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The Traders
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fatpanda
Supreme |
27-Aug-2020 16:38
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, The SGX Chief playing with the derivative products only to show corporate results. So, do not expect this 4th class stock exchange to perofrm. It is a dying stock market. That' s why Panda say, 95% of the stocks in this pasar cannot be invested. 
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halleluyah
Supreme |
27-Aug-2020 16:33
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x 0
x 0 Alert Admin |
sicko sti macam lelong sales.....mati.... | ||||
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fatpanda
Supreme |
27-Aug-2020 16:15
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, Hehehe.... This is the " experienced" talk after Panda paid 6 figures tuition fee to Mr. Market. and learnt from him. So, for the beginners, do not follow Panda' s foot steps, think that you can out smart and beat Mr. Market. He is right most of the time.  |
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adelinesoh
Senior |
27-Aug-2020 16:04
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x 0
x 0 Alert Admin |
Well said, Chief Panda.There' s a lot of psychological battle involved. 
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fatpanda
Supreme |
27-Aug-2020 15:43
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, A word from the " wiser"   who kena " hamtam" upside down in stock market and with bruises all over the fat tummy, Panda.... What you learnt about the TA, the monkeys, or BBs in gerneral terms know better than you..... They know what you thinks and intened to react when you see the price trend, but they already setup the trap to wait for you to fall into it, and slaughter you. They can even " con" you by " painiting" the price trend, i.e. the position and the shape of the price bars to make you believes what you see is correct, and lead you to think iwhat they want you to think and believe. So, " also don' t believe completely what you sees, espically on penny stocks, and the stocks trade in light volumes" .  Scary right?     
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Tiejiao
Senior |
27-Aug-2020 15:29
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x 0
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Bro Panda, busy with Day Job le.  Now sis is trying to learn as many " tricks" as possible and watching on sidelines first.  Once master liao then hopefully can trade properly so can HUAT HUAT...Waahahahaha!  Slow and steady suits me better :) 
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fatpanda
Supreme |
27-Aug-2020 15:12
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, Focus on what you are good at, those stocks that can bring your money consistently, Polish your trading skills and make it better. Cheer! 
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fatpanda
Supreme |
27-Aug-2020 15:09
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, Good afternoon. Have not heard from you here for a while... Are you OK? Huat? Hehehe...... " Greenhorn" is the starting point to the success in trading. Every trader musr go through this stage. Same for Panda. The only thing is, don' t pay too much at this stage. It hurts your packets, don' t follow Panda foots steps.  
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adelinesoh
Senior |
27-Aug-2020 15:05
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x 0
x 0 Alert Admin |
Haha maybe use back my crystal ball like more accurate uh. Using it on mMy fav. DBS and Venture~ But still, thanks Panda Senpai!  
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fatpanda
Supreme |
27-Aug-2020 15:05
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, Panda' s current interest is to try to " predict" the trend reversal based on Fibonaccis magic numbers. Hahaha.... If Panda can crack the " Da Vincis" secret code, then Panda would " Huat until no tomorrow" . Ya, " no tomoorw" because Panda' s would pay for his life in exchange for the " Heaven codes" .  Hahaha.....    |
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Tiejiao
Senior |
27-Aug-2020 15:01
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x 0
x 0 Alert Admin |
Bro Panda, are you talking about me?  I am the green horn le....   LOL
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fatpanda
Supreme |
27-Aug-2020 14:51
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, No. My " Fei Lao" use different methods to read the charts. Those methods teaches in the TA text books and the general TA courses are not used by " Fei Lao" . It is to " smoke" the " greenhorns" . Hahaha.... Not lah, just joking. They are still useful for basic TA analysis. |
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adelinesoh
Senior |
27-Aug-2020 14:48
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x 0
x 0 Alert Admin |
This was what happened to CDG isn' t it? And that was how your Fei Lao picked it up? HAHAHA. 
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fatpanda
Supreme |
27-Aug-2020 14:47
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
SGX daily chart Another good example on " Divergence on price and volume" at the final stage of uptrend.  |
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adelinesoh
Senior |
27-Aug-2020 14:46
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x 0
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Hmmm Panda Senpai, not sure why I wasn' t able to post.  Using Top Gove as an example, the same could apply for downward trend too right? So if we start to see the volume bottoming out, its indicative of a likely price reversal? I hope I am right.  ![]()
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fatpanda
Supreme |
27-Aug-2020 14:39
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Top Glove daily chart  A very good example on - " Volume leads price" .    |
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fatpanda
Supreme |
27-Aug-2020 14:32
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, " Volume leads price" is usually quite true at the start of an uptrend and downtrend.  Do you need some graphical examples? Or, if you have some TA textbooks, you can easily find the examples there. |
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valve2020
Veteran |
27-Aug-2020 14:28
Yells: "life is like stocks, full of ups and downs" |
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x 0
x 0 Alert Admin |
in simple terms, you will see big volume of shares changing hands leading to a price run-up (more demand for comp shares so naturally price goes up when there is high demand).  
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fatpanda
Supreme |
27-Aug-2020 14:22
Yells: "Another wonderful day!" |
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x 0
x 0 Alert Admin |
Sis, Volume on stock is like the blood in our body. No blood and no live.  You probably heard this very often in stock market - " Volumes leads price" . But, do not take it as 100% right. It might not always have such relationship when the price moves, especially at the final stage on uptrend and downtrend. In such situation, we usually see divergence in price and volume, and not convergence.  And also, during the downtrend, we often see small volume could push down the price becuase of no buyer, or manipulated by the monkeys.  On Thai beer now, the shrinking volume, i.e. falling volumes compared to previous volume, means selling pressure is getting weaker, and this is usually a postive sign near the support level. which is happening now on Thai beer. Of course, heaving selling can also come back tomorrow. Then, we have to be careful if this happens, because very likely the support level would break, and the price fall further. But, up to now, the price and volume still looked postive to Panda. 
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adelinesoh
Senior |
27-Aug-2020 14:10
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x 0
x 0 Alert Admin |
Panda Senpai, what does the shrinking volume indicate? Still don' t quite get it. 
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