in the heydays of 70 to 82 sen, i remembered 2: sifu aseng of kajang satay n dk66, the best # 1 kon man with bombastic england = every week he blog convincingly to the max for a solid yr.,.
TREND IS UR FRIEND all angmore n amore would shout in all stock events n conferences in the dunia.
many times over, i was asked for advice on what to do for purebear stocks. TIS my take:
PureBULL >>>, [2023-11-12 4:19 PM] AEMULUS is a giant purebear on its -ve sloping down gradient since Jan 10th 2022 when its weekly close price, C is below the {weekly ema 18 line} = [the wavy ZERO axis of all stocks] = must SELL 1st on that Friday, n think later. Weekly macd < 0 axis = killing field begins.
amore called macd, the momentum indicator of stocks. In physics, Momentum = Mass X Velocity = In stocks, Vol X Speed of rising HIGH.
this fin mountain is a classical CASE STUDY to relearn How Mkt Works... UPtrend is your friend =
always take risk only n play on the left side of this fin mountain i.e. Weekly price, C > ema18 line = purebull n use the light hollow candle as the uptrend sign by the steps, like going up our staircase. A series of HH, higher high of light candle = pureBULL
Always avoid purebear stocks i.e. weekly price, C < ema18 line = never send ur financial soldiers to fight there = they will all be simberleh!
The Mkt secret, few players know: there r 2 to 4 cycles p.a. on KLSE. meaning there r many UPtrend stocks to play in each new cycle. A few will be super A1 stocks to BIG money in every yr if u have the A1 Template to catch them at right timing.
why risk ur hard earned money buta-buta in purebear stocks:
PureBULL >>>, [2023-11-12 6:12 PM] Sifu .."trading is an intellectual endeavour where most investors fail to make any money ". When u mentioned having lose money..was it because u change strategy to become short term trader ?
PureBULL >>>, [2023-11-12 6:12 PM] OBEY THE RULES
there was this super sifu of SIN, his name is likely clement chan. he beat his chess v hard to stress the pts in a large group. obey the rules was his best shout.
I have my RULES yet many times I disobey them due to old HABIT. I did play class B n C stocks. when they fail, they drop down v fast. n I oso play A2 stocks hoping they will rise HH to A1. many briefly hit A1 n fail.
i can't be a superman to play all classes of stocks is my rule too.
so CUT LOSS at 9% i.e. a good braking system is so important to arrest big losses. I oso fail to cut loss fast. i waited for another 1 to 2 mkt days, there the losses become double to 18%. i cut there just to punish myself hard!
Never miss A1 stocks is my best rule now. I am always a cyclical investors. when right, hold for weeks to say 2-3 mths max to harvest WELL.,.
Haha as for Jaks case study .. since 2019 Jaks is improving on its Financial Balance Sheets . and the price is sliding down!!!!! lauff me die!!!!! haha
My logic is simple, I don't use Graham number, DCF, NTA. Just based on market sentiment. Kossan and Harta price broken 52 weeks high when reported profitable result. I believe when TG managed to report a profitable result breaking 52 weeks high is not an issue at all.
I wish to share some honest advice , if you can't wait , can't afford to see paper loss or can't afford to lose you life saving , then it is better to SELL and start your life anew if you are not new to the market , you know price never move in a straight line ; with every downtrend comes a rebound, and with every uptrend, there's a correction. SELL at the rebound , and free yourself from all unnecessary frustrations that even seasoned investors like me also find it difficult or challenging to endure.
yes , talking about chart I also have a few words to share . chart is historical records , history can not be destroyed but can be created . so is the chart . it can drawn going now today . it can also can be drawn going up tomorrow . sorry to say , most of the loser in shares trading are those who take the chart as the BIBLE of their trade
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....
Huangbk72
5,225 posts
Posted by Huangbk72 > 2024-03-03 17:46 |
Post removed.Why?