Let’s not talk about Macro or any stocks tonight but purely
the market behavior.
We saw some stocks meltdown recently, 1st of all
we felt sorry to those who have trapped in such stocks and our thoughts are always with U. We would like to borrow
a quote from a master that we knew and this is the quote “Greed is good, but never
be too greedy”.
U might be puzzled by this quote, but U will start to realise
it once U dip long enough in the market.
Big Canon have been in the market for more than 10 years (we
are not boasting but one of us did start to “goreng” stocks since form 5 with
technical analysis and end up being played by stocks instead of playing stocks,
we will do more sharing about our history in future).
Almost every year, we saw Super Stars that rocket up and
rock the market but end of the day it “cliff down” where those short term punters
that doesn’t cut loss had end up becoming long term investors in the company,
wanted to make money in 6 hours but end up become an investor for 6 years.
Big Canon had once be the victim of such company, however it’s
lucky that BCF respect their RUN ROAD price or else we would have gone with
some of the company and now U know how important a RUN ROAD price is. End of the day, these companies had either changed name
with capital reduction and the worst is delisted.
After being in the market for so many years, Big Canon understand
that stock market is a gold mine and this gold mine have a lots of traps and temptation which
will take away your life savings. To be precise there are more traps than gold in stock market but how shall we survive?
Big Canon has been trying ways to avoid such traps and we
are proud to say that we have actually found ways to minimize the risk of
falling into such traps. Big Canon have some personal criteria to filter stocks
and also some strategy to manage risk. Big Canon’s criteria is a combination of
Fundamentals analysis and Technical analysis as well as capital management (We
will share the criteria to Royal Squad members). This is also a reason why Big
Canon seldom enter a stock without doing all those fundamental checking and U
may see that Big Canon may always calling the same stock.
Note: We can only minimize and manage risk but we can't avoid it totally unless we don't invest at all.
The reason of Big Canon enter a stock with fundamental is
due to a few reasons.
1st We want to avoid those stocks that no solid
backing or purely manipulations.
2nd The stock that we enter might fall due bad
sentiment and hit our RUN ROAD price. However, there are always cases where
members doesn’t RUN ROAD due to their mentality or maybe they are not aware of
it.
Most importantly, a fundamentally solid stock will assure that
the holder won’t lose all of their capital, in fact, they will be able to get
back their capital and entice with some good gain once the market sentiment turns
good again.
Some may ask, do Big Canon FiFo? Yes, we did FiFo too when
the market is good, however, we prefer not to do sharing about this as this
game need high speed trading as well as very high discipline to make it. It’s
not that hard to make money by FiFo but its not easy either, a wrong move will make sure u get caught and cut loss to free urself.
We understand that most of the players love something that can get quick return as well as excitement, but to
be frank, how many players do u think can make it through and be a millionaire solely doing FiFo?
We wouldn’t rule out that there are players that are very successful with it,
but it’s very rare.
Ask yourself what's the motive for u to come in stock market? To invest? To Punt? or just to look for excitement?
To our readers out there, Big Canon has a few objectives for
setting up this blog and it is important for us to clarify here.
1st To be a responsible blogger that doesn’t involve
in pump and dump. Why? Big Canon believe end of the day we will have to face
our god and what we did will eventually come back to us.
2nd We are here to share market ideas and theme
which investors are not aware of
3rd We are here to help retail investors to
better off by shorten their learning period by sharing our experience (we have
spent more than 10 years to learn)
4th Sharing our strategy to benefit the investors
5th We are following the path of some famous
blogger and Guru which help the retailers to make money through his sights and
investment logic.
Big Canon have been through tears and pain over the years,
we have finally got out from the slump and we hope we can help others to lessen
down their pain too.
“Stock market is a gold mine that full of opportunities, don’t
turn it into Casino De Bursa and fall into the trap!"
May all the HUAT be with us!
*Special thanks to very talented Francis Foo (Foo sir) for the term Casino De Bursa.
May all the HUAT be
with us!
Regards
Big Canon Finance
FB: https://www.facebook.com/bigcanonfinance/?ref=hl
Source: https://telegram.me/bigcanon
Blog: www.bigcanon.blogspot.com
Disclaimer: The content on this site is provided as general
information and for education purpose only which should not be taken as
investment advice.
1 comment:
Hi Big Canon, thanks for sharing your valuable experience and thought on share Investment. Wonder how to become your Royal Squad Member ?
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