My Trading Adventure

My 2019 loss : AirAsia

CP TEH
Publish date: Thu, 10 Jan 2019, 02:25 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.


Bought  : Hibiscus (as KYY bought) , MRCB (still in play, 3rd trade since 59cents) and AirAsia(thought breakout RM3 to sell today)

Sold : AirAsia (LOSSES ... some bad news, I sold off at 2.93 , gap down), Hibiscus, MRCB and UEMS for good profits.

As I was busy buying last week ... I have sold many. By today, I would be 'very light'. Selling YTL too for good profit, entered hugely at average RM1.01. Bye-bye green-market ... see you again when you are in red-red.

While I have profited in almost all my 2019 trades, somehow I lost THIS ONE. AirAsia.

How I do not sell her off at closing price RM3? This is becoming my main discussion in my closed-trading group this morning (by the way, I m asking them all to start reduce and selling today or tmr... get out).




AirAsia : failed to breakout of RM3 and formed a doji at resistance. SIMPLE. SELL at RM3, and I wont be losing, right?

There are many reasons ... one of it called 'complacency' ... when you have profited in 10 trades consecutively, you will tend to THINK you are good and it will go YOUR WAY. .... talking about inexperienced, I need to improve in my DISCIPLINARY" aspect of trading ... if I m going to be good trader.

I lost in Simepro too.. Both ...my own stupid mistakes. haha.

Ok ... will improve on that.

TEH
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Discussions
Be the first to like this. Showing 2 of 2 comments

Taehyung

Wa sifu so panlai woh, only lost 1 out of 10 ! congratulation!

2019-01-10 22:55

Haw Liao

sifu scored 10-2 not bad result...

80% success rate leh...where to find

2019-01-14 12:44

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