Glad those short term players (can't even name them investors) get flushed away. :) More healthy movement for this counter, I still have to thank them given me chance buying at low
Yalar, better go below 2 so that I can sapu more. China steel market price retreated a bit but still around RMB4000, this is healthy 6-8% correction consider steel price up 30% since beginning of this year. If you understood China future well, you will know in China market price is not following future, but is the other way round. 7% one day can bounce back lar, super fluctuated China commodities market limit up or limit down is small piece of cake lar, nobody really care unless you are one of the gambler inside that market.
Some people spreading bad news because they don't owned the stock, or they hope people will sell it so that they can buy it at lower price.
Some people spreading good news because they already owned the stock, and hope other people will come and buy it so he can sell it at higher price.
Then, the interesting part of stock market come in...
When the share price really come down, the one who spreading bad news no dare to buy, because the share is on down trend, and it doesn't look interested anymore, so they guys decided not to buy it.
When the share price really surge up, the one who spreading good news start to believe on the good news that spreading by himself, he start to believe this counter has more rooms to go, and whole market is discussing this stock, very hot, so he decided not to sell it, wait n see first.
Bro Albukhary, Damn Good One on your comment but I would like to reiterate one more thing that is when you think its time to let go then let it go lah as the you wont able to enjoy it once you have not cash out . Enjoy Life While You Can, Be Well Be Happy
antidebt, today China steel future bounce back nearly 2% why don't you also do an update? Bear market is refer to 20% correction from the top, China steel market current price retreated ~6% from peak, is consider healthy correction and foresee will move north again as winter is coming, plus normally in Q1 there will be a boost in demand that will keep the steel price stable or moving higher. We are FAR from "BEAR" market do you know? Don't simply misleading people without any basic understanding.
Poaylum, sorry to heard about your lost. Reality is like that, you invest and hope to make some money, at the end you suffer lost. Hope you earn back from other counter.
Still about 2 months before next result, the operator need to shake off weak players and absorb as much as they can. If you want to earn money from stock market you will have to know their scare tactics and the way they run the show. 与庄共舞,that's how I make money from market. I am talking about big money, not the small 10-20% you are thinking.
Pity those OTB followers, they blindly follow the "tip" but they will miss the big surge at later stage. You won't know when the surge will come, operator won't let you come in and buy at low easily, and when they push, it's furious and you won't dare to buy in without strong confident in this counter.
If I tell you the ultimate target price you will be laughing, especially in recent downtrend. I can tell you I have been following this counter since one year ago, even at 2.50 I am still buying, next wave can easily surpass 3.20, 3.50, but I can tell you that's not the ultimate target price. People is concern about the share price surge so much, have you been in counter surging 400-1000% before? I am here to earn big money, sorry those 10-20% are not my cup of tea, and I only focus on max 5 counters for one country at the same time. I am pro investor, not even bother to collect money from anyone to provide any "tip".
If you really wanna earn big money, study study and study as much as you can about the company you are buying like you really own the business. After that everything will move according to the direction you predicted, small correction or fluctuation along the way give you opportunity to buy in again. You don't even need to panic when correction come, you are happy coz weak players flushed out and the share price will move up again. There is no stock keep moving up without any correction, from the time you buy, till the time you sell, the end result is your ultimate gain. Anything along the way just paper gain/loss, nothing to worry.
After this week I will be back to China and you guys won't see me make a lot of comments anymore. China is my homeground and they are playing different kind of game over there, but the fundamental principle is the same. If this kind of small correction make you panic selling, you will be getting heart attack over there. :)
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....
Rukawa
126 posts
Posted by Rukawa > 2017-09-25 11:44 | Report Abuse
师傅教落,有钱唔执,对不起乡亲父老。:)