Never go into stocks which are rising up too fast without any fundamental. Look @ financials, their profit for every quarter and does that justify the price. All the best to everyone on goreng stocks. Good if know when to go in and come out (timing) and not greed. Don't chase when it has gone up too high without any fundamentals.
Systech is moving within a tight range 30.5 - 36. This sideways movement is accumulation for the next wave. If it break 36 sen, it will retest 39 sen. Currently due to the goreng stocks..sentiments are fragile...as investors are quick to take profit before it disappear. So when it reach the resistant it came down to the support. But at least systech don't give us the heart attack like what Wintoni is giving us. So far it always rebound from the 31 sen spot and traders are quick to grab the cheap stocks like what happened today.
after kena UMA when reaching the highs on 0.395.. it seems quite slow recently.. but for long-terms players like myself, richkid (Awesome promoter), others fellow traders.. NO worries..
it will rebouce back to its GLORIOUS DAYS to 0.395 or even break it to reach new heights beyond 0.40!!! Let's hope for the BEST!!!
like to ask everyone here. What is your percentage of gain starting Jan'15 till now (need not mention how much you put in ). In between getting stuck and some would have been making too. It's not also going in and coming out of a goreng stock but weather you made a good profit out of it!
Bank interest rate @ about 4% per annum . EPF interest rate @ about 6.5% per annum. You all should be making more than this if you are into the stock market. Just my 2 cents.
@Siva68, just to share.. last time when I put savings in FD for few years, they gave return of 3.7% per annum.. when I learn about investment & stocks from seminars & my friends recently, i switched to invest in bursa msia.
Totally newbie.. started just 3 months ago.. losing money initially.. after learning some lessons, my performance improved. My aim is 5 - 10% per month. attending seminars for investment & stocks really opened my eyes to the whole of financial education & management.. it worth every penny you spend to increase your consistency & performance in stocks...
Later will attend seminars to learn trading in US stocks particularly & foreign stocks (eg. Singapore, Australia, UK, etc). They say trading in US stocks is more profitable coz its more transparent.. Average is 20% to 25% per month.. Msia is 10% -12%, better than Singapore which is 8%..
still a newbie.. got lots to learn here.. we have been attending academic learning most of our lives but we dont get to learn financial literacy at school.. thats why many people got stuck in debts, loans, overspending, etc. thus the 1st step to financial education & freedom is to learn it.. the rewards would be worth every effort & time we spend..
gassboy, part of my savings. Started trading on my own in Oct'13. Just to share (not to boast), my gains on average been 20% to 30% per annum. Definitely there others in this forum whom are doing better than what I have. My wish is for all to make a good gain. Hoping today will be Systec day. When it crosses 0.40 there is hope of a another 0.10 gain so in total at least 0.20 gain. A bit stagnant at the moment.
Raydiant, all the best. I am here to learn along the way and share. No idea about US stocks. I would have been the happiest person if I did invest in Citibank when US market crashed (not mistaken, it whet down till US1.00), correct me. See where it is now. Ha.ha. too late for now. After all the seminars, Raydiant can be the 'Guru' of the future. Good luck my friend.
@Siva68, Good Morning! thanks for the encouragement bro. Me no guru at all.. just to share my learning experience..
I believe here in the forum are more 'experts' than me.. those I can call 'Guru' are those who can make min 1 million & above per year in stocks.. thats why now I am learning from them..
@ghost2014 how are you? Wintoni confirm 70 sen this coming July ? I trust you. Anyway systech is still doing some ding dong...across the board. Just let it long term waiting for next QR.
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Posted by gassboy > 2015-03-18 17:48 | Report Abuse
Ghost2014, it is good to buy wintoni now? I see it has down.