Another great yet solid punt last evening in the Nasdaq. The market was ranging the whole night until the last 10 minutes before market closed where it suddenly jerked up. Surprisingly, a lot o underlying penny stocks are moving and some power house were up like 2-3% too which exuded some strength of buyers supporting the stock. For me, it's simple, coffee first, quietly look for a great stock where I loved the chart and execute at perfection. It was $7,182,687 USD last evening worth of trades and the profits kept pilling up. I won't rest until I get what I wanted. Let's see the next trade.
Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
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Tuesday, August 1, 2023
Ron K - Another Massive Punt in a Ranging Market
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Saturday, July 29, 2023
Ron K - Punting on an Uptrend with $7,519,859 USD
The market moved higher and it was fierce as the uptrend continued. One day it was up and sold all the way down while the next day it gap up and continue all the way up before simmering it a little. At the peak, the market suffered some major selling because it touched the supply zone and soon there was a profit taking which took place. All these were pretty easy to read based on the strategies I taught and the job was to execute trades and that's all. I am one cut above the rest not because I made $$. It's more on my trading frequency in big $$ down every day and making sure I don't miss opportunities. Another great day, another great profits. Looking forward to the next.
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Friday, July 28, 2023
Market Hot Selling - Punted $4,069,733 USD to Profits
Punted $4,069,733 USD in the market last evening while the market was trending up the whole night before it got slaughtered madly with bulks of heavy sellers. The point where the selling happened was where buyers were kinda tired and sellers started to test the market by putting out shorts. Indeed, the selling continued the whole night and never end because it was fierce and powerful. Many stocks retraced from their high and never recovered. Another great night for me as I just touched down Singapore and profited again from the stock market.
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Thursday, July 27, 2023
Ron K - Trading In Japan and Hong Kong
Just finished my trip in Japan and Hong Kong and all I can say is I was extremely driven and was trading almost every other day. It was supposed to be a holiday but it turned out to be a trading competition where I made some great strides and perfect 100% win rate. At certain point, my trades turned against me and soon the next day, everything reversed while my losses turned into profits. It's definitely not easy to trade while travelling especially punting big volume down. Well, I still managed to get the job done with high accuracy and most importantly, everything is fully paid by the stock market.
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Friday, July 7, 2023
Ron K - Month of June 2023 Trading Activities
Trading has been superbly crazy in the month of June. Look at my trading volume on the attached, it's absolutely mind blowing with so much zipping in/out. I was sharing with a group of traders on how I trade and what I did to get myself prepared during all big trades and their eyes were so filled with passion on wanting to be the best version of themselves. It's not easy to get 100% accuracy hitting the right stocks at the right time but with a driven and sharp mind, everything is possible. I look forward to July with more trades like this but I doubt so because I will be travelling soon. Let' see.
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Thursday, July 6, 2023
Ron K - Tough Trading in a Down Market
Market wasn't that great last evening. The market went very fast high up first and then slowly started to simmer off while many underlying stocks were crumbling down. Of course, there were also great stocks that bucked the trend like Meta. Bought like $3,800,000 worth of stocks earlier and my stock went all the way high up before taking a smaller break. Decided to swing the stock as there was still strength even though the Nasdaq suffered 2 bouts of profit taking. The top 30 stocks were mostly red but if you trust your foresight, it shall all be glory in the next few days. Let's see.
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Wednesday, July 5, 2023
Nasdaq 100 - Why I Scalped and Unloaded?
It's a public holiday and the US stock market was half day trading but there was a gush of last wave buyers trying to cheer up stocks before selling it down. I witnessed that particular maneuver and did a scalp trade on July 3 which made me some handsome profits. It's wins after wins while the market gets tougher near the top.
I believe it's a good idea to not hold any positions overnight should the market entered into public holiday mode. Traded very small like $1,629,000 USD but nevertheless till got the job done with great $$. Had a good puff of cigar to celebrate all the wins I made last month and this month start. Looking to the next trade.
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Saturday, July 1, 2023
Nasdaq 100 - Inflation Data Cools, Time to Unload with Total $7,161,900 USD
The inflation data reading was pretty solid last evening and the market responded to it with an upheaval up move. As it trended higher, it was then met with sellers at the supply zone where they started to lock in profits for the weekend. It was such an easy prediction especially I was having coffee in a cafe and doing preparation work for my stocks and for my traders to profit with me.
Another great night with $7,161,900 USD down the market with ease. The market has so much opportunities so why waste it right? I will trade until the trend breaks and until I see there is no more big whales willing to buy at higher price.
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Tuesday, June 27, 2023
Nasdaq 100 - Broken Line of Defense, Traded $7,664,421 USD
The Nasdaq's price action was so tricky last evening. It went up first and then swung all the way down the whole night. The process of price running up was a fake breakout because it was so steep and furious that buyers got caught in chasing higher prices to only realized that it tumbled all the way down. Tesla, Nvdia, Google, Meta and all major big tech experienced major selling across the board because traders were all looking to take profits in the recent rally. Me myself as usual, trade $7.664,421 USD down the market with confidence because I bought way before the fake breakout and sold near peak. It's getting tougher and it's time to maybe take a break?
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Saturday, June 24, 2023
Nasdaq 100 - The Toughest Market, It Crashed?
It was one of the toughest and harshness market last evening as the market gap down, recovered with extreme choppiness before selling down again. It's one of the worst market condition to trade and still I managed to outperformed and made $$ out of it. It takes a lot of experience and confidence to trade on a down trending market while one small mistake might just wiped out all of efforts of work. The market looked like it was about to crash and it did so the last 45 minutes before market was about to close. 10 minutes before market closed, there was a long breakout to the top before it gap down big time which caused the market to sell down lower. Traded $7,281,000 USD down the market in this extreme tough condition only solidify my mental strength and technical skills. I am so looking forward to next week's market.
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Friday, June 23, 2023
Nasdaq 100 - A Dead Cat Bounce?
The Nasdaq just experienced a rebound yesterday with superb run up. Is this rally a dead cat bounce or the start of the another rally to come? That 5 min chart accumulation looks unreal but it rebounded anyway while the overall market sentiment is still pretty soberish due to the continuation of the rates increase from the Fed. Another trade in the books as I sold some shares during the rally last evening. Many stocks were indeed going red instead of turning green. Only the big blue chips were green while the rest were pretty mix. I guess any traders haven't got a chance to digest the interest rates and the inflation data readings yet. Well, I am looking forward to my next trade.
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