Archive for March, 2012

March 2012 Review, April Preview

Just like that, one quarter of the year is done and dusted. And what a quarter it was! Personally, it was a very good quarter for me on all fronts. March was also a great month. It wasn’t too busy on the teaching front with a Booster Session for WA32 on 5 March, WAT Gathering […]

Share

Comments Off on Weekend Food For Thought – Mar 24, 2012

Weekend Food For Thought – Mar 24, 2012

DEFENSIVE TRADING – LESSON 5 Over the last four weeks, we’ve looked at some of the most effective ways to avoid getting our trades into unnecessary risks including ~ • how we position ourselves in the market in Lesson 1, • why losses are more important than profits in Lesson 2, • what we can […]

Share

Comments Off on What’s Not Right About This Rally

What’s Not Right About This Rally

Someone wrote me asking about the probability of the market going down as a fulfilling consequence of my earlier post – In this posting, I mentioned that the market is likely to find a low in 2012. It wouldn’t be a bad thing if it did because every time the market bottomed on a year […]

Share

Weekend Food For Thought – Mar 16, 2012

DEFENSIVE TRADING – LESSON 4   Trade because you have a trade. Never trade because you have to trade. That simply means that if you don’t have anything to trade, don’t trade anything. It also means that you should only trade when there is an opportunity for a low risk trade. What it mostly means […]

Share

Weekend Food For Thought – Mar 09, 2012

DEFENSIVE TRADING – LESSON 3 Never add more risk to higher risk. The first thing you will say when you read that is, “I know that.” But do you really know? So many people I have met know this but still don’t practice it. In fact, they do exactly the opposite. In 2008, 60 Billionaires […]

Share

Weekend Food For Thought – Mar 03, 2012

DEFENSIVE TRADING – LESSON 2 The market will give you what it wants and it will take what it wants And that is why I don’t bother with profits and instead place my focus on losses. The market will give you whatever it feels like giving you. On a generous day, it’ll give you more […]

Share

Comments Off on February 2012 Review, March Preview

February 2012 Review, March Preview

February for me was a rather uneventful month. Thank goodness it was a short month. On the 4th, we officially welcomed the Dragon Year and fortune for me, it seemed, changed. In the last couple of days of Chinese New Year, my luck at the tables turned around and I was winning everything. The week […]

Share