Thursday, August 19, 2010

The magic of the weekly trend

20100819 On trends, whenever the topic of investing in stocks on Bursamalaysia comes up 99% of the time the response form the other party is that, "I do not believe in the Malaysian stock market. So, since the subject of trend trading recently comes up a few pictures to tell the thousand word story....

The stock market has a jeckyl and hyde character, sometgimes it gives unbelievably low prices and sometimes unbelievably high prices and in the words of the super remisier, Peter Lim, the secret is not to fear market crashes and make sure one is not strapped for cash...

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"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

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From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system