Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly 03 4252 4149 to register ! Bursa Malaysia (KLSE) :-) martin_tf_wong@hotmail.com: 5:14 pm - KLCI is still moving sideway or downward !

Tuesday, May 26, 2009

5:14 pm - KLCI is still moving sideway or downward !


2 comments:

Anonymous said...

Hi

I'm following yr blog quite a while
but I found that it was merely a report similar to any Security firm
daily report..

I'm expecting more than that such as outlook & forecast...

Daily report is not useful for trading !!!

najib

Martin said...

Dear Najib,

My partner, Bill Wermine give an market outlook. Click on the Market Report under Index Section.

At CIMB, we have our analyst Nigel Foo who give regular outlook and forecast (two opposing views) to our traders club member and clients.

My weblog is for my graduates and clients who attend my seminars so they can have my view on how I look at the market.

Judge it from the trading performance (see performce2008.blogspot.com weblog).

In my 2 cent opinion, outlook and forecast is useless. Ppl and investors wanted certainty in the stock market and that is why they always want someone to tell them how they shud behave and tell.

To my knowledge, no one can predict the future.

That's why 95% of investors loses money. How has your stock hold up so far ? I have explained in my radio interview with BFM on why ppl loses money ? You can listen to it.

Wud you agreed that the role here is to make money and not to be right or wrong about the market ?

However, a lot of ppl want to be right about the market and end up not cutting their loses when they bought the wrong shares.

For me, I want to make money and I am not concerned whether I am right or wrong about the market.

Rgds,
-martin-