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/
I wan to pre-warn U... market might temporary crash becoz once this Nokia Ular (3310) flooded market... PPL will crazy for the snake competition and temporary no one will play share market.... at that time U can only sell but no one willing to buy... market will crash..
Connie lenglui...........no more counting waves liao :(:(
It is now on a new set of wave cycle....a w2 combo, hence someone is accumulating. The minute u let go it will shoot up. LTH is waiting for u to sell to him lor....LOL
aiyo duit .. my ksl lagi worse !! neither up nor down and LTH is buying almost everyday ... macam mana ni ??? bonegor no help me goreng ... perhaps i shud put a time stop already :(:( huhuhu
don't la abangadik .. we just cheer for them !!! all these investors also did a lot of hard work studying the counter and have valid reasons to go all out i guess :)
this is one recent example why TECHNICAL trader shud not mess with QR release ... look at the bullish candles yesterday !! in anticipation of good QR ??? buy ??? then what happened the next morning ??? ouch, zoomed past cut loss level ??? yes, price may rebound if long-term investors come in to grab at low price ... or bottom-fishing traders help push up .. BUT what if the short-term buying strength is not strong enuf to push price back to your cut loss level ??? at times, staying sideline is also a good strategy .. it's not worth it to take this sort of risk ! what is your tot ? :)
Jul 26, 2017 03:31 PM | Report Abuse duit ... wud like to share these points with newbies who aspire to be traders and not followers :- 1) do not dabble with high-risk warrants; eg hsi 2) do not mess with counters with lots of controversies; eg fgv 3) do not buy when QR is just around the corner (any bad surprise u may not even have chance to cut at your price !) .. traders are NOT investors who will ride the storm from one bad QR result 4) set cut loss at 1% of your capital to stay in the market long enuf to find your edge (if not any big loss will wipe u out in a blink of any eye) 5) based on point (4), do your position sizing correctly .. eg buy price RM1 and cut loss RM0.95 with capital of RM50K .. u can buy 10,000 shares cuz if u cut loss it will cost u RM500 which is 1% of initial cap of RM50K (note i did not include fees like brokerage / stamp duty / clearing) 6) read up on money management .. fully understand it before u even decide on your trading style (position / momentum / swing) 7) accept that all trading styles have pros and cons .. there is no holy grail 8) stick to your trading style and forget about a hot counter that does not meet your set-up criteria (u don't have to follow the herd)
My edge is I sell to kyy when he promotes it.. Already 1 1/2 years I hold and he has yet to come out and promote Gkent.. Uncle K please do so I can sell already!!! I sudah mau 400% untung liao.. i buy small small only at 10,000
Connie, I always remember your third point whenever my hand itchy or wanted to test my own research. You mentioned this long time ago. Thanks.
3) do not buy when QR is just around the corner (any bad surprise u may not even have chance to cut at your price !) .. traders are NOT investors who will ride the storm from one bad QR result
allwin ... i paid an expensive lesson to learn this :( furthermore; the anticipation of good QR was backed up by views / opinions of the FA folks :(:(:( u are most welcomed allwin !
u always seem to go for good stocks with warrants.... suddenly change wind
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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/