ShareJunction - Member Posts

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Hi Bintang,

Wow!!!! many thanks for your such detailed analysis anfd sharing.

I feel very sad to see Cheong Wee leaving n do fervently hold u hold strong and stay in this forum despite one or two TA detractors for the betterment and good of all other forumers tat appreciate your sharing.

On my part, I will try my best to stay for as long as I can n not bow out just to one or 2 TA detractors but I may leave one day if there are too many TA detractors and misleading forumers appearing in this forum.

Bintang ( Date: 05-Jul-2009 12:37) Posted:

Hi all , since some one ask me to study more TA , I had done so and found these :

Indicators:

Accumulation / Distributon : FAILED

Aroon : FAILED

CCI : FAILED

Chaikin Oscillator :FAILED

Chaikin Money Flow : FAILED

Demand Index : FAILED

ADX weekly : FAILED

MACD : FAILED

MESA sine wave : FAILED

Momemtum : FAILED

Parabolic SAR : FAILED

RSI : FAILED

Stochastic daily n weekly : FAILED

William % R : FAILED

Patterns :

Descending triangle ( falling out ) : PASSED

Double bottom : NOT PASSED , the volume not confirmed

H & S Pattern ; almost PASSED , forming the right shoulder .

Seeing the report card , not even a single reason to buy this counter .

x 0

Ooops, typo rerror, should be "Hope Bintang and me not next to leave..."

Agree with Cheong Wee tat the weak point of this forum is tat we can't edit our posting for typo errors.

richtan ( Date: 05-Jul-2009 12:56) Posted:

Hope Bintang and me next to leave after Cheong Wee but I will still try my best to stay in this forum as it is my passion to guide the newbies away from walking the same miserable paths tat I had once walked and only to wake up and realise my folly after incurring huge losses doing the easy but disastrous way and wise up doiing my own due diligence using FA and TA to time my entry.

newtothis ( Date: 05-Jul-2009 12:41) Posted:

If share is as simple as you think :)

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Hope Bintang and me next to leave after Cheong Wee but I will still try my best to stay in this forum as it is my passion to guide the newbies away from walking the same miserable paths tat I had once walked and only to wake up and realise my folly after incurring huge losses doing the easy but disastrous way and wise up doiing my own due diligence using FA and TA to time my entry.

newtothis ( Date: 05-Jul-2009 12:41) Posted:

If share is as simple as you think :)

Bintang ( Date: 05-Jul-2009 12:37) Posted:

Hi all , since some one ask me to study more TA , I had done so and found these :

Indicators:

Accumulation / Distributon : FAILED

Aroon : FAILED

CCI : FAILED

Chaikin Oscillator :FAILED

Chaikin Money Flow : FAILED

Demand Index : FAILED

ADX weekly : FAILED

MACD : FAILED

MESA sine wave : FAILED

Momemtum : FAILED

Parabolic SAR : FAILED

RSI : FAILED

Stochastic daily n weekly : FAILED

William % R : FAILED

Patterns :

Descending triangle ( falling out ) : PASSED

Double bottom : NOT PASSED , the volume not confirmed

H & S Pattern ; almost PASSED , forming the right shoulder .

Seeing the report card , not even a single reason to buy this counter .

x 1

x 0

Just my sharing with all forumers, particularly to newbies.

Read today's Sunday Times,"Invest, pg 23", I quote in red:

"Watch Out for Scammers"

Point no. 3:

3. Pump and Dump scams.

These are typical conducted via an unsolicited phone call or e-mail. The scammer, who holds a stock, attempts to boost its price via false and misleading recommendations (the "pump") which are e-mailed to many people. The stock is often promoted as a "hot tip". Once there is a surge of interest from victims, the scammers sell the stock (the dump").

The victims lose their investments as the stock price falls. Such scams usually target thinly traded or small-cap stocks as they are easy to manipulate and it does not take many new buyers to push up the prices. To avoid being taken in, it is best not to rely on information you receive via an unsolicited source.

My comments:

(1) This is true not only via unsolicited phone call and e-mail but also in public forums, so be wary of wat u read and dyodd.

(2) It is also true tat scammers usually target thinly traded or small-cap stocks, but it is still okay to trade small-cap stocks if u dyodd using FA and TA. Knowing tat the stock has good fundamentals is not good enuf as u may get caught buying at a high price by the "pump" which is primed for corrections (the dump"), thus the importance of TA to know whether it had been pumped up (avoid buying and being caught) and instead wait for buying opportunities (during the correction) by studying the candlesticks and other indicators for reversal patterns.

x 0

Just my sharing with all forumers, particularly to newbies.

Read today's Sunday Times,"Invest, pg 23", I quote in red:

"Watch Out for Scammers"

Point no. 3:

3. Pump and Dump scams.

These are typical conducted via an unsolicited phone call or e-mail. The scammer, who holds a stock, attempts to boost its price via false and misleading recommendations (the "pump") which are e-mailed to many people. The stock is often promoted as a "hot tip". Once there is a surge of interest from victims, the scammers sell the stock (the dump").

The victims lose their investments as the stock price falls. Such scams usually target thinly traded or small-cap stocks as they are easy to manipulate and it does not take many new buyers to push up the prices. To avoid being taken in, it is best not to rely on information you receive via an unsolicited source.

My comments:

(1) This is true not only via unsolicited phone call and e-mail but also in public forums, so be wary of wat u read and dyodd.

(2) It is also true tat scammers usually target thinly traded or small-cap stocks, but it is still okay to trade small-cap stocks if u dyodd using FA and TA. Knowing tat the stock has good fundamentals is not good enuf as u may get caught buying at a high price by the "pump" which is primed for corrections (the dump"), thus the importance of TA to know whether it had been pumped up (avoid buying and being caught) and instead wait for buying opportunities (during the correction) by studying the candlesticks and other indicators for reversal patterns.

x 0

Just my sharing with all forumers, particularly to newbies.

Read today's Sunday Times,"Invest, pg 23", I quote in red:

"Watch Out for Scammers"

Point no. 3:

3. Pump and Dump scams.

These are typical conducted via an unsolicited phone call or e-mail. The scammer, who holds a stock, attempts to boost its price via false and misleading recommendations (the "pump") which are e-mailed to many people. The stock is often promoted as a "hot tip". Once there is a surge of interest from victims, the scammers sell the stock (the dump").

The victims lose their investments as the stock price falls. Such scams usually target thinly traded or small-cap stocks as they are easy to manipulate and it does not take many new buyers to push up the prices. To avoid being taken in, it is best not to rely on information you receive via an unsolicited source.

My comments:

(1) This is true not only via unsolicited phone call and e-mail but also in public forums, so be wary of wat u read and dyodd.

(2) It is also true tat scammers usually target thinly traded or small-cap stocks, but it is still okay to trade small-cap stocks if u dyodd using FA and TA. Knowing tat the stock has good fundamentals is not good enuf as u may get caught buying at a high price by the "pump" which is primed for corrections (the dump"), thus the importance of TA to know whether it had been pumped up (avoid buying and being caught) and instead wait for buying opportunities (during the correction) by studying the candlesticks and other indicators for reversal patterns.

x 0

Just my sharing with all forumers, prticularly to newbies.

Read today's Sunday Times,"Invest, pg 23", I quote in red:

"Watch Out for Scammers"

Point no. 3:

3. Pump and Dump scams.

These are typical conducted via an unsolicited phone call or e-mail. The scammer, who holds a stock, attempts to boost its price via false and misleading recommendations (the "pump") which are e-mailed to many people. The stock is often promoted as a "hot tip". Once there is a surge of interest from victims, the scammers sell the stock (the dump").

The victims lose their investments as the stock price falls. Such scams usual target thinly traded or small-cap stocks as they are easy to manipulate and it does not take many new buyers to push up the prices. To avoid being taken in, it is best not to rely on information you receive via an unsolicited source.

My comments:

(1) This is true not only via unsolicited phone call and e-mail but also in public forums, so be wary of wat u read and dyodd.

(2) It is also true tat scammers usually target thinly traded or small-cap stocks, but it is still okay to trade small-cap stocks if u dyodd using FA and TA. Knowing tat the stock has good fundamentals is not good enuf as u may get caught buying at a high price by the "pump" which is primed for corrections (the dump"), thus the importance of TA to know whether it had been pumped up (avoid buying and being caught) and instead wait for buying opportunities (during the correction) by studying the candlesticks and other indicators for reversal patterns.

richtan ( Date: 04-Jul-2009 22:21) Posted:

Hi Rachael,

I hope u dun feel offended with my sharing, this is just my opinion and advice as everyone has their own trading style, I sincerely hope my sharing will help u n benefit u.

It is my firm belief tat there is no easy way out in life, including trading, we need to learn the tools of the trade (be it any trades) be it FA or TA or both as I had posted in this forum sharing my folly when I 1st step into trading, taking the easy way out n wise up after making hugh losses, do a search on my name n read it.

Personally, I m both FA n TA with more inclination towards TA.

FA wise, I read broking houses writeups, CNA interviews of analysts, forum, bloomberg... blah...blah...blah... just to get a feel of the mkt as I m sure after listening/reading so many analysts views, we tends to get confused at times as there are conflicting opinions n views, so at the end of the day, I still stick to TA as my tools for my trading decisions, though it is not infallible.

We need something to guide us when we tread this minefield of trading, so TA is my compass n guiding light (though it is not infallible, thus the need to set cut-loss point) just as satellite navigation is the guiding light to planes n ships.

Depending on your inclinations and whether u seriously want to learn TA, I had made many postings sharing my advice, recommended a few good TA books ( u can also search bookstores for some good TA books) n "Free TA Tutorial" websites n expert TA analyst website, click on my name n search n read thru them all n read as many TA books and money management books, it will definitely stand u in good stead.

Making losses is part n parcel of trading, thus why I always remember by heart n abide by the 3 mantras I learnt from TA books:

(1) Remember, the trend is your friend, never, never go against the trend, we need to know the short-term, mid-term n long term trend n trade accordingly

(2) Plan your trade n trade your plan, which means we need to analyse the chart for buying opportunities (TA skills needed, though not infallible) n set out stop-loss point b4 enter a trade

(3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price.

rachael ( Date: 04-Jul-2009 12:57) Posted:

Smiley (i don't like this, but after reading the post made me so angry). I did brought at $1.78 and $1.79 and sold at $1.80 (I thought I am an adult no need to explain to people of my action but since i am attack here so need to clarify myself Smiley )

brought at $1.78 because seen this share has been going at $1.98 this is early or Mid June but who knows once I buy it started to fall to the lowest at $1.68 and contantly around $1.75/$1.76

Okay, than I thought maybe i should hold on to it since all other counters are not doing well and so been stuck there since mid June until now..than i read Cheongwee posting and so some research about this counter and think maybe this is not so bad and brought some at $1.79 when i saw the price starting to go up to $1.83....yeah maybe it is true that it will go up to $2.20 soon, so better not miss the boat.

Now what made me sell at $1.80....every morning and evening I will hear the financial news from the radio and Thursday will be an important financial unemployment figures from the USA which was why this week trading was thin. If employment figures are high, US will be more difficult to come out of recession and shares will tumble. Cheongwee, I thought you said I must have a lost stop?so that what i am doing...and you are right I did not made any money and also did not loss any money on this counter. I have already paid $1800 loss on Epure so not going to pay again for another lesson. all these are my hard earn money from my full time job,.

After I sold at $1.80, yesterday this counter ended at $1.74/5(?).... which is not so bad.... I thought it will tumble further. As mentioned before I am very new trading shares, just earn a few thousand from Mermaid so I am still learning and will get very upset with myself if I get burn from trading shares.

btw, who do i offended huh??? Smiley exchange 23, thank you for speaking out for me.