April 2008
Monthly Archive
Wed 30 Apr 2008
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Daytraderpete wrote an interesting post today on
Here’s a quick excerpt
Admin note: I’ve just realized that I’ve been an hour off in my posts. All times are in BST, not GMT. Times will be correct in future posts.
In the last post –
“I’ll keep the remaining trades until they complete or stop out. I am still considering averaging into the EURUSD pair for a retest of the highs. Same for NZDUSD.”
I should really try to stay away from making statements. The markets change. My mood changes. Work interferes. I’m sure some people reading this will know what I mean. The danger for me is I could potentially talk myself out of a good trade because I don’t want to look like a capricious boob. More than before, the market tells me when to act. Sticking to the signals doesn’t make for exciting reading — and I am opining a lot less on this blog because, let’s face it, all the amateur articles on how to be a […]
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Mon 28 Apr 2008
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The Lonely Trader wrote an interesting post today on
Here’s a quick excerpt
Had lots of time over the weekend to think about the positions taken on Thursday and Friday. I may have been a little too excited about the new model so I’ve pared down my exposure on underperforming trades. I also cut two loose that had questionable signals. I’ll keep the remaining trades until they complete or stop out. I am still considering averaging into the EURUSD pair for a retest of the highs. Same for NZDUSD. Anyone have any views on these? Here is where I stand:
I just cut the GBPCHF trade loose because I think in the near term Cable will extend — and it was going nowhere while I was paying a steep swap. (Read: I cut the Cable trade too early. But I’ll get to that below.) So far, I’m feeling pretty comfortable with the model. I also know this won’t be a typical day. Over the last few months this model has had […]
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Thu 24 Apr 2008
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The Lonely Trader wrote an interesting post today on
Here’s a quick excerpt
Como preveíamos la mezcla de noticias es tal que tenemos otro día de “sube y baja”.
El mercado arrancó arriba, y bajó abruptamente.
Ahora intenta reponerse.
Puede que sea otro día para los que les gusta el Swing Trading.
Pero hacerse ricos con esto, ni lo sueñen. Aún con el respeto que me merece Bill y sus colegas.
Enjoy.
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Thu 24 Apr 2008
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freedombanker wrote an interesting post today on
Here’s a quick excerpt
When day trading for a living it is crucial you understand that you are trading for the month, NOT by the hour. You are not trading time for money with the job market, you are using skills to earn money from the stock market.
It is imperative that you get out of your head the result of any one particular trade. If you manage risk properly (translation: keep small losses small) and internalize the fact that your number one job is to preserve capital for the opportunities that “line up” so you can build a position as it moves in your favor.
GET OVER TRADING TO BE RIGHT! GET OVER IT NOW OR YOU WILL NEVER MAKE IT AS PROFITABLE TRADER. Your job as a trader is to manage risk. Taking losses is a HUGE part of the business. Get comfortable with it.
Whats the big deal about taking a bunch of small losses? Stop whining your timing […]
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Thu 17 Apr 2008
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Daytraderpete wrote an interesting post today on
Here’s a quick excerpt
It would be great if every day was a “buy at the low of the day and sell at the high 6.5 hours later or sell short at the high and cover near the low” type of day. Unfortunately that is just not reality. The market as a whole has been basically in a trading range since the beginning of the year (yes I know you can point to one or two commodity or oil related sectors).
As a trader who actually earns a living from the markets you should know if you are trading for short term moves or waiting patiently for an obvious trend to develop where you can build a position and hold it for a few hours or days. It is difficult to switch from one to the other on the fly. You can’t be a power hitter and a singles hitter, it doesn’t work that way.
However if […]
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Wed 16 Apr 2008
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Daytraderpete wrote an interesting post today on
Here’s a quick excerpt
Click here to view all our picks, videos and to enter our live chat!
Watchlists
For tomorrow, 4/17: (Also in terms of sectors, there seemed to be a lot of strength in railroads and semiconductors, and weakness in health care providers and airlines)
Long - HLIT, GRS, EAT, VLO, RAIL, CAR, VISN, COCO, GGP, RMBS, BLUD, ROH, SGEN, CP, CNI, MU, MIPS
Short - HUM, AIQ, TKC, SSBX, PPDI, OTEX, PTRY, SGP, SEPR, DAL, CLWR
Market Outlook
From Tuesdays market outlook:
“We could see another day or two of bullish action, so we are going to hold off on any more shorts and are going to add a long to the mix just to help even things out a bit.”
With our lowered covers on almost all of our short positions, we were positioned very nicely for todays bounce, we closed out of almost all of our short positions for profits this morning.
That was a very strong […]
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Mon 14 Apr 2008
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jaylane777 wrote an interesting post today on
Here’s a quick excerpt
Source: http://onlinetrading-hub.com
Date
Stock
Broker
Price
Target Price
Recommendation
(6-12mths)
09/04/08
Inter-Roller
NRA
0.475
0.42
Sell
Keppel Corp
BNP
10.92
14.12
Buy Unchanged
ST Eng
JPMorgan
3.52
NA
Overweight
Sihuan Pharm
Daiwa
0.71
1.43 (Pre: 1.28)
Buy
10/04/08
TPV
CIMB
0.83
1.32
Outperform -Maintained
SIA
UOB KH
15.90
17.60 (Pre: 21.00)
Buy
Cosco
CIMB
3.36
5.55
Outperform -Maintained
F & N
Kim Eng
4.72
6.00
BUY
Frasers Cebtrepoint
DBS
1.22
5.85
Maintain Buy
ST Eng
DMG
3.52
4.02
Buy
Soilbuild
DMG
1.04
1.64
Buy
Yellow Pages
OIR
0.86
1.01
Buy (Pre: Hold)
F & N
DBS
4.72
5.85
Buy
Venture
Daiwa
10.40
14.00 (Pre: 17.50)
Maintain Outperform
Cosco
Morgan Stanley
3.36
6.00
Overweight
Starhun
Nomura
3.06
3.46 (Pre: 3.58)
Buy
Sim Lian
NRA
0.49
0.595
Buy
Ezra
CLSA
2.27
2.75 (Pre: 2.25)
Buy
SC Global
Merrill Lynch
1.36
2.25 (Pre: 3.70)
Buy
Boustead
Phillip
1.96
2.49
Buy -Maintained
UOL
CIMB
3.87
4.32
Neutral -Maintained
**Source: http://www.onlinetrading-hub.com
**We do not guarantee the accuracy or completeness of the data given
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Mon 14 Apr 2008
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scg1368 wrote an interesting post today on
Here’s a quick excerpt
Source: http://onlinetrading-hub.com
Date
Stock
Broker
Price
Target Price
Recommendation
(6-12mths)
03/04/08
Golden Agri
Nomura
1.00
1.13
Buy -Initiate coverage
Beauty China
UOB KH
0.75
1.41
Maintain Buy
China Farm
UOB KH
0.38
0.74
Maintain Buy
China Hongxing
UOB KH
0.595
1.07
Buy
China Milk
UOB KH
0.675
1.32
Maintain Buy
China Sky Chem
UOB KH
1.05
2.16
Buy
China XLX
UOB KH
0.78
1.84
Buy
Cosco
UOB KH
3.73
7.00
Maintain Buy
Delong
UOB KH
3.56
Under Review (Pre: Hold)
Epure Int’l
UOB KH
0.51
0.74
Maintain Buy
FerroChina
UOB KH
1.33
2.35
Maintain Buy
Fibrechem
UOB KH
0.715
1.78
Maintain Buy
Full Apex
UOB KH
0.285
0.44
Maintain Buy
Hongguo Int’l
UOB KH
0.535
1.24
Buy
Jiutian Chem
UOB KH
0.175
0.39
Maintain Buy
Lizhong Wheel
UOB KH
0.54
1.07
Maintain Buy
People’s Food
UOB KH
1.03
0.71
Maintain Sell
Pine Agritech
UOB KH
0.25
0.21
Hold
Sino Techfibre
UOB KH
0.68
1.85
Maintain Buy
Sinotel Tech
UOB KH
0.28
0.43
Maintain Buy
Sunshine
UOB KH
0.175
0.24
Maintain Hold
Synear Food
UOB KH
0.555
1.01
Maintain Buy
04/04/08
Capitaland
Kim Eng
6.80
7.89 (Reduced)
Buy -Maintained
China Yuanbang
Phillip
0.28
0.55
Buy -Maintained
Sunshine
Phillip
0.185
Not rated
STX PO
CIMB
2.85
3.60
Outperform
Lian Beng
CIMB
0.41
1.32
Outperform
Hor Kew
CIMB
0.11
0.28
Outperform
KSH
CIMB
0.39
0.77
Outperform
United Eng
CIMB
3.97
4.84
Outperform
CSC
CIMB
0.27
0.57
Outperform
Tat Hong
CIMB
2.45
4.43
Outperform
Tiong Woon
CIMB
0.60
1.45
Outperform
Hyflux Water Trust
DBS
0.59
0.78
Buy -Initates coverage
ARA Mgmt
DBS
0.745
1.13
Buy
CSE Global
AmFraser
0.925
1.34
Buy -Initiate coverage
Pan-United Corp
OIR
0.625
1.03
Buy -Initiate coverage
Tee
OIR
0.46
0.525
Buy
SembCorp Ind
NRA […]
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