Thursday, August 19, 2010

OSKIC-day4_02

OSKIC Game Portfolio
Part 2 begins with your game portfolio definition-Stock on Hand page


Familiar with this page as it is important for you in managing your portfolio, or should have said your investment shares.

[picture cropped frm OSKIC_game portfolio_stock sold page]

Starting Capital (RM) = the modal automatically given by OSKIC system

Purchase Value (RM) = Value of share that you have bought in trading

Market Value (RM) = The Value of share at the moment (Last), it might higher than purchase value, or lower than purchase value or equal to your purchase value

Gross P/L Value (RM) =Total gross profit or loss value of your share at the moment, without counting the brokerage fees of 0.42%. Gross P/L= MV-PV

Cash at Hand (RM) = the cash flow you hold at the moment

Game Limit = it refers 2 how many cash you still can do trading in the market. It will deduct the money where you have made order but haven’t match in the market. Negative value appears when you have made an order of selling share but haven’t match in the market.


Next, at the column below of it are showing the shares that you hold on your hand.
E.g.
Stock= AirAsia,
Quantity at hold= 2500/25lot,
Market value=quantity*last price=2500*1.7 =4250
Gross P/L= gross profit/ loss of the share= 7.15 = (MV+PV*1.0042)*quantity = (1.7-
[1.69*1.0042])*2500
Last Price= last price transaction had occurred at the trading market.


Well, phew! It is an easy part right! Important reminder for you all! Each and every transaction that you have made in this investment challenge is charging for 0.42% of brokerage fees of your total transaction price! It’s inclusive of whether selling or buying transaction.

Confusing of how to make an earning through buying and selling? You have forgotten your price of purchasing? Here are some tips for you! Jot down each and every transaction you have made, especially your buying price and buying lots, as you will be able to make it as reference to do decision of selling or time to increase your holding lots. Try to calculate at your selling price, included the 0.42% brokerage fees, it is manage to cover up your gross profit value!

It’s tiring to prepare more at the moment, so just to explain in shorter ways for another 2 page, Stock Sold and Trade History.

Stock Sold is the page where you can refer back to your transaction that you manage to sell your stock.

There will be showing the stock which you have sold, total quantity you have sold and the average price/share (selling price+0.42% brokerage fees), and at last the sell value (selling price-0.42%*lots of share)

Here it has done one page, so just continue with the last page, Trade History. It seems a bit complicate on this page, yet it shows all the transaction made whether to buy or to sell your shares.
[picture cropped frm OSKIC_game portfolio_trade history page]

All the transaction succeeded made by you on the market were shown at this page. So, anyone who wants to trace back his transaction made on few days ago is able to do so through viewing this page!

If you are a lazy person (which means you are also losers in investment too!), you can refer back to your buying price with 0.42% brokerage fees counted. Actually, it is advised to record each of your buying transaction cost so that you can easily do decision on making a call to sell! Every minute counts in the market!

At last, hope you manage to understand all this before we manage to get deeper into the investment world! ALL THE BEST!

Clue for next lesson:

Speculation Long-term investment portfolio management

All research is based on material compiled from data considered to be reliable at the time of writing. However, information and opinions expressed will be subject to change at short notice, and no part of this article is to be construed as an offer or solicitation of an offer to transact any securities or financial instruments whether referred to herein or otherwise. We do not accept any liability directly or indirectly that may arise from investment decision-making based on this article

OSKIC- day4

Introduction to Basic Trading Knowledge

Hi guys! Are you one of the participants of OSK Investment Challenge? And you are a newbie/ amateur to investment? Confusing about the investment game? Well, I am not an expert or brokerage trader, I m just a student as u all like. All these materials are based on my knowledge learn out through this few years and through economics classes. Hopefully all this manage to help you all into a better understanding and get into the games.

So, the 1st lesson today is we going to learn the game trading page. Wondering all those symbols meant what? How we going to trade? So, let’s get into it now…

[Picture crop from OSKIC Game Trading page]

Code= registered code of the company under Bursa Saham Malaysia

Currency= currency used in trading the stock, e.g. MYR= ringgit Malaysia, SGD= Singapore dollar

Name= company name short form which register in Bursa Malaysia, e.g. TM= Telekom Malaysia Berhad

Ref= A day before‘s closing price

Open= 1st transaction success’s price

High = highest price achieved and succeed transaction in the trading day

Low= lowest price achieved and succeed transaction in the trading day

B/Qty= buying quantity/volume at the buying price

Buy = buyers offering price at the moment

S/Qty = selling quantity/volume at the moment

Sell= seller offering price at the moment

Last= last transaction succeeded price

L.Vol= last transaction succeeded traded volume

Change= Last-Ref

%Change= (Last-Ref)/Ref*100%

Volume= total traded share volume in the trading day

TO/CP= suggestion of closing price reference

Next, we will discuss the colour changes. I m sure there is some voice wondering why there is colour changes during the whole time, suddenly green? Suddenly red? Suddenly yellow??

Green= the last done price is higher than the opening price; Last>Ref

Yellow= the last done price unchanged with the opening price or no transaction; Last=Ref

Red= the last done price is lower than the opening price; Last

So, can you catch up with the meaning? It’s an important step to understand all this little meaning before you are going to the next steps for investment.'

All research is based on material compiled from data considered to be reliable at the time of writing. However, information and opinions expressed will be subject to change at short notice, and no part of this article is to be construed as an offer or solicitation of an offer to transact any securities or financial instruments whether referred to herein or otherwise. We do not accept any liability directly or indirectly that may arise from investment decision-making based on this article.

Friday, August 13, 2010

犯錯的代價

那天,和朋友在午飯時無端端提起的課題,犯錯大小及懲罰的結果,間接影響你判斷決定的思維。

這,完全符合經濟理論。動機與代價。

在什麽情況下,一個人會甘冒著被懲罰的情況下,願意犯法而達到目的地呢?

這個又回到經濟基本原則,付出一點,得到多多。(profit maximization concept)

如果,在你違規情況下,贏取了一場遊戲的勝利得到的結果,是超出你違規所付出的代價,那麽這個懲罰,是絕對值得的!

一個搶匪,在抉擇著打槍的對象時,思維思考也是一樣,搶一位身強體壯的與搶一位婦女都是犯法,懲罰都是一樣。但是要考慮的還概括了失敗的機率,所以在付出代價中,被搶的對象也成爲了考量的代價成本之一。聰明的人都知道那個選擇的成本代價較爲低廉。

那麽,那天的情形討論的更多是道德觀的懲罰。道德觀,在東方社會裏有很崇高的地位,尤其是以儒家思維為尊的炎黃子孫。道德觀的考量其實也能列入成本代價的考量,良心的譴責也是成本考量的重點之一。

在馬來西亞的社會,小錯犯了無妨,是應該的,所以垃圾四處亂丟,基本設施可以破壞,沒什麽大不了。是懲罰的代價太小了?抑或道德觀的淪落?

如果一個人習慣了小錯,那麽大奸大惡的過錯久而久之就不過變成了小兒科。今天,你認爲咖啡錢的賄賂是小事一樁,可能影響的是你身邊小孩的人格塑造。

不因善小而不為,不因錯小而為之....謹記!謹記!謹記!