FIR’s LYDIA
Morning … I m in the school to do the LAN document, while checking on my data .
Trading experience
|
|
I hv entered RH for 2.33, if u draw a horizontal line you could see that I hv entered with quite agood timing, that is when it was making a turning point. It was turing at 2.25 range. So, in a way, i was convinced that it is making a move upward. With supported research on the company, I hv good fundamental analysis done. Coupled with the graphical analysis, I could predict that it shall run but could not tell(just yet due to lack of time to acquire the knowledge needed) the RATE.YNH proven a BETTER stock to buy with it running with stronger upward trend. As i say, I m VERY new … 1.5mths of trading education BUT due to my dedication, I hv learned much more than normal so-called traders who willing to take a gamble. I dislike gambling, sorry to say. I want a win-win situation when i trade. Win for the stock, win for me too.
When i first bought RH, a friend of mine was telling me that RH is in downtrend!! Look at the graph, he is partially right … but RH actually in uptrend if u check its 1 yr trend and its company’s AR(Annual Report). Technical vs Fundamental … i m using both. Self-learning is a good experience. But it needs maturity to correct what we learned might not be right.
Ranhill 2.33 —-> 2.55 still in uptrend but facing resistance at 2.60. If it is consolidating, i will be profit taking but if the market able to push it up, i shall wait for it to reach 2.70. For examle … YNH has managed to break away from its resistance of 2.70, its momentum will helps it push much further. I have gained about 10% with Ranhill of 1.5 months.
Entered at 1.42 AFTER it has ran up is NOT a sound decision. I was tied down by GPlus that i bought(and selling off Astro at that moment - it takes 3 trading days before the money is released into my a/c). I know i should hv entered AT THE MOMENT selling Astro, that is ONE week ago when it was hoovering at 1.25 level. I was kinda late tho i could still gain a little from the momentum. Lesson to learn … GET YOUR FUNDS READY and ATTACK when the signal is strong. Ok, lesson learned. Good.
Jaks 1.42 —-> 1.40 … reaching its resistance level of 1.50 but since KLSE making huge push up(CI 1,515 points!) currently, it will helps it to push further up before tumbling back to its level. Ready to move in to sell once it accumulated enough. Noted.
I appreciate the LESSON i learnt by buying GPlus … if not of the sudden news(after a few days i bought GPlus!) with the intention of Datuk Alex Ooi to change the whole directors board, I shall gain handsomely from this stock. In trading, no such things as IF ONLY … that is too low of mentality(excuses given for losing … move on, man). That is why i m still up-beat eventho i lost some money BUT gain so much of experience from there. It is a small rm200 now … i will be trading at 10-20 times larger amount in 3 yrs time. That will be about rm4000 loss in 3 days? Hmm … better to learn now with my small amount, right? hehe. NOPE, not many have my QUALITY to see what education is all about … so, they would not learn as much as i m now. We are all different.
GPlus is moving up, recovering BUT it is still crucial at JAN 26 where TWO EGM by the two disagreeing groups of directors fighting to get hold of the company. I m out(with a loss of rm200) as i dont wish to know how they fight. I hv other counters to buy, get a life la.
HWGB is one stock in my momentum penny stock(my fav still GBridge but it is consolidating at 0.30 level at the moment) list. My list showing about 12 such stocks at the moment BUT too bad … many flying off THIS week due to strong market sentiment. PECD, HoHup as examples. But, minusing off a few, i still stand a chance to grab ONE of them. Will analyse that tomorrow noon.
Penny stocks will be my next move … i m in learning process, so i will experiment out my $$. Not much to gain $$ BUT the knowledge and experience are invaluable.
Andrew Voon … i met him at CP to check out what he has to offer in his 1.5days training. He is charging RM800 only(but i know i wont go for training, just yet) … but an hour of speaking to him given me an insight of things i should be learning in a better directed manner.
www.chartnexus.com … downloaded and installed in my home pc to learn to see the charts/graphs.
I hv in my mind a very clear direction and i just need to hv better control of my emotion if i m to be a successful trader. Once i hv master the Malaysia market scene(in a yr or two), I will slowly moving to Asian market such as STI, Hang Seng or Nikkei. While moving into those markets, I will hv widen my scope and will find higher probability to trade better. By then, I will attend advance courses in trading and wont mind spending thousands for my education(as i will further increase my knowledge and earn back the amount in no time). Besides that, I m learning to TEACH trading … teaching Maths will be my part-time job(for interest purpose) one day once i move to teach many HOW to invest/trade better.
I shall be moving to trade in US market … options/warrants, future derivatives, commodities, forex and such. Education is endless. Knowledge is baseless if u dont get the right resources and apply them appropriately.
Er’s Birthday
Mommy is naughty … painting his nose with the cake’s cream. Haha. Yes, we are modern parents … allowing our son to play and grow. 
TEH
