Hai ya kawan. These are monkey trades. Nothing to do with fundamentals. Last monkey in will pay the price.
Mother monkey beats the drum. So you dance accordingly lar. When got push, got volume n more importantly GOT CONVICTION by mother monkey, you jump in lar.
Only 1 rule to follow: if you make money, you take money. If you make losses, quickly lock in yr losses. Bcause mother monkey can screw you when you least expected.
If u dont want monkey trades charles, you go n buy TopGlove n hold until next year. I hv 2mil$ inside for 7 weeks oredy. I no jump in n out there bcause its a SERIOUS INVESTMENT, not a monkey trade as in sfptech.
If u dont want monkey trades charles, you go n buy TopGlove n hold until next year. I hv 2mil$ inside for 7 weeks oredy. I no jump in n out there bcause its a SERIOUS INVESTMENT, not a monkey trade as in sfptech.
Nah...if TG can go up few cents u will sell all......lol
This is monkey trade. If you are naive enough to go in and hold into monkey trade, you can lose 25 - 40 cents a piece easy.
I rephrase using more professional terms: this is a highly SPECULATIVE TRADE. When you see price moves up quickly from 0.56 to 0.99 in such a short time span, and the surge on n off in volume, it is therefore a highly speculative stock making a move with an operator behind it. It is also called hot stock. The end game of hot stock is ALWAYS, NO EXCEPTION, IT WILL RETURN TO ITS COLD STATE. First, operator will quietly disappear with their loot, then interest n trading volume dissipates, and finally share price returns to its square 1. If you naively go in n hold, or trapped in the thick of the action n you sayang2 hold, you will lose big time, some 40 - 60% loss.
So the rule for trading hot stocks always to go in for hit n run. You hit money you take money. You hit sh*t, you get out.
Again you are naive if you think people make 40 cents a piece when you see share price moved from 0.56 to 0.99. Your brain tricks you into UNREALISTIC WISHFUL THINKING with the BENEFIT OF HINDSIGHT.
The reality is people make 4 to 6 cents per trade on the way up simply because SHARES CHANGED HANDS on the way up. I made 1.5 to 5 cents on each of my 4 trades here.
Your brain also tricks you not to see some people also lose money in some cut loss trades.
Anyway as long as u r happy with yr TA skills to make few cents fm SFP i also feel happy for u....good also lah if u can make few K n can go for yr Holland trip
Enough lah arguing. And you’ll always see rr67 boasting. He is a trader pure and simple. It’s almost certain he never picks up shares on any counters. There is a reason. Try guess why
Rr67 is the only person I truly despise in i3. He tricked folks in Prlexus. “Buy lar, easy money” he said. Then he posted he sold. That’s ok. But he posted laughing at those that held. Despicable
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....
VenFx
14,784 posts
Posted by VenFx > 2022-08-04 09:51 | Report Abuse
Tech (The 4 )
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