My Trading Adventure

Bear Day : 13th Sept

CP TEH
Publish date: Tue, 13 Sep 2016, 02:51 PM
CP TEH
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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.

Noon from Sunway Pyramid ... just had a nice lunch @Putien (again).

Watching KLCI diving ... would be great. So ... I want to sit here ... have my Cosans Coffee ... while watching with some excitement the falling ... short FKLI was right as it is SEPT. Do not deny SEPT-effect ...

Excerpt : The best traders can put on a trade without the slightest hesitation or conflict, and just as freely and without hesitation or conflict admit it is not working. They can get out of the trade even if it is a loss and it doesn't create the slightest bit of emotional discomfort.

Just sent the above reminder to my group-chatbox. It is difficult to ask many to SELL last week ... ahead of the selldown. It is more difficult to ask them to be patient ... don't catch anything yet today. Those playing on STEEL-rally still happy as market down, this morning the steel-counters in green!! Hehe ... Yeah ... Mycron targeting RM2 now as it is too under-valued

Last night e-meeting, I was sharing on 8% cut-loss rule and 4% trailing stop rule. Those not in real-trading would not understand cut-loss and money-management. Markets do not work that way ... with the gogogo call ... it wont gogogo as we wanted it too.


I definitely prefer to make noises during DIVING ... such as how the selldown of GTronic ... or FLBhd recently. Because ... we could only see MORE of such sell-down due to exiting for funds ... well, anything about 8% down per day would excite me  ....

... still waiting for the sell-down of all the steel-counters .... so, it is worth to watch to LEARN.


This is my reading for today ... and yes, lots of preparation at the moment ... for the crash to come. Oh yes, forgotten that someone came to my e-meeting (VERY rude and bad human) ... sarcastically demanding an answer ... if the crash in 2036? Yup ... I m willing to WAIT for 2036 ... after all, I hv another 50% funds inside ... to ride on the so-called bull-rally to 2036. Great.

But still ... have to prepare for market-crash and learn to see bottom, in case it is 2017, instead of 2036, ok?

Ok ... time to smell coffee and continue my reading ...

TEH

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Discussions
Be the first to like this. Showing 13 of 13 comments

Emptyhead

AirAsia weekly chart .. closed at RM2.90. I m shorting in stages ... RM3.50 and RM4 in queue. Once it is RM2.50 and below, I m adding my short at RM2.50 ... taking profit at RM2 and RM1.50. So ... it may takes few months or 1-3years for this trade to materialise.

RM3 (short with RM30k) ... so be that. RM3.50 would be RM35k ... easier position size for me to remember.

2016-09-13 15:53

Tom

cpteh,你的预测全部像lc一样错了,你想成为sifu教大家正确的投资方法却不想纠正自己的错误(你的脑残投资概念)
假如你想永远成为不想纠正错误的散户,我们想说 no problem!

2016-09-13 16:16

westineee

Thank you for sharing your SHORT strategy on Airasia Mr The. Again, our Taiwanese group applied OPPOSITE strategy and make gains today. Our youngest inexperience member boasted that if we continue to apply OPPOSSITE strategy, we are on our way to become the first millionaire club. Again, we thank you for your wrongful insights.

2016-09-13 17:04

speakup

bear kah? how come CSCSTEEL up 6%? Please no Bull Shit!

2016-09-13 17:09

PlsGiveBonus

Time to short steel?

2016-09-13 17:38

PlsGiveBonus

1. Airasia
2. Pub bank
3. Any steel

2016-09-13 17:39

VenFx

Common sense know why everyone are so green here, hope CP u can has a sense of common sense as well.

2016-09-13 18:54

probability

Oh yes, forgotten that someone came to my e-meeting (VERY rude and bad human) ... sarcastically demanding an answer ... if the crash in 2036?

that must be Duit! ;)

2016-09-13 20:49

probability

Post removed.Why?

2016-09-13 20:55

probability

Luckily it was only a rude Duit now....if continue posting like this... we will see him in action:

https://www.google.com/search?q=kim+jong+un+angry+face&biw=1366&bih=633&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjgrZ3htIzPAhXEEywKHb4LBZIQ_AUIBigB#imgrc=NmGCIBP_Dl6o4M%3A

recently...Kim shot one of his Minister for sleeping during the meeting!

2016-09-13 21:09

probability

its just to entertain CP Teh...i am just kidding...

(Duit...sorry allow me to use such words...may you be at the finest of health always)

2016-09-13 21:31

GorengAyam

I think CPTeh is going to get it wrong. This market is likely to see a year end rally after October that may spill over into Mar-Apr 2017. Reason being early election is now an increasing possibility with opposition in disarray.

2016-09-13 21:53

muscular

Luckily i sold almost of my holdings.. Now bcome cash ric again.. Yahooooo

2016-09-13 22:25

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