Have you been to Pasar Malam lately?Did you see who sells to you durian? Yes the Indonesian, some says Achenes.They are becoming richer by the day with no income tax form to fill and etc.
I have a durian orchard with all planted with durians, D24 ,D 2, all the variety of D's.When durians started to bloom flowers, these Indon came and spy with their eyes open and ask us if we want to lease the plot just to harvest the fruits.
We city people with no luxury of time usually lease the plot for that particular period of time to take the fruits only.They will not sign any agreement with you until 1-2 months later.Did You know why? Because they want to make sure the flowers are fully intact and really bear fruits and fruits are intact and countable and their profit objective are met.
Isnt it common sense? They do not bottom fishing that is buying when the durian bloom with flowers and waiting long enough for lot of uncertainties .Why? Because of of to much heat and rain the flowers will not bloom and falls to the ground.They will wait until the size fruits are seen (pattern) and the numbers are they.(price objective)
This is the analogy that I am practicing not to bottom fishing .Why not wait until the KLCI or any stocks that ur monitor is having the definite pattern or on the verge of breaking out and then start to buy.Why?Coz the waiting time will be less and a lot of uncertainties are minimized.Other then that we can use the fund for other profitable venture which can generate income.
In summary stick to fundamental first then time your entry as good as possible though not good enough is better than not having. AS TA itself is also not perfect .
Thanks for reading.
