Bro, basically i am using TA to trade, so i did not pay much attention to any news. I normally will have a glance at the financial performance, if it is a profit making company then it is fine. The rest of it will come back to the chart, my immediate cut loss is at 0.415 and adjust accordingly when it is trending.
Bursa and Kentrade organised their second year share trading competition in October last year and the top 10 were invited to KL for the grand finale. I was told that there were 18,000 partipants last year.
OIC, thanks for the info. Bro, your recommendation on EMETALL is a good buy, if i were to know u earlier, i would not had hesitated to go in at 0.75 (during the breakout), now i am fully invested (my investment- maximum 5 counters, not more than that), will see how to replan my investment.
Great plan. I was one of the top ten competitors at the grand finale but didn't win because I did not know that competitor could have outside help!!! Malaysia Boleh. Bursa defintely has no standard. The winner was the second time competed in KL. Everyone has sms advising them except me! Haha too green :-)
Monthly and weekly chart is still on downward trend, i foresee resistance at 0.86(55MA) & 0.89(previous high), short term can make some profit, but once it touches these two, monitor closely in case of reversal. Thats my view, i might be wrong, bro.
Bro Venfx, i used to hold both EG & EG-WC and sold them on 2/6 & 6/6 (EG buy 0.88, sell 0.865 & EG-WC buy & sell 0.545). Reason being i see these 2 counters are going into consolidating and it will be a waste of time for me to wait. I then transferred my fund to ARANK, SOLUTN & YONGTAI and fortunately my guessing was right. Maybe Icon 8888 have a better picture on these 2 counters as i do not involve deeply into fundamental analysis.
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....
ExCFO
278 posts
Posted by ExCFO > 2016-06-10 09:11 | Report Abuse
Accumulate on weakness