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Tuesday, December 12, 2017

Post #4000 : Trading while travelling


Greeting from Sipilok Resort ... went to river-cruise Sg. Kinabatangan.


Taken many pictures ... cloud @ Kinabatangan river around 6pm.

While travelling , I took few trades!!


Inari : Bought Inari-wb at 2.39 while at airport befoe closing last Friday ... and sold 2.44 and 2.48 yesterday morning. Today, it went higher to RM2.50 level. Well, can see my buying Friday the 'why' and sold yesterday ... the 'why'.

But I missed IQgroup rebound ... so well, actually.


Masteel : Bought yesterday morning ... collected 1.33-1.35 level, and sold 1.39 today opening. I could not watch as I was travelling into interior of Kinabatangan, a small orang-sungai at Kg Bilit.

Well ... it went higher as before market closed, I grabbed back some at RM1.42 ... to sell tmr RM1.48 level.


Sime : This is not so well ... queued to buy 2.15, 2.12 and 2.10 ... all done yesterday and closed at RM2.12. Well, wanted to sell around RM2.20 level but today no momentum to swing, so ... I sold off at RM2.12- RM2.13 instead.

Simeprop trading above RM1.40 now, I bought last week around RM1.10 level but sold her off last Friday before flying. Missed another good trade there.


SKPres : Traded well ... bought yesterday RM2.17 when it breakout ... and managed to sell at RM2.25 ... today, a black-candle for me to buyback.

Still on the move in Sandakan tmr before flying back to KK tmr night. So, need to buy into those not so volatile and bottoming stocks.

As I m travelling without 'line' most of the days, I will have to use the charts in my head and use Maybank-apps to trade (key-in buy-sell).

Well, at least the profits would be able to cover my Sandakan trip!!

The life of a trader ... stocks always on our mind.

Note : closed my long FKLI and to gain extra RM300 today!! Great.

No e-meeting for a week or so as I will be up Mt Kinabalu this weekend ... and flying back next week.

Oh yes, I will only plan for a trading workshop in Jan (1st or 2nd weekend). Glad I do have few response. Yes, learn from a trader ... not a trainer. contact me at cpteh@yahoo.com . Can join my stock watch to check on all the stocks I m trading in daily basis. All the trades above given 'live'.

Till then, signing off from Sipilok.

TEH



Monday, December 11, 2017

Breakout : SKPres




SKPres is breaking out of RM2.15 .. so, I bought into her and now RM2.23. BUY.

TEH

Stock Alert : Ekovest




Ekovest : Alert that it is breaking 91cents, at 89.5 cents now.

I would check later (closing time).

TEH

Greeting from Sandakan



Good Morning from Sandakan.


A scene to appreciate ... taken from my hotel-room, nice.


KLCI well-support at the moment, past two weeks.

I m away for a week ... so, cant be watching much.

Have a nice week ahead.

TEH

Saturday, December 09, 2017

Hello from KK


Morning ... as I m free this morning, I went to TgAru ... took pictures of the beach and waves ... and moz kissed me. Walked for a while ... and took grab to Imago.

Insert photo : tg aru

As I m blogging using my iPad, I still do not know how to post pictures or charts. Hmm ...

Insert photo : imago xmas deco

at  Upperstar  here ... I do not see Upperstar in KL, so I rest here ... having Tenom Coffee.

Kota Kinabalu is the place I love to stay ... but the cost of living here is not cheap and besides salary here is lower than in KL. Even the tuition rate is more than half of those I m teaching at Subang Jaya. so... as my kids still small, I will still need to support them ...perhaps for another 5-8 years before I could retire ... and travel whole Malaysia. My retirement plan ... actually.

Sandakan trip : will be moving to Sandakan early in the morning tmr ... and will stay for 2-3 nights, travelling to Kinabatangan. anyone to meet in Sandakan, let me know.


Ok ... still not used to blog using iPad and no freedom to surf net etc

Have a nice weekend.

Note :  CharlesT and critics, ... you all have a nice weekend too. I will reply to your messages in a blog post. to let you to know more of me la.

TEH

Friday, December 08, 2017

Meeting at Kota Kinabalu




I will be flying off today to Kota Kinabalu and 'free' to meet any friends or readers tmr (saturday : anytime).

Please make arrangement with me if one wish to meet. Thanks.

tel : 012 821 0129

TEH


Thursday, December 07, 2017

e-meeting : Importance of cutloss - Sapnrg



Attention : CharlesT .... you are invited to my e-meeting tonight as I will be talking about the importance of cut-loss and yes, replying to some of your comments. I know you are reading these rubbish.

If you can't make it, do get a proxy.

If you really could not make it(tho I have invited you few times, cordially ... c'mon), I will invite again.

By the way, I m using this blog again ... as I m comfortable here.

e-meeting : Sapura Energy

Thu, Dec 7, 2017 10:00 PM - 11:15 PM +08


Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/113213557

TEH


 

New low : Sapnrg (ex-SKPetrol)




Sapnrg : Hitting low RM1.19 today ... used to be index-linked ... a blue-chip and giant.

Well ... Sapuracrest + Kencana ... = SKPetrol ... then Kencana wants out. Now ... being abandoned by investors. Do not catch ... will report again if below RM1.

TEH

Selldown : LionInd


Good morning to the 7 - 0 victory vs Spartak Moscow ... great.




The myths I was trying to share were : Low PE is a BUY and Low RISK trading.

Too many of times we read that 'low PE' .... cheap valuation ... average it down and buy more.

And during market-talk (previews), they will tell us trading is LOW risk (high reward) using their trading system/software. Hmm ... talking about sales gimmicks.

Anyway, generally whatever we were told ... there are stories behind them. Do not believe in many things we heard on the surface ... look it out, backtest and check it ourselves. We are definitely 'smarter' than that, right?


LionInd : broken RM1.30 level ... when it gapped down after QR ... that was a sell point. Once broken RM1.30, alerted to the group again ... so, now, I will see if could buy(to trade) in today.

So ... still taking day-trading : profit from Masteel, Penta ...yesterday BJCorp, SimeProp profited but cut-loss Penta as I taken it back.

Today? We shall focus for profit again ...

TEH

Wednesday, December 06, 2017

e-meeting : Trading Myths (2)



e-meeting : Trading Myths (2)

Wed, Dec 6, 2017 10:00 PM - 11:30 PM +08

 

Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/838173997


See what MYTHS I want to share my opinions on ... hmm ... one FA myth and one TA myth.

Join me then.

TEH

 



 

Tuesday, December 05, 2017

e-meeting : Waterfalls



Steel is melting : SELL?

Tue, Dec 5, 2017 10:00 PM - 11:00 PM +08
 

Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/820479557

 

Ekovest : resistance RM1 ... moving lower. Cant help those STILL holding to it.


Malakof : Closed at 90cents, historical low ... cut-loss point was beloow 97cents. DO not catch ... yet.


PWroot : See if RM1.75 supported ... traded twice, once profit .. then bought back but have to cut-loss as RM2 broken. Today ... RM1.84.

Ok ... need t check on STEEL later.

TEH

e-meeting : STEEL



Steel is melting : SELL?

Tue, Dec 5, 2017 10:00 PM - 11:00 PM +08

 
Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/820479557

Tonight talk about STEEL ... will check on the charts later.

TEH

 


 

e-meeting : 12noon ... why selling is important

mid-day check on KLSE

Tue, Dec 5, 2017 12:10 PM - 1:10 PM +08

Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/486955605

Next year, I will do such clips for my members only. Today, invite those 'public' to join. Anyone interested to join my 'stock-watch' group,

do contact me : cpteh@yahoo.com or

watsapp 012-8210129


TEH


 

A skill to learn : SELL



Morning ... market sentiment is not improving tho we witnessed new high in DOW last night.
 
DOW closed 24, 290 level.
 
 
 
It is frustrating to see most markets at high but we are the worst performing market around. Haha ... Malaysia-boleh sytle ... the above chart showin KLCI is trading below 200MA, which generally taken as a longer term trend line ... we are in DOWNTREND and not expecting sentiment to improve any time sooner ...
 
anyway, we SHOULD focus in our own stocks : if it break support, SELL and GET OUT. This is my 1st pointer .... CAPITAL PRESERVATION, for survival purposes.
 
 

Example : many retailers love DUFU ... from the penny to RM1.50 level plus ... fantastic uptrend ... BUY the trend is OVER, I alerted all in my group to exit if it break RM1.27 level ... as some of them might still holding to it. Today ... it hit RM1.10, what a selldown.

Well ... going into 2018, we shall see MORE selldowns ...and I would be very busy showing waterfalls and trying to have more e-meetin ... on CUT LOSS. It is necessary to SELL.


Masteel : It gap up ... I sold on the day it gap up(1.50 level) ... it formed a shooting-star, and STILL went up higher the next day. We have to let it go once it satisfied out trading profit, and alerted all to sell when it started to break RM1.50 days later ... today, at 1.34 ... going back to my entry level soon.

No take profit during shooting-star showing greedy-ness ... those BOUGHT INTO GAP UP,  market is NOT for you. Learn simple technical (no need to pay thousands for those trading-courses or software ... get real) ... from some books or articles ... or join my trading group to ASK questions live ... I'd show all my trades live, ya.

It is not difficult to learn basic technical-analysis ... but we need BRAIN. Brain to be logical and undertsand that charting is just a tool. DO NOT complicate things with many lines, indicators ... crazy waves or retracements lines. Take it from me ... I was there. Haha.

Trading is about MINDSET ... and EXPERIENCES.

Nothing to do with those waves or crossovers that they SOLD to you (you need to come for my "Trading Myth" talk ... haha) ... trading is about PLANNING our trades and calculate our RISK.

Selling is the MOST difficult task .... without knowledge, experience or planning ... we cannot survive such volatile markets.

SELLING is a skill ... sellin WITHOUT emotion is greatest experience a good trader should learn. I m still in my learning curve ... to be a good trader.

Well ... I have to go again.

Will create a new facebook-page for all to 'follow' or 'learn'.

TEH