KLCI Bearish Week

Hi All. I hope some of you still making money in bearish Market. but it is not easy to make money in bearish market right. In our Bursa Malaysia, when market are red, traders more focus on penny stock. When market are bull, traders turn to Blue chips and attack warrant. Is it right? Correct me if I were wrong.


Today I like to write about bearish week for all traders in the world. The main reasons is Greek debt problem still not settle yet. what do u think it is easy to settle this problem? I think not. This is not like helping bankrupt company. This is about solving country problem which had already bankrupt. Logically, If bank giving more loan to safe the Greek, that  is not the best solution i think. Already 3 months I hearing about Greek debt problem. Media always making fake news in yahoo. Same thing repeat since last 3 Months. But After Greek, more to come, then they will focus to Spain, then Portugal and Italy. It is not easy like some people telling us, "don't worry, somebody will going to safe the Greek". Easy in words, but hard in action. That's all.


In early 2012, many Investor and trader happy making money, 2012 Rally. Yeah. Even Newbies also making money. But in normal market it is not easy to make money. When markets are in bull mode and recovering from short term crash, yes that is right time to make money. because most of stock in rebounding mode. So can say every stock you are invest you will earn profits. But how about when market back to normal? or Bearish? I don't think most of Traders still make money in such market. if some are still can make, maybe just because of lucky. So That's why we have to learn FA and TA. If you make money without knowledge it is same like u are gambling in market. So I think everybody need to learn about basic TA & FA. Please buy some books about how to invest and how to trade. And learn, improve your knowledge about market. Don't put your money in risks if you don't have knowledge about market. important of trading knowledge same like we study about medicine in university before we became a doctor, and study business degree before we can became good manager or can run the big business company. So same about investing or trading, you need knowledge before you can earn good return. Never hope for market going to rally all the time. yes it is easy to make money when market are recovering.

Okey now, lets talk about our KLCI, some other reasons why KLCI are dropping is, it is overbought. Look at its Stochastic about 90%, RSI on Monday it is above 70%, so logically it will drop even not concern on Greek problem. today i'm not going to explained about how to read all indicators, Because I am too busy today, these indicators help me to know bullish signal or bearish. Hope market will be back to normal next week. So i can add some stock for next week. I have 5 list to add next week. Hopefully we all together make money next week. So i will stop here today. Wish good luck to all of you and Goodnight.


Note: The time I posting this blog European market is in red mode and DJI 60 points up. Maybe tomorrow our KLCI will better than today.