Tuesday, October 21, 2014
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
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
Can You Feel My World
Can You Take My Hands
Can You Feel My World
Rap：I keep on comin' back for more yo
Can You Feel My World
Can You Take My Hands
Can You Feel My World
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
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 : https://www.facebook.com/groups/cpteh/
Time for dinner ...
Friday, October 17, 2014
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 firstname.lastname@example.org for more information.
Register your seat online: http://knowledge.rhbinvest.com/events/investment-and-trading-opportunity-in-malaysian-stock-market/
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.
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
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
Thursday, October 16, 2014
This is to inform that I will be having a trading workshop for two afternoons, next Sat and Sun (2pm to 6pm).
We will be learning how to trade, how market works ... how to analyse charts using simple indicators. One will learn to plan ... and join the tratles trading group for discussions and more.
If you are a newbies or still losing money, and wanting to learn more ...
For more info, contact me at email@example.com
Hear from all.
Inari : traded her this morning ... was waiting at RM2(LOL) but it opened RM2.04. Grabbed 2.06 to 2.15, sold 2.13 and 2.18 done. It hit 2.19 high for the day. Will wait later to see what to do ... zzz...
I went for lunch ... and taken two pictures to share in my FB. Haha ... yes, don't know what to buy with cash in hand ... look around for signs!! haha.
Weida : Spotted near just now ... while waiting for traffic-light to turn green.
Broken 1.60 level on Monday, rebounded yesterday but ... now is RM1.56. Yesterday low is RM1.51 ... so? so? can buy or not ... the LRT-construction site already giving me ''hint''? hmm ...
During my lunch .. saw another hint!!
Boilermac : At 1.56 now, breaking 1.60 today? Good sign to buy? so?
Ok ... KLCI opening, dropping below 10points again, 1774.
Inari : bought RM2.05 again done ... checking closing later.
to cheer everyone ... here is a nice song from the leng-chai. like the music ... hehe
It has been loooong time since the last time we see such selldown. Great. Getting excited now ...
Many more new low ... more gap-up, perhaps margin-calls ... perhaps, we could see some panic selling in the morning. This should create some panic-selling ... and KLCI to go way below 1780?
we shall watch in few hours time ... night and sleep well.
note : thanks to those who came for my e-meeting.
Wednesday, October 15, 2014
KLCI dropped further ... free-falling for many counters.
Now, do u know why I sold all my penny-stocks 3 weeks ago? Do you know why I need to cut-loss and clear so many counters 1-2 weeks ago? Started to buy into market due to fear around ... also need to clear?
I do know many are stuck in many stocks. Many retailers who were on HIGH simply a month ago, no longer smiling? The logic is there ... newbies will never be able to understand RISK. They are very remorse and quiet now. Hmm ... if we still find noises around and in forums, then market is not bottom yet!
Newbies ... yes, referring who are new in stock-market ... who just came in 2014, will not understand what is hitting them. Cut-loss now might be too late or too sharp(honestly, I feel very sorry for those in huge losses ... just take it as a lesson, ok?) ... then, many started to ask around what to do.
I am sorry ... I am not qualified to give any comments on anyone's stocks or portfolio. I received few e-mails now, asking for my opinions on their stocks or seeking advices. Sorry if I do not reply. Most of those penny lousy-stocks ... who am I to ask anyone to cut-loss? What is market recovers sharply or that lousy stocks being goring again?
Listen ... we took 3-4 years to get our degree. WHY are MANY retailers THINK they do not need to learn first before going into market, and paying such a painful lesson? Where is the logic of many, when we knew 80% of them in markets losing money? How many times have I written about these? SO SO many times. But, if u think retailers bother to listen, to read around or learn ... u r wrong again. These are emotional games that majority cant take. They do not use LOGIC when they go into market ...
That is why after 6 years ... I am still a novice, and more years to come for me to experience another market crash and survive ... then I could move up to intermediate level.
Newbies ... those less than 3 years in market ... choice is clear. Learn first ... diligently for 3-5 years, then only consider market when it crashes. The red-blood is not much yet ... many have went thru the roof, few hundreds percent? Hmm ,.. what? cheap and under-valued stocks?
Do you feel fear yet?
Here, I m feeling sorry for many who have huge paper-losses. Either you want to take learning seriously, for 3-5 years .... or simple advice is to quit. Never mind about the losses ... market is not for majority.
Let me quote Jesse Livermore :
"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor."
If you do not even know or heard of Jesse Livermore, you must be VERY new or plain lazy to read. Then, to be straight and blunt ... quit trading is a good choice.
"...the fruits of your success will be in direct ratio to the honesty and sincerity of your own effort in keeping your own records, doing your own thinking, and reaching your own conclusions."
If we cant be honest to ourselves and keeping our own scores, who will manage for us? If you refuse to THINK (thinking needs brain-cells, I guess) ... then it just shows lack of commitment to learn.
Ok ... I m going to have another e-meeting with my trading group. Yes, I do get very busy when market is diving.
Trade well and exercise cut-loss.