CharlesT sifu I salute your observations over other. You made your points.
Rr88 s sharing not entirely valid or true, it's more to a mixed goodies. It's always better to do a cross check and clarify before taking others advice completely.
I know rr88, I used to debate with him in comel Corp (Comcorp).
My take: This is the peak. Technically it is a Head n Shoulder pattern in progress. First drop to 0.95 - 1.02 moving sideways for a while. Next drop to 0.75 to sleep n die there forever.
Because: Tech stocks US Nasdaq bounce is not sustainable. Its a bear trap bounce. Evident from its chart.
This is 2022 not 2020. History will not repeat. For example, Greatec dropped from 7.50 to 3.50 but only bounced 50 cents.
Grandmaster says if your cost at 1.08 n market at 1.20, you do not set a cut loss. As price coming down, you take your smaller profit before turning to a loss.
If after you buy, price is ding dong ding dong around yr cost, set a cut loss point at 5 - 7% below yr cost. At 1.08 cost, cut loss point at 1.00 - 1.03. Once hit, dump it no matter what. Never hesitate. It is to prevent an unexpected disaster.
Trade no more than 30% of yr available cash. Because every 10 traders, 9 lose money. Yr chances of winning is only 10% over time.
Im not into sfp. Just visiting. I hv also out from topglove with 4.7% loss. Now i goyang kaki with 100% cash.
alrite..grandaster super rr88.. but..but.. why master grand super rr88 burn all profit when cut kuku at TG? rm200k plus huge loss woo hehehe so..paktua decide to stand here until kukubrid no more up woo.. paktua n red legion love red wave woo.. and our journey near to reach ready.. hehehe
tut tut bye bye sifu grand grand master rr88 muahhhhhhhhh
Simple indicator if u Don wanna see technical or fundamental 1)no one care commenting ( can start to collect ) 2) people start commenting(last call to buy) 3) when dreams of retiring early, super cars, to the moon dream popping (time to run) 4) comments start slowing down ( last call to protect profit) 5) when comments that bashing this stock, no use stock , no use this no use that (it's time to buy again)
evenings. as many ask paktua to setup new free public forum.. too get update paktua n team battles war.. and get info directly from paktua.. paktua fulfil the request..
just find paktua id on tele below.. and write own username.. paktua will adds to new p.forum..
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....
CharlesT
14,572 posts
Posted by CharlesT > 2022-08-16 12:33 | Report Abuse
Posted by VenFx > 30 minutes ago | Report Abuse
Some point his TA observation I cant complain.
Indeed he is good.
U better learn his trading skills if u wanna earn easy money.
Once he bought any shares he will predict TA breakout soon with high TP
Few minutes later after he sold for few cents gain (if luck is good lah) then he will predict bloodbath soon n price will collapse
Few minutes later after he bought back he will predict TA breakout soon with high TP
Repeat this 1000 times then u will master his secret of Trading.