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.
The sellers at pre market retreated and the buyers came in to sweep up the index. As the STI had been down trending for 5 days, like I posted earlier, it touched that temporarily floor first where buyers were waiting there and now we see a strong gap up from that demand floor. This is one of the strategy in my cheatsheet where it's easy to make forward prediction using the bounce. I will be sharing more later and giving out my cheatsheet later too. See you all later.
After 5 days of selling in the STI, it looked like a bounce up is happening today. The market had been down trending due to HSI suffering some selling while STI followed the Asia market. However, looking at how the index moved yesterday, it seemed as though the buyers might be coming back today. I am not sure how high the bounce can be, but a short term rebound could be here. Might be trading the STI index later in the CFD. See the horizontal line drew, it's a demand level near the floor. Let's see what happens at 9am.
The market move stagnant today. Most stocks jammed or either sold down a little. It might be another boring day again since this is an important week for the US. Look at the Top 30, most oil stocks after the good news 2 weekend back gap up and then simmered down. Tee Intl is not moving but instead down again. This is a counter that you don't want to touch at the moment since the company hasn't resolve their internal issues yet.
The banks were also pretty down a little as their movements just stay stagnant and overall I think the market is waiting for a stabilizer to revitalize the whole movement again. I am trading US stocks lately as the movements there were a lot and pretty easy to spot movements. Other than that, I will just keep doing my cheatsheet and release it step by step for anyone who wants to improve their trading skill and improve their finance.
Watch the full LIVE video as it was another epic of my LIVE Trading where I chose the right stock for shorting. I enjoyed helping the people who sincerely needed to know how to pick the best stocks for trading. So many were happy as they made $$ LIVE with Ron K. I want to thank Mr wu, James, Nicky, Steve, Agnes, Shawn, kc, Sebastian for coming down to trade with me. I hope you guys saw how I picked stocks LIVE and how my stringent selection of stocks was the master key into making profits within a short period of time even though I lost some $ in Micron.
Here, I want to let you all know that I haven’t been sleeping well for 4 days already and to be able to still perform, I can only tell you for every event and trading session, I always put my 120% max effort even though there was nothing much earlier when the market opened yesterday. Congrats to all your profits.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
Went LIVE Trading with some of my traders last evening. It was a good night as we shorted Netflix while the stock tanked down 6%. The Dow Jones was trending higher but if you select the right stocks for shorting, it doesn't matter if the overall general market is bullish/bearish, the stock will still collapse and that was the case for Netflix. The art of picking a good stock for trading is getting more and more useful and important when trading for good profits. So last evening, we shorted Netflix and I have many of them profited while some did not took actions. More bad news from the CEO of Netflix AFTER we shorted which caused the share price to tank down lower.
One of my trader could not make it but still managed to make $440 USD in a short time frame by selecting the correct stock for shorting. I can sense and see many of my traders are getting the hang of trading and some are really getting skillful in their craft. Very soon, I might need their help instead of me helping them. I really like this trader who missed the LIVE Trading session because even delayed at the airport, there wasn't any excuses not to take a trade where he still managed to trade Roku and made some good profits out of it with small positions. Just when I needed some traders as posted in my Youtube video, I got everyone under my wings. Could this be the law of attraction?
Just as my previous post on my Youtube video that I am looking for a good trader, one of them appeared so fast. I studied his trades. Small positions but it's pretty impressive. I cared about the wins of course but I pay more attention to the fighting spirit and the stocks selections. For example, see Roku, the stock had bearish signals on Tuesday evening and gap down heavily on Wednesday evening. It seemed as though Comcast is giving free streaming service which is competing with Roku and hence the price tumbled. But that's after the news released where I preferred a trader to short before the actual news released. Lost $ is normal for a trader but I think the will and confidence to fight back is very important for future progression. Congrats and good job!
During my free time, I love reading history books, I love to enjoy quiet times and good food and also good accompaniment. Less talking, less distraction and just stay quiet. Over the years, I had seen people come and go while I also saw many of them making $ under my wing and wanting to succeed even more.
Seeing their progression really made me want to help and drive them further. So as I am entering my 16 years to trading and teaching, I am looking for some good traders who can trade for me and wants to make $ badly. So if you think you have the qualities, email me and let me know. Subscribe to my Youtube channel below.
Last weekend after the oil attack news broke out, oil related counters gap up like crazy but to only realized that all the frenzy buy up was now simmered. Look at the Top 30 Volume and look at the Sembmarine chart. After that gap up, it all simmered where sellers were looking to sell and buyers were not there yet. That's why I always said, it's very risky to chase the market on good news. A right thing to do is always sell on news. Sembmarine had been down for the past 4 days and looking at it now, it might have touched a short term demand zone. I wouldn't want to short now but wait for the next opportunity again when the signals appears. There was supposed to be an oil rally but it just did not happen and while the market is quite high, let's see what's next for now. Thanks all for registering my cheat sheet talk on Oct 1, see you all there where I will give out more secrets and my trading tools.
I just finished releasing my 1st batch of cheatsheet today. Those who came for my talk earlier, the short term trading cheatsheet that you took home are some of the finest and hottest trading strategies I penned down after 1 year of hard work thinking and trading. Please use it to your own advantage and use it for your next trade where it shall be beneficial for your winnings. Also, promise me to never share out to anyone since you all took your time to come see me today. The next cheat sheet released batch 2 will be on Oct 1 on my next talk. Registration is per below.
As a pro trader who had been trading for 15 years, I believe in simplicity and I encourage everyone to use lesser available tools in their trading arsenal than applying more complex indicators. There are a few tools I used everyday like Investing.com, my Cityindex platform and watching out for Donald Trump tweets. All these are essentials for gunning the market and watching out for market turning points.
As a trader, I am very sensitive to price movements and spikes which can cause market to move in one direction where profits can be escalated really fast. Hence, the tools I used are LIVE streaming as it's important to use them without delays for LIVE price movements. Watch the full video to learn more.
As per my last post in Tee Intl about the shareholder selling his Tee shares, the stock lifted trading halt and today it shot up even higher with a 4.3% gain.
It was a relief as the stock had been hit down hard by a series of bad news with suspension and halts. To see it rebound with a positive news, it's good again to trade this counter. See the 5 minute chart, there was strong bullish signals which caused the stock price to trend higher. I am watching for more signals before taking another long position.
The Federal Reserve cut rates again! Indeed, as posted earlier on my blog that the Fed would do a rate cut again, they indeed cut rates by a quarter point and it sent mixed signals to the market where traders did not like it and send the Dow Jones collapsing about -180 points. Even Trump himself did not like it where he just tweeted.
Using DBS as a benchmark to determine the direction of the market, it was easy to predict tonight's selling in the Dow Jones. And since one can predict the movements, then it's easy to short tech stocks or the Dow Jones itself when the market opened earlier at 9.30pm. Click below to see my post where I used DBS as a benchmark to know that the Fed would cut rate.
I will share more on how I do prediction using the short term trading cheatsheet for those who are interested to find out more on how to trade effectively. Interested parties can register on the link below.
When oil was attacked last weekend, it was a news that was released in the media where most of the oil stocks shot up in price like Rex and SembMarine. On Sep 6 when I studied Rex and Sembmarine charts BEFORE the oil attack news was released, I discovered something so peculiar in the chart, something that pique my interest to give me tell tale signs that it was about to break out. See the 5 minute chart of Rex, there were strong signs of support at the area of I drew. Then in the daily chart, there was this trading range that was about to burst into fruition which it did.
I had a lot of emails and people asking me: " Ron, how did you know and how did you make this prediction?" I answered: "There were strong collections and strong BBs absorbing the stock and hence it was about to run." However, the problem was the email explanation will never be as good as I explained it LIVE in person because during LIVE, I have the whiteboard and marker where I can draw the exact point of intersection and show you how it exactly works.
Hence, I decided to do a preview of this observation in the form of sharing and also release my upcoming short term trading cheatsheet where inside, it will cover all the details on how to spot these fine turning points of how to buy BEFORE a stock runs.
For those interested to come, learn and see it for yourself, the date will be on Oct 1st and registration is on the link below. I will only take in 15 people and once I have 15 people registered, I shall close the registration. Registration is on first come first serve basis and see you all there.
