My Trading Adventure
Some moves
CP TEH
Publish date: Sat, 26 Nov 2016, 09:13 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.
Good morning ... I have a book-sharing session last night, attended by only 10-15 of them. Thanks for coming, anyway.
Let us talk a little about some big moves so far ...
DOW : Closed at new high last night ... 19152.14, crushing all the 'bear' and 'shorts'. So ... move to US markets for the BULL rally.
USD : Index about 100 level(at 101.48 now) ... up against most currencies, especially our MYR.
MYR : At lowest level vs USD as we are seeing 1USD = MYR4.50, a level which I have asked all to watch and time to reduce your exposures in KLSE. Once it breakout MYR4.50, we could see more outflow of funds from our KLSE ... and yes, our local funds would have to support our pathetic market. MYR also lowest vs SGD.
Gold : Tanked below USD1200 and into new low again ...
Soybean oil : Recovered from USD26 to USD36 level now ...
CPO : Breached 3000 level now. Do check on plantation counters.
These are few data to digest ... so, naturally ... we would move our funds out of KLSE(at least 50% of them) and to move to US-markets(I will trade that we my members next year), change our MYR into SGD or USD.
What is the next theme for 2017? Possibly ... plantation? Gloves? Furniture-stocks?
We shall see ... and I wanted to show some new-low in many stocks ... that is why CUT LOSS is very important in trading/investment, admiting mistakes and DO NOT get stuck inside.
TEH
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Discussions
Be the first to like this. Showing 13 of 13 comments
Now abit confusing with the recent write up on wtk which bought during 52 low.... why sell in short time why not wait the recovery of timber n oil mill begins further more wtk has disposed bleeding business n concentrate on the core short term we might see longer period we have potential..... if we digest the q report this is the time to experiment the 52 weeks concept. Just my 2 cents. No gaduh gaduh ya
2016-11-26 12:50
If worry put ur monies in rsena....at least u get more than 6%pa fixed much better than fixed deposits with upside potential too mah..!!
2016-11-26 14:04
Raider use a multi dimension investing strategy that is applicable different time loh....!!
Like
1. Momentum ...KYY style
2. Margin of safety...long holding play
3. Yield play...like Reach....sona...cliq...lock into high yield and wait for liqquidation
4. Contraian play.....like major selldown panic...u brave balls buy.
5. Dividend yield play, hold for recurring sustainable income.
6. Short term Speculative momentum play with cut loss safeguard
U must understand....generally stock market is a loser game....if something is popular for sometime...U need to be becareful...!!
If something too good to be true...it is probably is loh...!!
2016-11-26 14:34
Raider. CPteh knows nut about your investment strategy. Non of your strategy is interested by him. He enjoys watching stock crashing and hope to earn free simple lunch or coffee from rebounds. He doesn't want abalone, shark fin.....
2016-11-26 14:41
Up down,
It is not directed at Cpteh....just discussion with Silom mah...!!
2016-11-26 14:43
Cpteh aims for 2 things fm stock mkt:1) catching falling knife n sell for few cents profit 2)cohort 21 making tuition fee sure win money from newbies by talking rubbish
2016-11-26 16:38
The no 2 idea is from fred tham who "cheated" CPTeh few thousands $$$ 7-8 years ago....thats why cpteh hates all these sifu who sells TA courses n software....
2016-11-26 16:41
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CS Tan
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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....
CharlesT
These are few data to digest ... so, naturally ... we would move our funds out of KLSE(at least 50% of them) and to move to US-markets(I will trade that we my members next year), change our MYR into SGD or USD.
Hmmm....how much is your fund size? Rm10 million? Rm1 Million? Rm100K? Rm10K?
2016-11-26 09:51