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.
Noble Group ran further today. The stock just continue to rise and managed to sell 500 lots at 0.171 after opening. The stock then soared to a high of 0.179 now and it looks like the bull has not end yet. I am not sure how far it can go but the decision was to book profits in the morning and rotate to the next counter. Longed 0.163 and sold 0.171, not bad for a 1 contra day job with $4000. The stock had a major support in the minute chart I drew. Will watch for the next turn. For those who are coming next Tuesday, do remember to bring a pen and paper to copy down the stocks I will be sharing.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
This lady student of mine is an amzing fast contra players. Her forte is zipping in/out fast in penny counters and this time round she traded 900 lots of Rowlsey at 0.133 and got out at 0.136 with a $2700 profit. Rowsley is now 0.134/0.135 with some reactions. I am glad once again that this penny season is not wasted with many of them taking actions and get the job done. Congrats and keep up with your good work in Contra trading.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
Today I used what I shared and taught yesterday during my private session on scripts collection to live trade a hot stock, Alliance Minerals. Alliance had a lot of scripts collection yesterday and this morning 2 times at 0.128-0.129 before the stock shot up to 0.138/0.139 where most of us locked in $$ there. For those who came yesterday and today, you all should picked up a new skill of scripts collection and saw it LIVE earlier on how scripts collection can aid you in your short term trading. Congrats everyone on making $$ in a few minutes and see you all soon again.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
Last evening was a good sharing session. Many things were shared and I elaborated a lot of the collection of scripts. Scripts collection is an important part of stock trading and is often a missing element in the chart for the naked eye. Hence I thought it would be wise to showcase how it works since I am pretty experienced on this subject. I am glad that everyone took back something and happy with a new found knowledge. I will be watching the market LIVE with you all later, don't miss it and let's make some $$ together!
Ronald K -
Market Psychologist -
A Stock Market Opportunist
In this part 2 of my interview with my best student, he shared how he made extra $30,000 to turn his account into $170,000 now and what he did for his preparation work on a day to day basis before the market starts. Dedication, hard work and working on his emotion skills during this penny season is all he took to get the job done. Congrats!
This will conclude my series with him for the moment as I will drive and help others achieve their dream on trading stocks. If you are interested to learn how this student did it, do register below for my event next Tuesday.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
Finished another trade at Spackman with 1200 lots. Zipping in and out for short term trade with some fast contra profits. The stock has been hot for the past few days and this could be a last chance not to be missed. Rotating to the next stock soon.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
It was a good week last week with Alliance Minerals having a superb run where the stock just shot through the roof with so much buying activity. I was off and decided to not watch the market actively but this one good run is a lot of $ to be made. As the run in Alliance was furious, I wanted to know where would be the final high before any selling would appear and hence I found it. It was around the 0.131 region and on Friday, Alliance hit a high of 0.129 and suffered selling to a low of 0.117!! Refer to the minute chart above.
In fact, I conducted a LIVE trading before I decided not to watch the market. During the LIVE Trading session, Alliance Minerals was one of the stock pick and all of us who attended witness the run before the stock just continue to shot through the roof. I am glad that my students took action and made $ out of it. Attached were just some trade records and there are more which I dont want to flood my blog with trade records. This Alliance run was amazing but the more amazing thing was on Sep 26, a Whatsapp alert was given to all SOMM Members when Alliance was trading at 0.092-0.093 where I already knew the stock is a rocket stock which big $ could be made. The next day, Sep 27, an announcement was then published by the management as there maybe in talks with Temasek.
Well, during this time of off period for me, I received many email requesting for my workshop and hence I decided to conduct one next Tuesday. If you are interested in short term trading and spotting the right stocks, kindly register below. I will be having a private sharing session tonight and will be doing my next video interview with the gentleman who made $140,000 to now maybe $170,000 on how he succeeded in the Singapore stock market. I will post the video and pics up later.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
