Sunday, May 26, 2013

New Indicator Alert: "Force Exit"

How many times when the system triggers us to take profits but we still wait and see if there is
somemore upsides to go?

This happens to me, whenever my expert indicator triggered " !Take Profits", I wait and see how
the trend evolves later and usually turns out to be bad.

This indicator "Force Exit" is coded to instill manatory action to take immediately upon triggered.

Thursday, May 9, 2013

Personal Trading Preferences - May not be applicable to YOU!

Personal Trading Strategies developed over the years. Become autonomic nerves reaction.
 
Don't follow without referring to the manual 101...

Best time to exit a trade is in the morning; 9:30 - 10am
Best time to enter a trade is the 15mins before closing; 16:45 - 17:00
Best way to confirm a Sell, just sell directly to the bid price.
... Best way to confirm a Buy, just buy directly from the ask price.
Best way to keep Alert on stock, use SG Stock Alert (free) for Iphone and set
target high, target low level to trigger on the phone.
Best way to feel good after a transaction, walk away from the Market for the day.
Best way to prepare for a trade, to do homework every night by scanning for potential trades to take the next day.
Best way to track the P&L, just use Excel Spreadsheet is good enough.
Best way to chart a stock, just use trendlines, channel lines to determine resistance and support.
Best way to protect a trade, set target trigger level with SG Stock Alert (free)
Best way to trade without worry, use automatic GIRO deduction for transaction.
Best way to not worry about the trade while working on a job, don't talk to anyone about the trade. Most will confuse you then to help you.
Best way to enjoy trading, make it a hobby.
Best way to handle Risk, is to FACE IT and Manage IT.
Best way to count the winning, count the no. of Osim chair that I can buy with...

Thursday, January 24, 2013

Update on New Bullish Scanner Codes in Development to detect Amazing Future Uptrend

 
In February 2012, the author embarked to programme a scanner code which could possibly detect
   future uptrend if all the conditions are met.


 
   The author posted numerous charts examples with fantastic upmoved and proved profitable.
 
  Inorder to show the capabilities of the scanner, the author ran the scanner and picked up many
  stocks that met the tedious conditions. SIA Engineering closed $3.77 on 24th Feb was picked up
  by the scanner and the author did a thorough analysis and decided to post it online as a proof
  to show that the scanner was doing a good job.
 
 Nearly 11 months since, I updated the chart for SIA Engineering today to share the outcome.
 The scanner is really doing well. Since it was picked and analyzed, SIA Engineering has not
 triggered the "!Take Profits" propietary indicator for the author to exit trade when trigger.
 
  Though it is difficult for the scanner to pick up stocks frequently but when stocks show up
  on the scanner, it proves to be worthwhile to have 2nd look and perform thorough analysis.
 
 The author is a pure chartist who does not follow news events and other means. All trading
 decisions are made from the chart analysis.
 
Happy Profitable Trading 2013!
 
 
 
 

Saturday, September 22, 2012

How to know that the stock had ended it's Bear Market


Detailed explanation can be found in the facebook closed group "Swing Trading for Monthly Income".

Wednesday, September 19, 2012

New Bullish Scanner Code that detect future uptrend - Caught Yanlord on 190912

190912 - Yanlord is successfully picked up by the new bullish scanner. What will happen to the stock after pick up by the scanner, refer to the below links for many past examples.

http://volume-price-spread-for-metastock.blogspot.sg/2012/02/new-bullish-scanner-codes-in.html



Once a stock is detected by the new scanner, price is expected to move higher with the Advanced Stop Line moving hortizontally to the right each day. Refer to the chart below.

 
 
Let's witness how effective this NEW scanner to pick up stock which promises high probability trade setup with rewarding results.