101655867
reacted to
4
1
101655867
liked
S&P. First time closing below dma50,
Also the first time closing below 50 days since March.
I explained in the video on 30/7 that I closed the monthly contract and prepared to add margin to be aggressive.
The monthly mortgage warehouse is at its highest level,
Then the major market quickly retraced,
Still haven't used the money from that monthly mortgage,
In just two weeks,
At the same time, reduce shareholdings on the long side and stop loss to 90% cash in the US stock market.
The fastest increase in portfolio often occurs not when deploying the medium and long-term strategies in a declining market.
But when hitching a ride on the upward trend,
Just like in May, June, and July of this year.
Rather than the quarter when it just rebounded from the bottom at the beginning of the year.
Whether Malaysian stocks, US stocks, or Hong Kong stocks,
Even in a market spread and a sluggish market,
There are still great stock recommendations in any paid group you join.
Because providing stock recommendations is their job, even if the major stocks are not performing well, they will recommend smaller stocks.
But as a retail investor, examine your portfolio yourself.
Even if the individual stocks meet the setup criteria, the upward momentum will slow down and the winning rate will decrease.
Only trial position and Progressive Buy can help you control the current turbulence rigorously.
Facebook
$S&P 500 Index (.SPX.US)$
Also the first time closing below 50 days since March.
I explained in the video on 30/7 that I closed the monthly contract and prepared to add margin to be aggressive.
The monthly mortgage warehouse is at its highest level,
Then the major market quickly retraced,
Still haven't used the money from that monthly mortgage,
In just two weeks,
At the same time, reduce shareholdings on the long side and stop loss to 90% cash in the US stock market.
The fastest increase in portfolio often occurs not when deploying the medium and long-term strategies in a declining market.
But when hitching a ride on the upward trend,
Just like in May, June, and July of this year.
Rather than the quarter when it just rebounded from the bottom at the beginning of the year.
Whether Malaysian stocks, US stocks, or Hong Kong stocks,
Even in a market spread and a sluggish market,
There are still great stock recommendations in any paid group you join.
Because providing stock recommendations is their job, even if the major stocks are not performing well, they will recommend smaller stocks.
But as a retail investor, examine your portfolio yourself.
Even if the individual stocks meet the setup criteria, the upward momentum will slow down and the winning rate will decrease.
Only trial position and Progressive Buy can help you control the current turbulence rigorously.
$S&P 500 Index (.SPX.US)$
Translated
6
101655867
liked
Market summary 16/8/2023
Yesterday, most indexes, led by the $Invesco QQQ Trust (QQQ.US)$ with over a 1% gain, moved forward. However, this was on low volume, and there was an uptick in net lows. Despite an initial surge in $NVIDIA (NVDA.US)$ , the session ended on a sour note, erasing all progress made yesterday. This indicates a clear pushback against the market's recent surge, specifically at crucial average points. Both the Nasdaq and NYSE witnessed an increase in ne...
Yesterday, most indexes, led by the $Invesco QQQ Trust (QQQ.US)$ with over a 1% gain, moved forward. However, this was on low volume, and there was an uptick in net lows. Despite an initial surge in $NVIDIA (NVDA.US)$ , the session ended on a sour note, erasing all progress made yesterday. This indicates a clear pushback against the market's recent surge, specifically at crucial average points. Both the Nasdaq and NYSE witnessed an increase in ne...
18
1
101655867
liked
Base on Base. Seems good, if it can trade sideways here for a few more days, making a tight pivot would be more ideal.
Translated
2
101655867
liked
Stocks falling by 50%, are they cheap?
Since I first started dealing with stocks, the investors around me have been buying stocks with the concept that the lower the stock price falls, the cheaper it becomes. They say that when the stock price drops significantly, it's actually a big sale! It's time to shop...
But this strategy doesn't work for every stock, and it can even be a risky move for most people.
Because the percentage of decrease and increase are not directly proportional, a 50% decrease requires a 100% increase to break even. Buying a stock at RM1 that falls to RM 0.5 is only a 50% decrease, but going from RM 0.5 to RM 1 requires a 100% increase. If you keep buying into a stock that keeps dropping in price, your wealth will keep shrinking.
Take a look at today's $Sea (SE.US)$ - The parent company of the well-known Shopee in Malaysia, the stock price fell by 28% on performance day today, dropping 89% from its peak, which means it would need about a 900% increase to reach the highest point from this price level.
Many investors consider a 50% drop as cheap, with another potential 50% decline, and then a possibility of another 100% decrease - attached is a chart from my slides for reference, dropping 50% from point A to B, another 50% from point B to C, and a further 56% drop from point C to D.
Stock prices can drop by 80% and still have the potential to drop another 100% from that point, not just remaining at 20%....
...
Since I first started dealing with stocks, the investors around me have been buying stocks with the concept that the lower the stock price falls, the cheaper it becomes. They say that when the stock price drops significantly, it's actually a big sale! It's time to shop...
But this strategy doesn't work for every stock, and it can even be a risky move for most people.
Because the percentage of decrease and increase are not directly proportional, a 50% decrease requires a 100% increase to break even. Buying a stock at RM1 that falls to RM 0.5 is only a 50% decrease, but going from RM 0.5 to RM 1 requires a 100% increase. If you keep buying into a stock that keeps dropping in price, your wealth will keep shrinking.
Take a look at today's $Sea (SE.US)$ - The parent company of the well-known Shopee in Malaysia, the stock price fell by 28% on performance day today, dropping 89% from its peak, which means it would need about a 900% increase to reach the highest point from this price level.
Many investors consider a 50% drop as cheap, with another potential 50% decline, and then a possibility of another 100% decrease - attached is a chart from my slides for reference, dropping 50% from point A to B, another 50% from point B to C, and a further 56% drop from point C to D.
Stock prices can drop by 80% and still have the potential to drop another 100% from that point, not just remaining at 20%....
...
Translated
16
3
101655867
commented on and voted
$KGB (0151.MY)$
$KGB (0151.MY)$
KGB forming a base, running into resistance and supply zone soon. Keeping an eye on it.
$KGB (0151.MY)$
KGB forming a base, running into resistance and supply zone soon. Keeping an eye on it.
16
2
1
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
101655867
commented on and voted
$MCEMENT (3794.MY)$
$MCEMENT (3794.MY)$
$MCEMENT (3794.MY)$ Looking to breakout its 52 weeks high RM 3.38 and heading to the new high ground. Today’s candle close a strong and bullish candle.
What do you think MCEMENT will do from here?
$SFPTECH (0251.MY)$ $UEMS (5148.MY)$ $MAYBANK (1155.MY)$ $IWCITY (1589.MY)$ $ECOWLD (8206.MY)$ $GLXT (0284.MY)$ $CLOUDPT (0277.MY)$ $PENTA (7160.MY)$
Check out my other posts on $INSAS (3379.MY)$ , $KGB (0151.MY)$, $IWCITY (1589.MY)$
INSAS - Can this be the next winner?
...
$MCEMENT (3794.MY)$
$MCEMENT (3794.MY)$ Looking to breakout its 52 weeks high RM 3.38 and heading to the new high ground. Today’s candle close a strong and bullish candle.
What do you think MCEMENT will do from here?
$SFPTECH (0251.MY)$ $UEMS (5148.MY)$ $MAYBANK (1155.MY)$ $IWCITY (1589.MY)$ $ECOWLD (8206.MY)$ $GLXT (0284.MY)$ $CLOUDPT (0277.MY)$ $PENTA (7160.MY)$
Check out my other posts on $INSAS (3379.MY)$ , $KGB (0151.MY)$, $IWCITY (1589.MY)$
INSAS - Can this be the next winner?
...
12
3
101655867
liked and commented on
$SYSTECH (0050.MY)$
$SYSTECH (0050.MY)$
I have been watching $SYSTECH (0050.MY)$ for some time, it is trading below the key resistance RM 0.39.
I am looking for its movement when it is passed RM 0.39. Are you also looking at systech?
Check out my other posts on $INSAS (3379.MY)$ , $KGB (0151.MY)$, $IWCITY (1589.MY)$, $MCEMENT (3794.MY)$
INSAS - Can this be the next winner?
KGB - Do you like the stock?
IWCITY Cup and Handle
MCEMENT - Star in construction?
Today’s hot...
$SYSTECH (0050.MY)$
I have been watching $SYSTECH (0050.MY)$ for some time, it is trading below the key resistance RM 0.39.
I am looking for its movement when it is passed RM 0.39. Are you also looking at systech?
Check out my other posts on $INSAS (3379.MY)$ , $KGB (0151.MY)$, $IWCITY (1589.MY)$, $MCEMENT (3794.MY)$
INSAS - Can this be the next winner?
KGB - Do you like the stock?
IWCITY Cup and Handle
MCEMENT - Star in construction?
Today’s hot...
15
4
1
101655867
liked
Everyone's abilities are limited, you only need to focus on your best and most sensitive opportunities.
I really like to use this analogy, professional traders are like hunters in the forest.
In a large forest, with a diverse ecosystem and many prey to chase,
But usually a hunter who can always have a stable harvest will specialize in guarding a place for a long time,
taking up his hunting gun, lying still on the grass,
waiting for wild rabbits and pheasants to bounce out of the grass,![]()
firing the gun, ![]()
hitting the target, ![]()
and then bringing the prey back home. ![]()
。
The next day, he will return to this place and continue lying down, repeating the actions he has done countless times before.
What hunters need is patience, only prey needs to run around everywhere.
The market is like this complex forest environment, you can't see its entirety.
However, you can be like a good hunter, particularly familiar with a certain area, and especially sensitive to signs of potential opportunities.
In other words, since we cannot keep up with every small change in the market, we can use the simplest method,
Simplify ourselves, wait until the market is suitable for my trading style, or until the right opportunity for me appears, then I make a move.
Therefore, if there is a trick for professional traders, it is to constantly repeat the money-making methods they have developed themselves.
And this process of exploration is the process of establishing their own trading framework.
Excerpt from <Chen Kai - Think and Act Like a Securities Trader>.
#Trading...
I really like to use this analogy, professional traders are like hunters in the forest.
In a large forest, with a diverse ecosystem and many prey to chase,
But usually a hunter who can always have a stable harvest will specialize in guarding a place for a long time,
taking up his hunting gun, lying still on the grass,
waiting for wild rabbits and pheasants to bounce out of the grass,
The next day, he will return to this place and continue lying down, repeating the actions he has done countless times before.
What hunters need is patience, only prey needs to run around everywhere.
The market is like this complex forest environment, you can't see its entirety.
However, you can be like a good hunter, particularly familiar with a certain area, and especially sensitive to signs of potential opportunities.
In other words, since we cannot keep up with every small change in the market, we can use the simplest method,
Simplify ourselves, wait until the market is suitable for my trading style, or until the right opportunity for me appears, then I make a move.
Therefore, if there is a trick for professional traders, it is to constantly repeat the money-making methods they have developed themselves.
And this process of exploration is the process of establishing their own trading framework.
Excerpt from <Chen Kai - Think and Act Like a Securities Trader>.
#Trading...
Translated
1
![[empty]](https://static.moomoo.com/node_futunn_nnq/assets/images/folder.5c37692712.png)
![[error]](https://static.moomoo.com/node_futunn_nnq/assets/images/no-network.991ae8055c.png)
![[loading]](data:image/svg+xml;base64,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)