Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
billy .. thanks so much for the link !! hmm 3 peaks and a domed house .. interesting but i still see waves :) 3 is our sw3 of 3rd then 5 is a truncated sw5 of 3rd then 6,7,10 is a 4th wave flat correction then 23rd is the 5th wave and finally followed by an A wave (24 to 28) zigzag pattern .. a sharp correction indeed cuz the 5 waves structure have completed its course :) i took profit from 3A already .. ah con very cheapskate .. when there is profit i sure sapu first !!
Posted by Bilis Bilis > May 5, 2016 05:27 PM | Report Abuse Yes ,1.14-1.15 likely soon, but my QUEEN ,you DESERVE n expect more than mere 10 cents from Kuok Bros/Federal Flour/China Operations..... You shud be patient for FFG or its operator to draw you this chart : http://jeffhirsch.tumblr.com/post/123059521013/three-peaks-and-a-domed-house-top
Today I learn a very painful lesson and want to share with the rest. During middle of March I bought some units of counter share by looking at the chart, it seems like if the counter break the resistance, the counter will have another high. VERY UNLUCKY, immediately the next day I bought the share, bad news come out, and of cause, the share price drop sharply, and I thought I have the holding power and so I didn't n CUT LOSS, but I average down, and hoping the price can stabilize and re-bounce like what happen to AirAsia. The share price of the counter keep dropping but I didn't sell due to there were still buy call from those investment brokerage house. I sold the share today and lost 50%.
I am still learning when to cut lost and when not to cut lost. There was one time I cut lost on SUPERMX when the price drop to RM1.90, and the share price immediately rocket high to RM2.30, RM2.50, RM3.00.
Bought hsi-hw @.525, it looks like the bear will be in control for quite sometimes as the HSI futures is ~130 points lower to the cash. It seems that what I observed is going to happen next week.
Better sell first and ask question later. You can always buy them back . Maybe not using the term "CUT LOSE" will help you (it sounds too negative). Instead, convince yourself to use the term "Sell High, Buy Low" (sounds more positive).
wei .. thanks so much for sharing your experience with us ! we; traders, encounter this sort of situation all the time .. money management is of utmost importance for traders .. painful is okay so long as we make use of such rather pricey lessons for future trades :) don't give up and continue to fight in this bursa war zone !
wei,to me cut loss is like eating porridge,i do it easily... .if unsure of cut loss point,make it a habit to cut if you lose 10%...take care of ur wallet n in turn it will take care of you.
the only protection you have against the sharks is 'cut loss'.
Yes wei do learn from rchi cuz he is an excellent trader .. I get inspiration from rchi .. from hng33 whom I admire quietly from far :) these guys are great :)
hehe connie no la,m not doing much trading except shorts.
btw fed is expected to raise in june,thus the strength of usd,thus the sell off in global mkts..pls note in this instance any rebound will not sustain.
redx4 .. below is from duit in rexit thread !!! aiya hit his TP1 already :)
Dear Fighters, I am watching REXIT this week. The news shall be announced to the public in sooner. Therefore, all are welcomed to monitor this counter. Entry price : RM0.505 TP1 : RM0.565 TP2 : RM0.650 Cut loss target: RM0.490 Validity: May 17' 2016 (Tuesday), 3:20PM Happy trading! 29/04/2016 15:59
JT8888, today more confident to buy F-C is because BN is going to win in Sarawak election, next Monday KLCI may go up to ride on the euphoria. Be wary, it may not be sustainable.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/