KLCI was sinking deep. More than 40 points down and I was stoned. Paper loss was more than four thousand ringgits. Cikgu Teh was busy selling all his stocks. I was clinging on the hope it would rebound.
9.04 a.m.
I took a snapshot of my losses. I was stoned. I was still hoping for a rebound.
I took a snapshot of my losses. I was stoned. I was still hoping for a rebound.
Five stocks were purchased for forming hammers last Friday.
Airasia, 200 lots was first to cutloss. Sentiment was getting worse. I needed to get rid of all those stocks. Cikgu Teh had sold off all of his holdings.
Losses had blown out to RM2300. My hesitation had reduced my fund much further. Airasia sold at RM0.74. It closed at RM0.70.
LCTITAN, 100 lots was next to chop at RM1.31 for RM500 loss. It closed at RM1.23.
SIMEPROP, 100 lots was cut at RM0.57 for RM300 loss. Last Friday, it closed as a hammer.
Today, it closed green at RM0.58.
I hesitated to cut SPSETIA as it failed me for the fifth time. I finally cut it for RM0.85 for RM900 loss. It closed at RM0.815.
At 11 a.m., Cikgu Teh mentioned ABMB was traded at RM1.80. 10 lots would already set me back RM120. I was still reluctant to cut it till that RM1500 loss was shown on the screen. It was sold at RM1.76. It closed at RM1.67.
I lost more than RM6000 today.
Hammer does fail. Though it is the best candlestick to promise us profit.
LCTITAN, 100 lots was next to chop at RM1.31 for RM500 loss. It closed at RM1.23.
SIMEPROP, 100 lots was cut at RM0.57 for RM300 loss. Last Friday, it closed as a hammer.
Today, it closed green at RM0.58.
I hesitated to cut SPSETIA as it failed me for the fifth time. I finally cut it for RM0.85 for RM900 loss. It closed at RM0.815.
At 11 a.m., Cikgu Teh mentioned ABMB was traded at RM1.80. 10 lots would already set me back RM120. I was still reluctant to cut it till that RM1500 loss was shown on the screen. It was sold at RM1.76. It closed at RM1.67.
I lost more than RM6000 today.
Hammer does fail. Though it is the best candlestick to promise us profit.
