My take for this time:
Genting, Noble and Ezra
Emini Snp500
Keep your emotion out, let the winner run and cut the loser.
Just sharing. Do not buy them now. The buying price are over.
Tuesday, May 31, 2011
5 Weeks advance indicator
Hey folk
My 5 weeks advance indicator shows me that we are going up these few weeks.
Nth is 100%
My 5 weeks advance indicator shows me that we are going up these few weeks.
Nth is 100%
Quote by Jesse Livermore
Hey folk
In case you guys wonder who is Jesse Livermore, he is a legendary speculator and surely one of the most fascinating characters in all of financial-market history.
He started trading when he was 14, he is a grammar school drop out in the late 1800s and early 1900s.
I just share with you some of the quote of his.
"The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."
This one below is more interesting
"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine - that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance."
Like i said before, trading or investment or even financial planning is how you hold your emotions, how you recognise the failure in yourself and ponder on the failure to want to change it better.
In case you guys wonder who is Jesse Livermore, he is a legendary speculator and surely one of the most fascinating characters in all of financial-market history.
He started trading when he was 14, he is a grammar school drop out in the late 1800s and early 1900s.
I just share with you some of the quote of his.
"The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."
This one below is more interesting
"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine - that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance."
Like i said before, trading or investment or even financial planning is how you hold your emotions, how you recognise the failure in yourself and ponder on the failure to want to change it better.
UP
Hey folk
There will most likely be a holiday reverse in the market. Which mean to say we are like doing not so good last week, so this week after the the Monday holiday in the US and the UK we are going higher.
STI and HSI both are moving higher and i expect more to come.
Like I said and i would like to say again, do not fall in love with downside.
I will not update my blog so frequently as i am studying some new technique to better trade the market. Hopefully i can discover the technique soon and i would like to share with you guys out there.
There will most likely be a holiday reverse in the market. Which mean to say we are like doing not so good last week, so this week after the the Monday holiday in the US and the UK we are going higher.
STI and HSI both are moving higher and i expect more to come.
Like I said and i would like to say again, do not fall in love with downside.
I will not update my blog so frequently as i am studying some new technique to better trade the market. Hopefully i can discover the technique soon and i would like to share with you guys out there.
Monday, May 30, 2011
Mkt update
Hey folk
I dint have time to update the blog last week.
Do not fall in love with the downside. Mkt for US and UK will be closed today.
I dint have time to update the blog last week.
Do not fall in love with the downside. Mkt for US and UK will be closed today.
Wednesday, May 25, 2011
Bearish??
Hey folk
we are not coming to the end of the world. No ! the market is not going to collapse!
Do not fall in love with the downside. A up move is after a down move and a down move is after a upmove. No up where is the down and no down where is the up.
Do your own homework. Select some good ones and we are entering a mega up move soon. How do I know? Technical analysis tell me so.
we are not coming to the end of the world. No ! the market is not going to collapse!
Do not fall in love with the downside. A up move is after a down move and a down move is after a upmove. No up where is the down and no down where is the up.
Do your own homework. Select some good ones and we are entering a mega up move soon. How do I know? Technical analysis tell me so.
Tuesday, May 24, 2011
What is your analysis on the market?
Hey folk
What is your analysis?
US indices have all hit the long trend line and rebound.
HSI and STI too have similar reaction. So what do your think. are your thinking what i am thinking?
USD have almost hit a the top of the long trend line.
What is your analysis?
US indices have all hit the long trend line and rebound.
HSI and STI too have similar reaction. So what do your think. are your thinking what i am thinking?
USD have almost hit a the top of the long trend line.
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