Liverpool won. That makes my day today besides taken profits yesterday, and will be sitting tight as I believe KLCI will go lower this month ... well ... the GE-rally still in play.
Tuition and Cohort-5
FEB is a very busy month for me, indeed. Hence, I do not plan to be in markets except some short quick punt here and there. FEB could also be a significant month for me. There will be an increase in my tuition classes. My cohort-5 will be starting on 18th FEB(many enquiries but dont know if they are for real) ... and FEB will also seeing me starting a new venture. Indeed, FEB is a busy yet significant month.
Training and e-learning
I will be attending a 'training' on 10th - 12th FEB. Yes, it is also this very month where I hope whatever I am learning could improve in my e-learning, and to teach more effectively. Speaking of that, I do owe my e-tratles some posts ... and determine to get it done. Apologise to my e-tratles who have been patient with me. Patience is virtue and needed to be in market. Take it as a test. haha. Oh yes, I have 4 new e-tratles registered days ago .... thanks and welcome to my simple trading-course.
Stock Watch
FEB ... will also see a significant increase in my stock-watch group as I will continue to post my analysis of stocks there. This blog will be used to jot down my trades and my activities. Well, I do not even have the time to share with all my 20-odd trades done with my stock-watch group in Jan. Most of the stocks done well ... some extremely well with only few small losses. In fact, the losing counters like BJCorp and HiapTeck crawled back above my cost prices!! So, virtually ... only my AirAsia and Armada are the losing counter, brough forward to FEB.
I do not think so I could find time to write much more ... thoughts cramping my mind. I have to learn to let go of many more things happening around me ... and trying to keep pace with my commitments, my responsibilities and works. Going into March onwards, with exams nearing ... I really have to get myself organise, and my contacts in tact. It is becoming a challenge to me to just remember many contacts!!
Technical Analysis
Recently I read what Bone's written about why TA charts failing in KLSE. There are so many points that I do agree. Yes, I am NOT a pure technical person ... most of my tratles and 'old' readers should know that. I do not crae much about those indicators, too many of those lines confusing me further ... so, I will keep my chart clear and simple!! I have written about why more indicators used is foolish for analysing KLSE's charts!! Serious ... if only I am 'free', I will add in more pointers that he mentioned and well-written post. DO NOT believe those telling you that you need to have all those indicators 'on line' and 'in line'. KLSE's market simply fails MANY of times. The more 'technical' you are, the higher chances you will fail!!
Trading Course
I also agree on the basis that WHY many would pay hundreds or thousands for trading courses, softwares etc etc. It is amazing ... how could these courses get us to be expert in trading? Look ... believe me, it is not the course. It is YOU.
Tell me ... how could a person learn TA in days? Even if you have the high abilities of learning, YOU COULD NOT know how to apply it in your trading!! I am serious ... I am teaching trading myself now, charging peanuts to all(RM50 per class?) with a hope that many could learn a little of technical analysis, done MY WAY. Yes, I do not see the reasons WHY many willing to pay thousands of $$$, with a hope of learning!! I asked my tratles ... do you all think you could LEARN in days? Do you all believe that there are softwares that could give you consistent profittable trades? Will you all pay thousands of ringgit for those advertised trading courses and softwares?? THINK.
Haha .. that will be asked in my first class. Haha ... I will even tell them that they are bound to lose money in markets if they insisted to trade. I am serious ... and I am splashing cold-water to those coming to me, thinking they could learn TA? Haha ... I am laughing again ... and will repeat, markets DO NOT work that way la. It didnt know what you buy-sell. It doesnt care and it is too large for most of us. So, logically ... with 80-90% of them losing money in markets, WHAT makes you think you will be the minority? What?? The few days of trading course will make you trade better? Sure?
I do have 4 classes so far ... some dropped(phew ... thanks for dropping) as they wont be able to cope with markets, anyway. There are about 30 of them still with me in my tratles group. They are still learning under my 'daily' guidance and some of them wanting to know how I check on charts. Yeah ... they are still with me after 4-5 months as they are profitting well now, many following my trades and discussions. How to teach anyone to fish?
4.00 pm : Home early as I need a nap before another long night later ... HSI down 100 points
Stock-watch : I do still have many e-mail to reply. Could those interested ADD me in your facebook? It will be more direct, send me a message in my facebook and I could add u in as soon? I will reply those e-mail tonight or tmr ... thanks.
off to nap ...
TEH