Latest Forum Topics / Trading Techniques |
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The Trading Floor
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wavehunter
Supreme |
28-Jan-2023 08:39
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
Bro Max, I do paper longs and paper shorts in Dow Futures from time to time to test wind direction. For now, it does seem like to go LONG is safer than to go SHORT. And the odds will go up if you patiently wait for a deeper pullback to open a LONG position. But that' s me. . ![]() |
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wavehunter
Supreme |
27-Jan-2023 11:10
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
![]() When a stock is doing this, usually, smart money is already selling and dumb money is buying.  |
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wavehunter
Supreme |
27-Jan-2023 09:55
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
You can elect to receive your dividend in cash or new scrips. The price of the new scrip is based on this formula below. Sibeh Chim leh. And a 1% discount doesnt sound attractive at all. ![]() .  
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wavehunter
Supreme |
27-Jan-2023 09:49
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
MIT' s Outlook for the year ahead.![]() |
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wavehunter
Supreme |
27-Jan-2023 08:47
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
MIT... Dividend is 3.39 cts. XD on 2 Feb 2023. |
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wavehunter
Supreme |
26-Jan-2023 23:44
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
![]() ![]() These 2 have a monkey on board. Whether same monkey or different monkey I dunno and it doesnt matter. All that matters is both of them have a monkey in the driver' s seat. Becoz of that, it doesnt matter whether Dow Jones closes UP or DOWN. IT DOESNT MATTER. Becoz the monkey is NET LONG and he will do whatever he needs to do to die die make sure these two stays up or go higher whether Dow closed UP or DOWN. If Dow closes down, do not be surprised at all to see one or both of Ascendas and MIT    opening at a higher price than yesterday' s close. If you do see an intraday pullback, that pullback will, on hindsight be a window for the bravest of traders to jump in on the LONG side to ride on the monkey. So long as the price has not reached the monkey' s target price, it doesnt matter if Dow falls on 2 or even 3 consecutive days. The monkey will defend his turfs and make sure these 2 dont drop, not before he has unloaded. How high will he push these two ? Only he knows. So dont try to read the chart to predict where the top will be. When the monkey is pushing, he wont look at the chart and say the resistance is here or the support is there and then buy or sell accordingly at the support and resistance. As far as the monkey is concerned, the resistance is where he stops buying and the support is where he stops selling. Yes, the monkey dont follow the chart. The monkey draws the chart. So how high he will push Ascendas and MIT in this round of Results cum Dividend play will depend on how many retail players are still chasing the price. For as long as retails are still chasing, the monkey will Fong Phey them and continue to push higher. The higher the price, the more he makes. So why not ? So if you are a braveheart and you want to hitch a ride on this monkey, you have only one task - figure out how much higher you think the monkey will push and wherther that further upside is attractive enough for you to risk capital. And if so, then you go for it and roll the dice. But if wrong, do have a stop loss. All the best.  |
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wavehunter
Supreme |
26-Jan-2023 23:22
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
Bro Yoga, Thank you and sama sama wishing you & family a healthy, stress-free and profitable New Year !!! May the market be super kind to all of us to give us many dip opportunities to put money to work and HUAT AH !!! . ![]() What I have is Capital & Wisdom. But to HUAT, I need Opportunities. When all 3 come together, we have COW and that' s how we get to milk the market.    ![]()   |
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yoga123
Master |
26-Jan-2023 17:15
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x 0 Alert Admin |
Gong Xi Fa Cai to you and your family, Bro Wave !  😊
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wavehunter
Supreme |
26-Jan-2023 17:01
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
It is said that 80% of the daily volume of a stock is done by a market maker. So when they buy from you to push up the price, it lures some retail players to chase the price for the market maker to sell to. Then what happens to those lots bought by the market maker at higher prices? They already accumulated alot alot when prices were lower. So buying some at higher prices to lure retails to chase the price is okay. Their average price is still low enough for them to unload all their holdings and still make a profit. So when they buy from you, it is to create a false impression of strong demand to induce retails to chase the price for them to sell to.
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Maxgrow68
Elite |
26-Jan-2023 16:01
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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x 0 Alert Admin |
Big Old Tree 99 !! Haha!!
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Luzern
Supreme |
26-Jan-2023 15:40
Yells: "Huat Ah! 999999999" |
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x 0 Alert Admin |
This is one of the bigger durian tree I had.
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wavehunter
Supreme |
26-Jan-2023 15:24
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
By the which, you eating your durians from which tree har ?  
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wavehunter
Supreme |
26-Jan-2023 15:16
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
CONGRATS Bro Luzern.  ![]() Wish you had jio us. 
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Luzern
Supreme |
26-Jan-2023 11:12
Yells: "Huat Ah! 999999999" |
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x 0 Alert Admin |
Harvesting my s-reits profits.    | ||||
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wavehunter
Supreme |
26-Jan-2023 09:58
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
![]() Similarly, how high she can go is up to the one who is pushing. Results on 2 Feb 2023 after market close. XD likely to be 7 Feb 2023. Dividend expected to be 7-point-sumtin cents. Last Low was 2.65. She already ran 24 cts from last low to current high of 2.89.   |
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wavehunter
Supreme |
26-Jan-2023 09:49
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
![]() She is reporting results today after market close. Dividend expected is 2-point-sumtin cents. But she already ran 22 cts from her last low at 2.19. XD is likely to be on 2 Feb 2023. |
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wavehunter
Supreme |
25-Jan-2023 18:11
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
![]() This Youtuber also referred to the same trendline in the S & P 500 chart to give his views why he thinks this is going to  be a bull trap to suck retail players to buy the " breakout" which he thinks will turn out to be a false breakout to trap dumb money. http://www.youtube.com/watch?v=Qlfo0cB7aY8 |
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wavehunter
Supreme |
25-Jan-2023 09:37
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
![]() Look at the bottom of the chart where you can see those days when volume shot up significantly. If you match those high volume days with what the market was doing on those days, you will notice that many times, the market hit a short term bottom on those days and bounced after that. |
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wavehunter
Supreme |
25-Jan-2023 09:26
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
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Sg_KoalaDreaming
Veteran |
24-Jan-2023 22:00
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x 0
x 0 Alert Admin |
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