There is an old but very famous joke about the stock market. If you have lost some money in the stock market and feel bad about it, don't worry. Ask somebody you know about their losses in the stock market, and you will feel better that you lost less money.
While this joke has been doing rounds for several decades now since the RENONG & IDRIS time and is still quite relevant because there is absolutely no shortage of people who lose money in stock markets. According to popular estimates, as much as 90 - 95% of people lose their money in stock markets, and this includes both new and seasoned investors.
If anyone claims he or she makes millions from stock market, there is 90 - 95% chance that he or she is lying.
Generalization doesn't work. Facts , facts and facts .Don't be like Trump lying , bullying and too much into himself. There is Chinese saying - can't shit blame the floor is hard . The best advice is see the mirror and talk to yourself .If you like the person in the mirror then only open your mouth.
It is true only less than 10% retailer make money. Everytime newbies get conned like this, no ppl dare to buy share. Bursa really need to investigate for share manipulation. Although I agree no shark no fun. Lol
The bubble had just imploded 3 days ago. But it begin to inflate immediately bcos New fund keep flooding in. As long as "fresh Legs" keep pushing the bubble, it will inflate rapidly. These are surely new legs bcos Vivo Cap is small, almost 100% turnover of freefloat in a single day.
Of course corpses are everywhere here, many "ghost cry" from loser----Life goes on.
To stock retailers, trade carefully, Vivocom only rebound for 1 trading day which is Friday, Thursday was not considered a rebound as the price is closed below the previous day's price. Of course high-risk high return but it can also burn you badly. There are a few possibilities, one is they will try to push the price up again to trap more ppl. Or it currently already doing it to trap more so they could sell higher price.
Why not avoid this counter and invest in other better stock with a higher return of investment. it already shows that it could drop so fast that you could not be even cut loss fast enough. So my advice is to avoid or take your own risk.
stockisnotfun, you should upgrade yourself with a new version on "how to scare ikan bilis"--- I am scared until my pisang drop-off is already a Old version
Kabam88-yes it is a gamble but in this market fundamentals don't seem to pay off so sometimes we got to take a chance and pray hard it works out.Obviously don't put in money you can't afford to lose!!!
Come monday ( 30/11/20 ), consolidation will surely come as typical with such high volume traded ( T+2 ). No one will hold shares past T+2 on such high volume. If want to buy, let it consolidate first...happy trading to all of you and all the best.
Vol. will high Monday, By 10:30am , those want to Sell already Done. 12:00 another cycle begins...there is No good goreng stock coming from 3Qr results...all like shit...so everybody rush to Vivo on Monday
I bought repco at 3.60 n sold at 4.10. And bought again at 82.50 (rm82,500 a lot) n sold at 88.00. Then just watched it cruised up 50 cents a day all the way to 140.00 ++.
But as per ACTUAL STATISTICS by ACTUAL RESEARCH, 90 - 95% people who try to make money in stock market WORLDWIDE, end up LOSING MONEY.
Here's the ROOT CAUSE of the PROBLEM. The hindsight of PAST PRICE MOVEMENTS tricks your brain into thinking that it is possible to make big money which is COMPLETELY DIFFERENT than when you come face to face with it in REAL TIME LIVE PRESENT MOMENT situation.
Thats why its 90 - 95% FAILURE RATE and thats why its WORLDWIDE. If you were to go to trade on DIFFERENT PLANET, the outcome would be THE SAME. Its the INHERENT NATURAL OUTCOME when HUMAN BRAIN MEETS the STOCK MARKET.
Many have given up but some people are still at it for over 20 years trying to be successful in something that has a 90 - 95% failure rate but still failing. This is THE BIG PICTURE and THE BRUTAL REALITY of STOCK MARKET that your brokers dont tell you.
Whatever you make in Vivo, you will lose it somewhere else.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
seejovin
41 posts
Posted by seejovin > 2020-11-27 23:12 | Report Abuse
VIVOCOM: End of Day Report (27 Nov 2020)
https://klse.i3investor.com/blogs/see/2020-11-27-story-h1537294983-VIVOCOM_End_of_Day_Report_27_Nov_2020.jsp