Quote
WITHOUT DISCIPLINE YOU CANNOT ACHIEVE SUCCESS, IN ANY FIELD
Sunday, December 30, 2012
Tan Sri Syed Mokhtar Al Bukhari's Empire
Malaysia's economic pulse control almost in the famous Malaysian entrepreneurs Tan Sri Syed Mokhtar Al-Bukhary, the situation is staggering.
Indigenous entrepreneurs, the Kedah educated only up to Form 5, in fact very good at dealing with the BN government, gradually moving towards the acquisition of the national government-linked companies shares from his enterprise, his control of the industry is too numerous to cite it in Malaysia the economy plays a pivotal role.
Syed Mokhtar's business empire is a core of four listed companies, in turn, are the shareholding of 51.8% MMC institutions, holding 55.9% equity interest in the diversified heavy industry (DRB Hicom), holding 43% of the trade winds (TRADEWINDS (M) Bhd) and has a 71.5% equity interest in the the trade wind institutions (Tradewinds Corp).
Below are Tan Sri Syed Mokhtar in power large group:
1 Executive Chairman - Malaysia Mining Corporation Bhd
2 Chairman - Pernas Bhd
3 Executive Chairman - Tradewinds Bhd
4 Chairman - Malakoff Bhd
5 Chairman - Bernas Bhd
6 Executive Chairman - DRB-Hicom Bhd
7 Executive Chairman - Proton Bhd
8 Johor Port Bhd
9 Chairman - Bank Muammalat Bhd
S P Setia Bhd (SETI.KL)
Overview:
S P Setia Berhad is an investment holding company.
The Company is engaged in business as building contractors. The Company operates in three segments: property development, which consists of property development; construction, which includes building and infrastructure construction, and others, which includes manufacturing, trading and investing.
Its subsidiaries engaged in property development, project management, club operation, prefabrication, installation, sale of wood products and provision of kiln dry services, provision of security services and contractor for home automation and alarm systems, among others.
On June 27, 2012, the Company incorporated, S P Setia Property Services Sdn Bhd, as its wholly owned subsidiary.
In July 2012, the Company and Sime Darby Berhad bought London's Battersea power station.
On July 9, 2012, it acquired 100% interest in Flexrise Projects Sdn Bhd and Pelita Mentari Sdn Bhd.
On September 10, 2012, the Company acquired Ivory Paragon Sdn Bhd.
The Company is engaged in business as building contractors. The Company operates in three segments: property development, which consists of property development; construction, which includes building and infrastructure construction, and others, which includes manufacturing, trading and investing.
Its subsidiaries engaged in property development, project management, club operation, prefabrication, installation, sale of wood products and provision of kiln dry services, provision of security services and contractor for home automation and alarm systems, among others.
On June 27, 2012, the Company incorporated, S P Setia Property Services Sdn Bhd, as its wholly owned subsidiary.
In July 2012, the Company and Sime Darby Berhad bought London's Battersea power station.
On July 9, 2012, it acquired 100% interest in Flexrise Projects Sdn Bhd and Pelita Mentari Sdn Bhd.
On September 10, 2012, the Company acquired Ivory Paragon Sdn Bhd.
Trading Plan:
1) Trendline - Sideways with price ranges from RM2.99 to RM3.17
2) Volume: High
3) MACD: Green (Positive>Bullish)
1) Trendline - Sideways with price ranges from RM2.99 to RM3.17
2) Volume: High
3) MACD: Green (Positive>Bullish)
4) Smoothed RSI : At 45.2%. Still in standby waiting to break up or below 50%.
Trading Plan 1:
Entry: RM 3
Profit: RM 3.15
Trading Plan 2:
Entry: RM 3.20
Profit: RM 3.40
Scenarios Analysis:
1)
5) Support/Resistance - Sideways
6) Beta: 1.24
7) Candlestick -
8) Pattern - 7) Candlestick -
Trading Plan 1:
Entry: RM 3
Profit: RM 3.15
Cut loss: RM 2.95
RRR (Risk to Reward Ratio)> 1 : 3
Trading Plan 2:
Entry: RM 3.20
Profit: RM 3.40
Cut loss: RM 3.15
RRR (Risk to Reward Ratio)> 1 : 4
Scenarios Analysis:
1)
Tok
MMC Corporation Bhd (MMCB.KL)
Overview:
MMC Corporation Berhad (MMC) is an investment holding company. It is engaged in construction, mining and mineral exploration. Its segments include, transport and logistics, which derives revenue from ports; energy and utilities, which derives revenue mainly from electricity generation (Energy), supply of natural gas (Gas) and water treatment business (Utilities); engineering and construction, which derives revenue from infrastructure and construction projects, and others, which include investment holding and airport operations.
MMC has a 20% interest in the Red Sea Gateway Terminal, which operates a container terminal at Jeddah Port.
In March 2012, its Malakoff International Limited disposed its entire interest in ACWA Power Jordan Generation Limited.
In May 2012, it announced that Malakoff International Limited, a wholly owned subsidiary of its 51%-owned subsidiary Malakoff Corporation Berhad acquired IP Middle East Holding Company Limited from International Power Holdings Limited.
MMC has a 20% interest in the Red Sea Gateway Terminal, which operates a container terminal at Jeddah Port.
In March 2012, its Malakoff International Limited disposed its entire interest in ACWA Power Jordan Generation Limited.
In May 2012, it announced that Malakoff International Limited, a wholly owned subsidiary of its 51%-owned subsidiary Malakoff Corporation Berhad acquired IP Middle East Holding Company Limited from International Power Holdings Limited.
Trading Plan:
1) Trendline - Sideways with price ranges from RM2.60 to RM2.73
2) Volume: High
3) MACD: Green (Positive>Weak Bullish)
1) Trendline - Sideways with price ranges from RM2.60 to RM2.73
2) Volume: High
3) MACD: Green (Positive>Weak Bullish)
4) Smoothed RSI : Stagnant and hovering above 30%. Still in standby waiting to break up or below 50%.
Entry: RM 2.75
Profit: RM 3.08
Scenarios Analysis:
1) Syed Mokhtar's counter Still lagging...DRBHICOM up >11% in 2 days!
5) Support/Resistance - Sideways
6) Beta: 1.25
7) Candlestick -
8) Pattern - 7) Candlestick -
Entry: RM 2.75
Profit: RM 3.08
Cut loss: RM 2.60
RRR (Risk to Reward Ratio)> 1 : 2
Scenarios Analysis:
1) Syed Mokhtar's counter Still lagging...DRBHICOM up >11% in 2 days!
Tok
Saturday, December 29, 2012
Waiting for the Last Trading Day in Year 2012!
[FBM KLCI hits all-time high]
The FTSE Bursa Malaysia KLCI Index (FBM KLCI) closed at an all-time high of 1,681.33 points yesterday, courtesy of global inflows into Asia and window dressing activities in local funds.
The local benchmark index also recorded an intra-day high of 1,686.70 points. It closed 7.17 points, or 0.25%, higher to 1,681.33.
Interpacific Research head Pong Teng Siew:
>>According to past patterns, the market should be sustainable until as late as the second week of January.
>>The market would most probably see a slight dip before it started rising again on a Chinese New Year rally.
Lowest RSI: 17.8%;
Lowest:1512.54 at 3 Jan, Highest: 1686.7 at 28 Dec
Lowest:1512.54 at 3 Jan, Highest: 1686.7 at 28 Dec
But FBMSCAP is not doing very well but it goes bearish in 2012 since 13 Feb 2012. Hence, who actually earns $$ from stock market?
Tuesday, November 27, 2012
Petronas Chemicals Group Bhd (PCGB.KL)
Overview:
Petronas Chemicals Group Berhad (PCG) is an investment holding company. PCG is an integrated chemicals producer in Malaysia.
The Company operates in three segments: Olefins and Derivatives, Fertilisers and Methanol and Others.
Olefins and Derivatives activities include the supply and trading, manufacturing, marketing and transportation of a range of olefin and polymer products, from ethylene and propylene, which are used as basic feedstock for other products, to intermediate products, such as ethylene oxide, ethylene glycol, butanol chemicals, as well as various ethylene oxide derivatives, including basic high performance chemicals.
Fertilisers and Methanol activities include producing and selling methanol and a range of nitrogen, phosphate and compound fertilizers.
Others include other businesses that support the petrochemicals’ business operations.
PCG has three manufacturing complexes in Gurun, Bintulu and Labuan that produce fertilizers and methanol product.
The Company operates in three segments: Olefins and Derivatives, Fertilisers and Methanol and Others.
Olefins and Derivatives activities include the supply and trading, manufacturing, marketing and transportation of a range of olefin and polymer products, from ethylene and propylene, which are used as basic feedstock for other products, to intermediate products, such as ethylene oxide, ethylene glycol, butanol chemicals, as well as various ethylene oxide derivatives, including basic high performance chemicals.
Fertilisers and Methanol activities include producing and selling methanol and a range of nitrogen, phosphate and compound fertilizers.
Others include other businesses that support the petrochemicals’ business operations.
PCG has three manufacturing complexes in Gurun, Bintulu and Labuan that produce fertilizers and methanol product.
Petronas Chemicals Group Bhd |
Trading Plan:
1) Trendline - Broke below the 20MA >Downtrend line (Bearish)
2) Volume: High but price went down >Price Volume Divergence3) MACD: Red (Negative>Bearish)
1) Trendline - Broke below the 20MA >Downtrend line (Bearish)
2) Volume: High but price went down >Price Volume Divergence3) MACD: Red (Negative>Bearish)
4) Smoothed RSI : Break below 31%. (Oversold)
Entry: RM 6.03,
Tok
5) Support/Resistance - Formed lower low (Bearish)
6) Beta: Nil7) Candlestick - Bearish Identical Three Black Crows [ a)Three consecutive long black days with lower closes each day. b)Each day opens at the previous day's close.]
8) Pattern - ReversalEntry: RM 6.03,
Cut loss: RM 5.91
Profit: RM 6.39
RRR (Risk to Reward Ratio)> 1 : 3Tok
Rimbunan Sawit Bhd (RIMB.KL)
Overview:
Rimbunan Sawit Berhad (RSB) is engaged in the business of investment holding and the provision of management services. The Company through its subsidiaries is engaged in cultivation of oil palms. It is a palm oil producer and processor of crude palm oils and oil palm seeds.
During the year ended December 31, 2011, the Company acquired 100% interest in Burung Tiong Helicopter Sdn Bhd.
As of December 31, 2011, the Company owns approximately 91,793 hectares (ha) of plantation land in Miri, Kuching and Sibu, Sarawak.
During 2011, the Company acquired an additional 15% interest in Nescaya Palma Sdn Bhd (NPSB), Woodijaya Sdn Bhd (Woodijaya), Novelpac-Puncakdana Plantation Sdn Bhd (Novelpac) and PJP Pelita Biawak Plantation Sdn Bhd (Biawak).
On December 30, 2011, the Company acquired a parcel of land with oil palm plantation from Sheba Resources Sdn Bhd.
In July 2012, the Company acquired RSB Palm Oil Mill Sdn. Bhd.
During the year ended December 31, 2011, the Company acquired 100% interest in Burung Tiong Helicopter Sdn Bhd.
As of December 31, 2011, the Company owns approximately 91,793 hectares (ha) of plantation land in Miri, Kuching and Sibu, Sarawak.
During 2011, the Company acquired an additional 15% interest in Nescaya Palma Sdn Bhd (NPSB), Woodijaya Sdn Bhd (Woodijaya), Novelpac-Puncakdana Plantation Sdn Bhd (Novelpac) and PJP Pelita Biawak Plantation Sdn Bhd (Biawak).
On December 30, 2011, the Company acquired a parcel of land with oil palm plantation from Sheba Resources Sdn Bhd.
In July 2012, the Company acquired RSB Palm Oil Mill Sdn. Bhd.
Rimbunan Sawit Bhd |
Trading Plan:
1) Trendline - Broke below the 20MA >Downtrend line (Bearish)
2) Volume: High but price went down >Price Volume Divergence3) MACD: Green (Positive>Bullish)
1) Trendline - Broke below the 20MA >Downtrend line (Bearish)
2) Volume: High but price went down >Price Volume Divergence3) MACD: Green (Positive>Bullish)
4) Smoothed RSI : Stagnant and hovering above 30%. Still in standby waiting to break up or below 31%. (Oversold)
Entry: RM 0.90,
Scenarios Analysis:
1) Break above 0.92 on the next following day
2) Retrace to 0.88 and then incline back to test the 0.92
3) Break below 0.88 and negate the ascending triangle pattern
5) Support/Resistance - Formed higher low and higher high (Bullish)
6) Beta: 1.567) Candlestick - Strong hammer on the bottom triangle.
8) Pattern - Ascending triangle. If break above from 0.92 , the TP for this pattern is 1.00 (8.7%)Entry: RM 0.90,
Cut loss: RM 0.88
Profit: RM 0.94 or RM 1.00
RRR (Risk to Reward Ratio)> 1 : 2 or 1:5Scenarios Analysis:
1) Break above 0.92 on the next following day
2) Retrace to 0.88 and then incline back to test the 0.92
3) Break below 0.88 and negate the ascending triangle pattern
Tok
Friday, November 23, 2012
Parkson Holdings Bhd (PRKN.KL)
Overview:
Parkson Holdings Berhad is an investment holding company engaged in the operations of the Parkson brand department stores.
On March 15, 2012, the Company announced that Shanghai Hongqiao Parkson Development Co., Ltd., a wholly owned subsidiary of Parkson Retail Group Limited, which in turn is a 51.53% owned subsidiary of the Company incorporated Changzhou Shishang Parkson Retail Development Co., Ltd.
In April 2012, the Company, through it indirectly owned subsidiary, Xi'an Lucky King Parkson Plaza Co., Ltd., incorporated Shanxi Parkson Retail Development Co., Ltd.
On August 30, 2012, the Company announced that its wholly owned subsidiary, Dyna Puncak Sdn Bhd, acquired Magna Rimbun Sdn Bhd.
On March 15, 2012, the Company announced that Shanghai Hongqiao Parkson Development Co., Ltd., a wholly owned subsidiary of Parkson Retail Group Limited, which in turn is a 51.53% owned subsidiary of the Company incorporated Changzhou Shishang Parkson Retail Development Co., Ltd.
In April 2012, the Company, through it indirectly owned subsidiary, Xi'an Lucky King Parkson Plaza Co., Ltd., incorporated Shanxi Parkson Retail Development Co., Ltd.
On August 30, 2012, the Company announced that its wholly owned subsidiary, Dyna Puncak Sdn Bhd, acquired Magna Rimbun Sdn Bhd.
Trading Plan:
MACD: Red
Smoothed RSI : At 33.3%
Support: RM 4.30
Volume: Low
Beta: 1.16
Trading Plan:
Buy at RM 4.52,
cut loss at RM 4.38 and
take profit at RM 4.99 (MAY QUEUE AT RM 4.30)
RRR 1 : 3
Smoothed RSI : At 33.3%
Support: RM 4.30
Volume: Low
Beta: 1.16
Trading Plan:
Buy at RM 4.52,
cut loss at RM 4.38 and
take profit at RM 4.99 (MAY QUEUE AT RM 4.30)
RRR 1 : 3
Tok
Friday, November 16, 2012
Johore Tin Bhd (JHTN.KL)
Overview:
Johore Tin Berhad is a Malaysia-based company engaged in investment holding and provision of management services.
The Company operates in two segments: Tins and cans, and Foods and beverage.
Tins and cans segment is engaged in the manufacturing of various tins, cans and other containers.
Foods and beverage segment is engaged in manufacturing and selling of milk and other related dairy products.
The Company through its subsidiaries is engaged in manufacturing of various tins, cans and other containers and printing of tin plates.
On October 24, 2011, the Company acquired 100% equity interest in Able Dairies Sdn. Bhd.
The Company operates in two segments: Tins and cans, and Foods and beverage.
Tins and cans segment is engaged in the manufacturing of various tins, cans and other containers.
Foods and beverage segment is engaged in manufacturing and selling of milk and other related dairy products.
The Company through its subsidiaries is engaged in manufacturing of various tins, cans and other containers and printing of tin plates.
On October 24, 2011, the Company acquired 100% equity interest in Able Dairies Sdn. Bhd.
Johore Tin Berhad |
Trading Plan:
MACD: Green
Smoothed RSI : At 60.6%
Support: RM 1.60
Volume: Average
Beta: 0.88
Trading Plan: Buy at RM 1.65, cut loss at RM 1.59 and take profit at RM 1.77
RRR 1 : 2
Smoothed RSI : At 60.6%
Support: RM 1.60
Volume: Average
Beta: 0.88
Trading Plan: Buy at RM 1.65, cut loss at RM 1.59 and take profit at RM 1.77
RRR 1 : 2
Tok
Malaysian Airline System Bhd (MASM.KL)
Overview:
Malaysian Airline System Berhad is engaged in the business of air transportation and the provision of related services.
It operates in two segments: airline operations, which is engaged in the operation of aircraft for passenger, and cargo services, which is engaged in the operation of aircraft for cargo and mail services.
Its other business segment includes catering, engineering, computerized reservation services, trucking and warehousing services, retailing of goods, terminal charges, and tour and travel related activities.
In January 3, 2012, the Company acquired Malaysia Airlines Capital IV Cayman Limited.
In January 10, 2012, the Company incorporated Malaysia Airlines Capital IV (L) Limited.
In January 19, 2012, the Company acquired MAS Airline System Sdn. Bhd.
In July 2012, the Company incorporated an off-shore company known as Malaysia Airlines A330 Capital Labuan Limited.
It operates in two segments: airline operations, which is engaged in the operation of aircraft for passenger, and cargo services, which is engaged in the operation of aircraft for cargo and mail services.
Its other business segment includes catering, engineering, computerized reservation services, trucking and warehousing services, retailing of goods, terminal charges, and tour and travel related activities.
In January 3, 2012, the Company acquired Malaysia Airlines Capital IV Cayman Limited.
In January 10, 2012, the Company incorporated Malaysia Airlines Capital IV (L) Limited.
In January 19, 2012, the Company acquired MAS Airline System Sdn. Bhd.
In July 2012, the Company incorporated an off-shore company known as Malaysia Airlines A330 Capital Labuan Limited.
Malaysian Airline System Berhad |
Trading Plan:
MACD: Green
Smoothed RSI : At 43,7%
Support: RM 0.995
Volume: Average
Beta: 0.75
Trading Plan: Buy at RM 1.00, cut loss at RM 0.97 and take profit at RM 1.09
Smoothed RSI : At 43,7%
Support: RM 0.995
Volume: Average
Beta: 0.75
Trading Plan: Buy at RM 1.00, cut loss at RM 0.97 and take profit at RM 1.09
RRR 1 : 3
Tok
Thursday, November 15, 2012
Telekom Malaysia Bhd (TLMM.KL)
Overview:
Telekom Malaysia Berhad (TM) is engaged in the establishment, maintenance and provision of telecommunications and related services. TM operates in four segments:
Retail Business, which provides a range of telecommunications services and communications solutions to small and medium businesses, as well as corporate and government customers except for consumer business, which provides only voice and Internet and multimedia services;
Wholesale Business, which provides a range of telecommunications services delivered over its networks to other licensed network operators;
Global Business, which provides inbound and outbound services for a range of telecommunications, and
Shared Services/Other, which include shared services division, all business factions divisions and subsidies that do not fall under above line of business.
On September 27, 2011, it launched TM SmartMap.
On November 20, 2011,TM launched UniFi.
On August 26, 2011, TM disposed 51.0% interest in Telekom Smart School Sdn Bhd.
Retail Business, which provides a range of telecommunications services and communications solutions to small and medium businesses, as well as corporate and government customers except for consumer business, which provides only voice and Internet and multimedia services;
Wholesale Business, which provides a range of telecommunications services delivered over its networks to other licensed network operators;
Global Business, which provides inbound and outbound services for a range of telecommunications, and
Shared Services/Other, which include shared services division, all business factions divisions and subsidies that do not fall under above line of business.
On September 27, 2011, it launched TM SmartMap.
On November 20, 2011,TM launched UniFi.
On August 26, 2011, TM disposed 51.0% interest in Telekom Smart School Sdn Bhd.
Telekom Malaysia Bhd |
Trading Plan:
MACD: Green
Smoothed RSI : At 20.3% (Oversold)
Support: RM5.54
Volume: High (Price Volume Divergence?)
Smoothed RSI : At 20.3% (Oversold)
Support: RM5.54
Volume: High (Price Volume Divergence?)
Beta: 0.31
Trading Plan: Buy at RM 5.40, cut loss at RM 5.28 and take profit at RM 5.80
RRR 1 : 3
Tok
Wednesday, November 14, 2012
Genting Bhd (GENT.KL)
Overview:
Genting Berhad is an investment holding and operates in five segments:
Leisure & Hospitality segment includes the hotel, gaming and entertainment businesses, tours & travel related services and other support services.
Power division is involved in the generation and supply of electric power.
Plantation segments is involved mainly in oil palm plantations, palm oil milling and related activities.
Oil & Gas division is involved in oil & gas exploration and development.
Property segment is involved in property development activities.
In October 2012, its subsidiary, Genting Management (Singapore) Pte Ltd, incorporated Genting Wellness Centre Sdn Bhd. On October 22, 2012, the Company and its subsidiary, Genting Power (M) Limited disposed 97.7% interest in Mastika Lagenda Sdn Bhd, and Genting Sanyen (Malaysia) Sdn Bhd disposed six parcels of freehold and leasehold industrial land located within the Genting Sanyen Industrial Complex in Selangor to Tiara Tanah Sdn Bhd.
Genting Bhd (GENT.KL) |
Trading Plan:
MACD: Green (Uptrend)
RSI : At 65% (Overbought)
Support: Break 20MA resistance and the next 50MA resistance is RM9.88
Volume: Low at 12 Nov 2012 (2.844million)
Beta: 1.36
Trading Plan: Buy at RM 9.06, cut loss at RM 8.80 and take profit at RM 9.88
RRR 1 : 3
Tok
JAKS Resources Bhd (JAKS.KL)
Overview:
JAKS Resources Berhad (JAKS) is principally engaged in investment holding and is a general contractor. The Company operates in five segments: Manufacturing, Trading, Construction, Investment and Property Development.
Its Manufacturing segment consists of manufacturing of pipes, ductile steel pipes and steel hollow section.
Its Trading segment consists of trading in sheet piles, steel bars, mild steel and special pipes, other steel related products and supply of products for water supply industry.
Its Construction segment consists mainly of provision of sub-contracting activities, general contractor and supplier of building materials. Its Investment segment includes investment holding.
Its Property Development segment is engaged in the development of residential and commercial properties.
On July 12, 2011, JAKS acquired 51% interest in JAKS Offshore Sdn Bhd. On October 19, 2011, its wholly owned subsidiary, JAKS Sdn. Bhd. acquired the remaining 49% interest in JAKS Power Sdn. Bhd.
JAKS Resources Bhd (JAKS.KL) |
MACD: Green (Uptrend)
RSI : At 36.8%
Support: Hit 20MA support but closed below support @RM 0.375 on 12 Nov 2012
Volume: High
Beta: 2.19
Trading Plan: Buy at RM 0.36, cut loss at RM 0.345 and take profit at RM 0.40
RRR 1:2.67
Tok
Tuesday, November 13, 2012
My First Post!
This is my personal days trading quest in FTSE Bursa Malaysia KLCI. My trading in Bursa Malaysia started with HLeBroking account at 2 September 2008. After a few years of trading I was frust because end up as those 90% retailers in stock market who are always losing money and continue to loss money until now! After stuggling for years, I met my sifu, Mr. Teh. I join his first e-tratles group in Facebook and also private blogspot for learning how to trade stock from the most fundamental way! After almost one year, I had discipline myself to learn and do a lot of reading regarding investment books. Beside that the sharing on Youtube also become an interactive tool for me to keep learning.
I join Mr. Teh e-meeting twice a week (for Thursday's session will join in as long as there still have empty space). For these few months, I learned how be a discipline trader, how to do my trading plan, how to calculate RRR, how to use Chartnexus tool for technical analysis, etc. The most important thing is money management that will lead us to financial freedom in future!
Today, I would like use this blog to post and share my stock watch in my trading portfolio. It's an important trading records for me for future reference as well. Happy trading to all!
Tok
~Penang~
My Personal Top Visionary Quotes
“You can’t hit a target you cannot see & you cannot see a target you do not have.”
Zig Ziglar (1926-, American sales trainer, author, motivational speaker)
“Vision without action is a daydream. Action without vision is a nightmare.”
Japanese Proverb (Sayings of Japanese origin)
“All successful people are big dreamers. They imagine what their future could be, ideal in every respect, & then they work every day toward their distant vision, that goal or purpose.”
Brian Tracy (1944-, Canadian-born American trainer, speaker, author, businessman)
My Personal Top Discipline Quotes
“The only discipline that lasts is self discipline.”
Bum Phillips (1923-, American football coach)
Bum Phillips (1923-, American football coach)
“If you can command yourself, you can command the world.”
Chinese Proverb (Sayings of Chinese origin)
Every day, every trade requires 100% discipline.
Discipline = Emotional Mastery, A Formula Of Confidence/Caution + Humility.
Confident but no caution = Arrogance. Cautious but not Confident = a lack of Conviction, Weakness.
A freedom from pride & Arrogance is Humility. A Weak Trader will never win in the long run.
A Super Trader = A Disciplined Trader. In Discipline, No Weakness Can Exist.
DowBoy (Writer & Trader b.1967)
“I wish you well in your journey & in your trading.”
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