Watch lar how the CONNING PROCESS takes place n learn from it. So that you not kena con every other day.

Normal lar. Yesterday kena con. Today also kena con. Kena con 2 days in a row. If they dont con you, how are they going to sell. Later today you cut loss again.

Enough lar. Operator is way way over his head. Bursa is watching. Declaration of DESIGNATED SECURITY coming out any moment now. You will lose half of yr money in 2 days.

Post removed.Why?

But if you are an active trader, this is not important. Bcause the correct way to trade is to constantly shoot at it with one bullet at a time when you have a 1000 bullets to shoot.

For instance at opening bell you take 200 lots at 0.62. Up to 0.64 you let it go making 2 cents a piece. Then its still continue up then you get carried away n jump in with another 200 lots at 0.645. After taking a bite at 0.65 the cut loss gang start to ambush it down n you let it go at 0.635 for a 1 cent loss. Keep on shooting at it all day long to be in a nett positive position by the close. On a lucky day you make big. On a bad day you lose small.

The real question is where will it stop

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Tobby. Never average down. Bcause your avg price will always be higher than the market. You average up. Down, you cut loss n lick yr wound.

Long story short, google lar "macd bearish crossover". Plenty of reading materials out there. Dont simply hentam the stock or hentam with naive comments here.

If you open a stock chart (tradingview.com chart for instance) and set it to plot macd lines, essentially you will see 2 lines. When these 2 lines moving up in parallel, the share price is trending up. Up to a point, these 2 lines will narrow down n crosses each other. It is called macd bearish crossover. Then the 2 lines will again move in parallel downwards. Then the share price will trend downwards for days or even weeks.

Well, this macd bearish crossover occured today!

This is rather basic. Hard to phantom why you missed it n so difficult to see the basic n the obvious.

Farmer. Hammer at 3pm. Hammer crumbled by the close. Its on its way down. Dont be fooled by early green tomolo. Its going to trend down coming down from speculative fever peak.

Fairuz. Its called price has moved ahead of fundamentals based on sentiment n speculation. 3 yrs is a long time.

These market bubbles worldwide will pop n market will crash once covid is gone. Its called buy on anticipation n sell the news. Got it? Buy on anticipation of economic recovery in anticipation the virus is clearing up n gone, n sell the moment its really gone. When that happens, Dnex will dive below 0.20.

I see what you dont see. Quick trade ok but dont ever try to hold it.

Chua small boy. Share price is coming down. Still blind to see. Paper hype does not match ground reality.

Buy with roti canai ok la down so what. No harm done. If buy with yr kok, then yr kok will be 40% shorter. How to fuk?

0.45 there about lah. 0.60, 0.70, 0.80 are all crazy mad prices. Get this into yr small head: Silterra has been losing money for the past 20 yrs. Mahathirs problematic baby from sick perwaja era!!

Good boy. For every buyer, there is a seller. Dont forget that. You see what you like to see. But there are sellers selling.

Jenny my lady. Stock prices or whatever things being traded by many2 people do follow its technical mould. Its true when the Japs used candlestick to trade rice in the 1600s n its true now.

Like it or not this Dnex is coming down.

Just so that you know on a bad day i lose 5 - 8k. On a good day i make 70 - 120k. The trick is know exactly where to get out b4 you make yr move, should you get it wrong.

Naive goodboy. It popped up on speculative fever. Now its on its way down to its fundamentals. Trade it fine but keep yr losses to 2 cents max. Bcause it will settle in 0.40s.

Very goat. In my simple wordings there is a very deep understanding of market dynamic. Perhaps with yr shallow grasp of market, difficult for you to understand this: Prices were holding high until last hr or so bcause a hammer candle was in place. But this candle crumbled towards the close bcause macd has staged a bearish crossover. Thats the signal that the general direction or trend in coming days will be down.

I3lurker. You r only looking at a good "if". There is also a bad "if". That is if i did not buy at 0.75 i would not be in this losing position. Or if i did not sell it at 0.27, i would hv made a lot of money. Remember, for every buyer, there is a seller.

"If" is the past where you cant go back to. There is no such thing of "If" in real time. In the thick of market action, you make yr call. In or out.

Dont let the early green fools you tomolo. This is only the beginning of returning to reality from the top of a la la land.

That said, its perfectly normal to be fooled by the wrong perception that silterra is good. When the dust settle, a simple reality will set in. The fact is Silterra is a 20 yr old problematic company for khazanah making losses again n again n again nonstop. It will take years n years to fix it.

Some still in denial. But todays last hour action was the nail on this dnex coffin.

In a matter of days it will break todays low of 0.565 to low 50s with one shallow rebound & head to mid 40s to range bound there.

Those bought at 0.75 n dreaming to sell at 1.00 will lose 30 cents a piece or 40% in coming days.

You know what they say. Cut yr losses short. This is how to survive in this shark eat shark business.

If you opt to stay in that mindset, good luck. Paper is not only profit. There is this thing called paper loss.

This is how it mostly happens. First stuck a bit n then deeper n deeper. Then hope sets in. Then wait. Then despair. Then give up. Then painfully realize the paper loss into real loss.

Bright choice. Many here are still naive like you. You dont buy n wait like a tree stump for luck for it to move up. If thats how you do it, you wake up one day n see it already 30 cents below yr cost.

The pros are constantly buying in n selling out locking in a few cents profits n losses along the way. Up 3.5 cents you take profit. Then jump in again. Down 1 cent, dump it. You take charge n take action to become nett positive.

Jenny my lady. Market is much2 more bigger than one or a few people spreading fear on internet.

Its technicals. I been saying for ages that somehow n magically share prices or whatever, move in their technical moulds when being traded by many people.

I say it again. Its macd lines has staged a bearish cross today. It means honeymoon on market top plateu is over. Its well on its way down.

This is a 2 way street. You only see money in. People also lost money doing cut losses from 0.64 - 0.67 to 0.595 - 0.63. This is reality of trading.

Thats why i only opt for low hanging fruits during a sharp retreat n get out on 1st or 2nd rebounds.

You see. You are fooled by the hindsight wishing like to buy wd n sell it at 0.34. Thats hindsight. You saw it how it happened. But in real time is not like that. You take what you got while managing yr risk.

Post removed.Why?

I pocketed rm15k on wd n 3k on mother in 7 mins this morning to service my kok to tip top condition.

Wait bro. This is only day 1 of macd bearish crossover. Dont be a fooooool rushing in.

U see or not. 0.605 is not cheap. People eager to get out at 0.605. Golden opportunity to escape bcause its heading lower.

Once yr cut loss point triggered you should swiftly get out. A rookie's mistake is to hope for a rebound. Look instead at the big picture. You are on a very correct method of risk management n damage control. Leave yr kok intact to fuk another day.

The big block at 0.60 is for the shark to escape at 0.61 - 0.63. Its not for you to buy in. You should escape too.

Its going for 0.52. A 12 cents drop from 0.64.
How do i know it? Bcause the chart breakdown occured at 0.64 at 11.16 am this morning while you were shok2 clueless. Sell.

Remember rule no 1. Dont ever get stuck. Limit yr loss at 2 cents a piece. 2.5 cents max. No more than that. Once triggered, sell without hesitation.

Told u oredy. Bullish posture will turn bearish in afternoon. Can see the bear behind the bush or not? After 4 pm you will see it clearly.

Simply bcause macd has staged a dead cross today. Its general direction will be DOWN in the next 2 weeks.

Dont syok2 arr. Extreme syok just b4 extreme tears.

People work like donkeys for decades to get into billion$ club. These crooks did it in 2 weeks.

After UMA, declaration of DESIGNATED SECURITY coming. Then it will drop like a stone n you wud lose everything.

Normal lar prentending to buy while selling. Otherwise how to sell? They take 2 to 3 cents a piece only conning people into buying.

I ll tell u where u can make big money but not in dnex. Im eyeing it like a hawk now n next day or two. Let u know later.

Rule no. 1 dont ever allow yrself to get stuck. See losses, quickly lock in losses.

Rule no. 2 dont forget rule no. 1.

It was at 0.22. Bcause they got silterra does not mean that its good. Silterra been problematic for the gomen for decades. It takes a lot n a lot of time like 3 to 4 yrs trying to turn it around. Even that does not guarantee success. This is the reality, less emotion n sentiment.

So 0.55 to 0.84 was la la land. At 0.60++ now is still a la la land, passing the overpriced shares around.

You got to be 10 steps ahead in this game. I tell you a little secret.

From 0.55 it went to 0.77. This morning dropped to 0.565 n rebounded. This is a technical rebound. In a day or two it will take out the ground zero at 0.55 n turn into a superbearish bear with ultimate hybernation cave target at 0.55 - (0.77 - 0.55) = 0.33.

This is where you wud lose half of yr money if you are foolish enough to invest long term in a goreng hot stock flavour of the moment.

Goreng stock is for hit n run. Not for investment.

Many skeletons in silterra closet. Hype hu-ha only for goreng. As usual some will lose badly.

Either you r blind or stpeeeed. Macd has crossed n its a dead cross. A confirmed signal its coming down from the hu-ha speculative top.

I say it again: hu-ha speculative top. What was it. 0.84?

I only went for low hanging fruits. $18++k in 7 mins.

Dont believe me arr. MACD HAS STAGED A DEAD CROSS. A closer look at the chart wud put the dead cross tp at 0.47 only. Thereafter it will go back all the way to 0.32 to sleep there for a year. Wd will go back to 5 cents.

Current bullish posture will give way to this dead cross in afternoon trades. Stay out.

Stop buying. Macd has staged a DEAD CROSS this morning. Its going down much much lower.

Sold 0.615 n 0.285. See money take money dont be greedy.

Bought at 0.58 n 0.255 wd. Support is here.

Kawe kato doh. Demo tok denga. Syed tu gu kawe.

I told you already. Hype, not reality. When sentiment cooling hot stock becoming colder n colder. Tp 0.51.

Fasten yr seatbelt for a free fall limit down to 0.995 some time tomolo.

I asked you to escape at 0.41/0.42 didnt listen. Now all bad smell burnt esses all over.