mother share in very good sentiment right now, warrant should follow suits. for it to go for 35, with take sometime... but if qr is good. Good announcement etc. everything should be good. but today is normal for profit taking after shoot up a few days. lembik already, bertenang time before become active again.
hahaha you all afraid kah? mother will move upward. this type of stock will attract big boys n fund manager. I sold off my Kheesan. Monday will topup Homeriz if have chance.
steady la, pull back a bit only all shaky..how to make money like this? I hv gonethru many turbulent, in the end make more than 40% in the end...mentality is iimportan, if u r hoping to make money within 3 days, dream on..u will lose money in the end. Homeriz is a better cash company with good div yield. It will back to .80 even .90 one day....
There's a reason why I was being fidgety, I have always been an investor. I very rarely do short term tradings.
My cut loss point has always been 10% max and I'm always committed to it. I would say this is my strongest point, because capital preservation is key to me.
But this time I wanted to try short term trading, and all of a sudden -12% hit me in the face. This is clearly not my forte at all.
All of my best ROI are long ones - IFCAMSC(b: 0.195, s: 1.20), INARI-WB(b: 0.475, s: 2.50), ALAM(b: 0.675, s: 1.20), TAS(b: 0.58, s: 1.12) and KNM (b: 0.10, still holding).
When you try something out of the norm, and an out of the norm issue arrises, it's quite normal to be a little bit panicky about it lol. But I felt quite relaxed about the whole thing after a good night's sleep. Maybe the adrenaline rush has finally subsided.
A lot of investors in the stock market are short term traders. Many are gamblers meaning put in money today and hope to make 10-20% in 3-4 days (T+2). Hopefully will then use the extra funds (original+profit) to punt in another speculative or fast moving stock. They hope to achieve the same result and replicate it again and again. If investments in financial markets are so easy then there won't be anyone working anymore. Why work from 9 to 5 instead of being a keyboard warrior? Banging on the keyboard to make money, why not?
Heck, investing in financial markets is one of the most difficult task ever known to human beings. You are competing wit the best of the best minds around the world. Your competitors are not only local analysts. fund managers, stock jobbers and operators but also foreign ones. Many of them are equipped with MBAs and PhDs in Finance. Not only that, they are all well trained in areas of analyzing, trading, money managing and psychology. So, how can you fellows compete.with these guys?
Even these professionals have difficulty in achieving a 5% per annum !!! This is because their business model is based on the 3 and 20. Fund managers normally charge 3% annual service fees (even though the fund losses money) and 20% of the profit (if the fund makes money). Wow !! you guys here dreaming of making more money than what fund managers are making? Heck, do you know how much expenses incurred in running a fund? Office rental, clerks, analysts, sales personals, utility bills, entertainment bills, transportation cost, high end Bloomberg terminals (USD 2000 each per month). and so on.
Sadly to say, you guys are their meat. Since stock market investing is a zero sum game, when one party wins then another party losses. So, at the end of the day total losses in the stock market equals winnings. Just ask yourselves, how many of your friends make it big in the stock market? How many are driving Porsche and Ferrari? I can confidently say that almost NONE. Most of them are still looking for the Holy Grail of investing. Holy Grail doesn't exist in investing.
Because the market is dynamic. Prices are always on the move and not stagnant. The stock market is a living organism and it's prices continue to move around everyday. So how can you predict it using either FA or TA? The best they can do is provide an estimate. Meaning you are lucky if the stock price settles with a percentage of your estimated price range. The best estimate is by using the Reverting to the Mean technique. Stock prices will always revert to the Mean after being overbought or oversold. This is a no brainer method.
Just look at Homeriz-WB. The volume traded as follows.
09/07 - 99 million shares 10/07 - 52 million shares 11/07 - 52 million shares 12/07 - 32 million shares
The NOSH in WB is only 75 million shares. How the hell can it turn over by more than 100% of its NOSH on 09/07? And how about 66% on both 10/07 and 11/07? This can only be achieved when punters are in the market. They will go in and out a few times throughout the day. When all these punters busy making hay when there is sunshine then how can the share price reflects the true value of WB? This is because when the price settles down at 4.50 pm, that's when all sellers and buyers have finally agreed to that closing price. Tomorrow the same old story begins depending on the psychologies of the buyers and sellers again. The price will gyrate up and down throughout the day. When there is panic (like during the closing minutes on last Friday) punters chuck it like a plague. When it is euphoric on Monday (New high on Dow and S&P) punters will again chase it up to the moon.
One way to ignore these madness is try not to get psychologically involved. That you need to be a master of psychology. If you can master it riches will come your way. And you will be te one driving either a Porsche or Fetrari !!
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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....
bojed
5,064 posts
Posted by bojed > 2019-07-12 14:38 | Report Abuse
Son just keeps on falling haha