From October until today I earn more than 1000%. Imagine if today I still hold glove konon good fundamental do you think I can earn 1000% above if I still follow those outdated mindset sifu or like you, today I believe I still losing money.
If you are confident that gloves are good fundamentals, why don't you just buy more, and keep them forever?
The truth is, that you know that gloves are going to turn to crap once pandemic is resolved, so you are planning to sell all of them at that time. Unfortunatly for you, you decided to play hot potato, and you got stuck holding the potato.
Like, I bought Genting. Now that one, I really believe in the fundamentals, I am perfectly happy to hold onto it for the next 20 years, no problem. hahaha.
Marketsifu, I know you are like that Uncle advisor... super PROMINENT remisier analyst who practiced TA first FA second... Marketsifu, your modus operandi is buy first and then tell your followers to buy after you... at that time you sell all to your followers and earn handsome Rm. You think we old timers don’t know your tactics kah?
When the tide settles down, then we will know whether this self proclaim marketsifu is swimming naked or not. If you made money by "pure luck" during good times, you will lose all your earnings during bad times.
No lah..marketsifu is at the height of his success..with golds and diamonds chains all dangling around his neck and wrist..punting penny stocks like no tomorrow and earning more than 1000% return. Fortune favours the bold.
To be fair, should also allocate a small part of my portfolio to joint his party and join the fun, and dabble in penny stocks,to spice up your investment journey. just like when u go Genting gamble, (unfortunately cannot now coz of MCO, so can only do online gaming), the adrenalin rush of winning give you a certain "high" which you cannot get by investing in fundamental / value stocks, which may sometimes take a while b4 it is priced in correctly..lack the high and rush of instant gratification.
To the younger generations, patience is not a virtue anymore, it is viewed as a sign of weakness. Make bold move, take big risk and hit the jackpot -- that's life, exciting and not boring. Yeeee Haaaa.
jasonred79..ya, just like what you have said, i added some glove stock yesterday, i.e 21-1-20201, not a lot, just a bit to bring down my average further. thanks for your sacarstic suggestion, as today 22-1-2021, it went up. But don't worry, i will not keep them forever..I never fell in love with any stocks.
@Pharker What do you.. The minute you said average down I think you still losing money in glove. I just advice don't stick with old generation investment method/skills. Have to change your mindset. Better allocate 80% in penny stock & 20% glove. As glove good fundamental but chart show downtrend & IB RSS. Why wanna waste time. Be a smart investors
Haha, those tech and penny stocks all extremely high now with pe >100 some more weak fundamental with eps cents or negative, wanna lure us into takeover your position and help you out from glove short later we all die losing hugely on tech and penny while gloves rebound with your buy back, sorry I wont fall into this. No interest at all with your tech bubble
@marketsifu. Thank you for your kind thoughts and advise. To be honest, this is my 8th round ( In and out) of glove play since beginning of 2020. Each round I made money with the largest being the 1st round. To be honest, my last round (8th round) is the only one that is in a losing position. Previous 7 rounds . all made money. But my average for this 8th round is now closing in to the market price, but still losing nevertheless. But overall 8 rounds ( net net) still very much in the positive territory.
The market needs player like you to be more colorful, more interesting, without investors like you, Bursa would be quite boring. So play your role, and remember to learn something since you are the new gen investors, quite new to the market, and I am sure the market has many things to teach you in your investment journey. learn well, good luck and wish you success.
The performance in stock market is not measured by 1 year or 2 years. You must at least continue to make profit year after year irrespective whether KLSE is bearish or bullish. If KLSE is bullish, you should make more. If KLSE is very bearish, at least you do not lose big money.
I am very happy to hear someone made a lot of money in stock market, I hope he can preserve his gain for next few years. Making a lot of money and lose back later is not a good record.
Please keep track your records and show me after a few years. If the records show that the gain can be kept without losing back to the market, then you can be considered as a good investor. Good luck. Thank you.
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....
Marketsifu
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Posted by Marketsifu > 2021-01-21 18:12 | Report Abuse
From October until today I earn more than 1000%. Imagine if today I still hold glove konon good fundamental do you think I can earn 1000% above if I still follow those outdated mindset sifu or like you, today I believe I still losing money.