KLSE TRADE RIGHT

KLSE TRADE RIGHT

ChrisChoo
Publish date: Mon, 03 Dec 2012, 11:31 PM
My name is Chris Choo. Practising remisier for 18 years. Currently working as remisier attached at Jupiter Securities Sdn Bhd. Specializes and uses the "Price Action Technique" in selecting winning stocks for intraday and short term trading with great success.

 

 

Hi readers,

 

Stating the obvious....

 

There are some investors /traders who take a very microscopic view of the share market...trying to second guess or worse out with the market. As it will not take a genius to know that the quieter the market is the lower the chances of selecting a high performance stock...No matter how good or fundamental a stock is ,if there are few buyers.  How does one expect the share to go up meaningfully ? At best it may move one or two bids up but anything more would require a herculean effort. 

Conversely should it fall later the inverse would be true..with few buyers the fall can be exaggerated , possibly even more than the initial rise...that is why sometimes it may be better to let an opportunity go by than to catch a  subsequent falling knife ! Instead try looking for hidden gems within the broad market by identifying "real" collection patterns. 

 

The collection price might serve as a base price for a rally at a later date...

 Have a good day.

 

Thank you

 

Chris Choo

http://traderight88.blogspot.com

email me if you have any queries at chrischoo007@gmail.com

 

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