In Trigger Point system, we have 2 stratergies of investment , there are bull run(Uptrend) stratergy and Bear run stratergy (Down trend) . We will base on the Bull Bear index to indetify the current market and apply the correct stratergy.
The Bull run Stratergy and the Bear run stratergy there are some difference in term of Technical analysis application and fund management application.
Our portfolio in this down turn as follow;
1)ETITECH bought on 31May06 at the price RM1.08
2)Waseong bought on 2Jun06 at the Price RM2.47
15 comments:
To the reader who visit my blog,
Pls share your investment stratergy and we can discuss , is good for you to improve your stratergy. Remember, the improvement on your investment is for your ownself , not for others, you will success because you have a investment plan rather than you have nothing plan.
In the last bull run (Feb to May), i admit , i have committed some failure on my trading . I have list out the failure and has found the corrective action against my failure . I will not allow such mistake happen again. I need to improve , "continue improvement" is the way of life.
I personally think, the main failure is " you donot know what is your failure" and you continue to follow the failure , and at the end of the day , you will be out of this game. The market is realistic , if you without capital, you are not able to join the game.
hi sagil,
It's kind of generous when u share yr trading strategy with the rest. As to make further discussion possible, why dont u list down the reason for you purchase on yr stock. Currently, there is only information stating that TPS system but never any rationale behind it (except mentioning on volume price etc).
It will be helpful if more information can be provided.
hhc1977,
Yes, i remember, i owe you an answer on last time , how to read the bull run. For me , i would use my Bull bear index to tell me where is the market is , this index will be a neutral indicator, it is not bias to Composite index or any specified counter. beside of this indicator , we also look at the current higher-Low is higher than last time higher-high. as for the stock selection we look at the how the price and volume formation, our believe is the price is always ahead the volume , therefore i always say 'Price is momentum" and volume is his cousin.
sagil,
I m of opposite view with you on price and volume. Volume will always preceed price movement. Imagine u r a big synd who thinks that ABC share is under value. In order to make money, u must load with the share as cheaply as possible (one way to do this is to prevent chartist like us in noticing it , aka low vol and price). After u have loaded with the share, u have to mark it up either wholely by yr own thru publication of good news or rumor.
How to let ppl know that the share is ripe for up -trend? What is the better way than print a bullist chart patter thru price n volume spike? At this state, almost all the floating chips were oredi at the strong hand. There will be no trouble in marking it up easily. At this state, chartist will join the fray as the vol and price is trending up. After then, it will be distribution phase.
So, volume will always preceed significant price movement. Of course at the mark up phase, the vol will become bigger as they need to create this vol to entice ppl. Most of the time, it will be dist phase and the risk n reward ratio wont be enticing, at least to me.
hhc,
If i were the syndicate,in order not to let the crowd know i am accumulalting , i will accumulated most of the stake during low price with low volume.And i will make an agreement with the company owner. At the stage that i have accumulated enough stake , i will push up the price and to let the crowd know that this is the potential counter, some ppl like chartist, they will base on their chart to follow in and some ppl who see the price rise up so easily, their greed push them to join in, of course at that moment you can see the volume coming. The greed will push the price and the volume to higher and higher level. that is my opionion why the price will come first before the volume, the behind theory is to let the crowd to join in the game and the actual high volume is created by the crowd.
Like the recent case , if we use the normal Chartist theory buy in the break out in the counter IFCA , SYF , dialog and etc , we will facing a lot of wrong signal which is after buying at high price and immedaitely we need to cut loss. If you really think of the relationship between price and volume , the above wrong signal counter can be avoided. TPS has created its volume and price relationship to filter out the wrong signal. for example, for the Waseong , you will be able to see its strength to goes higher, it will attract crowd to join in the game.
sagil,
There are many ways to do mark up phase. Some of the examples are nothing short of fly by nite event.
For me, i dont go for this kind of short term relationship. It's simply too high risk.
If u buy all those showing price and volume breakout, you wont make money in BSKL. Bursa is not a charitable org.
"price will come first before the volume,"
Before the markup phase, there will always be somthing important happen in volume. This wave count is at the wave 2 before the explosive wave 3. The reward is worth a bet.
Just my 2 sen
hhc,
There are a lot of method that we can apply in the Bursa malaysia, either we apply TA or FA ,we can be short term, intermediate term or long term investor.
The most importance thing is that, the system you have choosen is suitable to your personal charater, For my method (trigger point system)is belong to TA and short term investment ( 1day to 3 months) , i choosen to be that way is because i want to see the result fast.
every system has it strength and weakness, as long as we can see the both thing and manage well, it will increase our accuracy. the ultimate goal is to have a system is to help to make money.
hhc,
is nice to talk to you, at least i am not always given the idea here but received idea from you, welcome your comment and might lead me to learn some thing new.
sagil,
Learning is a never ending process. After all this while, it's back to square one to me. It's still the price and volume that matters most.
i do concur with your rationale behing eti and waseong. but for waseong, the friday relatively high vol ready makes me nervous. But with its long base before this, hopefully it can hit the price target in relative short tiime. All the best.
hhc,
Thanks for the feedback, for trigger point system, i have the time pattern can track how the price movement for these kind of counter, any abnormality , of course we need to cut loss or profit taking.
so, hhc1977, do you monitor any counter ? may be i can learn some knowledge from you.
sagil,
i dont discuss my selection publicly. I have my own criteria which suited my trading activity which is my part time hobby.
So far, i m still happy with the system.
the keys for me is price and volume.
Post a Comment