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2020 market expectations and positioning

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Old 24-02-2020, 01:16 PM   #946
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ES3 cash dividend is in.
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Old 24-02-2020, 01:37 PM   #947
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I think I read only 3 investing/trading related books so far.

Most of the knowledge can be found on the internet actually.
Reading from internet is different from reading a book. Reading a book is much more effort in terms of focus, very difficult to do in the current times of high distraction from social media. But the effort is worth it, if you read good books from knowledgeable authors. It takes you into deep dive of concepts and math behind it, which is likely to stick with you and make you better investor.
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Old 24-02-2020, 01:40 PM   #948
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https://www.investopedia.com/articles/active-trading/070715/making-money-wyckoff-way.asp




I'm a noob in wychoff TA but briefly in your website which i read, it doesn't make sense to buy during markdown right?

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Old 24-02-2020, 02:05 PM   #949
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Bought starhub for 52 week low, drop even lower.
Then keep on buying in 5% increments! everytime fall another 5% to hit a new 52 week old, buy again. of course you need to have conviction in your fundamental analysis
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Old 24-02-2020, 02:07 PM   #950
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Mine still not in ...

Which bank you use?

ES3 cash dividend is in.
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Old 24-02-2020, 03:00 PM   #951
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some people prefer to buy at 52-week high, I prefer to buy at 52-week low!
Bought starhub for 52 week low, drop even lower.
There's nothing magical about 52 weeks. It's just one of the commonly reported data points, that's all.

Maybe a 31 week low is best if you're trying to time the market, or maybe a 131 week low. Good luck at the dog track.
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Old 24-02-2020, 03:20 PM   #952
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I'm a noob in wychoff TA but briefly in your website which i read, it doesn't make sense to buy during markdown right?

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In general, no... Wait for sideways when Big Boys are starting to show evidence of accumulation....

Duke can advise since he is an expert with VSA.
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Old 24-02-2020, 03:22 PM   #953
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In general, no... Wait for sideways when Big Boys are starting to show evidence of accumulation....

Duke can advise since he is an expert with VSA.


wah chim... this is another level of technical analysis altogether... combining whcyhoff with vsa... i think no matter what duke say will just fly over my head lol.

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Old 24-02-2020, 03:26 PM   #954
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wah chim... this is another level of technical analysis altogether... combining whcyhoff with vsa... i think no matter what duke say will just fly over my head lol.

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VSA is not just technical analysis. In fact sometimes your TA might show signal for long but it is actually be the start of distribution for big boys. Example like buying climax in an up trend might be to trick the weak holders to buy
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Old 24-02-2020, 03:42 PM   #955
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https://www.investopedia.com/articles/active-trading/070715/making-money-wyckoff-way.asp

Based on Richard Wcykoff's works, the diagram is not correct. The second spring at the top should be termed an upthrust.
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Old 24-02-2020, 03:57 PM   #956
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Based on Richard Wcykoff's works, the diagram is not correct. The second spring at the top should be termed an upthrust.
Thanks for pointing out
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Old 24-02-2020, 04:11 PM   #957
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wah lan....futures -1.89%.....

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Old 24-02-2020, 04:16 PM   #958
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Qn is what to buy with this ?

wah lan....futures -1.89%.....

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Old 24-02-2020, 04:37 PM   #959
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Then keep on buying in 5% increments! everytime fall another 5% to hit a new 52 week old, buy again. of course you need to have conviction in your fundamental analysis
Nah, better to cut partial then consider want to average down a not.
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Old 24-02-2020, 05:19 PM   #960
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Mine still not in ...

Which bank you use?
Mine is Saxo, non-CDP. It is added to my cash balance in Saxo brokerage account.
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