STXOSV - A Small Trade

Just when Peter Lim's stocks take a breather, some others are on the rise. The SMMG Club is making serious money at the moment with most of the heavy pennies stock. As for me, it's no difference, of course I am participating with them. Above is just a very small trade of STXOSV to cover some mini commission. More to come soon! Watch out!

Ronald K - Market Psychologist - The Big Speculator

STXOSV - Student Shorted!

I was pretty busy these days but still I take some time to answer and help my students along the way during my slight free time. A student shorted STXOSV yesterday and to give him confidence, I told him it's a good short because I would have shorted it too if I saw it yesterday. Today the stock came off and he covered with profits. Good work!

Ronald K - Market Psychologist - The Big Speculator

Keppel Corp vs STXOSV

Yesterday, a friend of mine emailed and he wanted to know if KepCorp is a better short or STXOSV? I replied to him that KepCorp is a better short. When I saw the chart of Keppel Corp, I only saw BBs short selling and no profit taking yet. However when I looked at the STXOSV chart, I saw short selling too, but more on profit taking which cause a slight rebound to happen today. To beat the game, we must understand the short selling and profit taking process.

Thanks for the concern to all my fellow fans who emailed me on my losses. I was not upset on the losses, in fact, I don't feel a thing. The only thing which upset me is I made a big mistake on the chart. I can make many small mistakes, but I seldom make on a big one and so therefore I paid the price. Losing money and cutting losses had already no effect on me as I am already numb on it, but if I lose confidence, I lost everything including my dignity.

Ronald K - Market Psychologist - The Big Speculator

STXOSV - Bull Trap

Those who are longing this stock be on alert, I think it's a setup to trap traders/investors to buy this stock and when the BBs in this stock let go their buying bids, it will then due for a downfall. Watch.

Ronald K - Market Psychologist - The Big Speculator