my virtual trading

i took leave for 2 days.
i woke up early just to play the virtual trading.
unlike last time, even the sun came out to play, i ll still be sleeping.
m excited and could think over the night on what to trade.
study which stock is a good buy at night.
hehe.

given rm100k, i only bought 2k of CIMB and few other counters.
dad said "i thought u bought 10k! only 2k, insignificant".
even though its just a virtual trading game, i m still cautious.
maybe i wanna be risk adverse so that he wont laugh at me when the stock portfolio shows losses.
sigh.

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other than that virtual trading, i have been going out and stay in and go out and stay in bla bla bla.
as i was watching my hk series at 230pm, i got a call regarding an interview.

caller :: can u come tmw?
me :: i cant (... cant take leave since i took for 2 days)
caller :: hmm
me :: do u work on sat?
caller :: obviously no. can u come next wk?
me :: what time.
caller :: 11am
me :: what about lunch time?
caller :: i need to eat.
me :: ok. today.
caller :: today? are u sure?
me :: yes, today anytime.
caller :: 5pm.

so tada.. and i made a mistake in the interview


interviewer aka caller :: do u know financial ratio?
me :: yes i do.
interviewer :: so what kinda ratio do researcher see report.
me :: EPS, dividend yeild.
interviewer :: then
me :: asset ratio.
interviewer :: huh?
me :: izzit asset ratio
interviewer :: i m asking u and u r asking me?
me :: ooh quick ratio.

interviewer :: for high growth company, wanna give dividend but cant. what do they give
me :: right issue
interviewer :: huh?
me :: izzit right issue
interviewer tak nak layan me.

called a fren to ask for d answer. its bonus issue, not right issue.
i felt stupid.
right issue always appear in my mind at the moment coz i have a stock to take care of and its about right issue.

i will always remember bonus issue for life now.

*buat malu sahaja*

i feel that getting an interview for a job in investment industry is tiring.
gotta read up on the current issue in the newspaper.
half of d paper is related to investment and economy.
i took the business page and read it up in the train on the way for d interview.
and for all the interviews i have attended, gotta write an essay or do a small test.
essay title that i got last year in job application is "what do u think bout the current economy?"

today i had to choose between these 2 titles.
1. what makes the financial crisis?
*seriously all i know is that lehman brothers and never interested to read about them, even the fall of enron also i didnt read.*

2. do you think KLCI will be 1400 or 900 points by year end and why?

i opted for the later one as its easier and last week i flipped in the newspaper that many research houses predict it ll b above 1400. and 1400 and 900 range is significant and easier to justify. if ask me 1200 or 1400, obviously way too difficult to write.

never mind if i didnt get thru. i learnt an expensive answer ie bonus issue, not right issue as i have said and i really felt embarassed.

first virtual stock trading challenge game.

so what is the title all about?

upon reading the article published in sat's STAR biz page 2 mins ago, i was excited.

you can actually trade stocks virtually. this sounds so cool. i used to do that for the 1st six mth i started working, by writting on a piece of paper what stocks i bought, price bought/sold, and if i could make profit by 4th day. but right now i dont really have the time to do so at work or/and i dont know what to trade as the market is unpredictable, eventhough its a virtual trade.

http://210.19.197.146/trading/terms.html

i really wanna participate in this game, however one of d rules and regulations stated that

11. Inadmissible Players

a) Staff of ECM Libra Investment Bank and ChartNexus Sdn Bhd are prohibited to participate in StockQuest@ecmmoney.com

b) License holders of Suruhanjaya Sekuriti are prohibited to participate in StockQuest@ecmmoney.com

c) Employees of Partipating Organisations are prohibited to participate in StockQuest@ecmmoney.com

this sucks big time.

you ppl should learn to trade virtually first, then when you are confidence and have the purchasing power, you may go into the real market. the challenge period is from sept20 to oct22, trade stocks and track your investments thru StockQuest@ecmmoney.com during official trading hours 9am-5pm, lunch break at 1230pm-2pm. each participant will have an opportunity to trade with a virtual sum of RM1o0k. winners will be based on the profits generated during the 1 mth period with RM10k cash as first prize. RM10k can make you buy good medium/long term good stocks for real, but obviously not in big bulk of quantity. cimb stock is rm7+ now. its gonna climb and dont be surprise if it reaches rm13 again.

i wonder who came up with this out-of-expectation idea. the fella must be playing lots of virtual online games i guess. and the big boss of among all the bosses is amazed with the idea. lol. ;)

my silly bro just doesnt look interested when i told him that. what a loser.

tmw m gonna glue my eyes on a particular stock which i couldnt get hold of on fri. thats one of the worldwide fav stocks. msia stock market is getting international attention. ooh yeah goldman sachs also actively invest in our stock market. if a company or individual investor purchase in big bulk, theres a need to inform bursa. and bursa will release a news on who is acquring/disposing with the date and quantity.

come try the ecmmoney virtual stock trading. lol.