Your worst enemy in trading

Life Is Not About The People Who Act True To Your Face, It Is About The People Who Remain True Behind Your Back

When you are stressed out, and lose confidence, you are your own worst enemy. When in a bad slump, many traders sabotage themselves. They panic and denial sets in. They fail to admit their shortcomings and mistakes. Although it's easier said than done, flexibility and open-mindedness is the hallmark of success for a trader.  

If you can be flexible enough to admit your mistakes, admit your humanness and vulnerability, and avoid imbuing setbacks with personal significance, you'll be able to take losses in stride. You'll be able to stay objective and read the markets intuitively and precisely.

Trading is indeed a stressful business. There's pressure to do well, and the need to do well can interfere with your ability to cultivate the calm, winning mindset needed for financial success. But by staying grounded in realistic expectations rather than feeling beaten down, you can remain objective, free, and creative. And when you reach this state of being, you'll increase your chances of mastering the markets.

anonymous

Singapore stock Chart: UE, Yanlord, Silverlake

Congrats our friends who followed on UE, previously when posted on UE, this stock was only at $2.56. Now it is $3.44 up almost 30% already. Today we have a blue arrow signaling short term buying opportunity. Trigger 1 bid above prior day high at $3.45, stoploss $3.32, time frame 5-10days.

Previous post on UE : http://www.andy-yew.com/2012/11/some-strong-stock-that-dont-really-fall_29.html

Yanlord is another strong uptrend stock, today we also have a short term swing signal. If you have entered earlier, now is probably time to add position as it has broken out the resistance at $1.50, fall back to test the 1.50 resistance turned support. Short term stoploss will be somewhere below the support. $1.49.

Silverlake, we posted this stock when it was at 0.46, now it is at 0.51. Short term we see buying opportunity  again as the uptrend remain strong and also the price has retraced after surge.

Silverlake: http://www.andy-yew.com/2012/11/some-strong-stock-that-dont-really-fall_19.html

CFD Seminar - Untold Secret of CFD Trading (Chinese 华语)

We wish to invite you to our upcoming Chinese (华语) seminar on CFD (差价合约).

In May we successfully forecasted the bearish market for the entire month, and on June 15 we accurately captured the turning point in the market where most stocks start to turn from bearish to bullish. When will be the next turning point? Will you be catching the right wave this time? Come listen to what we have to say in our upcoming seminar, where we are ready to share with you more about CFD and our Market outlook.

We will cover:

• CFDTrader 2 Demo
• What Tools do the Pros use and most Retail investors don’t.
• The Deadly pitfalls you should avoid when trading CFD
• Which is the best performing sector right now?
• Market outlook using Technical Analysis 
• Identify the strongest and weakest stocks in the market right now.

 

Date: 26 Dec 2012, Wednesday (星期三)7pm - 10pm   (In Chinese 华文)

Venue: 141 cecil street, Tung Ann Association Building
            #07-02 S(069541),
            Tanjong Pagar MRT exit G, walk straight 80m, opp traffic light

Speaker: Andy Yew (ARTeam)

Fee: Free Admission

Midas - Long term seems bottoming

Midas Holding - Founded in 2000, Midas Holdings Limited (SGX:5EN; HKEX:1021) is today the leading manufacturer of aluminium alloy extruded products for the passenger rail transportation sector in the PRC. Midas has an established track record of supplying aluminium alloy extruded products to train manufacturers in the rapidly growing passenger rail transportation sector in the PRC since 2003. The Group also exports aluminium alloy extruded products internationally and have been involved in a considerable number of train projects in Europe and Asia. Read more about the company http://www.midas.com.sg/ 

52week high is currently at $0.44, do watch this counter if it breaks 0.44. Looking the weekly chart above for long term trade, current price is relatively low and seems bottoming. With the hope of China recovery in 2013, this can be one of the stock we can look into.

Untold Secret of CFD Trading - by Andy Yew

Pls Register here è http://andyyew171212.eventbrite.com/

 17^th December 2012 (Monday), 6.45pm – 9.00pm (English)

In May we successfully forecasted the bearish market for the entire month, and on June 15 we accurately captured the turning point in the market where most stocks start to turn from bearish to bullish. When will be the next turning point? Will you be catching the right wave this time? Come listen to what we have to say in our upcoming seminar, where we are ready to share with you more about CFD and our Market outlook.

We will cover:

• CFDTrader 2 Demo
• What Tools do the Pros use and most Retail investors don’t.
• The Deadly pitfalls you should avoid when trading CFD
• Which is the best performing sector right now?
• Market outlook using Technical Analysis 
• Identify the strongest and weakest stocks in the market right now.

Venue: Level 7, Seminar Room, Raffles City Tower, Singapore 179101

Fee: Free Admission

Free Spore Stocks Seminar << Profitable Strategies to Technical Analysis Revealed>>

Join us to know what Singapore stocks to watch out for once the market changes

On 6 Dec 2012, Thu (English Seminar) or 7 Dec 2012, Fri (Chinese Seminar).

Do recommend your friends to this workshop!

Sharing on   1) Spore Stocks that are trending upwards that you should take note of
                    2) Spore Stocks that did well for earnings
                    3) Spore Stocks that are giving good dividends
                    4) Spore Stocks that are suitable for short term trading

Plus we will be providing analysis on your stocks!

Date: 6 Dec 2012, Thu (English Seminar) or 7 Dec 2012, Fri (Chinese Seminar)
Time: 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

Speaker: Andy Yew (ART system Founder)

To register pls click here 
or SMS <Name><Email><HP><Date><Number of seats> to 93676623 

KEPPEL LAND

KEPPEL LAND shows in weekly chart. It has broken out from Ascending Triangle pattern. Today closing price is at 3.67 and our 1st target is 3.88. 

Keppel Land’s Financial Highlights for the Nine Months Ended 30 September 2012: 

• Net profit surged 62.2% to $311.1 million for the first nine months of 2012
   
• Contribution from property trading almost doubled to $230.1 million due mainly to higher
  earnings from Reflections at Keppel Bay and Marina Bay Suites
   
• Property investment achieved higher profit of $58.6 million, lifted by improved contribution
  from Keppel REIT
   
• Fund management continued to provide a steady stream of income amounting to 14% of net
  profit

Civmec breakout

Civmec currently trading at $1.175, wanted to post this stock on the 19 Nov when the price stand strong against the market correction. The current breakout is not a surprise to us, we did anticipated it to happen. Traders who intend to trade this breakout please watch for your stoploss, where it can be place below the support at 1.13(short term)


Company Background

On 3 June 2010, the Company was incorporated in Singapore as a private company limited under the name of Civmec Pte Ltd. On 29 March 2012, the Company was converted into a public company limited and changed its name to Civmec Limited.
The Group is an Australian-based integrated multi-disciplinary construction and heavy engineering services provider to the oil and gas, mining and other industries, such as the infrastructure, utilities, chemical and power industries. The Group provides heavy engineering and other services including fabrication, site civil works, pre-cast concrete and maintenance services.

Singapore Dividend Stock - Starhub

Starhub closed $3.73 at day high on Friday after breaking the downtrend resistance trendline. According to the chart we also see that the price break out above the triangle, this could be a signal that there will be a further up surge.

Read more about Triangle pattern here.
http://www.babypips.com/school/triangles.html 

http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_


Some fundamental data of Starhub: http://www.sharesinv.com/CC3/

MAINBOARD > TPT/STORAGE/COMMS > TELCO (CC3)   

Chairman: Tan Guong Ching    CEO: Neil Montefiore

	S$3.73	+0.06  +1.63%	Buy: 3.72	52-Wk Chg: +0.97  +35.14%
		Vol: 4,645	Sell: 3.73	1-Mth Chg: +0.11  +3.04%
	30-11-12 17:04:31	CPF

Open :	3.69	No. of Shares :	1,715.329m	PE :	20.3
High :	3.73	Mkt Cap :	S$6,398.177m	EPS :	S$0.184
Low :	3.67	52-Wk High :	3.88	Last 12m Div :	S$0.2
Last Close :	3.67	52-Wk Low :	2.72	Yield :	5.4
Price-to-Book :	162.17	Avg. Vol :	2,004	NAV :	S$0.023