My Trading Adventure
Be contrarian
CP TEH
Publish date: Tue, 05 Jul 2016, 10:11 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Morning ... yesterday night I listened to HuLiYang's clips ... and there is another gem about "Being Contrarian"
If you trade often, frequent ... in-out, 9 out of 10 will lose money.
We need to do whatever majority not doing ... when 9/10 of them buying stocks, it is time to sell and when 9/10 of them saying do not buy stocks, it is time to buy.
Let me give an example of MAXIS ... I bought at that two highlighted level ... that is contrarian-brain in work. It is difficult as majority do not dare to buy ... news of the 'spectrum' etc etc .. the whole telco-sector down ... Digi and Axiata too. Those were the time I like these ... but now, since I sold off(too early, tho), I dislike.
How many times do we have the time to buy BAT 'cheaply'? I bought at the highlighted level (around RM41) ... and sold WAY too early. Sigh.
I m learning to be CONTRARIAN and I believe the only way to profit hugely from market is to do the opposite.
IFCA is one of the most popular stock ... in 2015. EVERYONE in KLSE got to know about her stories ... pushed up to RM1.70 level and riding up all the way ... and if the person got very greedy and did not exit, now, it is VERY difficult to get out.
Today ... the hot one is ViVocom ... the story of China-construction.
If Vivocom breaks 22cents, more downside .... and unfortunately, MANY retailers will STUCK inside her ... take that as lesson and start to LEARN. Stock-market is the place where many being 'suck' inside.
To earn huge-profit, we need to LEARN.
Then ... be very patient ... THINK rationally and logically. Trying to do the OPPOSITE of the majority. Make it a HABIT to do what others NOT doing.
I have listened to this clip for 10-20 times ... and will make it a habit to listen once a week till market-crash, taking this as part of the preparation of crash.
Yes ... to watch BIG SHORT again and again ... and to remind myself.
Join my trading group ... and one will see how I m preparing myself to face the coming 'crash'. I have not much time to prepare ...
Selamat Hari Raya ... to all muslim readers and friends.
TEH
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Discussions
Be the first to like this. Showing 21 of 21 comments
murali Dont forget to watch yr favourite movie The Big Short tonight again...after watching more than 100 times u will be entering phase 2 in facing the mkt crash in 2017 or 2018 or 2019 or 2020 or 2030 or 2040
04/07/2016 19:19
Yes ... to watch BIG SHORT again and again ... and to remind myself.
Join my trading group ... and one will see how I m preparing myself to face the coming 'crash'. I have not much time to prepare ...
This joker claimed he left I3 few years ago n never bother to come back..but then he curi-curi sneak back to I3 to respond ...
2016-07-05 11:13
this is something very subjective ??? looking at Baring bros , lehman Bros or Citibank shares. be a contratrian you will be clean up 2 out of 3 times (except for Citibank provided you have deep pockets like Temasek or Buffett). there is another rule never catch a falling knife . this is my personal take on the subject. happy trading and have a nice raya break
2016-07-05 11:14
Btw, who the hell is Hua Li Yang? I heard people called him Asia Stock God (or self proclaimed, like what Koon Koon did?)..Used to work as Fund Manager in Wall Street etc...But I see him very free always come to Malaysia to give seminars charging ard Rm1K+ if i m not mistaken..
2016-07-05 11:37
I hope it's not Hu Li Yang conned fee from CPTeh then CPTeh conned from newbies...dog eat dog world??
2016-07-05 11:39
when people so free to make money from giving talks or Cohort 1-1000 u should know how good they are in stock market...have u ever seen WB doing so?
To attend lunch with WB costs u millions of USD...
2016-07-05 11:42
Discover truth..
I liked yr work...very creative...personally i took it as an honour but not sure whether kc will find it insulting or not...my england n ta is no way compared to kc..
2016-07-05 16:08
Anyway i think my sense of humour is much better than kc.....mayb cpteh n hng33 can help to verify on this...tq
2016-07-05 16:14
Boom and follow by crash.... Is the property counters has staged crashing few months ago? KSL peaked at 2.45 and traded at 1.1 or plunged more than 50%. KSL is not the only one. There are many ie SBCcorp, Glomac, CIMB, Affin, MBSB, Puncak....too many to mention here.
How you define crash? Is it crash meant KLCI must go below 1000 point? Maybank should trade at RM 5? PBBank's price should drop to RM 10?
Can I put this way...prediction crash is the most easy job. You know it would crash one day so you don't have to do anything now. You can keep saying crash, crash, crash and stop doing your homework and enjoying life???
2016-07-05 16:32
I am also deducing that i3 viewers consist of only perhaps 30 or 40 'different individuals' in total viewing it - especially commenting it.....all those ids with less than 100 comments are from these same people...
so this football arena (i3 forum)...don't really consist of thousand and thousands of active spectators like many may think...its mainly consists of these players only...and perhaps a few hundred inactive spectators..
not sure though if no. of viewers on blogs are detected from ip addresses..
2016-07-05 16:41
Who can trigger crash in KLSE? You think retailers have the ability to do this wonderful job? You think Foreign Funds got sufficient shares to sell down our index? You think Ah Jib will let our EPF and local funds to give a market a blow? Do your homework and don't talk coc without supporting facts to justify your crash theory la.
2016-07-05 16:46
TOLD;;;;;U;;;;;;;ALL;;;;;;;;;;;;;;HE....NEVER......MENTION********CRASH$$$$$$$$$$BUT))))))))JUST>>>>>>>>>>>>>>>>>>>>>>>>>>>>PREPARE?????????????????????????????ONLY
ALL CAN READ FROM HIS STATEMENT
2016-07-05 17:30
may be he say drive safely...vehicle crash everywhere... u know he like to share the tarik, water fall news ma
2016-07-05 17:43
Lemon juice. You see his statement below. ' Listen ' 'listen '....he is a teacher and that's the reason he advocated 'listen'. Did he know the direction that he is heading after watching this video clip plenty of times? Is he wanted to build up a dilusion of market crash in his mind? I believe that everything happens in the macro, political, war, natural disaster would lead him to relate market crashing is on the way....every event pop up then market crash is approaching...lol
" I have listened to this clip for 10-20 times ... and will make it a habit to listen once a week till market-crash, taking this as part of the preparation of crash. "
2016-07-05 18:34
any of u r frens with cp teh? pls advice him not to gamble away his house and wife and childrens future. he is not prepared as a trader. he is a gambler but will never admit it!!!
2016-07-05 18:42
Think he should learn how to embrace the " market crash " with proper a mindset and proper financial planning in investing in stock market. Don't be a doom sayer to instill fear of market crashing here.
2016-07-05 18:45
Lemon Juice. There have been brainwashed until can't remember their name other than the identity given by the preachers. There is nothing we can do if end of the world going to happen. Sell the properties to get the money for what since it were end of the world. Why the preachers need to much money as end of the world approaching? Those people did not live in the world applying common senses. Just accept any events that we don't have any control on it.
2016-07-05 20:51
Have we ever hear of fong siling promoting......, is fong siling successful as an individual investor..., recap what r fong siling over its notes......, we still can trace back...,..,how many crashes has fong siling survived if based on his minute principles....., this is my minor view n not representing any views...,
2016-07-05 21:10
I think the author of towards financial freedom is good even though in his website he does recomend some of trading but mainly his write up is based on fundamentals n moats..,,,
2016-07-05 21:15
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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....
slts
keep predicting a mkt crash for the
next 100yrs one day it will happen
pea brain for a teacher
better stick to teaching than punting the mkt
2016-07-05 11:08