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BURSA MALAYSIA MARKET IDEAS THURSDAY (31/12/2015):

 

FBMKLCI HAPPY LAST DAY 2015 by Logic Trading Analysis

 

Dear All,

 

The FBMKLCI closed higher by +7.78 or +0.46% to close at 1693.14. There were gainer 390 loser 532.

 

FBMKLCI yesterday very powerful at the morning session, however start to soft leg at afternoon session, many stock follow the index start profit taking. This is very normal because last 5 day market was really Meletup so kuat. 

 

DJIA future at falling at the moment, and since yesterday market start profiting, maybe today most of the stock will be quiet, unless some are participate window dressing. Just to remind, next week need to careful, more correction might happen before another push up. 

 

Since it's last day market ideas of 2015, I want to share my experience in 2015 rather than give stock to monitor. 

 

I have started LOGIC TRADING ANALYSIS blog about last year end, and open free telegram chat group on 11 April 2015. 

 

Remember back those old day, we were small chatting groups and start to grow until now. I have to thanks every single trader in the groups that share so many things which help me to learn more. Without you all, I am still a lonely trader that trades silently, lose or win quietly. I am so appreciate that so many are willing to share information and help each other in the groups. That's really encourage me to learn better, share more and help each other. I hope, throughout the year 2015, you are doing great with my sharing, and I really want to thank you all for being goreng tetap goreng with me. 

 

I never forget to write market ideas every trading days, it's have become my before sleep works and I hope we can do much better in years 2016 ! Only take one week holiday so far due to really cant make it. That's my sincerity and commitment to everyone. I hope you can see how serious I am towards trading and also all my readers. I hope everyone still reading everyday and read it carefully. 

 

Some important tip in trading are such as:

 

1. Only consider quality stock - Good FA

2. Must cut loss fast if fail in technical

3. Don't wait until price move very high, everyone talk only chase.

4. Market sentiment are very important

5. Don't trade if cant find a good one

6. Must know self suitable for short (quick hand) or mid term (patience)

7. Must read a lot if want to be successful or at least understand EPS, PE, simple candle stick chart. 

 

I will do my best to share what I see to everyone !

 

Last day of 2015, appreciate what good in 2015 and forget the pain, stay positive this Thursday !

 

Goreng Tetap Goreng !

 

Your Sincerely,

Logic Trading Analysis