I'd be damned. An investor who hitherto criticizes all short term strategies now singing virtues of short term trading? Haha... What irony. A shit stirrer who criticizes quarter to quarter strategy now singing praise of getting in and out of hengyuan making a quick buck. Hahaha... man the sun will rise from the west tomorrow.
All of us here busy earn money from stock but calvintaneng busy earning his bad karma for his next generation keep telling lie and missleading ppl on all the info about the stock. Nvm...continue to do what you did since you are happy to it...see the result of your next generation. God bless you.
Dear all, My brother is a good trader. He is looking at uptreding (TA) with volume (sensing insider is pushing the share) take some position and seeing the volume tapping off quickly sell for profit. Do not aim to buy at the lowest or sell at the highest. It work fine for him. Thank you
Dear all, My brother work as Hostel GM in China for a Malaysia listed company. In recent family holiday in Hainan he show me a programme that monitor share trend with volume indicator. I did not follow through the programme as I am more incline for long term investment by study financial report and FA analysis. I believe such trend monitoring must be widely available in Malaysia. Anyhow my brother is just an ordinally small time trader nothing fancy of acheiving 500% return in a year.
Nobody realized his story if u are the TTT guy, would u disclosed ur portfolio cash trading skill etc to a stranger u just meet online? Hahahahaha obvious this suhei story is fake la hahahahaha
Most of the FA gurus are nerds. Nonstop bashing TA and Traders. KC, TanEnd, now this Choivo shit. Quote this quote that but the result is still shit. Lmao.
there is a big secret hidden on risk vs reward decision making....
what we need to first define is..
what is perceived as 'risk'?
and how is it perceived to give a higher 'rewards'?
I think if we can identify a stock under high risk high reward category, we can actually work to reduce the 'risk' or manage it such that we are certain to reap the fantastic rewards...
and i think i3 is a fantastic platform for sharing these and achieving it
I even wrote an Ode, which is this post praising the skill of a ta based trader.
You think people are bashing you, because you can't justify your skill or decision making process. Ie, you cant shake off the feeling that you are just lucky.
Stop bashing yourself, Sit down and think more.
=== FamousAmos Most of the FA gurus are nerds. Nonstop bashing TA and Traders. KC, TanEnd, now this Choivo shit. Quote this quote that but the result is still shit. Lmao. 25/08/2018 18:19
Lol baby jon when I first started to trade as an institution trader you were like 15? i have been through enough bear and bull markets than you do and now I am still trading full time and managing my 7 digits funds. No I am not going to collect any subscription fees or whatever shit coz I don’t need that for living so don’t ask for my results or contacts.
Go out and work hard young man. With ur kind of mentality and whatever warren Buffett shit u ain’t gonna make any money from stock market (unless you are trying to be investment guru and start selling ur whatever shit). TanEnd, KC, and now this young Choivo
This Amos biscuit is ok.Jon baby,dun say i dun put money in ur pocket.There is a book "Market Wizards".Go read it.Then you will know how small you are.One year plus experience dun talk so much.hahaha.
Remember croesus, nobody's track record is over until they are dead.
Would like to read your story and your philosophy some time. Did you turn a 8 figure portfolio to a 7 figure one or what?
Hahahahaha
==== Posted by FamousAmos > Aug 25, 2018 06:54 PM | Report Abuse
Lol baby jon when I first started to trade as an institution trader you were like 15? i have been through enough bear and bull markets than you do and now I am still trading full time and managing my 7 digits funds. No I am not going to collect any subscription fees or whatever shit coz I don’t need that for living so don’t ask for my results or contacts.
Go out and work hard young man. With ur kind of mentality and whatever warren Buffett shit u ain’t gonna make any money from stock market (unless you are trying to be investment guru and start selling ur whatever shit). TanEnd, KC, and now this young Choivo
yeah, ive read that book. along with the 2 new ones. It was interesting. But ultimately not for me.
Why would i want to engage in zero sum games with people much better, smarter and with more resources than me?
When i can just buy good companies, sit down, and let the natural wind behind my back push me forward.
You know, funnily, every single person profiled in that book, and the subsequent two books after.
If you add up all their net worth. They still do not exceed warren buffet. Interesting isnt it :). And warren buffet stopped raising money since 1965. Instead, he just turned USD19 per share to USD300,000 per share.
These people, their networth is derived from managing larger sums, and taking 2% per annum from those people, and 20% of the profits, if any.
While warren only had a salary of 100k per annum. Everything else is through the organic growth of his company.
I think you are missing out the real elephant. But instead keep focus on finding all the mouse's.
==== Posted by Apabagus > Aug 25, 2018 08:09 PM | Report Abuse
This Amos biscuit is ok.Jon baby,dun say i dun put money in ur pocket.There is a book "Market Wizards".Go read it.Then you will know how small you are.One year plus experience dun talk so much.hahaha.
I've read every single letter from buffet from 1955 to 2018. And every step of the way, from USD 19 per share to USD300,000. Even when his capital is small, he never took undue risk.
What is being conservative?
For me, it means to only invest if you're sure of what you're buying. If you actually understand the economics and the valuation. If you know for a fact that you are buying RM1 for RM0.5 or less.
I take risk and am adventurous only when i know i am paid well for it.
You know funnily, i actually invested RM15,000 for a 5% stake in a small singaporean company when it was starting out. That was most of my capital then. In terms of valuation, it was useless then.
But i knew the boss, i knew the market, and i knew the economics of the business, and i figured, this guy can make it work.
For the last two years, it has paid me RM15,000 each year in dividend.
I think if i were to sell that stake, should be a significant sum. By far my best investment tbh ahaha.
I am willing to take almost any risk, as long as i'm understand what im getting into, am paid well for it, and i can stomach the size.
Warren buffet, his company now, insures the kind of risk no one else dare to insure. Multibilion dollar hurricanes, earth quakes, terrorism, micheal jordan legs.
Is he conservative or adventurous?
You need to revisit and study again your definitions and thinking.
=====
Icon8888 > Aug 25, 2018 01:39 PM | Report Abuse
The biggest weakness of Baby Jon is his conservativeness. Always pick stocks like retirees. (Read too many warren Buffett books).
if you are 26 yo be more adventurous lah. It is time to take risk and grow. Acting like warren buffett makes you feel good but doesn't put money in your pocket
When Warren was only managing a USD15mil co, he was pretty much the same as managing a USD500bil company. Except, he had much more options before then.
I am like a mouse now, i can look into very small caps that people cannot buy.
You don't change your thinking and philosophy just because you are small. But by being small, you have alot more options. that is it.
==== Posted by Apabagus > Aug 25, 2018 08:25 PM | Report Abuse
Jon baby.There is only one WB,same as one Bill Gates,same as one Jack Ma. You would do well to start as a mouse.One year plus experience talk so much.
Sorry, not a trader, i don't play the zero sum game.
Lets assume alex, famousamos and apabagus is actually in the green and very much so now.
For every one of your guys, i am willing to bet that there is at least 5 poor sods in the red.
And this is over a 15 year database.
If you know anyone in a brokerage with the data, i am willing to take on the bet. With any of you. Name an amount, i'm not rich though, so its mostly for fun hahaha.
===== Posted by Apabagus > Aug 25, 2018 08:37 PM | Report Abuse
Baby after reading a few books think he can fight a war.Even veteran like 3iii also no one give a damn.Oops,it's time to change diapers for baby jon!
I am not against Buffettology. Who am I to question a great investor like that with solid proven track record ?
I AM AGAINST APPLYING BUFFETTOLOGY IN MALAYSIA.
Apart from Top Gloves, PBB and few others, how many Malaysian companies can consistently deliver growth like Coca Cola , Gillette, etc ?
=======
Warren buffet, his company now, insures the kind of risk no one else dare to insure. Multibilion dollar hurricanes, earth quakes, terrorism, micheal jordan legs.
Is he conservative or adventurous?
You need to revisit and study again your definitions and thinking.
Jon baby.Let's answer this question first.If W Buffett was a Msian instead of a USA citizen and he can only invest in bursa, what cos would enable him to get the results he achieved now as a usd multibillionaire? Final reminder to you baby.One yr experience dun talk so much.
by probability > Aug 25, 2018 06:23 PM | Report Abuse
as such, the objective in i3 should be more about unmasking the risk of a high risk (perceived) high return stocks ===============
yes I agree.....a lot can be gained by knowing and thinking of risks and the risk - reward relationship.....but if everyone only thinks about the risks....who is going to commit?
can KYY commit so much if he worries so much about risks?
me? I think there is no free lunch....Higher returns are earned from taking on higher risks, ....and keep your fingers crossed.
Sadly, we can’t simply change our personalities as we wish in a short time. That’s how ‘I ‘ formed. Why being so greedy? We can make a good fortune when our personalities fit into environment if we mindful where we are and applying sailang style. The rest of unfit period....enjoying life lor.
Sadly, we can’t simply change our personalities as we wish in a short time. That’s how ‘I ‘ formed. Why being so greedy? We can make a good fortune when our personalities fit into environment if we really know our ourselves and applying sailang style. The rest of unfit period....enjoying life lor. ==========
Why TG, PBB not in your portfolio? Why instead choose LionInd, WCE, Ekovest-W, etc?
Posted by Icon8888 > Aug 25, 2018 09:03 PM | Report Abuse
I am not against Buffettology. Who am I to question a great investor like that with solid proven track record ?
I AM AGAINST APPLYING BUFFETTOLOGY IN MALAYSIA.
Apart from Top Gloves, PBB and few others, how many Malaysian companies can consistently deliver growth like Coca Cola , Gillette, etc ?
=======
Warren buffet, his company now, insures the kind of risk no one else dare to insure. Multibilion dollar hurricanes, earth quakes, terrorism, micheal jordan legs.
Is he conservative or adventurous?
You need to revisit and study again your definitions and thinking.
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....
Koon Bee
5,187 posts
Posted by Koon Bee > 2018-08-25 15:00 | Report Abuse
Calvin style = tell 1 lie to cover another lie like our ex-PM until he believe all his lie are real.