I have been trying very hard to look for guitar version of the song "in love with you" by John laudon lately. I should be able to find it soon. Once I get it., I will post it here!!
Article by Trading Roomwww.tradingforreal.blogspot.com
Tuesday, 22 November 2011
Saturday, 9 July 2011
Super Trader
After reading almost 2/3 of the book "super trader" by van tharp, I tell myself it is one of the best book I read on trading. I highly recommend it to anyone interested in trading for a living. In the book, it shown u how to build a trading system that really fit your own belief n test it systematically to make sure it is a profitable system. I was especially surprise by the fact that even random entry can make money as long as u have good exit n stop loss in place. Great book!!!
Sunday, 8 May 2011
CMC market Trial account
After calling CMC market, I managed to get the password and account no. for the trial account. After my successful login to the web base market maker platform, I find the interface not very user friendly. I am on my two week trial run of this CMC market platform, I will see how I go after this two week peroids.
My task this coming week is to do paper trading via the CMC market platform and learn about the different types of order from CMC like OCO, limited order and IF DONE order.
BTW my birthday just passed by one day ago, I have learnt that birthday are not necessary happy. This is what I call unhappy birthday.
Article by Trading Room
www.tradingforreal.blogspot.com
My task this coming week is to do paper trading via the CMC market platform and learn about the different types of order from CMC like OCO, limited order and IF DONE order.
BTW my birthday just passed by one day ago, I have learnt that birthday are not necessary happy. This is what I call unhappy birthday.
Article by Trading Room
www.tradingforreal.blogspot.com
Sunday, 1 May 2011
Potential online CFD broker
After 1 week of research, I have locked into two potential online CFD provider for my trading purpose. They are IG market and CMC market. Both are large firm with long history of providing CFD trading. After finishing the PDS (product disclosure statement) of CMC market, I have download the software Market maker and try to have the two week free trials. But somehow, they didn't send me the account no. and password for the free trials account. I am planning to call them next week to follow up on this issue.
My task for this coming week is to Call CMC market about the 2 week free trials.
Article by Trading Room
www.tradingforreal.blogspot.com
My task for this coming week is to Call CMC market about the 2 week free trials.
Article by Trading Room
www.tradingforreal.blogspot.com
Sunday, 24 April 2011
New Wealth Creation Begins!!
Start from today, I have make up my mind to start my wealth creation program all over again. Despite reading more than 30 books on wealth creation involving Stock trading, Investing and real estate investing. I felt I am really going no where. It is time to stop reading and take more action.
As at 24th April 2011, my investment portfolio includes:
Share trading: Nil.
Share investing:
Pacific basin (HK: 2343) - Target price $6.50
Bank of China (HK:3988) - Target price $4.80
Esprit (HK: 330) - Target price $80.00
Real estate investing: Nil.
Business: Nil.
N.B. I have separate Share investing and Share trading because I think there is a key difference between the two. For Investing, the time frame is longer, can be up to 3 years and the most important thing is to find a good company to invest and to buy at a fair or bargain price. For share trading, the time frame is much shorter and I don't really care whether it is a good company or not. My entry decision will be base mainly on technical entry. I can go Long or Short. Depending on the market condition.
I planned to hold share investment for a longer period until it reach my target price. Currently I will start focusing my effort in share trading with CFD (Contract for Difference). My task is to find a good online CFD broker that deal with HK shares.
Article by Trading Room
www.tradingforreal.blogspot.com
As at 24th April 2011, my investment portfolio includes:
Share trading: Nil.
Share investing:
Pacific basin (HK: 2343) - Target price $6.50
Bank of China (HK:3988) - Target price $4.80
Esprit (HK: 330) - Target price $80.00
Real estate investing: Nil.
Business: Nil.
N.B. I have separate Share investing and Share trading because I think there is a key difference between the two. For Investing, the time frame is longer, can be up to 3 years and the most important thing is to find a good company to invest and to buy at a fair or bargain price. For share trading, the time frame is much shorter and I don't really care whether it is a good company or not. My entry decision will be base mainly on technical entry. I can go Long or Short. Depending on the market condition.
I planned to hold share investment for a longer period until it reach my target price. Currently I will start focusing my effort in share trading with CFD (Contract for Difference). My task is to find a good online CFD broker that deal with HK shares.
Article by Trading Room
www.tradingforreal.blogspot.com
Monday, 21 March 2011
What's the purpose of LiFe??
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Article by Trading Roomwww.tradingforreal.blogspot.com
Article by Trading Roomwww.tradingforreal.blogspot.com
Wednesday, 16 February 2011
Baltic Dry Index Rebound Feb 2011
The baltic dry index which measure the cost of shipping dry bulk globally has finally take a break from its previous downtrend and had seen a small rebound recently. There are many factors causing the decline in BDI and the main one is the oversupply of Ships while the relative demand for dry bulk shipping hasn't keep up with the supply. Another reason for the recent decline is the flooding disaster in Australia which is the main global exporter of coal and another reason is the major consumer of iron ore China has close off its import because of Chinese New Year recently. But as the flooding disaster in Australia is improving and with the finishing of Chinese New Year holiday, we should continue to see the BDI rebound for a while. However, I remain cautious over the long term view for BDI over this year because of the oversupply of new ships.
Article by Trading Room
www.tradingforreal.blogspot.com
Article by Trading Room
www.tradingforreal.blogspot.com
Monday, 17 May 2010
Hang Seng Index Market Outlook 17-05-2010
The market did received some support from the 19000 level and the HSI has remain steady just above the 20000 level. So far since OCT 2009, the market had been moving side way, which is not going anywhere at all.
3 month Daily Chart
HSI has rebound from the lower border of the Bollinger Band and has move side way for the last week between the 20000 and 20500 level. Other way to say it is the HSI is consolidating. Both the 7 and 30 day EMA is down. The current 3 months trend is not clear.
1 Year Weekly Chart
There is a potential for double bottom to be forming but it will need the HSI to rally and close somewhere around 20800 level to confirm it. But my feeling on the weekly chart is the market is likely to go lower in the short term.
Overall, I am more prone to bearish in the short term but the long term is still bullish.
Article by Trading Room
www.tradingforreal.blogspot.com
3 month Daily Chart
HSI has rebound from the lower border of the Bollinger Band and has move side way for the last week between the 20000 and 20500 level. Other way to say it is the HSI is consolidating. Both the 7 and 30 day EMA is down. The current 3 months trend is not clear.
1 Year Weekly Chart
There is a potential for double bottom to be forming but it will need the HSI to rally and close somewhere around 20800 level to confirm it. But my feeling on the weekly chart is the market is likely to go lower in the short term.
Overall, I am more prone to bearish in the short term but the long term is still bullish.
Article by Trading Room
www.tradingforreal.blogspot.com
Sunday, 9 May 2010
Hang Seng Index Market Outlook 09-05-2010
We have experience some severe correction last week, with the HSI dropping more than 1000 point. The market has been in a bit of a panic mode. The reason people say about the correction was because of the Debt crisis in Greece which might progress throughout the whole European market. In my opinion, the market had definitely overreact.
3 Months Daily Chart
On the daily chart, we can see wilden Bollinger Band which meant increasing volatile of the market. The HSI bar is currently outside the Bollinger Band, meaning the market in the short term has been oversold. It is likely we can see some support in this level.
1 Year Weekly Chart
HSI has dropped back to the recent low level of around 19000. Here we can see a potential double bottom forming if the HSI rebound from this level. If HSI continue to penetrate below the 19000 level, we might be able to see HSI to go even lower.
Currently the market is fill with uncertainty. If I am a buyer, I will start buying more security at bargain price, of coz there is no promise that the market won't go lower, but if the market goes lower, you can continue to average down your position. So don't eat too full, there might be more bargain ahead.
Article by
Trading Room
http://www.tradingforreal.blogspot.com/
3 Months Daily Chart
On the daily chart, we can see wilden Bollinger Band which meant increasing volatile of the market. The HSI bar is currently outside the Bollinger Band, meaning the market in the short term has been oversold. It is likely we can see some support in this level.
1 Year Weekly Chart
HSI has dropped back to the recent low level of around 19000. Here we can see a potential double bottom forming if the HSI rebound from this level. If HSI continue to penetrate below the 19000 level, we might be able to see HSI to go even lower.
Currently the market is fill with uncertainty. If I am a buyer, I will start buying more security at bargain price, of coz there is no promise that the market won't go lower, but if the market goes lower, you can continue to average down your position. So don't eat too full, there might be more bargain ahead.
Article by
Trading Room
http://www.tradingforreal.blogspot.com/
Monday, 3 May 2010
Hang Seng Index Market Outlook 03-05-2010
Last Week the Market had fall more than I had expected. Reaching some support at the level around 21000.
3 Months Daily Chart
It looks like we are in a 3 months uptrend. With HSI suffering a recent correction. I think price will gain some support from the 21000 level.
1 Year Weekly Chart
With HSI staying right above 30 week EMA. In my view it is unlikely for HSI to drop further. If HSI continue to rebound well from the 21000 level. We should be seeing a new wave of upward move.
Article by Trading Room
www.tradingforreal.blogspot.com
3 Months Daily Chart
It looks like we are in a 3 months uptrend. With HSI suffering a recent correction. I think price will gain some support from the 21000 level.
1 Year Weekly Chart
With HSI staying right above 30 week EMA. In my view it is unlikely for HSI to drop further. If HSI continue to rebound well from the 21000 level. We should be seeing a new wave of upward move.
Article by Trading Room
www.tradingforreal.blogspot.com
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