Market Correction

Today, our KLSE down 11points due to Dubai Finacial Crises. However, selling well absorbed. Maybe, market will be positive tomorrow after other market showing no impact from Dubai problem. Luckily, i don't hold so many portfolio in KLSE. So not much impact my position.

Current share holding
Lityan - 1200 share ( will sell if the price closed above 2.35)
EPMB - 5000 shares (will keep)

New buying today

KFima 10000 at 0.84 cent
EPMB 5000 at 0.43 cent 5000 at 0.425 ( look bottom, wait for rebound). Average down my EPMB

Ingress buy 10000 at 66cent but sell at 67 cent ( for quick gain)

Pray hard tommorrow will be positive.

Lityan rebound

Today, market looks positive. I have cleared all my Etitech and some Lityan. Hope Lityan can close above 2.35.

Eyeing to buy GPacket

Gpacket under selling pressure for the past few days but since last 2-3 days, it price look consolidating. I plan to buy some of Gpacket for technical rebound later. However, all the indicator still in bearish mode. Maybe i need to wait another 1-2 days before buying or can buy slowly.

Buy etitech

I just buy and sell Etitech today.
When I busy, the price going up to 0.55 cent. So plan to clear at that price but then the price come down again to .525. I have already clear some at .53. Waiting to clear some 0.535. At least get even or make some profit.

See how the price action.
Plan to buy back Lityan. See get it or not. Cleared the balance at 2.35. Price very volatile.

Update : done just now. If the price still down i will buy some more. He....he.....

Investing Strategies

So far my investing strategies still not verry successful. I hope i can learn and sharpened my investing skill. At the moment, my return is still negative. When the market going down, then all the gain before put back to the market.

Planning

1. To clear Lityan - wish can rebound today. Can reduce the loss
2. EPMB - to cut loss at 0.47 today. Hope will rebound. I should clear yesterday.

Watch list:

1. Ramuania
2. Etitech
3. Msport
4. Ingress

Etitech moving

Etitech moving today.Unfortunately, i already sold my share. Aiya, what a loss. As i mentioned before, when sold the share, then it will going up and otherwise.

Current holding

Lityan ; 4100 at 2.39 now down to 2.35. Late to clear today
Ingress : lucky can clear when the price going up to .735
EPMB moving but still at loss. Keep first.

Plan to clear Lityan tommorow and going on leave. No need to think about market for this week.

Etitech moving

Etitech moving today.Unfortunately, i already sold my share. Aiya, what a loss.

How improve investing technique

How to improve our skills in investing. That's not an easy task for everybody. As we have listened before, buy low, sell high or buy high, sell higher. Every body want to make money in investing, so they learn the same technique. At the end, for sure there are somebody who get burn and somebody laughing all the way to bank. The important is how to be a smarter investor and get positive return. There is no easy to make money, you must read, learn and practised what you have learned. Learning, learning , learning.......market always changing like the weather, unpredictable and sometimes must follow the forecast.

Today's transaction

Sell Etitech : 15000 at .78 (at loss) - still not moving
Buy Ingress : 13000 at .71 but the price come down to 0.695
Sell Lityan 2000 at 2.54 but buy back at 2.49 - waiting for rebound
EPMB - under sellling pressure (still keep it)
Muhibbah - down below 1.10 level
sell at 1.09 level (loss a lot) - expensive learning

I'm going on leave

I will be on leave from 25 Nov onward. So, no time to monitor the market. So, i hope i can clear my share holding this 2-3 days time. Currently, our market in the correction mode phase. I hope DJIA also not plunged very badly.

My total return of investment going down to zero after a profit about 10% for one month. Aiseh man, that why I don't like investing if no capital. Main criteria to success in investing is capital. People put half money in the form of share and keep it half in cash. So, any price come down wecan buy back to average down and sell slowly when going up. At the end, we not loss so much. At least, we can get back our capital to invest in another potential stock.

My current holding

Lityan : 4200 at 2.42
Muhibbah : 5000 at 1.21 (hopeless) - buy and hold but price keep going down
Etitech - 15000 at .475 - bottom (less risky) potential to go up

Watching:
E&O
Ingress
KNM
Adventa

My Trading Style

At the moment, i like a daytrader. In and out, in and out many times in a day. I like the buy and hold style because in the long term, for sure you can make money. Unless you invest in very bad company that will be "bungkus". But buy and hold need more patient and the capital will be stuck in the market unless u have enough liquidity. At the moment, i still prefer go and cabut style. More thrill and more emotional involved. Beware, u can loss alot of money.
If u go the good counter, u can make alot of money

To Collect or To Let Go

That's the difficult question to answer. To collect, the price going down again so have incurred massive loss. To let go, if the price up then you feel sad why i sell earlier. So the best thing to make the correct decision based what you have read, understand and also the current economy situation.

Today's transaction,

Sell Lityan at 2.49 but to coillect again at 2.42
Sell half Zelan at 85.5 cent, keeping another half for rebound
Buy Etitech (15000) - price stable , accumulation.
Planning to let go Muhibbah - hopeless shares. Keep going down.

Salcon - moving but not collecting
E&O - collect when below 1.10 level

KLSE Bloody red

Latest :

All my shares in negative position. Cut loss or keep it for rebound. I think correction is coming depend on performance of DJIA. Maybe, i need to cut and collect later when the price is very cheap.

Shares in hand:

1. Muhibah - downtrend and plan to cut loss if the price is right
2. EPMB - hold
3. Zelan - wait for rebound for quick gain
4. Lityan - just collect 2000 shares at 2.60 today and close at 2.45, wait for rebound to cut loss, very speculative
5. Msport - all cleared at loss today.

Shares to collect :

1 . E&O at 1.00 level
2. Etitech - shown some interest and bottom confirmed
3. Salcon - still maintained in ascending triangle ( very bullish formation)

Maxis Listing

Shares of Malaysia’s biggest mobile phone operator Maxis Bhd jumped on the company’s trading debut on Thursday, reflecting pent-up demand for the stock from local institutions squeezed out of its IPO allocations. The shares opened at 5.46 ringgit a share, 9.2 per cent above its IPO price of 5.00 ringgit ($1.49). It traded 50 million shares by 0102 GMT. Maxis priced its stock at 5.00 ringgit a share for institutional investors and 4.75 ringgit each for retailers, at the mid-to-lower end of the indicative range. The IPO, Southeast Asia’s largest ever, raised $3.3 billion. -- REUTERS

My Shares:

MSport due today - clear some at 51.5cent
waiting to clear another half

Other stocks - not active, must be patient
Plan to clear all

11.53am

MSport : all cleared at loss.

Others still struggling.

Bad day

Today's transaction

Cut loss E&O at 1.08

Bought : KFima 5000 X 5 lot at 0.86 cent but Sell at loss 0.845
As i said before : when i sell then the price going up at 0.90 around 4.30pm.
What to do no pain no gain. Learn how to cut loss.

Try to buy Lityan at 2.60 for 2000 shares but queue to sell at 2.65 not donne.
Price going down to 2.56 level. I will buy some more if the price going down. Speculative stock.

Also bought Zelan 6500 shares at 89.5 cent. But the pprice like yo-yo. Hope tomorrow will up.

Muhibbah still stuck in the 1.15 level. No interest form market. I will sell if the price come back to 1.18 at loss. My principle is don't keep non performing stock.

No profit today. Loss a lot. Total loss : RM 369.05

MSport still in selling pressure. Stuck at 0.51 level. Will keep until rebound.

E&O due today

Expect some selling pressure for E&O. Broken below RM1.05 will going to 0.99 level. I will cut loss today if price going down below 1.05 or up till 1.08. Because E&O is my T+3 today. So, i can increase my capital for the next bargain hunting if a lot selling. "Catching the falling knife"

Profit taking in KLSE

Klse is under profit taking. All my shares are down. Hope, tommorow will get even or cut loss a bit. See the situation. Must control the emotion and fear. But what I afraid is when i sell the share, it's going up but when i'm keeping the share it's going down. That's dillema. So, my decision is to keep till T+3.
Bye

My current Portfolio:

Muhibbah : 5000 ( not moving )
E&O : 8000 ( selling pressure today)
MSPORT : 15000 ( hold)
Zelan : 3500 (buy today)
EPMB : 5000 (buy today)