Published in September 16th, 2008
Well, the market didn’t quite do what I envisaged. I was looking for a one-timeframe in either direction; instead we had a rotational day until 1:00 PM EST. From that time onwards, a directional move down ensued. The cash S&P closed 1192.70 on very strong bear volume on Market Delta’s footprint charts.
In this blog, I’d […]
continue reading.....
Published in September 15th, 2008
I find it interesting that markets are so driven by fear nowadays. I am, of course, speaking of the response of Lehman Brothers applying for Chapter 11. Perhaps this will be the event that will cause the US Stock Market to break down below the congestion range low at 1200.
The 2% to 4% world-wide […]
continue reading.....
Published in September 12th, 2008
In these pages I have constantly stressed the benefits of preparation. In this series of blogs, I’ll be examining the nature of preparation and its ramifications.
Preparation begins long before a trade. It starts with identifying our:
Fundamental values - by fundamental I mean the values that make us the unique individuals we are. Our trading approach […]
continue reading.....
Published in September 11th, 2008
The Soybeans and Crude Oil have been behaving in text book fashion. Tonight’s blog will take the form of a video - see the link below.
http://www.tradingsuccess.com/download/9-15/9-15.html
In the video I did forget to show you the 13W Maximum Extension. I have attached it here.
Soybeans 13W
One point I want to stress to NOT users. In the event […]
continue reading.....
Published in September 10th, 2008
Your Daily Trading Mantra
Cross ref:
http://awanginvest.com/?p=737
September 10, 2008 – 10:36 pm Once more unto the breach - our mentor is winging his way somewhere again…
Since the September seminar is coming up this weekend at SMU, I shall touch on some of the essential habits of success which students would do well to condition themselves to […]
continue reading.....
Published in September 9th, 2008
A principle I adhere to my coaching is to attempt to fit a plan to a trader’s personality. It’s not as easy as it sounds but it’s nevertheless an important step. Once we have bedded down a degree of consistent execution, risk management, as well as the other habits of success (e.g. learning from mistakes […]
continue reading.....
Published in September 8th, 2008
When Paulson announced the possible intervention, he said it was unlikely that the bailout (read ‘nationalisation’) would be needed. At the time I thought: “Hmm, yeah sure! It’s a question of ‘when not if’.
Well, the ‘when’ has occurred and Wall Street has rallied in its night market.
I used the opportunity to take short positions in […]
continue reading.....
Published in September 5th, 2008
Sydney Trading & Investing Expo - Oct 24 & 25 08
September 5, 2008 – 9:32 am
Cross ref http://awanginvest.com/?p=712
The Sydney Trading & Investing Expo is confirmed at:
http://tradingandinvestingexpo.com.au/trading/sydney.htm
speaker_list__3608
Confirmed Seminar Speakers
As at 3 June 2008
Ramon Barros
Ray is a professional trader, fund manager, author and
educator. He is regularly featured in the media
including BBC (Asia) […]
continue reading.....
Published in September 5th, 2008
GUIDELINES to Trading Rules
Cross ref http://awanginvest.com/?p=709
Before I proceed, as you can see, I prefer to use my real name although short ie Ana aka IDkit in all my posts or comments in my own weblogs or others. After all in my own city, I am almost demi-public, and there is no point in […]
continue reading.....
Published in September 4th, 2008
STOPS!
Cross ref http://awanginvest.com/?p=706
IN the name of capital preservation.
I find many newbies are not too familiar with stops. I will just touch very briefly on stop loss orders.
STOP LOSS ORDER: An order placed with a broker to sell a security when it reaches a certain price. It is designed to limit an investor’s loss on a […]
continue reading.....
