DIGI

DIGI at accumulation level.

LATITUDE

LATITUDE--shooting star

Cohort 18 (Trading Workshop)

Learn, unlearn and relearn for my Stock trading in 2015
This is a significant year I come back to KLCI market and gain my confidence to trade well.
Important reminder for myself:
1. Only trade good fundamental stocks!
2. Always check the trend, indicator, support-resistance, time-frame for stock pick.
3. Trading plan is a must!
4. Practice Risk Reward Ratio and follow it strictly!
5. Apply 3M: Methods, Management(Risk + Money), Mindset. 20%, 30%, 50%
6. RSI and MACD are not applied to stock that in sideways.

Daily homework:
1. Strong Hammer with long tail+ High Volume
2. Price Volume Divergence + Hammer + Support
3. RSI below 30% (trend)
4. Stochastic below 20% (leading)
5. MACD Blue crossover Red

HSI-CU and HSI-CY vs HangSeng

Coastal, ESCERAM, Hevea, TDM, TENAGA, WELCALL, IFCAMSC

Warrants and Co-Warrants When Market Correction

Malayan Banking Bhd (MBBM.KL) Maybank1155

Overview:

Malayan Banking Berhad (Maybank), is engaged in the commercial banking and related financial services. The Company’s subsidiaries are principally engaged in the businesses of banking and finance, Islamic banking, investment banking, including stock broking, underwriting of general and life insurance, general and family takaful, trustee and nominee services, asset management and venture capital. Maybank operates in four segments: Community Financial Services (CFS), Global Wholesale Banking (GWB), Insurance, Takaful and Asset Management and International Banking. It has operations in Malaysia, Singapore, Indonesia, Philippines, Papua New Guinea, Brunei Darussalam, People’s Republic of China, Hong Kong SAR, Vietnam, United Kingdom, United States of America and Cambodia and Bahrain. In June 2014, Malayan Banking Bhd dissolved its indirect subsidiaries, MNI Holdings Berhad and Peram Ranum Berhad.

Reason & Strategy:

1) Trendline - 20MA breakout at RM 8.83
2) Volume: High
3) MACD: Red (Negative>Bearish)
4) Smoothed RSI : At 36.6%.
5)Support/Resistance: Supported at RM 8.27. Resistance at RM 8.83
6) Beta: 0.90
7) Candlestick: Bearish
8) Pattern: Price Volume Divergence

Trading Plan 1:
Entry: RM 8.50 or higher
Profit: RM 8.83
Cut loss: RM 8.40
RRR (Risk to Reward Ratio)> 1 : 3
Bought: RM 8.53

Scenarios Analysis:
1) 1MDB issue in play

Big loss of 2015

Fail to cut as foreign fund keep selling to RM 8.40 and below:

Maybank very volatile in KLCI, swinging range from RM 8.45 to RM 8.65. Catch at resistance, cut loss if drop more than RM 8.40 and sell at RM 8.65 for short term profit.

Tok