Thursday, February 22, 2018
CMMT : weekly chart ...hitting support. See if will form a hammer tmr.
CMMT : I bought today ... so, buy at your own risk. As I m a trader, I do not care what being said or argued ... I just want to profit from the trade. And by the time they argue-argue, I m out.
FPGroup : Reversal too ... I asked the group to buy two days ago la.
Well ... this Saturday workshop will share how to buy into CMMT and FPGroup, both buy-call shared 'live' in my trading-group.
To join my trading-group or trading workshop, contact me : email@example.com or 012-821 0129
Note : I took CMMT and didn't take FPGroup but glad some members bought FPGroup.
DOW minus another 167 points after minus 254 points the day before. But, there boleh-land's KLCI staying still. They said it is due to election-rally.
DOW futures minus 150 now. Don't know how we can stand so strong. MYR strong? Malaysia-boleh?
Market has been wild ... many stocks swing up-down. So, it is a trader's market ... but we need to be experienced enough to trade such volatile markets.
AirAsia : Breaking new high again ... the under-valued company, according to CEO Tony. But on breakout and hold ... uptrend in-tact.
With me sold off all ... yesterday was my last day selling ... sitting around doing nothing will waiting for durian to fall.
Have a trading week.
Wednesday, February 21, 2018
Invest in REITS?
Wed, Feb 21, 2018 10:45 PM - 11:45 PM
Please join my meeting from your computer, tablet or smartphone.
I m still interested to talk about REITS.
There is always two sides of the stories ... but, again ... I m only interested if I could profit from the trades.
DOW : daily chart ...hitting 20MA resistance and with a shooting star last Friday.
Morning to DOW minus 250 points. These days, plus or minus 250 is 'nothing' much ... volatilities has increased substantially ... we will only get excited with 500 points in DOW or 10points in KLCI.
Selling : I have sold most of the stocks I bought before CNY's break on Monday and yesterday too. So, back to cash position ... to wait for sell-down. Post-CNY sales coming?
Election : The rumuor saying election should be in Mac/Apr ... so, the fear of 2008 Mac dived after the election is real ... exactly 10 years ago, I was there ... a newbie and naïve ... holding to 3 stocks and it gapped down after the election result back then.
Well ... after 10 years in market, I m no longer a newbie ... not that naïve anymore. I m more aware of events and taking risk-management measurements ...
So ... what would I do?
To teach newbies ... and share my experiences after some 10 years in market, in daily basis for 6- 8 hours per day, learning.
cohort-28 : This Saturday, I will conduct a basic charting workshop for newbie traders. Being a real trader myself, I should know what to teach them ... and wat is not. Those interested, do contact me at 012-821 0129 for details. I only had two workshops last year ... and if market is to crash, that would be the great time to conduct more frequent. Hey ... I m still charging less than RM1k leh. haha.
Alright ... time to go exercise as KLCI no selldown, minus 2points only, well-supported as they are predicting an election-rally ... gogogo.
Tuesday, February 20, 2018
This Saturday I will be conducting a trading-workshop (a full day) : 24th Feb.
To know the details, contact me at firstname.lastname@example.org or message me at 012-821 0129.
It is a basic-charting with 'live' trading to learn ... as I trade.
PavReit : I was asking a simple question ... why PavReit down sharply?
From RM1.72 (Sept 17) to current RM1.40 ... it is really due to the OPR? Isnt it over-done?
So ...next question : Is Pavreit a buying opportunity? So, I tried to answer that during last night's e-meeting.
Note : I have exited REITS some 2yrs plus ago as I m seeing it as high-risk ...oversupply of shopping-malls.
Monday, February 19, 2018
Good morning ... CNY day #4 ... back to work-time for many.
8.20 am : Janda Baik
There are so-so many waterfalls ... and I believe MANY retailers stuck up there, do not know what to do with that. I have tried to 'promote' cut-loss for 2 years plus in this blog and conducted many 'cut-loss' e-meetings.
At times, I do realize that we could not help them ... the newbies, the stubborn old-veterans, those fundamentalist-kaki (low price = cheaper = average down), those retailers who do not wish to face reality of losing in trades
Let's take Hevea as an example ... where I have mentioned for 2-3 years now that the whole furniture-sector was over ... well, Hevea actually retraced from Jan2016 from 1.50 level to RM1 level before done a stunning recovery to new high to RM1.70 level ... wow. But ... from there, the double-top formed, broken the neckline ... and down since then. We are at 88.5cents now ...
Note : Generally, we avoid the whole down-trending sector ... such as the furniture-gang.
Evergreen : It is clear ... from the weekly chart, it is downtrending, right? At 50cents level now ...
Magni (weekly) : still moving lower ... and broken RM4.30 level. Next to check at RM3.60 level.
Ok ... learn to sell and cut-loss ... do not average down. Averaging down is a loser's game, not admitting wrong (no thanks to those value-investing kakis)
Sunday, February 18, 2018
Saturday, February 17, 2018
e-meeting : FLBHD
Sat, Feb 17, 2018 10:30 PM - 11:30 PM +08
Please join my meeting from your computer, tablet or smartphone.
go to the link : https://www.facebook.com/tratles/
for the e-meeting id
I have spent 1-2 hours to read about FLBHD from i3 and BursaMalaysia. Then ... went to their website to check on QR/AR.
Good to check on this so-called under-valued stock since it is listed AGAIN (as under-valued) by FocusM under top40 under-valued stocks!!
So, tonight ... focus on the sector ... and focus on the lumber.
Hevea : monthly chart ... it has been down from the peak (RM1.74) to current 88.5 cents. Well ... for monthly chart, we shall wait till end-Feb to see the complete candle. All my charts are adjusted.
Jan-2015, it was at 37cents ... before it rallied in 2015 ... the furniture-export theme play. In 2015, I was trading almost all the furniture-counters ... Hevea and Hevea-wb is one of them.
When the trend is over, lower could go lower ... and yes, the theme-play was over in Dec-2015 when I exited the whole sector.
Just checked the historical chart back in 2005 Jan ... it was at high RM2.30 ... crashed to 5cents level(adjusted) .... and rallied in 2015 for 10-bagger!!
Well ... two pointers I have been sharing ... DO NOT GET STUCK UP THERE as we needs the bullets to BUY DURING CRASH
Latitude monthly chart ... at RM4 now, we shall check when it is below RM3.
FLBhd : monthly chart ... showing downtrending, right?
Remember ... I was out of the whole sector in Dec-2015 ... do not fall in love with the stocks or sector, ok? Market NOT crash yet ... u see.
Have a nice CNY now ...
Friday, February 16, 2018
Happy Chinese New Year
An e-meeting to update on the list of these under-valued 40, after the selldown. It should be cheaper now? Let us check ...
e-meeting : 10.30 pm to 11.30pm
link : go to https://www.facebook.com/tratles/
see you in my webinar.