It is Saturday ... had been very busy and hectic for whole week. It is very tiring days .. and have a luxury of 2-3 off now is good. Just finished a tuition-class(for Math) and will be having my cohort-10 trading workshop today ...
How time flies ... it is the 10th batch now. I have limited it to max of 10 persons per session. And I have also compact it into stages :
Stage-1 : Learning of basic technical-charting in two consecutive Saturdays and if those who wish to continue will proceed to learn
Stage-2 : Trading strategies and psychological aspects.
Stage-1 : Will start today, 20th July ... and also 27th July. Today, I will be discussing about price-volume actions, support-resistance and indices. Next Saturday will be going into indicators like RSI, MACD and Stochastic.
Stage-2 : Trading strategies, investing idea and managing risk. Will share about psychological-aspect of trading. This will be a two-sessions module too.
Teaching is still my passion ... and with that, I will continue to teach. So, as long as I could teach(math or trading), I will be glad ... :)
KLCI seen a string surge, with Tenaga and Maybank pulling the index. Well, I was trading Tenaga-c2 and Tenaga-c3 ... while managed to sell off Maybank-cw yesterday done at 0.290. I bought it back(for forth time) at 0.255 2 days ago, told the whole stock-watch group. I will write more about these analysis in
www.tratles.net ...
So, what am I going to blah-blah today?
M+ : I opened an a/c with them this week ... and went to a talk(banking and plantation) at M+ ss2 with few of tratles last night. Interesting speaker ... and glad I went. It was over-crowded in a small room ... and many old-people there. I am not so sure if they could understand what he is presenting as ... he did not really give any tips on stocks. Just stating that if the loans continue to decrease, interest rate to increase, the credit squeeze will hurt businesses, housing loans ... and in general, sell banking stocks!! Also ... he is bullish in plantation(I am too) and said upstream players will benefit from the recovery of CPO. Well, he did use the correlation CPO vs Crude Oil. Crude Oil at USD105 above now, so we are anticipating CPO to move in tandem. Oh yes .. interesting fact about WHY China is buying oil-palm from Indon.
Going for market talks are encouraged, especially if one is young, newbie-novice and not from financial background. That was how I started ... gathering information from the talks. I will not miss any talks back in KK. But, now ... since I am too occupied, I could not attend most of the talks. Saturday is out ... Sunday is my only 'rest' day(even that I do have 2-4 hours of tuition).
So, I will definitely encourage many to attend those talks. They might be trying to sell you their services, products etc etc ... it is ok, no obligations. Just go to listen to gather knowledge. Each time I went for a market talk, I m sure to be able to pick-up some of the pointers there. Seriously, we could always have something to learn ... market is too huge and wide..
http://www.palmoilhq.com/ That is the link to palm-oil ... one may do some research on plantation-counters. We could see 'suddenly' TDM shot up ... or Cepat activated. Take your pick ... and will one buy to hold till recovery?
will continue my blah-blah later ...
Have a nice weekend
TEH
apprentice
Am surprised you sold off Maybank cw at 29 sen when the intrinsic value was above 33 sen until the last 10 mins when 2 million shares were done at 10.64
2013-07-20 21:06