Don't you just love the US market?
It can simply blow Hot and Cold every
trading day, and lead the global market
with it.
What can we expect from our market today?
Yesterday, if you stay until the market
bell rings, you will notice that many "Hot" stocks
have climbed up from the day-low at
the last 2 trading hours. Therefore, expect them
to gap-up intraday, but how high they will surge,
and how long they will surge, I don't know.
Just follow what the market scripts, and
once again, expect the unexpected.
For Full-time traders and/or investors who
want to chat with me, you can connect to me
via Skype at my email address or username
stocklobang.
Hope to chat with you soon.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, November 14, 2008
Thursday, November 13, 2008
Market View 13 Nov 2008
Will I be surprise if the current-red stocks become
green later?
No, not a bit of surprise...
but I will be Shocked if you don't know how to
react to such situation.
Will the market definitely move north later?
I don't know, and I don't wish to predict.
I just follow the market script, and at times,
oppose what is in the script.
I will be sticking to the below stocks today:
Cosco, Noble, Sinoenv, Li Heng, YZJ and Yanlord.
It will be more than enough just to earn a few cents
from them.
Just remember that you can earn $$ through trend
trading, and you can also earn $$ through counter-trend
trading. The mindset need to be tuned to both frequency,
and not fixed on one.
I will leave you to ponder over what I said.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
green later?
No, not a bit of surprise...
but I will be Shocked if you don't know how to
react to such situation.
Will the market definitely move north later?
I don't know, and I don't wish to predict.
I just follow the market script, and at times,
oppose what is in the script.
I will be sticking to the below stocks today:
Cosco, Noble, Sinoenv, Li Heng, YZJ and Yanlord.
It will be more than enough just to earn a few cents
from them.
Just remember that you can earn $$ through trend
trading, and you can also earn $$ through counter-trend
trading. The mindset need to be tuned to both frequency,
and not fixed on one.
I will leave you to ponder over what I said.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
Wednesday, November 12, 2008
Market View 12 Nov 2008
I received a very interesting email from my report mailing list
asking me why am I always suggesting trading idea on the same
stocks, like Noble, Cosco, Straits Asia, etc?
My open answer will be: that is because they are the "Hot"
trading stocks, and they will have the volume, liquidity, volatility
every trading day, and that is what you required in making
money from trading. Moreover, they are still "tradeable"
as shown in my chart, so I just have keep trading them,
and squeeze them dry, if I have to.
I don't believe in having many stocks in your watchlist,
and today trade Stock A, tomorrow Stock B, and maybe
trading different stocks everyday, this don't really works well.
You can make money just by sticking to a handful of
"Hot" trading stocks, and through observation and actual
trades, you will know the "pattern" and "behaviour"
of the stock, which give you an unfair edge over the others
trading the same stocks.
You need to realise that 80-90%, maybe even more of each
day's and stocks volume is done by institution traders, house
traders, or maybe the so-called "Invisible Hand". This is
especially true for the "Hot" stocks. Stocks change hands
between the Big Boys in an attempt to fulfil the "goal"
of "Price Discovery", be it up or down. By sticking to the
same stocks, somehow or another, you will gain some
"insight" on the stock.
Hope that the readers can learn something today from
my "crazy" 2 cts view.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
asking me why am I always suggesting trading idea on the same
stocks, like Noble, Cosco, Straits Asia, etc?
My open answer will be: that is because they are the "Hot"
trading stocks, and they will have the volume, liquidity, volatility
every trading day, and that is what you required in making
money from trading. Moreover, they are still "tradeable"
as shown in my chart, so I just have keep trading them,
and squeeze them dry, if I have to.
I don't believe in having many stocks in your watchlist,
and today trade Stock A, tomorrow Stock B, and maybe
trading different stocks everyday, this don't really works well.
You can make money just by sticking to a handful of
"Hot" trading stocks, and through observation and actual
trades, you will know the "pattern" and "behaviour"
of the stock, which give you an unfair edge over the others
trading the same stocks.
You need to realise that 80-90%, maybe even more of each
day's and stocks volume is done by institution traders, house
traders, or maybe the so-called "Invisible Hand". This is
especially true for the "Hot" stocks. Stocks change hands
between the Big Boys in an attempt to fulfil the "goal"
of "Price Discovery", be it up or down. By sticking to the
same stocks, somehow or another, you will gain some
"insight" on the stock.
Hope that the readers can learn something today from
my "crazy" 2 cts view.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
Tuesday, November 11, 2008
Market View 11 Nov 2008
Sorry for being late in posting today due to
some unforeseen trading issues.
I don't have much to say today, other than
trade those "Hot" trading stocks.
Today most interesting stock will be
Noble, after announcing result yesterday.
If you don't know how to trade after-result
stocks, then please stay out.
As you all may know, I am a full-time trader
so I am looking for fellow full-timer as well,
to talk cock with and maybe some deeper
TA discussion??!! HaHa.....
If you are also a full-timer, past-timer-turned-full-timer,
or future full-timer, give me a ring at my email.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
some unforeseen trading issues.
I don't have much to say today, other than
trade those "Hot" trading stocks.
Today most interesting stock will be
Noble, after announcing result yesterday.
If you don't know how to trade after-result
stocks, then please stay out.
As you all may know, I am a full-time trader
so I am looking for fellow full-timer as well,
to talk cock with and maybe some deeper
TA discussion??!! HaHa.....
If you are also a full-timer, past-timer-turned-full-timer,
or future full-timer, give me a ring at my email.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
Monday, November 10, 2008
Market View 10 Nov 2008
It was an very interesting tag-of-war between the
bull and bear in last friday's market, and if you
never watch the whole game till the whistle blow,
you have missed out in some trading opportunities.
It's OK.
Today I will share with you a trading "secret"!!
Well....not really a trading secret, but a trading
trick.
I simply like to keep track of stocks trading at
about 85cts to 95cts, because of the risk/reward
trading them, but they MUST have volatility and
liquidity, that is, they are "Hot" trading stocks.
You should know that stocks that are below
$1 move at $0.005 each bid, and stocks above
$1 and less than $10 move at $0.01 each bid.
If you buy a stock near to the magic $1 level, your
downside is 0.005 per bid, but if the stock rises
above $1, you will be winning 0.01 per bid, so your
reward level will be better, and you got the little edge
over the others. It is this edge that differentiate the
good and the better traders.
So in summary, keep track and seek to buy those
stocks near the $1 level for a better risk/reward
edge. For a feel of some stocks in this categories,
we have Straits Asia, Cosco, Noble, Yanlord, and
a highly in-comer Swiber.
This trick is known to many, but I don't see many
sharing out, so I hope that it will be beneficial to
all.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
我生来一贫如洗，但绝不能死时仍旧贫困潦倒!
索罗斯 George Soros
bull and bear in last friday's market, and if you
never watch the whole game till the whistle blow,
you have missed out in some trading opportunities.
It's OK.
Today I will share with you a trading "secret"!!
Well....not really a trading secret, but a trading
trick.
I simply like to keep track of stocks trading at
about 85cts to 95cts, because of the risk/reward
trading them, but they MUST have volatility and
liquidity, that is, they are "Hot" trading stocks.
You should know that stocks that are below
$1 move at $0.005 each bid, and stocks above
$1 and less than $10 move at $0.01 each bid.
If you buy a stock near to the magic $1 level, your
downside is 0.005 per bid, but if the stock rises
above $1, you will be winning 0.01 per bid, so your
reward level will be better, and you got the little edge
over the others. It is this edge that differentiate the
good and the better traders.
So in summary, keep track and seek to buy those
stocks near the $1 level for a better risk/reward
edge. For a feel of some stocks in this categories,
we have Straits Asia, Cosco, Noble, Yanlord, and
a highly in-comer Swiber.
This trick is known to many, but I don't see many
sharing out, so I hope that it will be beneficial to
all.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
我生来一贫如洗，但绝不能死时仍旧贫困潦倒!
索罗斯 George Soros
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