I trade small, never more than 10k in one transaction, so that if I'm wrong in the short- to medium-term, I have reserves to buy more. There's not one day that I can say for sure I know how the market is going to move. Every trade has its probability(0%< x < 100%). Most of the profits I earn daily is small (<$300) but occasionally, a big score like Huaan, AHB & a handful of Japanese stocks come along & I'm at the right place @ the right time to earn >$10k. I will never stop learning new things until the day I quit the market & every mistake is a lesson on how to trade better in a constant psychological battlefield. Every day the local market has been open since July 29th 2020 has seen at least 1 trading profit form MY/HK/SG/JP/USA & today I look forward to my 860th session non-stop of such earnings. There are ppl who have been in the mkt longer but on 21st Sep '24 I will celebrate the 30th Anniversary of my first investment in stocks & 6th Jul '24 will be my 7th Anniversary trading in the Tokyo stock exchange.
Widad is not worth 13.5cts, should be at least 35cts and has been around that price for the last ten years..how can within 3 days… dropped to this level…common sense says good to enter now to welcome the Dragon year..
@paktua73 - Waiting until above 0.35? May or may not, but more power to you and good luck! For myself, I'm taking the quick profit. Because I "shouldn't" have bought in the first place this kind of ultra-speculative trade. It went against my (usually) cautious ways. However, I got attracted due to the heated arguments here :)
Is it fair..bought 14cts under share margin with share value Capped at 14cts and NTA 16cts…. In view of LDs, Banks revised capped share value to 5cts exacerbating the KLSE dilemma….of force selling…among so many investors in panic mode…
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....
Michael R.
4,812 posts
Posted by Michael R. > 2024-01-22 15:15 | Report Abuse
flushing risk