Small intro. I'm not an accredited (or near) expert in markets functions and its related technicalities. I do like to look at charts, reading relevant news and compare notes mentally. I've enrolled a couple of trading courses to learn the fundamentals and some tricks a few years back and also studied finance back in my polytechnic and university days. In 2018, I embarked on a special quest to pass CFA Level 1 and managed to attain it somehow by much grace and continuous effort.
In my career, I've worked in a Singapore government agency for land acquisitions, on as a real estate market analyst and consultant for several years before going into accounts to do sales pitching and managing MNCs' real estate leases in APAC with dozens of highly experienced real estate agents/salespersons for over 2 yrs. Now closing to a decade since I've graduated I've seen many ins and outs of corporations and business antics - good and bad ones, driven by people of course.
Meanwhile, I'm not getting younger and my body needs constant good nutrition and exercise just to maintain some level of operation and clarity of mind, and I needed some significant pauses. You'll simply pay for what you didn't do enough or notice enough for your body needs and long-term injuries, in your 30s.
Now - I've no idea what this blog content could eventually focus on. I'll strive to post quality content in a way as simple as possible, some of which will probably be like a "nothing burger" but I do wish to write my ideas and thoughts in a more "typing" sort of platform and at the same time share with an audience, no matter the size. Pardon my lousy english too. I'll also put in some effort to organize this blog where applicable. I'm also currently using a tablet for this for ease.
To start. Many would already be astutely aware that trading and investing are 2 different manner of "spending" one's money to "make" more money. Trading could go from seconds up to months in practice while investing USU goes from a quarterly basis up to decades from both personal and company perspectives. I spend much time doing trading only. Investing is much simpler imo.
For me, I strongly believe in looking at candle stick charts instead of just looking at the prices. And candle stick charts are of coz better than looking at line charts. Even though I've friends who make money just looking at the line and/or seeing highs and lows - they are simply geniuses and/or inspirations.
Trade
In trading, there are myriads of methodologies. I would think one of the truths is anything goes as long as the specific strategy delivers a positive return, overall. So its success is largely based on human error or mistakes. For instance, what's the simplest one top of mind? - a lower Moving Average (MA) crosses a higher Moving Average = buy. A higher MA cross down a lower MA = sell. This strategy can be proven easily for a decent average-high-volume stock trading at a large stock market - just do the workings, eg daily candles, for a "very long" run - eg 2 years to be safe if the pick is really lousy.
Cont'd: The only thing standing against the overall positive numbers is the person himself or herself - a simple deviation from strategy of cos. So - if you have the know-how to build a very simple machine or software to trade, you make money, and of cos legally. Add another 2 simple criteria and hooyah, right? or Not? Too much criteria makes it "rubbish in rubbish out".
To share, my favourite MAs are the 20, 50 and 200 MA - applying on both daily and weekly candlestick, with a few other time frames as well since it works so far, for "whichever strategy" I'm doing. A phrase comes to mind - "as long as it works, it is not stupid", right?
Saw this image related to a new trend on the X app.
