Posted by kingcobra > 2019-07-05 11:29 | Report Abuse

one cup of teh-o please.....

Posted by bursatrader2018 > 2019-07-05 11:36 | Report Abuse

yes, right now KLCI is down 5.36 pts to 1682.12
262 up, 356 down, 353 unc

YOUR MISSION, "daytrader" is to get your butts off your lepak in STARBUCKS and strt looking at the 262 up stocks to trade...

n forget about the uptrend, rebound, downtrend business,..
just trade n make money, its that simple... hahaha..

Posted by Tom > 2019-07-05 11:41 | Report Abuse

Hi News reporter cpteh, can you analyze any super downtrending stocks

Posted by Tom > 2019-07-05 11:43 | Report Abuse

Our news reporter cpteh always says "cut loss cut loss waterfall downtrend", truely classic, lol

Posted by bursatrader2018 > 2019-07-06 16:17 | Report Abuse

An uptrend is an overall move higher in price, created by higher swing lows and higher swing highs - Investopedia

your defination :

UP TREND stocks : defined as NEW HIGH ... and formed higher low ... higher high. SIMPLE as that. No need to argue.

Think :

If wait until the price reach NEW HIGH, then only call up trend , will miss out on the whole profitable price action

Does a "day trader" need to look at 5 yrs chart to decide TODAY's trade ??

Not invest for long-term , just in today n out same day or maybe tmrw ..

looking at the wrong charts and wrong indicators lah....

Most technical analyst only look at max 200 day MA, beyond that is of dubious trading value, except to see the historical HIGH/LOW ..


Do not dwell in the past,
Do not dream of the future,
Concentrate the mind on the present moment (Buddha)

...then decide your trade