Frequently Asked Questions

Q: How do I use this site (blog)?
A: This site consists mainly of two parts. 1) advices on stocks; 2) supports. To make it simpler to surf this site, you can focus on two topics: "Cooking list of stocks" and "Discussions of Other Stock" (Here you may post your questions on stocks.) Actually, every topic is a small forum. Just click the word "comments" at the end of each post and you will open the forum. You can also use the links in the sidebar to help you surf this site, for example, you need to click the previous posts and the archieves. Sometimes you need to click the home link at the end of the webpage to go back to the home of this site.


Q: How can I post a comment?
A: At the end of each post there is a " # comments " link. Just click it and it will take you to a page where you can post your comment or ask your questions. But if you have a popup blocker on, you may need to Right Click the link and then select Open In New Window. You can use three different idendities to make your comments. Here you can enjoy your freedom of speech, like you do in the Snakepit of Seamico. But what I ask is please focus on stock related contents.


If you are not sure, you can test by posting under the tread named as: "This Thread Is For Test Only". Click here to go there.

Q: Can I recommend this site or a webpage to my friends?
A: Yes. Why not share good things with your friends?! You can do it by clicking a link "Email this site >>>" in the sidbar of this site. You can also do it simply by clicking the envelope logo at the end of each post. Look at the photo and you will see. Click the picture to enlarge.






Q: Can I attach a photo with my post?
A: No, you can not. If you have a very good stock chart or picture, you can tell me. I can upload it for you.

Q: I'm new to Thai stock market, is it easy to profit there?
A: The Stock Exchange of Thailand (SET) is relatively small compared with other stock markets. Due to its small size, SET is full of more speculations and risks, but in a sense, speculations = opportunities. If you select the right stock with the right timing, you make money for sure.

Q: I'd like to try my luck on Thai stock market. How do I start?
A: There are quite a number of stock brokerage firms in Thailand. I recommend some of them: Kim Eng, ASP, Seamico, KGI , all the brokerage firms. You can visit their sites by clicking the names and start a trial account.

Q: Can you guarantee that I make money?
A: Sorry, we can't. It's a free service.

Q: I notice some small flags on the side bar. What are they used for?
A: The flags represent different languages. Just click the flag, a new widow will open and the page will be automatically translated into the language. The accuracy is not satisfactory, but could be helpful for those who do not know English to understand the general idea of the web page.

Q: This site is somtetime loaded slowly. What can be done to improve it?
A: This blog is a little slow to load to your browser because of the rich contents. We try to shorten the page to improve it. On the other hand, are you using FireFox to surf this site? If not, I suggest you to try it. FireFox is faster and with Google search bar as well as it is FREE.

Q: How to check if a brokerage firm's research reports are useful?
A: The simplest way is read the report sumary and take notes of the target price of the stock they promote. Then wait for the time to prove them. If time proves most of them , the brokerage firm reports are good.

Q: How to check if a brokerager firm's recommendations are useful?
A: use the same method as above. Go to their website and compare their historic recommendations on "buy" and "sell" with the charts and you will know they are sinere or not.

Q: What is LPP? What does "cooking" mean?
A: LPP = Lock profit point. It's based on "trend is your best friend". When a stock shows possible cooking(price seems ready to go up), you just sit quietly at the table. As long as more dishes come to the table, you stay at the table, enjoying the courses of foods and dishes (This is "keep moving up the LPP"). Whenever the chef could not offer more dishes or the chef seems tired, you are to leave the table for another table (this is called "lock your profit"). When we say "Move LPP tightly", we advise you to set the "lock profit point" very near its high, which is usually in the case of a sudden big price increase and big volume; this strategy is to help you to maximize your prifit. When we say "move LPP to [x] or higher", we mean that you sell the stock at the price or at a higher price.

What does "set stop at" mean?
"Set Stop at [...] " means that after you buy a stock, you are strongly advised to get ready to sell your stocks if the price of the stock is going down instead of up and down to the price(stop point). For example, when we suggest you to buy BBL at 100 and "set stop at '90', we mean to say that you sell BBL if it's not going up to 110 but down to 95 -> 98 -> 90. This is to try to limit your loss as small as 10%. A tight stop = 3% loss. When we say use tight stop, we mean you have to sell your shares when the stock price is down 3% than your cost.

What does "brokeout" mean?
"Breakout" means the price of the stock has moved out of its previous support line, trend channel or box or pattern. This means that the stock is most probably going in an opposite direction.

What is "chase"?
"Chase" means that you are advised to buy the stock when it shows an "uptrend" signal.

What does RP or exit stand for?
"RP" is a short term for "reduce your stock position"; "reduce your stock position" means sell some of your stock shares. "Exit" means sell all of the stock shares.

How to start?
If you are new, you are strongly advised to start slowly, don't invest (or gamble) with much money until you are more familiar with the trading. It can take a year or more. Don't follow the advise here blindly. Check the fundamentals of the stocks as well and read the news, especially the daily news regarding the stocks given by the stock exchange of thailand. Be careful with recommendations from the broker, they act many times in the interest of their big clients and often give buy recommendations because they want to sell the stock for their favorit customers. That's why we stick here more to technical analysis. Try to do some paper trading, which means you don't actually buy the shares but instead note down the trades you would have made and follow them up. This will save you a lot of money. Do this for several month till you see that your trades would have been successful and outperformed the market. You will need to learn about this market, even if you have trading experience in other countries. There are many things to learn, like which stocks are only pushed up for 1 day and might fall back to where they came from, which stocks are played by foreigners, which by the locals, which by people from certain political groups, that a high bid volume is often fake and indicates a bearish stock and so on...

Q: If I think there are some other "Q & A" should be added in the FAQ?
A: Any suggestions are most appreciated. You can post your suggestions under the latest thread.

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