So sorry for being busy & sincere apologies to all for the late mail. All mail send to the above friends & members, do read it please. Oh , yes, my forum will soon be closed to future members as if I have too many members & I and my brother moderators may find it difficult to manage it. So to those who wants to join, please follow the instruction in my mail & use your USER NAME as you use here.
Remember , my forum is going to be a closed forum & so please use your user name as you had use it here....many thanks.
Mr Chong, please add me .... dolly_koh@hotmail.com So sad to hear that you'll be not be posting here anymore. Wish to follow you and join you in your private forum.Thank you very much
All mail had been send to the above. No, I will still try to write here when time permits as sometimes I am really tired. Worry not my friends as I will still be around here but most of the time I will be at my forum.
Cheers to all & have a great & happy Sunday....enjoy the bright sunshine & your family get together.
Smartag financially is not doing well since after IPO in early 2011. However technically seem to be better after a bull divegence was confirmed at the end of APR this year. Since then a higher low was formed. Now sideway at higher price between 0.25 to 0.26. I will try my best to participate more if I got time. Will post again.
Mr Chong, good work! keep it up. Please share more in this blog. Your analysis so far doing well however timing to enter and exit is a concern to the newbies. We also need to add risk reward to their investment. Whether it is capital risk or investment risk, very important to protect the capital and profit. One should take care the capital more than the reward. Once the risk is taking care off, the reward will come. You can't expect to win every trade but try to minimize your losses and maximize your profit. Out of 10 trades I can afford to lose 7 times a little but only 3 trades are making big profit. Once you get in today, you should prepare to lose Max 10% of your investment if the trend againts you. Once you lose >10%, it is better for you to get out 1st. Take for example, Cybert was limit down on 12/7 but you can choose to exit 1st when losses >10% on 12/7. After 7 trading days, Cybert share's price downed from 1.94 to only 0.32 cents. See how serious it is. That's why risk management is much more important in your trading plan. Those already have profit also need to execute the same methodology to protect their profit.
From my opinion, every people in this forum will need to learn timing to enter and exit by themselves. Bro chong cannnot spoonfeed all, what he has done by giving guidelines and tips in counters were a blessing already.
I am new here. I saw alot of members here like bro Chong in this forum. I think he must be doing a good job. Chong, Keep it up and share more of your opinions in this forum. A little about myself. I am a technical analyst and have been trading >25 years in local market as well as oversea. I also used to trade local futures such as FKLI and FCPO. However I belive both, fundamental and technical. Fundamental uses to pick the right stocks to buy and technical is uses to pick the right timing to enter or exit. Having both fundamental and technical analysis, I can assure your risk is much more lower than just listen to tips or newspaper. The stock price up or down only have 2 reasons, it either driven by fundamental changed or driven by smart money. Stocks that driven by smart money are higher risk especially the pennies. It can be a real insider news or a fault one. By the time the news got into your ears, the cycle is almost ending. In another word, it is under distribution phase; smart money started to unload theirs shares to the retailers. That's what the retailers always late and got stuck forever. However technical analyst always got in much earlier and take profit during the distribution phase.
1 more month to go before Smartag RFID is made mandatory for all containers passing through Royal Customs checkpoint...money coming in at $10 to $18 for each container, so let's wait patiently...cheers.
Brother Chong please add me too = vision2466@gmail.com Brother Namoyaki, I think it is due to Bonescythe.blogspot.com recommendation. Reasd it if you are interested.
Hi Andy! i m waiting passionately for brother chong's statements. Vol. increase to 2.3M. Stochastic change position from BEAR to 1st Deg. of BULL position. ADX reflect! Pending brother chong's correlation to this on market sentiment statements.
Brother Namoyaki Takarajima , almost everyone knows that Smartag will be collecting between $10 to $18 per container when it passes through the Customs checkpoint. Staring 1st September 2001, the collection started & money will be rolling in for Smarag & we are very near to that date...so to some people they might want to buy early in anticipation of Smartag earning potential...that's why I feel that they buy now than to wait for the rush later on....cheers.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ctfong
1 posts
Posted by ctfong > 2012-07-20 14:42 | Report Abuse
Bro Chong, please add me to your email cblogcari@gmail.com
Thank You.