Disclaimers: - No communication should be considered as financial or trading advice. - All information in this lecture/course/seminar are intended and solely for educational purpose only. - They do not constitute investment advice in any manner whatsoever or have any regard to the specific investment objectives, financial situation or individual needs of any particular persons receiving them. - Examples are used for illustrative purposes only and do not constitute investment advice.
for a 3 to 5 bars or sometime more bars), it provided an good opportunity to add more lots
to anticipate further upsides therefore claiming more profits.
Happy Profitable Trading 2023!
Hit target level and reversed as expected. Next it will find support near USD45-47 level..
Previous Post>>
Updated recovery plan is a success
In one of the chapters, I shared how I would trade stocks that are going to give dividend at
a future date.
How I would take trade into the stock and ride the uptrend and sell one day before the Ex-date
and rotate my capital to another opportunity trade.
This strategy till date is still very effective if you know which stock to select.
Choose the correct stock is very important when looking into the list of stocks that are
going to announce dividend Ex-date.
Happy Profitable Trading!
Previous Post on the journey to repair a losing stock back to health. Click below..
Below: 24April 2021 Recovery Progress Tracking.
So far, the stock has moved up and met the execution plan @USD37 and @USD39.50.
We are on the last track to buy @USD45. This will help to recover the loss of USD700++ to
a estimated profits of USD250 if price goes up to USD47.
Nothing is for sure until it's happen. Meanwhile, stay relax and patience, let the Market does it
job while I monitor the progress with a cup of coffee..
Past post of how I repaired a trade which was losing the game. SIA.
Do click below the link and learn how to dot it. It will be helpful at time when you still
want to hold the stock for longer period and need to repair the stock back to health asap
so that your heart beat can be steady.
Cheers
Happy Profitable Trading 2021!
See the indicators triggered "Buy" Point for UOB-Kay Hian Stock as the price trends higher...
Still don't believe the power of the diamond indicators...
Check below. Years ago, when I started to code my personal system, I was hungry to test the
coding in different market such as Hong Kong Stock Market, Australia Stock Market, US Stock
Market and etcs.
The purpose was to make sure that the indicators work in all markets.
Below were a way that I tested to coding using a online virtual portfolio that mimicked the real
US market condition with virtual money of 1 Million Dollar.
I would over a period of time, consistently reviewed the stocks in the portfolio, replaced
the weak ones with stronger stocks. Over the time, it proved that the system was working fine
with 61% returns.
Click the links below to see the results!
The above trading strategy and methods are shared with limited number of closed friends
to show how I can make profits in the market with a clear goal and trading plan.
See the indicators triggered "Buy" Point for INNOTEK Stock as the price trends higher...
Still don't believe the power of the diamond indicators...
Check below. Years ago, when I started to code my personal system, I was hungry to test the
coding in different market such as Hong Kong Stock Market, Australia Stock Market, US Stock
Market and etcs.
The purpose was to make sure that the indicators work in all markets.
Below were a way that I tested to coding using a online virtual portfolio that mimicked the real
US market condition with virtual money of 1 Million Dollar.
I would over a period of time, consistently reviewed the stocks in the portfolio, replaced
the weak ones with stronger stocks. Over the time, it proved that the system was working fine
with 61% returns.
Click the links below to see the results!
The above trading strategy and methods are shared with limited number of closed friends
to show how I can make profits in the market with a clear goal and trading plan.
Still don't believe the power of the diamond indicators...
Check below. Years ago, when I started to code my personal system, I was hungry to test the
coding in different market such as Hong Kong Stock Market, Australia Stock Market, US Stock
Market and etcs.
The purpose was to make sure that the indicators work in all markets.
Below were a way that I tested to coding using a online virtual portfolio that mimicked the real
US market condition with virtual money of 1 Million Dollar.
I would over a period of time, consistently reviewed the stocks in the portfolio, replaced
the weak ones with stronger stocks. Over the time, it proved that the system was working fine
with 61% returns.
Click the links below to see the results!
The above trading strategy and methods are shared with limited number of closed friends
to show how I can make profits in the market with a clear goal and trading plan.
Still don't believe the power of the diamond indicators...
Check below. Years ago, when I started to code my personal system, I was hungry to test the
coding in different market such as Hong Kong Stock Market, Australia Stock Market, US Stock
Market and etcs.
The purpose was to make sure that the indicators work in all markets.
Below were a way that I tested to coding using a online virtual portfolio that mimicked the real
US market condition with virtual money of 1 Million Dollar.
I would over a period of time, consistently reviewed the stocks in the portfolio, replaced
the weak ones with stronger stocks. Over the time, it proved that the system was working fine
with 61% returns.
Click the links below to see the results!
The above trading strategy and methods are shared with limited number of closed friends
to show how I can make profits in the market with a clear goal and trading plan.
Still don't believe the power of the diamond indicators...
Check below. Years ago, when I started to code my personal system, I was hungry to test the
coding in different market such as Hong Kong Stock Market, Australia Stock Market, US Stock
Market and etcs.
The purpose was to make sure that the indicators work in all markets.
Below were a way that I tested to coding using a online virtual portfolio that mimicked the real
US market condition with virtual money of 1 Million Dollar.
I would over a period of time, consistently reviewed the stocks in the portfolio, replaced
the weak ones with stronger stocks. Over the time, it proved that the system was working fine
with 61% returns.
Click the links below to see the results!
The above trading strategy and methods are shared with limited number of closed friends
to show how I can make profits in the market with a clear goal and trading plan.
Is S&P500 going to retreat lower towards 3200 level as seemed in the past?
In December 2020, I started to monitor DOW and S&P500 and I told my friends
that there is a possibility that the US market might have a deep retracement
repeating last March 2020..
The response, no one can predict the future, the indices are still trading higher, not
likely to pull back soon.
Personally, I estimated that a retracement could be possible end Feb to March
2021.
Let's see. As I just gotten my US trading account setup, waiting for the right time
to pick up good stocks.
Cheers!
Witnessed that price made a low at point 1 and rebounded away. It is ok to miss
this opportunity as we do not know if this is the low point.
In order not to miss the next opportunity, you need to draw a horizontal line at point
1 and extend to the right side as shown.
Sit and wait patiently for the price to come back to re-test point 1 low.
Next opportunity at point 2 came in mid-June where the horizontal line at point one
low was touched.
When price is moving towards point 2, you should be on high alert each day checking
if the price would retest and bounce away from the point 2. If it did as shown at
point 2, without hesitation, just enter the order to buy once price is above the 5SMA (blue line)
with cut loss below slightly below point 2 low.
Watch to make sure that the cut loss does not trigger for the one week after purchased.
The rest will be history. With low risks to high returns ahead, enjoy the hell of a ride to
the north pole. You need GUTS to make it work for you.
Buy when the price bar are RED, Sell when the price bar shows upper long tail > 50% of its body.
You will never go wrong.
When you buy, the price bar should be in Red and bleeding, what you need to do is to patiently
wait for the bleed to stop and you are on the way to recovery.
Patience is the key to success picking bottom and selling top.
Good Luck!
Happy Profitable Trading 2021!
Base on 15th Jan closing, price is closing up to the Resistance level or Supply zone....
How to know if the future break out will be genuine or fake?
There is a way to know by careful study of the current trend and price action.
Let's see how will this break out pent out before I share what you should look out for.
The above scenario is based on worst case when a stock was purchased at the highest point 0f $0.39
where it started to trade to the downside. This illustration is subjective to interpretation, it takes
guts and years of trading skills to perform the recovery, you are not to average down as the stock
price goes lower which is what most unskilled traders will do.
In fact, the best loss is the initial cut loss level that you have set before you enter the market to
buy.
But If you have overlooked or assumed that you just need to "buy and forget" then you will be
very sorry soon.
IN order to reduce the losses, there are steps to be taken to make sure that recovery is possible, you
need to identify that the stock is longer going lower and started to move sideway, as the stock starts
to move up the trend, you make the 1st recovery purchased as shown on 9th April when you see a
bullish Green bar (almost closed near day high), the quantity to buy has to be 3 times higher than the
initial lots size. Subsequently, as the price move higher, execute the 2nd recovery purchased as shown
on 6th May at $0.26 with 3 times higher than the initial lots size.
By averaging up the price, you will have a positive outcome as shown below.
Other ways to recover losses in a trade.
1) If there is stock call or put option (warrants) to buy as a protection insurance.
2) Trade another stock which is trending up or down. Trade in the direction of trend to generate
profits to cover the losses from the losing trade.
3) To apply what I have shared in this blog, average up when the stock starts to recover.
You are the master of your own habits and trading techniques, find your own way to resolve the situation back to health.
Don't sit on it.
You will be better off doing something with small and calculated steps towards recovering from losses.
Happy Profitable Trading 2020
Welcome 2021 with massive action.
Refer to the blog link below, showed the buying of SIA as its fell and started to recover...
How I decided to take trade is no coincidence, it needed effort to study the market as a whole and understood what could turn out for SIA if the Covid situation can be contained with promising vaccine soon and what the chart can tell you a story if we are moving towards a more positive outcome or never.
