Dow Jones Start Adjustment.....Be careful trade in KLCI

少年股神分享心得（1）：保本第一赚钱第二

少年股神分享心得（1）：保本第一赚钱第二
2009-06-10 11:47
《一步步致富――少年股神Larry的投资世界》的作者洪龙荃（Larry），较其他理財投资书籍的作者年轻，现时仍然就读大学的他，于2004年参加少年股坛挑战赛时夺得冠军。这本书记载了他的投资心得。
Larry的投资大原则是保本第一、赚钱第二，当他看好某只股票时，会先小注买入，然后观察股价发展，只有股价发展趋势符合预期，才会继续下注。
至于投资策略方面，Larry认为投资策略最重要是讲求个人是否適合，有人喜欢捕捉股价波幅，有人则不愿花时间预测股市短期走势，因此他不会主张別人採用任何一种投资策略。
在涉足投资的初期，Larry会作短线投资，原因是当时资金有限，因此希望透过短线投资壮大资本。不过当本金增至一定规模，他便將八成资金拨作长线投资，余下两成则作短期投资。
股神巴菲特提倡长线投资法，购入股票后会放在一边不理，任股票自然成长。
不过，Larry认为这种做法知易行难，要忍手不碰易事，为解决这个运用长线投资法时遇到的问题，他进行长期投资之余，亦把两成资金留作短期投资，以满足自己投资时的心理需要。星洲互动．2009.06.10

MKLAND need to wait the confirmation to uptrend

Why i choose Pelikan

The answer is break the resistant lin 1.35 and will go higher and higher( flag formation ) and will go 1.5. Pls look at this share to fly

KNM rebound will testing the level and buy if break 1.08

look at YNHPRO

pbb need to break 8.8 then go to RM9

Wilmar singapore ( holding power to 5.1 if break up 4.9)

knm still waiting break the line 1.02 pls look for it ( go for 1.35)

Can Keep for this share ( hubline ) Why? Let`s see in the chart

will post analysis on 11.15pm

CAN BuyMKLAND if break 0.39 or 0r 0.395 and put ur stop 0.365

Why i`m always pick these few stocks?

The answer : There have more than 1000 shares in our stock market, if u want to waste time to select it,u will " siao liao " So, i just pick up those stocks would not drop too much and u can gain the profit too......

If u are short-term player like T3, i`m advise u playing during the time :9.00-9.30am. Off course, u can gain the profit and u must quickly take the action to sell it., if not at 10.00am the stock will back at the origin price and sometimes it will drop in afternoon or evening. Then u will regret why u don`t want to profit taking.

To be continued

LCL break the resistent line, is going to 0.77-0.80

KNM support line RM 1 , once below support line, pls profit taking

Look For Hubline ( Showing Uptrend Level ) can buy

will post latest chart & Analysis on 11.15pm

Reference

another finance can look up ( Maybank ) break and fly

Look for Perisai ( if tomorrow confirm increase sure will fly like KNM )

Look out for the LCL ( show in uptrend level )

Hope KNM tomorrow can break the 1.05, then safaty to climb

ECM, Equine, MKLAND ,Maybank and QL in support line.

Pls look for MKLAND＆ＬＣＬ

Mkland waiting break the line 0.39 and lcl 0.655 and then will fly to 0.76

Another share break the line ( Scomi )

As i mentioned yesterday, if scomi break the line 0.735 will fly to another level ( o.80 ) .As the latest update on 12.30pm the point is at 0.795....can look for this share

Dow Jones now go to another level 8700 11.20 pm

Highly recommend ( zelan ) if tomorrow increase

wah..another share can look .......it`s us a doji and if tomorrow increase,,,the stock will climb up again,,,pls look at this stock,,,,,Be sure if more 1.06, it will go to another level ( Uptrend Level )

Hold the power to increase..........

Scomi ( wait ......hold or sell)?

Based on the chart , we can see it try to rebound up but need to wait for the confirmation . Don`t simply buy it, wait if break out the 0.73 then buy if not the resistent level will go to 0.665

Dow Jones break another level 8600 ( good signal ) Recommend : Tebrau

Wait for fly high.......Why ? U can see the trend of chart, high ,high and higher....it will go to another high level .. If tomorrow break the line 0.83 it will go to another break up line leve ( 0.89 )

Recommend

KNM if tomorrow can break out RM 1 then it`s still have chances to hit another level

Anyone happy and satisfied KLCI index today?

the answer is yes ,........for those ppl buy the knm and others share will gain the profit from this time. But pls remember buy low sell high and know how to profit taking and cut loss. Let`s view the KLCI index today, it break the 1055 and continue show to the uptrend level. It`s a good signal for us,off course we need to see tonight Dow Jones performance. For me, there few stock in my mind ,like tebrau ,scomi , zelan and bjcorp try to break out another level,but once break out then pull back again into the retest level. So , tonight i will post the latest chart and analyze for yours to reference.

Gook Luck Everyone....Cheers

For those ppls buy the oil and gas company stock, Pls click on this website for future reference.

http://www.oil-price.net/

As they forecast oil will go 77, oil and gas company ( for those good fundamentall company ) share prices will increase in the future. Pls keep for it and don`t sell it too fast. Remember buy low sell high.

KLCI index for this week

Based on the chart , blue shadow means that i analyze the klci try to break out the line 1057 and pull back again. Once it back to the retest level and rebound up..The problems is when it break out the line 1100 , it will occur adjustment ( u can see the previos month that dropped from 1100 level ) and showing the bearish signal. But if it break out or more than 1100 points. i think u can keep all the share and wait for another level to gain profit ( huge profit ).
Hope the Dow Jones index can retain the level of 8500 point and more good news from our government.

Chart Nexus ( free Software )

http://www.chartnexus.com ( free software for download )

another uptrend level ( parkson )

once u see the level 4 higher than level 3 and level 3 higher than level 2. While the level 2 higher than level 1. While in the blue shadow , it show when then red line over than blue , means price will drop whereas the blue line cross over the red line , i will increase . The histrogram green colour means share price increase and confirm to go up.

Let`s talk about downtrend level ( GPACKET )

Based on this chart, level 1 is support line, then it start dropped to level 2and further dropped to the lowest is on level 5 again and somemore lower.Most of ppls know to buy the share when the share price is increase and dont know to cut loss when it show downtrend level. Some ppls at stage 1 , they felt it`s ok lar..loss little bit .When reach at level 2, ppls will say still loss little bit but in level 5 , ppl will lose everything..and nothing to say anymore. The result is may be he will sell it at lowest point, but once he sell it , then it started to climb. That`s why ppls must know buy low sell high and profit taking & cut loss.

Let`s talk what is uptrend chart ( KNM )

why i said this want is uptrend level ?as u see on this chart level 2 is higher than level,while they break the level 2 ,it will become to level 3.Once break out the level 3, it will going to Level 4. Based on this chart, it still haven show the bearish signal .Next time, when u see the KLCI still in uptrend level or ur stock still in uptrend, pls dont sell it too fast or else u will regret sold it at the lower price and gain little profit..The most important point u can see the histrogram and volume increase on last friday( 290509). Bear in mind, this share highly potential to keep it unless there have bad news announced.
For me, i will keep it cos it will related crude oil price. Once the oil price increase, it will affect the oil and gas stock increase.
So. on monday it will jump up few cents as Dow Jones increase 90points, and the support line is RM 1 .If it break it, it will go to 1.3.
So the question is if the share price does not break out the RM1, what should i need to do?
it will go back to 0.895 testing level and then try to rebound and break out RM 1,
Once break RM 1 and it will countinue go to another level

5 biggest trading mistakes in Stock Market

All stock traders had their good and bad days. In my years of trading in stocks, index futures, commodities, and options, I would say that I made a lot of mistakes and therefore lose money or make profits lesser than what I am supposed to earn. The worst of all these was that I kept repeating my same mistakes again and again. I knew where I had gone wrong in my trading strategies. I would like to put up this blog post to share with you of my trading mistakes as well as to serve as a reminder to myself so that I will not repeat it. I look at financial speculation as a serious business and I am adamantly committed to this course to unlock the secrets of the stock markets. It is one thing to know the workings of the stock markets, and another to get rid of our natural habits that are not built for financial investment and speculation profession. We must work hard to improve our trading skills and accuracy as well as getting rid of the bad habits that is in-built in us that cause us to lose money in the long run.
5 Big Lessons that YouTrading Mistakes
Can Learn from my Exit stocks position and take profits too early.
Too focused in short term market fluctuation rather than the longer term market outlook.
Too much trading activities.
Committing too much percentage of my trading capital in my initial trade entry.
Allowing myself to lose money in a streak by refusing to walk away from the stock markets.
Stock Market Principle #1: Cut your Losses Quick and Let your Profits Run
In my attempts to maximize profits, I became too smart. I try to outsmart the market by thinking that I can temporarily exit my profitable position during market correction or retracement. I said that I would buy back the shares when it reaches the market bottom. It sounds good and sounds wise too. But far from the truth of the matter, the stock market corrections usually seem to be very brief and suddenly the stocks prices gap up and shoot higher and higher. In my attempt to bring in more profits, I actually paid more trading commissions and also the loss of profit opportunity. It also increases my risks level because I have to buy back the shares at higher prices. On one occasion, I exited too early and see the stocks soars higher up to 10x of my entry level. Argghhh…..
Stock Market Principle #2: Power of Multiple Time Frames and Strength of Longer Term Market Trends
Basically I always based my market outlook on the longer term stock market trends. I often look at stock charts using monthly, weekly and daily multiple time frames. Weekly and monthly candlesticks chart shows the primary direction of the stock market. It is also less susceptible to market noises. If you and I were to base purely of monthly and weekly stock chart prices, we could profit much from the longer term market trend. However, I do use hourly intraday chart for quicker action on fast moving markets like commodities and index futures. Nothing wrong with using hourly chart. It is just that most of the time, the longer term market trend based on the monthly chart or weekly chart takes precedence over the stock movement. The problem that I faced is that I am too focusing on market fluctuations rather than stock market trends. Instead of looking up to the stock market primary trend and riding the market waves, I constantly clear my profitable portfolio too early. I discovered that I was wrong but it was too late. Damaging to my wallet, it is. So, by not using longer term market outlook and combining it with multiple time frames as a confirmation indicator, I lose money and cut my profits away quickly. Argghhh…..
Stock Market Principle #3: Active Trading in Stock Market Kills
The following concept or advice is one of the most important pieces of stock market wisdom you might hear before. Do nothing but sit on your position. Yes. Idling can be the best action that you take. My problem is that I trade too often. It is my bad habit to get in and out of the market so frequently. That shows how immature I am. Most the money that I made was just doing nothing but holding on to my winning position. I have to tell myself repeatedly "Hold! Hold! Hold! Don’t exit your winning position yet." Again, and again, making the same mistake. I have to change my bad trading habits. Argghhh…..
Stock Market Principle #4: Never Over Trade.
Greed kills the fishes. That is why fishing works all the time. Decades after decades, fishes would bite the bait. The fishes never seem to learn. So are we in the world of financial markets. We are always the fool, the meal, and the dumb fishes. Oh, I forgot to tell you, no matter how many generations had passed, the fishes never learn from their parents on how to feed wisely without getting killed. I can’t blame the fishes because it is just an instinct. So are we. I often commit more than I should in my initial trade only to find out that the confirmation has not been given after a trading signal had triggered. As long as there is no confirmation, the trading signal can be void and the prevailing trend resumes its course. "Ben, you better remember not to over trade. Wait for confirmation for the chart patterns. How many times it catches you just like the fishes?" Argghhh…..
Stock Market Principle #5: Understand your Personal Ebb and Flow Cycles
Sometimes, personal cycles of ebb and flow set in. Like it or not, someday isn’t made to be your day. You can use all the techniques you know and proven before, it just doesn’t want to work. The same goes for the stock market. As in the case of Mercury retrograde from the geocentric perspective, sometimes technical analysis signal just fails outright. So, whenever I had a string of continuous losses, I told myself to stop trading for a day or two. This is the technique I devised to cut down the effect of personal ebbs and flows that surround us. Some other people called this luck factor. Whatever you call it, just remember to stop trading when you have a streak of losses. Break the pattern of losing in stock market just as what Anthony Robbins teaches about habits and breaking disempowering belief system. My failure to walk away from the stock market always causes me more than what I am willing to pay. Argghhh…..
It is not the techniques of analyzing the stock markets that I lacked but the good trading habits that are lacking in most if not all traders and investors. That is why 80% to 95% of the investors and speculators are losing money in the stock markets. People like fishes aren’t built to trade in the financial markets. Greed is like baits that draw the fishes to the hook. Nevertheless, losses are good for traders because it shapes them to be a better one. Just like what was said in the Bible, that it was easy to take the Israel out of Egypt but it was hard to take Egypt out of Israel. Think about this. You might be focusing on the wrong learning path. Many people focus on the stock picking techniques and market timing methods but only few are focusing on money management and the habits of a better stock trader. I promised myself to be a better and wiser investor and speculator.

Highly Recommend ( KNM )

E& O will rebound if tomorrow increase

KLCI is waiting for rebound and still in resistant line

Look for the sunway-wc (Bullish engulfing )

Do u think now is the time to sell ur share?

KLCI index decrease in these 2 days, but the support resistant line still in 1032. so, pls don`t panic first , wait for rebound if not it will continuos decrease to 990. At this point, u can start buying some stocks like construction , oil and gas , steel company as what are the expert saying too.

Want to know why ? cos government will use more than 300 billions to boost the market. When the downtrend is coming, pls look it carefully.Don`t think now is MEGASALE, and u can buy the cheap stock.Once u pick it at the wrong time, u will lose money.Wait the trend is going uptrend and then enter into the market

Remember look at The KLCI index too......

To be continued......

break the line waiting to fly ( Sunway )

cut loss for E & O ( quit )

Sealink have the high chances( up and up ) Beware of this stock

Scomi : retest level0.69 and will rebound up again

Genting up or down? Anwer is : uptrend and retest level is 5.4

Dont buy Gpaket

To Be a Smart Trader

Have u think when is the right time to entry the stock market? or are u fear to entry the stock market. Why 90% of ppls lose in the stock market? Once u have facing these problems, sure u will not entry it.....For me, That` wrong.Why?

First u must know the market trend,whether now is uptrend or downtrend. Once u know the trend, u will minimize the loss ..or else u will gain from the market.

There have quite a lot of ppls facing the problems:
1) short-term: when the trend is down, ppl felt now is the megasale now start to buy the cheap stock then he will keep a lot of stocks without knowing the trend is down....Then What it.........
Facing: Once the trend keep down,ppl will felt never mind, maybe it will going up on tomorrow.Then the next day, the stock drop again, he will felt okay lah,,,,it`s the time to buy more lot to lower down the average prices.
At The End, he will hold quite numbers of the stocks, coz he cannot sell at the point of loss so he maybe want to be board of directors or managing director of this company. U must know how to cut loss or profit taking .Remember don`t be so greedy. Buy Low sell high.........
Remember: To be a smart trader, dont be fear the market, smart to cut loss and profit taking.If not , u will not try to enter the market because of the losing money experience..........

tebrau will fall to 0.75 to this retest level

Can keep for this warrant

Sunway is my favourite stock( high chances to climb up )

KLCI will be retest at this level 1032

High chances to climb up ( properties stock )

look for the JTI is higher but on low volume

Don`t simply buy the stock

Wanna keep the stock for this time? i don`t think so ? In my view, ppl look at the share prices increase and not based on the fundamental and company background ..Quite risky to play it.
And u must know who is the theme player on the day.What do u think about this............

Look At sunway

1.18pm ...time to fly 1.45 if break out 1.18