"Knowledge without discipline is dangerous,discipline without knowledge has little value"
1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..”
2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you.
3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade.
4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade.
5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together.
6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk.
7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .
Correct !! "Posted by tsy88 > Sep 3, 2014 08:05 AM | Report Abuse
Inwest88 - yeah, agree. The syndicates/manipulators are so smart, you cant beat them. They have a physchological edge over the ordinary trader especially contra players."
Hi Yongyau. Sorry for late reply. In fact I bought Alcom at 1.08 to average. Had wanted to take up 50%. However, changed my mind when I saw it was registering lower highs every day and decided to cut loss. I sold all at 1.07. Lucky I disposed in double quick time as next day, the latest quarter results revealed heavier loss by 55% and it came tumbling down! I also remembered Matrixcool's Fifo alert on the stop loss level for this stock.
What about you? Did you cut loss like me or otherwise?
untung99: SYSTECH Bullish currently, but do take note that the shadow of the candle seems to be long, might have a sell pressure in very near-term. Immediate resistance of 0.195. Immediate support at 0.175 and next support at 0.165. TP of 0.21/0.22. Trailing-stop/Stop-loss at 0.165.
PANPAGE: Cup and handle formation. Resistance at 0.38 and 0.39. Support at 0.35 and 0.335. If 0.39 is broken with volume and close above it then will go to my TP of 0.43/0.44. Stop-loss if support level 0.335 is beached.
MASTEEL: Symmetrical triangle formation. Resistance at 1.07 and 1.10. Support at 1.02 and 1.00. Stop-loss if 1.0 is violated.
tsy88 - good morning. Yup, agree with you on cutting loss as this is what TCB always advocated. Was lucky (hopefully) to look at the screen in the afternoon and got some GBH and its warrant. Also took up positions in Carepls and HHHCorp which I mentioned. Still monitoring Iris, Dnex and may look at AWC and Goodway today. Going out now. have a good trading day.
Good morning. Congrats. You got many winners especially Gbh and its Wa,sitting in hefty gains. Carepl and HHH both registered new highs. You are really on a winning streak. Keep it up.
novice8 / cityplus - Thank you for your kind words. We hope you made some good profits on it and we would be delighted if you did. Tekseng is currently testing the 0.70 resistance after having cleared the important resistance at 0.645/0.65.
profitman .. matrix !!!! i was so engrossed with smrt due to brahmal acquiring more shares and did not look at tekseng :( :( :( congrats to both very nice gentlemen :) :)
connie - thanks. So good to hear from you again. I suppose you must have stocked up on SMRT ....hahaha.... Hope you profit big time on this one! Had your sandwich for the day?
Thanks TCB for the superb call on Tekseng. Brother Matrixcool just in time to receive your update last night and buy in Tekseng when break $0.60 today. God Bless TCB !!
bb55, RI77, cherry tomato, lee9fold - thanks. Congratulations to you people. Please remember to set your trailing stop if you intend to ride out the profits.
Cherry - well done. Yes, that is the way to trade. Once you are satisfied with your profits, take it off the table. Congratulations.
Again. WELL DONE on TEKSENG. May I learn during this morning transaction at specific price RM0.665. Who and how many peoples involved in change hands? Thanks in advance should you willing to share with me the particular buyer's name.
Glad that you are monitoring Alcom only and did not buy. LuckilycI managed to recoup all my losses in Alcom from TekSeng! Bought at 60.5 on breakout and cleared at 69 today with substantial gains, thanks to Matrixcool's constant updates and alerts which were also covered in their SIF blog.
Sorry to hear about your being stuck in UEM. Do not despair or give up. Hope you can recover your losses from other stocks and may you profit from your trading.
Glad that you are monitoring Alcom only and did not buy. LuckilycI managed to recoup all my losses in Alcom from TekSeng! Bought at 60.5 on breakout and cleared at 69 today with substantial gains, thanks to Matrixcool's constant updates and alerts which were also covered in their SIF blog.
Sorry to hear about your being stuck in UEM. Do not despair or give up. Hope you can recover your losses from other stocks and may you profit from your trading.
After receiving your e-mail message in the afternoon session re Alcom, I immediately withdrew my sell order at 70.5 and cleared all at 69. Finally got my breakthrough today after my recent losses on Guoco, Ho Hup and latest on Alcom!
It is such a relief to be able to register substantial gains which I have not been able to achieve for quite some time. In fact, was just telling Inwest88 that lately been encountering losses and gains made, if any, were minimal like Keladi, Sntoria wa, Mmsvc (Sntoria wa the most).
Tcb with their selection stock picks as evident in their SIF blog on TekSeng/Smrt have enabled and helped many, me included, to reap handsome gains on trading. Just TekSeng alone, is an outright winner! Congratulations and cheers to all who have profited from TekSeng and Smrt!
I fervently hope that TCB with their team effort who have embarked on and specially created this SIF blog, continue to keep all readers and forumers englightened.
I, for one, am very grateful and thankful to Matrixcool and the whole team for providing all readers with so much knowledge and insight.
Once again, thank you so much. (Hope I am not being too long winded here)!
Taka - IFCAMSC: Now it's under retracement. Support level at 0.42 and next support is the gap support at 0.395. Immediate resistance level at 0.48, next resistance at 0.505. Stop-loss if 0.39 is violated. For your questions "what price to enter", well that's all depends on your own calculation of risk and reward ratio and your own plans for the stock.
Posted by Lz Lee Weiping > Sep 2, 2014 11:50 PM | Report Abuse X IFCAMSC: Stage 2. Bullish. Today it shows a bit of weakening so i have sold my to protect my profits first. Immediate resistance of 0.52 Next resistance level 0.53/0.54. Support level at 0.475 and 0.425. Daily RSI indicator still showing bearish divergence. TP of 0.58 and 0.615. Trailing stop/stop-loss at 0.475/0.47
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....
Posted by TechcodeBreaker > 2014-05-18 01:09 | Report Abuse
"Knowledge without discipline is dangerous,discipline without knowledge has little value" 1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..” 2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you. 3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade. 4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade. 5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together. 6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk. 7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .