Latest Posts By richtan - Supreme About richtan |
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30-Jun-2009 18:37 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Hi Matthewsoh, Pardon my ignorance, can explain to me wat u mean by "I stand on the autobots side". Thks
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30-Jun-2009 18:33 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Hi Matthewsoh, My sincere apology, it is not tat I dun want to share with u how to spot buying sign. Much as I would like to post a few liners on how to see buy sign, it is quite difficult for me to elaborate in one post. In a nutshell, u need to know wat the candles, price-volume action is "talking to u" but of course, I always mentioned, it is not infallible. Frankly, there is no shortcut to trading success, it is all thru hardwork n knowledge n practice n review n refining. I had posted a few good TA books n "Free TA Tutorial" websites, I suggest u do a search under my username, read them up, master it n regularly refresh wat u read n practice it, u need to learn the ropes of the trade. Once u know how to fish, U can fend for yourself n ignore all those distracting"noises" in the forum.
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30-Jun-2009 15:01 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Dyodd
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30-Jun-2009 15:00 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Normally, I dun trade based on intraday price, as at times, it could be a fake, though it may also be real. I make my decision based on closing price n plan my next day action
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30-Jun-2009 14:58 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Matthew, Not to worry, plan your trade n trade your plan, stick to your cut-loss point, dun get emotional, be mechanical, if hit your cut-loss point, just cut, after cut-loss, if it goes up, so be it, unless there is a new buy sign or go for other stocks with buy sign.. I cant tell u wat is the cut-loss point as everyone has different trading plan, diffferent pain threshold n cut-loss point, n depending on whether u are trading short-term, mid-term or long term n at wat price u bought.
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30-Jun-2009 14:19 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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30-Jun-2009 14:14 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Hi nuiyear, Do not be distracted by all these noises n remember TA is not infallible, Thus why, I always like to emphasise these 2 mantras which is forever ingrained in a TA trader's mind: (1) Always analyse the chart, plan your trade n trade your plan, do not get emotional, set stop-loss when hit, be mechanical. (2) Cut losses short n let profits run with trailing stops, we need to maximise profits to cover for all those losses n make net profits.
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30-Jun-2009 14:07 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Hi Bintang, Thanks for your encouragement, we are fellow TA practitioner, so we talk in the same frequency. Likewise, I also been using TA for 20+ years but initially I started trading based on tips, rumours n wild calls in other forums till burnt badly thus why I abhors n strongly detest unscrupously postings, seeing history repeats on gullible newbies n seeing them walking the previous miserable path I had without blowing the whistle.. We, TA practitioner do our TA sharing with ultruistic objective, not like those detractors of TA, accusing us of "ulterior motive" which really pains my heart. Oh yah, btw, can kindly post your inverse H&S chart to share. Thanks a lot
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30-Jun-2009 12:34 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Matthew Soh, Many thanks for your encouraging words, my efforts n crusade to bring awareness to newbies not to be entrapped by such insidous postings is not in vain. We need to stamp out "badhats", otherwise it will attract more "badhats" n start proliferaing n degrading this forum into a "fish mkt" forum. It is my sincere desire to see Sharejunction be the premier forum where all "badhats" are "whistle-blown" n attract serious forumers tat contribute substantiated postings with facts n figures for the benefit of all to amke informed decision instead of misled by dubious postings with insidous motives.
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30-Jun-2009 12:21 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Wat agenda do I have, let forumers judge. My chart analysis, facts n figures, "Trade Summary" is for all to see n "dyodd", not wild calls, one unclear liner nor emotional postings to incite greed n fears which I strongly detest.
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30-Jun-2009 11:43 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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I shall rest my case n let forumers judge u, as it is zapping to much of my time n energy which is better spent on my trading n chart analysis. U can keep replying till kingdom comes but I know I have created enuf awareness here to newbies to "dyodd" n not be distracted n affected by all thses "noises, we dun need these "noises" to confirm our trade excution.
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30-Jun-2009 11:25 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Thanks Bintang for your appreciation, I m truly heartened tat numerous forumers had express their thanks except for these 2 (or could be 2-in 1) detractors of TA. Can kindly post your chart on the inverse H&S n neckline u mentioned as pictures tell a thousand words. Thaks a lot
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30-Jun-2009 11:20 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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So u mean to trade based on gambler's instinct n dreams will not be broken, no need to dyodd. Just wonder how many forumers will buy your view.
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30-Jun-2009 11:10 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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No thanks for your "Final words", not appreciated. I m a firm believer in TA n true TA practitioner. U tell this "TA is good for a guide. But many other factors you have to consider. Share is not as simple as that, that can be confirm by TA" to those true TA practitioner n they will laugh at your ignorance. Anyway, since u are a detractor of TA, I shall not waste my breathe elaborating to u. Glad tat u are willing to end the story, otherwise zapped my energy n distract me from my anlysis of my chart n my trading.
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30-Jun-2009 11:03 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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U are obviously distorting facts, TA is not infallible, u must have not been reading the papers, Temasek N GIC n even the Finance Minister mentioned , they look not at just a few trades, wat is important is overall, they still outperform others. Forget your dreams of me working for u, no possibility, nightmare to me. I rather work for my own pockets n laugh all the way to the Bank or minimise my losses.
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30-Jun-2009 10:54 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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TA is use to analyse but true TA pratitioner execute their trades on confirmation of chart patterns. Laugh as much as u want, your laughter doesn't cost me any losses, it doesn't even bother me the slightest bit. Wat is more important n matters to me is I do my own due diligence (homework), maximise my profit n "laugh all the way to the Bank" or minimise any losses to preserve my ammunition to fight the mkt another day.
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30-Jun-2009 10:47 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Seems like u dun understand simple English. Let me repeat my simple English: TA practitioner dun predict nor do guesswork, TA practitioner trade based on confirmation of the chart pattern.
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30-Jun-2009 10:38 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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This obviously shows your ignorance of TA, charts dun do predictions. TA practitioner trade based on chart confirmation , not guesswork nor predictions.
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30-Jun-2009 10:16 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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30-Jun-2009 10:12 | China Hongxing / Good News for China Hongxin Go to Message | ||||
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Dyodd
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