Interestingly, now "Greece had backed away from
a proposed referendum that could threaten its
membership in the euro zone and the European
Central Bank surprised the markets with an interest
rate cut", market looks like resuming its course to
the upside. Although there maybe nasty surprises
and occasional strong headwind on the horizon,
I stick to my view that we will have a good November
to January period and we should have a profitable
year-end rally. Just be prepared for it.
Some skype members wanted me to talk about
the "Experiences" that I mentioned yesterday.
I believe that experiences will come when you have
deal with Mr Market long enough. I am not saying
about doing paper-trading as there is no emotions
involved and you never put money on the line and
you simply can't appreciate the meaning of Risks.
Whether you win or lose in the market, you will gain
knowledge and experience along the way, although
you will remember the trades deeper when you lost.
After all the battle scars suffered, and you look back
at your "records", then you will become battle-harden
and you will know how to deal with whatever circumstances
that Mr Market throw at you.
Before all these, I am not saying that to be gung-ho
and just plunge into market without fear. Well...some
people I know simply don't know what is Fear, and the
result can be disastrous. To be a doctor, lawyer or
any professional, you need to study the relevant knowledge
and then proceed on to the practical parts and become
better and better along the way. The same can be said
about Trading too. It is very simple to trade but it is
never easy to win. I recommended few books weeks ago
that I stated will benefit those interested to know Mr Market
more, how many of the readers actually bother to pick
them up and have a good read at it. Many are just gamblers
and punters when they are trading and winning and
losing are just pure luck. I don't entirely believe in luck in
the market, I believe in preparing for any trade and just
leave luck to where it belongs.
Albert Einstein said before, "Insanity is doing the same thing,
over and over again, but expecting different results."
This is exactly what happened to many retailers in the market
at any time. I rest my case.
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
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, November 4, 2011
Thursday, November 3, 2011
Market View 3 November 2011
There is a saying in the market that "Always
expect the unexpected" and indeed we saw it
happening in the last 2 days. I actually expected
a bloodbath yesterday in the blog but it turned
out to be a greengrass-bath instead. Luckily,
I just need to do some re-adjustment and I am
back in the market with ease. Maybe I need to
take a flower-bath to get rid of any negative energy
and force around me. 8-)
Market is giving us see-saw sessions nowadays
and will continue to do so given the uncertainities
and expectation and rumours circulating in the air.
All these noises turn into Fears and that is why I
received feedbacks from the members on what to
do next. Many a time, I have seen such market condition
and sentiment aplenty having been in it for quite
some time, and I can say that experiences really
play a part. Because you have seen something
happening again and again, you "automatically" know
how to deal with it when it presents itself to you.
I just realised that there is a comment posted yesterday
in the blog, "Blood shed? its positive 1% u idiot!
dun just follow blindly... when US is down, u say STI
will go down... when US is up.. u say STI will go up
Stop stating the obvious!"
The first part of the comment have been addressed in
the beginning of the blog, but the second part about I
just stating the obvious is entirely wrong. I believe the
readers can testify for me that even as US is down,
I will still write that after an initial pullback, we will finish
the day stronger and in the green. When US rallied
overnight, I still wrote that to trade with caution as the
momentum won't last for the full day. It is either the
comment owner choose to ignore this fact or have been
reading the blog for just a short period. Anyway, the readers
have their own bright eye to know that I am telling
the truth.
I still have readers who bought yesterday when it was
still all-red in the early trading day. For them, just have a
trailing stop ready and let the profit runs.
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
expect the unexpected" and indeed we saw it
happening in the last 2 days. I actually expected
a bloodbath yesterday in the blog but it turned
out to be a greengrass-bath instead. Luckily,
I just need to do some re-adjustment and I am
back in the market with ease. Maybe I need to
take a flower-bath to get rid of any negative energy
and force around me. 8-)
Market is giving us see-saw sessions nowadays
and will continue to do so given the uncertainities
and expectation and rumours circulating in the air.
All these noises turn into Fears and that is why I
received feedbacks from the members on what to
do next. Many a time, I have seen such market condition
and sentiment aplenty having been in it for quite
some time, and I can say that experiences really
play a part. Because you have seen something
happening again and again, you "automatically" know
how to deal with it when it presents itself to you.
I just realised that there is a comment posted yesterday
in the blog, "Blood shed? its positive 1% u idiot!
dun just follow blindly... when US is down, u say STI
will go down... when US is up.. u say STI will go up
Stop stating the obvious!"
The first part of the comment have been addressed in
the beginning of the blog, but the second part about I
just stating the obvious is entirely wrong. I believe the
readers can testify for me that even as US is down,
I will still write that after an initial pullback, we will finish
the day stronger and in the green. When US rallied
overnight, I still wrote that to trade with caution as the
momentum won't last for the full day. It is either the
comment owner choose to ignore this fact or have been
reading the blog for just a short period. Anyway, the readers
have their own bright eye to know that I am telling
the truth.
I still have readers who bought yesterday when it was
still all-red in the early trading day. For them, just have a
trailing stop ready and let the profit runs.
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
Wednesday, November 2, 2011
Market View 2 November 2011
Look like we started the first trading day
in November with a "bang" and most stocks
were hammered down yesterday due to the
news that Greek is calling for a confidence
vote and a referendum to the last week's deal.
What a "great" unforeseen move by the Greek
government?!
It is going to be another bloodbath today looking
at overnight closing figure from Europe and US.
But if the scale of selling gets too much to my
"liking" then I will also start putting some money
into the market again. Seriously, if you are not
comfortable about the market now, just don't
make any transaction for the time being. But if
you know what you are doing and what are the
risks involved at this juncture, then this maybe
a wonderful time to put in the net.
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
in November with a "bang" and most stocks
were hammered down yesterday due to the
news that Greek is calling for a confidence
vote and a referendum to the last week's deal.
What a "great" unforeseen move by the Greek
government?!
It is going to be another bloodbath today looking
at overnight closing figure from Europe and US.
But if the scale of selling gets too much to my
"liking" then I will also start putting some money
into the market again. Seriously, if you are not
comfortable about the market now, just don't
make any transaction for the time being. But if
you know what you are doing and what are the
risks involved at this juncture, then this maybe
a wonderful time to put in the net.
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
Tuesday, November 1, 2011
Market View 1 November 2011
The first trading day of November and
it is likely another weaker day but I expect
to see a good month ahead. To me, a
pullback now is a very good opportunity to
pick up some bargain in anticipation of a
year-end rally which I strongly believe will come.
You can choose to ignore and disbelieve what I
say, and only time and Mr Market can prove
me wrong in the days ahead.
I mentioned that I believe that stocks should
pullback 5-8% from the recent high and it
is looking very likely the case. Some skype
members asked whether they can contra the
counters when it is within range. Usually, I don't
really trade the stocks in the red unless I see
that a rebound is coming. I will pump money
into the stock and not contra or intra trade them.
But if you are really game for it, you can put in
a small position and have a cut-loss level in-place.
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
it is likely another weaker day but I expect
to see a good month ahead. To me, a
pullback now is a very good opportunity to
pick up some bargain in anticipation of a
year-end rally which I strongly believe will come.
You can choose to ignore and disbelieve what I
say, and only time and Mr Market can prove
me wrong in the days ahead.
I mentioned that I believe that stocks should
pullback 5-8% from the recent high and it
is looking very likely the case. Some skype
members asked whether they can contra the
counters when it is within range. Usually, I don't
really trade the stocks in the red unless I see
that a rebound is coming. I will pump money
into the stock and not contra or intra trade them.
But if you are really game for it, you can put in
a small position and have a cut-loss level in-place.
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
Monday, October 31, 2011
Market View 31 October 2011
We are in the last trading day of October and
what a roller-coaster ride it had been. Regardless
of what optimism, emotional and sentiment
driven events that had been driven up the market
lately, the party got to end somehow. And today,
it seems like will be the day.
I have told a few skype members last week and
I will put it in writing on the blog today. Given
the positive Europe debt crisis outlook, I believe
that a profit-taking pullback of 5-8% on the stocks
and index is pretty justified and it should start
today. When I say a pullback, it means a 5-8%
drop from the recent high which you can gathered
from the charts.
We have the leaders of G-20 meeting on Thursday to
discuss further about the debt deal and it will be an
all-eye main event this week. Then we will have the
October job data from the US this Friday. It is going to
be a very volatile and expectation-driven trading week
and a cautious mood will be just the stance to take.
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
what a roller-coaster ride it had been. Regardless
of what optimism, emotional and sentiment
driven events that had been driven up the market
lately, the party got to end somehow. And today,
it seems like will be the day.
I have told a few skype members last week and
I will put it in writing on the blog today. Given
the positive Europe debt crisis outlook, I believe
that a profit-taking pullback of 5-8% on the stocks
and index is pretty justified and it should start
today. When I say a pullback, it means a 5-8%
drop from the recent high which you can gathered
from the charts.
We have the leaders of G-20 meeting on Thursday to
discuss further about the debt deal and it will be an
all-eye main event this week. Then we will have the
October job data from the US this Friday. It is going to
be a very volatile and expectation-driven trading week
and a cautious mood will be just the stance to take.
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
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