KNOWING THE VALUE OF COMPANY

Before you enter a day trade, it is very important to understand the company value. The value of the company is total asset divided by number of stocks. And from there, we have to see the cash position and immediate loans need to be paid. After that we have to check company making profit or losing money. These could be done in merely 2 - 3 minutes by seeing company's financial report.

RULE NO 1: DO NOT BELIEVE THE FINANCIAL REPORT.

So why we need to check the value if the financial report is a pure rubbish?

Answer: even if we understand that financial report is cook-able, at least we know that rubbish.
Knowing rubbish is better than don't know anything.

A Winning trade on AKAMAI

Buying AKAMAI at 24.50 and 24.68...sold at 25.17 done in approx 5 minutes

nett profit approx. 1.5% in 5 minutes

computer off...sleeping now

Clearing your mind

Make sure before you do a trading, you have a very clean mind. Do not trade when you are not ready mentally. Trading is short term, investing is long term. Short term is about fear and greed management.

EASY MONEY? YOU SURELY DIE!

Stock market is 80% gambling - 20% reasoning

Why? 80% of the stocks are rubbish stocks, junk stocks, stupid stocks

And 20% of the stocks are rock solid company, good brand, real brand, real building, real business.

You use your brain, and bet on that 20%.

General movement (unless bankrupt)

Average down

When you want to average down meaning you are losing money, and you are sure that the stock would go up.

No body sure stock would go up unless Hellboy, and when you do averaging down, that is road to the poor house.

If you insist of average down, here are the keys:

-- Wait until the stock settle down at some price, and the seller refuse to sell --
-- Make sure you understand the real price - value of the stock --

if a BMW being sold for half the price, only 2 reason, problematic BMW or seller want fast cash.

Day trading in Singapore Stock Market

Day trading in singapore stock market is purely stupid and gambling to the poor house.
The reason is simple, in day trading liquidity is the main key.
When the market is so liquid, you would easily see the movement up or down steadily and few hours, that is day trading.
Never enter a stock for day trade when buying and selling occured in low frequency.

Trading for a living

Trading for a living is only for those capable of managing their money, greed and fear.

Shorting is always easier rather than buying.

But if we could find the correct method to buy on maximum fear, reward sure be there.