No fear, DreamConqueror. Reach's momentum is much stronger than the comments of any of your average so called "boddoh konttuik iddiot dikkhedd" investor LOL. Reach will eventually prevail over any minor disturbance or interruption.
thank you Dream Conqueror.. by the way, u are so funny!! good :) totally agree with WealthSoWonderful. What to worry about reach?? bodoh or idiot make no different... reach will eventually prevail over any minor distrbance or interruption. Reach movement are much more steady than Hibiscus. Peace V.V
PERDANA today also up like crazy..+80...lol.. Reach just now taking profit 0.480 area...Reach is healty trade..ppl taking profit after break new high...
Some people. They enjoy gambling with their hard earned money, then spending all day studying this crap, pondering that crap; reading this analishit, eating that analishit; then selling off at the slightest sign or shadow of meagre profit; and then going home patting themselves on the back for what a fantastic player they hv been.
contra players different from those with holding power. everyone has their own trading style. some happy lock in 10% profit . some only take profit if counter hit their target price, some go for the overkill 30%-50% target
Why settle for 3% ROI, if you can get 23%. The effort & energy you needed to hv expended for both is not that much different. Maybe some contra players need to study some basic engineering. Might achieve some improvement in the way they play.
Mr. YChoong, dude. Invest some time & effort. That is what a serious long term investor always has to do. Scroll back to two weeks ago, and see how much you wud hv been able to get Reach for, that time.
3%ROI is cash... 23% is paper profit. Some trade play long term... play long term u need lot of cash, cash being tide up. If play Contra T3, u dun need to spent single cent, when 3rd or 4th day either u gain or lose, lose u pay loses, gain u collect money. Thats y nowaday playing share not like last time, all keep share, holding shares... thats y now have short term, mid term, long term.. eg if theres a share confirm u earn 100% within 2mths time, but the share price cost RM30... see it can get double, but no capital to buy the share, how?? theres no right or wrong to win the ROI 3% or ROI 100%.. as long as trader happy...
dream conqueror, i’ve just bought reach’s son today. been holding hibiscus for a long time cuz i know hibiscus still got upside. not so sure about reach’s future so a abit worried.
32.5 was about my average entry price. Two weeks ago, approximately. At 50, I wud be getting 53.8% ROI. Now, with oil going strong, and Reach hvg shown good profit for its latest qrtr, there is not really much danger of any catastrophe in next week or so.
If I can sell @60 nx wk, I'd be getting 91.7% ROI. Now, this is what I call serious OPTIMAL & EFFICIENT game play.
Okay it's still paper prof for now. But 60 next week, or the week after that, for Reach, is now no more 'fantasy', for sure.
But you still want & love your 'real' 3% profit. Okay, you stay happy with that, friend.
This is roughly Jeffrey Ng's typical weekly game play pattern.
Monday, win 3% at closing. Tuesday, lose 3% at closing. Wednesday, win 3% at closing, Thursday, lose 3% at closing. Friday, lose 3% at closing, becos dare not take position over the weekend.
Mr. BowMan, dude. You are quoting from an article dated March 31, 2016?
So, when was the last time you took up a bow to hone back your old archery skills? It has really gone a bit rusty now. Or perhaps you are actually a time traveller from another world.
This is roughly Jeffrey Ng's typical weekly game play pattern.
Monday, win 3% at closing. Tuesday, lose 3% at closing. Wednesday, win 3% at closing, Thursday, lose 3% at closing. Friday, lose 3% at closing, becos dare not take position over the weekend.
To each their own. No right or wrong trading/investing process. Only those that work for each individual.
If someone can make 3% consistently every day, then over time he'll make a lot. Consistent being the operative word.
My approach depends on the stock itself. In this case, Reach was always going to be a long for me as I got in early.
I have both mum and son and I approach them differently.
The son is, for now, tracking the mum in terms of % gain. There will come a point where the son will take off and will trade at a bigger premium, considering expiry is in 2022, 4 years away.
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Posted by WealthSoWonderful > 2018-10-01 16:03 | Report Abuse
No fear, DreamConqueror. Reach's momentum is much stronger than the comments of any of your average so called "boddoh konttuik iddiot dikkhedd" investor LOL. Reach will eventually prevail over any minor disturbance or interruption.