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Thread: STOCKS THREAD

  1. #61

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    Quote Originally Posted by Simi View Post
    Regards to OUE

    can watch for a few days if bulls are able to push it up above last high

    Present candlestick formation not very ideal
    Its a

    BEARISH ENGULFING PATTERN


    compare this chart (highlighted in yellow rectangle box)with OUE last 2 days candle

    http://www.istockanalyst.com/help/Bearish_Engulfing
    Thanks Bros Simi and Cbsh

    Will monitor this stock in the next few days.

    Cbsh, wish I am savvy like in your bonds leverage but I got no guts. Haha

  2. #62

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    Don't worry about your cash is not generate return. I can tell that all my friends who use cash to trade stocks > 15 yrs. >90% are not making $$$ after many years of playing share. Herd instinct , failure to cut loss , GREED etc - Old habit dies hard. My friends & I have been trying to figure out how to manage human emotional weakness trading behaviour.

    1) Go fishing - learn to be patience ?

    2) search for Good courses that teach EQ trading but NONE.

    3) Write Greed Kills, Greed Kills & paste it on wall. But doesn't work.

    4) Record all trades so that I am able to see my mistakes. It work

    5) Record the Gurus investment seminar talk. But cant bring recorder in. Only use memory. Their strategy is fine but timing wrong because they are not GOD.

    6) Trade small lots to learn. Any mistakes made. The loss will not be big.

    7) b4 2008, I take blind risk to do ACCUMULATOR product which is easy money to make. I nearly bankrupt. Luckily I survived & learn from it with minimum loss

    etc etc

    It is only after the LEHMAN crisis, I finally practise EQ trading. I believe it is the investment journey U need to go through b4 U really understand the important of patience trading & buy only when there is FEAR in the market. Not to follow herd instinct investing.


    The older I get, the less I care about what people think of me. Therefore the older I get, the more I enjoy life.

    So when comes to investing. The older I get, the more experience I have. So the less I trust the Analyst stock recommendations, Goldman sach , Citibank , CS , SC , Morgan , SG stock gurus , friend & colleague hearsay investment tips etc etc.

    The older I get, I firmly believe that GREED investing , Herd investing, frequent trading of stocks , high leveraging in speculative derivative product (ELN , FCN , Accumulator ) , FX trading etc is a guarantee for failure in long run. So the older I get, the more I trust “FEAR investing”.

  3. #63

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    Hello Cbsh

    Always like reading your encouraging post..put me at ease.

    Cos always i hear people here always get 5-8% on their investment return where i get only 1% from the bank. sianz.

    I need to control my emotions in order not to anyhow jump into investment which will put me in loss-making position.

    Yes, I like your motto, 'be patience'...I think must really paste it on my wall. haha.

  4. #64
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    Quote Originally Posted by Simi View Post
    Disclaimer : Not a call to buy or sell


    Notice interesting Action in Gallant Venture

    Seems like accumulation

    Vested
    collected some more

  5. #65
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    Default

    It is important to only trade business that you understand and will not kaput overnight like ACCS or China Aviation Oil

    For example, I will never trade things like Olam or Noble Group as I don't understand WTF they are doing

    ST highlighted high dividend yield of HPH Trust on Sunday, today drops (but in line with other REITs)

    Just my 2c
    Ride at your own risk !!!

  6. #66
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    5-8% yes, but got to have the discipline to walk in and walk away, stay off.

    more than 10% must study very very hard, very Siong...
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  7. #67
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    May 2012
    Posts
    3,751

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    Quote Originally Posted by Werther View Post
    Hello Cbsh

    Always like reading your encouraging post..put me at ease.

    Cos always i hear people here always get 5-8% on their investment return where i get only 1% from the bank. sianz.

    I need to control my emotions in order not to anyhow jump into investment which will put me in loss-making position.

    Yes, I like your motto, 'be patience'...I think must really paste it on my wall. haha.
    Many banks fixed deposits and other products offer 2-3% the last I checked.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  8. #68
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    Quote Originally Posted by Kelonguni View Post
    5-8% yes, but got to have the discipline to walk in and walk away, stay off.

    more than 10% must study very very hard, very Siong...
    Precisely

    Have to monitor and work very hard
    Not every day can make 5~8%

    Key word is DISCIPLINE
    if manage to get correct counter "let it run" to maximize profits
    If wrong...ability to cut loss instead of losing shirt and pant

    So out of a few counters under watchlist
    Managed to get a Bull Eye on Gallant...already 7~8% liao
    Today closed at day high...tomorrow hope to see it go higher

  9. #69
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    Quote Originally Posted by Simi View Post
    Precisely

    Have to monitor and work very hard
    Not every day can make 5~8%

    Key word is DISCIPLINE
    if manage to get correct counter "let it run" to maximize profits
    If wrong...ability to cut loss instead of losing shirt and pant

    So out of a few counters under watchlist
    Managed to get a Bull Eye on Gallant...already 7~8% liao
    Today closed at day high...tomorrow hope to see it go higher
    If everyday 5-8 % you will be Peter Lim in a few years. I am talking about 5-8% a year.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  10. #70
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    Quote Originally Posted by Kelonguni View Post
    If everyday 5-8 % you will be Peter Lim in a few years. I am talking about 5-8% a year.
    Trading for fun

    my other income is more important

  11. #71
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    YingLi

    Interesting to watch

    After running up on the 28th May breakout from rectangle (0.29c)
    It has since pullback for the last 3 sessions on low daily volume

    Impulse buyers on contra due this Thursday and Friday
    and 0.29 will be the support to watch

    Todays close 0.30
    Next resistance at 0.335
    Support 0.29, with 0.285 accidental

  12. #72
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    Rex Intl

    Forming a Bull Flag after breaking out from Cup and Handle formation

    Next 1 ~ 2 days will be interesting to see of there is any
    life left from the bulls to break up from the flag

  13. #73

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    Quote Originally Posted by Simi View Post
    Rex Intl

    Forming a Bull Flag after breaking out from Cup and Handle formation

    Next 1 ~ 2 days will be interesting to see of there is any
    life left from the bulls to break up from the flag
    You are good at TA. It is really hard work.

    Do U have a STOP LOSS strategy for every trade ?
    Let Say U buy Gallant @31.
    Do U immediate key in STOP LOSS price @29 (10%) ?
    STOP LOSS - can be 5% to 10%.

  14. #74
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    Quote Originally Posted by cbsh38584 View Post
    You are good at TA. It is really hard work.

    Do U have a STOP LOSS strategy for every trade ?
    Let Say U buy Gallant @31.
    Do U immediate key in STOP LOSS price @29 (10%) ?
    STOP LOSS - can be 5% to 10%.
    Hi cbsh38584

    Discipline and patient is very important in trading

    Setting stop loss is a form of discipline
    Patient to read Live Action, the real Times and Sales are most important as
    short term and momentum trading


    If bought Gallant at 0.31 say on 20th May would cut if last low was broken
    at 0.29
    0.29 was created as a support since 7th April and was tested several times.

    To be precise 11 times therefore it shown to be a strong support

    Above only 1 aspect in TA

    Cheers

  15. #75
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    Look at smrt now
    Real time reading of SMRT
    1.485 / 1.49

    is it accumulation or distribution ?
    (Buying or selling)


    you win if you can determine and identify the actions

    Therefore it is no more a 50/50 like big small betting
    With help of TA, your percentage of winning is higher

    Best of Luck

  16. #76
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    Look at Gallant Live Actions

    Buying or selling

    0.355 / 0.36


    Note : the buy and sell referring to MM
    and not you and me

    If able to identify what the MM are doing...follow on the side of the MM

  17. #77

    Default

    Quote Originally Posted by Simi View Post
    Look at smrt now
    Real time reading of SMRT
    1.485 / 1.49

    is it accumulation or distribution ?
    (Buying or selling)


    you win if you can determine and identify the actions

    Therefore it is no more a 50/50 like big small betting
    With help of TA, your percentage of winning is higher

    Best of Luck
    I was invited to attend a investment Seminar organised by STD CHART many years ago (> 7 yrs). He showed the performance of a professional traders Vs average investors who just buy S&P chip (US) & hold for long term.

    The result shown that the professional trader return beat the investors who buy & hold strategy only by a few % after 10 yrs. But I believe the buy & hold strategy may not hold now.

  18. #78
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    There is no such thing called "buy & hold" for stocks, especially SGX listed stocks!
    You try doing that in Singapore stock market and your return may be worse than putting in fixed deposits over a 10 years period!
    As such, market timing is very important for stocks!
    However, in stocks, the tricky part is that when the price reaches "high historical price" may not mean really "high" now, and "low historical price" doesn't means really "low", which is why many people missed out profits / got burnt (selling too early and buying when they shouldn't!).................

    Quote Originally Posted by cbsh38584 View Post
    I was invited to attend a investment Seminar organised by STD CHART many years ago (> 7 yrs). He showed the performance of a professional traders Vs average investors who just buy S&P chip (US) & hold for long term.

    The result shown that the professional trader return beat the investors who buy & hold strategy only by a few % after 10 yrs. But I believe the buy & hold strategy may not hold now.

  19. #79
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    Quote Originally Posted by cbsh38584 View Post
    I was invited to attend a investment Seminar organised by STD CHART many years ago (> 7 yrs). He showed the performance of a professional traders Vs average investors who just buy S&P chip (US) & hold for long term.

    The result shown that the professional trader return beat the investors who buy & hold strategy only by a few % after 10 yrs. But I believe the buy & hold strategy may not hold now.
    Professional Trader can access to market information way ahead of us through their networking and trading tools (Bloomberg terminal)
    and also their size of trade

    What Teddy Sir said is true

    Set target, once reached take the profits, do not be greedy

  20. #80
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    Have you ever ask yourself ?

    Why buying on Fear and most of the time you win ?
    Why buying on Greed and most of the time you lose ?

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