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/
can't help u on this duit .. firstly it's a waste of time .. secondly it's not worth your time .. thirdly we all have no time :) why don't we just shout to the flagger STFU ??
Bro duit.....my analysis on the flagger who flagged u... He/she is a retard....dun know how to put forward his/her expressions so the next best thing to do is give u flags...
1) blue flag.....means i luv u 2) orange flag.....i am angry when u turn down my affections 3) red flag.....i dun want to talk to u anymore.... 4) I am ROFL .....wakakaka
alex ... it depends where the gap is down to !! say if it's down to major support (congested area or the good old 200EMA), then i won't cut cuz many a time, there will be reaction around these levels
so, even if it gaps down below my stop loss, but if the stock is still above major support zone, then i should give it sometime for a possibility to rebound?
in that case, i suppose you're using mental stop, not hard stop then.
nooooo alex .. must always have a stop loss no matter what !!! not just any stop loss but a meaningful one ... a lot of times, traders will say 3% or 5% or 10% of cap ... this is not meaningful at all cuz the market does not care how u work it out based on your total cap ... it has to be something like previous swing low (aggressive) or the 2nd swing low (conservative) etc cuz these are the pivots that market does care about .. also as part of risk management, not a bad idea to sell 1/2 once we get 1:1R and then move stop to breakeven to ride the other half ..
the gap down that u ask shud merely be either (1) bad QR (2) some kinda bad news reported by media ... (1) is easy to avoid - DO NOT TRADE WHEN QR IS GOING TO BE RELEASED (2) this is when we 6c6c how bad the selling is cuz quite likely it's just a blip
ic connie.... like this season, dow sudden drop 1700 point, now rebound a bit, i perceive it is a hard trading environment, seeing that we can only play one side of the game (long).
When the market is selling down, I actually close several of my trades prematurely. Then the market rebounded today.
the intra-day dow futures does look like it has achieved its 1st target based on the reverse H&S pattern ??? macd is crossing down on 1H .. let's see if 20EMA on 1H can support or not
alex .. if counters drop due to this, then u gotta check on the index support !! if index near major support, then u may want monitor first before cutting
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MQ Trader 791 views | 5 d ago
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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/