KLCI 10TH

ANNJOO

ASIAN CASH INDICES 9TH MARCH 2016

SOME OF TODAY'S TOP GAINERS

PLEASE NOTE THAT THESE ARE NOT RECOMMENDATIONS TO BUY OR SELL BUT TO STUDY WHAT WORKS.
 PLEASE NOTE THAT ALTHOUGH HLFG OPENED 14.68 AND CLOSED 14.50 IT STILL GAINED 10 SEN OVER THE PREVIOUS CLOSE OF 14.40  WHAT DOES THIS TELL YOU?

IT TAKES A STRONG MIND AND A REALLY GOOD SYSTEM/SETUP TO WIN

THESE ARE THE TRENDS THAT ALL OF US HOPE TO CATCH BUT DO WE HAVE THE MENTAL STRENGTH TO FOLLOW THE SYSTEM BECAUSE THERE WILL BE LOSSES (ALBEIT SMALL ONES) BEFORE WE HIT THE JACKPOT?  

STUDYING THE INDICATORS FOR CONFIRMATION WILL HELP TO REDUCE THE NUMBER OF LOSING TRADES BUT THAT IS ALSO NOT 100% CERTAIN.

MANY PEOPLE WILL TALK ABOUT PARALYSIS OF ANALYSIS AND SAY “KISS”  (KEEP IT SIMPLE) BUT THEY MAY ALSO BE KISSING THEIR MONEY GOODBYE.

MAKING MONEY IN THE MARKET IS NOT THAT SIMPLE.  DON’T LET THEM TELL YOU OTHERWISE  

DOWNTRENDING STOCK TRYING TO REVERSE UP

AS YOU CAN SEE, A LOT OF STOCKS HAD COME DOWN AND QUITE AS MANY ARE TRYING TO BREAK OUT OF THE TREND.  THE NORMAL ADVICE IS FOLLOW THE TREND, THE TREND IS YOUR FRIEND.  IT IS SAFER TO BUY INTO A STOCK THAT IS MOVING UP RATHER THAN TRYING TO CATCH BOTTOMS.  ANYWAY HERE ARE A FEW COUNTERS TO LOOK AT ALTHOUGH IT IS ADVISABLE TO STAY OUT OF THE MARKET AT THIS POINT.  IT IS BETTER TO MISS SOME MOVES UP INSTEAD OF TAKING THE RISK OF THE STOCKS HITTING RESISTANCE. WAIT FOR THE HIGH PROBABILITY STOCKS AND YOU WILL STAND A BETTER CHANCE OF WINNING.

KLCI 4TH MARCH 2016