Sunday, June 3, 2012
What Do We Understand Of Risk VS Reward ?
Time really fly ... its seem like just a blink of my eye and today was in the month of June ... I did attended a few seminar and reading many interesting and education blog, and aware of the recent happening of the topic of "sell in May and go away" ...."Eurozone Crisis" and the so call of new listing of IPO e.g. the FACEBOOK and many others ....
When we are in the financial world or perhaps we are "flooded" with all kind of financial information, Do we really understand what are we investing in ?! There are so many kind of financial "product" in the market and do we really invest wisely ?!
Ya ... i would say there are so many ??? in my head ! Therefore, lets educate ourselves from the very basic before we start to invest our money into the difference financial "product" ....
What Do We Understand Of Risk VS Reward ?
Sunday, May 13, 2012
Thursday, April 19, 2012
What A Joke !!! 0.33 cents a meal ?
The current equities market was a bit boring and worst still i was having terrible flu so good excuses for me to take a break ...hehe...so just don't trade otherwise i might key the wrong key !
As usual that i will do some reading on the blog and read some funny stuff and I found a interesting video cast by this young guy was sharing about what they usually do during weekend, they have many interesting cast with many ideas, creative and funny stuff, this three guys name Phils, Wes and Ted and they form a team name Wong Fu Production, I was amazed the way they presented the simple way of cooking Ramen with fun ...and the story begin ...
I was scratching my head what can 0.33 cents do nowadays which especially the "havoc" of inflation thingy at the current environment happening in the world !
When we eat outside the cheapest even a glass of plain water also cost us RM0.50cents/GLASS WHICH I Don have to mention other stuff ! Well, actually we can have the cheapest meal At RM0.33cents Ramen by cooking ourself and is fast to cook , nice to eat ...hmmm want more nutrient just add a bit of vege, tofu , meat, spring onion and egg, a perfect meal will be in front of us....yummy
As usual that i will do some reading on the blog and read some funny stuff and I found a interesting video cast by this young guy was sharing about what they usually do during weekend, they have many interesting cast with many ideas, creative and funny stuff, this three guys name Phils, Wes and Ted and they form a team name Wong Fu Production, I was amazed the way they presented the simple way of cooking Ramen with fun ...and the story begin ...
I was scratching my head what can 0.33 cents do nowadays which especially the "havoc" of inflation thingy at the current environment happening in the world !
When we eat outside the cheapest even a glass of plain water also cost us RM0.50cents/GLASS WHICH I Don have to mention other stuff ! Well, actually we can have the cheapest meal At RM0.33cents Ramen by cooking ourself and is fast to cook , nice to eat ...hmmm want more nutrient just add a bit of vege, tofu , meat, spring onion and egg, a perfect meal will be in front of us....yummy
Sunday, April 8, 2012
Brace for hot money outflows
By DANIEL KHOO
danielkhoo@thestar.com.my
KUALA LUMPUR: The trading of shares on Bursa Malaysia and the FTSE Bursa Malaysia KL Composite Index (FBM KLCI), which are close to their all time highs, are prone to a sharp crash should hot money, which have been net buyers of Malaysian stocks for the past six months, liquidate their holdings.
Hot money, also known as foreign purchases into any type of local financial security including equities, can leave for various reasons including any change in the dynamics of the global economy, said OSK Research head of research Chris Eng.
“We believe the hot money that is in the system has already taken into account the risks of any upcoming political risks on the frontier. Thus, any reversal will not be affected much by the general election which is expected to be held soon. However, there will likely be an outflow should global market conditions change and the hot money exits equities and the stock market falls,” Eng said.
“Foreign hot money inflows is a regional phenomenon into Asean stock markets especially in Thailand and the Philippines. I will advise investors to buy on any dips should the FBM KLCI correct 5% or more. This will be a good change to accumulate stocks into your portfolio,” Eng added.
Eng also noted that hot money that has been net buyers on the Bursa Malaysia for the past six months was expected to abate and stop their continued buying moving forward.
Bursa Malaysia's benchmark FBM KLCI, which is trading at near their all-time highs, climbed further yesterday by 5.43 points (0.34%) to 1,598.87 on continued foreign and some local fund buying.
Stock market data released recently showed that hot money inflows continued to flood the country's equity markets for the sixth consecutive month in March pushing the FBM KLCI to its record high at the same time.
Data showed that foreign institutional funds saw net buying of RM3.4bil into the Malaysian stock market last month while local retailers and institutional funds were net sellers selling RM0.6bil and RM2.1bil respectively.
Meanwhile, a RHB Research Institute economics department spokesperson said that hot money in fixed income investments was currently at near its all time historical highs and that when these money flows out, it would mean a weakening of the ringgit and a drop in fixed income securities' prices.
“Investments into fixed income securities totalled RM183bil in February this year, just shy of the historical foreign highs of RM186bil in July last year.
“Any rapid and large withdrawals by foreigners from the system will have a destabilising effect on the market including equities and the ringgit,” the RHB spokesperson said.
“Looking at it historically, a case in point is the most recent outflows which happened when the 2008 subprime property financial crisis unfolded in the United States. There was a continued withdrawal of foreign fund holdings in fixed income securities from RM126bil in April 2008 to RM42bil in March 2009,” RHB said.
The spokesperson noted that during this period of financial outflows, the ringgit had then weakened considerably to RM3.70 per US dollar from RM3.14 in April 2008
http://biz.thestar.com.my/news/story.asp?file=/2012/4/7/business/11063780&sec=business
danielkhoo@thestar.com.my
KUALA LUMPUR: The trading of shares on Bursa Malaysia and the FTSE Bursa Malaysia KL Composite Index (FBM KLCI), which are close to their all time highs, are prone to a sharp crash should hot money, which have been net buyers of Malaysian stocks for the past six months, liquidate their holdings.
Hot money, also known as foreign purchases into any type of local financial security including equities, can leave for various reasons including any change in the dynamics of the global economy, said OSK Research head of research Chris Eng.
“We believe the hot money that is in the system has already taken into account the risks of any upcoming political risks on the frontier. Thus, any reversal will not be affected much by the general election which is expected to be held soon. However, there will likely be an outflow should global market conditions change and the hot money exits equities and the stock market falls,” Eng said.
“Foreign hot money inflows is a regional phenomenon into Asean stock markets especially in Thailand and the Philippines. I will advise investors to buy on any dips should the FBM KLCI correct 5% or more. This will be a good change to accumulate stocks into your portfolio,” Eng added.
Eng also noted that hot money that has been net buyers on the Bursa Malaysia for the past six months was expected to abate and stop their continued buying moving forward.
Bursa Malaysia's benchmark FBM KLCI, which is trading at near their all-time highs, climbed further yesterday by 5.43 points (0.34%) to 1,598.87 on continued foreign and some local fund buying.
Stock market data released recently showed that hot money inflows continued to flood the country's equity markets for the sixth consecutive month in March pushing the FBM KLCI to its record high at the same time.
Data showed that foreign institutional funds saw net buying of RM3.4bil into the Malaysian stock market last month while local retailers and institutional funds were net sellers selling RM0.6bil and RM2.1bil respectively.
Meanwhile, a RHB Research Institute economics department spokesperson said that hot money in fixed income investments was currently at near its all time historical highs and that when these money flows out, it would mean a weakening of the ringgit and a drop in fixed income securities' prices.
“Investments into fixed income securities totalled RM183bil in February this year, just shy of the historical foreign highs of RM186bil in July last year.
“Any rapid and large withdrawals by foreigners from the system will have a destabilising effect on the market including equities and the ringgit,” the RHB spokesperson said.
“Looking at it historically, a case in point is the most recent outflows which happened when the 2008 subprime property financial crisis unfolded in the United States. There was a continued withdrawal of foreign fund holdings in fixed income securities from RM126bil in April 2008 to RM42bil in March 2009,” RHB said.
The spokesperson noted that during this period of financial outflows, the ringgit had then weakened considerably to RM3.70 per US dollar from RM3.14 in April 2008
http://biz.thestar.com.my/news/story.asp?file=/2012/4/7/business/11063780&sec=business
Absolutely Everybody Needs " Energy "...
What is "Energy" ?
In physics, energy (Greek: ἐνέργεια energeia "activity, operation"[1]) is an indirectly observed quantity. It is often understood as the ability a physical system has to do work on other physical systems.[2][3] Since work is defined as a force acting through a distance (a length of space), energy is always equivalent to the ability to exert pulls or pushes against the basic forces of nature, along a path of a certain length.
And what does "Energy" means to you ?
In physics, energy (Greek: ἐνέργεια energeia "activity, operation"[1]) is an indirectly observed quantity. It is often understood as the ability a physical system has to do work on other physical systems.[2][3] Since work is defined as a force acting through a distance (a length of space), energy is always equivalent to the ability to exert pulls or pushes against the basic forces of nature, along a path of a certain length.
And what does "Energy" means to you ?
Wednesday, March 21, 2012
A Trader Mindset ...
After a break of long holiday and i am back to the trading world, the beauty as an trader was i can plan my own holiday whenever i want and i can trade whenever i want, i love reading article, books, blogwalk from one blog to another and etc etc, the recent interesting article was from one of the blog which i find it is a good reflection of a trader, therefore, i attached it for my reference ...
The Self-Education of a Speculator
As a full-time trader, I don’t have a typical job.'' I have a 5-second commute to my home office.'' I wear t-shirts to work!'' There is no boss standing over my shoulder, and the actual trading hours require a relatively brief daily commitment (6.5 hours) as compared to other occupations.'' And I’m thankful for all of it.
The market closes at 3pm for me, offering lots of time to tend to other things – if I so desire.'' However, my desire is to succeed at trading for the long haul, which means I have lofty goals.'' In turn, I’m not the type to walk away when the closing bell rings.'' I work at it every day to improve and educate myself on an ongoing basis.'' I have to stay sharp.
That means I’m reading books, blogs, spending considerable time working the charts in search of what’s working best right now, and of course reviewing my own trades in order to continue learning.
Because successful trading is so much about finding a style that fits your own personality, it is only fitting to investigate what styles exist.'' An energetic and impatient person may want to become a scalper, looking to day trade quick moves within a short timeframe.'' A laid-back trader may prefer a less-intense style like swing trading, taking positions to hold for days or weeks.'' There are many approaches to the market, and finding your own style can come as a result of identifying with the style of another trader.
Raising Your Awareness
The road to expertise isn’t a short one, particularly in trading.'' I’ve been at this long enough to be considered an expert, yet there are still plenty of days where I’m reminded that I sure don’t know it all!'' Trading will humble you like that, but that’s part of it.'' Regardless, here are some ways for you to get educated as you further not only your knowledge but your trading career in the process.
Books
I’ve read a couple hundred of them on trading, and while there’s plenty of worthless paper out there, you can still find some great ones with timeless lessons.'' I think it’s important to continually seek out information, whether it’s new and applicable now or just a lesson to be reminded of (before the market does it for me!).'' Your self-motivation will help you improve, so dig through the classics for starters.'' Mark up the margins, underline the parts which resonate with you, and return to them often.
I particularly like the Market Wizards books by Jack Schwager.'' He profiles traders in all kinds of markets (bonds, equities, options, futures, mutual funds) and of all timeframes.'' Yet despite their differences, all are highly successful.'' The interview format he utilizes gets you in the minds of these great traders, offering countless lessons.'' (I regularly visit TraderInterviews for the exact same reason).'' Every good trader trades in accordance with their personality, as we all should.
The newest book I would highly suggest is One Good Trade, which is the best trading book I’ve read in a long time.'' Bella covers it all and overlays his lessons with a variety of trading characters (based on real people), which helps drive the lessons home that trading is all about performance, adaptation, learning, and having the right mentality.'' Once I started it, I couldn’t set it down, and I’ve re-read it since
Blogs
Reading posts like this one can’t help but to expand your knowledge and open your mind up to some new possibilities.'' There are countless blogs on trading, but there are some good ones.'' Hunt for those which offer whatever it is you’re lacking….encouragement, psychological lessons, trade reviews, sector snapshots, news on industry developments, interviews, trading videos, etc.
If you’re willing to get honest with yourself and figure out what you’re lacking, you can find some blogs to visit regularly as resources.'' Just be sure they’re written by traders, honest, and not wasting your time, as there’s no shortage of distractions out there that won’t help you grow at all.
Results
If you don’t track your own trades, start yesterday!'' You can record your trading via screen-capture software, but even a journal or simply a grid outlining entries, exits, holding times, patterns, trade context and objectives will shed more light on your trading than you can imagine.'' As you collect results, start to compile them.'' I did this for the first few years of my trading, until I really understood what I was doing, and it helped me assess my strengths and weaknesses.'' Monthly, I’d review my results and calculate statistics which gave me plenty to work on.
You just can’t argue with data!'' Getting mixed results? It may be time to make an adjustment.'' Figure out how your wins and losses stack up against each other, as that’s a great starting point.'' Over time as you endure periods of profits and pain, you have stats to compare against and you can more readily see when something is out of line.
Premium Services
I’d be leaving a huge part of the mix out if I ignored premium services in the education process.'' Early on, I subscribed to a number of sites while I figured out my own style.'' Once I got to the point where I had my own opinion, I knew I had learned enough to need them no more.
Here at TheStockBandit, we offer a nightly stock pick service outlining my own trading plan for tomorrow, which some use to generate trade ideas and others use as a learning tool to see why I plan to take each trade (since each are explained).
We also offer stock trading courses in a video-on-demand format.'' The trading courses explain everything I know about trading, making them an incredibly valuable resource to return to over and over (depending upon current conditions in the market), helping traders see a huge variety of trade types and which kinds of market conditions are well-suited to those plays.
And while I’m certainly proud of and stand behind what we offer, there are plenty of others to choose from which are produced by legit people with a lot to teach you.'' If you want to accelerate your learning curve and truly build your skill set, let someone help you who has done it.
You Get What You Give
If trading is your job or a part-time endeavor you’re passionate about, recognize that your level of effort in the growth process is going to be reflected in the results you get.'' Be willing to apply yourself regularly as you learn more about not only the market, but yourself.
Staying educated and keeping a learning mindset is going to eliminate mistakes as well as some big disadvantages you currently face if you’re halfway new at this.'' As you make that a habit over time, it’s going to continue to pay off in a number of ways.'' Become a complete trader and commit to educating yourself.'' You won’t regret it.
Trade Like a Bandit!
Jeff White
No matter who are we or what we do, either we are in the business, trader nor entrepreneur,an employer or employee, a professional or a student, we need to have a great passion on what we do, it was the passion that drived us for extra miles ...enjoy reading , Happy Trading and Cheers ...
The Self-Education of a Speculator
As a full-time trader, I don’t have a typical job.'' I have a 5-second commute to my home office.'' I wear t-shirts to work!'' There is no boss standing over my shoulder, and the actual trading hours require a relatively brief daily commitment (6.5 hours) as compared to other occupations.'' And I’m thankful for all of it.
The market closes at 3pm for me, offering lots of time to tend to other things – if I so desire.'' However, my desire is to succeed at trading for the long haul, which means I have lofty goals.'' In turn, I’m not the type to walk away when the closing bell rings.'' I work at it every day to improve and educate myself on an ongoing basis.'' I have to stay sharp.
That means I’m reading books, blogs, spending considerable time working the charts in search of what’s working best right now, and of course reviewing my own trades in order to continue learning.
Because successful trading is so much about finding a style that fits your own personality, it is only fitting to investigate what styles exist.'' An energetic and impatient person may want to become a scalper, looking to day trade quick moves within a short timeframe.'' A laid-back trader may prefer a less-intense style like swing trading, taking positions to hold for days or weeks.'' There are many approaches to the market, and finding your own style can come as a result of identifying with the style of another trader.
Raising Your Awareness
The road to expertise isn’t a short one, particularly in trading.'' I’ve been at this long enough to be considered an expert, yet there are still plenty of days where I’m reminded that I sure don’t know it all!'' Trading will humble you like that, but that’s part of it.'' Regardless, here are some ways for you to get educated as you further not only your knowledge but your trading career in the process.
Books
I’ve read a couple hundred of them on trading, and while there’s plenty of worthless paper out there, you can still find some great ones with timeless lessons.'' I think it’s important to continually seek out information, whether it’s new and applicable now or just a lesson to be reminded of (before the market does it for me!).'' Your self-motivation will help you improve, so dig through the classics for starters.'' Mark up the margins, underline the parts which resonate with you, and return to them often.
I particularly like the Market Wizards books by Jack Schwager.'' He profiles traders in all kinds of markets (bonds, equities, options, futures, mutual funds) and of all timeframes.'' Yet despite their differences, all are highly successful.'' The interview format he utilizes gets you in the minds of these great traders, offering countless lessons.'' (I regularly visit TraderInterviews for the exact same reason).'' Every good trader trades in accordance with their personality, as we all should.
The newest book I would highly suggest is One Good Trade, which is the best trading book I’ve read in a long time.'' Bella covers it all and overlays his lessons with a variety of trading characters (based on real people), which helps drive the lessons home that trading is all about performance, adaptation, learning, and having the right mentality.'' Once I started it, I couldn’t set it down, and I’ve re-read it since
Blogs
Reading posts like this one can’t help but to expand your knowledge and open your mind up to some new possibilities.'' There are countless blogs on trading, but there are some good ones.'' Hunt for those which offer whatever it is you’re lacking….encouragement, psychological lessons, trade reviews, sector snapshots, news on industry developments, interviews, trading videos, etc.
If you’re willing to get honest with yourself and figure out what you’re lacking, you can find some blogs to visit regularly as resources.'' Just be sure they’re written by traders, honest, and not wasting your time, as there’s no shortage of distractions out there that won’t help you grow at all.
Results
If you don’t track your own trades, start yesterday!'' You can record your trading via screen-capture software, but even a journal or simply a grid outlining entries, exits, holding times, patterns, trade context and objectives will shed more light on your trading than you can imagine.'' As you collect results, start to compile them.'' I did this for the first few years of my trading, until I really understood what I was doing, and it helped me assess my strengths and weaknesses.'' Monthly, I’d review my results and calculate statistics which gave me plenty to work on.
You just can’t argue with data!'' Getting mixed results? It may be time to make an adjustment.'' Figure out how your wins and losses stack up against each other, as that’s a great starting point.'' Over time as you endure periods of profits and pain, you have stats to compare against and you can more readily see when something is out of line.
Premium Services
I’d be leaving a huge part of the mix out if I ignored premium services in the education process.'' Early on, I subscribed to a number of sites while I figured out my own style.'' Once I got to the point where I had my own opinion, I knew I had learned enough to need them no more.
Here at TheStockBandit, we offer a nightly stock pick service outlining my own trading plan for tomorrow, which some use to generate trade ideas and others use as a learning tool to see why I plan to take each trade (since each are explained).
We also offer stock trading courses in a video-on-demand format.'' The trading courses explain everything I know about trading, making them an incredibly valuable resource to return to over and over (depending upon current conditions in the market), helping traders see a huge variety of trade types and which kinds of market conditions are well-suited to those plays.
And while I’m certainly proud of and stand behind what we offer, there are plenty of others to choose from which are produced by legit people with a lot to teach you.'' If you want to accelerate your learning curve and truly build your skill set, let someone help you who has done it.
You Get What You Give
If trading is your job or a part-time endeavor you’re passionate about, recognize that your level of effort in the growth process is going to be reflected in the results you get.'' Be willing to apply yourself regularly as you learn more about not only the market, but yourself.
Staying educated and keeping a learning mindset is going to eliminate mistakes as well as some big disadvantages you currently face if you’re halfway new at this.'' As you make that a habit over time, it’s going to continue to pay off in a number of ways.'' Become a complete trader and commit to educating yourself.'' You won’t regret it.
Trade Like a Bandit!
Jeff White
No matter who are we or what we do, either we are in the business, trader nor entrepreneur,an employer or employee, a professional or a student, we need to have a great passion on what we do, it was the passion that drived us for extra miles ...enjoy reading , Happy Trading and Cheers ...
Monday, February 27, 2012
DRBHCOM - The "When" and The "How" ?
DRBHCOM i had observed the chart momentum recently, Another "Dark Horse" this one was Foreign and Local Fund Manager favourite "horse" .. "How" do we know that it was the Fund Manager and also many investor, trader and retailer favourite "horse" ? We will noticed from the Newspaper, forum, blog and etc etc which post their "Target Price" which means they already had accumulate slowly when the price decline (Note: decline almost 22% !), then "How" to judged that whether this "Horse" are ready to "run" ?
"When" was the right time to enter and ride with the trend ? We can clear our doubt with reading the chart pattern as follows :-
1) Bullish Harami Cross - The Bullish Harami Pattern is not a major reversal pattern, however, IS A MAJOR UPSIDE REVERSAL PATTERN. Short traders will not be wise to ignore the significance of a harami cross just after a long black candlestick.
2) Bullish Inverted Hammer - Bullish verification on the day following the inverted hammer is required. This verification can be in the form of the next day opening above the inverted hammer's real body. The larger the gap the stronger the confirmation will be. A white candlestick with higher prices can also be another form of confirmation.
3) RSI was touching 30
4) Stochastic was oversold which is below 20%
One more important question to ASK ourselves was "When" to "Exit", therefore, we must have our own trading plan before enter any trade which means the "Target Buy" and "Target Sale", cut loss if the trending was against our target. (Note: Strong support at RM2.49 AND Resistance at RM3.20) ...enjoy your trading and good luck !
(Note: This is NOT A BUY/SALE CALL, the writeup was for my own pleasure reading and reference, its your own money, is your own responsibilities for your own action, trade at your own risk.)
The Epic Legend -enjoy the beat ...
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