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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


Monday, December 04, 2017

PMetal and Nestle in

11.35 am : KLCI minus 8points.



PMetal : Gap up but I failed to sell in opening ... well, bought when it break above RM5 last week. Pmetal would be placed into KLCI components ... known weeks/months ago.



IJM : Diving further as it would be taken out from the KLCI ... well, do not catch as some funds are exiting.


BAT : I have given enough 'warning' to my group not to buy into this so-called blue-chip even since it is downtrending ... well, the news they closing the PJ-factory is not new ... and the "VAPE" biz plus the illegal-cig squeezing their profits. Now ... another bad news is that they would be taken out of our KLCI ... funds selling continue ... I remembered I caught a good trade when it dived ...


BAT : there ... AUG2016 time ... bought all the way down after three black candle. I bought on the fourth black candle ... minus 8% on that day. Very seldom buying into stocks trading above RM20 ... this one was RM40. Today it is going below RM40 ... and I m no longer interested to catch as ... fo technical rebound trade, we need to have conditions on trading.



Well ... we will have Nestle ... RM100 coming. haha.

Sime : Given birth to two babies --- property and plantation. I prefer SimePlantation. No propety counters for me

Time to move again ... want to write about many ex-KLCI such as BJToto, AirAsia, Gamuda, MMCCorp, YTLPower ... and many more. Do you know that Parkson was index-linked previous? Everyone remember MAS or MHB?

Will write when I m free ...

TEH





e-meeting : The Myth (Wed)



Good morning ... had series of e-meeting for past 2 weeks due to BEARISH market. This week will be resting ... and planning one this Wednesday (The Myths :Trading)



When I talked about myth last night, I discovered that I enjoyed myself. haha ... It is a nice talk tho I got carried away a little when talk about human around ... sigh.

e-meeting : Trading Myth (part 2)

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


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

https://global.gotomeeting.com/join/332153357

ok, time to move away

TEH

 


 

Sunday, December 03, 2017

e-meeting : Trading Myths


10pm




join my meeting ... i dont know how to share a link as i m using handphone ... outside.

i even struggled to log-in my own blog to post here.

check when i m home.

9.45pm : home

https://global.gotomeeting.com/join/283988309

TEH

Stock Alert : GE


GE : new low ... while DOW at new high.






I have been tracking GE for 2-3 months now as it is hitting new low ... is it a BUY?

TEH

Saturday, December 02, 2017

Bitcoin in euphoria?



https://www.thestar.com.my/business/business-news/2017/12/02/bitcoin-euphoria/

Suraya Zainudin from ACCESS Blockchain Association Malaysia, a body which supports the application of blockchain technology in industry, gives some good advice.
 
“My advice is not to go into it if firstly, these investors already have other risky investments. Bitcoin is risky and therefore not a suitable addition to such a person’s portfolio. Note also that cryptocurrencies are susceptible to scams - they are unregulated in many parts of the world and there’s not much victims can do to pursue legal action. Finally, one must have a have high level of digital security knowledge. Aside from scams, it is common to hear of cases where people lose their bitcoins due to hacking and phishing incidences, among others,” she says.
 
 
While many saying bitcoin is a bubble, we CAN ride on it ... put the amount that we could afford to LOSE ALL ... and ride on the craziness.
 
I read that we would be able to trade 'bitcoin-futures' very soon, dont know if my platform provide me that opportunities. We could long ... or short it (suggest not to go against the crazy trend now).
 
We shall see how it ends ... USD10,000 or back to ZERO (crash).
 
TEH

Friday, December 01, 2017

e-meeting : The Edge 2nd Dec

The Edge : 2nd Dec 2017

Fri, Dec 1, 2017 10:00 PM - 11:00 PM +08


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

https://global.gotomeeting.com/join/395647061



Stock Watch : Next year onwards, I will have sharing on "the edge" session for members only. It is for trading purposes ... and to trade well.

Be an informed trader. Join me.

TEH


 

Thursday, November 30, 2017

e-meeting : IQGroup



Stock Alert : IQGroup

Thu, Nov 30, 2017 10:15 PM - 11:15 PM +08


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

https://global.gotomeeting.com/join/256008645


Talks continue on

#1 : Gap down : sell

#2 : Waterfall

Tonight talk about "limit down"

TEH

 



 

Welcome : Simeprop and Simeplt




SIME : the property and plantation are born today   .... both at discount.

Buy at own risk.

TEH

Stock Alert : IQGroup (again)




IQGroup : gap down again today ... minus 20% plus and hit RM2.05.

In daily basis, markets will give us these stories and gap-up-down ... and swing. That could kill many who are not experienced and also didn't learn technical-charting, no planning ... and more importantly, need to JUST DO IT.

Will you grab IQGroup at current price?

TEH

Wednesday, November 29, 2017

e-meeting : Waterfalls to avoid




Waterfalls : How to avoid

Wed, Nov 29, 2017 10:15 PM - 11:15 PM +08

 

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

https://global.gotomeeting.com/join/167292293


TEH

 



 

Focus in 2018



12.20 pm : noon ... no classes today (for past 3 days!!) and staying at home, bringing kids to jalan-jalan ... and preparing for my Mt Kinabalu climb mid-Dec. So ... mind set onthe peak but don't know if body will listen ... my 5th time and might be my last.

Sabah Trip : 9th Dec to 19th Dec ... for those wish to meet-up.


The last time I climbed was with my wife ... some 11years ago!! Aghh ... Sabah will be another choice(besides my plan for Penang) for my retirement ... in 3-5 years time?

2018 is near ... got a month to plan what I needed to FOCUS in ... besides my preparation in the market-crash (which eventually many still be stuck).



Toastmaster : I have exited the group this year. And will NOT continue with them, will be deleting myself out of the watsapp and facebook group. thanks for the memory. Great positive group and got to know few friends.



Movies : For past 2years, I tried to revive my 'likes' in watching movies ... I failed. I subscribed to Ifix and Netflix ... and will stop that by end Dec. I simply no longer have the patience to watch the whole movie ... and most movies are so fake/artificial ... without strong profound meaning about LIFE. Guess I have aged ... so, I will quit forcing myself to watch movies

In 2018 ... I have a goal : To be minimalist!!


To do that, it has been 1-2 months since I TRIED to clear many of my items ... including old-valuable-precious items too.


...such as this '30yr old' cologne ...given by my sis. It has been with me tho I have shifted numerous of time ...even travelled to stay in Sabah for 10yrs ... and back. If I could throw it away, I could defnitely throw MANY items away ...

So ... my current focus : papers, books and magz (hundreds of financial-related magz).

It will take a great efforts to clear hundreds of my books : Math, Chess, Bowling, Motorbike, Travelling, Know-how ... and keeping only few financial books!! I have 10-20 boxes!! Will keep only 20% ... difficult choices ... and giving all away to libraries.

Then ... i will go into selling ITEMS : My massage chair, keyboards, Kindle, CDs, furnitures ... all need to go!!

Then ... create a new e-mail, facebook (only to contact with members) ... perhaps, start a new blog ... and hide myself away from bad humans.

Bad human ... those like to argue, criticize .. with intention to hurt. Oh yes, I will take up 'buddhism' in more serious focus.


I m born in a torn-family ... and my grandma who brought me up pray to KuanYin and many Gods. I m NOT religious ...but that doesnt make me a bad human. I do believe that many things not up to me to control ... so, I just stay 'BEING GOOD'.

I went to church regularly, joined my friends ... and even when I was in KK.

My kids are growing up ... they need some guidance and I will have to lead. So, I attended a 'Buddhism' course recently ... a two-month, weekly course --- to understand Buddhism. I read a lot about "religions" ... cultures and history. All religions created with good intention and great teaching ... along the way, came HUMAN ... wicked and self-centered preachers ... changing the real main cause of the teachings. Let me explore Buddhism ... 2018.

While Charity-events will always be part of me ...and my yearly activities, it will not be my focus just yet. When I retire ... yes, this will be my main focus.

wait ... found this one : good sound quality and with lyric





Songs ... still my focus. Not movies. Perhaps ... picking up Mandarin?

And yes, focus in blogging too. haha ...

What else? Will reduce further things I m doing and groups I am in ... pulling away from crowds is the main idea.

2.20pm : After lunch ... lost the momentum to write ... zzz ...

Ok, till I could find the words again.

Off

TEH

Waterfalls : Canone and TunePro




Canone : Can never understanding the bickering inside ... eversince that surge, it has been moving lower ... and forming a nice waterfalls ... in stages. Broken another support this week. Alert.



Tunepro .... another waterfall from RM2.30 some three years ago, now down to RM1 level. Cheap? Is becoming cheaper ... be aware of cut-loss below 98cents.

Trade at own risk.

TEH

Tuesday, November 28, 2017

默 - 那英









A song to share.

TEH

Stock Alert : Microln




Microln : Breaking support ... wat a way they goreng-ed her.

Note : I never trade this one as it is too speculative and wild for me.

TEH

Stock Watch : Inari at new high




Inari-wb : Sold part yesterday and sold all this morning done at RM2.35 but yet, it is going higher. I started to trade Inari-wb from 90cents level ... good uptrend.

Saying bye-bye to Inari till it consolidate again.

Note : Inari just clared RM3.20 moments ago in bearish market

TEH

Waterfalls : Gadang, IJM and YTL




Gadang : Oversold ... and diving sharply to hit RM1.01 yesterday. Will check on her today, broken RM1.20 support, it was a SELL call ... after sideway for some time up there.


IJM : Came down from RM3.50 to RM3 now ... listed in KLCI now. Current support level attracts me to her too.



YTL : Many of construction counters showing down trending and waterfalls.

Ok ... it is 8.30am ... time to prepare for market opening.

TEH

Monday, November 27, 2017

Stock Alert : CSCSteel




This was one of the "under-valued" steel counter that someone argued with me ... when it was strongly uptrending. It went to Rm2.10plus ... today, at critical support level. Once RM1.60 broken, we shall see the support broken. Can see the GAP DOWN there ?? I was trying to tell all about gap-down ... but guess we all need to learn it the hard way ...

Next level to check on CSCSteel would be RM1.30. DO not catch. And yes, stop arguing about the valuations ... market won't care, why should we?

TEH

Waterfalls : Aeon and Parkson




Aeon : A stock I do admit I liked ... but I have to cut-loss when the support broken and it was a right decision ... seeing that it is going lower. No thanks to online-shopping booming ... we are seeing this counter going thru a slow death ...


Parkson : While checking on waterfalls .... it always remind me of Parkson, as many linked her to TTB. Brick-mortar biz ... no touch.

I do not think so there is a reversal to the down-trend .... and normally these downtrending stcks will experience a slow 'death'.

TEH





Waterfalls : Opcom and Scable



Just done my e-meeting ... about soe stocks to watch due to The Edge : AirAsia, PUC, MFlour ... hmm ... what else? Serbadk ... oh yes, SunCon.



Opcom : Broken the strong support ... new low time continue ...


Scable : After broken the important RM1 support ... now we are free fall.

Hope none of readers holding into these .... can't help much, tho.

TEH

Sunday, November 26, 2017

e-meeting : The Edge 26th Nov



The Edge : Nov 26th 2017

Sun, Nov 26, 2017 10:45 PM - 11:30 PM +08


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

https://global.gotomeeting.com/join/492872245



 Will share some headlines on The Edge and some highlights

TEH



 

Waterfalls : HuaYang and Latitute




HuaYang : As many property-counters at new low (52-week) .... some at 3years low while some at historical low.



Latitude : As 'furniture' stocks going lower ... so is Latitute. As I have abondoned the whole sector after it peaked, I will still be bearish and avoid the whole sector (Evergreen, FLBhd, Hevea etc)

Do not try to buy 'bottom' ...

TEH



Waterfalls : Esceram and FLBhd



11.40 pm : While waiting for Liverpool's game ... checking on waterfalls ... and STILL falling ...

Note : I feel sorry for those STUCK up there.


Esceram : Peaked about 64 cents ... now, at 29cents we are more than 50% down. Well ... the downtrend continues ... irrespective of 'glove' in play. By the way, I traded it up but abandoned the whole sector (glove-stocks rallied back then). AVOID.


FLBhd : want to say ... don't fall in love. I remember a reader met me for coffee-chat and his father (Sabahan) is a supplier (timber) to this company ... and he said AVOID at all cost. He grew up there, and knew in-out of the company!! But I told him that I will trade it up ... exit once it is down. I have covered my 'back' ... unlike those who will continue to argue about the 'good' fundamental.

Well ... tho I met him once, I do trust his 'stories'.

Behind the stocks I traded, there are many stories I heard about ... and I trust the chart.

There are too many to mention ... and most O&G and Properties stocks are still way down from the peaks.

No one could make you do what you do not want to do ... no one to be blamedif we are stuck up there!!



Enjoy the song ...

TEH

Saturday, November 25, 2017

Stock Alert : Supermax





Supermax will be in my watch list next week ... due to the news of Stanley. Currently at resistance RM2.10. Watch and no take.

https://www.thestar.com.my/business/business-news/2017/11/24/ex-ceo-of-apl-industries-stanley-thai-jailed-5-yrs-fined-rm5m/

Read the above bad news.

TEH