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The Traders
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fatpanda
Supreme |
24-Jan-2021 11:29
Yells: "Another wonderful day!" |
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How to trade for beginners.... (cont' d) Another follow-up reply ...... =================================================================================================
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fatpanda
Supreme |
24-Jan-2021 11:01
Yells: "Another wonderful day!" |
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How to trade for beginners..... Panda received one PM last night, asking Panda to teach TA. Hmmm.... Below is what Panda' s replied to her, a sister started trading/investing not long ago and with little experience.    ================================================================================================================= You can learn from the Youtube videos or websites. There are many good sources for learning TA. For example, Karen Foo, Rayner Teo, adam Khoo and etc. Just google them in internet and Youtube and you can find them.  Next. I want to show you even a simple TA strategy can make you " rich" liao. Let' s take an example, Volume Weighted Moving Average (VWMA). You can find this VWMA in most of the charting software. Initial trading fund = S$20,000. Trade size = 10,000 shares per trade Commission : 0.35% per transaction Trade staring from : 02 Jan 2020 Let' s trade your favourite stock RiverStone..... Chart settings Time frame : Daily (1D) VWMA period : 21 days (Orange line) Price smoothing period : 5 days on closed price (White line) These are the typical settings, and some adjustments might be necessary on other stocks that have different " characteristic" . Wow! Your profit is S$23,424,25! 117.12% on top of your trading fund! But, if you are not itchy hands, and just " buy and hold" , your gain is even more! 225.53%! WASIEH!  So, frequent trading might not have better earning as compared to " Buy and Hold" , and of course, it also depend on the stocks that you " invested" .  As I told you before, even a simple TA tading strategy can give you 20 - 70% profit depend on your skills. So, stick to basic, and make trading simple and less stress.  Happy trading/investing, and good luck! 1) Price chart with VWMA 2) Profit/Loss performance curve ![]() 3) Trade summary ![]()   |
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fatpanda
Supreme |
24-Jan-2021 09:26
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Sis, Good morning. It is probably still at the final stage of the current " up leg" .  But prepare to run first if you sees " consolidation" happens.   
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CheeryVGoh
Supreme |
23-Jan-2021 23:50
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Bro Panda, Meant reversal down coming?  Are you vested in this Ah Mar?  
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fatpanda
Supreme |
23-Jan-2021 10:50
Yells: "Another wonderful day!" |
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Next, Backtest on Wilmar.... The hit rate is also accurate, almost 100%. And Ah Mah..... Still climbing up but likely on last stage of the current " up leg" . Waiting for this improved indicator signal to give a " go-ahead to " hammer signal" . similar to the last one, highlighted by the circle on lower left. Hehehe.....  ![]() |
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fatpanda
Supreme |
23-Jan-2021 10:30
Yells: "Another wonderful day!" |
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Hurray! Accuracy on indicator has been improved!  Tested on Dumbo (DBS) and 10 out of 10 hit target! 100% hit rate! Hehehe.... Don' t get too excited... Have to put on real field test next week.  Panda is very excited now.... Waiting to see the results of this improved indicator signal.  And see can get some CNY Ang Pao from Mr. Market or not! Hehehe..... Hahaha..... Siliva is dripping.....      |
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fatpanda
Supreme |
23-Jan-2021 09:21
Yells: "Another wonderful day!" |
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COVID-19 vaccine news on Sin Ming yestersay.....![]()   |
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fatpanda
Supreme |
22-Jan-2021 16:27
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Bro, Good afternoon. Panda was playing with the indicators in the afternoon, to see can improve the accuracy or not. Ms. Yang? OK... See below... DYODD.
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Johnnybravo
Master |
22-Jan-2021 16:09
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bro panda, can have a look at miss yang? how far it will go? | ||||
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fatpanda
Supreme |
22-Jan-2021 10:41
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Jiutian Chemical .... Alerted by " Fei Lao" just now. Probably game over liao.... Consider to take profit first.    DYODD. |
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fatpanda
Supreme |
22-Jan-2021 09:58
Yells: "Another wonderful day!" |
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Bro Duke, Good morning. Shhh..... Don' t scare people. Ya, there is a gap at 0.153. But, gap might not be filled in near term if the support is strong. 
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fatpanda
Supreme |
22-Jan-2021 09:55
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YZJ hourly chart Struggling at the " neckline" . Boss probably going to dig the company fund to hold Ms. Yang. DYODD. |
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Duke1234
Senior |
22-Jan-2021 09:54
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Good morning bro Panda, seems like there is a gap at 0.153? Wow  ![]()
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fatpanda
Supreme |
22-Jan-2021 09:47
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CICT 4 hourly chart Pull back started yesterday.... DYODD.   |
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fatpanda
Supreme |
22-Jan-2021 09:37
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Sembcorp Marine.... Submarine is going to sail under the water..... DYODD.  
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fatpanda
Supreme |
21-Jan-2021 17:18
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Sis, Ya... ISDN closed with a very " nice" " Bearish Engulfing" cadlestick pattern.  So, " beautiful" that Panda took a " snap shot" to put here for memory. Hehehe.....  Where are the supports?  We have to ask Ang Moh Uncle Fibonaccis... See the chart below. Hahaha... DYODD.  
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yoga123
Elite |
21-Jan-2021 17:12
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Bro Panda,  thanks for sharing your charts and views.  😊
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cucina
Master |
21-Jan-2021 16:54
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ISDN. Thanks Bro Panda for your beautiful painting.   Just intrigued by it.   Next support 0.62? |
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fatpanda
Supreme |
21-Jan-2021 15:56
Yells: "Another wonderful day!" |
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Sis, Good afternoon. ISDN... Shot passed the " 1st est. TP" , retreat and parked right at this " est. TP" now. Hehehe.... On candlestick side, it was very bearish.  Likely forming a bearish engulfing today. So, trade with care. DYODD.     
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CheeryVGoh
Supreme |
21-Jan-2021 15:53
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Good afternoon, Bro  Thanks. Taking a break to run longer distance. Huat Ah !
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