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/
very confident in Sunzen.. will buy mother and dipose all warrants when come back to average price.
Mother keep for two years at least. To transfer Mainboard one of the criteria is uninterrupted FY gain for 3 years... so must jeep for another 2 years.
Hope to invest long and harvest let say >200%.........
You don't like it I know... I will be more busier in 2018 so better invest long in 3 companies.
Posted by connie > Dec 14, 2017 04:38 PM | Report Abuse
just like your sunzen ... i will also wait patiently for a downtrend reversal ... as of now, nobody can guarantee that it won't go as low as 0.20 yes ??? how much are u willing to AD ??? there is a PROBABILITY (never a certainty) that price action may go this way yes ???
Ad missed N2N in life... will not Miss Sunzen again..... hope business don't change or owner kena tangkap jail like Supermax.... other than that will hold it
zen ... who can tell if x price is lowest or highest ?? if this can happen, then nobody needs to average down cost like crazy yes ?? or if this is possible, then there is no need to cut loss yes ?? earlier i mentioned price may retest 1.37 low based on hourly chart and so it did ... from here gotta monitor further price action (look at the hourly chart again ... perhaps 50EMA can support ... perhaps a level with clusters of candles can support) ... or it can also the directions i drew on the chart ie a head and shoulder pattern ... thing is who knows but mr market ??
notice u like momentum trades yes ?? so u MUST have all these in mind before u enter a trade based on momentum trading strategy :- 1) what are the conditions to enter a momentum trade (eg macd must show strong momentum .. price must be above 5EMA or 10EMA cuz this means very strong trend aka parabolic movement) 2) once entered, how shud i manage the trade (eg if price has moved 10% in my favour then i move up my stop loss or if price has moved 30% in my favour then i take 50% profit and so forth)
i just give u an example how i enter uptrend pullback swing trade based on buy low sell high :-
Conditions 1) EMAs must be sloping UP 2) 20EMA must be above 50EMA 3) price pulls back and touch 20EMA or lower 4) price closes above 50EMA 5) stochastic is oversold
Entry 1) Buy one bid above prior day high (ie the candle that touches 20EMA or lower but closes above 50EMA)
Stop loss 1) Cut one bid below prior day low
Thing is i NEVER know if the trade will go in my favour and so a PLAN is a MUST !!!!
duit .. there are so many ways too to trail profits ie when to take profit !!! yes, when it comes to counter-trend trade (ie downtrend rally) it is always good to take profit at support turned resistance level (or they call it the FLIP zone) ... or at 20EMA/50EMA resistance
if u are a RULE based person like me, then u gotta have step by step rules to follow just so u don't trade with emo ... and asking question like if x price is the lowest ... if y price is the highest etc etc
hehehehe duit ... it's just mind-boggling how one can enter this vicious bursa world without knowing what one is doing !! it's hard-earned money we are dealing with here yes ???
Never thought the only(last) friendly thread (Cc House) at i3 become so stringent and I realize newbies have barriers to approach seniors with stringent & professional level terms and question quality.
At the same time I do not like the healthy debate platform wrongly viewed as the "batter field" or "kingdom competition".
thanxx Sis Conn for all the input, will go through again and again. for easy reference ,i reproduce
zen ... who can tell if x price is lowest or highest ?? if this can happen, then nobody needs to average down cost like crazy yes ?? or if this is possible, then there is no need to cut loss yes ?? earlier i mentioned price may retest 1.37 low based on hourly chart and so it did ... from here gotta monitor further price action (look at the hourly chart again ... perhaps 50EMA can support ... perhaps a level with clusters of candles can support) ... or it can also the directions i drew on the chart ie a head and shoulder pattern ... thing is who knows but mr market ??
notice u like momentum trades yes ?? so u MUST have all these in mind before u enter a trade based on momentum trading strategy :- 1) what are the conditions to enter a momentum trade (eg macd must show strong momentum .. price must be above 5EMA or 10EMA cuz this means very strong trend aka parabolic movement) 2) once entered, how shud i manage the trade (eg if price has moved 10% in my favour then i move up my stop loss or if price has moved 30% in my favour then i take 50% profit and so forth)
i just give u an example how i enter uptrend pullback swing trade based on buy low sell high :-
Conditions 1) EMAs must be sloping UP 2) 20EMA must be above 50EMA 3) price pulls back and touch 20EMA or lower 4) price closes above 50EMA 5) stochastic is oversold
Entry 1) Buy one bid above prior day high (ie the candle that touches 20EMA or lower but closes above 50EMA)
Stop loss 1) Cut one bid below prior day low
Thing is i NEVER know if the trade will go in my favour and so a PLAN is a MUST !!
zenith... Human tend to make mistake.... but good quality human tends not to REPEAT mistake be it asking, begging, fighting, compromising, persuading, ticking, tickling, and lain lain -ing....
Good thing about discussion (should say the art of conversation)we let our voice/message receiver to alert us what is our weakness .....
see. so good rite? we can save time to do self appraisal but to receive and improve ourselves...
My key take home: Do not take things personal and emotionally but improve the matters effectively.
charts and technical can assit our buying /selling decision. there are so many variables that can inflence a particular stock counters. always do your homework and have an exit plan. just my personal view. happy trading
My mum also scold me... when and which is TRUE since last 2 hours talk... the owner of me also query me..... may be today belum makan ubat kut???? kekekekke
Happy lunching all.....
Posted by rchi > Dec 15, 2017 12:06 PM | Report Abuse
ya zen ,learn from connie,she is no nonsense teacher,unlike duit,you never know wat is true frm him...Lol
I less-like those Money Game operator design charts and technical to con my money.......
Posted by Jonathan Keung > Dec 15, 2017 12:11 PM | Report Abuse
charts and technical can assit our buying /selling decision. there are so many variables that can inflence a particular stock counters. always do your homework and have an exit plan. just my personal view. happy trading
rchi kor... ya la... sound like I talk to myself lastly...
too bad la.. 2017 I have only last 3 weeks in December to come i3... next year start busy again... give me special license to talk... jz 3 weeks only.. later no noise pollution again.....
can granted temporary permission???pls la
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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/