Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
sayang...another thing want to congrads you...u have a superb brilliant filial son,Ah Lui...really dunknow how he spot those counter...connect is oso one of his handout!Clapppppppppp!
Good morning. Another superb performance by Wei who went all the wayyyy !! Cant sit still, on tenterhooks, kikiki. But sad to he does qualify for the Dubai yr end championship even if he clinches Hk open title !!
TRADING SEED OF CONTEMPLATION --------------------------------------------------------
(5) Patience in Trading
Old saying, "Patience is a virtue." Do you think this apply to trading? Yes, definitely.
Why??
The reason why patience is such a crucial part of being a consistently profitable trader is mainly because patience increases your accuracy, or your “strike rate”. As you become more accurate in your trades, you obviously will have fewer losers and more winners.
In fact, you can greatly improve your chances of success simply by having the discipline and patience to wait for the right opportunity. Never worry about missing the boat and accept that waiting on the sidelines is a vital part of the game. Set targets for profits and losses and preferably the trade should offer a favorable risk/reward ratio.
When you hit winning trades as a result of being patient and waiting for that picture perfect setup to come along and then executing it without hesitation, you essentially reinforce one of the best trading habits anyone can learn, which is of course patience. Trading success depends entirely on the concept of reinforcing good habits and eliminating bad trading habits, unfortunately most traders do the exact opposite, which is why most of them fail.
Remember -- knowledge is important, but patience and discipline are more important and tend to be harder to come by. Even if your system requires you to trade short-term you shouldn't be jumping in all the time believing that every move has to be traded because there's money to be made on every trade.
Good morning. Dow up 91. Dow we see an uptick in our index ?? Hope so !! But as usual there will be a lot of speculative n rotational play in small caps !!
Good morning. Wah, really fascinated by yr Duitology n Psyhologital live analysis. Nothing beats it. SUPERB N MILLION LIKES. SALUTE !! Hope Jcy continues to shine today !!
Good morning. Qtr coming coming coming !! Hope to get stellar result n off it flies up to the sky. Coincidentally C=big brother Canone also out same time. Hope b other charges up !!
tsy88... yea dlcw win again, next macau genie thx for your vote of confidence rugby still going through the phases evergreen am watching for dips, connect too jadi last week someone ask to buy but i just watch only @@ happy fruity trading !
good morning tsy .. tecguan may retest support at 1.62 which if fails to hold, she may dip to the next level at 1.58 ! immediate resistance at 1.77 ... QR around mid dec; perhaps will consol till then ???
Posted by connie > Nov 19, 2015 08:01 AM | Report Abuse tsy .. tecguan is a bit tricky !!! from 0.07 to 1.86, it looks like the big WAVE has completed the 5 waves seq ... unless it's extended with current support at 1.62 ... if the wave is not extended, then beware of corrective wave in progress and u may want to trail your profits accordingly ! the pivot is 1.70 .. meaning shud she manage to stay above this level, she wud test R1 1.78 R2 1.83 R3 1.96 .. good luck :)
jke....set your own trading plan....basically like this...usually within today n tomoro will be a lot profit taking soon...and thu how it gonna weighted the counter is depend on the selling force power...
set your TP/Trading plan....reduce risk....or increase profit return is self judge ya
jake myeg is good to hit and run...lately before report out....now enter need hold....but if u want morning morning hit and run is 1-2 bid confirm gain on it warrant CK
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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....
Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/