Check out my precision trading on Singapore and USA Stocks. I focused heavily on timing, NOT price action, NOT traditional TA or the usual Fundamental Analysis. Hence my accuracy and hit rate is exceptionally high. Over the years, I discovered that timing can be captured from the charts where I had mastered the art of perfect timing. Follow my blog, my journey towards effortless trading and perfect execution.
Thursday, 25 February 2016
Spackman - Short Sell This Hanging Fruit
In my mother blog at www.stockmarketmindgames.blogspot.com I had been featuring Spackman early morning as a weak and lousy counter today with pile of hidden sellers which I posted @ 9:12am.
http://stockmarketmindgames.blogspot.sg/2016/02/spackman-7th-gear.html
As my title suggested that these hidden sellers will LATER turn into obvious sellers, the LATER came true with massacre everywhere that the buyers were seen panicky trying to flee away and get out of their long positions. The selling force was so strong that scare away the buyers so that we know that this selling could be profit taking by the Big Boys. Read below post.
http://stockmarketmindgames.blogspot.sg/2016/02/spackman-hidden-selling-with-sellers.html
Many might think that it is difficult to spot such details and it's hard to understand the stock market. In fact, I will tell you this, it's simple and easy because if it's tough, how can my assistant get the job done and shorted at 0.137 and covered at 0.13? He did it all by himself without any tips or assistance from me and more importantly, he started with 0 knowledge in trading. After just a few months, results started to reveal.
You don't have to learn from me and you can learn from anywhere you like but if you had been doing the same thing over the last 2-5 years and still not making it, then something must be wrong. Luckily for me, I am not a stubborn person and I can change my habits really fast. Doing something right over and over again with high success rate is a good feeling and there is no need to alter or change anything. While people say you learn as you grow everyday, I will say, if you found a successful way to be successful, stop learning but grow your team so that they inherit merits and good habits so that success can be achieved at a even higher rate. :)
Ronald K - A Game Changer