^V^Former TA expert 's comment on Singh/ TA = Gambling ^V^

CPO Trader said...
From what Darlie Singh said:

"Well, if one is a trend following trader (trend following traders typically want a go signal from either trend following indicators such as MACD, Moving Averages, or a bullish looking chart pattern), then, Parkson does not fit the criteria. MACD is still moving downwards. EMAs across many durations are pointing downwards, even a downtrend is visible since the peak on 2 Jan 2008. So, trend-following traders would probably wait for the downtrend trend to reverse itself first, before thinking of jumping in. These include break-out traders as well."

As a former trend follower, I do not think Trend follower is so complicated. For me, to differentiate a trend follower with TA is to look at how complicated thier analysis could be. Here,"MACD is still moving downwards. EMAs across many durations are pointing downwards, even a downtrend is visible since the peak on 2 Jan 2008". This is definately not a good trend following. It is a TA nia!
Breakout traders? Ha. A breakout traders' system is even simple compares to trend following. (I am a breakout trader as I deal with all commodities rather than shares)For the past few years, I do not even need any of TA stuff. Even a simple metastock is no important at all. What I need is a price.

Then, on this point also....So, trend-following traders would probably wait for the downtrend trend to reverse itself first, before thinking of jumping in. These include break-out traders as well If you follow merely M.Covel's book and the theory of trend following, of course there is a chance you will wait for the trend! But, how do u know thw trend is correct? For those good traders I know (whether on commodities,forex, currency, etc), good trend follower are always in the market as they would not like to miss a huge trend.As for breakout traders, I lagi emphasis to stay always in the market.Why jump in jump out since you are adapting a trend following stuff? That was pure TA!

Nowadays, I am starting to realise why Unker Sam hate those TA fellow. I myself having the same feeling. Darlie is one person here. Those in www.bizfun.cc lagi funny. Claim to be expert and wanna take RM 7000 for his course to teach people TA! Look at his suspicious FKLI recommendation. some even said that CPO cannot play (in fact I think CPO topic dead off long time ago) Unker Sam, u really made the right choice for not joining them. if you joined them last time, I am a real culprit then. (for recommend you to them)

Lastly,sorry to leave so much of irrelevant stuff in your blog. Hope you do not mind.Anyway, can you show me the web address of this Darlie?I really keen to read on what he said. Thank you so much.
Keep up your good work. Cheers!



Unker Sam:
U can mail me at cpotrader@gmail.com. But, mail me abang darlie's web address, not his email address. I do not want to know him at all! lol!Just wanna see what he wrote so far!

Yes, I am a former TA. A real TA who knows almost everything (I am so ashamed that I know so much about TA). So, what is the reason I do not practice TA anymore? Since I mentioned I know almost everything about TA, let’s do it one by one from the basic. TA beginner normally start with trend line drawing and pattern recognition (flag lar, triangle lar, etc). As a TA learner getting smart with such a “SUBJECTIVE” stuff, they tend to become smart in drawing. At the end, because they are getting smart; each time they can draw different line or identify different pattern at different time zone. The best part is they can also 出猫. How they do it? Sometimes, they can adjust the line a bit the next day or so, just to show that their analysis still intact! I am a very stubborn person. If you tell me the line should be this way, I will not accept even a small alteration. At the end, how high is the winning possibility? I would say; the best is 50-50!

Ok, let’s move on with a higher TA skill. Let’s talk about indicators. (I don’t care what type of indicators it is – be it a trending, non-trending, whatever) If you check with any TA experts: which indicator is the best? Their answers most probably will be this: the best indicator is the one I am showing you right now – a chart which already happen and the said person found it hard just to show how good that indicator is. Please then randomly choose another chart and ask him to pick up the same value using the same ‘splendid’ indicator. Can he? To make this assumption simple, I think all traders know metastock; there is an option call ‘system tester’. So, the said option is to help traders find the best choice in selecting which TA tools to use. In another words, even the software itself do not know which system is the best. In fact, if you go and test one by one, you would be surprised that each different type of product (even between different shares) needs different tools in order to optimize it. Sometimes, the worst part is: you find zero system is suitable for trading purpose. So, how high again for such a higher skill tool? For me,still 50-50 nia! Correct me if I am wrong: I think unker Sam’s FA at least are quite firm. Not sometimes happen, then sometimes not happen. But, TA indicators really ‘keng’ one: sometimes appear and most of the time disappear.

So, a TA trader would argue this way: we can optimize with the combination of few tools. For example, one moving average is not enough. Then, add two. Still not enough? Add three lor! Still not enough? Add until you can see rainbow lor! (Guppy Multiple MA lar). My only question is: how high is the reliability? For me, the most is still 50% nia! So, why it is so great if the chances of winning still in 50%?

Ok, since everything is 50-50; there is still a chance that a trader would win in long run; that is, a trader must win huge and loss small. So, how to do it? TA guys will say: simple nia! Put some stop loss and let profit run! Ok, let’s talk about stop loss first. My question is damn simple, how to put your stop loss? A static 10%, 20% or using candlestick, Fibonacci, ect? At the end, the results might still be 50-50 as each method of stop loss will only guarantee you of one thing – it is either correct or wrong! So, what’s the difference? Ok, if the stop was correct on 50% of all trades, it will still be considered as good. What about this way, the stop trigger too early and at the end, you miss a big profit because you had been trigger out! Basically, stop loss supposed to act as an opposite tool against running with profit. But, sometimes it could turn out to be a good block for good profit running! Yes, you can reenter when you had been mistakenly force out. what if you miss also on the reenter? What is you reenter and then kena your stop again? In a consolidation market, there is a great chance that such a situation will happen umpteen times. Ok, ok….. you can use a tool like Wilder’s ADXR to test the volatility so that you won’t jump into consolidation? Heh….. take some investigation on why Wilder created the whole set of ADX, ADXR stuff? Do you think he wanna help us avoid consolidation?

Lastly, let’s touch about letting the profit run. That was very important for commodities trader like me. So, what TA guys said? They also let profit run. But, I am sure they will never let profit run like what unker Sam did with stocks. Unker Sam, sorry to said that (hope you don’t mind that I am comparing myself to sifu level like you), but I am also like u on my commodities trading. As long as my own rules intact, I see no reasons to run at all. Why jump in jump out when you are so confident? Guess what, I hold before an EURO positions for more than one and a half year! Ok, back to TA, why I said they would not hold like us? They can’t do so as their skill ask them not to do so mah. For example, they might use Fibonacci! You and I know that the most Fibonacci can go is until 423.6%! After that, the job consider done. So, those TA experts would jump out and wait for retracement to buy back. My question is: what if there is no retracement? What if the said trader missed out the retracement as they do not know the retracement rest at 61.8% 0r 50%? So, again; it is all about 50-50 myth!

Unker, my English is no good and my explanations also a bit blur sometimes. (Hope you understand) My intention of writing all these is to answer your question. So, you have the right to publish it or not as I worried my broken angmoh and poor explanation will create havoc in your blog. Lol!

In short, why trust a tool with 50-50 chances most of the time? What is the necessary to have stop loss when I think a trader should concern more on the capital allocation? For me, a stop loss is a real burden. As for profit taking, I never limit myself with the TA tools anymore as by doing that, I might end up running in out in out and my average profits (if profits) becomes average at the end. So, that sums up my experiences with TA! As for my breakout system, I apologized for not be able to reveal so much. Cheers!

***

CPO Trader said...
Unker:

this tai chek kong Seng is really tai chek kong plus 出猫王 . I leave a message on one of his article, namely 'Trading FKLI, CPO'. But, he doesn't dare to post it also even though it was a very polite message from me. My intention is simple. I found it misleading, so I thought wanna kepoh a bit. However, it looks like this tai chek kong is someone who is quite stubborn and not open-minded at all.

Anyway, human beings are funny sometimes. If wanna learn, go learn with those winners mah. why learn with someone who is half tanker? Funny, ha.......

Alex
Seng: Anyway, I think that's my last comment live on FCPO here ... It's now up to you to guess whether I have a position or don't have a position ... this is serious money at stake here ...

Guess what???? Have or no have only mah.....

31 Jul 08, 10:33
Seng: 3030 15 points. Easy money or is it???

Easy money? A game with margin which had been increased from rm8k to rm 11k only looking for 15 points? are you joking? In this bear run, good traders are easily holding more than 400 points of paper profits at the moment!No joke! That's the real value of high leveraging. 15 points? I showed you a better path: go play a mini contract of spot forex better! That also you must choose those without volatility. Otherwiese, it's a real waste!Put it this way,be practical on where to park your money and be practical on your return too. Do not look for a return which is so low and yet, the risk is so high. 50-50 again? no way, TA man!

31 Jul 08, 10:33
Seng: FCPO approaching 3030 ... I hope they haven't read this cbox ...

who's going to read your cbox? crocodile? croc wont have time for that lar... to trap small players from the cbox to earn what? 15 points?

I am not try to be harsh here. But, do not misleading people ler....

Unker: sorry again to add something.... feel free to delete it if you feel unnecesarry. cheers

^V^ Let read what TA experts (ASIACHART.COM) n "FUN" manager commentted about KLSE last week !? ^V^

^V^

Read d below , u can see how good they r n how " accurate " TA is ! >

From so called TA expert nexttrade :-

1)
Thursday, July 09, 2009
Some unpleasant news
Readers of this blog are aware that I am cautiously optimistic about the outlook of the stock market & the economy. My take is that the economy has seen the worst & we may see some growth in later part of the year or early part of next year. The stock market- being a barometer of the economy- should recover earlier and that's what we saw in the past 3-4 months. The current correction is taking place in an over-bought market and is deemed healthy.

However, there are signs that the recovery may be running into trouble. The market was taken by surprise in early July when the US' unemployment rate jumped to a 26-year high of 9.5 per cent, with another 467,000 people losing their jobs in June. Most economists now believe it will top 10 per cent before the end of the year. Some 14.7 million people are now looking for work in US.

Firstly, we shall look at the charts of crude oil prices (WTIC) & freight rates (BDI). Increased economic activities & trades will drive up BDI & WTIC. We can see that BDI started to recover in early January while WTIC recovered in early March. These were immediately followed by a recovery in DJIA in the middle of March. Now, the picture is getting cloudier- BDI has broken below its 20-day SMA & WTIC has just broken below its 50-day SMA. Are we seeing a mild slowdown or something worse?


Chart 1 : DJIA, WTIC & BDI- 18 months to July 2009 (Source: Stockcharts.com & Investment Tools)

The second thing that we must look out for is the movement of the 10-year Treasury yield (TNX). If the economy is about to pick up & is flushed with liquidity, the bond market will signal its concern about a potential rise in inflation rate by selling down Treasury bond which automatically pushed up the yield. However, bond traders will do the reverse once the economy recovery shows sign of weakening. We can see both actions in end 2002 & middle of 2003, where the TNX crossed above the 10-month SMA & then dropped below the same line (the yellow & red vertical lines). You will note that in May this year, TNX crossed above the 10-month SMA and went as high as 4%. It is now dropping back very sharply & would likely to test the 10-month SMA line at 3.0-3.1% soon. It has already broken below the strong horizontal support area of around 3.5%.


Chart 2: S&P500 & TNX- 10 years to July 2009 (Source: The Technical Take)

From this article, you may have a better understanding of the bearish factors affecting the markets today. I have appended below the links to a few articles that take a rather grim view of the current economic situation. They are:

1. 'The crisis is morphing again', by PIMCO's Mohamed El-Erian (from FT Alphaville)
2. 'The worst is yet to come', by IMF chief (from Malaysian Insider)
3. 'Expect new equity low in 2nd Half', by Societe Generale's Albert Edwards (from Zero Hedge)
4. 'We're Headed Right Back To The 1930s' by Paul Krugman (from Clusterstock)
5. Second Stimulus to be considered, from US presidential adviser Laura Tyson (from Bloomberg)
Posted by Alex Lu at 7/09/2009 11:55:00 AM


Second :-

From "Fun " Manager , Darlie A/L Backhand Seng :-

Its been more than a week since I have posted that equity markets in general looked tired. Over the past few trading days basically reinforced my views. Markets have had a brilliant run for most of the first half of 2009. Generally, to sustain a bullish run for more than two months is difficult. In a normal market, you should be thankful to get two phases of bull run in a year, with each not lasting more than 2 months. Hence one should be thankful already. To be always 100% invested in markets is to make bloody sure that you want to be caught in a downtrend. Unless you are a big long term investors of the buy and hold mentality, you should find time to reduce your equity exposure every now and then, especially when it is so plain to read well.

Markets like Malaysia is mainly a trend and momentum market, thus rewarding those who trade. Its like a house that throws a party every 6 months, why show up when no one is around? Take your trading profits and go for a holiday. Get back in when conditions are better. I do think the last quarter and the first quarter next year could shape to be good markets for equity. Till then, take a break.

Posted by Darlie A/L Backhand Seng at 8:41 AM 8 July 2009

***
From Asiachart.com :-

Thks 4 showing us another example on how “good” TA is ..see guys ? asiachart said on 12 July 09 that “ D dow failed a key support at 8250 giving 2 the probability that d bull trend has run since march has ended . ha ha…Dow closed @ 8600 today , wow..y so much different one ?

Really feel sorry 4 those who 4low asiachart.com 2 short future last week, can someone calculate 4 me how much they lose ? from 1,060 to now 1,120 ? how much ?

Is TA works ? woww Asiachart ! u r great !

Wowww... Mkt shot up > 50 points after their posting , what 's up ? DOW broke its mid term MAV50days of 8464, so how now ? confirmed bull ?

Then what about yr previous comment ? r u saying they dont work at all ?

Take another look at d attached picture, RM 3,800 for TA course ? come on kid , if they r that good , y they so desperate to sell it 2 u @ RM 3,800 ? it is just like con man telling u " hello mr saw lo, I hv one god numbers , u pay me RM3,800 , i sell it 2 to , u will definitely strike come this saturday @ 4 D magnum !

Ha ha u believe them ? U dont need 2 believe me , just use yr brain n think about it ^V^

Once again ! can someone tell me Is TA works ?

Some kids said " when mkt up , ah sam sell , when mkt down, ah sam hold 4 long term , like that sure win lah "... ha ha dudes, that shld be d way mah !..that's y I make profit most of d times , bukan ?

Still think u can catch tgoffwa @0.57 ? no volume means sure down meh ? let me put some money in yr pocket here , when u buy warrant, besides its in/out money /due date...d most important is FA of its mom not warrant himself ! if mom doesnt move up, how can d son 4low ? got it kids ? ^_-

ha ha i saw someone got hurt so much in other blog..take it ezi..take it ezi ! never too late to know u r still a kid ^_-

^V^ 3 great stuffs ,( 1 ) My clickbank ac ( 2 ) TA kiddy now or never call on citi @ >5.05 ( 3 ) EdmundKS bull trap short KLCI @ 1,092 ^V^

1) My click bank ac

28 August 2009

^V^

2 all TA Losers,

B4 I boarding 2nite, let me show u a little bit of my clickbank statement 2 u , look at d amount stated there..what is d figure hidding infront of 9,459.54 ? could it be 9? 8 ? 7? or 5 ? dont 4get, it is in USD ! u must times 3.55 one wor !

N oso how many members I hv ? what is d figure hidding behind 285 ? ha ha.. ok lah..be conservative abit..no need 2 take 9 or 8,... take 1 enuf liaoo... hence if d figure is 1, then it shld be 1,285 members liaooo..let calculate how much I made from my ebook !?

Feel fras? feel sour ? ha ha..that's what I want 2 see ..wait..that's not d end yet..more 2 come in this week, How many members more I can get by end of this month ? another 300 members ?? ^_^.

I can now imagine how sour n fras u r ^_^... I will blog this up on 2 September 2009, stay tune ok ?

Yah..dont 4get 2 bark ard 2 tell ppl not to buy my holland ebook..ok ?

I am now feel extremerly happy seeing u get sour n fras! dont get heart attack by my clickbank statement ! k ?

Yah..since u got my address n u said u wanna 2 whack me kow kow ..come baby, come n whack me lar..waiting eargerly 4 u here ! come baby come !

Horay horay..is a holi holidays..

Enjoy yr holidays ok ?

88 n be well ^_+ ( 2 Ben, thanks 4 telling me about d barking TA loser )

ONCE AGAIN ! IS TA WORKS ? MY FOOT !!!

k..let take a look how "FOOT" TA was >>

2) TA kaichiew shouted "NOW OR NEVER" on citi @ >5.05 last Friday :-

Buy US stocks now or lese you might regret.....ONCE IN A LIFE TIME....CITIBANK closed at 5.05 last night...BAC is still strongly supported above MA50...Fannie Mae closed at 1.92 last night...They have moved up more than 30% since last 2 weeks....FYI...i use local broker to trade...my profit now is far more than the high comm. they charge me...HOORAY!!!!!!!!!!!!!!!!based on TA....US and European share markets will lead the world market to another BULL.....but need to pump up the volume..cheers!!!
Posted by kaichiew at 7:16 AM

***

My comments :-

Wowww... breaks 5.05 liaooo..now or never ? oppss..how much is citi as at todate ? 4.54 ! OMG ! so how now ? cut loss ? so..did u trigger yr cut loss button oledi ? ^_^

FYI, FA called to buy citi @ 2.60 n oledi made tones of money liaooo... what say u kai ? I noticed u posted there " FA is too simple to learn " ha ha...need a second thought again ? u cant even beat simple FA , what make u think u can make money from Tak Akal method ??

Guys, seeing is believeing , TA asked u 2 buy citi @ >5.05 as compared 2 FA whose asked u 2 buy citi @ 2.60 , do I need 2 explain more ? same like uncle sam asked u 2 buy uemland @ 0.50 as compared 2 kaichiew whose called 2 buy uemland @ >1.62 , once again, do I need 2 explain more ? ^_^

k.. let move to Edmund KS

3) Edmund called 2 short KLCI @ 1,092 on July

KLCI Next Target is: 999.7 (6 July, 2009)

The chart tells it all. Based on the Fibonacci Retracement Theory, I believe KLCI is heading towards the next support of the Fibonnaci Retracement Theory of 61.8% which is 999.7. I am very sure that it is going to happen.

However, I am not sure whether the 61.8% is a strong support point for KLCI or not. It will have to depends how strong the index bound back from the 61.8% level and where it stays for consolidation. But based on my experience, we might be able to catch some goodies when it actually touch the 2nd support. Stay tuned to Winbursa and I will update you when the time and opportunity is on our side.

Trade with cautious. This is a bull trap market for now!

Edmund KS said >

Today, while surfing 1 of a famous financial blog, I begin to think that I am stupid. The famous blogger is a fundamental analysis person. There are many people who visited his blog and adore. Recently, he decided to make his blog private and charge around USD 38 for people to log in and visit his blog.I have also visited his blog and I confess that I am really jealous of him. This guy is a very smart person with a business brain. And his portfolio is indeed proven to make money. I am jealous of him because he already make around RM 50,000 from his private blog. He also said that he will donate some money to charity which I dont think so. He said that that he will invest part of the RM50,00o in his X stock and the winning he will give to the donation. However, what if the X stock does not make money? Then he still keep the RM 50,000 for himself."Anyway, if he is truly genuine he will donate, he should have donated immediately and not waited for this and that. Anyway, I just have 1 advice for this person, if he make use of the charity name for his personal gain, this is very bad thing to do, his karma will get back to him 1 way or another". King Spartan Edmun

***

My comments :-

Woww..if one listen 2 him n short future @ 1,092 on July, sure holland now ! imagine if he cut loss @ 1,195 last wednesday ? wowww >100 points loss ! u called that power of TA ? ha ha

I think u shld change yr name from winbursa 2 "LOSEBURSA", how u like that name ?

Well... thanks 4 yr compliment KS , I am smart ? OPPSS NOPE ! I am not ! I am just like u guys , it is FA that make me what I am today ! ..if u wanna 2 be like me , THROW AWAY yr TA n swap 2 FA , u can be like me oso ^_^

Yah, I think u r not only weak on shares investment but maths oso , how u manage 2 get my shares return as 2% ? > 200K return in 2009 with capital only 150K ! how u get 2 % ??

Btw, talking about karma , ha ha kid, this one nobody knows better than me ..ok !? I know what I am doing ! only one believe n praticing good karma will lead him 2 a place called " niwana ". know what is niwana stand 4 ? ha ha..

Whatever u do, always think of this >

" 人在做 , 天在看 ! "

^V^

^V^ Wowww What a Cockroach Theory SELL SIME @ 7.61 by ta gan, is that what u called ta can tell alot of stories ? ^V^

Ah gan said:-

Have you heard of the Cockroach Theory? Well, it simply means that if you see a cockroach flying about, you can be sure that their are many in the closet.
At a time when palm oil prices are good, Sime stands out not as the company that has done best but as the one that has done worst. Sime has the greatest acreage of oil palm in the world. How come it is not making good money? One of its GM is now facing graft charges.
Does the above chart look good to you? To me, it is definitely saying loud and clear ithat
it is heading lower.
I have downgraded it to sell.
Posted by Ah Gan at 1:55 PM

***************************************************************************

Woww really an eye-open ! what a fantastic theory by this ta gan ! ichiban ! first epic , then come tdm ! all proven failed ! now come another ta sell call sime @ 7.61 ! bravo ah gan, u r really fantastic, so how now ? sime is now 8.30, long back ??? cut loss again ? oooo boy ! this is d third cut loss within 1 month ! y arh ? I heard u said ta can tell alot of stories wat ? r u refer 2 all these cut loss stories ? salute salute ! my saying: u buy cockroach u stay with cockroach ^_-


See guys ? do I need 2 say more ? from his past records, based on FA , ah gan strike most of d time, but once he adopted tak ada akal method.... u see what i see ^_-

Jgn marah yah ?


Anything 2 say my dear gan ?

^V^ Hello Lu lu, is Harta still a buy >5.60 ? how now ? cut loss n run ? ^V^

^V^

Lulu called to buy Harta if price > 5.60 , read this >

Chart 1: Harta's last 16 quarterly results

Valuation

Harta (closed at RM5.53 yesterday) is now trading at a trailing PE of 12 times (based on last 4 quarters' EPS of 47 sen). At this multiple, Harta is deemed undemanding.

Technical Outlook

Harta is still consolidating, with upside capped by the strong horizontal resistance at RM5.60-5.66. However we can see that the MACD indicator has hooked up, which could be signaling a potential re-test of the RM5.60-5.66 level.


Chart 2: Harta's weekly chart as at Nov 9, 2010 (Source: Quickcharts)

Conclusion

Based on good financial performance & undemanding valuation, Harta may be good for long-term investment. However, the stock's upside is capped at RM5.60-5.66. If it can break above that level, Harta could become a good trading BUY.

Posted by Alex Lu at 11/10/2010 08:19:00 AM 10 comments .

**********************************************************

Look at d above historical prices by Harta , high @ 5.63 after lulu's call , based on lulu call 2 buy Harta @ >5.60 , how now ? cut loss n sell ?

Why cut loss ? arent u telling yr fans harta is a buy if she break above 5.60 ? then how now ? sell ???

Hello lulu, do I need 2 tell more ? ^_-

____________________________________________________

Samgoss
samltt88@yahoo.com
118.100.85.130
Submitted on 2010/11/23 at 1:20pm

Back… know what I did yesterday ? ^_- ha ha… just got my new car yestreday ^_- it was awarded by 3 Mr FAs :- Genting sp , Bstead n Sunrise ^_- anyway… I dont feel excited at all cos this is not d biggest gain I hv ever got, 2 those old osk fans , u shld know which r my biggest darlings ^_-? They r ytl-wb n Ijmwb ^_-

2 ta losers, is my new car Merz or BMW ? ^_-.. dont worry baby, it is kancil only..Uncle Sam pokai liaooo , boh lui liaooo n cham liaoooo, happy 2 hear that ? as long as u feel happy , I am happy ^_- ha ha

http://samltt88.blogspot.com/2008/12/v-299returns-in-26-months-is-no-big.html

I am not showing off here , I just wanna 2 let u guys know that FA is nothing but d best !

2 118, yes ! agreed with u on kkk, this guy like 2 show off very much esp when they r leading ! Tan also another bugger whose didnt played with strong determination ! u can see when cai or kido make mistake, they blame themselves but when tan make mistake , he smile !!! see d differences here ?

We can’t blame dato, he played very well oledi , too bad…lin dan is even better at that night !

I wonder how taufik feel now after lin dan captured d asian game title, 4 us esp those who know what is badminton , we know very well Asian game champion is not a major title at all ! d four major titles were Olympic, World Championship , World cup n All Engalnd , where got such thing as Asian Games Champion 2 be listed as major title ??? it is bcos of taufik Jealous on Lin Dan’s success ! Hello taufik, what say u now ? Lin Dan won all liaooo ! how about u ? Where is yr All ENGLAND title ? mana ?

2 Dywin , mail 2 amltt88@gmail.com">samltt88@gmail.com , my technical guy will solve it 4 u .

2 JASON>> NOT A BAD BUY ^_-

2 coolstock, suncity wa has gone up quite alot liaooo, not my style 2 chase ^_-

2 Sharity fun , of coz it is a good catch , but dont buy in all in 1 shot , buy in stages , says 4.10, 3.90 , 3.80, 3.70….I am waiting 2 buy back my 2 lots that hv sold @ 4.34 ^_-

2 vike… if u strike from ipo, congrats ! if u wanna 2 buy in in open mkt , then it depends on what price u enter , let c how on friday ^_-

K..guys, once again, I wanna 2 repeat d beauty of my swap method, as known 2 u all, I hv taken profit on sunrise @ avg 3.04 n Muhibah @ 1.34+- , after my disposal , both of them shot up another 15% from my exit price , but look at their last traded price ..oledi down below my selling price liaoo, this show noone could sell @ highest n buy @ LOWEST , as long as u feel comfortable with yr profit , sell in stages n swap.

After my disposal of Muhibah b Sunrise , I swap some 2 s???? @ 1.16 , XXXXX @ 1.42 n NNNNNN @ 1.12+ , see yrself how much all these buggers last traded ? not much differences from my cost ! why ?

Cos my method is right n safe ! when one stock outperformed d others , u take profit n swap 2 those underperformed buggers , this is one of d way 2 protect yr profit n lower yr holding risk ^_-

I am now waiting 2 buy back Muhibah @ 1.18+- n Sunrise @ 2.60+-

^V^ Citi @ 4.55 now! how Alex Lu Lu ? cut loss ? Finally Alex Lu Lu admitted that FA is nothing but d best !^V^

^V^

Read d attachment , finally Alex Lu Lu admitted that FA is d best if one wanna 2 make $$$$ in KLSE !

Hello ALex , yr client loss his temper arh ? aiyoyo... what for ? if I were him , I will stay cool n counter u with this question :-

Dear Lu Lu, since u r so confident that Transmile n Saag's FA r in deep shit , n there is no hope 2 make $$$ from them , then y there is a need 2 use tak ada akar method ( TA) 4 yr stock picks ? y ? y not u just use FA 2 do it ?

u may come n tell me that ta can times d entry ! really ? then perhaps u should tell us about yr call 2 buy citi @ >4.80 ! ( read d attachment again ) , based on TA u called to buy citi @ 4.80, u said she has breaks its resistance of 4.80 n is confirmed heading north ! what happen now ? citi is now 4.55 liaooo ! cut loss n sell ? how alex how ?

Don't tell us it is HOLD ! cos TA always apply stop loss when price breaks its supporting ! cut loss ?

Is this what u means by ta can times d entry ???

So how Lu LU , what now FA or TA ?

Still TA ? if d answer is yes, then u shouldn't tell yr client that SAAG n Transmile r hopeless LOL !

I am wondering what if Transmile n Saag breaks its resistance one day , then u will come n tell us , based on ta ..bla bla bla... it is a buy on Transmile n saag liaooo, will u ?

^V^ XXX is coming slowly but surely $$$ , Warren Buffet criticism on technical analysis, he said ta is never work ! ^V^

Wanna 2 know what is xxxx ? bot on 6/4/2011 ? within 3 days up 8% liaoo ( see d attachment ) ..do I need tak ada akal 2 times my entry ? ha ha after MEGB @ 1.79, this bugger xxxx shld be d next one ^_- will blog up here after she rose > 20% from my cost, stay tune yah ?

2 all, I am not d first one whose criticize ta ( tak ada akal method ) even d great warren buffet also said d same, read this >

http://www.epinions.com/finc-review-1935-D65AB19-38EAE41E-prod2

read rule no 2 >

Warren Buffet's strategy on technical analysis
Apr 05 '00

After much research and experience in investing I've discovered a simple strategy which works very well for profitable investing. It's a composite of Charles Schwab's and Warren Buffet's strategy. As you may know, Warren Buffet started with a little investment decades ago and now he's the third richest man in the world with over $30,000,000,000 in stock in the company he built. Charles Schwab is the genius who began the most successful off-price brokerage in the world. Here's what they say about investing and technical analysis:

Rule number one: Buy a company you'd be willing to hold for a lifetime.

When you put your money in a stock, you become an owner of that firm. You're essentially buying part of it and you reap the profit from the shares you buy in terms of earnings per share. Then the company may pay out those earnings per share in dividends or invest back into the company for growth. Make sure that you're buying a firm that you can depend on, even when the market is down. Investing isn't about the quick in-and-out schemes that lose most day-traders money. That's called gambling. Investing is putting your trust and your resources into a firm which you're willing to commit your hard-earned money to. This leads to my next point.

Rule number two: Ignore technical analysis.

Technical analysis is used to predict whether or not a stock will go up or down in the short term. Some people think that they can ignore the fundamentals of the companies they buy based on technical analysis and end up losing large amounts of money. Yet, no responsible financial advisor would recommend or practice buying based solely or largely on technical analysis. That practice is used for what I defined to be gambling. Essentially relying on technical analysis involves looking at the volume of trading, advances/declines in the share price, and trying to determine whether or not the price will continue upward or reverse. For example, a lot of people buy or sell based on momentum. They jump on the bandwagon or abandon ship with the rest of the crowd. Yet, these fluctuations based on the herd mentality do less for those playing on technical analysis and more for the investor who looks for good value in shares. For, often people selling on technical analysis overshoot and cause a stock's value to be worth less than its fair value. Thanks to people who get burned on these losses, investors find unique opportunities to snatch up great comanies at bargain-basement prices.


***
Technical analysis is a simple yet compelling strategy. You can see why Buffett spent years early in his career trying to master it.

An expensive mistake
But Buffett discovered one small problem. Technical analysis didn't work. He explained, "I realized that technical analysis didn't work when I turned the chart upside down and didn't get a different answer."

After eight years of trying, he concluded that it was the wrong way to invest. Then he focused on the teachings of Ben Graham, which stressed business fundamentals, finding a strategy that both made sense and, more importantly, worked.

Three simple rules
The billionaire discussed that strategy at the 2008 Berkshire Hathaway (NYSE: BRK-B) general meeting. When he was asked how to avoid the crowd mind-set, he said he simply followed Graham's three most important lessons:

1. Buy stocks with a margin of safety.
2. A stock is part of a business.
3. The market is there to serve you, not instruct you.

***

So how now ta losers ? am I d only one whose said ta is tak ada akal method ?

wake up wake up ! never too late 2 know ta = tak ada akal method / rubbish !

LOL , Jgn marah yah !? ^_-

^V^ FA vs ta ( tak ada akal method ) confession by ta loser Mr Lee ^V^

From: Lee Hong ???? h??_1981@yahoo.com
Date: Sat, May 14, 2011 at 7:04 AM
Subject: TA vs FA
To: "support@samgangblogspot.com"
Cc: "h??ee_1981@yahoo.com"


Hello Uncle Sam,

I read your blog and subscribed to your samgang blog yesterday.......feel like 相见恨晚。。。

I have been trading (i feel like gambling) local FKLI and FCPO futures for 2 years relying on TA, no need to say, 输到趴再地上不能动。。。similar on my venture in Forex.....account almost die.......I can say I have gone through all technical indicators, candle stick, even learned to create automated trading systems for my forex trading.....blindly rely on my so called "holy grail" system already brought me to 荷兰many many times.......

Talking about Failure in TA, 我是人版。。。

At the moment I am very disappointed in my trading journey, especially don't trust technical trading anymore, one of my trading sifu recommended me have a look at your blog........he said you explain very well why TA not working......that's how I found your blog......这是一个人生中很重要的际遇。。。。

多谢你的字字诸机。。。多谢你的直言。。。多谢你唤醒我不要再以 TA 为理由在赌博。。。投资才是最可靠。。。

希望亡羊而补牢，未为迟也。。。。。

I gonna empty my cup and learn in humble manner from you.........

Thanks,
Sam Lee

**********

2 Sam Lee ,

First of all , may I know who is d trading sifu that introduced u 2 my blog ? jgn jgn it is mike loser lee or alex lu worrr ? ha ha

Well, never too late 2 know ta is never works , I am not d only one whose critics ta , d great warren buffet oso said d same >

http://www0.epinions.com/finc-review-1935-D65AB19-38EAE41E-prod2

http://samgang.blogspot.com/2011/04/v-xxx-is-coming-slowly-but-surely.html

It is not too late 2 start all over again ^_- , in order 4 u 2 know better d beauty of FA, click this >

http://samltt88.blogspot.com/2010/07/v-samgoss-fa-methodology-v.html

n oso , see d attached portfolio , although d mkt is not doing well lately but my current portfolio is still making RM52,340.29 ^_-...not bad yah ???

Can tak ada akal method achieve this ?

This is d beauty of FA , I dont know when it will come but I know she will bring me $$$$one day ^_- do u like this beauty ? ^_-

^V^ I hv created a ta = tak ada akal blog 4 all ta losers esp mr lulu ^V^

^V^

I hv created a new blog 4 ta losers > http://takadaakal.blogspot.com/


Good evening guys, here is ta killer samgoss again !start from day one , I hv told u guys that I am 100% anti ta= tak ada akal method ! past , present & future !!!

Am I d only one critic on ta ? d answer is NO! even d great warren buffet also hv d same thought , click here >

http://www.epinions.com/finc-review-1935-D65AB19-38EAE41E-prod2

K...

D below r d comments posted by lulu's fans on 7 June 2007, let me answer here 1 by 1

jy said :
JY said...
Alex, I salute your humbleness.

The reason he is attacking your blog is due to your blog has one of the highest viewership among M'sian investment blogs.

According to www.alexa.com, a web-traffic monitor website, nexttrade popularity ranking in Malaysia is no.6,171 while sam's website is far behind at only no.60,346.

My answer 2 JY


Ohhh really ? I think u should brush up yr IT knowledge b4 u shame yrself here ^_- know y my ranking lower than lulu ? ha ha cos my 3,200 over members r clicking into my private blog instead of my public blog !

Second, as known 2 u all, mine is PRIVATE BLOG, unless u r d member, otherwise no one could get access 2 my blog ! hence, web traffic monitor has no access 2 my private blog hits ! .obviously my popularity ranking is lower , like that oso dun know meh ?


2nd Joker

Digital said...
Hello Alex, he's still a kid to understand TA well. Did you blame the car if you dont know how to drive one?

My answer 2 joker digital

Ohh really , may I know is warren buffer also a "KID " ? he said ta is useless worr.... click here >

http://www0.epinions.com/finc-review-1935-D65AB19-38EAE41E-prod2

r u telling me warren buffet oso dun know how 2 drive ? ha ha

Joker no 3

jackie said...
a number of my friends are subscribers to his so-called private blog. they are complaining to me now as they are caught now with significant paper losses on quite a number of sam's so-called FA picks. i was told his excuse for the loss picks are when market is quiet, even good Qe will not be able to do anything to the stock price. Well do you agree with him? hahaha.
but why are there others who still make money now in the stock market when it is so quiet ?

My answer 2 Jakie

Ha ha...we r making losses ? really ? I think u was cheated by yr friend liaooo, check with others in my private blog, if they 4low me since day one I created my private blog ( August 2008 ) , their returns is nothing less than 120 % !!! u doubt ? then u shld ask other in my private blog ^_-

Btw... seeing is believing , proven track records here >

http://samltt88.blogspot.com/

n oso , is I am damn lousy like yr friend said, how on earth I can hv > 3,000 members in my private blog ? doubt ? click here LOL :_

http://4.bp.blogspot.com/_GYW-rdwnDS4/TTpw4w5AezI/AAAAAAAADnA/Q3JkdGJ-bFk/s1600/3126.jpg


http://samgangcharity.blogspot.com/2011/01/v-sour-mo-mo-cow-attacks-tan-teng-boo.html

Still lousy ? UMMMMp... If u think by saying I am lousy can ease yr sourness... well, as long as u feel happy, no harm pls go ahead LOL> ^_-

D final joker

Alex Lu said :-

The first thing you should know is where Sam is coming from? His main objective is to run me out of town because I am putting up my investment thoughts & recommendations for free which could be a threat to his subscription-based website or weblog.

My answer 2 him....

This is d greatest joke I hv ever heard ! Threat ??? OMG ! do u know how 2 write d word "SHAME " !??

Threat ?

Well...let see what is threat that mentioned by alex lu lu

1st threat was

Based on TA , lulu calling buy on Citi @ USD4.88
http://samgang.blogspot.com/2011/03/v-citi-455-now-how-alex-lu-lu-cut-loss.html

It is now USD 3.8 !

Wowww what a threat alex !!! so mr digital, is alex doesnt know how 2 drive ? ^_- LOL !

2 nd threat , Lex lu called to buy MEGB @ 2.12 last month , click here >
http://samgang.blogspot.com/2011/06/v-didnt-i-told-u-not-2-touch-call.html


MEGB was once down to 1.75 b4 she bounced back 2 current level of 1.95 !

Wowww what a threat by lulu ^_- LOL !


3rd threat !!!!


Ha ha see d attached pictures , Alex lu lu called 2 buy muhibah @ 1.95 last week , how much is muhibah now ? withing 1 weeks down almost 40cts, is that a tak ada akal method threat ?

salute salute on alex lulu !

btw guys, did he ever trigger d stop loss button ? tak ada akal method always hv d stop loss point ! did he ? LOL!

Lastly, alex lu said :-

I wish Sam all the best in his work and I hope that one day Sam & I can meet up & have a polite discussion about the pros & cons of technical analysis.

Ha ha... meet up n hv a polite discussion ? y should I ? as long as u r tak ada akal method 4lower , I will never go down 2 yr level 2 discuss with u !

Sound lansi ? sorry guys, when come 2 ta stuffs.... I can be very very LCLY ! ^_-

2 all my private 4lowers out there , this is uncle sam !!! if u dun like my character or style of attacking ta losers , quit from my blog n 88 !

I dont rely on blogging 2 earn a living ^_- further more , leaving me is not my loss BUT YOU !