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/
yup bursastockdummy ... position trader / swing trader / scalper !! each trading with different time-frame charts ... have a look and then decide for yourself what sort of trading that best suits you :)
cwingz,i do not expect any meaningful rally till after next fed meeting around mid june,no right minded ppl will fight the fed. further,crude is topping out currently n ringgit is weakening...n global mkts does not look good. too many negatives...
Sifu Rchi, have been following your updates here. Unfortunately, I have promise myself not to touch index anymore (my losses in index are just too painful). Lets go fish again when the storm is over. Cheers
Funny, I like it, duit. ------------------------------------------------------------ Posted by duitKWSPkita > May 23, 2016 05:29 PM | Report Abuse Last Friday I gathered 3 of my frens name Thomas.. My fren Thomas Chong, Thomas Asli and Thomas Quek watch the games with me... Who knows 3 Thomas gathering also lose... May be need 7 Thomas next round
Kitty28, the F-H43 and 67 did not move much even the KLCI is going up is because of "manipulation", someone holding the warrants don't want to see the price drop so much hence artificially jack-up the bid and ask price using two trading accounts. This will not last long, when index going up to certain level, if the fair market bid price is 2.5c but the jack-uped bid price is 3.5c, some investors will start to sell to him. He will be in trouble to keep absorbing the selling.
Then, there is another attachment on HSL that says 'Maintain : BUY' ! 1Q16 results were in line. With two sizeable job wins YTD, its solid outstanding construction orderbook of MYR2.4b would lead to strong earnings growth. Meanwhile, HSL is still vying for more contracts to grow its orderbook further. Maintain our earnings forecasts and BUY call with an unchanged TP of MYR2.45 based on 12.5x 2017 EPS (mean valuations)
for intra-day trades, you can not find any index warrant better than HSI. The intra-day high and low of HSI is large enough for traders.
KLCI does not move much in a day, so KLCI index warrant is more suitable when there is a trending market -- either uptrend and downtrend, and it is profitable for keeping days or weeks. It is not suitable for sideway market.
if you must trade KLCI index warrant, you have to choose one that is responsive. Its exercise price must be close to the current index future.
ss1967 .. your raya is really stubborn :( hope she will break 26 soonest for ya !
May 21, 2016 04:46 PM | Report Abuse ss1967 .. raya is trapped in a range between 22 and 26 ! if break up, she will face strong res at 29 .. if break down, she may slide to 62F at around 20 or even 78F at 18 .. currently, she has pulled back to 50F at 22 .. so, for further upward movement we really must see that she breaks 26 (key res) with vol and ultimately the critical res at 29 .. not sure when u chased this bugger but an alert had been raised when she failed to take down 29 with a negative div from both macd + rsi in early feb :( on the price chart, a double-top pattern was formed ! perhaps it's a good idea to tighten our stop loss / trailing stop upon sighting such signal in future just so we are not caged too long :(:(
rchi ... eh petronas still got money to bail out 1mdb humongous debt ?? let's see how long more our local boys can absorb all the selling .. today's low is 1626 ! can they support this floor ? we shall goyang kaki and see :)
Goody99, thanks for the info. I knew that KLCI is not really suitable for day trade, I'm only come in when there is an opportunity. In this case, I'm looking for a bigger gain rather than just 0.5c, C28 should be very good for day-trading but it just too risky and 2 days left before expiry. So the next in line is C38 and C46. C38 effective gearing is 29.3 versus C46's 17.4. For current price, an increase in 0.5c for C38 (price 3c)is 16.7% whereas for C46 (price 15c) is just 3.3%. For C38, my strategy is if I can hit big then I will sell at the same day, else will carry forward for few more days.
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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/