
Sifu Pharoah88 's comment has validity too.
Especially in view of the fact that 'Technical Analysis' has evolved
to become a highly involved and even intricately academic activity in itself.
With so many arcane formulae and computations involved in the derivation of the indicators,
'TA' has indeed become a 'fashionable' activity for masses of traders.
But owing to the fact that most technical indicators are based on past data,
they are lagging and therefore not of much usefulness as a tool in gauging tomorrow's direction.
To be useful, an 'indicator' of price direction must be leading (as opposed to lagging).
But such an indicator does not exist in this world.
Thus, the notion of 50/50 chance or probability put forward by Sifu Pharoah is sensible...

pharoah88 .. you are talking about the flipping of a coin test as stated by Benjamin graham base on his intelligent investor. If the statistics to 3 times heads does not make a tails the next time more likely because it is a 50 - 50% chance of hititng. In this case, when you stupidly and naively gamble and place ur bets base on hearsay and rumours.. it applies to you as the trade either has a 50% chance of making or breaking you.. However, What TA does is not to entirely negate this effect.. TA helps you to gain more insight and minimize your % risk thereby increasing ur risk/reward ratio due to more information and knowledge.. y ou need FA and TA... fundamental and technical and seek confirmation before going in for the trade. Without either, if purely fa, you will have to wait and hold for eons in order to get some returns base on market conditions.. some companies never even takes off in one's life time till much later ... or you could just ta and lose money.. but if you use ta and fa,.. you know the main important point which is to enter at which level at what price base on data and trend/price movement rather then parking your money there and letting inflation eat at it.
Also, you have been quoting signals buy and sell volume trend since god knows when .. that in itself is technical... how can you say it is a 50% flip if you believe in it so much? rather, i suggest you you think about what you are saying carefully before posting.
Sorry for not posting recently and replying my pm's.. exams are 2mrw till next weke tuesday .. after which im back in the market full time till january 4th and school begins again :(
Happy trading all.
Btw, the best time to load up is base on historical charts, the lowest volume period..
however, you have to realize that the 1870's deflation and the 1929 depression went down with severe rallies on the way down too.. be prudent and watch the market.. don't lump everything into one prymaid.. i mean.. basket.
pharoah88 ( Date: 22-Nov-2010 18:07) Posted:
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epliew ( Date: 22-Nov-2010 18:54) Posted:
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epliew ( Date: 22-Nov-2010 18:54) Posted:
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AnthonyTan ( Date: 22-Nov-2010 18:51) Posted:
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LPPL = lan pah, pah lan ??????
sorry expert.....
your advice like LPPL ?
pharoah88 ( Date: 22-Nov-2010 18:07) Posted:
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iApple ( Date: 19-Nov-2010 07:38) Posted:
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maybe tomorrow morning, somebody will be kind enough to show us the market depth,,,,,,,
epliew ( Date: 22-Nov-2010 17:03) Posted:
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pharoah88 ( Date: 19-Nov-2010 16:15) Posted:
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good, i just giving a friendly advice, of course listening to master daniel.... the young man got lot of stuff ! it make us think..... if his family was so much affected by the market that he has depend on some social welfare..... how come we did not wake up.....
i meant it as a reminder for myself.....and some friends here.....
we all got greedy hence that is what happened !
rabbitfoot ( Date: 22-Nov-2010 17:40) Posted:
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STATISTICALLY
Going Up = 50% CHANCE
Coming down = 50% CHANCE
TA is as gOOd as
thrOwIng a cOIn ?
so need a friendly advice..... win back slowly....
do not rush in ......
iPunter ( Date: 22-Nov-2010 17:56) Posted:
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Stock | Code | i | Rmk | Ccy | Last | $Chng | %Chng | Vol | Buy Vol | Buy | Sell | Sell Vol | Open | Previous | Day Hi | Day Lo | Ind | Sector | Mkt | Off Code | Feed Code | COC BB | COC LD | COC BS | |
FreightLinks | F01 | i | -- | SGD | 0.095 |
![]() ![]() |
+0.005 | +5.6 | 127,497,000 | 5,542,000 | 0.095 | 0.100 | 27,263,000 | 0.090 | 0.090 | 0.105 | 0.090 | C,M | -- | SGX | F01 | FLEH.SI | -- | -- | -- |
Genting SP | G13 | i | -- | SGD | 2.050 |
![]() ![]() |
+0.010 | +0.5 | 53,100,000 | 1,398,000 | 2.050 | 2.060 | 6,348,000 | 2.060 | 2.040 | 2.070 | 2.040 | M | -- | SGX | G13 | GENS.SI | -- | -- | -- |
MDR | A27 | i | -- | SGD | 0.005 |
![]() ![]() |
0.000 | 0.0 | 44,521,000 | 17,884,000 | 0.005 | 0.010 | 225,670,000 | 0.005 | 0.005 | 0.010 | 0.005 | C | -- | SGX | A27 | MDRT.SI | -- | -- | -- |
TopGlobal | 519 | i | -- | SGD | 0.015 |
![]() ![]() |
-0.005 | -25.0 | 30,047,000 | 184,298,000 | 0.015 | 0.020 | 481,373,000 | 0.015 | 0.020 | 0.020 | 0.015 | C,M | -- | SGX | 519 | TPGB.SI | -- | -- | -- |
e Genting HK US$ | S21 | i | -- | USD | 0.450 |
![]() ![]() |
-0.005 | -1.1 | 28,604,000 | 263,000 | 0.450 | 0.455 | 1,695,000 | 0.460 | 0.455 | 0.465 | 0.445 | M | -- | SGX | S21 | GENH.SI | -- | -- | -- |
GoldenAgr | E5H | i | -- | SGD | 0.715 |
![]() ![]() |
-0.005 | -0.7 | 22,894,000 | 2,440,000 | 0.715 | 0.720 | 1,756,000 | 0.725 | 0.720 | 0.730 | 0.715 | M | -- | SGX | E5H | GAGR.SI | -- | -- | -- |
HSI23800MBLeCW101230 | MG2W | i | -- | SGD | 0.275 |
![]() ![]() |
-0.015 | -5.2 | 21,052,000 | 20,000 | 0.270 | 0.275 | 18,000 | 0.300 | 0.290 | 0.305 | 0.255 | -- | SGX | MG2W | HSML_te.SI | -- | -- | -- | |
GLP | MC0 | i | -- | SGD | 2.260 |
![]() ![]() |
+0.040 | +1.8 | 19,308,000 | 1,409,000 | 2.250 | 2.260 | 20,000 | 2.270 | 2.220 | 2.290 | 2.250 | C,M | -- | SGX | MC0 | GLPL.SI | -- | -- | -- |
Noble Grp | N21 | i | -- | SGD | 2.090 |
![]() ![]() |
+0.010 | +0.5 | 17,664,000 | 270,000 | 2.090 | 2.100 | 562,000 | 2.060 | 2.080 | 2.110 | 2.060 | M | -- | SGX | N21 | NOBG.SI | -- | -- | -- |
Roxy-Pacific | E8Z | i | -- | SGD | 0.405 |
![]() ![]() |
+0.030 | +8.0 | 17,625,000 | 629,000 | 0.400 | 0.405 | 54,000 | 0.390 | 0.375 | 0.415 | 0.390 | C,M |
You are right...
The stock market is a unique and interesting animal.
If one bets small, one gets only 'kuching kurap' gains (ikan-bilis).
Usually when a trader has become expert after a chain of consistent profits,
he/she will normally become very confident in his/her own trading skills.
Then from there, he/she will feel supremely confident enough to 'scale up' his/her bets.
This means he/she will very confidently 'whack big' (ie. 'mau' in Hokkien),
in order not to waste time on small bets.
But paradoxically,
it is when they are supremely confident that they will lose a lot of money.
And when they lose a lot of money, their dominant desire will be to win back those losses.
And in doing so, they will then revert to becoming emotional in their trading.
This is in spite of their possessing superb trading skills.
But such is only human...

Monday: 22 11 2010
D B S Recommendation
GENTING 2.04 2.70 BUY
bishan22 ( Date: 22-Nov-2010 17:44) Posted:
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bishan22 ( Date: 22-Nov-2010 17:44) Posted:
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Stock Pick
For all to read: DBS recommendation.
epliew ( Date: 22-Nov-2010 17:38) Posted:
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what is the timeline.... is the good question when dividend arrived !!!!
seen many people - include my hero cannot find losing money ( myself included also lost 8K, so my humble advice, take a small bet.... do not over commit yourself)
unless u are sitting on a en-block fund... (drop from heaven !!! otherwise all other money are hard-earned money)
iPunter ( Date: 22-Nov-2010 11:43) Posted:
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