24 November 2007
Live Trading Records for 12 Nov 07, Mon
Starhub sold 3.06, +/-0.0%, to reduce exposure
Live Trading Records for 13 Nov 07, Tue
no trading.
STI
dropped below long term support level 3460, low 3433 so far today.
STI overshot by 9.4% in Aug 07 and 4.7% in Jun 06 after dropping below long term supports.
let's see how much it can overshoot this time.
(3460-x)/3460=4.7% to 9.4%
x=3297 to 3134
thus potential target for STI is 3297 to 3134
Live Trading Records for 14 Nov 07, Wed
China Hongx bot 1.25 on match
STX bot 3.68
Gent shorted .675
Live Trading Records for 15 Nov 07, Thu
no trading.
P1 orientation
Live Trading Records for 16 Nov 07, Fri
Berlian sold .305, stop triggered, -15.3%
Live Trading Records for 19 Nov 07, Mon
Allgreen bot 1.50
STX sold 3.54, -3.8%, short term chart becoming bearish again
Live Trading Records for 20 Nov 07, Tue
Allgreen sold 1.42, -5.3%
Panhong shorted .90
Live Trading Records for 21 Nov 07, Wed
Pan Hong short covered at .90, +/-0.0%, correcting trading mistake, short to long term trends are still bullish, risky to short
Live Trading Records for 22 Nov 07, Thu
China Fish test bot 1.43, bargain hunting, eps 0.18, PE 7.9, ACGR 120%!!! net profit from 2003 to 2007 US$ 4m, 17m, 30m, 49m, 93m
Live Trading Records for 23 Nov 07, Fri
no trading.
Starhub sold 3.06, +/-0.0%, to reduce exposure
Live Trading Records for 13 Nov 07, Tue
no trading.
STI
dropped below long term support level 3460, low 3433 so far today.
STI overshot by 9.4% in Aug 07 and 4.7% in Jun 06 after dropping below long term supports.
let's see how much it can overshoot this time.
(3460-x)/3460=4.7% to 9.4%
x=3297 to 3134
thus potential target for STI is 3297 to 3134
Live Trading Records for 14 Nov 07, Wed
China Hongx bot 1.25 on match
STX bot 3.68
Gent shorted .675
Live Trading Records for 15 Nov 07, Thu
no trading.
P1 orientation
Live Trading Records for 16 Nov 07, Fri
Berlian sold .305, stop triggered, -15.3%
Live Trading Records for 19 Nov 07, Mon
Allgreen bot 1.50
STX sold 3.54, -3.8%, short term chart becoming bearish again
Live Trading Records for 20 Nov 07, Tue
Allgreen sold 1.42, -5.3%
Panhong shorted .90
Live Trading Records for 21 Nov 07, Wed
Pan Hong short covered at .90, +/-0.0%, correcting trading mistake, short to long term trends are still bullish, risky to short
Live Trading Records for 22 Nov 07, Thu
China Fish test bot 1.43, bargain hunting, eps 0.18, PE 7.9, ACGR 120%!!! net profit from 2003 to 2007 US$ 4m, 17m, 30m, 49m, 93m
Live Trading Records for 23 Nov 07, Fri
no trading.
Labels: Live Trading Records
10 November 2007
Live Trading Records for 09 Nov 07, Fri
Starhub bot 3.06 on match, low 3.02 so far today
Yanlord sold 3.74 on match, -3.6%, to reduce exposure
Starhub bot 3.06 on match, low 3.02 so far today
Yanlord sold 3.74 on match, -3.6%, to reduce exposure
Labels: Live Trading Records
09 November 2007
Live Trading Records for 29 Oct 07, Mon
China Kangda bot .535 / .54 / .545, min tg .585, next tg .66
Asia Env bot .72 / .725, min tg .765
China XLX added 1.32 / 1.31, min tg 1.46
AFP bot .895, tg to decide (min .95)
Swissco bot 1.32 partially filled, tg to decide
Live Trading Records for 30 Oct 07, Tue
Yanlord bot 3.88, min tg 4.26, mandatory stop loss 3.66 (revised)
Yongnam bot .41, min tg .44, mandatory stop loss .375
Fujian bot .71 / .715 / .705 / .70, tg .84, mandatory stop loss .655
F&N bot 5.90, min tg 6.30, mandatory stop loss 5.80 (revised)
ChinAElec bot .72, min tg .835, stop .715 (revised)
Live Trading Records for 31 Oct 07, Wed
Star Hub bot 3.10, tg 3.20, stop 2.99
ChinaAElec added .76, min tg .835, stop .715 (revised)
HL Asia bot 3.78 / 3.80, min tg 4.22, stop 3.58
Live Trading Records for 01 Nov 07, Thu
Lian Beng bot .675 on match, min tg .76, stop .67
Jiutian bot .645 / .64, min tg .70, stop .595 (revised)
Berlian bot .36, min tg .385, stop .33
KepCorp bot 14.8, min tg 15.50, stop 14.3
ChinaAElec aka China Transcom sold .79, +7.3% , min TA tg .835 almost hit, high .83 so far today, suddenly found that its fundamentals are so poor, company name changed a few times, what are they trying to hide? I'm scared
Singtel bot 4.02, tg 4.20, stop 3.94
Live Trading Records for 02 Nov 07, Fri
China Yuanbang sold .395, -5.5% stop triggered
HL Asia sold 3.56, -6.3% stop triggered
Lian Beng sold .70, +3.7%, sold due to fear of loss of existing paper profit - a bad trade! predetermined rule not followed strictly since stop .67 not triggered yet, it is better to follow stop loss rule even if for profit taking in order to maximise profit potential
China XLX sold 1.21, -3.7% stop triggered
AdvSCT sold 1.14, +2.7% stop triggered
China Milk sold 1.23, -6.1% stop triggered
Yongnam sold .385, -6.1% stop triggered
AsiaEnv sold .705, -2.6% stop triggered
My teachings
avoid if intermediate and long term trends are down - I can do that automatically.
success rate of buying a stock is low if short term trend is not clearly up despite intermediate to long term trends are up.
examples
Asia Env - short term trend mixed, leading to a false breakout?
China Milk - down trending, leading to a false breakout?
HL Aisa - mixed, leading to a false breakout?
KepCorp - mixed, leading to a false breakout?
SingTel - mixed, leading to a false breakout?
Yongnam - downtrending, leading to a false breakout?
China XLX - mixed
Fujian - downtrending, leading to a false breakout?
Jiutian - downtrending, leading to a false breakout?
...
if short, intermediate and long term trends are up, plus MACD bullish, risk is limited.
examples,
AdvSCT
Starhub
LianBeng
Pan Hong
Tat Hong (not now)
...
Conclusion
consider to buy an individual counter only after short, intermediate and long term trends are up, MACD is bullish.
Live Trading Records for 05 Nov 07, Mon
Starhub sold 3.16, +1.9%, planned to sell 3.20, high 3.18
Noble sold 2.21, -4.7%, dropped below cost from profit position
KepCorp sold 14.30, -3.4%, stop triggered
Jiutian sold .595, -7.4% , stop triggered
Swissco sold 1.28, -3.8%, stop triggered
Chinakangda sold .49, -9.6% , stop triggered
SingTel stop triggered not sold yet
Live Trading Records for 06 Nov 07, Tue
F&N sold 6.00, +1.7%, to reduce exposure
AFP sold .89, -0.6%, to reduce exposure
Live Trading Records for 07 Nov 07, Wed
SingTel sold 4.00, -0.5%, stop triggered
China Kangda bot .535 / .54 / .545, min tg .585, next tg .66
Asia Env bot .72 / .725, min tg .765
China XLX added 1.32 / 1.31, min tg 1.46
AFP bot .895, tg to decide (min .95)
Swissco bot 1.32 partially filled, tg to decide
Live Trading Records for 30 Oct 07, Tue
Yanlord bot 3.88, min tg 4.26, mandatory stop loss 3.66 (revised)
Yongnam bot .41, min tg .44, mandatory stop loss .375
Fujian bot .71 / .715 / .705 / .70, tg .84, mandatory stop loss .655
F&N bot 5.90, min tg 6.30, mandatory stop loss 5.80 (revised)
ChinAElec bot .72, min tg .835, stop .715 (revised)
Live Trading Records for 31 Oct 07, Wed
Star Hub bot 3.10, tg 3.20, stop 2.99
ChinaAElec added .76, min tg .835, stop .715 (revised)
HL Asia bot 3.78 / 3.80, min tg 4.22, stop 3.58
Live Trading Records for 01 Nov 07, Thu
Lian Beng bot .675 on match, min tg .76, stop .67
Jiutian bot .645 / .64, min tg .70, stop .595 (revised)
Berlian bot .36, min tg .385, stop .33
KepCorp bot 14.8, min tg 15.50, stop 14.3
ChinaAElec aka China Transcom sold .79, +7.3% , min TA tg .835 almost hit, high .83 so far today, suddenly found that its fundamentals are so poor, company name changed a few times, what are they trying to hide? I'm scared
Singtel bot 4.02, tg 4.20, stop 3.94
Live Trading Records for 02 Nov 07, Fri
China Yuanbang sold .395, -5.5% stop triggered
HL Asia sold 3.56, -6.3% stop triggered
Lian Beng sold .70, +3.7%, sold due to fear of loss of existing paper profit - a bad trade! predetermined rule not followed strictly since stop .67 not triggered yet, it is better to follow stop loss rule even if for profit taking in order to maximise profit potential
China XLX sold 1.21, -3.7% stop triggered
AdvSCT sold 1.14, +2.7% stop triggered
China Milk sold 1.23, -6.1% stop triggered
Yongnam sold .385, -6.1% stop triggered
AsiaEnv sold .705, -2.6% stop triggered
My teachings
avoid if intermediate and long term trends are down - I can do that automatically.
success rate of buying a stock is low if short term trend is not clearly up despite intermediate to long term trends are up.
examples
Asia Env - short term trend mixed, leading to a false breakout?
China Milk - down trending, leading to a false breakout?
HL Aisa - mixed, leading to a false breakout?
KepCorp - mixed, leading to a false breakout?
SingTel - mixed, leading to a false breakout?
Yongnam - downtrending, leading to a false breakout?
China XLX - mixed
Fujian - downtrending, leading to a false breakout?
Jiutian - downtrending, leading to a false breakout?
...
if short, intermediate and long term trends are up, plus MACD bullish, risk is limited.
examples,
AdvSCT
Starhub
LianBeng
Pan Hong
Tat Hong (not now)
...
Conclusion
consider to buy an individual counter only after short, intermediate and long term trends are up, MACD is bullish.
Live Trading Records for 05 Nov 07, Mon
Starhub sold 3.16, +1.9%, planned to sell 3.20, high 3.18
Noble sold 2.21, -4.7%, dropped below cost from profit position
KepCorp sold 14.30, -3.4%, stop triggered
Jiutian sold .595, -7.4% , stop triggered
Swissco sold 1.28, -3.8%, stop triggered
Chinakangda sold .49, -9.6% , stop triggered
SingTel stop triggered not sold yet
Live Trading Records for 06 Nov 07, Tue
F&N sold 6.00, +1.7%, to reduce exposure
AFP sold .89, -0.6%, to reduce exposure
Live Trading Records for 07 Nov 07, Wed
SingTel sold 4.00, -0.5%, stop triggered
Labels: Live Trading Records
Reflection - 08 Nov 07, Thu
Public holiday.
beaver2 wrote:
If 7X7 can be right 70% of the time, then i wont be losing so much money in some of the other counters
If he is choon, then maybe can start buying lots of puts and fully utilize CFD.
I'm still learning / improving my TA skills in long and short. hope I can hit 50% right rate from now on - still far far away from your 70% mentioned above.
I just completed fine-tuning my trading system and back testing and found that I should not have bought so many counters since 17 Aug 2007 (low of recent huge correction). as a matter of fact, only 8 counters were buyable if the stringent conditions set in the enhanced trading system had been satisfied, and the benefit is that the success rate can be dramatically improved to almost 100%! - incredible!!!
I made up my mind that I must use this system for both long and short from now on.
I'm confident that this improved / enhanced trading system will and can make lots of money in the future.
watch further!
the 8 counters are
Challenger,
Ecowise,
Jade,
Jaya,
SPC,
STX,
Cosco,
SembMar.
all are profitable, only Jaya and Jade performed poor but still profitable.
this could be great news for many including myself I believe - I'm so excited about this great finding!
the importance of the new trading system that I have been developing and using for more than 5 years and improving on daily basis is that the 8 counters were derived from the new trading system from around 200 counters in my watch lists. the new finding is not "new" at all. I know that. the problem with me is that I'm reluctant to give up those "opportunities" not strictly meeting the stringent conditions set in the trading system such as that short intermediate and long term trends must all up for longing, all down for shorting.
from now on I must learn to give up - give up those seemingly opportunities but traps.
Public holiday.
beaver2 wrote:
If 7X7 can be right 70% of the time, then i wont be losing so much money in some of the other counters
If he is choon, then maybe can start buying lots of puts and fully utilize CFD.
I'm still learning / improving my TA skills in long and short. hope I can hit 50% right rate from now on - still far far away from your 70% mentioned above.
I just completed fine-tuning my trading system and back testing and found that I should not have bought so many counters since 17 Aug 2007 (low of recent huge correction). as a matter of fact, only 8 counters were buyable if the stringent conditions set in the enhanced trading system had been satisfied, and the benefit is that the success rate can be dramatically improved to almost 100%! - incredible!!!
I made up my mind that I must use this system for both long and short from now on.
I'm confident that this improved / enhanced trading system will and can make lots of money in the future.
watch further!
the 8 counters are
Challenger,
Ecowise,
Jade,
Jaya,
SPC,
STX,
Cosco,
SembMar.
all are profitable, only Jaya and Jade performed poor but still profitable.
this could be great news for many including myself I believe - I'm so excited about this great finding!
the importance of the new trading system that I have been developing and using for more than 5 years and improving on daily basis is that the 8 counters were derived from the new trading system from around 200 counters in my watch lists. the new finding is not "new" at all. I know that. the problem with me is that I'm reluctant to give up those "opportunities" not strictly meeting the stringent conditions set in the trading system such as that short intermediate and long term trends must all up for longing, all down for shorting.
from now on I must learn to give up - give up those seemingly opportunities but traps.
Labels: Stock Trading System
