Posted by kc18 > 2015-05-25 15:59 | Report Abuse

They only know how to issue UMA when counter rise so much.When drop they are DUMB .

Posted by tsy88 > 2015-05-25 17:21 | Report Abuse

kc18 .. good afternoon. U are absolutely right, agree wholeheartedly with u. Why no UMA on severe drop on index for 3 consecutive days !!!!

Posted by ProfitMan > 2015-05-25 18:03 | Report Abuse

Hi Puspa. Thanks for dropping by.

Posted by ProfitMan > 2015-05-25 18:11 | Report Abuse

There has been a lot of selling pressures in the market over the past few trading sessions for various reasons. We can't emphasize enough to follow your trading plan. Once a stock has hit your stop loss, high chance that a crucial support has been broken and you will want to cut loss. Capital protection is important in such a bearish market. Cheers.

Posted by novice8 > 2015-05-25 18:46 | Report Abuse

tq profitman for the reminder!!

Posted by tsy88 > 2015-05-26 06:07 | Report Abuse

Good morning TCB/Dunknow

Do we see technical rebound as ... grossly oversold !!!

Have a great day ahead and happy trading !!











d

Posted by tsy88 > 2015-05-26 06:09 | Report Abuse

Profitman

Good morning. Thanks for your advice. Have to excercise caution. CASH IS KING now.

Posted by Dunknow > 2015-05-26 06:27 | Report Abuse

Good morning TCB,good morning Tsy
Happy trading with extra cautious ya

Posted by twobits > 2015-05-26 20:35 | Report Abuse

Profitman:

should publish this article at TCB blog. in the future ... kumpul kumpul can publish book to sell liao! : )



23/5/2015

Group Think Vs Trading Plan

I always want to write this article to tell my readers about the important of a Trading Plan and finally I got my son to help me to put it down on words.

This happens a lot in social circles and discussion boards. It comes from insecurity. You've seen it many times, someone comes into a conversation and they say things like, "I think this counter xyz going to move in a big way tomorrow, I heard it from Mr. ABC. You guys think it's a great opportunity right?". What seems to be an innocent and harmless "hearsay" stock tip is actually an individual seeking confirmation from his or her peers. That means that person, on a deep subconscious level, is actually not sure whether or not this is a good idea to trade in Counter XYZ. That person has no confidence in their own system or trading plan, or even worse - they have absolutely no plan to begin with. They want to hear people say to them, "Yeah! sure make money bro!", so that they can feel secure. Do not be like that person, as you have no reason to be.

You are armed with technical knowledge, and you have many opportunities to research a counter before going into a trade. Not even that is fool-proof, but a trader with a plan is bound to succeed more than an insecure group-thinking person. Why?

Simply because doing the hard work and analysis gives you a structure on how you will do your trading. After that you set your own trading plan, know your Entry Price ,Potential Rewards and Stop Loss level. You already have the three most important parts of information for when things go right, or when things go wrong. Meaning to say, you don't need to ask ANYBODY for confirmation on whether or not the trade is going to be a smart trade. This is because you know exactly when you want to go in, or when to pull out. If you stick with your trading strategy and plan, you need not worry about someone else's insecure statements like, "Aiyoo I think this counter going to go down further lah!".
I've seen big groups of people being dragged down by one outspoken, insecure trader - because they were not strong-willed or disciplined traders themselves. With that in mind, always remember to separate your emotions from your technical analysis. It's impossible not to feel any emotion, but try to be as objective as possible. Stay away from insecure people trying to take other people into their black hole of insecurity. Avoid group think, and contribute / help other traders on a basis of confidence and discipline.

Happy Trading,

Matrixcool

Posted by sasopi87 > 2015-05-26 21:15 | Report Abuse

1MDB: BNM CONFIRMS RECEIVING INFO FROM S'PORE COUNTERPART

Posted by ProfitMan > 2015-05-26 21:41 | Report Abuse

twobits, ...hahaha...thank you for the suggestion. No intention to compile it into a book to sell but we certainly have intention to post it somewhere for everyone to read. Thanks.

Posted by twoplus > 2015-05-26 22:39 | Report Abuse

profitman, lookin at this kind or bearish trend ,what should monitor for a buy signal?or at least stable foundation

Posted by tsy88 > 2015-05-27 07:25 | Report Abuse

Good morning TCB/dunknow

Have a wonderful Wednesday. Happy trading !!

Posted by Dunknow > 2015-05-27 07:43 | Report Abuse

Good morning TCB,
Good morning tsy

Already 4 days in red....baby bear is coming again?
hope it would be nice teddy bear ya...

Posted by newinvestor8 > 2015-05-27 09:14 | Report Abuse

Good Morning TCB,

Need your comment on mpay

Posted by newinvestor8 > 2015-05-27 14:56 | Report Abuse

it's good to collect now

Posted by tsy88 > 2015-05-28 06:12 | Report Abuse

Good morning TCB/Dunknow

Most stocks have bounced off their lows with some even going into unchartered territory. Technnical rebound on the way with Dow up 121.

Have a fruitful day with gains. Happy trading !!

Dunknow .. kikiki, u so cute!! Teddy bears !!!

Posted by Dunknow > 2015-05-28 07:30 | Report Abuse

Good morning TCB,
Good morning Tsy

Have a profitable trading today

Posted by Dunknow > 2015-05-28 07:31 | Report Abuse

tsy...wink wink X-)

Posted by novice8 > 2015-05-28 08:09 | Report Abuse

good morning tcb! dunknow! hope we would see a better sentiment later?.. :)

Posted by ProfitMan > 2015-05-28 18:44 | Report Abuse

twoplus, we usually look for reversal patterns and we monitor for the selling pressure of the stock to ease off. We also need to establish the trend of the stock. If it has turned bearish, we might want to monitor first. During these times, stock selection becomes important.

------------------------------------------------------------
Posted by twoplus > May 26, 2015 10:39 PM

profitman, lookin at this kind or bearish trend ,what should monitor for a buy signal?or at least stable foundation

Posted by tsy88 > 2015-05-29 06:01 | Report Abuse

Good morning TCB/dunknow

Have a great day ahead. Happy trading !!

Posted by Dunknow > 2015-05-29 07:19 | Report Abuse

Good morning TCB
Good evening Tsy

Happyyyyy weekend ahead...

Posted by ProfitMan > 2015-05-29 10:39 | Report Abuse

tsy, Dunknow and all, Good Morning

Posted by TechcodeBreaker > 2015-05-29 12:12 | Report Abuse

Dear All,

You can now also join and follow us on FB at the following group link:
https://www.facebook.com/groups/techcodebreaker/

Our presence here will continue as normal. Thank you.

Posted by Dunknow > 2015-05-29 21:51 | Report Abuse

Hi,Techno...noted...join the club oledi...
thanks

Posted by ProfitMan > 2015-05-29 23:45 | Report Abuse

Dunknow, thank you very much.

Posted by tsy88 > 2015-05-30 09:44 | Report Abuse

Good morningTCB/Dunknow

Have a fabulous weekend with loved ones and friends.

Posted by Dunknow > 2015-05-30 10:43 | Report Abuse

Good morning Profitaman...i wanna thank you because you thanks me,then i thanks you back because you thanks me....anyhow,many thanks ya TCB,great job

Posted by Adrian Tiong Meng Wei > 2015-05-30 10:43 | Report Abuse

Dear TCB,

Can advise the TA for EMICO? Many thanks!

Adrian

Posted by ProfitMan > 2015-05-30 10:50 | Report Abuse

tsy, Dunknow and all, Good morning and have a good weekend to charge up for the coming week.

Posted by ProfitMan > 2015-05-30 10:52 | Report Abuse

Dunknow, ....hahahaha...that is a good one. Anyway, have a good weekend. Lets hope there is a technical rebound on the klse next week. Cheers.

Posted by Annetan > 2015-05-30 10:57 | Report Abuse

Tcb,what's your reading of biohldg?

Posted by bombastic > 2015-05-30 12:36 | Report Abuse

Dear TCB,

I need your help on TA Reading for LCTH.

Hope to get your reply.

Thank you very much and have a nice day.

Posted by ProfitMan > 2015-05-30 14:09 | Report Abuse

Adrian Tiong Meng Wei,

EMICO:
Currently trading sideways between support of 0.20 and resistance of 0.23.
It has bottomed out at 0.17. It is unable to break the 0.23 successfully after a few attempts. Will likely remain range bound in the near term.

Posted by Adrian Tiong Meng Wei > 2015-05-31 00:22 | Report Abuse

thanks profitman!

Posted by tsy88 > 2015-05-31 10:04 | Report Abuse

Good morning TCB/Dunknow

Enjoy your Sunday .. be merry . . be happy !!

Posted by michaelwoo > 2015-05-31 15:00 | Report Abuse

Dear TCB. Need your TA reading on KSL. TQVM.

Posted by hanxiril > 2015-05-31 17:52 | Report Abuse

Hi TCB.

Tomorrow battle will start again. Please I really need your insight about this counter.

Krono is holding on to the last support in 100EMA, 0.310. Latest report is not so good, I need advice on both TA and FA.

Thank you for your time and effort. Very much appreciated any help given on this counter.

Posted by tsy88 > 2015-06-01 06:12 | Report Abuse

Good morning TCB/dunknow

Hope we see a strong technical rebound this week !!

Have a great day ahead. Happy trading !!

Posted by Dunknow > 2015-06-01 07:25 | Report Abuse

Good morning TCB,tsy

Let's hope so...
Happy trading

Posted by ProfitMan > 2015-06-01 09:59 | Report Abuse

tsy88, Dunknow aand all, Good Morning.

tsy, yeah, a technical rebound is due. Hopefully it happens soon. Cheers.

Posted by tsy88 > 2015-06-02 06:09 | Report Abuse

Good morningTCB/Dunknow

Index finally reboundeore on the way with Dow up.

Have a wonderful Tuesday. Happy trading !!

Profitman .. happening now, bravo !!

Posted by tsy88 > 2015-06-02 06:11 | Report Abuse

Index finally rebounded. More on the way.

Posted by Dunknow > 2015-06-02 07:25 | Report Abuse

Good morning TCB,Profitman,Maxtrix,Yoda
Good morning tsy

Posted by tsy88 > 2015-06-02 07:53 | Report Abuse

Hope for a meaningful technical rebound 
More and more to come this time around
 Index has already lost so much ground 
So many attractive stocks to be found
 And those that are fundamentally sound 
Surely will be heading northward bound 
Oh, which stock will be the jewel crown?

Posted by skyu > 2015-06-02 08:56 | Report Abuse

Morning to all Code Breaker contributors. any interesting technical breaking analysis recently ?

anyone can suggest on KNM?

Posted by matrixcool > 2015-06-02 10:54 | Report Abuse

Dear Readers,

As my Gmail sending limit is up so i cannot send emails today.
Instead, I will post my Daily Update here and on our FB page at:

https://www.facebook.com/groups/techcodebreaker/

Happy Trading

Posted by ProfitMan > 2015-06-02 16:24 | Report Abuse

tsy88, finally some sort of rebound yah. Thats a very very good poem ...hahaha.... Thx.

Posted by matrixcool > 2015-06-02 21:32 | Report Abuse

Not sure whether my email is sent.

Anyway, for my readers this is today daily Report:

3/6/2015

ABRIC(7061) hit my target of $0.60 which I have locked in all my profit.

CENTURY (7117)-- It broke out of its immediate Falling Resistance Line and hit a high of $0.935 before profit taking kick in and close at the breakout level of $0.91.(The Falling Resistance Line value decreases as time goes by). Any weakness offers buying opportunity, in the event $0.91 fails to hold stronger support is at $0.895/$0.885. A break above $0.935 will try my target of $0.955/$1.00/$1.05/$1.10. Stop Loss if $0.85 is violated

EVERGREEN (5101)—It breaks above $1.20 today and as long it can stay above $1.20 it is expected to test my target of $1.28/$1.30/$1.35. Stop Loss if $1.15 is violated.

HUPSENG(5024) — It is expected to break above $1.10 to try $1.13/$1.20. I have raised my Trailing Stop to $1.07 to protect my profit.

PENTA (7160) –It is expected to scale higher to test its immediate Falling Resistance Line at $0.715 because recent consolidation looks over. A break above $0.715 it should be moving toward its Strong Resistance at $0.745 and beyond.
For better understanding of this stock, please visit TCB—SIF or our FB at:
http://tcb-sifs.blogspot.com/
https://www.facebook.com/groups/techcodebreaker/
Please join our FB group as many articles from us will be posted there in the future.

COUNTERS THAT I AM COLLECTING:

KPSCB(9121) — It broke out from its 6 months consolidation on 29/5 with increased volume which is very Bullish. It is at stage 2 of the new cycle and the advancement of price is expected to be more aggressive in the future. A break above $0.50 it is expected to test $0.535/$0.555. Any weakness during consolidation towards immediate support of $0.465/$0.46 offer buying opportunity for future play. Stop Loss if $0.44 is violated.

WTK (4243) —I have started to collect WTK today and will keep collecting on any weakness.It is expected to test $1.10/$1.15 soon. Stop Loss if $0.99 is violated.


DISCLAIMER: The above information is NOT a recommendation to buy or sell stocks. They are only for sharing and educational purposes only. Any trade that you undertake as a result of the above information is solely at your own risk. Please consult your own investment advisor before undertaking any investment decisions.