Issac Newton's law of motion is still perfectly applied to this mkt even today.
He quoted n I paraphrase,
" A growth stock in motion will always be in up motion until it is forced to stop by an external or global events. "
One can expect high speed success with focus on buying stocks in up motion = Buy what mkt wants to play up n not what stocks we want or favor.
Guru Bernard Baruch's famous sentence,
" Every trader n investor has 100% right to one's opinion, but one has 'no right to be wrong in the Facts' of a body or stock in up motion... "
To win consistently we have to be mindful to turn all our weak points into our strong points.
Key word is Change. I am constantly changing n all retailers who want to make money in stocks have lots to change.
1st be a talent scouter.
Then listen carefully, a phase commonly used by Tim, the young talented ex-US Treasury Sec.
To be the perfect Buying Director is the hardest task. Better to copy buys from the talented n skillful.
In real life, a talent can offer 1 stock, the usual retailer will counter-offer with at least 3 other stocks. At final countdown, u know who has the money making answer or stock to the mkt !
At any 1 time we buy a stock, Risk starts. I believe I should know Risk too well after so long years of more than a full time job journeying through the extreme primary cycles of KLSE.
We will decide to cross the bridge = Ms U stock, when we see one.
When I chance upon a prospective up moving Stock, though the price seems high but that is the best timing to take that important 1 RISK = 'Food' is being served exactly right on time on the table for feast. No waiting time is required. Dare to eat = dare to take that crucial 1 Risk to enter...
Being 'gungho' with tiger instinct is a strong point !
But it has to be strategically acted upon ONCE only =
" AI HIONG HIONG MY SIONG SIONG", read in hokkien.
1st things 1st, never forget to protect the downside Always !
For now, most importantly is to make doubly sure that each n every stock held in one's 'financial warehouse' is making money n on solid purebull n uptrending at all stages n journey of the mkt...
" UpTrend is your friend, esp in KLSE ", quoting amorr.
All the Best n good Luck...
More HERE ,
http://klse.i3investor.com/servlets/forum/900000315.jsp?fp=2
http://klse.i3investor.com/servlets/cube/post/purebull.jsp
Ai Hiong Hiong, Mai Siong Siong in Hokkien.
ReplyDeleteUnderstand from you that u made a Taliwrk call recently, I spotted this stock since last year and bought it due to i find it is a undervalue counter but it doesn't really move until recently. I am really amazed by your timing and you did mentioned that 1.98 looks interesting, do you mind to share with me what is that triggering you as I'm not so advanced in TA / VSA, stilll learning it. Hope you can share with me.
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