hng said...
You can split your capital into buynhold for long term and buynsell strategy for shortterm. First of all, monitor targeted stock movement and study its 1month-12month range and volume. Develop investment plan for entry and exit price, monitor your stock movement for last few days and initiate buy few first and on share weakness. Later study the next movement. Accumulate if stock direct to further weakness to average down holding cost, provided you are confident stock will rebound as you must already done thorough research that the risk of lossing money is minimum and sell once hit or just before target selling price. Of course, there will be exceptional, if stock keep fail to rebound and further dampen by overall poor sentiment and underweight, you may need to cut loss in accord to exit plan, cut at 10-15% loss In regard to transaction cost, trading online is cheaper. Brokerage for normal online trading is 0.38%; if trade exceed 100k, brokerage cost is at 0.21% and for intraday, brokerage is at 0.15%. Due to current capital size, i always opt to trade above 100k. Take for example, today i've brought glomac at 1.24, if cann't sell today for even 1sen higher (profit RM 205), i still can make profit after T (profit RM 105). If glomac stock heading further downward, i may opt to wait bit longer for its upcoming dividend of 4.5sen, which act as buffer.There is almost impossible to anyone to predict next market direction, thus, anytime is good time of investing. What can be done is do more study and make research on stock with both bottom-up and top-down approach. Belive me, knowledge can lower risk of investing. Stock fundamental is a core (e.g. EPS, dividend yield etc) and complement by technical analysis and stimulate by current market sentiment.I regard to dividend stock, i tend to buy before dividend is declare and sell once it make annoument. I seldome keep dividend as i'm unable to redeem tax dividend back and have to free up capital to invest other similar stock
Sold out all Genting at 7.35-7.36, realize few k profit!
ReplyDeletesold out also TA at 78.5, realize few hundred T+1 profit :d)
Bough Bonia at 1.00-1.01
ReplyDeletegood trades. :)
ReplyDeleteYour timing is just beautiful.
USD is weaken again..!?
Horse
ReplyDeleteYou hightlight me again !? This is just my humble and general experience in investing. Everyone must find their right niche. Dream come true only for those who really try, to be winner, take action now!
For me, i'won't fall in love with any of my share investment and always ready to sell at targeted price. Nevertheless, patience is a virtue to sell stock and realize profit.
It is always bear in my mind to allow the fear of losing money to motivate and to study everything to protect my capital, Don't lose money is my first rule of investing!.
Horse
ReplyDeleteGenting continue surging, is your turn to start profiting :)
Selling some glomac at 1.27
You are humble enough to share your experience and trades. It is worth sharing it out for all to benefit. Many day-trader might find it useful by adopting your strategy.
ReplyDeleteUnless this is meant for promoting your reputation and regconition for commercial purpose in future, then it is difference story. Will you intend to do that ? If so, may be can plan to privatise it... :)
horse
ReplyDeleteYou're too look up on my ability. As i mention many time, I'm still in learning stage, and in the midst to building up experience. In the stock market, lifelong learning is needed to face this everchanging envirnoment. Lets share both mistake and winning strategy together.
buy more Bonia at 1.02,
ReplyDeletesell more glomac at 1.27
Just went to Maxis center gotten the blue application form. It's RM5.20 IPO price. Quite expensive though.
ReplyDeleteSold out all glomac at 1.27, realize all T+1 profit :)
ReplyDeleteSold back some Bonia at 1.03-1.04, realize intraday gain :)
ReplyDeleteMaxis IPO hard to resist. I believe many retail investor still attract by its strong brand and proven track record.
ReplyDeleteGood for longterm holding and 'feel good factor' to be part of the Maxis shareholder :)
Upon listing, based on its IPO 5.20Maxis tarde at PE= 16x, most of its earning will opt to payout as dividend, at ratio 75% and payable quarterly, lack of catalyst growth, upside is limited.
ReplyDeleteBut should be able to gain support from institution investor due to its big market capital and bluechip status, therefore, downside is also limited.
Wowlah, bought back all Genting at 7.21-7.22 ...
ReplyDeleteBought back all TA 77sen ...
just bought LONBISC at 1.05. Propose 4% dividend.
ReplyDeleteSold out all Genting back at 7.30.
ReplyDeleteSold all LONBISC at 1.07 for an intraday. :)
ReplyDeletehorse
ReplyDeleteGood trade! Lonbisc always get support from its major shareholder in last minute. Lonbisc resume dividend payment after miss last year payout.
horse
ReplyDeleteAs you point out, trading GENM seem very unusual, last min, big seller force share to close 4sen lower!? Similarly, Genting trading also quite volatile, have to realize profit fast.
Today added new stock, Bonia, proposed 4sen dividend. Sold also some Hunzpty at 1.44-1.45
In summary, trading today realize T+2 profit form partial hunzpty;
T+1 profit from all Genting and all glomac.
T+0, Intraday profit on 2rd round Genting, partial Bonia, and all TA.
Core portfolio
OIB 46.7%
Amfirst 11.3%
Cheetah: 10.3%
GAB 15.5%
Bonia 6.9%
Hunzpty 4.6%
Trading portfolio
TA global + ICPS 75%
TA 5%
This morning, bought
ReplyDeleteGenting at 7.17;
GENM at 2.73,
bought TA at 76sen
ReplyDeletehng,
ReplyDeleteHOw was your seminar last Saturday ?
Benefited anything from the talk ?
Sold GENM at 2.75; TA at 76.5, realize marginal intraday profit.
ReplyDeletehorse
ReplyDeleteThe talk by Dali was very impressive and inspire me at lot to continue my investment journey. The talks has further enhance my idea of investing and encourge to be sophisticate investor and become an expert and Don't rely on experts. It reinforce two great ideas: the power of investing in building wealth through power of compounding + practise good habit of investing by manage two most important human emotions: Greed and fear
Just bought more GAB at 6.88; sold also some OIB at 1.29
ReplyDeletetoday, bought also more Amfirst at 1.03-1.04
ReplyDeleteIn afternoon session:
ReplyDeleteSold more OIB at 1.29; sold out all Hunzpty at 1.25;
bought more Genting at 7.13; bought TA at 75.5sen; bought more GAB at 6.90
Core portfolio
OIB 37.1%
Amfirst 16.4%
Cheetah: 10.3%
GAB 26.3%
Bonia 6.9%
Trading portfolio
TA global + ICPS 75%
TA 10%
Genting 16.4%
Wow! bought Genting at 7.04; genting continue selling pressure! but will continue to buy Genting on weakness :)
ReplyDeletesold out all TA at 76sen, realize one time loss..
ReplyDeleteBought more Genting at 7.07-7.08
ReplyDeleteBONIA declares 8% dividend but price still stagnant..!?
ReplyDeleteYesterday venture into US stock and bought C at USD3.84.
sold back all Genting at 7.11
ReplyDeleteHorse
ReplyDeleteSo fast already venture to US stock market; Wanna to become global investor :) Your intital target entry for Citi at 3.84, is good bargain price.
My brother in law is big player, he entry price for citi used to be 1; 1.50; 2.0....up to recent high of 4.5 etc; But he also opt buysell
trading, so far he has manage to maintain each trade profit margin of at least 10%. This is compounded with derviative instrument; future+option etc. Ha! he is really risk taker, so far have no gut to follow his trading style.
Bonia declare 8% = 4sen less tax; yield at 3.9%. Share up 1sen to 1.03 now. I have sell on strength on Bonia after its dividend announcement.
ReplyDeleteBought back Genting at 7.07
ReplyDeletewow, your brother in law expert in US Market, whereas you are good in KLSE market...both joint force can conquered 2 markets. :)
ReplyDeleteThe reason buying into C is for short trade, it has came down reasonably low after it recent high of 5+...US market is very volatile compare to KLSE, with your trading skill, i believe you can make even more than you trade in KLSE but again it is two way edge sword, win big can also lose big as well.
I hope to gain some quick money here. :)
Wowlah, Genting regain momentum!? reserve higher selling price for better margin profit :)
ReplyDeleteJust sold off all Genting at 7.16, realize second round intraday profit :)
ReplyDeletehorse
ReplyDelete'Conquered 2 markets' !? My capital is very very small than big player. Still in the midst of accumulating...
I'm definitely far behind. Perhaps, the only edged is consistency
Bought Hunzpty at 1.43; bought also Portasco at 93sen
ReplyDeletebought some GENM at 2.74; sold also some OIB, Bonia and Amfirst
ReplyDeleteYour entry to Citi at 3.84, should be good bargain price. It is its recent low price and probability for Citi to rebound is high. Recent citi sell down could be due to news that it may need to write down another 10b from its book and further dampen by CIT bankrup protection
ReplyDeletehng,
ReplyDeletestill too early to tell what is the fate of C, many analyst think that C is worthless. I'm just taking a risk here to make an abrupt profit if possible. If the write down is keep happening, i think even US FED also could not help much anymore, just hope that it is too big to fail...
As trader, we JUST buy company share not company business. So long you adopt buynsell, buy on weakness and for short term trading, chance are there for you to make profit. Every 1sen profit equal to 3.8sen in RM :)
ReplyDeletebought back all TA at 75sen. reverse loss to intraday gain.
ReplyDeleteBought also some cheetah at 53sen
Sold back again all TA at 76sen
ReplyDeletebought back Genting at 7.07-7.08
ReplyDeleteMarket still selling pressure, European open lower
ReplyDeleteCore portfolio
OIB 33.3%
GAB 26.3%
Amfirst 14.9%
Cheetah: 11.1%
Bonia 5.1%
Prt 2%
Hunzpty 2%
Trading portfolio
TA global + ICPS 75%
TA 10%
Genting 25.8%
GENM 2%
GAB just declared dividend :)
ReplyDeleteCompany Name : GUINNESS ANCHOR BERHAD
Stock Name : GAB
Date Announced : 03/11/2009
EX-date : 01/12/2009
Entitlement date : 03/12/2009
Entitlement time : 05:00:00 PM
Entitlement subject : Final Dividend
Entitlement description : Final Dividend of 31 sen per 50 sen stock unit tax exempt
Period of interest payment : to
Financial Year End : 30/06/2009
Bought GENM at 2.74,
ReplyDeletemarket start rebound, lets profit run....
Genting break 7.20 resistance... let profit run, to reap higher profit margin :)
ReplyDeleteSold out all Genting at 7.19-7.20, lock all profit.
ReplyDeleteSold most of GAB at 7.00-7.01; lock profit first
ReplyDeleteThis monring, also sold some OIB, Bonia and bought some Cheetah
ReplyDeleteCograt hng, laughing all the way to bank :)
ReplyDeleteHorse
ReplyDeleteCongrat to you for your first time venture to US stocks, reap paper profit of US 20sen (buy at 3.84; now at 4.04). If you have 10lots, paper profit already have US200 x 10 x 3.5 = RM 7000, well done!
Just bought more GENM at 2.73
ReplyDeleteNot that much, only half of it. Thought of average down if it able to hit 3. Will let go if it ever hit 4.34.
ReplyDeleteBought Amfirst at 1.04
ReplyDeleteToday, sold out all GAB; Genting, Pratasco realize all profit: Reduce further stake of OIB and Bonia. Today; add more Amfirst, GENM and Cheetah
ReplyDeleteCore portfolio
Amfirst 39.7%
OIB 32.1%
Cheetah: 14.2%
Bonia 3.8%
Hunzpty 2%
Trading portfolio
TA global + ICPS 75%
GENM 29.7%
Horse
ReplyDeleteGood strategy, aim for at least 10%profit margin for Citi should be resonable to realize. Keep on practising :)
Hektar just declares 2.4sen for 3Q. :)
ReplyDeleteHektar has practise quarterly income payout of 2.4sen; annualize yield about 10% return.
ReplyDeleteI'm waiting for Amfirst to declare its semi-annual income payout of 4.9sen :), annualize also yield about 10% return.
Profit taking mood, most Asian market also under selling pressure in view of o/n US stock last 1hr sell off limit earlier gain of 150pts to just 30pts.
ReplyDeleteContinue selling OIB, while waiting for Genting weakness.
US FED remains interest rate should spur some rally, many go on buying before the FED make the decision but too bad the effect only last after news out. :(
ReplyDeleteEveryone invest in US must prepare to ride through extreme market volatility. Too many economic data; job claim, Fed statement; US dollar strength; Oil and gold etc all have influence on this involving global players market. Take profit fast, sell on strength and buy in staggering on weakness in a key of success by my brother in law as a daily trader.
ReplyDeleteJust bought Genting at 7.09 in afternooon session
ReplyDeletebought also GENM at 2.72
ReplyDeletebought TA at 74sen
ReplyDeleteVolume again cross 1b but still feel that the market is very slack.
ReplyDeleteSold back all Genting at 7.15 at bidding time; realize few hundred intraday profit :)
ReplyDeleteVolume and value surpass 1b, with active trading monopoly by theme related to PN17 (Time, Talam, romunia etc); China factors for upcoming visitation China PM(Msport, Huaan); Growth factor (Green packet: future DIGI); rumours Sime private placement of 10% to China GLC; Mortgagae revise upward spur Banking stocks etc
Portfolio add stake in GENM at 2.72to further reduce holding cost and bought some back TA at 74sen; reduce stake in OIB and little Bonia at 1.29 and 1.04, respectively
Core portfolio
Amfirst 39.7%
OIB 23.4%
Cheetah: 14.2%
Bonia 3.2%
Hunzpty 2%
Trading portfolio
TA global + ICPS 75%
GENM 35.8%
TA 2%
Most Asian market in red, European market also down more than 1%, but somehow, our market manage to turnaround, still record positive gain!?
ReplyDeletetoo bad, market lack of transparencey and efficiency to track global market!
too good, market flush with excess capital and gain support from fund manager and GLC!
Cheetah just declare dividend of 3sen
ReplyDeleteEX-date : 08/12/2009
Entitlement date : 10/12/2009