Hey folk
I am back from call of duty. Is abit too late now to tell you that the correction is not over yet. There are still some room to drop. We are entering into the CNY week, a holiday season obey and celebrated by most chinese among the world.
The drop could last till after CNY. But for sure it will last till CNY for trading on Monday, Tueday and half day on Wednesday. Traditionally, before CNY the market will move up and then come down after CNY. But you are seeing the mkt coming down before CNY. Will it go up after CNY is still a question.
Sunday, January 30, 2011
Sunday, January 23, 2011
Some interesting chat and fact
I bump into a friend a week ago and the first thing we talk about is the market. So i ask him how is he doing in the market. He reply in a sad tone saying that he is not doing good. Then i ask him how about the whole of last year, did you made a profit. He said he dint made profit. Then we chatted and i ask him again, what happen that you dint made a profit last year. Din't I share with you my methods and recommend some useful books to read. He said he did read them but dint use it.Bcos he dint wan to cut lost. Anyway the general trend of the market is going up, so doesnt matter to cut lost anot, just hold it and hopefully in a couple of months can make money.
I told him you are gambling.If the price hit the cut lost price, pls cut lost. If you horizon for investment is 2 months, then follow it. Once it is 2 months take profit or cut lost. Right now his capital is stuck and some stocks that are moving up, he do not have the money to buy it.He is also afraid that if he sell out his current holding to buy these stocks, these stock might fall and the ones that he sold might rise. OMG what a contradict.
IF you are facing these problem pls wake up. Trading and investment should be a thing that is not pressurizing. Just follow the rule and dont let your emotion be in the picture.Dont use hope and luck analysis.
OK, Some fact of STI
I collected some data from 2007 to 2010 on the number of up days and the number of down days on STI.
Friday has always been a day where alot of people said that is a profit taking day as it approach the weekend, however to my surprise, it has the highest percentage of up days thru out 2007 to 2010. Then follow by Monday, Wednesday, Tuesday and Thursday. Thursday is the least number of up day thru out these years.
Which mean to say buying on Thursday and selling on Friday or the next Friday would have a higher chance of making money.
I told him you are gambling.If the price hit the cut lost price, pls cut lost. If you horizon for investment is 2 months, then follow it. Once it is 2 months take profit or cut lost. Right now his capital is stuck and some stocks that are moving up, he do not have the money to buy it.He is also afraid that if he sell out his current holding to buy these stocks, these stock might fall and the ones that he sold might rise. OMG what a contradict.
IF you are facing these problem pls wake up. Trading and investment should be a thing that is not pressurizing. Just follow the rule and dont let your emotion be in the picture.Dont use hope and luck analysis.
OK, Some fact of STI
I collected some data from 2007 to 2010 on the number of up days and the number of down days on STI.
Friday has always been a day where alot of people said that is a profit taking day as it approach the weekend, however to my surprise, it has the highest percentage of up days thru out 2007 to 2010. Then follow by Monday, Wednesday, Tuesday and Thursday. Thursday is the least number of up day thru out these years.
Which mean to say buying on Thursday and selling on Friday or the next Friday would have a higher chance of making money.
Friday, January 21, 2011
STI
STI
3210 have turn from support to resistance as ytd STI close at 3205.
You see the intraday STI hit pass 3210 and move below it and it attempt to move up again and drop below it..
If it cant move up 3210 at the end of the day closing then probably 3190s level will be expected.
3210 have turn from support to resistance as ytd STI close at 3205.
You see the intraday STI hit pass 3210 and move below it and it attempt to move up again and drop below it..
If it cant move up 3210 at the end of the day closing then probably 3190s level will be expected.
Thursday, January 20, 2011
STI update
STI : 3255 is the resistance
Today it hit 3257 for abt an hr and it cant hold.
next level of support 3229 or even lower to 3210
Today it hit 3257 for abt an hr and it cant hold.
next level of support 3229 or even lower to 3210
Monday, January 17, 2011
You want to Buy low Sell high or buy high and try to sell higher
In property market in Singapore, the govt have just announce another rule to cool the market down. It happen when property price are reasonable and people start to buy them, as people start to buy, more people will follow. Those who want a place to stay are afraid that they might not have a home and those who want to invest are afraid of not able to buy the property low enough to sell it at a higher price. So the cycle goes on and on. People are chasing for higher price, buying and buying.
The stock market is also the same. People chase price and the price of the market get higher and higher. which mean to say people are buying high and selling higher and some people are buying higher higher price and try to sell at higher higher higher price. When this happen, it often lead to a bad ending. It not about buy low sell high. But is buy high and trying to sell higher. Is investing a game of luck???If so, would it be better to buy 4D bcos the winning payout is many times higher than the amount you bet???
To invest is to put your money at calculated risk with the potential to earn profit. The word is calculated risk. Have you wonder why you buy this stock?Have you wonder is the price that you are buying a good and reasonable price? Have you wonder what the big boys are doing?etc
Even for these questions you ask yourself, there are alot of why in these why questions. Until you answer them, you are not taking calculated risk. Please do not take my broker, my friend, my relative, my whoever say is good and worst the newspaper or TV say can buy as an answer. Do not blame other people for your loses, bcos is your responsibility to know what your money is doing. Even if you make money out of an investment, you need to know why. If you do not know why mean you are just lucky. Luck will run out.
I have seen many people losing money in the market.They have initial plan to buy and sell in the next couple of months but bcos they dint analysis well enough, the couple of months drag to a year and slowly they decide to keep it for long. Then they invest another sum of money in the market with the same thinking.Unfortunately, the stock dint perform and it turn out to be a long long term investment.So please for your benefit, have calculated risk and do not be lazy, control your emotion.If the money is stuck in that stock you not only lost the money that are stuck but you lost the opportunity cost to make more money or for other purposes.
I am a short term trader and do not like to hold long term position unless on mutual funds. So when reading my blog, do consider the fact that my style and way of investing may differ from you as a person.Nevertheless, you can use this blog as a reference.I have been trading for 5 years and have seen more sad people that lost money than happy people whom win money. Trading is not for everyone but investing is. However invest with calculated risk.
The stock market is also the same. People chase price and the price of the market get higher and higher. which mean to say people are buying high and selling higher and some people are buying higher higher price and try to sell at higher higher higher price. When this happen, it often lead to a bad ending. It not about buy low sell high. But is buy high and trying to sell higher. Is investing a game of luck???If so, would it be better to buy 4D bcos the winning payout is many times higher than the amount you bet???
To invest is to put your money at calculated risk with the potential to earn profit. The word is calculated risk. Have you wonder why you buy this stock?Have you wonder is the price that you are buying a good and reasonable price? Have you wonder what the big boys are doing?etc
Even for these questions you ask yourself, there are alot of why in these why questions. Until you answer them, you are not taking calculated risk. Please do not take my broker, my friend, my relative, my whoever say is good and worst the newspaper or TV say can buy as an answer. Do not blame other people for your loses, bcos is your responsibility to know what your money is doing. Even if you make money out of an investment, you need to know why. If you do not know why mean you are just lucky. Luck will run out.
I have seen many people losing money in the market.They have initial plan to buy and sell in the next couple of months but bcos they dint analysis well enough, the couple of months drag to a year and slowly they decide to keep it for long. Then they invest another sum of money in the market with the same thinking.Unfortunately, the stock dint perform and it turn out to be a long long term investment.So please for your benefit, have calculated risk and do not be lazy, control your emotion.If the money is stuck in that stock you not only lost the money that are stuck but you lost the opportunity cost to make more money or for other purposes.
I am a short term trader and do not like to hold long term position unless on mutual funds. So when reading my blog, do consider the fact that my style and way of investing may differ from you as a person.Nevertheless, you can use this blog as a reference.I have been trading for 5 years and have seen more sad people that lost money than happy people whom win money. Trading is not for everyone but investing is. However invest with calculated risk.
Sunday, January 16, 2011
Mkt update
US mkt: he US mkt of friday has perform very well. It had break to new high.It had signal to more upside coming. Again bonds have show significant weakness. So probably the market will be moving higher if this continue.However technical indicator are showing they have reach the peak and a drop will be coming.
Asia mkt:Asia mkt have not been so rosy as the US mkt. HSI and STI keep hitting resistance and there are some rooms to go down. Until i am proven that the mkt is going up, i m bearish about the mkt.
Crude oil:Crude oil price movement have show weakness and would be coming down for sometime before it move up again.
As i say before, nothing is 100% and it just for reference purposes
Asia mkt:Asia mkt have not been so rosy as the US mkt. HSI and STI keep hitting resistance and there are some rooms to go down. Until i am proven that the mkt is going up, i m bearish about the mkt.
Crude oil:Crude oil price movement have show weakness and would be coming down for sometime before it move up again.
As i say before, nothing is 100% and it just for reference purposes
Friday, January 14, 2011
Dollar cost averaging
Dollar cost averaging is a lazy man method to invest. The idea of this monthly small amount investment is for those people whom do not have lump sum to invest and build up their lump sum.The idea of this way of investing is to get a low average cost for the unit they buy. So timing of entry is important but is never significant.
If the market were to move side ways or up trend for years, you will make money for sure. If the market go down for years, of course you will lose money.However these are idea conditions, in actual fact market move up, sideways, down in all sort of combination. So to lost money in the market is only that the fund that you invest go down for yearsssss. But on the other hand, if the funds go down for months and it just take a little up for you to have profit. As you are investing a fix amount in a fix time period, so when the market is high, you will buy lesser units and when the market is low, you will buy more units which make the average cost per unit to go low. Thus a slight up move will be profitable. By now, i think you should know that the more volatile the fund movement, the more profitable you will get.
This method help to build up lump sum for individual, and you are investing in a diverse portfolio and at the same time a very low risk approach to investment.
If the market were to move side ways or up trend for years, you will make money for sure. If the market go down for years, of course you will lose money.However these are idea conditions, in actual fact market move up, sideways, down in all sort of combination. So to lost money in the market is only that the fund that you invest go down for yearsssss. But on the other hand, if the funds go down for months and it just take a little up for you to have profit. As you are investing a fix amount in a fix time period, so when the market is high, you will buy lesser units and when the market is low, you will buy more units which make the average cost per unit to go low. Thus a slight up move will be profitable. By now, i think you should know that the more volatile the fund movement, the more profitable you will get.
This method help to build up lump sum for individual, and you are investing in a diverse portfolio and at the same time a very low risk approach to investment.
As promise lump sum investment secret
As promise i will share abit on how to invest in Unit trust or mutual funds and be profitable even if the market is not doing well.
The concern of alot of people for lump sum investment is timing
1)timing: if you invest in the correct time, you will be able to buy low and sell high.
Next how do you know when is the low and when is the high???
The fact is it is hard to predict, even with technical and fundamental analysis, it cant pin point to the lowest low and the highest high. So the way to invest in lump sum investment in unit trust is to buy in with a certain percentage when the market come down and sell on the way up. However constant buying and selling will incur a hugh cost in fees if you are trading on stock or ETF.Thus unit trust is the only way to do it as there is free transaction fees.
How do you know how much percentage when the market go up or down is when you sell or buy?
That is the magic of this investing strategy, you can DIY too. Screen through some major funds and the major Indexes to find the max and min volatility. Then measure all the dips, corrections, up trend in term of percentage. Get an average out. Then test it on all the funds that you selected and major indexes.
From here you would have a better understanding of this strategy, of course if a chef review his recipe too much, soon his restaurant would be empty. This are some of the things that i can review to let you folk understand the concept of this investing concept.
The concern of alot of people for lump sum investment is timing
1)timing: if you invest in the correct time, you will be able to buy low and sell high.
Next how do you know when is the low and when is the high???
The fact is it is hard to predict, even with technical and fundamental analysis, it cant pin point to the lowest low and the highest high. So the way to invest in lump sum investment in unit trust is to buy in with a certain percentage when the market come down and sell on the way up. However constant buying and selling will incur a hugh cost in fees if you are trading on stock or ETF.Thus unit trust is the only way to do it as there is free transaction fees.
How do you know how much percentage when the market go up or down is when you sell or buy?
That is the magic of this investing strategy, you can DIY too. Screen through some major funds and the major Indexes to find the max and min volatility. Then measure all the dips, corrections, up trend in term of percentage. Get an average out. Then test it on all the funds that you selected and major indexes.
From here you would have a better understanding of this strategy, of course if a chef review his recipe too much, soon his restaurant would be empty. This are some of the things that i can review to let you folk understand the concept of this investing concept.
mkt update
hey folk
in this few days the mkt have much movement. Go up in the morning and came down after lunch or vice versa. It show uncertain and i foresee more drop will come in. trade with cautious.
in this few days the mkt have much movement. Go up in the morning and came down after lunch or vice versa. It show uncertain and i foresee more drop will come in. trade with cautious.
Coming up
Hey folk
a quick mkt update: this mkt is not going to hold. I guess there are more rooms to drop. Forget about all the entry for indoagri and genting. i will post up some charts thru the weekend.
Dollar cost averaging advantages will be shown thru the weekend too.
For the final phase of testing, turning 10 k to 1 Mil, we have gone thru the test and it have pass the test. It is not as fantastic as it seems, and not everyone may be able to take this concept of investment. So if you are interested, pls let me know and i share with u.
a quick mkt update: this mkt is not going to hold. I guess there are more rooms to drop. Forget about all the entry for indoagri and genting. i will post up some charts thru the weekend.
Dollar cost averaging advantages will be shown thru the weekend too.
For the final phase of testing, turning 10 k to 1 Mil, we have gone thru the test and it have pass the test. It is not as fantastic as it seems, and not everyone may be able to take this concept of investment. So if you are interested, pls let me know and i share with u.
Tuesday, January 11, 2011
How to turn 10k to 1 Million
Hey folk
There aer many ways to turn 10k to 1 Million. A world reowned trader did that in 1 year and he repeatedly do it for several years.He did it again and again and he taught his daughter about this, guess what his daughter did the same as his father. His theory is there is no magic, it is hard work. He research very deep into the market to find relations, patterns and many other things. He traded on futures and commodities market to achieve this dream. However he did say trading is not for everyone, but investment is for everyone. He too started off with long term investment and when he master that,this is when he start to shorten his investment period to day trading.
Coincidentally, there are ways to invest in funds too to get this result. But definitely, it cant be one year and you are not trading funds. After many months of trial and error, My colleague and I are near the final testing stage.Would it pass the test, i do not know the answer yet.i will keep my fingers cross on that.
There aer many ways to turn 10k to 1 Million. A world reowned trader did that in 1 year and he repeatedly do it for several years.He did it again and again and he taught his daughter about this, guess what his daughter did the same as his father. His theory is there is no magic, it is hard work. He research very deep into the market to find relations, patterns and many other things. He traded on futures and commodities market to achieve this dream. However he did say trading is not for everyone, but investment is for everyone. He too started off with long term investment and when he master that,this is when he start to shorten his investment period to day trading.
Coincidentally, there are ways to invest in funds too to get this result. But definitely, it cant be one year and you are not trading funds. After many months of trial and error, My colleague and I are near the final testing stage.Would it pass the test, i do not know the answer yet.i will keep my fingers cross on that.
Monday, January 10, 2011
Mkt update
Hey folk
As i told everyone that the mkt is gng down. here u see the mkt going down today.
How do i know it?is technical analysis.
There are still some room to drop.If you hit stop lost price pls pls exit now. For me, i am hunting stock to buy. no signal to buy yet. Indo and Golden is more or less ready soon.
indoagri buy price 2.85 cut lose price 2.73
Goldenagri buy price 0.805 cut lost price 0.765
Pls if you use the above method to buy, follow strictly the buy price and cut lost price.if you miss it, then so be it. but if you chase the price or enter before the price then trade at your own risk.Even buying at the exact price dont gurantee a investment return.Having said that i am going to follow strictly the price to buy n cut lost
As i told everyone that the mkt is gng down. here u see the mkt going down today.
How do i know it?is technical analysis.
There are still some room to drop.If you hit stop lost price pls pls exit now. For me, i am hunting stock to buy. no signal to buy yet. Indo and Golden is more or less ready soon.
indoagri buy price 2.85 cut lose price 2.73
Goldenagri buy price 0.805 cut lost price 0.765
Pls if you use the above method to buy, follow strictly the buy price and cut lost price.if you miss it, then so be it. but if you chase the price or enter before the price then trade at your own risk.Even buying at the exact price dont gurantee a investment return.Having said that i am going to follow strictly the price to buy n cut lost
Sunday, January 9, 2011
Mkt Update
I find out that my signal always came in quite early either to sell or buy. Early in the sense a pre- warn to take profit or to buy.
As said in my last posting that the mkt will come down. indeed thing came down on fri and i think it will come down abit more before another up run.
Dow Jones Ind: Unless it can break 11730, it will settle down for awhile
HSI: it been supported @ 23647, however there are sign of weakness.
STI: it been supported @ 3250, there are sign of weakness too.
US dollar index: is moving up quite strong and resistance at 81.2.
As said in my last posting that the mkt will come down. indeed thing came down on fri and i think it will come down abit more before another up run.
Dow Jones Ind: Unless it can break 11730, it will settle down for awhile
HSI: it been supported @ 23647, however there are sign of weakness.
STI: it been supported @ 3250, there are sign of weakness too.
US dollar index: is moving up quite strong and resistance at 81.2.
Wednesday, January 5, 2011
Hey Folk I am back
Hey folk
I am back. It been a month since i posted anything. I went to China with my family for holiday. It was fantastic. Learning more about history and visiting of palace and also seeing cities. Beijing is a very nice city, full of culture, there are many things overthere that have long story behind them. The city itself have grew in a tremendous pace. I think soon Beijing will be a cosmopolitan city where culture, arts and future combine as one.
One of the very interesting things i learn from there is feng shui. I am a none believer of all this things, until i am really expose to it. In ancient China, palace, house and whatever are revolving around with feng shui. If you notice the city planning of Beijing from ancient time till now, you realise that all the important buildings like Tiananmen, the olympic stadium are all build in one straight line which is on the Long Mai. This will ensure them prosperity and health to the people.
Another interesting thing i found out from a feng shui master overthere is that in Singapore, our country is build on that too. Due to continue development of our island country, we need to dig tunnel for MRT and tunnel. We accidentally cut through a Long Mai and a few days later a hotel collapse. This happen way before my time, i think i was just 1 year old. Then in order to restore it, the govt made all of us carry ba gua. How they did that??Put the ba gua on our $1 dollar coin. Next on our 2,10,50 dollar note you notice that on the 2, 10 , 50 number on the note, there are some picture on the figure.Actually they mean fu lu shou.Observe carefully and you will know the chinese name of it and relate to fu lu shou.
This made me realise there are many hidden meaning in the common things we have, see and do. For the market, we also face the same problem day in day out. There are so many hidden secret which made known will be so obvious. As you see the building of a nation take so many years to get the feng shui correct. In trading please do not attempt to want to make money in the quickest way possible.(My own experience tell me that this will kill) Be patient, trading is not for everyone but investing is.Even a veteran and world reown trader whom turn 10k to 1Mil in a year many times have say that one have to master long term investment first before going into short term trading. If you can make 5 to 9 % per year in investing then you can consider going into shorter term trading.
So dont rush. For my all of you folk, i am going to share with you a strategy call dollar cost averaging and the probably you will made money using this method in the next post.
Mkt update
I back to work. So I am going to give you folk some update of the mkt.
There are profit taking activity today and i suspect that this will continue.
Us dollar will strengthen
Bonds price will go down abit more and move up.
Which mean stock will go down.
Crude oil have move up a fair bit as of last week and you witness it heading south
HSI: from indicator, HSI may come down
STI: I close above 3249 slightly, so it is rather safe. However still have to see how Dow is doing tonight
Dow: Yesterday the market dint perform very well, it had a inside bar. Though is still a uptrend but there are sign of profit taking
Gold:Gold drop sooo much yesterday.It not a good sign.Just show that profit taking in all place is happening.
Where the Money goes....to the Dollar
THis is jus my opinion. Nothing is 100%
I am back. It been a month since i posted anything. I went to China with my family for holiday. It was fantastic. Learning more about history and visiting of palace and also seeing cities. Beijing is a very nice city, full of culture, there are many things overthere that have long story behind them. The city itself have grew in a tremendous pace. I think soon Beijing will be a cosmopolitan city where culture, arts and future combine as one.
One of the very interesting things i learn from there is feng shui. I am a none believer of all this things, until i am really expose to it. In ancient China, palace, house and whatever are revolving around with feng shui. If you notice the city planning of Beijing from ancient time till now, you realise that all the important buildings like Tiananmen, the olympic stadium are all build in one straight line which is on the Long Mai. This will ensure them prosperity and health to the people.
Another interesting thing i found out from a feng shui master overthere is that in Singapore, our country is build on that too. Due to continue development of our island country, we need to dig tunnel for MRT and tunnel. We accidentally cut through a Long Mai and a few days later a hotel collapse. This happen way before my time, i think i was just 1 year old. Then in order to restore it, the govt made all of us carry ba gua. How they did that??Put the ba gua on our $1 dollar coin. Next on our 2,10,50 dollar note you notice that on the 2, 10 , 50 number on the note, there are some picture on the figure.Actually they mean fu lu shou.Observe carefully and you will know the chinese name of it and relate to fu lu shou.
This made me realise there are many hidden meaning in the common things we have, see and do. For the market, we also face the same problem day in day out. There are so many hidden secret which made known will be so obvious. As you see the building of a nation take so many years to get the feng shui correct. In trading please do not attempt to want to make money in the quickest way possible.(My own experience tell me that this will kill) Be patient, trading is not for everyone but investing is.Even a veteran and world reown trader whom turn 10k to 1Mil in a year many times have say that one have to master long term investment first before going into short term trading. If you can make 5 to 9 % per year in investing then you can consider going into shorter term trading.
So dont rush. For my all of you folk, i am going to share with you a strategy call dollar cost averaging and the probably you will made money using this method in the next post.
Mkt update
I back to work. So I am going to give you folk some update of the mkt.
There are profit taking activity today and i suspect that this will continue.
Us dollar will strengthen
Bonds price will go down abit more and move up.
Which mean stock will go down.
Crude oil have move up a fair bit as of last week and you witness it heading south
HSI: from indicator, HSI may come down
STI: I close above 3249 slightly, so it is rather safe. However still have to see how Dow is doing tonight
Dow: Yesterday the market dint perform very well, it had a inside bar. Though is still a uptrend but there are sign of profit taking
Gold:Gold drop sooo much yesterday.It not a good sign.Just show that profit taking in all place is happening.
Where the Money goes....to the Dollar
THis is jus my opinion. Nothing is 100%
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