Friday, April 29, 2016

Oversold stocks : BAT and such


BAT : http://www.tratles.net/2016/04/29/stock-watch-bat/


I didn't watch the movie ... as I seldom watch movie. Also ... I seldom watch BAT 。。。but yesterday a LONG black candle excite me. Go to the above link(to activate my dormant site. haha)

Oversold : RSI below 30

1. BAT : RSI at 22.2

2. Axiata : RSI at 29.1

3. Digi : RSI at 18.3

4. Maxis : RSI at 22.0

5. SKPetrol : RSI at 28.8

KLCI's RSI at 33 ... still above 30 as of yesterday. Today, dropping 10points (DOW down 200plus points) ... RSI should be slightly below 30?

Will like to have an e-meeting (I m only noisy during market selldown. haha) ... planning tonight 10.30pm? Will like to check on my index-linked again ...

go to : https://www.facebook.com/tratles/ for the update on the link.

Time to get excited and BUY.

TEH

Thursday, April 28, 2016

13 habits of the self-made millionaire


13 habits of self-made millionaire, from a man who spent 5 years studying rich people

by Kathleen Elkins

Mac 18, 2016

All self-made millionaires had to start somewhere.

TEH : I have started ... failed many times, de-railed, swayed ... mistakes ... and moving on again. Start somewhere ... yes. Just start. If you have good idea to share with me or sharing opinions with me ... I will be glad to meet for coffee/dinner-date. Concrete idea ... stimulating conversation excites me!! Let's start ... somewhere ... and I am opening myself to be 'dated'.  
Much of their transformation from ordinary to seven-figure status can attributed to “rich habits,” a term coined by Thomas C. Corley, who spent five years researching the daily habits of 177 self-made millionaires.

TEH : Time to read these 13 rich-habits and re-channel my focus into them.
“From my research, I discovered that daily habits dictate how successful or unsuccessful you will be in life,” he writes in his upcoming book “Change Your Habits, Change Your Life.” “There is a cause and effect associated with habits. Habits are the cause of wealth, poverty, happiness, sadness, stress, good relationships, bad relationships, good health, or bad health.”
 TEH : Time to acquire the habits ... and change my bad-habits!!

The good news is all habits can be changed, Corley notes. Here are a few “rich habits” of self-made millionaires that you can start developing today:
 
1. They read consistently
 
2. They exercise
 
3. They hang out with other successful people
4. They pursue their own goals
 
5. They get up early
 
6. They have multiple sources of income
7. They find and check in with mentors
8. They’re positive
 
9. They don’t follow the herd

10. They have good etiquette

11. They help others succeed

12. They dedicate 15 to 30 minutes a day to just thinking
13. They seek feedback

Print it out ... and stick on the wall.

TEH
 


Wednesday, April 27, 2016

Updating HK-links



Hong Kong (HSI)

http://www.hkex.com.hk/eng/index.htm

http://www.aastocks.com/en/Default.aspx

http://www.finet.hk/mainsite/indices/Dynamic/

http://www.bochk.com/en/investment/securities/infostock.html

http://www.irasia.com/

http://www.quamnet.com/


It has been a long while since I updated my links ... on the side on my blog. I am checking the links, making sure it is still valid. Yes ... all the above links still valid and running. One may get loads of information about stocks trading in HKSE and more.

I like the bochk (Bank of China, HK) site the most as I do still use it to check fundamentals of those companies trading in HKSE.

go to http://cpteh.blogspot.my/


On the right hand side of my blog, there are LINKS. The above links used to be my frequent checks on my HKSE's trades .. but last year, I got burnt when market in China crashing down. ouch.

When market crash again ... I will move back to HKSE as that is where the value is ... many blue-chips are trading at single digit PER ... and they are huge companies. WAIT for the market to crash!!

I will be updating more on the links ... adding new ones and also work on my out-dated widgets.

Bear with me ... as I m renovating my 'home'.

TEH

Others pain, our gain?


Morning ... waking up after seeing KLCI dived 20points yesterday ... thanks to bad-news from 1MDB.

KLCI chart showing divergence with 1725 resistance level in tact. From Jan-Feb ... it rebounded to hit this resistance level a few times ... but failed breakout.


KLCI finally given up the 1700 psycho-support. So ... it is more down-side at the moment and best to stay sideway and wait patiently. Those bought some stocks days away might need to force to cut-loss.

But ... how about Gtronic? The talk in town at the moment with Apple registering not-so-good earning?


GTronic ... making headlines ... and more bad-earning reports out to press the 'darling' of semi-con ... down!! This will be one of the best waterfall (Victoria) seen for months ... the last one I traded was Maxis. Two looong black candles. Will watch for third one today ... three-black-crows ... real black!! But if it is a reversal candle, I will buy.

DO NOT LAUGH AT OTHERS PAIN

I still feel sorry for many retailers who might stuck at higher level. I do not take pleasure on others pain ... and when I see some of them in the telegram/watsapp group active-members 'laughing' haha ... on the stocks many painfully swallowing ... I feel that is very in-humane. I will definitely do not want to be linked to them ... these are bad human...

Personally, I have many times caught in such painful situation ... and as I m more experienced now, and with knowledge of seeing charts ... I have learnt to cut-loss. We should help others ... not on the consoling part ... but to share with them strategies or analysis. We could only advise them ... but it is up to them to make the final decision.

Many have e-mail to me ... talking about their bad experiences or their pain ... I could understand and I m a caring person. I feel the pain too ... reminding myself those experiences ... and everyone of those in markets need to learn.

UMWOG/AAX/Armada/FGV and many more: I do know someone who is still holding at IPO level.

Please do not be cynical to laugh at other people's pain. I do hope we are more empathic ... compassionate ... and caring. The world is not about you winning ... or if others losing, you feel good?

I never laugh at other people's pain. Not in stock-market ... not in real life. Not even when MU lost. It's kinda 'sick' to rub salt to others pain ... and curse them "you deserve it".

I will rather be the person to console ... to help ... to listen.



empathy : the feeling that you understand and share another person's experiences and emotions : the ability to share someone else's feelings

Those wish to have a listening ear to your pain, I could be that person but I will not advise on any of your stocks/portfolio.

I have an e-mail from a person(from Penang) ... he was holding to 10stocks or more, many in paper-loss and many speculative counters!! He came to my short workshop held in Penang in 2014-Sept/Oct ... and now doing very well after joining my stock-watch group ... and trying to follow me in trading FCPO today!!

Seriously ... I feel great ... as he is no longer punt here-there ... as he was totally new in trading, came in during the hype-of-penny-stocks time. Trade ... cut-loss ... take-profit ... based on FA + TA.

You see ... we all do mistakes! We all were newbies ... novices and ignorants too. We bought stocks due to hear-say, sms/watsapp ... reading forums, blogs, media-paper such as Edge, Focus, Star etc etc ... or base on TP given by investment banks!! Our friendly dealers/remisiers ... will recommend us some stocks to buy or apply the IPO.

We have to take responsible on our own trades. NEVER blame on others our losses.

Then ... we move on , learn from mistakes ... and perhaps, becoming wiser.

Hope my message is clear ... it is very BAD of any of us to laugh at others pain. One day ... we will face adversity or in pain too ... one day.

TEH

Tuesday, April 26, 2016

Waterfall : GTronic




This is after the sell-down yesterday. Long black ... closed 17% down. Crazy-ness ... due to some bad-news, sell sell sell .... as the moment, it hit RM3.95 ... rebounding to RM4.10 ... and very active.

I am catching a knife around RM4 now, cut-loss if below RM4 later closing.

Good luck ... trade at own risk. Those caught at RM5 or higher level, I feel sorry.

TEH

Friday, April 22, 2016

Workshop : Basic Financial Intelligence




This Sunday, Andrew Chia will be conducting a workshop about FINANCIAL MINDSET ... at Selayang. I will have my own workshop(trading) at Subang Jaya ... so, I can't make it. Otherwise, I m sure to attend.



Andrew Chia : He is the author of the book "Money Secret"

Those who wish to attend his workshop (or mine) ... sms//watsapp to me at 012-821 0129 for details.

Thanks.

TEH

Wednesday, April 20, 2016

Pullback : BUY RHB's Jewels?


DOW closed slightly above 18,000 level again ... finally but KLCI hit 1727 resistance and pullback yesterday. It didn't help the sentiment for today too.

KLCI down by 4 points at the moment.


KLCI broken the important 20MA yesterday, and we are heading for pull-back. As I have sold most of my counters (some for small losses recently) ... I prefer to be patient to wait for sales.


Saw someone shared this in Facebook (thanks)... and if I have to choose FIVE ... it would be CBIP, Econpile, OKA, SOP and TunePro ... in alphabetical order.

So ... wait for pull-back ... then, BUY. Technical is meant to find an entry point.

Rest day.

Note : Reminder that this SUNDAY is the trading-workshop for those wish to join. contact me at cpteh@yahoo.com

TEH





Monday, April 18, 2016

Mature bull or young bear?

Morning ... it is Monday. Ok ... glad they won their game. But ... this morning news should be ... the OIL diving 5% at the moment.

So ... pointing back to the interesting article by The Star : Is it a mature bull ... or is it a young bear now?


So ... how do we invest in this matured bull-market?

While DOW going for high 18,000 level ... KLCI at 1720 level is still way below the high!!


KLCI ... needing 170points to break into new high? 10%?

Some rebounded so well ... such as AirAsia(sister AAX too) or Maybulk ... but they are still WAY below their respective high. Some still at low level ... Armada just hit 70.5cents or DRB still hanging at RM1 level ... Parkson still below RM1(after one day hu-ha).

Many more stuck at HIGH level ... so many stocks to mention if I need to write a loooong list.

So ... are we in BULL markets or young bear?

One may check few stocks which trading at 52-week high (go to screener and filter for them).

While I do not see any reasons to shout 'crash', an healthy correction is needed as KLCI hitting résistance 1727 again.

I am on the mature-bull side ... not the young-bear side. So ... I m still going to trade ... breakout will be the best strategy but CUTLOSS still #1 policy. Clear for small losses ... out, it is ok to be wrong rather than stuck.

Here are POINTERS shared from the articles (which are conservative and agreeable)

1. INVEST in big caps

2. Stocks with fat gross-margin and cash-flow

3. Diversified revenue

4. Simple businesses

Those speculating on OIL prices, USD-MYR ... emm ... 1MDB ... MRT2 ... Swak election play ... emm ... whatelse ar? Just make sure you are not stuck and know how to CUTLOSS.

Do not follow blindly those blogs, forums, facebook, watsapp, telegram, broker-reports, media(printed such as The Edge, Focus Malaysia, The Star-biz) ... and anyone ...

Trust ourselves!! Learn fundamental-analysis, basic technical-analysis is sufficient.

Then ... be patient to wait. trade .... not invest.

Ok .... time to check on my FCPO. I longed overnight due to hammer formed last Friday.

TEH