. Those half cook experts will recommend to buy. But they don't know market is always looking forward. Some time up to six months or more. Big players or insiders will spread the ticket within this time of period. At the end share price not tally with earning. It might also worse earning amid good fundamental, in this case higher lme price. They can make it also for what ever reason.
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....
qqq3
13,202 posts
Posted by qqq3 > 2018-06-14 22:57 | Report Abuse
I think 50 years later, people will still remember 509 as the start of a better Malaysia.