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.
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.
With three moving averages, you can trend trade the stock.
What you need to know are below:
1) When to enter a trade long or short?
2) When to continue to add lots as price trend higher?
3) When to take partial profits when price trend too far away?
4) When to sell everything and be happy?
5) Scan another potential stock and repeat Step 1 to 4 again.
Hmm...trading is boring boring and routine and routine...
For beginners who just starting to trade. You need to be in the trades in order to learn.
By starting small and accumulate as the price heading up the trend, monitor the cut loss level per entry.
Hopefully over the time, the 1000 shares will become 10000, 100000 and etcs with confidence built up over the time.
