USDCHF (Long) – closed on 19 Feb 10

20 February 2010

I didn’t expect to see an opportunity to trade when I woke up. There was an entry signal for using the PIPS Swing method – enter after a full candlestick formed above the Pips Weekly Pivot with GRBB short and thick green bars and Hull Moving Average aqua in color. Without much hesitation, I grabbed the [...]

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Illusion of Winning

16 February 2010

I have a fear.
It is more frightening than not having enough money.
Yet it is unknown and undeterminable. I do not know if it is lurking and waiting somewhere in the future and eventually haunt me one day.
I have a fear – the possibiliy of having a black swan that kills me in the end.
More about the black swan [...]

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USDCHF (Long) – closed on 16 Feb 10

16 February 2010

Entry:

Entry criteria:
1) Default MACD negative
2) Long MACD positive
3) Stochastic crossover upwards
I spotted additional signals that indicated a higher probability of the pair going higher. One indication was that the Dollar Index was rising. Second, there were 3 occurrences of trendline bounce, suggesting a steady uptrend. Third, volatility reduced and price has broken out of a [...]

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The Risk of Focusing Investment in One Country

12 February 2010

Globalisation is an overused word. People have been using the word but not sure how it actually affects them in the real world. I would say our mindset is still very country centric and one good example is investment. How many of us actually have investments well diversified all around the world? I believe most [...]

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Dongfeng Motors (long) – closed on 9 Feb 10

10 February 2010

The market is in a retracement but I just want to try my luck to catch any early upturn. The problem is this, I have an impulse to trade which I am trying to curb. I fear more in missing a run than taking a loss which fuel my urge to trade even when market [...]

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The story of 2 monks and the power of letting go

8 February 2010

I believed you have heard of many versions of the story about 2 monks. No? Let me refresh your memory, and explain to you how it is applicable to trading.
There were two Buddhist monks walking along the bank of a river, making their way to back to the temple.
As they were walking, they came across [...]

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Housing Loans for Investing vs Home Purchase, any difference?

5 February 2010

This is a guest post from Dennis Ng, the founder of www.HousingLoanSG.com, who helps consumers to get the Best deal in Housing Loans in Singapore and he is a volunteer speaker for MAS’s moneysense program.
On 2 Feb 2010, I was invited by MAS to speak on News Radio 93.8 FM for its Moneysense program (National [...]

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Trading Report Card – Jan 10

3 February 2010

Stocks

Counter

Date In

Date Out

Action

No. of Shares

Price In

Price Out

Profit/Loss

IndoAgri
23/11/09
 15/1/10
Long
1,000
S$1.850
 S$2.350
 S$500

Ho Bee
16/12/09
 13/1/10
Long
3,000
S$1.581
 S$1.810
 S$647.46

Straits Asia
16/12/09
 8/1/10
Long
2,000
S$2.350
 S$2.560
 S$381.68

OCBC
17/12/09
 7/1/10
Long
1,000
S$8.710
 S$8.99
 S$238.69

UOL
23/12/09
 11/1/10
Long
1,000
S$3.970
 S$4.010
 S$5.32

Genting
28/12/09
 22/1/10
Long
4,000
S$1.210
 S$1.20
-S$78.82 

IndoAgri
29/12/09
 15/1/10
Long
1,000
S$2.180
 S$2.350
 S$170

Suntec REIT
7/1/10
 22/1/10
Long
3,000
S$1.39
S$1.33 
 -S$214.68

Anhui Tianda Oil Pipe
11/1/10
18/1/10
Long
6,000
HK$4.26
HK$3.96
-S$391.51

Venture
15/1/10
22/1/10
Long
1,000
S$9.32
S$9.05
-S$304.45

 Zhuguang Holdings
 26/1/10
 27/1/10
Long
 8,000
 HK$2.17
 HK$1.97
-S$354.35

Total

 S$599.34

My trading goal that I set for this year is to make an average of S$2,000 every month. Please do note that trading income is never consistent, and it can vary greatly month to month. Although I use the word “average”, it may [...]

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Applying Sun Tzu’s Art of War to Trading

1 February 2010

Sun Tzu’s Art of War is a classic piece of work that is widely read and applied to many fields, due to it’s fundamental nature that is highly adaptable to many areas of our lives. In this post, I extracted parts of the work and applied to trading and in doing so, hope to introduce the [...]

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Who will be Warren Buffett’s successor?

30 January 2010

No matter how immortal his investment results, he is still a mortal. Our dear Warren Buffett is scouting for a successor to takeover the helm of Berkshire Hathaway. Watch the video made by Bloomberg to listen to what others (including his closest pal, Bill Gates) have to say about the Sage of Omaha.

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