Thursday, October 23, 2014

Thu 23-Oct

Morning ... lost at home 0 - 3 to Real Madrid. Sigh ... simply outplayed. Putting that aside ... market is opening ...

Work-space ... I have not created my personal workstation for trading. Been floating ... moving around, even to café/pastry shop ... so, it is time to get a little serious and discipline. Will create two work-space ... one at home and another at office. It is a MUST if I am going to take trading seriously. Yes, I am willing to spend money on these ... to improve my knowledge, to improve my working environment improve my trading. Tools ... something I have been not using fully to my advantage ... forums, something I have abandoned, which I should spend little time to read to learn from there(bear in mind, forums are noisy places ... we need to know how to filter).

Then ... activating my is another possibility ... to record my trades(good and bad) and I will create a member-only section where only my stock-watch members able to access to my trades. Time to get busy .. getting these ready ... for another year 2015. i believe I will be doing better as years passed ... as I more aware of what is needed, and what is not.

ok ... will continue here ... will blog the way I was ... where I edit regularly "live" ... those reading from i3 will NOT be able to see any updates(you may read direct from my blog rather than i3, ya.

Time to go ... 8.45am ... FKLI opening ...

HWGB : New low ... want to rant about it later. haha

9.55am : KLCI up 8points at the moment. Taken profits from my recent long at 1801.

Armada : Sold again at RM1.50, will buyback RM1.47 ... or else it might break 1.50 today?

Hapseng-wa : Q to sell 2.52 this morning, done. It hit 2.55 as mommy hitting new high. Take a look at Hapseng chart which I shared in my group

Got to go .. tuition class 10am.

12 noon : Done with class ... hungry. Time for lunch soon.

Workspace : I m creating my own workspace ... this is office.

Armada ... sold 1.50 and 1.54 ... been collecting at 1.40 level. Since it has broken 1.54, I bought back some at 1.56-1.57 ... closing for lunch at RM1.60 now. Check later...

2.30pm : Back home ... had home-cooked lunch by wife. Nice. Now, waiting for second half ...

My position I created not good for workspace. So, will rearrange it so that it is NOT facing a wall, but with strong wall behind the back.

Alam : Going to see I could take the trade today


Wednesday, October 22, 2014

21 Ways to Achieve Wealth and Success

October 17, 2014

In his book, Rich Habits -- The Daily Success Habits of Wealthy Individuals, Tom Corley outlines several habits that distinguish the wealthy from the non-wealthy.

It got me to think, How many people operate on autopilot and don’t stop to monitor their everyday patterns? Below I've summarized 19 of his habits for success (nine culled from his book and the next 10 from his recent article in Success) plus two of my own. If you're not actively engaged in these 21 things, you are, in effect, leaving money on the table.

1. Setting good daily habits. Good habits are the foundation of wealth building. The difference between successful and unsuccessful people lies in their daily habits. Simply put, successful people have many good habits and few bad ones. If you understand that your bad habits may be preventing you from becoming wealthy, that realization will be the first step in your improving your circumstances.

In his book, Corley invites you to take out a sheet of paper and list your bad habits in one column and then invert each one to place under a new column for good habits.

Then for 30 days, follow the guidance of your new good habits list. You’ll be amazed at how much you can accomplish.

TEH : Ok ... will be listing out my bad habits, which might affect my effectiveness as a trader. For example, need to sleep early and wake up early before market opens. Or I need to exercise ... keeping myself fit is very important. I have not been cycling for 1 month plus ... excuses given was my red-eye ... so, hit the track again more consistently. Distractions is another thing I need to control ... to keep focus. Many little bad habits I do have ... and deterring myself to be a BETTER trader. Yes, I need to do anything possible to give myself the edge ...

2. Regularly creating goals. Successful people are goal driven. They create goals all the time. They plan their day the night before with to-do lists.

People who are headed for success think for the long term. They have daily, weekly, monthly and yearly goals. But what’s a goal without a plan to reach them? So not only do successful people have goals, they also come up with ways to achieve them and hold themselves accountable.

TEH : I do need to re-fine my trading goals ... and have a to-do-list planned the night before my trading day. I do need to get into this habit, if I am to trade well. Nothing comes easy ... so, I need to be consistently checking on my trading goals ... yes, planning is everything in trading. Planning on how to improve and to trade well ... planning on the progress and check-list on achievements. It is a marathon ... which majority retailers will not understand. Most of them wanting a quick profit(who don't ?)

3. Engaging in self-improvement daily. Successful people are always looking for ways to improve themselves. They read every day and are students of their profession. They don’t spend their time on activities that don't bring them closer to their goals.

I recently attended an event hosted by author Brendon Burchard, who said he consistently blocks out time to create. Successful people like Burchard know that time is too valuable a commodity to waste. They spend their time on the things that will move the needle for them in their business: Being committed to self-improvement means you engage in activities every day that will stretch you.

Seek ways to expand your knowledge. This won’t always be easy, but people grow from things that pose a challenge. Once your knowledge grows, opportunities appear.

TEH : This is my daily activity ... I will get myself motivated, staying positive ... read anything related to trading, spending time to increase my knowledge about trading, understanding that it takes time to connect the bits-n-bits ... the more I know about instruments and how it works, I am opening more opportunities for me to explore ... it takes time. And ... lots of determination.

I have spent hours and more hours ... listening to clips related to trading. It excites me much more than any movies ... and I have to force myself to move-out ... and watch some movies. It is a force ... and it is not easy for me to sit there 2hours watching Transformer or Pacific Rim?

I could sit here for hours ... commenting on each of the habits shared here. But, I will prefer to listen to the list .... and check on which one I am lagging behind. Yes, I was to be successful trader. I want to be independent. It is very challenging and I simply enjoy that.

Time for me to check on my trading plans ...



Trading for living

Episode 1

Episode 2

Do listen to these simple clips for few times before thinking of trading for living. It is definitely not for everyone.

This weekend I will have my short trading workshop and could share with those registered on how I trade and some basic knowledge needed if we are to trade ...for ourselves.


Tuesday, October 21, 2014

Put Warrants of KLCI

Recently ... as KLCI diving down, many ''promoters'' taking the opportunity to talk about the put-warrants. This is an un-known instrument to most retailers. Heck ... it is a gambling instrument for us to buy into it.

Many may have heard of call-warrants(and get burnt in it too ... and lost ALL when it expired with premium .. don't worry, it is rarely that a call-warrants will expire at a discount(in-money)) ... and it you don't know that these are NOT companies' warrants, then you should NOT touch them at all. It is issued by local broker houses, to earn money. Yes, when we trade ... win or lose, the IBs earning money. They are the one laughing ... as we all trade. Sigh ... I might as well be remisier or dealer myself, or own the bank rather than trade. Sure win biz ... haha.

Ok .... here I m going to show some of the hot put-warrants of KLCI. It is tracking KLCI and if you think KLCI will go lower, you will BET on these put-warrants.

KLCI-hb : Issued by CIMB in July ... with 1 year tenure ... so, expiring next July. Issued at 15cents(standard for structured warrants). Low at 8cents (when market bullish) and high at 19 cents(last thu when KLCI dived).

IF KLCI successfully rebound, this put-warrants will be dive.

So, could we use it to hedge? Probably ... but, I do not understand the mechanism. So, I will avoid.

If we need to hedge or trade the index, one could consider FKLI too. Yes, we may long or short the index. I am still learning more about it ... but, it is definitely not for majority retailers. We need to be strong technically and able to make decision rationally, which most of us retailers fail badly. It is a big-boys game ... when index being pressed down ... and pulling them up!!

 Anyway ... just avoid the ha, hb, hc and so on ... those are put-warrants.

Time for lunch ... and more classes.


Monday, October 20, 2014

Post # 2918

It is Monday now ... what a dramatic ending, with LUCK ... they beat AirAsia. Saw Tony just now when QPR equalized in last minute.

RHB's talk : It was a last minute change .. instead of attending the talk at RHB, I went to Bursa instead. Well, it turned out that the talk at Bursa was similar to the one I attended last Saturday at Taylors.

You can see that more seniors than young ones ...

Nothing much ... except stating that the current KLCI could go higher and the target 1940 still maintained.

So, recent selldown is seen as opportunity to BUY.

Top pick by Jack : SHL

SHL : Support at RM3.14.

Will want to post more of the slides which I have taken. Perhaps during the deepavali off-day.



Sunday, October 19, 2014

王力宏 - Can You Feel My World




Can You Feel My World
Can You Take My Hands

Can You Feel My World




Rap:I keep on comin' back for more yo
跑不掉 逃不了

一直率 一直撑着我再一次祷告

Can You Feel My World
Can You Take My Hands

Can You Feel My World
并不想讨好 你才觉得我重要

Ni zhi xi huan wo wei xiao
Ni jue ding wo de xu yao
Wo yao ze me shuo cai hao
Wo bu shi wei ni zhi zao

Kai xin xiang shi ni zao
La zhu wo wan xia tiao
Ai shi piao liang kou hao
Tou kuo ni de shi jiao
Ni ba wo de xi hao
Shui bian shan diao
Bian chen ni yao de diao tiao

Ni wei wo hao
Wo zhi dao wo dou zhi dao
Wo de fan nao wo de jiao ao
Ni que bu ming liao

Zhen yang ai ni cai hao
Bi jing hei bao xu yao zi you ben bao ..
(bu neng man zu yu yong bao)

 (i keep comin back for more)
Can you feel my world
Zhen shi de wo mei ban fa wei Zhao
Can you take my hands
Zhen chen ni hui gan jue dao

Can you feel my world
Zhen shi de wo mei ban fa wei zhao
Bin bu xiang tao hao
Ni cai jue de wo zhong yao(wo yi dian dou bu zhong yao)

Ni zhi yao wo you li mao
Qi ta jia zhuang gan bu dao
Wo yao ze me shuo cai hao
Tang wo de qing xu di chao

Rap- I keep on coming back for more yo
Ri ri ye ye wo bi zhe shuang yan qi dao
Wei she me zhi you wo de ying yue neng ko rang wo yi kao
Wo zhi dao wo de shi jie yi jing bian de yue lai yue xiao
Bao bu tiao tao bu liao
Zhe me mian dai zhe wei xiao

Zhe me mian dui zhe ni cai hao
Zhe me yan lei dou zai tiao
Zhe me zhui du zhe hao yan su
Zhe bu shi ku zhe jiu hao
She me xuan lu zai wo de nao dai yi zhi zhuan yi zhi rao
Yi zhi li yi zhi cheng ze wo
Zai yi ci dao gao
Bang zhu wo

Note : First time listen to this song ... attracted ... this is MY taste of songs. I will be listening to this song for few weeks till I know how to sing the whole song. It is not easy as I do not read Chinese ... and the rapping part ... will enjoy.

This is how I do things ... tho difficult, I will enjoy the struggle and ... reap the rewards. One day, I will sing this song ... like I know the song so well, and many even thought I am Chinese-ed ... and young? Haha.


Saturday, October 18, 2014

Stock Watch : BJCorp

AJ : Someone, AJ, asked me about this stock. Since I just bought it(again), then ... ok. Please do not ask me about your stocks. Normally, I wont reply as I m in no position to give any opinions on buy-sell. Please ask your brokers/dealers or whoever asked you to buy BJCorp what you should do ... buying at above 55cents.

BJCorp : I have given this chart to my stock-watch group on Wednesday when I saw the bearish candle, heading to strong support. BUY call was at 46-47 cents, with cut-loss if below 45cents. The low was 45.5cent.

Some managed to grab at 46-47 ... and now closed at 48. Hammer formed at support. Nice.

Why BJCorp? On 26th and 29th Sept, some one pushed the price up and MANY retailers jumped in. Well, it is being promoted by someone in forums. So, those newbies and greedy retailers might possible to jump in on those two days, believing in the stories. Now, technically it was a STRONG SELL at 60cents resistance ... if you do not even know that, trading is NOT for you. Also, if you do not know this is VT's counter ... then, you should NOT be in market at all(just being honest).

If you do not know that forums are for people to promote stocks(for THEIR benefits), then ... you must be naïve or simply too greedy. No one should be blamed. Please do not blame the ''promoters'', your remisiers/dealers ... please be mature and not to blame VT, ok? We are the person who click the triggering point(buy or sell). Please do not blame us, blogger ... I am just answering someone who asked me as he is stuck at 55cents. As he asked me nicely, I m trying to reply here without being sound ''offensive''. Try to learn the lesson ... learn the way how stocks move ... how forums is being used to push(up and down) stocks ... or some bloggers writing about some ''under valued" counters. Please learn to take responsibilities, ok?

Trading stocks is only for mature people. It is a serious business where it is involving MONEY. Please do not be emotional due to losing in stock-markets as you are just the 80% around. If you are still in forums reading what stocks to buy, believe me ... you need to re-read my Jesse Livermore's latest post ... yes, without learning ... no way you could sustain for long. Don't worry, with the current correction, many retailers stuck and get burnt. Some margin-calls triggered ... the mood so down when I went to RHB's talk this morning.

I do wonder ... why buy BJCorp without any understanding of fundamentals or technical? Stock market is NOT for lazy people to earn easy money. BE HONEST to yourself. Hanging in forums will have more bad influence than good. To USE forums, I just need to go to check on the noises. Seriously, before I bought Inari ... I checked on the fear level in forums. Forums full with newbies, novices and retailers. So ... they will express their emotion (huat ar ... or die-la) and I used it to my advantage. I do the opposite ...

That explained too why I could escape the current sharp correction by selling 2-3 weeks ago, asking my trading group to sell ahead of the disaster. This week I asked them to buy(good stocks only). Yes, sai=lang ... bought back much on Thu and Fri. Imagine ... without selling, cut-loss ... do I have the funds to be so greedy and buy-buy-buy ... while saying bye-bye-bye 2 weeks ago?

I don't know if anyone going to buy BJCorp on Monday. I do know that I am a trader, and will sell her at resistance around 54 cents.

By the way, I do buy BJToto at cheap sales now. That you could consider as it gives good dividend Not BJCorp, the mother ... ok?

Disclaimer : this is not a buy or sell call.

Add yourself in :

Time for dinner ...


Friday, October 17, 2014

RHBs post-budget talk

Top picks by RHB
Trading Gallery, RHB Centre, Jalan Tun Razak, Kuala Lumpur

Time: 9:00AM to 1:00PM

Topic: In what direction will the stock market go with the 2015 budget?


9.00AM • More Trades. More Rewards.
9.20AM • EPF-SPA.
10.00AM • Tea Break.
10.30AM • Post Budget Economic Outlook.
11.15AM • Post Budget Sectoral Update Stock Pick.
12.00PM •Trading and Hedging in Futures Market.
12.45PM • Lucky Draw.
1:00PM • End.


Mr. Eric Lee Kuan Eu – Deputy Director of Regional E-Broking
Mr. Alan Lau Kwan Ngai – Senior Manager of Retail Broking
Mr. Peck Boon Soon – Head of Economics
Mr. Alexander Chia Hock Lon – Head of Research
Ms. Jillian Lau – Senior Executive of Regional Futures Commodities

Contact Mr Wan Amirul at 03-9280 2337 / Ms. Ranie at 03 – 9280 2705 or email to for more information.

Register your seat online:

 I am going to another talk tmr morning but need to leave before 12noon as I do have class at 1pm. See if I could know few traders there and listen to their opinions.

Will be updating the talk in my facebook group :

Nice trading day today!! Going for nice dinner.


Stock Watch : Caring

The company is good ... people working there are good people. They do care.

But, unfortunately ... the stock going into new low.

The IPO price was RM1.25. Par 1.00.

Broken RM1.60 level, now is freefall to new low ... trading at RM1.53. Those holding the IPO at RM1.25 might be taking profit now.

But, those who have bought at much higher level, say RM2 ... need to wait to see RM1.25?

Caring : Been watching since listing.

Will wait for RM1.25


GST stocks in play?

Censof : Do I need to introduce her? Every retailers knew about her ... interesting killing yesterday, now up a bit to 50cents ... anyone CHASED at 60cents above due to the GST? And listening to promoters in forum about how good Censof is? I don't know ... what I do know, logically ... if we like her at 60cents, we will love her at 50cents today. And it it goes to 40cents, it is too good to be true .... and we put all money in there? So, do decide ... why do you buy at 60cents? WHY? That requires THINKING .. to think, we need brain-cells .. not those greed=fear emotion. Emotion is our weaknesses ... admit it or not. The earlier we recognize that and focus in mindset, emotion control ... the better we could be. But to do that, it needs NON-normal mindset ... and lots of work.

Ifca : A GST play ... or our we being played out? If the neck being cut at 37cents, we shall be look at 28cent. If we like her at high level of 50 cents just days ago(thanks to the hype of budget-GST and many blowing pipes in forums), then at 28cents will be deemed as cheap? I didn't check the fundamental part, as I didn't participate in recent GST stocks in play. Will check on her again ... if 37cents support broken.

YGL : Playing on hot-news of GST .. promoted in many forums ... so, what is up? Dived from 30cents ... and support 21 cents. Need to hope market sentiment to recover, and yeah ... they might goreng her again ... just hope the descending triangle wont be formed. Breaking 21cents is cut-loss. If one could not exercise cut-loss, then ... be a long term investor, and see if GST news will be in play again and again ... next year?

I do not check on others.

By the way, buying Inari yesterday RM2.05 was good, right? Hmm ... now is RM2.25. Think risk-reward.

Need to go for some sundry-shopping ... off