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iPunter Supreme	15-Dec-2006 00:05        iPunter About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fibonacci phenomena are great as a pursuit of romance ... viz the romance of Fibobacci,  the Golden Mean, etc...
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newmoon Veteran	14-Dec-2006 23:55        newmoon About Contact  Quote this Post!
x 0   x 0  Alert Admin	Victor Niederhoffer said in his book on practical speculation that no indicator is reliable. His favourite indicator Vix worked for buying and selling S&P futures for a number of years but this year using vix would have been disastrous. He thinks Fibonacci numbers are too subjaective and almost useless Better to rely on pi and the moon for the time being.
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iPunter Supreme	14-Dec-2006 23:54        iPunter About Contact  Quote this Post!
x 0   x 0  Alert Admin	With my sifu's tips here, now everyone does not need to buy any more expensive books.... :)
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cashiertan Elite	14-Dec-2006 23:48        cashiertan About Contact  Quote this Post!
x 0   x 0  Alert Admin	good and simple post
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billywows Elite	14-Dec-2006 23:34        billywows About Contact  Quote this Post!
x 0   x 0  Alert Admin	Darn good post, neighbour (Nextdoor)!
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nextdoor Senior	14-Dec-2006 22:34        nextdoor About Contact  Quote this Post!
x 1   x 0  Alert Admin	Some trading rules to ponder about! Technical Analysis teaches traders to execute positions based on numbers, time and volume.This discipline forces traders to distance themselves from reckless gambling behavior. Through detached execution and solid risk management, short-term trading finally "works". Markets echo similar patterns over and over again. The science of trend allows you to build systematic rules to play these repeating formations and avoid the chase:   1. Forget the news, remember the chart. You're not smart enough to know how news will affect price. The chart already knows the news is coming. 2. Buy the first pullback from a new high. Sell the first pullback from a new low. There's always a crowd that missed the first boat. 3. Buy at support, sell at resistance. Everyone sees the same thing and they're all just waiting to jump in the pool. 4. Short rallies not selloffs. When markets drop, shorts finally turn a profit and get ready to cover. 5. Don't buy up into a major moving average or sell down into one. See #3. 6. Don't chase momentum if you can't find the exit. Assume the market will reverse the minute you get in. If it's a long way to the door, you're in big trouble. 7. Exhaustion gaps get filled. Breakaway and continuation gaps don't. The old traders' wisdom is a lie. Trade in the direction of gap support whenever you can. 8. Trends test the point of last support/resistance. Enter here even if it hurts. 9. Trade with the TICK not against it. Don't be a hero. Go with the money flow. 10. If you have to look, it isn't there. Forget your college degree and trust your instincts. 11. Sell the second high, buy the second low. After sharp pullbacks, the first test of any high or low always runs into resistance. Look for the break on the third or fourth try. 12. The trend is your friend in the last hour. As volume cranks up at 3:00pm don't expect anyone to change the channel. 13. Avoid the open. They see YOU coming sucker 14. 1-2-3-Drop-Up. Look for downtrends to reverse after a top, two lower highs and a double bottom. 15. Bulls live above the 200 day, bears live below. Sellers eat up rallies below this key moving average line and buyers to come to the rescue above it. 16. Price has memory. What did price do the last time it hit a certain level? Chances are it will do it again. 17. Big volume kills moves. Climax blow-offs take both buyers and sellers out of the market and lead to sideways action. 18. Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers. 19. Bottoms take longer to form than tops. Fear acts more quickly than greed and causes stocks to drop from their own weight. 20. Beat the crowd in and out the door. You have to take their money before they take yours, period. Cheers! ;-p
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maxsyn Veteran	07-Dec-2006 20:31        maxsyn About Contact  Quote this Post!
x 0   x 0  Alert Admin	trade within your financial ability. However, margin lending not my choice to hold. can get more heart  attack if market goes against you.
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iPunter Supreme	07-Dec-2006 18:50        iPunter About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hold is true... that is not very true if you are unlucky enough to buy at a peak. Also, if you are on margin and you hold, all your money can also go "poof" in a short while!
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geojam Member	07-Dec-2006 18:41        geojam About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with maxsyn.At least in shares u can hold and have some dividend. I take one step further,I borrow through margin lending to pick up the shares after 3 days.
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sohguanh Veteran	07-Dec-2006 16:19        sohguanh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hold provided you paid up for it in 3 days time else hehehehe.....
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maxsyn Veteran	07-Dec-2006 16:00        maxsyn About Contact  Quote this Post!
x 1   x 0  Alert Admin	in share, if below cost, still can hold. in casino, if gone, you have to bet, loan or rob to continue the game. that's simple
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iPunter Supreme	07-Dec-2006 15:53        iPunter About Contact  Quote this Post!
x 0   x 0  Alert Admin	hehe... the stock market is already a casino of sorts.  I punt punt a bit on 4D, but so far no luck, only horse sai.
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geojam Member	07-Dec-2006 15:49        geojam About Contact  Quote this Post!
x 0   x 0  Alert Admin	why are u punting in shares  then? U should be in casino.
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maxsyn Veteran	07-Dec-2006 15:47        maxsyn About Contact  Quote this Post!
x 0   x 0  Alert Admin	4D and casino once gone is always gone. for stocks, still can hold shares unless company burst. hee..hee.. now see HSI recovering some losses and waiting to profit HSI index call warrant.
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iPunter Supreme	07-Dec-2006 15:44        iPunter About Contact  Quote this Post!
x 0   x 0  Alert Admin	sohguanh... hahaha... you are very right...  thank you for reminding us  :)
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iPunter Supreme	07-Dec-2006 15:42        iPunter About Contact  Quote this Post!
x 0   x 0  Alert Admin	Punting 4d is also quite a thrill, but there again, if you punt too big, the fun is no more there. In whatever punting, it is important to make sure you don't do it big. Punt small lose small, punt big lose big.  :)
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sohguanh Veteran	07-Dec-2006 15:38        sohguanh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Take the 100K to casino and play big small and within minutes I will be 100K richer or 100K poorer. The fastest way to make money AFAIK than play with the stock market for one year so tiring. Chop chop one shot see results more shiok rite? :P
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geojam Member	07-Dec-2006 15:26        geojam About Contact  Quote this Post!
x 0   x 0  Alert Admin	If u have S$100k to trade in the share market,wonder what is the expected rate of reurn on a yearly basis.
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maxsyn Veteran	07-Dec-2006 13:48        maxsyn About Contact  Quote this Post!
x 0   x 0  Alert Admin	ipunter, punting shares still better than betting 4D and Toto, one way ticket!
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rickytan Veteran	07-Dec-2006 13:41        rickytan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Cashiertan, you are already very good at trading.  If  you are impressed by this man, then he must be damn...... good !  One day, must take leave to pay a visit.  Btw, I wont be surprise that because of your post, the POEM centre will be drawing huge crowd !
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