richauthor

richauthor | Joined since 2014-05-07

Investing Experience Beginner
Risk Profile High

Jobless dude looking to make a living through stocks using ikan bilis strategy. Fun fact: Never owned a house. Never owned a car. Never owned an IPhone or Android phone (Nokia all the way). I spent only RM50 a year on my phone plan.

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Stock

2018-03-24 18:28 | Report Abuse

Damn, now I wished I had entered into position during Friday. The US futures dropped right at the closing.

@StockyC, you're right, there will be a rebound, but won't affect market in immediate future. Fear is prevailing in the market. Tariffs an issue but not the only issue. I'm looking into slight recovery and then further drop.

Even with reversal, it will not reach previous high.

General

2018-03-23 16:08 | Report Abuse

Hsi, please go up, go up cause S&P can go up by 10-20 points tonight so that I can enter into put before market close.

General

2018-03-23 16:05 | Report Abuse

@rchi,

If I am China and being petty about it, I'll release my response by next Friday because it'll hit US when they cannot trade due to Good Friday and have to spend 3 days worrying about it.

General

2018-03-23 15:51 | Report Abuse

What to do. What to do.
Hsi didn't rebound high enough for me to enter into put, but limited upside for me to enter call.

Stock

2018-03-23 14:27 | Report Abuse

So, you're going into put for the weekend?

On the US side, I think it's going to rebound up before another slide. I just don't know at what stage it'll be on US EOD and how it'll affect hsi opening price next Mon.

I'm 50-50 for opening a position on the weekend.

Stock

2018-03-23 12:03 | Report Abuse

I'm out. Don't want to think about it during lunch.

I actually bought a call at the lowest point this morning, at 29860 like that. It got match at a blip. The call got up to 10% before crashing down. I panicked and sold it for a pence before trying to buy it back at additional 10% purchase price.

Sold this too for ikan bilis feed.

Stock

2018-03-23 11:30 | Report Abuse

I'm in call at the moment for a little bouncy rebound before back to put.

General

2018-03-23 10:29 | Report Abuse

Is hsi going down? I thought the momentum is still a rebound up.

Stock

2018-03-22 23:45 | Report Abuse

Thanks, I'd been checking out investing.com as well. Right now, it's 30300. Your 1000 points single day drop is here.

Stock

2018-03-22 18:11 | Report Abuse

US Fed raised interest rate. China's PBOC followed suit.
I'm guessing this is what caused the sluggish market.

General

2018-03-22 17:43 | Report Abuse

Walao, hsi futures suddenly dropped to 30700 in an instant.

Stock

2018-03-22 16:22 | Report Abuse

@ayam,

Ok. I am still holding, waiting for it to recover. I'm so close to letting it go when hsi hit 32000.

Once I recovered from this, I learnt my lesson. No more overnight for me. I'll do intra hit and run only. No point watching the market move when I can't buy/sell anything to act on it.

General

2018-03-22 15:46 | Report Abuse

GG liao. S&P & Dow futures dropped. S&P almost at 2700 level.

Stock

2018-03-21 19:52 | Report Abuse

@hanwen.

Yup, haven't sold them yet. I reached my limit when hsi hit 32000 in the morning. I decided to sell them upon retracement after lunch. It was a uncomfortable lunch. But by then, the slide begin.

I'm still holding, no worries.

Thanks.

General

2018-03-21 15:34 | Report Abuse

BabyTA. Me. I'm holding cause at this rate, I'm either cutting one arm or cutting two arms by tomorrow.

Stock

2018-03-21 10:42 | Report Abuse

Gonna jump to holland with all my puts.

General

2018-03-20 09:02 | Report Abuse

@Milktea, I bought mine at 30800 level. Fingers crossed that it's below that.

General

2018-03-19 23:59 | Report Abuse

Watching the US futures market is like watching a heart attack. S&P dropped 1.5%, while Nasdaq almost 3%.

At least HSI is subdued. Its decline is just half.

General

2018-03-19 16:29 | Report Abuse

DAX & S&P falling like a knife.

General

2018-03-19 16:28 | Report Abuse

Wah, index all red dy.

General

2018-03-15 10:30 | Report Abuse

If it keeps up like this daily, I should have buy put at the closing and then call at the opening.

General

2018-03-14 23:39 | Report Abuse

All index now fall even faster than yesterday. Rchi, should have bought put when hsi spike up in the afternoon.

General

2018-03-14 00:11 | Report Abuse

HSI is falling. Major indexes are falling. Wished I had sai lang today instead of last week.

General

2018-03-13 16:02 | Report Abuse

Sien, hsi is going up again.

General

2018-03-12 22:58 | Report Abuse

DJ falling now. S&P looks like it's going in same direction.

General

2018-03-09 16:17 | Report Abuse

Ok, got it.
Then my ideal scenario for this weekend would be for Xi to secure the nomination and then put a stance against Trump's tariff, though highly unlikely given that China would prob want to get credit for the the NK-US talks.

General

2018-03-09 15:41 | Report Abuse

rchi, are you planning to keep h over the weekend?

Stock

2018-03-09 09:36 | Report Abuse

ayam, are you still holding onto your puts?

The market might still rally like nikkei since Kim wants to meet Trump.

General

2018-03-09 08:48 | Report Abuse

Yeah, Kim's meeting Trump. Market might rally.

Stock

2018-03-08 15:41 | Report Abuse

I hate not being able to do anything during lunch break. Winning position turned into cut loss as my trading platform refused to let me click sell because the platform refused to accept that I want to sell instead buy.

The fool that sold H4A at 0.57. Yeah, that's me.

Stock

2018-03-08 12:14 | Report Abuse

Haha. I also bought it already before I saw this.
I'm betting for a quick hit and run reversal. If hsi drop 100 points, I'm already out of here.

Stock

2018-03-08 10:37 | Report Abuse

HSI looks rather bullish now. I'm guessing it won't drop today.

US there will prob prop their market for today in preparation for tariff talks. Prepare the big guns.

Any chance of put will prob be after today.

Stock

2018-03-07 21:07 | Report Abuse

It's 9pm now. How are you shorting at this time?

General

2018-03-07 11:37 | Report Abuse

Good. I bought them puts too early because I thought the selloff would be earlier.

General

2018-03-07 10:08 | Report Abuse

Draw circle on ground... when will hsi fall back to 30000, bought put at that price.

General

2018-03-07 09:22 | Report Abuse

Trumpy's economic adviser, Cohn resigned.

General

2018-03-06 14:44 | Report Abuse

Sigh, I buy call, it fell.
I buy put, it goes up.

General

2018-03-06 10:04 | Report Abuse

Different person. Rchi's smart. Bought put at hsi peak today.
I'm not so smart. Bought put at lowest dip yesterday.

General

2018-03-06 10:01 | Report Abuse

@cyber. I hope so. I bought my warrants when it's below 30000 XD.

General

2018-03-06 09:45 | Report Abuse

@cybergreen. I bought mine too early yesterday at lowest point. It's not hsi at this stage, but the us market. DJ should be at its last leg up before a deep dip.

General

2018-03-05 21:30 | Report Abuse

Go with rchi put train on rebound.

General

2018-03-05 16:02 | Report Abuse

Why not h2w then? It's volume is higher than h2a and lower cost than h2a. Only issue is nearer maturation date.

General

2018-03-05 15:28 | Report Abuse

Cave of wealth. I pulled out from C1X already. No rebound, got burned quite a bit.

General

2018-03-05 11:32 | Report Abuse

@skyhawk. Noted. I still can stomach the risk. Slightly irked that the ib stopped liquid though.

General

2018-03-05 11:14 | Report Abuse

@skyhawk, what level are you considering before calling it a breach?

General

2018-03-05 09:02 | Report Abuse

Me, at the right price.

General

2018-03-04 23:53 | Report Abuse

Stock

2018-01-30 17:02 | Report Abuse

Sigh. Wanted to relinquish my position at a loss today so that I can enjoy the week off. But the price dropped too much...

Stock

2018-01-24 20:36 | Report Abuse

I'm using Hong Leong right now. 0.1%
Lowest should be AmInvestment 0.035%
Malacca also offer 0.08% <30K, 0.05% >30K.