No need to sell of early.Show above ask to sell just sell.The market would not eat all ur money.More thn half of ur stock not speculative stocks.Just it turn more volatile.Tht all.Just wait before July end.By the way, I did not ask u to sell all ur stocks.Just market drop coming(Third quarter).
Please stay out from company did not have profit or speculative company.Some off ur stock need long term(few years),SAP and XDL),Permaju PA.Ur 1 lot 100 unit or 1000 unit????
Posted by Winzzy > May 14, 2021 12:21 AM | Report Abuse
Sifu, can you advise which my stock can hold or cut?
My 1 lot is 1000 unit. Do I sell those speculative now or by July?
Posted by Michael Kwok > May 14, 2021 7:21 PM | Report Abuse
Please stay out from company did not have profit or speculative company.Some off ur stock need long term(few years),SAP and XDL),Permaju PA.Ur 1 lot 100 unit or 1000 unit????
Posted by Mabel > May 14, 2021 9:57 PM | Report Abuse
As humans, it’s difficult to practice patience because…
We associate doing more with better results. We hate being bored. We are exposed to A LOT of noise in social and financial media. We don’t like seeing our losers, so we sell on no fundamental news. We often position size poorly, so we always have to keep on trading around our position. We focus too much on quarterly earnings. The list goes on…
As you probably know, the best investors make the fewest decisions...
To see2sea, just be patient, ok, as what Mabel, the big meow, has always practised. Do not be so pessimistic after just a volatile moment. As Sifu Michael has said, we are not buying at the top and we are not buying at the lowest point. So, just be patient and wait for your time when the stock rises!
As long as we stay away from the speculative stocks, I am sure we are safe from the hands of the sharks and syndicates. Unlike our past experiences, as you and I have encountered. So, cheers!
Missingpuzzles u are right.Good stocks should put into value investing.I dun ask people to put all into long term.U see glove counter,u see good technology stock,boom it's went from villain to hero. I just ask,just becareful in 3 rd quarter 2021.If people can tolerate volatility in good stocks,then how rich the people will be.
Just ask people to be cautious in buying stocks.U see I have 4 set of stocks to give away.But there people just copy and buy 2 set of stock I choose.It may or may not have big drop yet if the market not hot yet(high volume).
This 3-5 trading days must sell of K-Power off(Set price rm 1.90).Ask ur remisier set for 1 weeks.No point buying.Dominan buy on bargain after u sell K-Power out. burking 32 posts Posted by burking > May 15, 2021 10:43 AM | Report Abuse
Posted by Cheer123 > May 15, 2021 11:02 AM | Report Abuse
Sifu Michael, can give advise on my current holdings 1. Scbuild 0.07 (70k unit) 2. BSLCorp 1.00 (10k unit) 3. Permaju 0.18 (30k unit) 4. MPay 0.185 (30k unit) (Sell immediately On Monday after 10.30 am) 5. Artroniq 0.485 (20k unit)(please sell at 44 cents(Set for 3 days) 6. Orion 0.075 (100 unit) just 100 unit or 100k unit ???? 7. LKL 0.377 (20K unit) 8. Smetric 0.18 (40k unit) Almost all red now Sifu, hold? TP?
Last but not least, Calvin Tan once said, one has to know the difference of "return ON the capital" and "return OF the capital"! Do you understand what he means?
"Return on the capital" means that a person thinks only on the profit gain, whereas "Return of the capital" means that a person thinks on the capital money. This is where "cut loss" comes into the picture. When you cut loss on a stock, you places more importance on the capital rather than the profit itself. This is why Sifu Michael has been advising us to cut loss on a particular stock whenever he sensed a reversing stock. As long as you don't cut loss on it, the declining stock will become your paper loss in the end and your capital will shrink till the support level of that stock. The market of course won't eat up all your money, only that your money (capital) has shrank, that's all. This is also what Sifu Michael meant to teach us all, ok.
When you are at the bottom or near bottom, what else are there for you to fear?
Thanks MissingPuzzle for sharing and of coz thank you so much to Sifu Michael for all the advice . appreciated much . Me too, paper loss now and trying to learn . Cheers
Please sell Orna(all) by 10 am tommorow (Monday).Its already have its upward.Buy MI at below rm 3.30 4000 shares; please set price for 5 trading day(Sell above rm 4.50) Posted by Winzzy > May 14, 2021 12:21 AM | Report Abuse
Sifu, can you advise which my stock can hold or cut?
No.dun buy dnex.Only long term.It may need to wait for 3-5 years as long term.Government sell it out, usually given chance to private sector to flourish. Posted by Cheer123 > May 16, 2021 8:43 AM | Report Abuse
Sifu Michael, can advise on Orion 0.075 100k unit? Hold or sell tomorow? Yr TP if hold.
I had read a news just last week where there was a investment banker who said, "to survive in the share market, one has to know when to lock profits and when to cut loss". Do you understand what he means?
It means, the share market is very unpredictable and when something happens, you have to act accordingly to and at that time. I have not yet mastered these two skills as compared to Sifu Michael who has 28 years of experience in this field. So, thumbs up to him!
I still have a lot to learn from him as time goes along. In the meantime - happy investing and cheers!
Good morning, stockraider! So surprise to see you here promoting bjcorp. Yes, I do noticed that Jalil has been part of the shareholder of bjcorp recently. But whether he can make a change to bjcorp's performance and thus share price, that will need time to monitor and find out, loh!
Anyway, thank you for your detailed explanation and research on bjcop!
Right issues depend.Please see the chart.Once its split (whether the price at the top or at the bottom.If at the top, please set 10 percent cut loss.It save u hell a lot of money.
One thing, please never buy company (non profitable) with huge number of shares.Usually will drop big times once consolidated or after consolidate.
Let use Lambo.After many share issue(private placement), it drops.Last time Lambo had number of share less thn 1 billion.U see, Lambo will have share consolidate soon.
Please on ur sense.My goodness.Still on profitable no need.Tht y I say 40 percent of it.Not too late.How much u win last year and loss this year. Posted by see2sea > May 17, 2021 4:00 PM | Report Abuse
Hi Michael sifu, Im confused which to cutloss. Can I wait for the rebound? Or it will drop further this week?
Actually I sense something not right already last 2 weeks. If I have cutloss there wont be so pain.
Now already too late I think. I should wait patiently for the rebound?
Sometimes be at ur own risk also.If the company profit no need to scare.But if buy at the wrong trend, then is tht person wrong.I can only help some kind or partly.
One thing some people in here use different name but same people yo get new tips.Please this is not a pay investment.Tht y 10 percent cut loss of the buying price needed
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 Michael Kwok > 2020-03-06 21:26 | Report Abuse
Coming soon.Too help the one to weather the downturn.