104917721
:
So, with regard to the KLCI financial benchmark or bank stocks today, may ask what point (location) are they now based on the graph (red line)? Tks
Ah Kwang
樓主
:
You can use the shiller P/E ratio and the buffett indicator. You have to remember that the majority of indexes follow the US side so if they crash, no matter how undervalued the stock nor index it will follow the trend. Take the example of the recent 10% correction on the nesdaq. You have to do your own research, remember don't get caught by your own mental biases.
104175567
:
Hey I like your article, this is well written and it resonates well with me, I usually criticize people when I see something is really wrong fundamentally.
104917721 : So, with regard to the KLCI financial benchmark or bank stocks today, may ask what point (location) are they now based on the graph (red line)? Tks
Ah Kwang 樓主 : You can use the shiller P/E ratio and the buffett indicator. You have to remember that the majority of indexes follow the US side so if they crash, no matter how undervalued the stock nor index it will follow the trend. Take the example of the recent 10% correction on the nesdaq. You have to do your own research, remember don't get caught by your own mental biases.
Ah Kwang 樓主 : as mentioned in my post you have to take from the marco economics point of view. Top down and what comes next.
103667367 : seem like ytl now
104175567 : What analysts and "pro trader" out there don't teach you is RISK.
This is why retailers will always get crushed trading futures and anything with leverage.
Most of us just want to be rich and follow others who have BIG P/L let say 10K per day.
But little do they know that 10K per day require a TON of capital behind it in order to manage the risk well.
Then novices will get lured into taking 2x 3x 10x leverage, taking unnecessary risk.
This is like speeding up to chase F1 car with tiny city car, the F1 driver has necessary tools and right engine in contrast to the latter.
104175567 : Hey I like your article, this is well written and it resonates well with me, I usually criticize people when I see something is really wrong fundamentally.