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.
Went long on 400 lots of Rowsley on April 10th and today I was finally out at the same price I bought at 0.29. If I need to sum up my actions, I commit a mistake of chasing and paid the price of suffering reactions. Today Rowsley gap up, I don't know what's the news etc, but all I knew was from psychological point of view, it's time to either take a small profits or cut loss and run first. I sold my shares at 9:17am, 17 minutes after the market started and now it's down to 0.285/0.29. There were simply too much excitement and cheers which I don't favor and I am not going to risk and gamble that the stock would trend higher and so I decided to sell first so that I only lose commission.
I still remember CNA when it was 0.255 to 0.275 last year, it was the same, everyone bought on excitement and today the price was 0.069/0.07. Luckily at that time I gave a buy and sell call to book $$, all my students were delighted. No one suffers that day. Will this repeat in Rowsley? You decide.
What a day LIVE Trading with a bunch of enthusiasts who yearns and dream of making a killing and living from the stock market!! Reached the location at 9am and executed a trade in front of the biggest crowd ever on a Monday morning!! In fact, yesterday I had already prepared the stocks ready to run today and give it LIVE in front of 80 people! Two stocks, Mirach Energy and CNA were on our watchlist today for the intraday trade. Gave a call to all and many executed and made $$ in the afternoon as those 2 stocks suddenly took charge and galloped after 2:30pm - 3:00pm!
As the stocks were climbing and progressing upwards, at about 3:30pm - 3:40pm, I detected serious hidden selling and instantly gave a sell call to book profits so that customers can secure $$ without suffering reactions and they can close shop for the day. Within minutes, Mirach had a severe reaction from 0.182 to 0.174 at closing. All customers were happy booking right at the peak!! Confidence is something $$ can't buy, great job!!
Of course, I received many thank you SMS and I greatly appreciate them because it showed that they were happy with my FREE service. Nice intraday punting and making fast $$ guys!!
And finally, trade records were sent to me to indicate that they really traded and made $$. This feeling is better than me making money myself! I am very busy these days making $$. I will try my best to update the blog. Stay tune for part 2!
Ronald K -
Market Psychologist -
The Big Speculator
Was very busy today with some matters. Made a superb call in the public forum to first book some profits in CNA before I left and as good as it gets, CNA reacted from 9:39am when I made the call from 0.155 to a low of 0.145 today! Oh my, one could have saved 10 pips of unwanted reactions! It seemed like during the time when I made my call at 9:39am, the BBs were creating a culmination of excitement for public to buy on breakout so that they can unload at the high!
Ronald K -
Market Psychologist -
The Big Speculator
I am bullish on CNA, it seems like a further breakout is in the making. However, from the chart perspective, it looks like a little more time is needed for the stock to trend higher. The overall chart looks good and I am monitoring closely.
Update 9:27am, 13/2/2014
After making my post at 8:46am, CNA inched a little higher to 0.146/0.147!!
Ronald K -
Market Psychologist -
The Big Speculator
This time round, instead of 40 people who attended on July 16th 2013 three months back, there were 80+ people witnessing my calls LIVE before the market opened at 9:00am this morning! Seeing is believing. Read all the comments and watch the videos captured at the event earlier. Throw away all your technicals and fundamentals analysis to see the revelation.
Once again, history was made. Ronald K managed to picked 2 stocks before the market started at 9:00am. 80 attendees witnessed with their very own eyes and were dumb founded. The smoke screen salesman tactics to lure traders/investors in were all removed in this LIVE Trading because finally people get to see the REAL hardcore trading and what is speculation all about!!!
So earlier in the morning before entering the trading room, I was being captured by camera. In fact, I was already leaking out my plan for today to my PAs so that they were prepared to take in the trade orders if any. Good captured!
From walking to entrance, I was being escorted just to make sure I can work my magic. Had a small chat with the attendees and getting prepared for stocks selection. During the stocks selection process, I kept asking the attendees which stock was going to run and no had an answer for me. So the magic came at 8:59am when I gave Mirach Energy. The market then opened at 9:00am and the stock galloped in sheer seconds! Just to make sure the attendees did not caused the price to spike, the call was given at 8:59am instead of 8:45am. In that manner, they were all unprepared and the rising of price was caused by the BBs and NOT anyone in that room!
There were many calls given, Mirach and CNA were two main. Wilmar, Noble, Cordlife, Thbev, KS Energy, Liongold, Blumont, Asiasons, Innopac, etc were all analyzed during the class. The best part about this whole LIVE Trading was the outlook of the day, I told them it's going to be a mixed day at 8:45am and indeed the market did not had any major rally. Of course, some made on CNA, Mirach, Noble, etc..
And I just learnt that one of the attendees made $1150 in 5 mins with 10 lots on my Ossia call by naked shorting when I made a call on Oct 7th, 2013, 7:41am!!!
And when everything is set and done, the smoke had cleared and the dust had settled, they treat me like GOD, but I treat them as human. I am no GOD. I am just normal with a little more experience, that's all. Thank you all for coming, planning for the next big one in November! Appreciated all the MCs and leaves you took, hope I didn't disappoint anyone of you. :)
Ronald K -
Market Psychologist -
The Big Speculator
