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Latest Posts By richtan - Supreme      About richtan
First   < Newer   2301-2320 of 3268   Older>   Last  

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



matthewsoh      ( Date: 30-Jun-2009 15:02) Posted:

Yo richtan , i didnt invest on this counter and i really know nuts about TA but I do trust your expertise and your sincerity so that is why I stand on the autobots side ! haha



richtan      ( Date: 30-Jun-2009 14:58) Posted:

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 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.  



matthewsoh      ( Date: 30-Jun-2009 15:09) Posted:

Hi Richtan , how to see buy sign ? I am currently investing kepland , rickmer and NOLR .. haha  NOLR looks like going to down the drain :(



matthewsoh      ( Date: 30-Jun-2009 15:02) Posted:

Yo richtan , i didnt invest on this counter and i really know nuts about TA but I do trust your expertise and your sincerity so that is why I stand on the autobots side ! haha



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30-Jun-2009 15:01 China Hongxing   /   Good News for China Hongxin       Go to Message
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Dyodd

newtothis      ( Date: 30-Jun-2009 14:57) Posted:

sorry for those who vested in China Hongx ... blame someone. :)

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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



richtan      ( Date: 30-Jun-2009 14:58) Posted:

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.



matthewsoh      ( Date: 30-Jun-2009 14:42) Posted:

yo richtan , The price indeed went down to .16 liao ... I think someone lan lan ...


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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.



matthewsoh      ( Date: 30-Jun-2009 14:42) Posted:

yo richtan , The price indeed went down to .16 liao ... I think someone lan lan ....

richtan      ( Date: 30-Jun-2009 12:34) Posted:

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 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.



niuyear      ( Date: 30-Jun-2009 13:27) Posted:



Chart wise, this stock is uptrend and fundamental is ok, but, why it is beaten down?  Has this got to do with the 'pattern of the market rally'?  

People already envisaged that for a typical market rally, it always moves with the BLUE chips first, then, followed by the Mid Cap, then the penny stocks.   If this is the pattern to be expected, then, the BBs  etc will  short down the penny stocks (unfortunately, this is the stock they like?) for collection at a lower price, and,  if this is joined in by other short sellers (retail), then the price will plunge signifcantly.  These ppl will then buy low and later, push price up to sell and after this last batch of penny move,  the market will stay stagnanat for a while?

Comments welcomed!  Me also quite 'green' to market and we all learn from each other. Smiley

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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

 



Bintang      ( Date: 30-Jun-2009 12:44) Posted:

Do not be discouraged by other forumers ' posting , Mr Richtan ,  you have our strongly support , even though the chart goes the other way , this is normal in TA ,  I have learnt TA for 20+ years , but still making mistakes , TIME will prove you are right , stick to your principles  firmly .

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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.



matthewsoh      ( Date: 30-Jun-2009 12:24) Posted:

richtan , I know you well enough and just ignore pseudo-smarties aka idiots around us. IF you are new to this , listen to advises and whether you take it or not , up to you.

Richtan doesnt gamble or let his money to chances and that is why he uses TA to guide him. I know zero about TA but I know TA is useful to a large extent to the smart investors. Richtan , ignore them.

Flaming is everywhere now. haha .. School holiday extended? maybe they are from PHS or Westwood secondary ?

 

 



richtan      ( Date: 30-Jun-2009 11:43) Posted:

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 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.



anfield_76      ( Date: 30-Jun-2009 12:08) Posted:

no need to doubt la, those two who go opposite of you definitely not the same person la. got ways to check one.

as much as richtan keep pointing towards newtothis having an agenda/ulterior motives, richtan may also have an "agenda" and "ulterior motive", as "no one owes anyone a living". admire newtothis way better :) newtothis, do PM me TP of CHX!



richtan      ( Date: 30-Jun-2009 11:25) Posted:

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 11:43 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.



newtothis      ( Date: 30-Jun-2009 11:30) Posted:

I never say that ... did i?

omg your very very funny :)

TA is a guide, you have to use other information to really confirm your call.

You really only see one from one view dont you. I never never say using TA is wrong. I support people using TA as a guide. But ur seems to be a fanatic.



richtan      ( Date: 30-Jun-2009 11:20) Posted:

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 11:25 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



Bintang      ( Date: 30-Jun-2009 11:03) Posted:

I also appreciate richtan 's effort in analysing the chart n post valuable comments . A big THANKS !

Bintang      ( Date: 26-Jun-2009 20:56) Posted:

China Hongx is currently very hot favourite in this market , it is surging quite fast  toward  its neckline of the inverted head n shoulder pattern , normally it will pull back to form the right shoulder before going further . Bollinger band is at 21 cents , and we must beware if  it reaches 22.5 cents which was the recent high with very large volume .This is also the target price which the analyst had predicted . 21 day RSI both daily n weekly is not at overbought position , that means it is not going to explode in the near term .


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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.



newtothis      ( Date: 30-Jun-2009 11:10) Posted:

Sometimes its better not to know too much :) When things are too clear ... dreams will be broken



richtan      ( Date: 30-Jun-2009 11:03) Posted:

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 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.



newtothis      ( Date: 30-Jun-2009 11:00) Posted:



My final words for you. Tan.... 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. Thats End of my Story.

Good luck. 

 

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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.

 



newtothis      ( Date: 30-Jun-2009 10:57) Posted:

Thats why TH & GIC lost so much money. I wonder what will happen if i have someone like you working for me LOL. I might die

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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.



newtothis      ( Date: 30-Jun-2009 10:40) Posted:



You say you use TA to confirm ? lol So your TA dont do prediction LOL....... omg we are all laughing here really....

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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.

 



newtothis      ( Date: 30-Jun-2009 10:45) Posted:



So you are saying it wont drop below 0.160 ?

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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.



newtothis      ( Date: 30-Jun-2009 10:20) Posted:

oh boy. WOW first time i hear chart can easily predict the BB or SBB behaviours......

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30-Jun-2009 10:16 China Hongxing   /   Good News for China Hongxin       Go to Message
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Posted: 30-Jun-2009 00:03       Contact richtan          *  Quote this Post!
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* Alert Admin



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30-Jun-2009 10:12 China Hongxing   /   Good News for China Hongxin       Go to Message
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Dyodd

newtothis      ( Date: 30-Jun-2009 09:46) Posted:



 Still wondering why market is green and China Hongx is being press down ?

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