Thursday, December 28, 2017

LHN - Will price continue to trade higher with enormous volume on 28th December 2017?


Base on price action, it is highly possible that the price may test 0.245 level. But will the uptrend continue?

We need to see the next few bars, if the price is weak, we shall witness higher price bar with narrow spread and high trading volume. If the price is still strong, we shall see negative price bar with below average volume, trading above 0.23.  Lets see what happen tomorrow......



Friday, February 10, 2017

How to determine that an uptrend is reversing soon?



No stock will continue to go up, up and away. This is true if you agree that "Whatever goes up, will come down one day" but when?

When trading, always look at the left side of the chart, look and feel if the background is still moving up with supporting volume or reducing volume. This insight will give you the trading edge when you decide to take a trade later.

Stay focus and 2017 will be the greatest trading year with good profits for active traders.....

Cheers

Sunday, November 22, 2015

How to achieve trading goal as a beginner?


Hi

I have created the above template for friend who starting to learn to trade.

The above is based on 5% returns per trade, 3 or more successful trades per month to achieve this amount.. Can be contra trading or short term swing trade…

 It can be achieved… This table sets the stage for an individual to do his/her homework every day for 30mins, scan the market, pick any stock that can generate the amount required for the month. At the same time, It also caution trader not to lose too much capital so that he/she can catch up

Later in the next trade….
 
How to achieve the goal?
 
Equip yourself with a market scanner that picks up stock that about to trend or already trending. It can be long or short order, no of lots to buy base on position sizing tool from my website.

Perform risk management by estimating the cut loss level, profit level, entry level and exit level.

Stay confident with the trade unit it shows weakness and exit immediately.

Stay focus on the monthly goal… Do anything to get it done, no excuses…just do it