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Well... up to you to believe me or not.
But I'm pretty convinced he is the banned person due to the same pattern of posting and wording of sentences. That kind of habit is very difficult to change.
richtan ( Date: 18-Aug-2009 14:20) Posted:
Hi pikachu,
My gut feel is risktaker is not tat banned person as so far from my observation, risktaker does add value to this forum with substances n share his/her FA n TA with logical reasoning (imo) but still dyodd n BOSAYOR after reading anybody's analysis or write-ups.
pikachu ( Date: 18-Aug-2009 10:24) Posted:
Yes I know all that. I suspect risktaker is newtothis. The style is exactly the same. Always talking about his friend is BB and how they are going to do this/that to a stock.
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JMO, I very much doubt so as today's white up candle is a reversal candle with higher vol and quite similar to 16/6/09 and even much better than it, but still dyodd n BOSAYOR
bennykusman ( Date: 18-Aug-2009 23:49) Posted:
any chance it will drop first ?
risktaker ( Date: 18-Aug-2009 23:44) Posted:
so maybe in the morning i shall sell off my genting and hammer 500 lots into midas ? |
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Normally i used leverage buy and sell based on FA, ema, william%, stochartis and bollinger bands. Midas' TA look good to me.
Hey..i thought u going to keep your Genting till November, why suddenly u change your mind.
risktaker ( Date: 18-Aug-2009 23:44) Posted:
so maybe in the morning i shall sell off my genting and hammer 500 lots into midas ?
yipyip ( Date: 18-Aug-2009 23:39) Posted:
Today Midas closed $0.850, has slight breakout 15ema ($0.849 indeed), (25ema is $0.836) and hold above $0.835 supporting level ! |
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any chance it will drop first ?
risktaker ( Date: 18-Aug-2009 23:44) Posted:
so maybe in the morning i shall sell off my genting and hammer 500 lots into midas ?
yipyip ( Date: 18-Aug-2009 23:39) Posted:
Today Midas closed $0.850, has slight breakout 15ema ($0.849 indeed), (25ema is $0.836) and hold above $0.835 supporting level ! |
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so maybe in the morning i shall sell off my genting and hammer 500 lots into midas ?
yipyip ( Date: 18-Aug-2009 23:39) Posted:
Today Midas closed $0.850, has slight breakout 15ema ($0.849 indeed), (25ema is $0.836) and hold above $0.835 supporting level ! |
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Today Midas closed $0.850, has slight breakout 15ema ($0.849 indeed), (25ema is $0.836) and hold above $0.835 supporting level !
today up bar on higher vol than yesterdays'..
good sign.. lets hope for more upbars on even higher vol..cheers!
Midas indeed did a bounced up from the 25ema just like the candle on 16/6/09 and even better than it and formed a reversal white candle on higher vol than yesterday
richtan ( Date: 18-Aug-2009 14:44) Posted:
Midas is now doing a bounce up from the 25ema just like the candle on 16/6/09 and even better than it.
Thus why I always emphasise the reason why I always based on EOD data to avoid intraday fake-out, but of course, it is still anybody's guess as it might close and break below the 25ema, but even if it does, it may still be a fake breakdown, thus why I also always only exit if it hit below my exit point for 2 continuous days.
richtan ( Date: 18-Aug-2009 12:11) Posted:
Why personally I insist based on closing n 2 days continuous, is to avoid fake-outs, eg take a look at 16/6/09 candle, the next day after shaking out those panicky, it shoots up, to get wat I mean |
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Reversal white candle formed today with higher vol than yesterday
richtan ( Date: 18-Aug-2009 15:18) Posted:
Vol is fast catching up with yesterday's vol
richtan ( Date: 18-Aug-2009 14:48) Posted:
No prize for guessing right, since I dun exit, I m a buyer just now, bot at 0.83 but will exit if it hit my stop-loss below 0.835 on closing for 2 continuous days |
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Just as I thot. Only hot air.

risktaker ( Date: 18-Aug-2009 09:31) Posted:
Short leh 0.82 lol i want to cover my short @ that value leh
risktaker ( Date: 18-Aug-2009 08:44) Posted:
Today will hit $0.82 at least |
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I only hope i can still catch Midas at $1.1-$1.2 when i sell off my genting. Anyway i will still invest in this gem :) Only holding 150 lots. Targeting to buy till 500 lots.
maseratiq ( Date: 18-Aug-2009 15:44) Posted:
Same as I....haha. I have a lopsided Genting/Midas ratio.
risktaker ( Date: 18-Aug-2009 15:37) Posted:
once i sold my genting i gonna hammer all into midas :) |
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Same as I....haha.
I have a lopsided Genting/Midas ratio.
risktaker ( Date: 18-Aug-2009 15:37) Posted:
once i sold my genting i gonna hammer all into midas :)
Sporeguy ( Date: 18-Aug-2009 15:32) Posted:
Thought of buying 10 lots, but after studying that MA55 is getting closer to MA21 from the bottom, it looks like MA55 will cut MA21 from the bottom in about a month's time, so wait and see. |
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once i sold my genting i gonna hammer all into midas :)
Sporeguy ( Date: 18-Aug-2009 15:32) Posted:
Thought of buying 10 lots, but after studying that MA55 is getting closer to MA21 from the bottom, it looks like MA55 will cut MA21 from the bottom in about a month's time, so wait and see. |
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Thought of buying 10 lots, but after studying that MA55 is getting closer to MA21 from the bottom, it looks like MA55 will cut MA21 from the bottom in about a month's time, so wait and see.
Vol is fast catching up with yesterday's vol
richtan ( Date: 18-Aug-2009 14:48) Posted:
No prize for guessing right, since I dun exit, I m a buyer just now, bot at 0.83 but will exit if it hit my stop-loss below 0.835 on closing for 2 continuous days.
richtan ( Date: 18-Aug-2009 14:44) Posted:
Midas is now doing a bounce up from the 25ema just like the candle on 16/6/09 and even better than it.
Thus why I always emphasise the reason why I always based on EOD data to avoid intraday fake-out, but of course, it is still anybody's guess as it might close and break below the 25ema, but even if it does, it may still be a fake breakdown, thus why I also always only exit if it hit below my exit point for 2 continuous days. |
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No prize for guessing right, since I dun exit, I m a buyer just now, bot at 0.83 but will exit if it hit my stop-loss below 0.835 on closing for 2 continuous days.
richtan ( Date: 18-Aug-2009 14:44) Posted:
Midas is now doing a bounce up from the 25ema just like the candle on 16/6/09 and even better than it.
Thus why I always emphasise the reason why I always based on EOD data to avoid intraday fake-out, but of course, it is still anybody's guess as it might close and break below the 25ema, but even if it does, it may still be a fake breakdown, thus why I also always only exit if it hit below my exit point for 2 continuous days.
richtan ( Date: 18-Aug-2009 12:11) Posted:
Why personally I insist based on closing n 2 days continuous, is to avoid fake-outs, eg take a look at 16/6/09 candle, the next day after shaking out those panicky, it shoots up, to get wat I mean |
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Midas is now doing a bounce up from the 25ema just like the candle on 16/6/09 and even better than it.
Thus why I always emphasise the reason why I always based on EOD data to avoid intraday fake-out, but of course, it is still anybody's guess as it might close and break below the 25ema, but even if it does, it may still be a fake breakdown, thus why I also always only exit if it hit below my exit point for 2 continuous days.
richtan ( Date: 18-Aug-2009 12:11) Posted:
Why personally I insist based on closing n 2 days continuous, is to avoid fake-outs, eg take a look at 16/6/09 candle, the next day after shaking out those panicky, it shoots up, to get wat I mean |
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Hi pikachu,
My gut feel is risktaker is not tat banned person as so far from my observation, risktaker does add value to this forum with substances n share his/her FA n TA with logical reasoning (imo) but still dyodd n BOSAYOR after reading anybody's analysis or write-ups.
pikachu ( Date: 18-Aug-2009 10:24) Posted:
Yes I know all that. I suspect risktaker is newtothis. The style is exactly the same. Always talking about his friend is BB and how they are going to do this/that to a stock.
richtan ( Date: 18-Aug-2009 10:07) Posted:
Remember, BBs are not GOD, there are many instances in the past where BBs (aka fund manager, syndicates) being also caught off-guard and lost money too.
A serious trader always one of the 3 golden mantras: "Plan your trade n trade your plan", set your stop loss, never be emotional, be mechanical and ignore all these noises" |
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No.... no... no... dun trust anybody, not even me (nah, I dun mean I dishonest, lair or with ulterior motive, I m a man of moral values) as my analysis may be right (but mkt still turns against me) or wrong, thus why I always "Plan my trade and trade my plan" n set my stop-loss.
Furthermore, everyone has their own trading strategies (short, mid or long-term) n different threshold of pain and buy/sell at different price levels, so dyodd n BOSAYOR.
One thing for sure to me is I always remember by heart, the 3 golden mantras, my guiding mentor.
risktaker ( Date: 18-Aug-2009 13:23) Posted:
one last thing to add. Especially with Midas. I dont dare to short much because anytime he will release NEW CONTRACT. Then Jia lat. So Buy & Hold you have no problem :)
Maybe tomorrow open market midas annouce new orders or contract :) Which is very possible. Then price shoot up by 10 cents.
Anyway buy & hold trust richtan on this one
risktaker ( Date: 18-Aug-2009 13:13) Posted:
Reasons why the rally should Hold & carry on:
1) Market cannot afford to have another Big Fall. Valuation & portfilo of companies will drop and resulted another big lost. (Stock market is another key indicator for economy) - yes it will correct but not a major fall like yesterday the correction or profit taking is over done. 2) Germany, France, Japan, Hongkong all benefit from recent China Shopping trips & Self stimulus program. Are out of Recession. 3) US manufacturing index has risen to 12%, this will create new jobs and help to ease the unemployment rate in the US. This is one key factor we are looking here. 4) Companys that have huge room for growth & good FA. There is no reasons this share will not rocket high in near term. 5) Yesterday Market has already oversold. With Crisis easing, the market are preparing for another round of rally in Oct. We are still looking DJ heading towards 10,000 year end. 6) Main key causing factor housing has seen improvement. 7) US will be out of recession by Q3 as expected by many analyst including myself (with all the datas i have).
Buy & Hold :) However only those coy that has good FA and strong solid fundamentals. Those who have rally back to their pre-crisis price expect some major correct. Those lagging ones "HUAT AH"
Usually quite safe to enter after 3 days of selling.
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