Why so serious? Have some fun guys :)

No matter how bad the market going to be... we should stay happily... have fun!!!

still learning and always will be... to be continued... LOL
:)

Are you ready for the Market?

Have you ever wonder, why are so many analysts/ medias/ or even government are still telling you that "NO BIG DEAL" for current market? Have you ever feel or thought of another crisis is near the corner? Yeah, I think is time to sit down and think about this before entering the mist(so hazy). Stop believing the positive news! Why? Well, take a look at these

- world indices(just look at Malaysia will do)

- gold(from highest 1900USD/oz till now around 1100USD/oz)

- RM(depreciated 18% since Jun, just only 3 months? Well... not so much only... Our "smart" ministers said is beneficial for export and so)

- weak commodity price(Crude oil to around 45USD/barrel)

- however, regards the local "Good" news inside Malaysia. We are proud to present GST and 1MDB and "Good" leader(donations from middle east, many more coming) and Foreign fund saying sayonara and Foreign reserve going low and so many more... sigh...

See for yourself, don't positively think the market will be better in near terms as "Many" are covering it up with positive news! This slow down, will somehow benefits to those who are ready but definitely not the newbie(or whom not aware)... In facts, these are signs showing bear is more stronger than bull.

Sigh(disappointed)... go oversea -> think twice(weak RM), stay within Malaysia -> hard(super inflation, money seems so small now), and investment -> difficult(not pro). Only one word can describe "Suffer"! 

Hope you enjoy reading, good luck and to be continued...

Still learning and always will be :)

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A dummy's trading experience Part-3: Cut loss

Frankly, no one hope to loss their investment... aww, who don't want to earn more? Somehow, trading in stock exchange does not guarantee profits but in fact, you may loss more than earn sometimes. The market can be so cruel and they don't care who you are or how new you are... haha... all about they care is of course $$$(Money). We may get ourself hit until bleed if we didn't learn some tactics to protect ourself. One of the tricks is to not to loss more than your preferred loss comfort level and doing so we can still protect our capital. Think those pro named it "Cut loss" but I called it "stop bleed and come back later" hahaha... Tell you, this is not funny but this is really helpful. Me experienced numerous times of cut loss and then able to join back at lower price to enjoy the rebound(sometimes bro, i meant sometimes)! By the way, my cut loss point was around 15% initially(I was a long term investor) and slowly became 10% then now preferred at 8-10%. I know is crucial for some people watching your portfolio valued lesser and lesser but, if you still locking your capital in and kept yourself watching only will only make yourself feel more painful. Of course, most of you've developed your own preferred way to trade and I'm not saying you are wrong but don't you think locking it until it to rebound may takes months or even years. Imagine, during the locking period, you may lose a lot of opportunities to buy some other potential stocks. For your info, I've just cut another loss for SBC at around 0.90(purchased at 1.0) and lowest it hit 0.64(hell, that's around 26% dropped but I managed to stop the bleed earlier and lucky to collect some other good counter that rebound after that). Well, I guess am just lucky again...

After so many times of stop bleed(cut loss) I do realised that I can buy any counter because I have cash in the weak/bad market! So I come out with a conclusion that, wise people are waiting the market to collapse and they can get to buy more superstar cheaper with the cash on hand. So if your capital is not liquid enough then you may just only watching the rich become richer while holding a bucket of blood(Sorry, I've no mean). Well... Try to develop your own tactic to practice it and also be disciplined for it to protect your hard earn money!

Hope you enjoy reading, good luck and to be continued...

Still learning and always will be :)

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A dummy's trading experience Part-2: Strategy

Ever heard of anyone saying the first step of Investment is not to lose money? Well, that seems to be very simple, however it's not practical to me. You'll see, many often dreams to earn first, but eventually loss in reality. What I can say that is actually a norm and don't blame yourself as we are human(especially to newbie), we made mistakes and fall. What really matters are, we practice, learn and always find a better strategy. 

I have a friend who recently loss more than 70% of his capital trading stocks in less than a year... hmm, am not sure how he did it but I'm pretty sure he never prepared himself for the drop. The sad thing is, he already quit and stopped trading after losing so many. To some certain extent, he's good in protecting capital balance from losing again but I would say it's not a wise move. For me, I would take a few days/weeks to rest(but still keep myself updated to the market) and reconsider the strategy which is really workout for me. Remember, don't run away from mistakes but equip yourself a better plan or try to learn more from a successful investors(which I assumed you already have a role model). Frankly, I can assure you that no one can guarantee that they can make profit every time even those successful peeps out there were once with head bleeding... So, stay strong, stay positive and of course don't forget to equip yourself the rightful knowledge before reenter the war.

Hope you enjoy reading, good luck and to be continued...

Still learning and always will be :)

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A dummy's trading experience Part-1: No Rush

Well, sharing this isn't just for others to follow/refer(because I'm just a dummy) but to keep myself awake and hope I would not fall like previous.

All this while I earned, learnt! and of course mostly loss... However talking about stocks, my experience tells me "don't rush into buying a stock". In this cyber generation, we can easily find informations for a company eg: QR(quarter reports)/ balance sheet/ researcher's report and many more. We can actually start reading and try to understand what the company are doing(many of my friends bought a lot of counters that they don't even know what's the company is doing), do some own analysis(try to understand some basic of technical analysis, and don't forget the fundamental of the company), and many more. You have no choice but to put a side and kept it monitored if it's price already gone up before your analysis is done. We don't have to chase it unless you think it's very worth investing it. Do remember, we always have other chance or other counters to invest while we still have cash(Cash is King right?).

Hope you enjoy reading, good luck and to be continued...

Still learning and always will be :)

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A dummy's trading experience Part-0: Start from Zero

I think nothing much to talk about myself as just an ordinary man who trying to earn some pocket money by investing in stock exchange(we normally called it KLSE: Kuala Lumpur Stock Exchange in Malaysia). I'm still remember my first counter chosen was AIRASIA(5099), during year end of 2013 which I bought it at RM2.2 and felt so happy because it went up 6% few days later. Since that day(lucky) I thought "hey... this is so easy to make money in KLSE". Soon, I'd started to pump more money into the trading account and hoping to get "fast" money. After that, I've gained more attention in stock market everyday, watching news and even using apps to monitor it. Hoping to understand more and learn more about the market... so, I could make more money in the stock exchange. My second IRIS(0010) had helped me to get more than 10% during the Chinese New Year(2014) and then I bought SBCCORP(5207) later which also made some handsome profit about(30%+). It's seems to be so easy and I started to think 'am a god' in investing. I also topped up even more later as i thought this will help me gain more and of course 'FAST'. Happy huh? seeing someone without any of this so called 'stock exchange' knowledge can make money so easily.

A while later, I made more moves to buy in some counters like GUH(3247), OKA(7140) and more. However, everything seems to be so fine until the world oil price slumped! See, I have no idea what it has to do with my stock that time and it just impacted(more than 30% of Malaysia Government revenue were depending on oil). Without knowing what to do, i just saw my portfolio had turned red for all the counters I've bought over months. People panics, force selling and never see a clear sky during that time. Then, I learnt the terms 'cut loss' during the discussion with my friends. Hence, I also cut my losing and parked my cash until I feel is right to re-enter again.

Since that day, I was trading very patiently and not rushing into the market as 'that' fears me off so badly. I know some who earned and I assumed, mostly have at least 30% negative in the account and still trying to think they know the market so well which can bring their money back after that storm. See, I was so naive and trying to pretend myself knowing the 'Mr Market' very well(but is not true). Am, writing this because I'm still learning and wanted warn those(newbie) who are out there trying to earn fast money like I do. You guys saw how the past months goes as FF(foreign fund) kept selling off, Czech refused the bailout(initially), more lower oil price it goes, RM and Yen depreciated, and not to say our political un-stability. For your info, I have sold all again as to locked in some profit last 2 months before it touches 1500 points(another lucky time for me). I am not asking to sell at this time but, you should start reconsidering whether this is the right time to hold long or sell in the current situation. Think I've missed a lot of details which i will continue to share it soon...

*this is not a buy/sell call and it's merely a sharing*

*don't rush and always play safe*

Hope you enjoy reading, good luck and to be continued...

Still learning and always will be :)

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