Posted by ProfitMan > 2015-05-20 12:47 | Report Abuse

Duit, I am very humbled by your kind comments. We are just glad we are able to contribute in a small way. Hope you continue to make good money from the market, bro. You too possess a very unique analysis of stocks which is a very practical approach and we respect that. Our respect is mutual, bro. Cheers.

Posted by sunflower22 > 2015-05-20 16:57 | Report Abuse

Dear TCB,

Kindly advice on harbour. Many thanks

Posted by yoda88 > 2015-05-20 17:13 | Report Abuse

bro duit, we are always learning from each other.I always look forward to your comments which are valuable to me and many readers here. Sometimes we need each other to alert otherwise we will float n be carried away by with Mr market.Cheers bro duit.

Posted by duitKWSPkita > 2015-05-20 17:19 | Report Abuse

Like ur humble reaction bro yoda88... very happy to know you all in my learning process..... really appreciate it.
pls promise me don't kill Mr.Market..... bcoz we will be Market Maker very sooner.... hahahah,,,,,,I know somebody already "real" market maker here..... shhhhhhhh... diam diam

have a great wonderful evening yoda88, profitbro and all TCB members.

Posted by yoda88 > May 20, 2015 05:13 PM | Report Abuse

bro duit, we are always learning from each other.I always look forward to your comments which are valuable to me and many readers here. Sometimes we need each other to alert otherwise we will float n be carried away by with Mr market.Cheers bro duit.

Posted by Dunknow > 2015-05-21 06:28 | Report Abuse

Good morning TCB,good morning Tsy....

Posted by Dunknow > 2015-05-21 06:30 | Report Abuse

bro duit,profit bro,yoda San,great team of TCB...thanks for continuous sharing,it is great opportunities to learn here...thanksssss so muchhhhh....

Posted by tsy88 > 2015-05-21 06:36 | Report Abuse

Good morningTCB/dunknow

Have a great day ahead with fruitful gains. Happy trading !!

Posted by tsy88 > 2015-05-21 06:37 | Report Abuse

Dunknow .. wah, u are so early today!!!!

Posted by Dunknow > 2015-05-21 06:47 | Report Abuse

Haha,only 1 minutes early than you...kiki

Posted by cbyeoh > 2015-05-21 08:41 | Report Abuse

HLE - 21/05/15

Momentum Idea
PESONA: Bottoming up
Poised to retest RM0.70-0.73 levels after establishing its base near RM0.60-0.625 territory. Since tumbling from the peak of RM1.02 on 2 Mar to recent low of RM0.625, we believe that selling pressure has been exhausted and a base is slowly forming.
A decisive breakout above RM0.665 will spur prices higher towards RM0.70-0.73. Cut loss at RM0.59.
A cheaper trading exposure is through PESONA-WC (Expiry: 27 Jan 2020; Discount: 1.6%; Gearing: 1.68x)

Posted by cbyeoh > 2015-05-21 08:47 | Report Abuse

UOBKH - 21/05/15

Stocks to watch:
1) DNONCE TECHNOLOGY; Technical BUY with +30.9% potential return
*Last: RM0.455 Target: RM0.575, RM.635 Stop: RM0.395
*Timeframe: 2 weeks to 2 months

2) ALUMINIUM COMPANY OF MALAYSIA; Technical BUY with +34.2 potential return
*Last RM0.760 Target: RM0.895 RM1.06 Stop: RM0.695
*Timeframe: 2 weeks to 2 months

3) HARBOUR-LINK GROUP; Technical BUY with +19.5% potential return
*Last: RM2.00 Target: RM2.24, RM2.39, Stop: RM1.72
*Timeframe: 2 weeks to 3 months

Posted by sunflower22 > 2015-05-21 08:57 | Report Abuse

Good morning matrix, profitman,TCB and all.

Thanks cbyeoh for sharing.

Happy trading..

Posted by ProfitMan > 2015-05-21 09:58 | Report Abuse

tsy, dunknow, sunflower,duit and all, Good Morning.

Posted by Dunknow > 2015-05-22 07:33 | Report Abuse

good morning TA Specialist
good morning tsy

Happy trading ya....

Posted by tsy88 > 2015-05-22 08:05 | Report Abuse

Good morning TCB/Dunknow


Have a wonderful Friday with fruitful gains. Happy trading.

Posted by cbyeoh > 2015-05-22 08:51 | Report Abuse

HLE - 22/05/15

Trading Idea - EVERGREEN
EVEGRN: Accumulate on weakness
Ongoing weakness in share price provides good opportunity to accumulate as it is trading at 29% discount to its 2014’s BVPS of RM1.62 and 22% below our HLIB Institutional Research’s target price of RM1.47.
A decisive breakout above RM1.20 will spur prices higher towards RM1.28-1.43 zones. Cut loss below RM1.04.

Posted by puspa > 2015-05-22 08:54 | Report Abuse

Hi Good Morning TCB n Friends. I m new to share market.

Posted by sunflower22 > 2015-05-22 09:07 | Report Abuse

Good morning Matrix, profitman, TCB and all

Have a wonderful Friday..

Posted by ProfitMan > 2015-05-22 22:44 | Report Abuse

puspa, hello. Thank you for dropping by.

Posted by Dunknow > 2015-05-23 07:32 | Report Abuse

good morning tcb
good morning tsy

Have a pleasant weekend

Posted by tsy88 > 2015-05-23 10:04 | Report Abuse

Good morning TCB/dunknow

Have a wonderful weekend with loved ones and friends.

Posted by matrixcool > 2015-05-23 13:18 | Report Abuse

23/5/2015

Group Think Vs Trading Plan

I always want to write this article to tell my readers about the important of a Trading Plan and finally I got my son to help me to put it down on words.

This happens a lot in social circles and discussion boards. It comes from insecurity. You've seen it many times, someone comes into a conversation and they say things like, "I think this counter xyz going to move in a big way tomorrow, I heard it from Mr. ABC. You guys think it's a great opportunity right?". What seems to be an innocent and harmless "hearsay" stock tip is actually an individual seeking confirmation from his or her peers. That means that person, on a deep subconscious level, is actually not sure whether or not this is a good idea to trade in Counter XYZ. That person has no confidence in their own system or trading plan, or even worse - they have absolutely no plan to begin with. They want to hear people say to them, "Yeah! sure make money bro!", so that they can feel secure. Do not be like that person, as you have no reason to be.

You are armed with technical knowledge, and you have many opportunities to research a counter before going into a trade. Not even that is fool-proof, but a trader with a plan is bound to succeed more than an insecure group-thinking person. Why?

Simply because doing the hard work and analysis gives you a structure on how you will do your trading. After that you set your own trading plan, know your Entry Price ,Potential Rewards and Stop Loss level. You already have the three most important parts of information for when things go right, or when things go wrong. Meaning to say, you don't need to ask ANYBODY for confirmation on whether or not the trade is going to be a smart trade. This is because you know exactly when you want to go in, or when to pull out. If you stick with your trading strategy and plan, you need not worry about someone else's insecure statements like, "Aiyoo I think this counter going to go down further lah!".
I've seen big groups of people being dragged down by one outspoken, insecure trader - because they were not strong-willed or disciplined traders themselves. With that in mind, always remember to separate your emotions from your technical analysis. It's impossible not to feel any emotion, but try to be as objective as possible. Stay away from insecure people trying to take other people into their black hole of insecurity. Avoid group think, and contribute / help other traders on a basis of confidence and discipline.

Happy Trading,

Matrixcool

Posted by Dunknow > 2015-05-23 13:24 | Report Abuse

Hi matrixcool,thanks for your kind sharing…will go through later…thanks to your son too ya...

Posted by connie > 2015-05-23 13:46 | Report Abuse

good afternoon matrix ... it is so true that a trading plan is imperative for a trader to earn profits consistently !!! and i also believe that a trader must find a system or strategy that suits his/her personality and NOT being influenced / pressured by peers who play a different game altogether :) thanks for sharing matrix ..

Posted by Dunknow > 2015-05-23 13:56 | Report Abuse

Very simple & easy to digest…3 main points :
1)Plan Trade with discipline
2)Do not easy influence by other & not to influence other with one’s insecurity
3)Control your emotional (EQ) & think positive confiedently
Thanks again,Matrixcool

Posted by Dunknow > 2015-05-23 13:56 | Report Abuse

good afternoon,connie...

Posted by kikiewew > 2015-05-23 14:19 | Report Abuse

Thanks Matrixcool for sharing.

Posted by CityTrader > 2015-05-23 14:25 | Report Abuse

Well said Matrixcool.
Plan our trade and trade our plan. The main enemy in bursa is not sharks, it is our-self that create fear and greed so discipline is ulmost imperative and a MUST. Who can do that? I derail sometimes bcos of greed (saliva out when c a pretty gal). Cheers!!!

Posted by RI77 > 2015-05-23 15:15 | Report Abuse

Thanks Bro Matrix and son.
Ya, it happens to me looking for confirmation all the time.

May God bless you always.

Posted by johnny cash > 2015-05-23 15:27 | Report Abuse

Dear TCB, please give some TA on BRAHIMS, tqvm

Posted by novice8 > 2015-05-23 16:03 | Report Abuse

Mat!! Many thanks for your sharing of the importance of trading plan!! I myself don't have any before this! I feel trading plan is so crucial especially when comes to exit. When do I lock profit and when to cut loss when it hits the stop loss. I must say the latter is not easy and it's like a kick in the teeth but it helps to preserve my capital from further losses on numerous occasions!!

Posted by twoplus > 2015-05-23 18:54 | Report Abuse

dear TCB, any review on AWC? tqtq

Posted by cityplus > 2015-05-23 21:33 | Report Abuse

Thumb up Matrixcool :)

Posted by ariff7996 > 2015-05-23 21:41 | Report Abuse

Hi matrixcool n all sifu here... Just step in here, thanks to matrix for generous sharing through e mail... I hope can learn from TCB team :)

Posted by sunflower22 > 2015-05-23 23:38 | Report Abuse

Many many thanks to Master Matrix..

Thumbs up, toes up :-)

Will take note.. Will be well disciplined, trade with plan without emotional.

Good night to daddy Matrix & son.

Posted by ProfitMan > 2015-05-24 00:52 | Report Abuse

ariff7996, thank you for dropping by here. Here, we try to learn from each other. We look forward to your presence here. Cheers.

Posted by ProfitMan > 2015-05-24 00:55 | Report Abuse

Thank you Matrix for sharing that. Matrix is one of the most disciplined trader we have come across. His advise is very timely especially during these times and it was indeed very generous of him to impart his knowledge to us.

Posted by sunflower22 > 2015-05-24 10:54 | Report Abuse

Good morning Matrix, profitman, TCB and all..

Have a wonderful Sunday, enjoy the time with your loved ones.

Posted by tsy88 > 2015-05-24 11:09 | Report Abuse

Good morning TCB/Dunknow

Have a wonderful and relaxing Sunday !!

Posted by tsy88 > 2015-05-24 11:30 | Report Abuse

Matrixcool

Good morning. Just ran through the above article. General school of Thoughts vs Trading Plan. Many thanks for your generous sharing and findings.

Absolutely agree with you that it is extremely dangerous to follow/be influenced/act on one's "hearsay" or the herd mentality for trading. Tendency to be get caught under such circumstances cannot be ruled out.

Always grateful for your alerts and timely advice !!

Posted by cherry tomato > 2015-05-24 12:23 | Report Abuse

Dear TCB, please help read HSL.
TQ.

Posted by Mike Kong > 2015-05-24 16:27 | Report Abuse

Matrixcool : Thank you for the good article, will look forward for more write-ups like this!

Posted by jtpc2006 > 2015-05-24 20:41 | Report Abuse

Hear, hear, kudos to Matrixcool, TCB and others for their valuable input

Posted by matrixcool > 2015-05-24 22:36 | Report Abuse

Thanks everyone for your kind words.
Ya, I will write more articles here in the future.
profitMan, you are such a great leader in TCB..Hat off !

Happy Trading !

Posted by tsy88 > 2015-05-25 07:30 | Report Abuse

Good morning TCB/dunknow

Have a fruitful Monday with gains. Happy trading !!

Posted by Dunknow > 2015-05-25 07:39 | Report Abuse

Good morning TCB
Good morning tsy

Happy Monday Blue...Ehh?
Happy trading

Posted by davidkkw79 > 2015-05-25 07:56 | Report Abuse

Sell

Posted by sunflower22 > 2015-05-25 08:57 | Report Abuse

Good morning Matrix, Profitman, Team of TCB and all the readers here..

Glad to hear we have more write_ ups from Master Matrix.. Looking forward for the valuable and nice articles..

Happy trading.

Posted by puspa > 2015-05-25 11:49 | Report Abuse

Hi TCB

Posted by kc18 > 2015-05-25 15:56 | Report Abuse

Y bursa did not issue UMA our market sudden drop so much?