Sunday, May 30, 2010

Rules

1. Obey my cp, ep, tp, and not affected by how people should look at your end trades.
2. Buy the strongest, short the weakest.
3. Know your emotions, why fear? why euphoria
4. Do not be late for opening
5. Do not anticipate the trend and know your trend.
6. Listen to the market
7. Wait for the leaders to show up after correction, selldown. Be patient.




Wednesday, May 26, 2010

Change of rules

was thinking and thinking.

1. Obey my cp, ep, tp, and not affected by how people should look at your end trades.
2. Obey ur pre-plan route
3. Do not be influenced by what surrounding says
4. Do not be late for opening
5. Do not anticipate the trend
6. Listen to the market

I am going to replace 3. with "Know your emotions, why fear? why euphoria?"

And number 5. Do not anticipate the trend and know your trend.

7. Wait for the leaders to show up after correction, selldown. Be patient.

Tuesday, May 25, 2010

Change of trend

With the severity of this selldown, it may put the rebounce on a slower and lesser degree track, in anycase. If there is a potential change of trend, mindset need to change, not how low, but rather how high.

Strongest (above 200ema, above 50ema)
F&N
Biosensors
ARA
Smrt
Singpost
Anwell
Rafflesmg
Sarin
SBI offshore
armstrong
SIA enginner

Strong (above 200ema, below 50ema)
yangzjiang
cosco
kepland
sembcorp
broadway
china fishery
m1
longcheer
statschip