We Are In A Bubble

I have been following the S&P 500 for a while now looking for a short opportunity. I have created a leading indicator that anticipates market downturns using a series of data. I will not be going into details as to how the indicator was constructed but I will briefly explain how it works. Above...

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[Bullish Setup] - Wynn Resorts (NASD: WYNN)

I have entered a long position in Friday 30th September to Wynn Resorts. I see a potential reversal to the previous swing high. Entry: $101.89 Take Profit: $109.30 Stop Loss: $97.28 RRR: 1.61 As always, happy trading. Chee...

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August Trading Review

August was a pretty quiet month with only 1 trade. Made a loss of about $800 USD from shorting FedEx (FDX). Remember not to let losses discourage you from sticking to your plan. It is part of trading and one has to be able to deal with it in a rational manner. I refer you to one of my previous post...

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NEW Singapore Stocks Charting Tool

I have always used ChartNexus as my go to charting application. It is fairly simple to use and hey, it's free after all so not much complains here. Recently, a new charting tool for Singapore stocks has been brought to my attention and I am here to share it with you today. The website is by InvestingNote...

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Why You Should Start Saving Now

Nowadays, the youths don't see the importance of saving early. And I guess, it's hard to see it because society moves so fast. It's hard to take a step back and do something to reap the long-term benefits. I am going to try to help you understand how saving early can have a pretty big impact on your...

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Why Stop Losses are Counter Intuitive

(Source: Forbes) I'd like to start out this article with a personal story. When I first started trading, I made one of the worst mistakes any trader could make, which is to not adhere to your predefined stop loss level. I would enter a trade, if the trade went in my favour, I'd start to move my...

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[Bearish Setup] - Fedex Corp (NYSE: FDX)

Another shorting opportunity presented itself on Thursday 14/07/16. There was a shooting star formation coupled with other indicators indicating an overbought condition (I will discuss about the indicators in future posts). To sum it all up, I will be taking a short position as I expect a mean reversion...

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[Bearish Setup] - Sallie Mae (NASDAQ: SLM)

This ticker caught my attention after the market closed for NASDAQ. Potential mean reversal trade back to the pivot of $6.33 Entry Price: $6.99 Take Profit: $6.33 Stop Loss: $7.30 RRR: 2.13 Remember that this signal will be invalidated once the price exceeds the previous day high which is $7.13. As...

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How to use Pivot Points to Trade Profitably

Today, I will be discussing what Pivot Points are and how it can be very useful in trading. Personally, my style of trading is classified as swing trading or momentum trading. I look for short term reversal in prices and capitalise on that in order to make a profit. The question remains, where do...

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May Trading Review

After taking a break from trading in April to relook into my trading methodology, I'm glad to say that the results seem to be improving. After implementing the new risk management technique that I mention in Part 1 and Part 2, my losses have been significantly lesser. Of course, I will incur a higher...

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