1.After all European Crisis Over (Greece Settle, Now Spain, After This Portugal, Italy, Ireland) and Don't Forget Also About economy Slowdown in China.
2. If all of above can't settle, it will end with Market Collapse (Crash)!
So better play safe and don't invest all your fund to stock market. TA or FA all not work in Bear Market. All useless. Just Luck only work. I Calculate possibilities to win in bear market is 30% for me. Everyday I pick 10 best stock which i think will rise, but only 3-4 will up, and other just sideways or drop. So better don't try in bearish market. Just Relax. Don't Against the market, later u will get burn. Market is not place for hope, You buy stock then hope for it to rise No! More you hope, more it drop! So learn to cut loss. Small losses is better than big losses. Yes Don't Hold any penny stock which you buy at high price! Let said you buy TMS at 0.30 then you hold with hope someday it will go back to 0.30 again. That is bad idea u will loss more than 75%, Even you wait 5years also you can't get back your money. Unless you buy good stock like armada, then can hold if it's drop because in long term good stock will uptrend always. So for penny player please, More you hope more you loss, If you buy at super high price please learn to cut loss, holding these kind of stocks is very bad idea for me. Unless You buy at very cheap price and hold for long term, That's OK!
Think again, if you buy TMS (Example) 100lots at 0.30 (RM3000) , then it start dropping, then if you cut loss at 0.25 (RM2500, Loss RM500), and buy back at 0.08 again (RM2500/0.08=320 Lots), So its means cut losses is better than hold, because if you hold you will get 100Lots (Value RM800 at 0.08 Current Price), If you cut loss and buy back you have 320 Lots (Market Value RM2500). So Learn to accept mistake. Every trader or investor will make mistake. But learn lesson from mistake!
Since I go to SGX, I receive alot emails from newbies, They tell me, They still can't perform (Beat) the stock market. Maybe they enter in wrong time because market still uncertain, so I think it's very tough challenge for them in bearish market. Yes in Bull market everyone can earn. Buy any stock must profit in Bull market. So for them (15 Newbies), I think i want to teach them all my strategy (TA + FA) and how I buy a stock, and everything. So I hope Someday they can perform well. I will teach them through online at very low fees rate (Fees For Books I have to add, Electric and time all involve cost). So hope someday all my friends can perform well.
Actually main reasons, i writing this is just want to post about KLCI chart. Hihi. But I miss KLCI too. About Market I think, Still uncertain. Hish. From the start i writing this blog until now, market never change, down 1 week, up 2 days. Boring. Now KLCI at all time high level, but I am sure it will go back to 1590 level today, and if tomorrow European & US Market still drop, it go back to 1585 level again. Let looks the chart
From the chart, stochastic, RSI at very high % level and looks like it's dropping now, and big possibilities KLSE will drop today and slow this week if US and European Market still dropping in next day! MACD also look bearish, and for momentum green line also dropping. So play safe.
Goodluck To All,
Thanks.
UPDATE -TARGET ACHIEVED:
