Traders and speculators have an uncalled for bad reputation.
To improve your trading results, here are a few tips....
A lot of traders lose money on chasing news...so, guards against that. Control your emotions. Beware of buy on rumors sell on news........Chasing the latest share on good news eg....FLHB huge results, Elsoft huge results, ...not good. Traders and speculators does not mean you should chase the latest news.
Traders and speculators do better, net , by ambush, by stealth, by buying Before the news. By control of emotions. By buying low, before the News come out. ...Buying before distribution starts.
Its all about controlling emotions to avoid losses. ....and ambush shares to make some money.
Examples of ambush
Petronas Dagangan good results.....buy Petron and Hengyuan after a fast check of their charts.
Look for pivotal moments when things gets grossly oversold.
FLHB at $ 1.00 Bad results announced but you know this company will see better days ahead.
Hibiscus recently when activity picks up and chart looks decent.
Good luck.
Trading and speculation is not a bad activity. Don't let the bad reputation given to traders and speculators stop you from trading and speculating.
Happy trading and happy speculating.
ps.....always be aware of the overall market condition. This is not a primary bull run. This is a ding dong market, at best....and in fact, the kind of market I do best.
Different market conditions needs different strategy and different personalities to perform the optimum.
Created by qqq3 | Sep 25, 2019
Created by qqq3 | Sep 23, 2019
Created by qqq3 | Sep 18, 2019
Kyy wrote about it....He says no emotion.....if Lion can do better than Jaks, why not sell Jaks buy Lion?
lose less on Jaks and make money on Lion.....better than not doing any thing.
2018-08-24 13:18
on issue of pivotal moment Jaks or Lion....
neither fits that definition ...but if you are betting on KYY...you should buy Lion sell Jaks.
2018-08-24 13:23
man to fit the environment or environment to fit the man?
certain stages of the market fits certain personality types
we can gain experience, gain knowledge....but toughest of all is changing personality and strategy to fit the environment.
2018-08-25 18:12
man to fit the environment or environment to fit the man.....
if you are KYY....with KYY record, confidence, bullets, attitude towards risk, money and wealth, worth hundreds of millions, what is a few million here and there?
its nothing.....if you are widow with fixed allowance, money has a different meaning.....your attitude towards risk, money and weath is very different from KYY one.
KYY has no hesitation in changing the environment to fit the man....KYY has the confidence and the bullets to change reality. ....The only problem is....how many of us are KYY?
That is why we hunt in the middle, eating left over grass.....KYY hunts in the edges, eats fresh grass ....feast or famine......even if famine , KYY still has his abalone ......what people say, several generations no worry.....
Chicken , play with nuts , scared scared..... cannot expect to have super investor returns......facts of life....
2018-08-25 18:14
tell you what.....
no more extremely low PE sector...after the 2008 crisis , have 10 years to recover ....steel the last of mohicans? various sectors have been pushed up and down already, some gets raped so badly, even years later cannot recover.
After the next results, two things can happen......the steel shares gets whacked up to average PEs...or more likely, it becomes obvious earnings are declining and outlook not good.....justifying both the trading prices and the low PEs.....
2018-08-26 15:45
People like to quote Buffetology the Buffalo....
makes sense or not, NOW?
Buy and hold for eternity....at this stage?
In America, even if only 1 in 10 companies become national champions...the whole portfolio makes money...
In Malaysia, how?
Malaysia no capital gains tax, America got capital gains tax....many many other structural differences....Buffetology makes sense in Malaysia?
2018-08-26 17:40
Look at Wall Street ...went to invest in emerging markets........................they make money or not?
if currency didn't kill them....other mistakes will kill them already....
2018-08-26 17:44
Look at Wall Street ...went to invest in emerging markets........................they make money or not?
if currency didn't kill them....other mistakes will kill them already....
killed or not, in the name of diversification, they will continue to do it...like lemmings....
but we can trade...
2018-08-26 22:43
Elsoft sold $ 3.17 only managed to buy back half at below selling price....too active trading runs risk of leakage....
now bonus and splits....better transfer to medium term account.
2018-08-29 16:24
woah...I regret selling Hibiscus yesterday.....but today Hibiscus big drop......hahahaha
2018-08-30 09:25
Does margin of safety work?
It works well as an anesthetics numbing the senses...thus keeping losing positions forever.....that is the only function it has.
2018-08-30 14:42
what to do with winning positions? This one got no good answer...it depends on individuals
2018-08-30 14:42
ayoyo....
don't know why I so good good recently....Every thing I touch turns to gold...Petron , up > 50 sen Hengyuan coming...
Elsoft, Gtronic, FLHB, doing doing well
Hibiscus sold near the top yesterday.
hahaha
2018-08-30 17:06
Here is the US/ ringgit chart.
https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&am...
2015 dejavu again.....go look for export shares to buy.
forget about consumption stocks, or steel stocks, or refinery stocks. or airline stocks.
Exports is the theme......go get ### to look for export stocks.
Tell him....
- business sense first.
- will not be able to find low PE export stocks this time. So, has to take higher risk, but still can do it.
-those with higher gross margins will be more popular with higher valuations and higher safety in earnings
- but the lower gross margins ones becomes good turn around plays....and potentially more capital gains.
- export shares will have a lot of followers...Once any export share starts moving, the crowd will join in....no worries about no followers.
2018-09-04 11:03
supermax.....down 5 days already...as a trader, I have no choice but to buy this morning...some more....export stock.....reported not so good results, stock fell last few days...but I believe this company no fundamental problem
2018-09-06 09:30
CharlesT > Sep 6, 2018 09:32 AM | Report Abuse
As a smart trader u will buy its CW with expiry date in Dec/Jan
=========
I seldom buy cw...I poor but not that poor
2018-09-06 09:37
secrets to trading success?
- honesty and know thyself
- preparations
- mindfulness
- keep it simple
- business sense
2018-09-18 21:53
How to make money from trading?
The best way to make money is still to ambush shares......
like I ambush D &O and sold yesterday.......huge huge volume...I figured this share volum cannot sustain....never sustains so I sold , bot around 70, sold above 82....
this is good company, but for one reason or another, it has always been like that, very weak, no follow through.
2018-09-21 11:40
secrets to trading success?
- honesty and know thyself
- preparations
- mindfulness
- keep it simple
- business sense
one day, when I am in the mood, I will blog about mindfulness....and Zen and the market.....another secret sauce....to successful trading.
2018-09-21 11:43
ambush...in war and in stock market similar.
many ways your target come, many trails...which road to ambush?
in stock market nowadays, so many dead stocks, so many time wasters, so many stocks break down......you have to find a place to ambush both safe , and high chance the target will pass through, not likely to breakdown while waiting, and the target come before you lose your patience.....a tall order.
your weapons....charts, history, homework, experience, knowledge, and most important......business sense and group dynamics.....theme plays.....
2018-09-21 15:48
sniper123
qqq3,
On JAKS n KYY article,"We sold 2 meet margin call" Will u classify tis as a pivotal buy on news or a pivotal sell on rumors??? wats ur take???
2018-08-24 13:02