Officially Launch

My website is still under construction but the blog is ready. This blog will be stop updating from now. Kindly click on the link below to redirect to my new blog.

ZMing's Blog

BIMB : ALL TIME HIGH!!!!!

Everyone, current price for BIMB is RM2.95. If all of you really follow me to buy in, now should have 20% of profit!!!

Set your exit point at RM2.90 to protect your profit. Since we have earn around 10% from MAS and maybe 20% from BIMB.  We can rest for awhile to stay out from market 1st. Greece Election is in the corner!!!

Happy Trading and get a better life :-)

Blog Migration

Thanks for everyone who support me. I have decided to migrate this blog to my personal website. It will be launch on next week. Currently I am busy to setting up my own website. Everyone please rest for awhile 1st. Happy trading!!!!

**Only sell BIMB if it drop below RM2.75

Set Exit Level. Profit Protection and Capital Protection

Most of people are still holding BIMB from RM2.45 until now. Current price RM2.73. Profit around 10%. When to let it go? Harvest Time?

We do not know where is the peak, we only know that the uptrend still there. For this moment, we have to set our bottom line. Protect our profit 1st. For me, I will set the exit level at RM2.67, around 8% profit. If the price drop until RM2.67, I will harvest it.

How about if the price goes up until 20%? Just set your exit level higher, maybe 16%. Then we just Hit and Run!!

In the other way, if we bought a stock at RM1.00. After we bought it, it start to drop. We also need to set the exit level, cut loss, to protect our capital. How many % should we cut loss? Ideal way is 8%-10%. Remember, we must protect our capital/bullet only we can continue for our trading/battle.

Please apply this rule for every stock that you are holding.

BIMB, HapSeng, JCY

BIMB:

My 1st pick for Finance sector. I think most of you have make at least 10% profit from this stock if you follow exactly my portfolio. Very nice chart. Uptrending, small correction, rebound, and now look like another wave for uptrend. I did not see any exit signal now, so do not sell it, if you want, can buy in also.

HapSeng:

Volume comes in, long up bar, golden cross. Just monitor it.

JCY:

This stock again, for IT sector, I really like this stock. Volume look good, MACD look good. Get ready for this.

Confusing!!!

Our market is really very interesting, have it own style, not behave like the other market. That's why it is making me confusing now!!!

1st half of this year 2012, KLCI is in uptrend and currently look like a sideways. If it can break the 1583 resistant, the "Force" will come again. But if it break 1545 support level, then the story end.

Investment

What is an investment?

"Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time. In contrast putting money into something with an expectation of gain without thorough analysis, without security of principal, and without security of return is speculation or gambling. As such, those shareholders who fail to thoroughly analyze their stock purchases, such as owners of mutual funds, could well be called speculators. Indeed, given the efficient market hypothesis, which implies that a thorough analysis of stock data is irrational, all rational shareholders are, by definition, not investors, but speculators." -- Wikipedia

Below is ZMing version:

Investment is an activity that grow your "Money", expand your "Money's Family Member". Do not always keep your Money into a room, there have a huge Monster called "Inflation"!!!

So what should we do?

Let your Money go out and meet some new Friends, hang out with them. When they are getting closer, your Money will bring back his girlfriend to meet you because they plan to get married. Now is your turn to interview that girlfriend! What is her background, Education level, Personal Character, or even her body shape or appearance. If you go thru this analysis, you might get a daughter-in-law and your Money' Family Member are become bigger! Else, if the girlfriend is not suitable for your Money, do not allow them get married!!! You will lose your Money!!!

The most important thing is, Polygamy is allowed in the investment activity!!!

轻松一下，来句语录吧

Major Correction

Most of the market is under major correction now. Many bear are running around. So scary~~~~

Dow Jones:

S&P 500:

NYSE :

Strait Times:

Nikkei:

ShangHai Stock Exchange:

Hang Seng:

A correction is a short term price decline of 5% to 20% or so. A correction is either a downward movement or a side way movement. Just like human, after we climb up high, we need take some time to have a rest, either lying down or walk slowly.

Currently the market is waiting to know the result for an event, Greece Election. It will have a HUGE impact to the market, whether BULL or BEAR.

Friendly advice, better stay out from the market.

Take a look for this indices, any comment?

Sicked!!

Sorry for the late update. I was sicked and busy with my app's idea. It's a very nice weekend, I have finish the iPhone Apps workshop and really know how to get involved into the circle. Next workshop waiting for me is the Internet Marketing by Jaz Lai. I have heard many good comments about him, hope that he can bring me to his world.

Let's have a quick look of our market, same like me, sicked!! Do you noticed the Doji Star?

MACD is going to cross, stochastic is very bad and dangerous. Since the market is no bearish now, I really hard to recommend any stock that qualified to enter to our watch list. Maybe can try this one, JCY. Every time market drop, most of the time the stock is against the trend. Any warriors wanna try it? For me, I rather stay out from this market.