My Trading Adventure

It is March 2018

CP TEH
Publish date: Thu, 01 Mar 2018, 07:02 AM
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.
Following Message

Morning ... DOW minus 380, yet another selldown day.

I had an e-meeting to explain SELLING ahead of selldown. It is a MUST to keep our cash : equities ratio right ... and we won't be too worry of selldown.

I sold ALL my stocks yesterday morning ... ahead of the selldown. DOW shown a bearish-engulfing, KLCI too.


This was before last night selldown minus 380 points. So ...SELLING is more important than ...buying.

Now ... with 100% in cash, we can BUY during sales. If the market is to dive and correct sharply, we could capitalize on it. But, if we are stuck up there .... buying this and that, we might be nervous.

It is Mac now ... I want to know more about some changes in Bursa, for example ... the shorting part (only for day-traders). Can I short AirAsia if there is a bearish candle, for example?


SamChem : Market swing violently ... and this SamChem also ... swing up down violently. It is a good trading stock, so I will monitor to trade her. Can we short her too ... in mac now?

So ... we shall watch the selldown later ... and enjoy with coffee.

TEH
More articles on My Trading Adventure
Update : Plantation Stock (JTiasa and WTK)

Created by CP TEH | Nov 24, 2019

Updates on ABMB and AirAsia

Created by CP TEH | Oct 15, 2019

Giant waterfalls : BStad and SPSetia

Created by CP TEH | Oct 08, 2019

Waterfall : LKL

Created by CP TEH | Oct 06, 2019

Oct 2nd : DOW minus 343

Created by CP TEH | Oct 02, 2019

End of Sept : Awaiting the selldown

Created by CP TEH | Sep 30, 2019

Do nothing week : Awaitin' for sales

Created by CP TEH | Sep 24, 2019

23rd Sept : One week to go

Created by CP TEH | Sep 23, 2019

Formula for success

Created by CP TEH | Sep 18, 2019

Steps to be 'successful'

Created by CP TEH | Sep 17, 2019

Discussions
Be the first to like this. Showing 5 of 5 comments

Flintstones

So this teh chong peng said he sold everything on 28th february. Lets see. If there is a rally in the next few weeks, he is going to say he bought this stock or that stock before it goes up

2018-03-01 08:00

Flintstones

Teh chong peng is i3 version of cnbc dennis gartman. Utterly clueless self proclaim trader but in fact a serial losing gambler. When he say sell, we must buy!

2018-03-01 08:04

CharlesT

Go short Dow John index...dont waste time for e-meeting (or RM500)

Kali ini lah...

2018-03-01 08:15

dunspace

People who time the market and follow it like a sheep will always lose in a long run. Take care brother and sister.

2018-03-01 09:00

toptop

could not agreed more with dunspace

2018-03-01 22:11

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