Trading idea

Scable. Entry around RM1.21. R&R tilts slightly to reward at +4%, +10%. Can use step-lock profit strategy. Downside -10%.

 Bursa. Entry around RM7.43

 CIMB. Entry around RM7.90~8.10. Requires extreme patience. Still possible to enter at that region. Have a look at KFC in the mean time... sweet   ;p

Time - Opportunity or Cost ?

For a small fry $$ is always limited. Unless small fry can find a 1001% sure win goreng counter that will shoot up 1000% in a few days for small fry to dump small fry's entire saving in, heck, and contra twice that amount for 3000% return. Of course, volume must be high to nicely enter and exit. And probably that counter will be a PN17 worth maybe 0.5 sen a share at entry.

Which bring us to the topic of "time". Opportunity or cost? So the wise sage no.1 says, "you need time to reap the profit of your trade/investment". '"nod" "nod". "a-huh". Wise sage no.2 says, "you need to time your trade/investment to reap the profit. "nod" "nod". "a-huh". Huh?

In the confusion, I let BJTOTO slept for too long, taxing me in opportunity cost. After I decided to let go, CIMB has past my entry target of Rm8.00. The lowest it touched is about RM8.30. Yesterday was doing RM8.70 + RM0.13 tier 1 dividend. Yesterday BJTOTO also hit RM4.28, up 10 sen from my exit price 'chasing' after CIMB. The decision was not wrong in a sense that over the period CIMB gain 53 sen ver BJTOTO's 10 sen. Just that I was not sufficiently agressive going long in CIMB.

So, is time opportunity or cost? Or is it opportunity cost? Or cost of opportunity? Heck. English can be so darn confusing. Can't blame the Malaysians for coming up with Manglish, and the Ah Bengs (and Ah Lians) thier Singlish. And that is also why 90% lose money in share market. Huh?