Alliance HC - Took 1 Pip Profits

Took profits from Alliance HC earlier when the price went up to 0.205/0.21. The market suddenly had a super bad news this morning where Trump imposed 5% tariffs on Mexico which caused more fear to the market. Most stocks dropped except a few stayed strong. Cut a loss in ocbc and the stock rebounded back upwards. It could be short covering or a bounce but I am not taking a chance now. Even with a new IPO that is 18 times subscribed cannot move in a bad market like this, hence run first.

https://www.theedgesingapore.com/alliance-healthcare-says-public-tranche-184-times-subscribed

Ronald K - Market Psychologist - A Stock Market Opportunist

Top Volume - Important Screenshot Captured

Market gap down morning and it tried to move. At one point, I saw the buyers keep whacking up the shares as the stock move strongly. Then all of a suddenly, the Top Volume has stocks reversing and everything crumbled. I had captured the important screenshot of the moments earlier where the move went stalled. As of now, many stocks started to tumble and did not climb further. Did I missed out something at the demand zone? What about those who went longed in the morning when the market was about to turn? I don't know the answer but can only wait and see what happens later.

Ronald K - Market Psychologist - A Stock Market Opportunist

OCBC - Cut Loss 1 Pip

I think the greatest gift as a trader is knowing when to cut loss. I had been through the route of not cutting losses where losses swung bigger and bigger and there was no more room for profits where I had to take a super big one and it's hard to recover. Hence, from that painful experience, I know the importance of taking small losses so that the future profits can take care of itself.

Yesterday I traded OCBC. I went longed as I saw that there was a chance of the stock turning but to my surprise the stock looked capped and hard to move. As it bounce up and down, I had a chance to even get out without a loss but I decided to wait a while more and true enough, the market gave way and I decided to take a small loss. Longed 10.93 and cut 10.92. It was a fast cut or today I would have suffered more as OCBC gap down and tanked to a low of 10.84. It's getting lower each day and the risk to short is high. Watching for a turning point when it signals.

Ronald K - Market Psychologist - A Stock Market Opportunist

Genting SP - Confirms Bid on Osaka IR

Genting SP started to turn a little the past 2-3 days and while the market can't move, this counter moved a little. The news came out last week and apparently they confirmed their bids on the Osaka IR and they might have a chance of winning the project. I think it's a stock to watch out for now since there is a story and catalyst for the stock to have hope for and price moved a little. However, I would also be cautious trading this counter should Genting not win the project and everything starts to fumble again.

https://www.asgam.com/index.php/2019/05/24/genting-singapore-confirms-osaka-ir-bid/

Ronald K - Market Psychologist - A Stock Market Opportunist

A Private Sharing - Market Outlook, Twist and Turns

Finished a talk yesterday as I gave an outlook of the market and what stocks to watch out for. The current market is a little challenging but still pretty much manageable since there are still good stocks for trading. Last evening, I shared some of the stocks I traded like the banks, SGX and how to watch the Top Volume for clues. Here, I want to thanks everyone for coming and learning new skills, new knowledge but more importantly, new observation skills which can only be taught by watching the market for 15 years.

Also, the registration for next Tuesday is fully closed and hence I have stopped registration. For those who registered, I shall see you guys next week and please bring a pen to copy down the secrets that I will be sharing. Thank you!

Ronald K - Market Psychologist - A Stock Market Opportunist

Genting SP - Turned Up

Genting SP just turned up a little earlier. As shared in my last blog post yesterday that the quality of selling decreased and the stock is near demand zone, some buyers just came in to bought the shares and Genting touched 0.895 high. Study the chart and see how the turn took place! Let's see how high more Genting can go.

http://stockmarketmindgames.blogspot.com/2019/05/genting-sp-talk-on-stock-readiness.html

Thanks all for registering for my talk. I will be closing the registration soon.

Register NOW for Free - Stock Analysis and Strategies

Ronald K - Market Psychologist - A Stock Market Opportunist

Top 30 Volume - Which Stocks Are in Play?

Market earlier in the morning looked not bad but suddenly I believe Trump said something or some news related to him was released again which cause stocks to simmer off and sold down again. As much as stocks are dirt cheap now with good setups, it might require more time to wait for the dust to settle down first.

The Top Volume today was beautifully with some news stocks in play and some counters trying to move up like AEM. I will start watching those stocks for trading as they are more easier than other counters now. SGX also got sold down after most of us locked in profits last week. It's just in a very tight range these days.

http://stockmarketmindgames.blogspot.com/2019/05/sgx-traded-13-lots.html

I am closing my registration for my talk today as it's almost full. For those of you who wants to learn more on stock readiness and market timing, click on the link below to take up the last few seats.

Register NOW for Free - Stock Analysis and Strategies

Ronald K - Market Psychologist - A Stock Market Opportunist

OCBC - How to Time Your Entry

Tough market for the blue chips. I traded and longed OCBC last week Friday thinking that the market would move up but to only realized that the stock doesn't move and started to simmer back all the way to lower prices. Yesterday, OCBC wanted to run but then once again, it got sold down all the way to 10.93 before closing at 10.98. The peculiar thing about the movement was that the buyers kept wanting to move it up but the sellers suppressed it every single time with force with swell queues. Looking at the chart, it now trading at the demand zone and who knows there might be a bounce soon?

In my coming talk next Tuesday, I will share more stocks, more strategies on how to trade effectively using cash/cfd account and how to carefully watch for the stock readiness before hitting the buy button. Registration is based on first come first serve basis as my talk is about to fill up soon with many registered yesterday. If you are interested to find out and learn more, click n the link below to register.

Register NOW for Free - Stock Analysis and Strategies

Ronald K - Market Psychologist - A Stock Market Opportunist

Genting SP - A Talk on Stock Readiness

Watching this stock Genting SP as the stock hit a demand zone. A demand zone is an area where buyers are looking to buy while the quality of selling decreased. It's also in the Top Volume and with Japan building a casino while Genting is looking for a bid, it can only can trickier if the bid for the casino flops. Combined with the Top Volume, I am studying the chart carefully to see if the stock could rise again.

Hence, I decided to do a talk on how to read the readiness in Genting when it's about to run. Registration is first come first serve as currently my talk is about 3/4 filled with many email requests and the room shall be packed. If you are interested to find out and learn more, click and the link below to register.

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Ronald K - Market Psychologist - A Stock Market Opportunist

Top Volume - Stale Activities

Pretty stagnant and stale market today as the US is not trading tonight. The banks moved lower while SGX gap down a little and then recovered all the way back again. Other than that, stocks are not moving much ans as usual, the market simmered off. I observed the Top Volume and captured the most important time frame earlier where some stocks are first timers in the Top 30. Other than that, the market is pretty tough again as there aren't much fish to eat.

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Ronald K - Market Psychologist - A Stock Market Opportunist

Stock Operation Course KL - Knowledge Imparting

Just finished Day 1 of the stock operation course where I shared many stocks, knowledge and strategies to all my Malaysian students. Today is a lot of people but I am so pleased to see everyone learning the new strategies I taught. The Malaysia stock market is small and not difficult but more importantly, the US market is a land of gold mine to really build your wealth. I will continue Day 2 and share more philosophical approach in attacking the stock market with conviction. See you all and thank you!

Register NOW for Free - Stock Analysis and Strategies

Ronald K - Market Psychologist - A Stock Market Opportunist