Posted by CP TEH > 2012-07-17 18:51 | Report Abuse

Hi

Think about position sizing. Think about the logic of trading a stock. Think of the system or trading plan we done. Think of the logic sharing we have ... Yet, we do not gain millions, right?

Think again ... Will big players buying few k software system to trade? If there is a system, earnings millions ... Don't u think so we all should stop working, get all of us here together ... Our resources ... And profit millions?

Think logical ... That easy?

Think ... As it is very important in trading markets. Real trading needs real people, you and me to take the trade.

Are we not emotional lots? Think of herd mentality. Can u see that here? Can u feel greed in play as klci at new high?

Don't think of my blog la .. I m just a normal trader, still driving a proton. Haha.

Anyway, think.

TEH

Posted by victor168 > 2012-07-17 18:53 | Report Abuse

I agreed with you, bro Jonathan. I involve in market trading more than 10 years and What u say is true.

Posted by Ngai Chee Weng > 2012-07-17 19:34 | Report Abuse

IB has their own customized and more powerful software i believe.

Posted by Ngai Chee Weng > 2012-07-17 19:42 | Report Abuse

My wild guess is IB(aka sharks) are using highly customized Meta Stock. Maybe they have their own programmer to customize it.

Posted by KC Loh > 2012-07-17 21:03 | Report Abuse

well, i think we dont have to cut people down to "our" size if we are doubtful. As technology progress, its only natural that technology could evolutionary captured instantly what was once 1-2 days of work in research. That is the speed of thought capable as mentioned by Bill Gates. Deep(er) Blue defeated Garry Kasparov only after one year of tweaking its predecessor, when the world said its impossible. it could think out 200 million moves per second. i could go only maximum 5 thoughts per second including subconsciously.

Ooi offered you to check out his course, so do it before commenting further. if you did and still lose money, then somewhere along the line, the teacher or the student has to ask himself what went wrong. I certainly doubt its the software which is limited to parameters assigned.

i for one has not attended his course, nor even met Ooi. this is solely because i see it fundamentally. Its a different school of analysis altogether although i take some effort to learn from my peers in TA.

lastly, play the game, not the player!Dont make it personal!

Posted by talk2pkc > 2012-07-17 21:17 | Report Abuse

The system is being around and it is used in USA & UK too but not a high profile image , yet ! U hv to pay annual fee for the stock data and pay extra for more than basic data , just like buying a german car , u only get engine & body unlike if u buy jap car ! Sadly I am not in town otherwise I will attend Ooi's class & check it out further ........ I think it is important to under how is the system operate & manage , as one appreciate there r very sensitive data & personal details , etc etc !!! So far it appears there are no any "rubber stamp" by any reputable body or corporate and therefore , it this type of challenges , "security" is very important for me ....... enjoy yr class & hv fun

Posted by Namoyaki Takarajima > 2012-07-18 02:51 | Report Abuse

:) my goodness.

Posted by Maliki BAR > 2012-07-18 03:12 | Report Abuse

My opinion is that we can never learn enough, hence education, wherever its from... sifu/teacher/mentor... books.... experience... are all valuable and its up to us how we use it or some parts of it. Systems are there to assist you in your decision making, and it is still your decision making that determines profit... or loss. The system and education should help us in reducing loss and enhance our profit margin, hopefully. :D

Posted by Namoyaki Takarajima > 2012-07-18 04:03 | Report Abuse

why there must be a 'hopefully' at the end of everythng?

Posted by Ooi Teik Bee > 2012-07-18 04:28 |

Post removed.Why?

Posted by CP TEH > 2012-07-18 05:36 | Report Abuse

Dear Ooi,

Please reserve 3 seats for me and my two friends. We should be there before 6.30pm. If dinner not provided, we will have dinner nearby first and sorry if we might be slighly late as we are coming from Subang Jaya.

It will be interesting to know you.

Thanks again for inviting. I will not write anything about the preview, anyway.

See you

TEH

Posted by victor168 > 2012-07-18 08:13 | Report Abuse

hope mr ooi can arrange to organise this gathering in Penang very keen to attend to understand the system.

Posted by Ngai Chee Weng > 2012-07-18 08:47 | Report Abuse

Teh, how is your review to SharesXpert system?

Posted by Ooi Teik Bee > 2012-07-18 09:33 |

Post removed.Why?

Posted by CP TEH > 2012-07-18 10:10 | Report Abuse

Hi ooi

ok, will try to be early.

see you.

I m wearing green shirt this morning as today expected to be green.

TEH

Posted by Jonathan Keung > 2012-07-18 10:15 | Report Abuse

NYSE or overseas is more intune with program buying & selling. their market capitalisation is huge. the software will assist their traders to arbitrage(betting) between different markets.

look at baring bros, lehman bros. this are big investment banks but floundered because ill conceived hedging. the earthquake at Japan kills the nikkei and Baring bros together (throwing all programs out of the windows).

lehman bros died because of subprime underwriting in the US ( plus fed reserve refused to step in). this are things the program have never anticipated.

trade big can also lose big. look at LIBOR even HSBC are part of the groupings rigging the inter bank rates. maybe the movie WALLSTREET is not a fiction.

Posted by CP TEH > 2012-07-18 11:22 | Report Abuse

Dear KW Tan,

You should know I never want to disappoint others, certainly won't be you. Please understand that this is a PUBLIC space. It is NOT good to tell truth(nothing but the truth). I have attended so many previews and market talks, do you see me writing anything bad about others? You see, I m concern ... VERY concern that there are so many blinded by GREED. So, it is VERY easy to play on their emotions.

I will not write ... unless it is extremely beneficial and good. Unless I could understand how a system works, I should not comment. It is business, if you know what I mean.

All I could ask many here is to THINK. Yes, using BRAIN to THINK ... without logical brain, they will be running around searching for sure-win system(I should know ... I hv got to know hundreds, reaching thousands soon) ... these are people who could not understand market and THOUGHT there is some system they could EASILY rely on.

Look ... for sure, I wont mind getting one. I am spending hours in daily basis, listening ... researching and analysing. If a system could help me so much to reduce my works, WHY NOT?

PAUSE ... THINK(using brain ... critical thinking needed ... maturity in markets needed).

Do not blame others ... do not put the faults in systems. IT IS YOU ... yes YOU ... who triggered the buy-sell.

Anyway, I will still NOT writing anthing. It is for my personal knowledge. ALL of us SHOULD take responsibilities in our own learning. I am definitely taken a looong tedious way in my own learning and cutting short the learning curves of many by sharing with them my experiences.

I have no bad intention or what-so-ever, just trying to provoke THINKING ALLOWED.

Thanks

TEH

Posted by CP TEH > 2012-07-18 11:27 | Report Abuse

By : Jonathan Keung : NYSE or overseas is more intune with program buying & selling. their market capitalisation is huge. the software will assist their traders to arbitrage(betting) between different markets.

Hi Jonathan, nice one there ... I noticed that you are those few who understand markets. The differences of US and KLSE markets. The liquidity in trading HKSE and trading a boring KLSE. So, yes ... someone mentioned correctly too that the buy signals lag.

I like reading your comments, especially if one going into deeper with understanding of whole situations of financial-markets or instruments.

---shake hands ---

TEH

Posted by Namoyaki Takarajima > 2012-07-18 11:30 | Report Abuse

:)

Posted by Ngai Chee Weng > 2012-07-18 12:50 | Report Abuse

Teh, thanks for the advice.

Posted by Maliki BAR > 2012-07-18 14:58 | Report Abuse

*nods* the final decision is always up to us, individually.

Posted by sre292 > 2012-07-18 15:18 | Report Abuse

Dear Ooi Teik Bee, U do sounds like a desperate guy. If the system, sharesxpert, is so good, people will come to u la kuk. U dont have 2 beg people to attend ur talk.Safe trading folks,Cheers.

Posted by talk2pkc > 2012-07-18 15:37 | Report Abuse

Sre292, with respect Ooi is just doing his job and hv nothing to do with desperation ........ Agreed with TEH's by-pass comments use the brain to THINK n not just to DANCE !!!!

Posted by Ooi Teik Bee > 2012-07-18 15:54 |

Post removed.Why?

Posted by jtpc2006 > 2012-07-18 15:59 | Report Abuse

agree with CP and all like minded people here. The final decision is always up to us. To each his or her own, dear friends.

Posted by stncws > 2012-07-18 16:14 | Report Abuse

CP will start give signal blog instead og chart blog, then we just follow his blog, no need buy the system LOL

Posted by CP TEH > 2012-07-18 16:37 | Report Abuse

Written by Ooi : I just try to help people here, I am not interested whether you want to attend this course or not.

It is my interest on technical analysis.

Can you spend 10 hours a day to read charts ?

Ask yourself, do you want to make a lot of money from stock market ? Do you want to be rich ?

Can you be rich if you do not know how to invest ?

------------------------------------------------------
Reply : I am glad you do want to help people. I first get to know your post/comment as you posted in my Gamuda-wd. Seeing that you are remisier and thought you should have the knowledge, I was glad to ask you to help many here. I do hope you sincerely want to help others. What i do know ... those in my groups certainly could feel my sincerity. Are you sure you are not interested to pull more students to enrol in your trading courses or using the sharexpert system? Sure?

Yes, it is my interests in stock-markets ... and I am making it a daily journey!!

I do not spend 10hours a day reading charts ... emm ... about 2 hours at most. Normally less than half hour. That is because I have trained my eyes what to see, what NOT to see ... and using EXPERIENCES too.

I believe in hard-work ... and I am progressing very well(thank you). I used 4 hours per day to learn everything I needed(even not needed ... now only I realise la) to know about stock-markets and I believe I still have another 5 years or so to go ...

A lot of money in stock-markets? WHO goes to market to LOSE money? HOW they lose ... due to GREED. WHO created GREED in majority? Let them answer ... THINKING needed.

RICH? Is that a carrot? Teach me ... I may not looking to be rich, I am very rich now with many thank-yous. That is RICH for me. RICH in knowledge, RICH in values ... RICH in passion ... passion to TEACH ... passion to HELP ... desire to succeed further to HELP many others. I will be RICH if one day I could open a trading school to teach ALL for charity. That is RICH for me. Err ... what is RICH for some may not be RICH for others, get what I mean?

Wait ... I admit I am still learning ... and I am not financially rich. So, I want to learn from you, can I?

I believe that you gained millions from Gamuda-wd(you do need millions to earn that as from 0.77 to 1.50 ... not even 100% leh), driving a big car and staying in big house. Congrats ... you are good to be financially rich.

We know there are 80% losers here, ignorants and greedy ones ... who want easy way out(I want too, I admit). Will you help all of them?

Thanks, anyway.

TEH

Posted by aunloke > 2012-07-18 21:33 | Report Abuse

During high tide all ships float high ; at this moment most stocks move higher or attempt to do so and that makes most of the trading system software look good 'cos there will be more hits than flops. Best time to evaluate a system should be during sideway market. Try to consider this.

Posted by Namoyaki Takarajima > 2012-07-19 01:55 | Report Abuse

QUOTE: (Jonathan Keung) Jul 18, 2012 10:15 AM,
'trade big can also lose big. look at LIBOR even HSBC are part of the groupings rigging the inter bank rates. maybe the movie WALLSTREET is not a fiction'-JK.

Hear hear!

Gordon Gekko is back!

Gekko becomes rich in the 1970s through the buying and speculation of real estate, and soon turns his attention to corporate raiding.

It turns out, however, that much of his wealth comes from a heavy reliance on insider trading.

His tactics finally catch up with him in 1985 when his latest protégé, Bud Fox, is arrested for his role in their illegal trades and agrees to turn state's evidence against Gekko in return for a lighter sentence. With Fox's testimony, Gekko is convicted of insider trading but with Bretton James cooperation with the feds the SEC was able to convict Gekko of multiple securities violations.

He is sent to prison in 1990 for his crimes and is released in 2001, finding himself the only released ex-convict without anyone greeting him.

Gordon Gekko is a fictional character and the main antagonist of the 1987 film Wall Street and the antihero of the 2010 film Wall Street: Money Never Sleeps,[2] both directed by Oliver Stone. Gekko was portrayed by actor Michael Douglas, whose performance in the first film won him an Oscar for Best Actor.[3]

Co-written by Stone and screenwriter Stanley Weiser, Gekko is claimed to be based loosely on arbitrageur Ivan Boesky, who gave a speech on greed at the University of California, Berkeley in 1986, real-life activist shareholder and corporate raider Carl Icahn and also Stone's own father Louis Stone.

Gekko has become a symbol in popular culture for unrestrained greed (with the signature line, "Greed, for lack of a better word, is good"), often in fields outside corporate finance.

further ref: http://en.wikipedia.org/wiki/Gordon_Gekko