What we doing is following the trend, all the way till it ends. There is no sign on turning yet.
Friday, February 28, 2014
NOL - Downtrending
What we doing is following the trend, all the way till it ends. There is no sign on turning yet.
Thursday, February 27, 2014
ShareInv Article - 5 Fast Facts About CapitaLand
Company Background
CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, the company’s businesses in real estate and real estate fund management are focused on its core markets of Singapore and China.
CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, the company’s businesses in real estate and real estate fund management are focused on its core markets of Singapore and China.
Chart On CapitaLand
Looking at the chart above, here are five facts about CapitaLand:
1) CapitaLand is currently on a long-term downtrend. In January, the price broke the previous support level of $2.95, falling to near its 52 week low price.
1) CapitaLand is currently on a long-term downtrend. In January, the price broke the previous support level of $2.95, falling to near its 52 week low price.
2) I realised that the 20-day moving average has been a good indicator for shorting since beginning of 2013. CapitaLand’s share price continued to fall after closing below the 20-day moving average.
3) As indicated by the red arrows (where prices closed below the 20-day moving average), the strategy of entry for going short is successful five out of six times as shown on the chart above.
4) We are close to seeing the share price of CapitaLand breaking below the 20-day moving average line in the next few days.
5) CapitaLand has hit the resistance level of $2.95 recently. For mid-term technical trader, they will set a stop-loss for shorting if the price breaks above $2.95.
SG stock - Tritech continue mid term uptrend?
Last night I went through our Advance alert in ART system scanner and saw Tritech chart turning Up, will this be a sign of another mid term uptrend again? Lets monitor this.
Our rule to trigger the buy signal if price break 1 bid above the previous day High.
Our system suggested stop will be at $0.45, traders have to take note of this level
US stock - Canadian Solar Inc (CSIQ)
Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339
Wednesday, February 26, 2014
KLSE Stock - EFORCE (0065)
.JPG)
More and more friends asking for KLSE Stocks - One of them called EFORCE (0065) still an uptrend stock. If you know TA, by looking at the chart, you will know it prices move above most of the significant MAs and we like this kind of chart especially trending stock. Well, must thank to our SuperTrend System that make our life easier by scanning out trending stock.
As long as the price does not drop below RM 0.54, the uptrend of this stock will remain intact.
Entry price : RM 0.58
Stop price : RM 0.53
If you like to know more about other KLSE charts, simply drop us a message we will more than happy to assist you.
Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339
5 Important Fast Fact of STI - updates
Do checkout how we ride the trend from 3000 till now
- For the Past 14 days STI have been staying above the 5days Moving average, Uped more than 100 points. This 5 days moving average is actually can tell the Short term trend.
- For the Past 14 days STI make New high every 3 day
- On 25 Feb we STILL see a new high, There is still buying going on in the market. Today 26 is second day no new high, we need to see 3 day no new high to confirm the reversal.
- Property Sector still weak, Capitaland, Capmallsasia is hitting the low for past 5 trading days. Banking stocks will get profit taking first (turn down today). Commodities sector is the strongest with wilmar and GoldenAgri Hitting the High for past 5 trading days
- Watch out if today close below 3100, do watch if STI break 3080, if we dont break new high in next 3 day, we are on profit taking. STI likely to go Sideway or down.
Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339
US Stock - Tesla Motor up 14.68% today
On Monday, we posted http://www.andy-yew.com/2014/02/can-we-still-trade-tsla-tesla-motor-inc.html
Congrats if you saw our previous post on TSLA yesterday before US market open, It was 210 yesterday and today it is trading at $249.61 up 19% in just 2 trading day.
Currently what you can do is to move up your trailing stop to $235, take profit if the price turn around.
Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339
In this coming Seminar we will be sharing on
1)What are the stocks the is going Consistently uptrend and How you can SPOT these stocks.
2) Is the US market reaching the Top Soon?
3) How can you exit a trade safely
4) Basics of the US market and Malaysia market you need to Know.
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 27 Feb 2014, Thu (English Seminar) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Monday, February 24, 2014
Can we STILL trade TSLA - Tesla Motor Inc?
If you are trading the US stock market, you definitely seen this stock Tesla Motors Inc before, this is one of the biggest bull run stock in US market last year. As calculated from beginning of 2013 till today, Tesla already up 500%.
Recent earnings is good
http://moneymorning.com/2014/02/19/tesla-motors-inc-nasdaq-tsla-stock-hits-another-time-high-ahead-earnings/#
If you trade this All time high stock,
- You should watch the stop. Currently price is above the previous Resistance at $193.80. and the Round figure psychology resistance $200. Suggest stoploss at 192 and that would be 10% down from current price.
- Do note that this stock moved 500% in past 1 year, potentially move another 100% or more this year, hence if you are taking the 10% downside risk, you gotta to be patience for the big gains if you are right.
Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339
In this coming Seminar we will be sharing on
1)What are the stocks the is going Consistently uptrend and How you can SPOT these stocks.
2) Is the US market reaching the Top Soon?
3) How can you exit a trade safely
4) Basics of the US market and Malaysia market you need to Know.
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 27 Feb 2014, Thu (English Seminar) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
ShareInv Article - Is Jaya Holdings Going To Breakout Soon?
Shares of Jaya Holdings are currently trading around $0.78 after experiencing a pull-back from its 52-week high. As a technical analyst, we like to trade stocks that make it to 52-week highs; this does not mean that we always buy at the highest price. Our strategy is to keep an eye on the stock when its high share price falls back to the support level. This will present buying opportunities so that the risks that we are taking are manageable with our pre-defined stop-loss level.
Chart On Jaya Holdings
Technically speaking, Jaya is currently in a consolidation phase, awaiting for a breakout move. It is supported by the 50-day simple moving average; this line represents the mid-term trend. A good entry for a technical trader will be when the price closes above the 20-day moving average which indicates short-term bullishness. A good strategy always come with a Plan B; if the stock does not continue the uptrend, the first sign of bearishness will be when the price falls below $0.74.
Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339
In this coming Seminar we will be sharing on
1)What are the stocks the is going Consistently uptrend and How you can SPOT these stocks.
2) Is the US market reaching the Top Soon?
3) How can you exit a trade safely
4) Basics of the US market and Malaysia market you need to Know.
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 27 Feb 2014, Thu (English Seminar) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
SGX Circuit Breakers Starts Today 24 Feb 2014
Circuit Breakers Starts Today 24 Feb 2014, if you still not sure what it is about, you can read more on the 2 link below.
Singapore Exchange says the circuit breakers will initially apply to the Straits Times Index, MSCI Singapore Index component stocks and all securities priced S$0.50 and above.
http://www.channelnewsasia.com/news/business/sgx-to-introduce-dynamic/963616.htmlRegulatory Announcement - SGX proposes circuit breakers in securities market
http://www.sgx.com/wps/wcm/connect/cp_en/site/press_room/news_releases/regulatory+announcement+-+sgx+proposes+circuit+breakers+in+securities+market?presentationtemplate=design_lib%2FPT_Printer_Friendly
Weekend Graduates Gathering
We just had a weekend graduates meeting on last Saturday morning. In the class we discussed how we manage to catch stocks like Jason Holding, SinoCont, Penguin with our ART system.
Some of our student is already a full time trader, sharing with the rest of the other student How to catch multi bagger stocks.
Concluded the 3 criteria you need to have to catch stocks like Jason Holdings and be a profitable Trader
1) Courage - you need to have the ball to get into stocks that is moving up every day.
2) Hardwork - You have to go through many stock charts to see which is the best choice. Eyeball scan after you get a list of good stocks.
3) Patience - When you catch a good trending stock, make sure you can hold it till the end
Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339
In this coming Seminar we will be sharing on
1)What are the stocks the is going Consistently uptrend and How you can SPOT these stocks.
2) Is the US market reaching the Top Soon?
3) How can you exit a trade safely
4) Basics of the US market and Malaysia market you need to Know.
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 27 Feb 2014, Thu (English Seminar) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Friday, February 21, 2014
The 5 Steps to becoming a Professional trader
Step One: Unconscious Incompetence.
This is the first step you take when starting to look into trading. you know that its a good way of making money because you've heard so many things about it and heard of so many millionaires. Unfortunately, just like when you first desire to drive a car you think it will be easy - after all, how hard can it be? Price either moves up or down - what's the big secret to that then - lets get cracking!
Unfortunately, just as when you first take your place in front of a steering wheel you find very quickly that you haven't got the first clue about what you're trying to do. You take lots of trades and lots of risks. When you enter a trade it turns against you so you reverse and it turns again .. and again, and again.
You may have initial success, and thats even worse - cos it tells your brain that this really is simple and you start to risk more money.
You try to turn around your losses by doubling up every time you trade. Sometimes you'll get away with it but more often than not you will come away scathed and bruised You are totally oblivious to your incompetence at trading.
This step can last for a week or two of trading but the market is usually swift and you move onth the next stage.
Step Two - Conscious Incompetence
Step two is where you realise that there is more work involved in trading and that you might actually have to work a few things out. You consciously realise that you are an incompetent trader - you don't have the skills or the insight to turn a regular profit.
You now set about buying systems and e-books galore, read websites based everywhere from USA to the Ukraine. and begin your search for the holy grail. During this time you will be a system nomad - you will flick from method to method day by day and week by week never sticking with one long enough to actually see if it does work. Every time you come upon a new indicator you'll be ecstatic that this is the one that will make all the difference.
You will test out automated systems on Metatrader, you'll play with moving averages, Fibonacci lines, support & resistance, Pivots, Fractals, Divergence, DMI, ADX, and a hundred other things all in the vein hope that your 'magic system' starts today. You'll be a top and bottom picker, trying to find the exact point of reversal with your indicators and you'll find yourself chasing losing trades and even adding to them because you are so sure you are right.
You'll go into the live chat room and see other traders making pips and you want to know why it's not you - you'll ask a million questions, some of which are so dumb that looking back you feel a bit silly. You'll then reach the point where you think all the ones who are calling pips after pips are liars - they cant be making that amount because you've studied and you don't make that, you know as much as they do and they must be lying. But they're in there day after day and their account just grows whilst yours falls.
You will be like a teenager - the traders that make money will freely give you advice but you're stubborn and think that you know best - you take no notice and overtrade your account even though everyone says you are mad to - but you know better. You'll consider following the calls that others make but even then it wont work so you try paying for signals from someone else - they don't work for you either.
You might even approach a 'guru' like Rob Booker or someone on a chat board who promises to make you into a trader(usually for a fee of course). Whether the guru is good or not you wont win because there is no replacement for screen time and you still think you know best.
This step can last ages and ages - in fact in reality talking with other traders as well as personal experience confirms that it can easily last well over a year and more nearer 3 years. This is also the step when you are most likely to give up through sheer frustration.
Around 60% of new traders die out in the first 3 months - they give up and this is good - think about it - if trading was easy we would all be millionaires. another 20% keep going for a year and then in desperation take risks guaranteed to blow their account which of course it does.
What may suprise you is that of the remaining 20% all of them will last around 3 years - and they will think they are safe in the water - but even at 3 years only a further 5-10% will continue and go on to actually make money consistently.
By the way - they are real figures, not just some ive picked out of my head - so when you get to 3 years in the game dont think its plain sailing from there.
Iv had many people argue with me about these timescales - funny enough none of them have been trading for more that 3 years - if you think you know better then ask on a board for someone who's been trading 5 years and ask them how long it takes to become fully 100% proficient. Sure i guess there will be exceptions to the rle - but i havent met any yet.
Eventually you do begin to come out of this phase. You've probably committed more time and money than you ever thought you would, lost 2 or 3 loaded accounts and all but given up maybe 3 or 4 times but now its in your blood
One day - im a split second moment you will enter stage 3.
Step 3 - The Eureka Moment
Towards the end of stage two you begin to realise that it's not the system that is making the difference. You realise that its actually possible to make money with a simple moving average and nothing else IF you can get your head and money management right You start to read books on the psychology of trading and identify with the characters portrayed in those books and finally comes the eureka moment.
The eureka moment causes a new connection to be made in your brain. You suddenly realise that neither you, nor anyone else can accurately predict what the market will do in the next ten seconds, never mind the next 20 mins.
Because of this revelation you stop taking any notice of what anyone thinks - what this news item will do, and what that event will do to the markets. You become an individual with your own method of trading
You start to work just one system that you mould to your own way of trading, you're starting to get happy and you define your risk threshold.
You start to take every trade that your 'edge' shows has a good probability of winning with. When the trade turns bad you don't get angry or even because you know in your head that as you couldn't possibly predict it it isn't your fault - as soon as you realise that the trade is bad you close it . The next trade or the one after it or the one after that will have higher odds of success because you know your system works.
You stop looking at trading results from a trade-to-trade perspective and start to look at weekly figures knowing that one bad trade does not a poor system make.
You have realised in an instant that the trading game is about one thing - consistency of your 'edge' and your discipline to take all the trades no matter what as you know the probabilities stack in your favour.
You learn about proper money management and leverage - risk of account etc etc - and this time it actually soaks in and you think back to those who advised the same thing a year ago with a smile. You weren't ready then, but you are now. The eureka moment came the moment that you truly accepted that you cannot predict the market.
Step 4 - Conscious Competence
You are making trades whenever your system tells you to. You take losses just as easily as you take wins You now let your winners run to their conclusion fully accepting the risk and knowing that your system makes more money than it looses and when you're on a loser you close it swiftly with little pain to your account
You are now at a point where you break even most of the time - day in day out, you will have weeks where you make 100 pips and weeks where you lose 100 pips - generally you are breaking even and not losing money. You are now conscious of the fact that you are making calls that are generally good and you are getting respect from other traders as you chat the day away. You still have to work at it and think about your trades but as this continues you begin to make more money than you lose consistently.
You'll start the day on a 20 pip win, take a 35 pip loss and have no feelings that you've given those pips back because you know that it will come back again. You will now begin to make consistent pips week in and week out 25 pips one week, 50 the next and so on.
This lasts about 6 months
Step Five - Unconscious Competence
Now we’re cooking - just like driving a car, every day you get in your seat and trade - you do everything now on an unconscious level. You are running on autopilot. You start to pick the really big trades and getting 200 pips in a day doesnt make you any more excited that getting 1 pips.
You see the newbies in the forum shouting 'go dollar go' as if they are urging on a horse to win in the grand national and you see yourself - but many years ago now.
This is trading utopia - you have mastered your emotions and you are now a trader with a rapidly growing account.
You're a star in the trading chat room and people listen to what you say. You recognise yourself in their questions from about two years ago. You pass on your advice but you know most of it is futile because they're teenagers - some of them will get to where you are - some will do it fast and others will be slower - literally dozens and dozens will never get past stage two, but a few will.
Trading is no longer exciting - in fact it's probably boring you to bits - like everything in life when you get good at it or do it for your job - it gets boring - you're doing your job and that's that.
Finally you grow out of the chat rooms and find a few choice people who you converse with about the markets without being influenced at all.
All the time you are honing your methods to extract the maximum profit from the market without increasing risk. Your method of trading doesnt change - it just gets better - you now have what women call 'intuition'
You can now say with your head held high "I'm a currency trader" but to be honest you dont even bother telling anyone - it's a job like any other.
I hope youve enjoyed reading this journey into a traders mind and that hopefully youve identified with some points in here.
Remember that only 5% will actually make it - but the reason for that isnt ability, its staying power and the ability to change your perceptions and paradigms as new information comes available.
The losers are those who wanted to 'get rich quick' but approached the market and within 6 months put on a pair of blinkers so they couldnt see the obvious - a kind of "this is the way i see it and thats that" scenario - refusing to assimilate new information that changes that perception.
Im happy to tell you that the reason i started trading was because of the 'get rich quick' mindset. Just that now i see it as 'get rich slow'
If youre thinking about giving up i have one piece of advice for you ....
Ask yourself the question "how many years would you go to college if you knew for a fact that there was a million dollars a year job at the end of it?
Take care and good trading to you all.
I left of the name of the author of this piece by mistake. If anyone knows the name of the true author, please let me know and I'll add it here.
http://www.forexfactory.com/showthread.php?t=3156
https://www.facebook.com/ARTeamTradersClub
5 Fast Fact on STI
5 Fast Fact on STI
- STI reverse from a downtrend after 3 days no New low turn around.
- Currently STI make New high Every 3 day and stays above 5 simple moving average
- Trader in profit will watch 5 SMA as a trailing stoploss, currently at 3070.
- As long as the STI make a new high, someone is buying up the market. If nobody buy, price cannot be higher.
- As long as price did not drop below prior day low, the selling is not strong enough to turn the the market upside down.
Thursday, February 20, 2014
Singapore stock chart - SoupRestn
KLSE stock - Karyon, MFCB
Yesterday we posted a chart and the stock went up 6% today, seems like Bursa stocks is quite trending and quit easy to spot with our system. Today I went through the scan results, spotted 2 more counter that we can trade with calculated Risk.
Karyon closed 0.37 today, this stock is currently consolidating in sideway trend. However now it is also near the support at 0.355, one who trade this stock can place stoploss at 0.35. Mid-long term trade.
MFCB closed 2.32 today, uptrending stock, recently have a sharp pull back from its 52week high. but did not break our Supertrend system support in the late Jan drop. Currently it is on a rebounding mode. Stoploss can place at 2.12
Wednesday, February 19, 2014
KLSE - ZHULIAN (5131)
Are you still monitoring Boustead and KingSoft 3888.hk?
When STI is at 2988, we are already preparing you to look out for the bottom of STI, some guru may say that the market is going lower base on their prediction, but we trade base on our strategy not our opinion. I am glad that in our Free seminar, we teach many retail investors how to spot the STI top and STI bottom, so that they can have a better edge in the market. In stock market, you have to know what to do at the right time, if you know that STI is low and you got no strategy to trade it you will miss the Big trend.
We email our client everyday on Market updates. If you are interested to open a trading account pls drop me a message here.
On the 10 Feb, I posted on blog 3 stocks. Boustead, Mermaid and KingSoft 3888.hk. We found these stocks at support with our System scanner. These stocks has higher probability due to its previous trend has been strong, when market is bullish. Strong stocks go higher.
Kingsoft 3888.hk, a Hong Kong stocks we monitoring, as of today this stock already up more than 15% since the last correction.
Previous: Selling the Top & Catching the bottom of STI
We email our client everyday on Market updates. If you are interested to open a trading account pls drop me a message here.
On the 10 Feb, I posted on blog 3 stocks. Boustead, Mermaid and KingSoft 3888.hk. We found these stocks at support with our System scanner. These stocks has higher probability due to its previous trend has been strong, when market is bullish. Strong stocks go higher.
Previous post: Buy at Support, Ride trend to the End
Boustead, since market recover, already up more than 5%, potential stocks to break all time high. Slow and steady
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 20 Feb 2014, Thu (English Seminar) 7pm - 10pm
21 Feb 2014, Fri (华文讲座) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Limit to only 33 seats, Click the below link to register
https://www.eventbrite.sg/e/sti-has-turned-around-what-are-the-stocks-to-watch-tickets-10643901195
SG Uptrend stock - SwissCo
Currently stoploss can place at $0.35, quite far away. Hence it is better to enter when price pull back near the 0.35 level
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 20 Feb 2014, Thu (English Seminar) 7pm - 10pm
21 Feb 2014, Fri (华文讲座) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Limit to only 33 seats, Click the below link to register
https://www.eventbrite.sg/e/sti-has-turned-around-what-are-the-stocks-to-watch-tickets-10643901195
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
KLSE Uptrending Stock - EngTex
First Target $2.00
Second Target $2.20
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 20 Feb 2014, Thu (English Seminar) 7pm - 10pm
21 Feb 2014, Fri (华文讲座) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Limit to only 33 seats, Click the below link to register
https://www.eventbrite.sg/e/sti-has-turned-around-what-are-the-stocks-to-watch-tickets-10643901195
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
Tuesday, February 18, 2014
Short Term Trade - Aztech, Federal, Sarine
One of the routine we do every day is to go through stocks that fulfill our trade setup. Below is list of stocks shown last night after market close, some have moved, some have not. lets continue to monitor.
Aztech 's chart show strong uptrend, currently is in consolidation phase.
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 20 Feb 2014, Thu (English Seminar) 7pm - 10pm
21 Feb 2014, Fri (华文讲座) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Limit to only 33 seats, Click the below link to register
https://www.eventbrite.sg/e/sti-has-turned-around-what-are-the-stocks-to-watch-tickets-10643901195
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
Selling the Top & Catching the bottom of STI
Thursday, February 13, 2014
Ocean Sky, Charisma Energy, OEL the falling stocks
Many people have been asking What is happening to their stocks, how come keep dropping. Should they buy more at a lower price?
As a trend trader, we all know we have to Exit when the trend ends, if you are buying a stocks from someone else's call, make sure you know when to exit and you follow your plan to exit.
Losers average Losers, never attempt to average a losing stocks in trading. If your direction is already wrong, you should cut losses and wait for another re-entry signal.
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 13 Feb 2013, Thu (English Seminar) 7pm - 10pm
14 Feb 2013, Fri (华文讲座) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Vard Holdings on recovery?
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 13 Feb 2013, Thu (English Seminar) 7pm - 10pm
14 Feb 2013, Fri (华文讲座) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
Wednesday, February 12, 2014
Should you follow the Stock Guru or be a Systematic Trader?
Are you trading with a system? Do you know when your system works and when it doesnt? or Are you just blindly follow what the "Guru" say about the market? Most market participant are "Guru followers" rather than "Trend Followers"
What is a Guru follower?
Someone who is consistently depend on other "different" peoples view, e.g When someone shout "BUY XXY stock" Guru follower will just jump in to buy, and after a few winnings, he will stick to the forum, and everyday he will just follow to see what else to buy. Buying is easy but the problem usually come when you need to sell the stocks and managing the losses. If without the right system, one cannot effectively control Risk that they are taking as they put all their focus on looking for the next opportunities. Eventually, they will end up making MANY small gains, and Big losses(dunno how to get out). Another reason of big losses is because after many small gains, traders tend to take on bigger risk as small gains cannot feed the ego and when the market Turns or volatility change they cannot react to cut loss or change to other stocks. In long run, you will have a hard time learning as there is so many Guru out there talking about different stocks using different method. Gradually you will get addicted to other people's opinion, which eventually builds indecisiveness.
Be a Trend Follower
Systematic - I am glad to say what we are doing is similar to Winton capital, our goal is to achieve consistency in trading by trading with our system. We trade with multiple model/system, monitoring price action and consistently controlling the Risk of our trading Model. Using a system will help you to know yourself, because nobody will tell you that you sucks because you cannot follow the simple rules in the system. Cut losses, let profit run. Only the trading system will tell you that, after many more occurrence, you will realize your mistake and improve on your system, mindset and risk management, which will gradually becomes a winning habit.
By attending courses that teach you Only the method, is a waste of money. The method is the least important things you need to focus on. New traders should focus more on learning how to get their objective in trading, if you want to run a hedge fund, then you should learn how to manage risk like big hedge fund. If you want to be king of Penny stocks, then you should look for some successful Penny stocks trader(that dont look like a Scamster). Nevertheless, whatever you want to be, its all about Practice, Practice Practice. There is no Quick and Easy way to get rich.
In the video below, lets learn from the TOP hedge fund in the world and see how they trade. They use system to get in and out of market, trade the signals, not the opinion. What we can learn is even big Fund have losing years, despite losing for 1 year, they are not ditching the system. They will continue to trade the system system as the system is expected to generate positive expectancy in a longer time frame. Not many people can do this.
Intervention - System is like a machine, it will help you most of the time but some time it will not work, you have to know when not to use the system. In the video Metthew mentioned: During the credit crisis, they spotted abnormal they Reduce the risk. "Never intervene to increase Risk"
Interview with Matthew Beddall, CIO of Winton Capital Management
Join Our upcoming FREE seminar
Subscribe to:
Posts (Atom)