Hong Kong Hang Seng index hitting points

As a continuation to my previous article. The HSI has indeed had reached 20000 point level and now is hovering around the 20500 level. This is another critical level, if the HSI can goes above 21000, it will be the beginning of a new uptrend for HSI and we can hope to see it reach up to 24000 points in the future.


Article by Trading Roomwww.tradingforreal.blogspot.com

Hang seng index Breakout

In response to my previous article, the HSI has continue to move upwards from it's breakout point. I expect this bull run to continue and it will meet some resistance at 20000 points.


Article by Trading Roomwww.tradingforreal.blogspot.com

Breakout pattern seen on Hang Seng Index

The HSI has broke out from its triangle pattern and it seems it is going to move higher in the future. Currently I will be bullish on the market base on the information above.


Article by Trading Room
www.tradingforreal.blogspot.com

FREE In love with you: Guitar Chords, John Laudon

Original Key Eb/Gb/A/C. Choosen Key: D/F/Ab/B 4/4

D D/F# G Bm
Just a gentle whisper told me that you're gone
G D/F# Em A
Leaving only memories where did we go wrong
D D/F# G Bm
I couldn't find the words then, so let me say them now
G Em A D
I'm still in love with you
F F/A Gm C F
Tell me that you love me, tell me that you care
Bb F/A Gm7
Tell me that you need me and I'll be there
Bb Dm C
I'll be there waiting


Will be continue

Article by Trading Roomwww.tradingforreal.blogspot.com

In love with you. By John laudon (guitar chords)

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

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!!!

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

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

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

What's the purpose of LiFe??

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Article by Trading Roomwww.tradingforreal.blogspot.com