"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 .
Dunknow - today market is good with most stocks up! Ifcamsc up 7 cents and closed at its highest, 0.61. I re-entered at 0.555 this morning and sold part at 60.5. Balance will sell tomorrow. So nice, up almost every day!
Trading sideways in a rectangle between a support line at 1.08 and a resistance line at 1.13. For any meaningful price reversal, it needs to overcome its resistance at 1.17. It will likely continue to trade sideways unless it can break 1.13 with volume.
I am sure you have your own ways to spot a potential up trending stock but I can share with you that I usually look for reversal patterns supported by increasing volume. I also look at stocks with good FA that has been sold down like during the recent corrections. Usually if the stock volume is low and has been consolidating for long periods, I do not trade it unless there are indications of increasing momentum in the stock or there is some potential catalyst to the stock. This may not necessarily be the correct way. However, during the current market conditions where uncertainties and some bearish sentiments are still hanging above our heads, it is really not easy to spot winning stocks.
----------------------------------------------------------------------- Posted by duitKWSPkita > Oct 26, 2014 12:16 PM
Dear TCB experts,
May I learn something from you guys? Mind to share the stock price outlook for CCM?
Apart from that, can I learn when we spotted a high potential counter for near term rise. If the volume is too less (consider dead stock) the linear or consolidated level can be used as key indicator?
Thanks in advance to learn from your expert advice.
Can somebody advise me on FBMKLCI-HB? Several persons had said different calculation ways for this. Some said it's +-40% premium while some said more than 70% already. I don't know how's the calculation. Only know base price @ KLCI 1880 points at RM0.15 during initial offer. 667 put warrants for one KLCI points. I know I shouldn't buy this when I'm not aware of it but as a newbie I've already bought it.
Every 100 points +- on KLCI = RM 0.15 on price theorically? Hope for some guidance
Really appreciated your view on CCM counter. I m fully agreed with you to trade "for reversal patterns supported by increasing volume" and "there is some potential catalyst to the stock".
I hope you are doing well these days especially in rebounce and correction related field.
bombastic - no need to apologize for the question. It is a perfectly legitimate question and you can pose any question here. We will try our level best to help you but unfortunately, in this case, I am sorry I am unable to help you. My apologies.
But what I can say is this, with put warrants, ORs, LRs and issues like these, it is very important that you work out the details of it before entering into the trade.
Dear all,
If anyone here are familiar with this put warrant of FBMKLCI-HB, please help out Bombastic here.
Inwest88 - good morning. Dow back up again. Re-entered Ifcamscat 55.5 and cleared part at 60.5. Will clear balance today. Cscenic up 2nd consecutive day. Also bought Kpscb.
tsy88 - I mentioned this morning that the rise could be curtailed , thus I cleared most of the counters to lock in gains but still holding some nihsin (in 43 sen) and Ijacobs (in 40.5 sen)
hi tsy88...a very good morning to you,you are so much earlier today,hihihi...yeah,it should be a green day today,wishing you a properous trading day!hmm,looking to recollect ifcamsc...
Inwest88 - dow back up and hit 17,000 yet again. Shows resilience! Wow, you entered quite a number of stocks. Congrats on all your gains. I had intra day gain on Nihsin, in at 47.5 and out at 51.5 and also on Mmode, in at 54 and out at 57.5. Have a fruitful day with lots of gaibns, ya.
hihi...'kau-lui' (in cantonese) at Chrissycon? hmm,price for ifcamsc is quite high at this moment....and next week is their D-Day...may i know what price you plan to enter?
Dunknow - Ifcamsc should hold above 52. Matrixcool mentioned that this level was previous high and now turned support. You can see from his latest update on Ifcamsc. So this level should be good entry point, I think. May not even see this price but maybe if wait until T+4, maybe can. My views only. Do not take it seriously, ok?
Inwest88 - remember that day when Rchi told you about Lysaght? I entered at 3.63 and cleared at 3.86. It was so fast and luckily cleared because it dropped to almost the level I bought. Thanks to Rchi but dont know how to convey my message to him.
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 .