Market View 4 October 2013

A reader Skyped me yesterday with a good
question as to what a stock trader will 
do at a time like what we are going through 
now. Frankly, although there are many books
and seminars out there saying that everyone
can become a stock trader, I beg to differ from
this dangerous view. I don't believe anyone 
and everyone can become a trader as it really
require certain and various traits to become a
successful one. A good trader can sit through a
storm without twitching his fingers and eye-brow
when he see the stock price falling until he finally
sees "value" emerging. Can you do it?
You need not trade everyday but you trade big and
confidently when it is the right time. You pound on 
the wounded beast and try to squeeze out every
ounces of essence from it, can you do it?
You look at the market noises and you can gauge
and determine how the market is going to fare and
perform in the near term, and also for individual
stock from the trusted chart, can you do it?
I always tell readers who can't focus their attention
on the trading screen even if they are with a 
desk-bound job to switch to investing instead of
trying to play daily or contra game with Mr Market.
Stock investing and trading is not the same.
For a start, try to ask yourself how and why can a 
stock move up and down 1% every single day 
when its fundamental remains the same and 
it business are running as usual? If you can't
answer this question, then investing is the correct
and selected path for you.

Oh ya, if you wish to open a or another brokerage account  with Phillip Securities, then you can email or skype me with 
 your detail, and I will  link you up.
  Brokerage Account Opening
 
  If you are interested in our local brokerage's stock
call, then go to: Singapore Stock Reports For You           
 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 connect to me at my
email address: stocklobang@yahoo.com            
  You can also join my Group Chat too.
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