| Latest Forum Topics / Trading Techniques |
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Trading For A Living
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wavehunter
Supreme |
12-Jul-2021 12:02
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Bro Panda, Ya, I know you have coz we both talked about this book before. Yours is for those who want to use TA to SHORT.................red red one. Mine is for LONG ............. green green one.  ![]() . ![]()
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fatpanda
Supreme |
12-Jul-2021 11:59
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Bro Wave, This TA book? Panda also have..... Hehehe.... ![]()   |
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wavehunter
Supreme |
12-Jul-2021 11:40
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
I also bought a book called Technical Analysis Explained by Martin Pring which I have been keeping around for 10 yrs or more but dunno whether I have read 10 pages of it or not. Mine is 3rd Edition. By today dunno izzit already 5th or 6th or 7th Edition. Bro Panda also have one so he will know what' s the latest. When I am sibeh free and sibeh bored then maybe I will pick it up to read again. Why I am in no hurry to read that book ar ? Coz I have read articles and watched many videos on TA over the years and they all more or less say the same things. I dont expect to read anything new in Martin Pring' s book. One big reason why I did not dive into that book to memorize every word is becoz after so many years in the market, we have come to learn that TA is not the holy grail to trading. TA works only when a sufficient number of traders happen to look at the same market and also happen to use the same timeframe to trade that market. Then maybe...just maybe, that market will move " just like TA has predicted" . And those who happened to look at that market all eyes big big and mouth big big and exclaim - " TA really works!!!" But the truth, the whole truth and nothing but the truth is that TA works only when enough traders look at the same market, use the same timeframe to trade it and rely on the same indicators for BUY or SELL signal and lastly, actually act on those signals and hit the button. Then it works. In other words, TA is a self-fulfilling prophesy. It is like I started a rumour. The rumour gathers strength and starts to spread around in all directions. Unknown to me, the rumour spread far and wide. And then not long after, just by chance when I was sitting in a foodcourt, I heard a group of middle-age guys who spoke good English talking about what is in the rumour. And becoz I heard this same rumour from total strangers, I become convinced that the rumour is true. But unknown to me, if we do a tracing back of where these guys heard the rumour from, it will trace a very long way right back to me becoz I was the one who started this rumour based on a gutfeel or hunch. And the truth is there is no truth in the rumour. It is just gibberish talk based on a hunch bred from boredom. But rumour it may be, if it spreads far and wide and gathers enough momentum and come back to the source a full circle, it will feel like the truth. Including for the person who started it. TA is like that too. If everyone is looking at the 200-ema for a possible bounce and hits the button the moment the stock dips to that level, that stock will bounce for sure and bounce very strongly which will in turn spur even more traders to hit the button repeatedly and furiously due to FOMO. And then everyone who were looking at their LIVE chart will go..................." Wowwwwwwwwwwww !!!"      
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TikTalk
Supreme |
12-Jul-2021 11:37
Yells: "Anyone miss me?" |
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x 0
x 0 Alert Admin |
Haha bro, ya think many market participants aim to be able to do that and quit their routine job, be own boss, own time own target, best business in the world, just need a desk and a computer, 1 overhead only, pay some subscription bills, take some relevant courses and thats it, open for business 24 hours also can or 0 hour can suka suka one.
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Maxgrow68
Elite |
12-Jul-2021 11:29
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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x 0
x 0 Alert Admin |
Bro TT, did you apply for patent and trademark huh? Hehe...you certainly know how to choose a good name for your thread here....
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TikTalk
Supreme |
12-Jul-2021 11:19
Yells: "Anyone miss me?" |
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x 0
x 0 Alert Admin |
Wa say, both Bro Max and Panda also have this book ar....my thread title name after this book..
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Maxgrow68
Elite |
12-Jul-2021 11:08
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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x 0
x 0 Alert Admin |
Too busy working hard! It was during those times when local banking industry consolidating under the  ' implied order' of the MAS....haha.....
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fatpanda
Supreme |
12-Jul-2021 11:04
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Bro, This book is not cheap. Not finish reading the whole book? Heart not pain? Hehehe.....
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Maxgrow68
Elite |
12-Jul-2021 11:01
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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x 0
x 0 Alert Admin |
Agree... I read jump to the chapters I want, read few pages and then stopped..... haha!
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fatpanda
Supreme |
12-Jul-2021 11:00
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
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fatpanda
Supreme |
12-Jul-2021 10:55
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Panda also bought this book many years ago, before the later revision copy. The trading strategy presented in this book was quite simple. It may not work in this Sicko STI pasar, probably better use for Ang Moh Market. 
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TikTalk
Supreme |
12-Jul-2021 10:40
Yells: "Anyone miss me?" |
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x 0
x 0 Alert Admin |
HLA so far quite disappointing tho, like so tough to burst through $1.00, sian half. | ||||
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Maxgrow68
Elite |
12-Jul-2021 08:32
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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x 0
x 0 Alert Admin |
I happened to have that book by Dr Adler...bought many many yrs ago...but didnt touch.... I shd dust off and bring the book out to see the light!
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Maxgrow68
Elite |
12-Jul-2021 08:09
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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x 0
x 0 Alert Admin |
Wah!  Clear and good display of the corporate structure of HL Group.... Much appreciate your effort and sharing.....Kam Siah!
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Maxgrow68
Elite |
12-Jul-2021 07:57
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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x 0
x 0 Alert Admin |
Haha! Growing Thai community here..... Early morn drink Chang Beer.....
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Maxgrow68
Elite |
12-Jul-2021 07:54
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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x 0
x 0 Alert Admin |
Tks vm Bro! Your guidance valuable . Vested LT.....lately added more......
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TikTalk
Supreme |
12-Jul-2021 07:43
Yells: "Anyone miss me?" |
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x 0
x 0 Alert Admin |
Good morning! Have a great week ahead.
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TikTalk
Supreme |
11-Jul-2021 18:20
Yells: "Anyone miss me?" |
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x 0
x 0 Alert Admin |
STI - Weekly Chart S-ipeh T-erok I-f week after week stay below trendline. Two down months old-lady (May and June) think July up la... a sai bo? Mas faster lift dividends cap le, if banks cheong STI cheong...if STI cheong everybody happy la... ![]()
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Sg_KoalaDreaming
Master |
11-Jul-2021 14:10
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x 0
x 0 Alert Admin |
khop kun krap  ![]()
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halleluyah
Supreme |
11-Jul-2021 13:54
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x 0
x 0 Alert Admin |
Still fear of resurrection of covid as country re open fr travel....avoid unless its px more attractive....
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