Stock market is to win or atleast don't lose and not even a draw. If have to choose between draw or lose, draw is a better option of the two. One should not lose money in stock market, period. If stock market is to lose money then why bothered to join the party. If one goes in with the mindset that one could lose money, then it is a wrong mindset before even take the first step into the stock market. If you go in with the mind of "how much will be my return in one year" or whatever years for that matter, then you would not lose money. It is easy than said, you may ask. Of course it is never easy. Who said success is easy. One has to work hard for it.
You have to choose the best stock among the good stocks. Choosing good stock is easy. There are plenty of good stocks around. Don't believe? Look at all the stocks recommended by experts. There are countless stocks to pick. Don't tell me those stocks that are so recommended are not good stocks. Not believe in any of those? Then why read their reports again and again whenever they publish their reports. Again, if you don't believe any of their reports, who to believe then? Believe ourself, some might say. Granted but the honest truth is often time we believe the next person's stock recommendation rather our own. So much so we may want to believe that we are actually believing ourself but in fact we are following the next person's stock recommendation. Don't believe? Now, ask yourself why you buy a particular stock? Most often than not, we decided to buy that particular stock after we have evaluated ourself of those stocks which were recommended by so and so. Yes.... recommended by so and so. We merely did some self-evaluation on the stocks that were recommended by the so and so. No? If no, then you are stock expert. This is because you are able to choose and pick your own stocks without following any person. This is just like you choose your own girlfriend or boyfriend without being recommended by your parents. Ofcourse your pick must be also able to give you good returns or in the case of choosing your own girlfriend or boyfriend, your self-pick must give you a good husband or wife. Then your are stock-pick expert. Of course there is no such thing as being a boyfriend/girlfriend-pick expert.
I take a reflection why I blog about my stock pick. My intention is to educate the new people in the stock market to learn the proper way make money. Some of them are young people. I believe many of them want to learn and make money in the long run. They have some money but worry to lose them in the stock market and at the same time want to make money. I was young once and therefore I know. I lost money before and big one too. I had learned my many mistakes. Those mistakes were painful mistakes but it made me a wiser person when dealing with stock market. I am trying to show them the proper way to make money from stock market. So, for those who thought of making money in no time, you have to find somewhere. UncleZ is no stock expert for quick gains. Atleast not from this blog.
For those who have followed me since Presbhd, OCK, DSonic and recently Hovid, I hope you have learned a thing or two about stock market. Making money is one thing, learning the stock market goes a long way.
Anyway, enough for grandfather story for now. Presbhd touched new all-time intraday high of RM2.33 on 18.07.2014 but unfortunately the price did not sustain but retraced to close at RM2.23. I don't feel disappointed at all. Nevertheless it is still an all-time high close, mind you. If you have been long term with Presbhd, this new high will just add more smiles. On OCK, what more to add. My golf buddy told me yesterday he is prepared to let me win on our bet deal. Here. As for Hovid, ah Boy texts me to say thank you UncleZ. My reply to him is "Make money is just small part, it is what you have learned from the stock market goes a long way and enjoy it". Here.
Parting shot, if these stocks still not enough to make good money, what else more. Probably you are busy with shorting and trading stock and that is why gains from these stocks are just small flies.
Its price (Presbhd) closed at all-time high RM2.23 on 18.7.2014.
Its price (OCK) closed at all-time high RM1.53 on 18.7.2014.
Its price (Hovid) closed at all-time high RM0.44 on 18.7.2014.