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Trading For A Living
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TikTalk
Supreme |
03-Jul-2021 20:23
Yells: "Anyone miss me?" |
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ADD - Will they all go higher than current high? Yes I think they will all trade higher, tech is still the sector to be in butter I wont buy AEM(me and my higher high higher low  theory say no touch this one).  Which one to buy IStillDunNo wor.   |
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TikTalk
Supreme |
03-Jul-2021 20:11
Yells: "Anyone miss me?" |
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For Sis Cucina, Bro Koala and other forumers Comparing AEM, Frencken & UMS AEM - 4.66/3.60(-22.7%) - (+17.2%)4.22/3.28(-23%) - 3.83(+16.7% from 3.28 low)) Frencken -  1.43/1.13(-21%) - (+35.3%)1.59/1.35(-15%) - 1.92(+42% from 1.35 low) UMS - 1.40/1.03(-26.4%) - (+43.6)1.48/1.26(-14.8%) - 1.55(+23%) One look at the 3 charts(without calculation) I dont like AEM( lower high lower low), whereas Frencken and UMS has  higher high and higher low(ingredients of a uptrending stock) From the most recent rally Frencken is up the most +42%, follow by UMS +23% and last is AEM +16.7% Based on TA Frencken is best and worse performer is AEM(if I am not wrong the last result it missed expectation). UMS 2nd choice. Cheers ![]() IStillDunNo for myself and those interested.
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wavehunter
Supreme |
03-Jul-2021 20:11
Yells: "Trade what you see, not what you hope to see." |
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" I go to Clementi Central often" What do you normally wear when you are there har?    ![]()
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wavehunter
Supreme |
03-Jul-2021 20:09
Yells: "Trade what you see, not what you hope to see." |
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Human psychology plus something else which I will allude to later. That same Rojak stall you mentioned.... I have also been eyeing that stall and I asked myself izzit becoz their sauce is generous and thick unlike most other Rojak stalls which offer you a written-down watery prawn paste sauce. One day I will try and know the answer. At Ghim Moh hawker centre, there is one stall offering roast duck, roast meat and cha siew which without fail always have a super long queue during lunch time. I told myself one fine day when market is boring and time is not an issue, I will go and queue and maybe go a bit later to avoid the lunch crowd. So that one fine day finally came and I got to taste that so called famous sibeh popular and sibeh long queue roast meat stall. And what was my reaction when I sank my teeth into all 3 types of meat ? My reaction was...... why der fug did all those people waste their precious lunch time to queue for this so-so roast meat ??? The taste was only average and nothing to scream about  and certainly does not have that premium X-Factor value which will make me willing to drive 20 km just to have it. I didnt drive 20 km to eat this by the way. I live in the West and Ghim Moh is a 5-min drive from where I am. And although I go to Ghim Moh once or twice a week, I never bothered to take a 2nd look at that roast meat stall ever again. Back to why do so many people queue at this stall during lunch time ? My answer - herd mentality. People see a long queue they conclude must be good. So they queue too. And after queueing so long to get their food, to justify the time spent queueing, they tell themselves it is good. Good luck to them then. They happy to queue their suka. 
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Sg_KoalaDreaming
Master |
03-Jul-2021 15:22
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like to add on between the 3 (one I already have in my portfoilo long long time ago) which would you rank in order of BUY or SELL Thank you Prof TikTalk  ![]()
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Sg_KoalaDreaming
Master |
03-Jul-2021 15:19
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hello Sis cucina, similar thoughts to your posts 
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Sg_KoalaDreaming
Master |
03-Jul-2021 15:17
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good insightful write-up  everyone luvs bargain be it he is rich or poor, and everyone is greedy to some extent, hence the saying goes that the stock market is a weighing scale of the various players action when a snap shot of the px action is taken.  my modest contribution haha 
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cucina
Master |
03-Jul-2021 14:57
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It' s human psychology at work.   We wonder why would people wanna pay more n if they do pay more it' s a good probability that the thing they are paying more is superior.   I go to Clementi Central often n there' s always a long Q for the rojak in the coffeeshop behind the NTUC.   I' m so intrigued after seeing it so often that I decided to find out for myself.   Think it was a 20 min Q one fine day when I decided to check it out.   Its not any cheaper than elsewhere n It' s not any more different from other run of the mills rojak.   But it bears out your theory.   Also, maybe some trading algos are tied to TA, which triggers buy signal when the indicators are breached n thus attracting other people to pile on.   FA is some, but sentiments the most of it when chasing a stock.   So, would like to seek your thoughts on the tech trio, AEM, UMS, and Frencken.   They hv all become near highs, except AEM, so anymore upside in your view? 
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TikTalk
Supreme |
03-Jul-2021 13:44
Yells: "Anyone miss me?" |
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The Butterfly You Tiao theory to investings - Real Case study Will you buy the 70 cents or 90 cents per piece butterly bun and you tiao? The first time I bought the 70 cts because at that moment I saw more people queueing. The second time I bought the 90 cts because at that meoment I saw more people queueing. Then I started to noticed the price different. Today I took a photo to confirm the price different. After more visits to this hawker centre I consistently see longer queue at one of this stall. Today one stall has about roughly 8 people in the queue while the other stall none or just 1 buy and go. I presume the one with long queue consistenly will probably make more $$$. Rental cant be much different as they are just 2 or 3 stalls apart.  If above 2 stalls are two companies stock listed in SGX, one will probably buy the one that has long queue consistently, higher sales volume, assuming same cost. Others may say the one with higher margin may make more because we dont know the volume differences of how many peices sold by each, so either thoughts may be correct. Now, what if the longer queue stall is the one that price its products at 90 cents, I guess you know now which stock to buy. You know what, the 90cents per piece stall is the one with longer queue. Thats 28.5% different wor and yet it has more sales then the cheaper one. Good things dont come cheap, cheap things doesnt mean good. Good and cheap is undervalued. Same for stock, dont buy just because its cheap unless you know for sure is undervalue butter if not unlock also no use.  Thats why I often use the higher high high low theory to identify a uptrending stock as people are willing to pay and lower high lower low to idenfity a downtrending stock because people no longer willing to pay for this stock.. Cheer and have a good weekend. ![]()
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halleluyah
Supreme |
03-Jul-2021 11:08
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Hallelujah.....Congtratz bro kazerin on yr new born arrival...
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TikTalk
Supreme |
03-Jul-2021 08:49
Yells: "Anyone miss me?" |
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STI - Daily Chart Will this S-ipeh T-erok I-ndex for the past 2 months turn around in July and become S-ipeh T-ekong I-ndex or remain S-ipeh T-erok I-ndeed? With all 3 major US indices surging further after the employment data,  hopefully it will be enough to lift STI above the 2 months downtrend line. All the bre@st Below copied from Financial Post.. The MSCI All Country World index gained 0.42%, while the pan-European STOXX 600 index rose 0.26%. On Wall Street, the S& P 500 and Nasdaq hit record highs. &ldquo For capital markets, equities and bonds, this was a Goldilocks report,&rdquo said Darrell Cronk, chief investment officer at Wells Fargo wealth and investment management. &ldquo This was perfect. There were enough jobs that you&rsquo d want to see but not so many that it concerns people that the Fed may have to act sooner.&rdquo Still, gold edged higher and the dollar fell from a three-month high as investors weighed prospects that Fed policy would tighten following the jobs report. The Dow Jones Industrial Average rose 150.8 points, or 0.44%, the S& P 500 gained 28.35 points, or 0.66%, and the Nasdaq Composite added 98.23 points, or 0.68%. The benchmark 10-year yeild fell 1.43%. Euro zone government bond yields fell, as investor fears over the rise in COVID-19 cases outweighed strong U.S. data. Germany&rsquo s 10-year bond yield, the euro zone benchmark, dropped to -0.24%, its lowest since mid-June.
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Kazerin
Elite |
03-Jul-2021 05:12
Yells: "Your Stop Loss Is My Profit Target" |
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No wonder i feel my ear itchy. Now i know why. 🤣
Yes you are right, be towkay is not easy. When things get rough you cannot say i quit and find new job. You have to bite the bullet and pull through.
Last two weeks is busy like fxxx for me.
Receiving a new born into our family for the first time is a wonderful and tiring experience.
I had my best trading week as well , gaining 52% on my account.
Praise The Lord For All The Blessings, i feel super blessed. 😍
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TikTalk
Supreme |
02-Jul-2021 20:42
Yells: "Anyone miss me?" |
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YZJ Ship Building - Weekly Chart I think this one has turn up, breaking above downtrend line, record order book should translate to record stock price. All the bre@st.
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TikTalk
Supreme |
02-Jul-2021 20:34
Yells: "Anyone miss me?" |
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Dow futures rally on employment datas...  
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TikTalk
Supreme |
02-Jul-2021 20:19
Yells: "Anyone miss me?" |
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Have la bro, everyday shop open 1. Everyday I see got readers maybe due to covid less people come to shop personally due to social distancing ![]()
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TikTalk
Supreme |
02-Jul-2021 20:03
Yells: "Anyone miss me?" |
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Hello Sis, Went cycling earlier. TA and luck bah..
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wavehunter
Supreme |
02-Jul-2021 18:32
Yells: "Trade what you see, not what you hope to see." |
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He just bought a bungalow and his agent was from PropNex.  ![]()
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CheeryVGoh
Supreme |
02-Jul-2021 18:22
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Bro TikTalk, You were spot on on PropNex. What prompted you to long? News & TA? Congrats !
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TikTalk
Supreme |
02-Jul-2021 16:16
Yells: "Anyone miss me?" |
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Yangzijiang Shipbuilding &ndash BUY (Adrian Loh)
&bull Events: New order wins better returns on its debt investments portfolio strong 1H21 results &bull Timeline: 3-6 months. |
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TikTalk
Supreme |
02-Jul-2021 16:15
Yells: "Anyone miss me?" |
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