Market View 19 October 2011

With the US indexes up in overnight trade,
will the market goes up again and resume
the recent upside? I believe that the market
will open higher but ended the way weaker.
Some readers I know had bought some stocks
when there is a pool of reds in the market yesterday.
It is good to stick to a trailing stop in such
a market environment.

Ok, there are some emails asking for the
technique or methods that I am using to trade
stocks. Frankly and seriously, there is no way that
I will reveal every single techniques and methods
that I am using in the blog. But being "授之以鱼，也要授之以渔,
I will seek to give out some pointers along the way.
Some of the techniques have been acquired
through experiences in my trading years and
some have been modify or  "enhance" to suit our
local trading arena.

There is one trading technique that I have been
using for many years and it is very simple and
market-friendly, and it is called Darvas Box Theory
developed by the late Nicolas Darvas. You can either
choose to read up his books or like what many
nowadays like to do, just Google it. I will reveal
other techniques or methods the next time.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.

If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山 

别人笑我太疯颠，我笑别人看不穿