Welcome! Have a profitable trading day ahead of you!

Friday, July 07, 2006

Reminiscences of a Daytrader.

Hello fellow investors/traders/punters/uncles & aunties, this blog is created on this day for you. Why do i say that? Well, it is likely the case that you do not have the necessary software/hardware or even inclination to do charting before you plunge your hard-earned $ into the world's biggest ever created casino, the stockmarket. So, it is my desire to provide this service to all of us and in so doing, all of us will learn in the process of dabbling in the stock market.

Now, a little background on myself; I have been investing/trading in the local singapore market for the past 4 years. During this time, i have won big, and lost big, riding the wave of the oil & gas euphoria as well as losing on the fraud of ChinaAvOil and Cityraya. Yes, i have been through it all. I believe all of us are still in the search for a way to understand and interpret the seemingly random market movements. Personally i have read countless books on trading & investing and still is unsatisfied with what i can get out of them.

Finally, slowly but surely, i discovered that technical analysis is the better way to interpret these movement. In fact i would go so far as to say that fundamental news are used to support the movements in the market and not the other way round as what all of us are led to believe when we first entered the casino. In life, there are many things which are beyond our knowledge and understanding. So from this day onwards, i will begin to unravel the order within the chaos of the singapore stock market. Lets learn & earn together!

Last but not least, i would like to take this opportunity to dedicate this blog to Kaze of Chartpower. It is her who inspired me and i believe many others to seek out the answers to many of our questions on charting. Come back, Kaze.

No comments: