STI - K Turn

On Dec 19th 2011, I tested the market with real money to see if the downside would continue or if a technical rebound shall commence. I chatted on FB with one of my fans and gave him my plan for this week where I think a rally would start. On Dec 20th 2011, I made my post so that everybody shall witness what would happen this week. http://stockmarketmindgames.blogspot.com/2011/12/noble-chivalrous.html

To those who said that I am "Mr after event talker", if you would take the time to read the chats, that would help and reward you even you longed yesterday, because today you shall reap the profits and you are alert of this week's plan. I took my Dec 19th noble profits yesterday and longed back on this stock because I saw more bullishness in this stock and a K Turn in STI has just been spotted yesterday and NOT Dec 19th! I am currently out of all my positions in other stocks and only in noble. See my noble entry price and you shall know.

While I use my own money to find out the directions of the market, the amount of concentration and preparation work is something that no one had witnessed it. Personally, I think I had done a fair bit of posting my views using my own money to find out directions and sharing it with others. This is something that the public benefited from me and I don't collect or earn a single cent of out anyone. I would rather spent time testing the market, buy more experience and do constructive things than to waste it on unnecessary stuff. I can continue to receive the hatred comments but it just continue to prove that my blog rocks or people won't be visiting.

Ronald K - Market Psychologist - The Big Speculator

Noble - Chivalrous

Yesterday was truly a tricky day. I shorted noble and true enough it came down. However as I observed longer, the downside was checked and I quickly took my profits and went long an hour before the market close. Today this stock was chivalrous enough to reward me. I don't know what was the news but i saw something very significant in the chart which was yelling at me to long and so I just follow the chart's instruction. As I was watching, I also chatted on FB with one of my fans as I believe a technical rebound is around the corner. I am timing my entry for this perfect moment in what I think would come true.

Finally, there is no point in tracking me on what stocks I long or short. Noble was just one of the few counters I longed yesterday and there are some others I shorted, some others I longed and some others I cut loss. I am just fast enough to go in and when things turned, I am out again.

Ronald K - Market Psychologist - The Big Speculator

STI - Range

Today, I am looking to book some profits first and watch further. With some stocks in ranging mode, the risk and reward doesn't favor any trading.

Ronald K - Market Psychologist - The Big Speculator

Singtel - Fatigue

Singtel is showing some signs of fatigues. I believed some BBs had already taken profits while the others are waiting for the correct opportunity to put out shorts. Watch.

UPDATE 20/12/2011, 9:50PM

Woot! Singtel gapped down today after I posted 2 days back? Congrats to those who made it!

Ronald K - Market Psychologist - The Big Speculator

STI - Crucial

Today is the most crucial day to watch STI. Forget about all other days this week, but today will offer some insight. I don't know what will happen but I am watching with full concentration.

Ronald K - Market Psychologist - The Big Speculator

STI - Rankle

STI will continue to rankle investors/traders who longed yesterday. I truly believe it's not wiseable to swing trade unless one knows what he/she is doing. Just when stocks got cheaper, it could go at an even cheaper price for you. As I mentioned in my yesterday post, I prefer intraday trade. As of now, I am mixed and have no direction as of this time of writing, however should the trade conditions changed later on, I might be in to trade. Be cautious, suspicious as we are now in a critical juncture. A move in either direction will show itself soon.

Ronald K - Market Psychologist - The Big Speculator

STI - Volatile

Thanks for all the feed backs and comments I got for my previous post. Without those comments, I wouldn't know my blog would generated so much heat.

Anyway, STI had been showcasing volatility gaps this past week and it is not wise to trade unless you are willing to lose unnecessary money. Me myself, as I said, I don't mind losing and I love cutting loss as money is no objection to me. Has the major turn appeared yet? I have not seen it. Did that Dow negative160+ points last night affected me? Obviously not, because I think faster than the market. So what's ahead? Without so much volatility, I prefer day trading for the moment. I don't know when will the turn come, but I shall just trade what i see and see what I trade until that defining moment manifest itself.

Ronald K - Market Psychologist - The Big Speculator

STI - Opportunities

I timing my next entry to either add on to my current noble long position or a new position in other counters. This time round it shall be a bigger lot size as the market is showing some kind of a major turn. It could be long or it could be short. But this move shall give me the maximum amount of profits.

Ronald K - Market Psychologist - The Big Speculator

STI - Fearless

After cutting a few small losses today, I never go on weakening legs but instead continuing to monitor for turns where it came in finally during the last hour. During my last seminar, I mentioned averaging up was a better option and from the screen shot, you can see that I bought noble at 1.17 and another batch at 1.175. Why I bought there? Because I saw a huge major turn that is forming and without any hesitation, I just went in fearlessly again. This time round, I scrutinized to the 1min chart for that inspection. The market had been very volatile with huge spikes and it was not easy to trade, even myself had to cut losses at times. But it just proved to be challenging and thrilling as it challenged my burning desire to beat the game and my quest for knowledge on this never ending game.

Ronald K - Market Psychologist - The Big Speculator

Yanlord - A Small Loss

I just took a small loss for Yanlord. Just when BBs showed me that they were in and when trade conditions doesn't warrant a profit. I prefer to take a small loss and protect my profit first before continuing my operations.
I will never hide when I made a loss. It's part and parcel of the learning process.

Ronald K - Market Psychologist - The Big Speculator

STI - Hands Off

Today, I shall watch the market and not do anything. The market was very volatile last night with big swings up and down. The best action for today is no action. If one really needs an action, buy for a bounce.

Ronald K - Market Psychologist - The Big Speculator

School of Mind Games - Testimonial 5

I received my 5th testimonial this morning. Hey Mr Lee, you got it almost right. Practice more and you shall see the truth; you will surpass me one day. Just make sure you don't let the BB kill you.

Ronald K - Market Psychologist - The Big Speculator

STI - Be Wary

The market is due for a very big move to come. One wrong move might just deplete your funds. Be wary and alert.

Ronald K - Market Psychologist - The Big Speculator

Midas - BBs Activity Detected

Watch Midas today. BBs are churning activities.

Ronald K - Market Psychologist - The Big Speculator

Sakari - The Maneuvered Breakout

On Nov 30th, I saw bullishness in Sakari as it was preparing for an eminent break. On Dec 1st, I told one of my friend about the bullishness about this stock and on Dec 2, he longed. The rest is history. I actually saw bullishness on 25th Nov 2011, but I cannot confirmed until Nov 30th where the bullishness was confirmed. Want to know why it was due for breakout? Email me.

Ronald K - Market Psychologist - The Big Speculator

STI - U Turn

Today, the market might just open with some selling first and trend up thereafter. We shall see.

UPDATE 6/12/2011, 10:02AM

Ronald K - Market Psychologist - The Big Speculator

KepCorp - Weakening Power

Keppel Corp looks exhausted. Watch.

UPDATE 2/12/2011, 8:39PM

Wow, the trade conditions changed after I came back from shopping. KepCorp just turned strong after I saw the chart. Woohoo!

Ronald K - Market Psychologist - The Big Speculator

STI - Momentarily Turn

Watch the momentarily turn to the upside now.

UPDATE 2/12/2011, 9:47AM

Ok, I was dead wrong on this call. It was a weak turn. I am out to shopping. :)

Ronald K - Market Psychologist - The Big Speculator

STI - Boring Day

Yet another boring day for trading today. I don't think I am going to see much movement to the upside or downside. This is my personal view, however, if one needs to trade today, select the big caps, they have wider ranges.

Looking at the STI chart, it's rankle with many gaps up and down. It is definitely the most volatile period I had ever witness. One wrong move might just deplete your funds. I waiting for the moment to long this market again. It could be today or next week. I shall post.

Look at the STI charts, see the circled red gap area. Ask yourself how many times can you survive if you get a few wrong moves. Compare the current situation with the situation a few months back and you shall get what I mean. Best advice? Preserve your bullets till the time is right. I am just lucky enough that I still managed to get out of the woods with a few mini losses. However, in the long run, if one is not careful, and with emotion attached, all will be gone.

Ronald K - Market Psychologist - The Big Speculator

STI - No Chase

I am not looking to chase after rising price today.

Ronald K - Market Psychologist - The Big Speculator