On last week wednesday we posted a blog here to alert readers that the market is falling soon. ( blog link : https://klse.i3investor.com/blogs/roundnsurge/148989.jsp). In fact if you have follow us earlier, we have mentioned in our weekly market POV webinar 3 weeks ago that the operators are back to attract more buyers for them to take profit on their holdings.
We do received some comments personally that asking why do we have to create panic in the market. But we know what we are doing, our intention is not to create fear to the market. We are sharing out our findings to the market to have lesser traders or investors get stuck in a bad market where they will lose their hard earn money.
Our intention is to help market participants, apart from looking for the right stocks and also avoid entering into a losing trades.
Today FBMKLCI closed at 1,842.62 with a -0.72% drop. Since last week Friday we do not have any holdings in stocks, except for FBMKLCI Put Warrant. Because our data shows that the market big boys are selling with Pump and Dump & there wasn't any stocks shows that any stocks that is willing to push higher last friday. Therefore we decided to add our position in Put Warrant.
The next question you will most probably ask us now is, "How far will it drop?, At what price is the support?". We are very sorry to say we don't know. What makes us different from others are the things we look at is completely different. The 1st theory for our analysis is "Never predict the future, but react to the market." Therefore, we do not know how far is it going to drop, but we will continue to monitor and if we find the big boys are coming back in together then we will close our Put Warrant position and jump into Call warrant.
Every traders in the market should practice this theory, always listen to the market, don't help the market to say things such as where is the support or how far it will go. That's how we are able to generate consistent profit from the stock market by following the big boys.
Although the market was abit shaky and many stocks are falling in February but we are able to generate 10.81% from our capital of RM 70,000 since February up until today.
Is not difficult to achieve consistent profit in the stock market, especially Malaysia market. Just that many traders in the market are used to finding the real confirmation with indicators and resistance breakout or support rebound and it often enter into a stock late or predict too much about the outcome which lead to gambling.
Find out more about how we track big boys effectively in our Facebook and YouTube Channel :
This blog is for sharing our point of view about the market
movement and stocks only. It is not and advice or recommendation to buy
or sell financial instrument. Viewers and readers are responsible on
your own trading decision. The author of this blog are not liable for
any losses incur by any investment or trading.
