Trading Techniques   

Getting Started

hmm...okay, my 2 cents on some of the most important rules in helping me continue to be profitable ever since I've invested in equities.

1.  Learn to dissect "rumours".  The wrong ones can hurt you bad.

2.  Understand the bid and sell volume action.

3.  Try to understand how the operator plays the counter.  Be a contrarian.

4.  Do not second guess the market.  The market is your friend.

5.  Learn how to use the Squeeze.

6.  and perhaps the most important - Cut losses QUICK, and let profits RUN.  Be methodological about this.

Good luck.

 

 

 

I have a simple question. I am puzzled with some stocks, that have no buyer and seller.

 
Is it possible to buy them or sell them? if not, then why do they exist in the first place?

 

May be, somebody can help to answer.

 

no doubt following the portfolio is a good method.

but ...

1. how many would have a friend that has a managed account?
2. how many friends out of 1) would divulge their portfolio?
   

And the brokers managing the account are just doing a job, its not their money, though they are responsible for it. Somehow its a different mindset when you are handling others money, rather that your own.


Following the broking firm is still similar to "waiting to be given fish", so i feel its best that we still "learn how to fish". This way, at least we will be in control, not to mention also that we are learning something along the way.


 

 

My trading technique is quite simple. I follow the portfolio of my friend's MANAGED ACCOUNT with a broking firm. I allot a sum and divide it into 5 portion. Thereafter i used each portion to buy whatever they buy. However i took profit whenever each stock rised 20%. By trading in this way, i have made quite a tidy sum. Maybe some experts here can offer some ideas on the risk that accompany this technique. Tks

 

Thank you, Tiandi for the information...

You're very helpful... :)

 

Understand that if you sell dividen shares on Ex Date, you are still entitled for the Dividens. Right? YES


Does this applys to buying of dividen shares on Ex Date, you will still get the dividens?
No,  on XD date, the buyer will NOT get divident. 






 

 

Understand that if you sell dividen shares on Ex Date, you are still entitled for the Dividens. Right? Does this applys to buying of dividen shares on Ex Date, you will still get the dividens?

 

a quick way is to look at Channel 5 teletext page 255, u see divident and Ex-date for all the counters. 

or goto www.sgx.com for full announcement but it take sometime to find.
 

 

Anyone can advise when is the last date to buy CD shares. Is it on Ex date? 

 

IreneL is right...

Stock trading is not as easy as it appears... it can be an extremely stressful activity.

Better to pick a good stock and do a "long-term punt" on it...


ie. buy it at a reasonably low price and hold it long enough until a substantial gain is achieved, then sell it.

 

NB. It's a 'long term punt' because we can't really tell whether a stock will go up or down after we buy into it. 

 

That is why I usually refer to contra as guerilla warfare - you strike and run. To me contra is strictly not investing, it is gambling.

 

You can attempt contra trading but here's the caveat - only if you have the time to glue yourself to the screen, be finger-nimble and get out quick the minute you make some money! Its not for everyone though. And dont ever think of getting rich this way. There is hard brain work involved in trading in the stock market. Happy trading.

 

Agreed. However contras is slightly better than shorting. Contra = T+3 but shorting only T with no limits on loss theoritically.

 

think you have to add one point...

Never ever do contra.... The turn around time of T+3 is much too short 

 

I am also new to investing so take my views with a pinch of salt; it may turn out to be a case of the blind leading the blind.

Suggestion 1: reading some simple investment books to get a feel of how the market works

Suggestion 2: learn some simple technical analysis especially those used by your brokerage

Suggestion 3: read forums like this, there are gems in here contributed by experts who had gone through the same road

Suggestion 4: decide if you want to punt or invest; important because higher risk with punt but more exciting and (if lucky) faster reward, while investing is lesser risk with slower albeit potentially bigger reward

Suggestion 5: At risk of sounding like a broken reward, cultivate discipline, discipline and more discipline. Literally program yourself to be like a robot, act on instruction devoid of emotion. From my limited experience, greed (aka chasing for bigger profit) is the biggest enemy especially for punters. I had paid my fair share of 'school fees' just to learn this important point.

Suggestion  Rule 6: Always (I repeat, always) buy stock within your means. To put it bluntly only buy what you can afford to loose. Unsecured personal loans are not to buy stocks, remember banks are not your friend, they are your worst enemy. Leave margin trading to the experts.

 

The above is from my personal experience and hopefully it helps you. Maybe the sifu from this forum can add more or correct me! I am all ears!!!

 

 

Hi, i am a newbie in the financial market. Just been reading the very basics and i find that there's so much information available that i dun know where to start. Any body got any advice or step-by-step guide to learning how to invest??