More on PEC...

Sorry all, have been busy with my current work with projects but today have some little spare time to do some updates.

Today STI goes big upwards, but I didn't load up Yanlord or Ying Li.
as previously mentioned on Yanlord and Ying Li, but decided to reload more on PEC last few days when it dropped to 0.7 - 0.705 range during the big drop by doing queue-ing.

Queue-ing instead of chasing the stock is one option that we should do especially when you cannot see the market direction yet. Well, and why I still go with PEC instead of other stocks? I look at PEC on the FA growth and the behaviour on how PEC can sustain the price base.

Have got my holding at 0.7, 0.705 , 0.725 as well as 0.77. Not to risk my holding, I have decided to sell of my holding at 0.7 and 0.705 for a mini ride at 0.73 today and keep the holding at 0.725 and 0.77 for another mini-Ewave ride.

This is how we can do ride on the mini-Ewave but not all stocks will have the same behaviour.

You got to also see on the global direction news, as I always mention.

Till then and happy holiday!
Star-Trader

Swiber on short term play but will revisit again...

I have been very busy. Not with stocks, but with other things.

Anyway,

Last friday's closing gave me an interesting closing for Swiber but when I checked on the data feed, it doesn't looks able to support on the price range of above 1.00 because there were bulk-volume disposal above 1.00 as well as today's trading.

For Mermaid too, if it broke below 0.55. It could move downward spiral which now is currently at 0.5 as per what I written previously, 0.55 is a very important support.

Anyway, definitely will monitor Swiber. As for Mermaid, it could take base-support level line to have this baby to move uptrend again. The BSLL(short-name) is important now to determine the way the stock will move. Will explain more in my email to my subscribers soon if I have some spare time.

Right now, on PEC, I have reloaded at 0.725 since last friday but didn't manage to get out today at 0.74. But will see the situation if it able to sustain above 0.69 to 0.7, I will lock in more for another wave as you can see from the chart, inverted-V formed, but if it is able to sustain above the price for days, it will decided to go for another wave again.
But I am preparing to let go this at 0.745 to 0.755 tomorrow if there is an opportunity as to ride on the short term wave. Let's see.

Am interested on Ying Li too. IF Ying Li can sustain the price range from 0.39 to 0.42 with a push of volume on +ve OBV, I will lock in this baby for a short ride. Let's see.

Thanks,
Star-Trader

Market still sideway but reload more on PEC

Got in more on PEC @0.725 last minute buy-in though I mentioned that the market is still sideway. But due to Swiber's uptrend and other oil related stocks rebounded from the lowest, I am betting on PEC to rebound next week as it came from 0.705 to touch 0.735 before ended at 0.725. Though Volume is still low, accumulation could be on the price range again. Let's see. But will check more on the chart tonight and also other oil related stocks Chart especially on Swiber.

Thanks,
Star-Trader

Global news not able ot sustain..this time, Japan Economy that cause the Asia stock to drop again..

Well, more downside...seems like not able to see any uptrend signals yet as it is not well supported today for those stocks that gap up. Won't be reposition myself for any oil stocks today too and not going to lock-in any of them now. Will just wait for a clearer rebound signals to trade again.

Let's wait patiently, all unless you are doing shorting.

Thanks,
Star-Trader

Oil dropped below US70.00 and bounced back...

Look out on those oil related stocks , based on the OIl Chart, It has rebounced to above USD70.00.

So I will be looking at PEC, Ezion ,Swiber or perhaps Mermaid if it shown some signals.

Star-Trader

What is the lesson that can be learnt today? - STAR-TRADER'S 25 CENTS LOSSES -

I have posted a forum message at sharejunction but seems like I didn't save it or what. It was a long long message.. :( anyway, is ok. Life is like that. Is just like stock market. Predict the unpredictable. Anyway, what I was trying to say at the forum was when I noticed One replied from "freshmind", indeed a good saying when he/she mentioned that "Human never learnt from history due to greed and over-confidence".

Which what brought me to how I strategies my trading. What I want to talk about everyday is an opportunity for you to fight back in the stock market.

I observed that many retail investors will buy at a certain price and keep to it without realizing that the potential of losses will be incurred more if the stock showing downtrend for the rest of days of weeks to come. This doesn't really serve the purpose of trading, maybe this is my style and ways of trading. But I want to tell you is that we trade to win and to minimize losses as minimum as we can and to come back to win the trade or other stocks on another day.

One recent example I can quote from my trading was Mermaid. I cut loss at @0.65 when I bought at @0.675 with a 25cents losses because I don't see it coming to move further uptrend as it doesn't stay floating at the range of price due to lack of buying pressure. If I would been keeping in and wait for it to come uptrend, I will be even more losses incurred based on today's price so what I meant is we can always come back even on Mermaid or other stocks when the uptrend is shown like what my recent purchase of Straits Asia few weeks back which I bought back to cover back the cut-loss price that I have sold off.

As long as we see the uptrend on the TA Chart of a stock itself, we can position ourselves to make the decision to buy on uptrend and to cover back the 25cents losses that I have incurred when I cut loss for Mermaid.

Probably I am a short or mid-term player. I don't like to keep stocks except CapitaMall and will buy more when it near to the dividend quarterly. And I will play other stocks for short-term trading based on the TA Chart itself.

As for today, I believe a lot of investors have succumb to selling pressure and short-selling might have been done by the "Big Fish". So, what I would like to say is the buying-up will occur again as to cover the short position but when and what, these I will got to go back to charts and look out for the right entry price to cover back my 25cents losses. This is also what I always mentioned, taking opportunities of the global direction news to influence the up/down of the stocks.

Thanks,
Star-Trader

Global Direction news that affect the market and STI stocks..

Well, yet again, market direction that affects the sentiment and affect the stocks to drop further. This time is from Germany. You guys should know what the news about.

This also give an opportunity to collect more at lower and better price.
That's what I always mention too, I don't like to keep stocks that can bring down your valuation if you keep the stock like the current moment.

As for PEC, I won't cut loss at it doesn't reach my cut-loss price which I bought yesterday @0.77. I will accumulate more if it drops further but got to see the right entry price. Let's see how it turns out to be today for PEC.

Will be looking at Yanlord too to see how the volume build up as mentioned it came back strongly across 1.6 with buying sentiment.
.
Won't be looking at other stocks today too except probably Yanlord,CapitaMall and Ying Li. Let's see.

Star-Trader




Star-Trader

PEC, Yanlord and Ying Li movement...

Got in PEC at 0.77 but Yanlord and Ying Li have moved too fast. Thus am queueing at 1.64 for Yanlord and Ying Li @0.435.

Ying Li's Volume built up shown that the interest has come back again for this stock which the Peak bottom of 0.41 have been determine.

As for Yanlord, The price was pulled back over 1.6 after dropping below the price yesterday and now it is showing great interest again. Might do a buy-up on these 2 stocks to ride on it tomorrow instead of queue-ing. Let's see.

Star-Trader

Status on Mermaid now...

Early in the morning, I was anxiously monitoring this stock as in whether how much it will gap down. It gap down to 0.645. NEGATIVE 25cents. Doesn't looks good. Though it went up to 0.655, I am not willing to take the risk to hold longer for the one I bought at 0.675 due to market direction is still not visible for today, and finally decided to cut loss at 0.65.

Well, is not that I have no hope yet. I am looking at the current price now to re-enter to cover back the portion that I cut loss. Currently it stands at 0.63 / 0.635. If it is able to stay grounded with volume buying pressure, I will reconsider to re-enter again. IF not, just stay sideline for Oil Related as you can see we can always have another chance or opportunity on other counters that have been played down like Ezion and PEC which I already offloaded since last week. It came down right back again for me to cross-check any opportunity to go back in especially with PEC as this counter's movement might be related to Singapore's GDP report soon.

Current Ezion's Price @0.685. PEC @0.76. Let's see for the next few days then.

Star-Trader

More lessons at www.rtraders.net

Today, I am having some spare time. That's why, you can see my few replies at ShareJunction.com forum and also am going to post more articles at Www.Rtraders.net for the benefits of the retail investors.

Hope you will be able to get the insight out of the articles that I have posted.

Star-Trader

Mermaid Maritime's Financial Result is out...

Mermaid Maritime's Financial Result was out finally. From what I understand from the FA, It has revenue though decreased compared to the previous quarter.

Anyway, I have locked in again at 0.675 with a risk today but will look at whether to accumulate more even though result is not in favour as Mermaid has a lot of potential I believe. My own opinion only.

Let's see next Monday's market how it performs if to lock in more or to dispose off purely based on the next few days' Volume, candlesticks and other parameters.

P/S: Have sold of my remaining balance lots of Ezion and PEC and jumped into Mermaid and to accumulate more if it drops further, let's see how it goes.

Happy Weekend!
Star-Trader

Looking closely at Mermaid Maritime if there will be another break...

Mermaid Maritime, not sure if due to the financial result to be out soon as I might be monitoring this again though have sold off earlier of the mini-Ewave. If it looks accumulating, I will lock in again at higher price between 0.67-0.68.

Let's see on the volume build-up later.

Star-Trader

STI morning was uptrend but down in the afternoon...

Today, no stocks loaded though CapitaMall showing strong uptrend, but I have no time to trade due to work commitment... but offloaded some for PEC@0.81 and Ezion @0.82 as showing some sign that not able to sustain the uptrend..So will be offloaded the balance tomorrow if it gap down in the early morning of the trading tomorrow.

Well, as on Mermaid, let's do some real post-mortem as I sold off at the early part of the trade to earn a some profit. I will try to put up this chart soon and also any other parameters and feel free to post any comments on the chart.

Star-Trader

PEC and Ezion as expected, an upside today...

PEC and Ezion, as expected on an upside today. Got PEC at 0.77 which I mentioned a hugh risk,( I will explain why in my newsletters to my subscribers) but at the end of the day is good profit gain.

As for Ezion, when PEC moved, It was on upside in tandem, so locked in at a price of 0.79 but would see to offload once the uptrend signal stops for another mini-Ewave.

Anyway, offloaded half of my holding of Mermaid at 0.645. Well, a small profit but went in to the other above PEC and Ezion with a hugh gain though.

Thanks,
Star-Trader

Re-enter PEC again, hopefully for a mini-Ewave..

Re-enter PEC but at a very hugh risk 0.77. Decided to keep for a while if it drops but with a cut-loss price. And might want to reload more if it accumulating below the price.

Anyway, let's see. Sold off Mermaid at 0.645. Moving to PEC now and Ezion could be the next potential target.

Star-Trader

STI today gap up but went down spiral as traders waiting for signals...

Today, Yanlord on XD. So did a selling on Yanlord and gain some profit together with the dividend when you bought yesterday or days before during CD.

Disposed of Sinotel with a very little profit as don't see it coming today due to STI's weaknesses.

Managed to offload half of my holding on Mermaid at 0.655 yesterday but today didn't plan properly as hoping it will trend upwards but it didn't happen as I didn't manage to dispose off at the right price. So still holding on some lots which I bought at 0.64. What should I do next? I should have taken the opportunity 2 days back to ride on the mini-Ewave but chosen not to do it when it Yo-yo between 0.64 and 0.655.

If i did this, I will manage to profit 3x times more. Anyway, another lesson learnt when you trade in stock market. Everyday is a lesson to help you to grow a better trader one day....

What's in-store tomorrow? I will see how it going first on the global market news to seek my next direction on a particular stock..

P/S: I will having a public chat on my website soon, www.rtraders.net , Sorry for not able to post some technical lessons there as I might busy with my personal things. I will do so and update you guys through emails then.

Star-Trader

Today almost all stocks are on uptrend .. What you got for today

I got myself Mermaid, Yanlord and Sinotel today.

Although Mermaid and Sinotel not up as much as other stocks but got a little profit better than nothing right :) ? This is one of the principal on trading the stock market.

Entered Mermaid at 0.64(yoyo in between from 0.64 to 0.655) Will dispose if see any reversal signal the next few days. If not, I will keep it till I see the downtrend signal again.

Entered Sinotel at 0.405 but will sell off tomorrow if it doesn't go uptrend as to park my money on other potential stocks tomorrow.

Entered Yanlord at 1.62 in the morning which I queued during STI's mixed signal time.

If you missed today's market, do some serious analysis tonight on what can we still go in tomorrow ya.

Was thinking of Z-Obee actually at 0.475 but gave it a miss as I do not want to hold too much counter at one time. What a miss but is ok, we never know which stocks will fly like Z-Obee. Will do an analysis though if I can sell off some of my holding to get Z-Obee. Let's see.

Happy Trading !

Thanks,
Star-Trader

Mermaid, not sure what it is brewing.. Oil Price up?

I went in Mermaid early morning @9.01am when I saw a gap at 0.64 which a hugh volume. Thus still sitting comfortably at 0.64 with the price of 0.655 now.

I am looking at Yanlord, but the volume is still thin. Probably waiting for anticipation but I have queue at 1.62 for Yanlord to see if there is any good chance it accumulates and move further from there.

SOBAYOR,
Star-Trader

Yanlord Properties Technical Analysis and Candlesticks

Yanlord Properties, last week's candlestick showing Bullish Piercing Line Pattern which might shown a high confirmation on the potential of reversal signal on uptrend.

This is also confirmed with another parameter, OBV but any global directions will push the share price down a little bit , but in very short term, this will be uptrend signal.

So definitely a lookout for this tomorrow.

SOBAYOR,
Star-Trader

When fears took over your emotion...?

Well, Yesterday's DOW dropped the biggest points in history. STI followed suit. This has been affecting the retail investors as well that it will go further down.

But DOW did actually recovered from one point in time. So STI would follow suit too. What I am trying to say here is don't let fear over-rule your emotion, but instead take the dips to buy some and ride on the mini-Ewave if possible. When STI dropped till 57points at one point of time, take a look at the percentage and also how those blue chips stocks perform.. What I meant is were they stabilised at a price? Dropped further? If it is stabilising at one point of time, lock it in as it is a catch !

Even the non-blue chip has picked up too. But I rather chose blue chip than the non-blue chip. So, yesterday I managed to get CapitaMall @1.85 for 27lots and CapitalComms @1.13 for 10lots. Will ride on the mini-Ewave soon for these 2 stocks at least to dispose off half of it. Let's see.

Thanks,
Star-Trader

STI Market's weakness , testing your patience...

After talking on Straits Asia and also "fear", I move on to "patience".
Market can really test your patience. Why? Do not rush to enter the market if it is not showing any favours although TA is showing sign in the stock's chart.

Why? Because going against the trend is not the best way to deal with it. Let's wait for the opportunity to reap the profit and do not caught in between.

It will be the time when you can earn back the profit when the direction is showing uptrend..so why still lock in when the market direction is not clear yet?

These few days I have been staying sideline and also busy at the same time, while waiting for the coast to be clear first. The only long term stock that I hold is CapitalMall.

And yes, the coast might be clear soon, and I might be in to the sea again to catch fish if opportunity arises.. :)

General Lesson: The story of how dividend vs profit play on Straits Asia...

Well, still staying side line though today UPP posted a short term contra play but would not want to go in for the risk on playing contra with the market high on toes...

Very well, the STI gap up as per what I mentioned yesterday on my site www.rtraders.net but it went down due to uncertainty on China's Policy.

Anyway, Straits Asia still going strong but with a very clever play on this, you will still make money out of it.. How ?

Straits Asia is giving dividend soon on USD0.0203 per share. It's has been hovering between 2.01 and 2.10 for today. If the big fish got it at 2.02 during the time the contra players was outlasted, they can reap profit at higher price range (which can be more than the dividend and get in again when the price has dropped to take advantage of the dividend..

This is what I meant but of course the fear and emotion still must have the ability to overcome. Why I still see the opportunity to play this but not willing to re-enter?

The fear of this stock going further down for accumulation. Today it gap up to 2.10, so no mini-Ewave rides possible on Straits Asia but if it is still maintaining at this price, is time for me to re-enter at least for the dividend play..

Stay sideline..but tempting to go in Straits Asia and Sinotel...

Stay sideline still...though tempting to go in for Straits Asia and Sinotel.

Will get more data at the end of the session today on these 2 stocks Straits Asia and Sinotel. Will be posting at www.rtraders.net and you can comment or ask questions on these 2 stocks today.

Sinotel has been "oversold" zone for its price but will see global direction before locking in this stock.

Straits Asia, looks like an accumulation condition but will like to check out more before going in, not to be trapped as per my last week's trade on Straits Asia again.

Thanks,
Star-Trader

Have put in US Financial Indicators at www.rtraders.net

My new website, www.rtraders.net. This will be a platform for retail investors to learn the trade and hopefully will gain insight from how you would trade a stock.

Have just updated the US Financial Event Indicators there and you can register at http://www.rtraders.net/index.php?option=com_community&view=register&Itemid=57.

Please let me know if you face with any registration problems and I will rectify that for you.

Thanks,
Star-Trader

No stock trades on Friday...

Well, I didn't do any trades on Friday. Look out for a more clear indicative again before locking on my portfolio on short term basis. Will it be on Straits Asia again? Let' see.

Also busy with my tweeting my new website which As promised, my new learning platform websites for retail investors has finally arrived.

The name of this little beta version trading website is www.rtraders.net.

Check it out.

Star-Trader