Tuesday, 19 September 2017

Sept day #11


Yesterday was not a good day for me ...



Trade #1 : Done well in LeonFB ... bought a day before and sold for pofit. Have to sell as it formed shooting star, and failed to breakout.


Trade # 2 : Another stock I bought overnight but it failed to go higher yesterday and I had to cut-loss it (as it broken 62.5 cents)

Trade # 3 : CAB bought at 99.5, but have to sell at cost 99.5 (still lose the fees).

Trade #4 : Sendai : Caught her at bottom 84.5 but sold 85.5, was planning 86. It closed at 86.5 ... profit to cover fees.

Trade #5: AirAsia :Sold off for small profits as it has no follow thru after the breakout.

Trade #6 : AA-c53 ... greed inside , bought 17cents market, cut-loss 16.5cents, instead.

Still one trade in hand ... see i could sell for profit. Over-trading and wiltake a pause ... no mood after watching Liverpool lost their game ...

That is my update for yesterday's trades.

TEH






Monday, 18 September 2017

O&G in play?


It is becoming hard to update ALL my trades here as I have many. Join me in my trades, then.

Yesterday, I cut-loss in LayHong as it failed to breakout ... traded AirAsia-c53 well. Sendai failed me too, so ... another cut-loss done.

So ... yesterday, the score was 1 - 2

I have another 4 stocks I bought yesterday and will be selling them, if profit-target achieved. Ad searching for my next trade.

DOW at new high ... we are not.

Some activities seen in O&G counters which I will check on them, besides tech and steel.


This is Dayang ... notice the volume ... something is emerging from here.

Time to go. Have a nice trading day.

off.

TEH

Thursday, 14 September 2017

Sept Day #6 (part III)


Trade #22  : SKPres


SKPres ... bought on breakout but failed on me. So, this is a small loss trade.

Score : 15 -7

Trade # 23 : MMSV ... this is a another good trade. Can't remember the details to write and too many back-log as I took yesterday off.

Score : 16 - 7

Trade # 24 : Luxchem ... this is short .. day-trade and was fast. Good trade.

Score : 17 - 7

Trade # 25 : Krono ... greed and taken back Krono but sold before closing due to not good candle.

Score : 17 - 8

Trade # 26 : TunePro ... sold at RM.18, bought a week ago at RM1.14.

Score : 18 - 8

As I m writing now, Magni hit RM6.23 ... but saw it too late at RM6.38 ... now RM6.42, hard to catch.


Today's: done with VS-wa ...touch-n-go ... first done trade today. Sold 88.5 too early as it hit 92cents, craziness ... I grabbed in opening, too fast.

Update later.

TEH





Tuesday, 12 September 2017

Sept Day #6 (part 2)



trade # 19 : ChooBee


ChooBee : Sold in morning when I saw weakness in steel-counters at 2.36, It closed with no good candle. Exited. Bought at breakout 2.28 - 2.31

Score : 15 - 4

Trade #20 : TRC


TRC : sold for small losses t0 83.5 yesterday. Today up a bit to 84, waiting for breakout 86cents to reconsider. Previous day, I was queueing to sell at 86.5, but it only hit 86cents.

Score : 15 - 5

Trade # 21 : HSSEB



HSSEB : It was a mistake to buy in morning as it surge, but momentum fzzled ... and I have to sell for losses (tho small). this is my 6th losses.

Score : 15 - 6

Trade #22 : SKPres

Trade #23 : MMSV

Trade #24 : Luxchem

Trade #25 : Krono

Trade #26



updtae more later.

today's : mmsv, luxchem done.



e-meeting : talk about NOISES



Noises : What it takes to be traders?

Tue, Sep 12, 2017 10:00 PM - 11:00 PM +08


Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/775497461

TEH

 


 

Monday, 11 September 2017

Sept Day #6 : Short Term Trades


trade #16 : MMSV



As I bought her at RM1.75 yesterday during sell-down ... and sold her at RM1.79 for my day-trade (it was done in 10 min or so), then rebounded strongly for me to buy for me to BUYBACK at closing price.

Sold all this morning RM1.89 for another good trade. Take good profits in few good trades, making sure our losses are 'small'.

Score : 12 - 4

trade #17 : Krono


Krono : This is another stock which I bought during selldown ... hit 89.5, i took at 90.5cents and sold at 92.5cents. Done .... and wait for closing. Well, it closed at good 95 level which I bought back. Just sold off at 99cents done, it is at RM1 now.

Note : WHO said hammer cannot buy ... are you are trader and understand how hammer works? Which is strong hammer and which is not?

Score : 13 - 4

I dont know about others ... for me, I do trade hammer very well. TQ.

Trade # 18 : VS-wa


Sold VS-wa at 79cents my past portion ... and won't be taking her anymore as it is too strong. Let others to chase. hit 80cents just now ... i m out. HIGH RISK at current level. Mommy at new high RM2.50 now and baby in-money.

Score : 14 - 4


Will update as i still have few 'live' trades on-going ... and need to sell for profit or loss.

IQGroup rebounded today .... zzz ....

TEH


Sunday, 10 September 2017

Sept day #5 : Short-term trades


Day 5 : Trade #10 : LionInd


LionInd : As I have planned and shared during e-meeting last night, I will be trading some steel-counters. So, when I saw LionInd moving up, I grabbed and bought during pullback till 1.28 ... and sold all before lunch at 1.34 (hit 1.36 high). Day-trade done.

So ... the score is 9 - 1.

Trade # 11 : MMSV


MMSV : this was fast ... hit my RM1.75 buy queue and parked at RM1.79 to sell. Done in less than 15minutes. Closed 1.78 for lunch. Most probably I won't buyback unless it dives to Rm1.71 again for me to consider.

The Score : 10 - 1

I m clearing one counter at the moment for a loss ... my second for Sept.  Will update later.

9pm : updating my trades

Trade # 12 : Serbadk


Serbadk : no follow-thru from Friday ... and I have to cut-loss today. So, this is my 2nd loss

Score : 10 - 2

Trade # 13 : VS-wa


VS-wa : took it for a short-ride today, touch-n-go ... and done!! In fact, it closed higher ... new high at 77cents with mommy VS hittig new high again today. The risk is high now ... so, I need to let her go till pullback again to re-consider.

Score : 11 - 2

Trade # 14 : AirAsia


AirAsia : while it hit new high this morning, it closed with bad candle and forcing me to cut-loss. It was a mistake to rush to buy in morning ... amateurish blunder.

Score : 11 - 3

Trade # 15 : IQGroup


IQGroup : I queued 3.35 as it broken RM3.50 support ... done at 3.35 but as market was closing, I sold at RM3.33 for small losses. My 4th.

Score : 11 - 4


TEH

e-meeting : STEEL counters



e-meeting : STEEL counters

Sun, Sep 10, 2017 9:30 PM - 11:00 PM +08

Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/436201453

TEH
 

Thursday, 7 September 2017

My trades : #7 to #9


Day 4

Trade #7 :  Mitra


I bought Mitra yesterday at 1.09 and 1.10, as it gapped up in morning with volume ... and didnt know about some good news out (later on) and this morning, I sold it off at opening RM1.13 and RM1.12.

It is Friday ... time to clear stock and take back funds , being a short-term trader.


trade #8 : Aemulus : I bought into her 2 days ago ... a nice white hammer. BUT ... it failed to rebound. I bought at 60.5 and 61 cents.

Today, as I m in selling mode ... I sold off at 60.5 cents, incurring my FIRST losing trade for Sept. The loss is small ... and that is the idea.

LOSE SMALL if the trade not working well.


trade #9 : VS-wa : Wanting to sell her at 74cents ... but then, it is Friday!! I want to go jalan-jalan after lunch ... being monitoring and focus for 3days!! So ... today is relax day ... SELL. Sold her at 72.5 cents for good profit.

The score : 8 - 1 for this week #1

note : all these trades are shared 'live' with my trading group. 

have a nice weekend.

TEH



Day-trade #2 to #6


Yesterday was my 3rd day in Sept that I started to focus in day-trading.

Join me : cpteh@yahoo.com or https://www.facebook.com/tratles/

Day 2 : Trade #2 Luxchem


Luxchem split on Wednesday ... so, it became a penny and active ... well, we all read about TKO's adding Luxchem into his portfolio. So, using that piece of news, I waited for the split and trade on it. It was hanging around 78-79 in the morning ...but then started to surge after lunch. I grabbed at market 80.5 ... and added up to 82cents. Parked to sell at 85cents, it was done!!

Day-trading is difficult as we need EXPERIENCES and ... of coz some luck. It cloed 84.5 but I didnt buyback. This is good and above my average profit-target.

Yesterday, it gapped up to open at 86 cents ... and I queued to take it at 83 pullback, hit 84 and mine not done. Cancelled the queue and focus in others ...next!!

Well, DOW down by 234 points a night before but unfortunately, KLSE no diving for me to go shopping.

Day 3 : Thu 7th

With North Korea fear clearing, it is time to be back to markets!!

Trade #3 : CAB


CAB : It was a 1.04-1.05, so I queue to buy 1.02 and 1.03. It came down and hit my 1.03 queue ... done. So, my target is 1.08 resistance but checking the momentum, it is not as strong ... and I have to queue 1.06 to sell. It hit 1.06 but mine not done. So, I soldit off at R1.05 for my day-trade profit. Slightly below my profit-target (for each trade, my aim is to earn RM200 - RM400). Well, still a profit.

Trade #4 : OCNcash


Bought this one in the opening 70cents as it gapped up and with volume. It was active dring opening but then ... cool off, resting at 70-70.5. I queued another portion to buy at 69.5 but it never pullback. So, I queue to sell at 73cents resistance. I do not check on her ... after lunch, it surged and mine done!! Average profit target achieved.

Trade #5 : Masteel


As we know ... some steel-counters in play ... and awaiting breakout. I grabbed market 1.27 breakout and q to buy 1.25 and 1.26. My 1.26 eventually done after some time bt due to strong momentum, it didnt look back ... I queued to sell at 1.30 for my profit-target ... and have to wait till after 4pm ... it went to clear 1.30, and closed a good white-candle at 1.32.

Being a day-trader, we exit our position .. unless I have larger positions done, andif a good candle-stick formed during closing ... I may want to sell half, and keep half for the next day!! This is what I done for my next trade!!


VS-wa : I bought 70.5cents market in the morning, and then 70cents done too. I m surprised that 69.5 cents queue was taken too. Done.

It was not moving as mommy VS at 2.37 level ... and hitting 2.39. Then, mommy starts to move aheadof 2.40 resistance ... and hit 2.41 ... andVS-wa starts to move too. After lunch, it hit my 71cents target. Done. But seeing the momentum, I bought bac at 71 and 71.5 ... only to sell half at closing price 72.5. Holding on to the other half for today ... to fight again the next day, as traders. haha.

So for ... in 3 days, I have done more than 6 trades ... the others not done yet. Once done ... win or lose, I will post it here.

Every trades done is shared 'live' in my closed-group.

So ... if you wish to trade together with me ... doing short-term trading, contact me at cpteh@yahoo.com

or can check me at my facebook page :  https://www.facebook.com/tratles/

Have a nice trading day ... for me it is day #4 .

Need to have breakfast and prepare for my trades.

TEH





Tuesday, 5 September 2017

Day-trade #1 : IQGroup



IQGroup : day-trading this one done well ... bought RM3.60, my queue at 3.55 and 3.50 not done. Sold off at RM3.70 and it closed higher at RM3.79

I m going to try to catch one-day per day. If I could get 2-3 trades, and done well ... that would be the bonus.

the idea is to profit 'small' but consistent.

Make sure losses is small and also... cose the position before closing. Hit target, get out.

TEH

Sunday, 3 September 2017

Idea : Trading for living


As we are going to trade 'often', then we have to

#1 check for LOWEST commision/fees and

#2 : trade liquid stocks only.

Good morning ... "Trading for a living" is in many minds .... to be able to stay at home (or anywhere we wanted to be) and earn money from trading markets!! Indeed ... it is the best of job : click buy-sell and money coming in our trading accounts and then, by end of month ... we withdrew some money for our salary!!

It sounds GREAT.


KLCI weekly chart ... sideway range : 1750 to 1800. So ... long around 1750plus and short around 1790plus.

So ... today is an off day, and will be using the day to prepare for my trades ahead with determination to do better.





Technical-analysis is only 10%-15% in trading. LISTEN to that ... those trainers out there are NOT traders as they teach 'theories' which they do not back-test and not earning money from trading.

Equip ourselves with KNOWLEDGE and EXPERIENCE.

#1 : Market Wizards

#2 : Market Mind Games

#3 : Thinking Fast and Slow

#4 : One Good Trade

#5 : Trading in The Zone

#6 : Psycho-cybernetics

I highlighted the books that I have seen before and read 'few pages' from there. Will grab them into my kindle.

Have to start to update my funds as I sold almost all my stocks ahead of the long weekend.

TEH


Saturday, 2 September 2017

PER and Property stocks




Good morning ... was reading The Edge, as usual on Sunday morning ... while having breakfast.

Then ... I saw this few abbreviations (FA) which I feel newbies need to learn. So, I posted to my group-chatbox to share with them and for this week, will like to share with them the terms.

The  most common one should be PER : The price/earning ratio ... the lower, the better of coz.

When we compare the PER, do take account into their SECTORS.

For example : many properties-counters are trading at single digit PER while those tech-counters that I m trading currently demanding more than 20-30 level ... some even above 50 PER.

Also ... the leaders in the sector demanding higher PER, obviously.

So ... look for those laggard in the sectors, which earnings still improving while the stock price has not shoot for the sky.

How do we do that?

Just go to your trading platform ... and zoom into sectoral-analysis : click PER for all the stocks in the sector!!

Going to show my members how to do that ... so that all would be able to understand how to check PER and how we should NOT take the PER on face-value.

My Maybank's platform showing L&G's PER is currently at  PER 11.96.


L&G : Low at 21cents ... PER's at 12.

So ... can we buy into L&G?

Land and General ... a very old company, indeed.

Check them out in youtube




PER for UEMS and Ecoworld  at 35 level.

Personally, I will not buy into property-stocks ... mostly sideway or downtrending.


One of the remaining uptrend property counter I could see is UOADev (hold) ... besides some REITS.

Recently, TAGB activated ... with news around IWCity, Ekovest and Malton leaving the main-stream news.

As I m not not monitoring property-stocks ... I m not aware of many cooperate exercise, such as right-issues in L&G. Even listing of Ecoworld-International ... I didnt follow much.

My focus is still at TECH (since Dec 2016), which many trading at high PER.

Penta : I started trading her when it was at 90cents breakout ... today, it is trading around RM5 and with PER around 25.

While I still like Penta, I would prefer VS ... or Unisem.

Ok ... learn the most common term : PER. It is not as easy as just a numerical value. While generally it is true to buy into lower PER stocks, it is not the right way of valuating a stock!!

Have a nice trading week ... as I m preparing for Sept (a spooky month) ahead.

To join my trading group, contact me at e-mail : cpteh@yahoo.com

TEH

Sunday, 27 August 2017

Stock Watch : GTronic




GTronic : Recovered from the selldown ... and now inching higher ... potential breakout. Watch for higher volume by next week.

TEH

Friday, 25 August 2017

Stock Watch : AMBank




AMBank : Watching it dropping after the 'announcement'. This is a weekly chart ... take a note of the highlighted overbought region ... and read the candle sticks there ... it is a SELL around RM5.40 so that we could buyback lower.

There is a confusion on how technical indicators being used. Use them sparingly ... do not over-rely on indicators and put many indicators in your chart.

Waiting to buy AmBank around RM4, which I bought previously but sold too early.

TEH

Sunday, 20 August 2017

e-meeting : Uptrend vs Downtrend



Uptrend vs Downtrend trading

Sun, Aug 20, 2017 10:00 PM - 11:00 PM +08


Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/540427573

Will like to talk about trading UPTRENDing stocks, rather than DOWNTRENDing ones.

Join me to discuss further.

TEH

 



 

Wednesday, 16 August 2017

US : Over-valued?


http://www.marketwatch.com/story/a-bear-market-could-hit-us-stocks-any-time-now-2017-08-15?link=sfmw_fb

"Overvalued, no matter how you measure prices "

A good read on the above ... tho I am still positive in the equities ... and focus tech-related stocks, I m cautious too.


Waiting for KLCI take the 1800 level off ... to see new bull running, yet again.

Time to do some reading.

TEH

Stock Alert : Sendai



Sendai : should not break RM1.03 ... and if below RM1, technically it is a SELL.

TEH

Sunday, 13 August 2017

Waterfalls list : Part 1




Karex : losing more than 50% from the peak ... it is cheap now?


Malakoff : A recent 'good news' about Tg Bin saw a spike up in volume and rebound from RM1.01 .... but fizzled out ... and now at RM1 level. I was catching at RM1.18 but have to cut-loss when RM1.10 broken and not in position now. Watching .... will it goes to become a penny?




Malton ... the game is over for these gang (IWCity and Ekovest)


MRCB : The so-called election play stocks ... many being trashed. No more election?



Presbhd : no bottom seen yet. SKIN issue ...



Tunepro : This is another in my list for bottom-fishing but technically, we could not 'catch' it yet.

Note ; I m in cash position as I sold most last-last Friday(cut-losses) and last Thu morning. So, need to be patient again to .... wait.

There are many more 'waterfalls' in my mind ... but listing few I m still watching for bottom-fishing.

TEH

Thursday, 10 August 2017

Bricks and Mortars : exit



Aeon : New low ... used to my one of my fav ... but ever since its downtrending and I cut-losssome 2 yrs ago ... I have not looked back.

Yetserday, it formed a new low.


Parkson : I have not checked her since it broke the RM1 ... from RM5 ... nowa penny-stock, drifting lower.


Macy's (NYSE) : strong downtrend ... these are bein trashed, no thanks to e-commerce and online shopping.


NO CUT LOSS in stock-markets? Why?

TEH

Monday, 7 August 2017

Stock Alert : Frontkn

Stock Alert : Frontkn

Tonight in mood to talk about Frontkn but need to make it late 11.30pm as I have my weekly e-meeting at 9.30pm.



Mon, Aug 7, 2017 11:30 PM - 12:15 AM +08

Please join my meeting from your computer, tablet or smartphone.


https://global.gotomeeting.com/join/667221045


TEH

 




 

Sunday, 6 August 2017

Buy UPTRENDING stocks





Econbhd : This is a weekly chart ... buy, hold and average up. Last year I was trading construction sector related stocks. Econbhd is one of them but I sold all my construction counters by end of 2016 to move into tech-sector related counters.

So ... I will need to focus only in UPTREND stocks.

For furniture counters, LiiHen and Hevea are two uptrending stocks. So, I wont bother to check on Evergreen ... FLBhd and such as they are in DOWNTREND.

Trend-traders will only trader good uptrending stocks!!

TEH

Saturday, 5 August 2017

e-meeting : Buying on breakout



Buying on Breakout

Sat, Aug 5, 2017 9:30 PM - 11:00 PM +08

 
Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/850057741

TEH

 

Friday, 4 August 2017

Stock Watch : Unisem





Unisem : At new high , went above RM4 too fast for me to add. Bought her last week at RM3.80 level, average it up today.

CIMB upgraded Unisem to RM5 target-price now.

TEH

Sunday, 30 July 2017

Stock Watch : Aemulus


Aemulus : Managed to sell her at 70cents for short-term trade ... good one, actually. It went to hit 71cents. So ... will only re-consider during pull-back or consolidation level.

Krono : I have sold her way too early ... and today, it is shooting higher due to good profit report.

Got to go.

TEH

TEH

Stock Watch : Elsoft



Elsoft : Breakout and I bought on Friday morning ... till closing at RM2.80. Sold part at opening RM2.85 done and queue-ing to sell allat RM2.98, hit RM2.95 so far and at RM2.90 level now.

As for Vitrox, I have sold her on 2nd white candle.


Vitrox : bought at RM4.14 ... breakout but sold too early after it done the 8% in a day stunt the next day ... no thanks to the Forbes report (the top-5 la) ... it continues to move higher despite that black shooting star. Weird ... guess investors buying as traders wont be chasing Vitrox a current high-risk situation.

Note : I sold both.

TEH



Tuesday, 25 July 2017

Invest Malaysia


Good morning ... slowly moving to this blog, away from un-wanted 'limelight'. hehe ... still feel like I have lost my 'flow' .... could not write/blog as I have not bee doing that for months ... or it that years?

Hope I would get back to do something I do like doing : Blogging.

DOW up 100points .... but we over here in KLSE still experiencing a hang-over. I guess this week should be 'good' and rebound due to INVEST MALAYSIA week ...

Will continue later

TEH

Monday, 24 July 2017

Breakout : Double V



This is VS daily chart before it breakout yesterday ... and I bought.


This is Vitrox daily chart ... at current it is breaking above RM4.10 (adjusted ex-bonus-issue). Buy on breakout.

In last night's e-meeting, I have to keep reminding members to trade UP-trending stocks which in-play.

Join me to trade, for those interested

TEH