Learning Corner : Last minute selldown

This is what I do in daiy basis ... checking on the last minute buyings or sellings. This is just to illustrate to newbies or novices who NEED to learn such the last-miute surging or diving. Yes, this is boleh-land's bourse. So, do remember that the candle-sticks formed could be FALSE. This is what I shown to my tratles during our discussion. What indicators are you talking about in trading? It is MORE than just knowing the fundamentals, the news related ... the market pulses and sentiments ... certainly greater than those who use indicators.

So, do use those indicators sparingly ... it fails MANY of times. It is certainly higher of chances to fail if you are trading those speculative stocks using technical analysis.



note : Audio not working. Haha

BJToto : Closed at RM4.17 .... with 1, 478,900 units sold, valued at RM6.17m.

Bursa : Closed at RM4.91 ... with 19,244,600 units sold, valued at RM94.5m.

Another reason why we need to check the buy-sell intraday trades BEFORE we check those charts.

Hope this simple post could help some newbies about WHY I will not trust fully those technical indicators!! We need knowledge, experience ... and lots of common sense. If drawing those multiple lines with 10 indicators could help a person to trade well, go ahead. But for novices ... don't bother to learn more indicators. KEEP you trades SIMPLE. Don't let those indicator-promoters distract you from learning.

TEH