WISHING ALL FRIEND & MEMBERS
SELAMAT HARI RAYA
Wednesday, 6 July 2016
Sunday, 7 February 2016
HAPPY CHINESE NEW YEAR
WISHING ALL READERS, FRIEND & MEMBERS
A VERY PROSPEROUS & A BOUNTIFUL HARVEST
CHINESE NEW YEAR
Saturday, 26 December 2015
NEW YEAR 2016 'ANG POWs' ??
Esceram is now on the impulsive wave 3 with a tp at 0.885~0.95
Buy in at 0.47
Cut loss at 0.415
TP at 0.885~0.95
Risk......trade at your own risk.
Homeriz is now on the impulsive wave 3.....with tp at 1.61
Buy in at 1.16
Cut loss at 1.05
Risk.....trade at your own risk.
Ifcamsc is now unfolding the corrective wave B....with tp at 1.335
Buy in at 0.96
Cut loss at 0.915
Risk......trade at your own risk.
Seacera is now unfolding the last impulsive wave 5.....with tp at 1.285~1.435
Buy in at 1.06
Cut loss at 0.945
Risk.....trade at your own risk.
NOTE......The above is just my2c opinion....Do have your trading plan b4 you make your DECISION.
Friday, 25 December 2015
MERRY CHRISTMAS AND HAPPY NEW YEAR
WISHING ALL MEMBERS
&
READERS AND FRIEND
MERRY CHRISTMAS & A HAPPY NEW YEAR
P/S.......ALL BUY/SELL CALL FOR CONTRA TRADING WILL BE POSTED FROM NEXT MONTH (AS REQUESTED BY MEMBERS ).
Monday, 9 November 2015
Thursday, 16 July 2015
Wednesday, 18 December 2013
Money management and risks.
For profitable contra trades ,a good money management strategy,cut loss policy and when to buy and sell is
a must.Lets say you have a working capital of 100,000 (or credit facility),how do you maximise your profits
and minimise your risks.Spread your risks by dividing your capital by five if you are trading five counters....
Example:
1) First counter you make 5%
2) Second counter you lose 3%
3) Third counter you lose 2%
4) Fourth counter you make 4%
5) Fifth counter you make 5%
Nett gain is 9%
20,000( 100,000/5 counters) x 9% gives you 1,800
1,800 x 3 =5,400/per mth (12 to 16 contra trades are done per month.)
For those with working capital of 20,000/30,000/50,000/150,000/200,000 ,please allocate the money accordingly( per counter).
P/S......The above is just a hypothetical example...
Hope the above is helpful to my *Contra Trade Member's Group*.
The above is just *My Trade Plan*.If you have a better plan that gives you good profits,stick to it.
My *December contra trades* will be revised to the above format.
a must.Lets say you have a working capital of 100,000 (or credit facility),how do you maximise your profits
and minimise your risks.Spread your risks by dividing your capital by five if you are trading five counters....
Example:
1) First counter you make 5%
2) Second counter you lose 3%
3) Third counter you lose 2%
4) Fourth counter you make 4%
5) Fifth counter you make 5%
Nett gain is 9%
20,000( 100,000/5 counters) x 9% gives you 1,800
1,800 x 3 =5,400/per mth (12 to 16 contra trades are done per month.)
For those with working capital of 20,000/30,000/50,000/150,000/200,000 ,please allocate the money accordingly( per counter).
P/S......The above is just a hypothetical example...
Hope the above is helpful to my *Contra Trade Member's Group*.
The above is just *My Trade Plan*.If you have a better plan that gives you good profits,stick to it.
My *December contra trades* will be revised to the above format.
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