Today evening time, i went to Shah Alam Pasar Malam, known to be the longest night market in the whole Malaysia. While i was enjoying the popular Malaysian food there, then something struck my head. Actually stock picking is just like buying food in pasar malam.
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| Pasar Malam - Night Market |
There are a lot of stalls in the pasar malam. Just like there are a lot of counters in our FBMKLCI. Some of the food are good, really good; some of the food are not good, but still there are a lot of people visiting their food, but just for a short period of time. Some of the counters are fundamentally good while some of the counters are just speculative counters, they are hot in a short period of time but wont last for long.
Buying myself a drink is just like picking a stock. Of course, i aimed those stalls with customers. When we are picking a stock, it is important that we pick some counters with active volume. The counters without volume will be difficult for us to buy or to sell. Since the weather is hot nowadays, everybody is drinking cold drinks. They are the most popular food now. Malaysia market is interesting because any national story or local agenda might boost up the share prices. Previously we had GST theme, lately we have plantation theme and also USD exports theme. As long as we read more global or national local news, we can invest based on the themes.
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Thank you^^
