random 30/9/18

1) new trading idea

2) "when you learn a new idea, write it in your journal. so that you can do daily repetitions" - what mr schoaff taught mr rohn

3) always watch the slopes of all 3 moving averages

4) 200 ma rebound also sometimes turn out to give high return. to study more

5) if mother gbs positive, cover iv benzylpenicillin 3g stat before ARM

6) "set a goal to become a millionaire. and not because of the money, but because of the person it will make of you" - earl shoaff, on personal development

pakya goals 29/9/18

pakya goals 27/9/18

1) quit medicine and become a full time trader as fast as possible

2) quit medicine before finish housemen

3) quit medicine once achieve atleast 420k

4) random charts study - atleast 5000

5) trading practice - atleast 10 wins (not decide yet how to do this)

6) full solat 5 waktu for 30 days

bullruns collections update 28/9/18

great bullruns (≥100% return)

aji (2658) jan 17
ancom (4758) may 17
annjoo (6556) mar 16
asdion (0068) may 18
brahims (9474) jan 14
cjcen (7117) jul 07
coastal (5071) jan 14
cscstel (5094) may 16
cuscapi (0051) nov 17
d&o (7204) apr 17
dataprp (8338) mar 17
dufu (7233) jan 17
elsoft (0090) jan 14
elsoft (0090) jan 17
evergrn (5101) apr 15
eversendai (5205) mar 17
ewein (7249) apr 15
flbhd (5197) may 15
geely (hkex) may 17
haio (7668) sept 17
hevea (5095) jan 15
hibiscs (5199) jan 17
hsseb (0185) nov 17
huaan (2739) oct 17
ifcamsc (0023) oct 14
inari (0166) jan 13
iwcity (1589) feb 07
iwcity (1589) mar 17
kgb (0151) apr 17
kpj (5878) may 06
kpj (5878) may 09
krono (0176) jul 16
lionind (4235) nov 16
mieco (5001) jan 17
mycron (5087) may 16
myeg (0138) jan 17
myeg (0138) may 14
notion (0083) jan 17
penta (7160) jan 17
sam (9822) may 15
scgm (7247) mar 12
shang (5517) may 12
supermx (7106) may 09
supermx (7106) jul 18
takaful (6139) jan 12
tchong (4405) may 09
techfast (0084) jan 17
thriven (7889) apr 15
unisem (5005) jan 10
vis (0120) jan 17
vitrox (0097) 17
vs (6963) jul 17


short bullruns (<100% return)

aemulus (0181) feb 17
affin (5185) jan 17
ancomlb (0048) mar 07
anzo (9342) apr 17
brahims (9474) apr 12
carepls (0163) apr 17
chinhin (5273) apr 17
d&o (7204) oct 15
destini (7212) jan 14
destini (7212) sep 17
dnex (4456) apr 16
fgv (5222) sep 16
handal (7253) sept 10
heim (3255) may 16
jaks (4723) apr 17
kenanga (6483) feb 17
lbalum (9326) jan 17
malton (6181) feb 17
mpi (3867) apr 17
mwe (3921) mar 17
nhfatt (7060) jan 16
novamsc (0026) apr 14
ntpm (5066) jan 16
ntpm (5066) jun 13
opensys (0040) aug 13
pos (4634) oct 16
pphb (8273) jul 17
rgb (0037) jan 17
sam (9822) jan 14
sam (9822) apr 17
saprng (5218) mar 17
seacera (7073) apr 17
sunway (5211) may 17
supermx (7106) oct 15
tchong (4405) oct 07
tchong (4405) may 12
topglove (7113) jan 15
uems (5148) mar 13
unisem (5005) apr 14
unisem (5005) jan 17
vertice (7240) jul 17
waseong (5142) jul 17

wcehb (3565) mar 17

names 28/9/18

aravind - kwn jot
nasrun - kwn jot


bukhara restaurant
tiny elephant

random thoughts 28/9/18

-write down everything that im sure to forget. eg : names of people I met today, names of restaurants, names of whatever, etc

-the law of nature is unbreakable. the law of stock market is the same. but knowing the law of stock market is the real challenge

trend trading principle no 1

you do not need many trades to be a great trader. what you need is just a great bullrun with massive profits

-always remember this principle

pakya goals 27/9/18

1) quit medicine and become a full time trader as fast as possible

2) quit medicine before finish housemen

3) quit medicine once achieve atleast 420k

the outline of change

-its well known to me now that to change my life, I need to change myself

-changing myself needs 3 things

1) number 1 are goals

-I need list of goals, things I want to achieve. it needs to be list down, written down, and to read everyday

2) number 2 are plans

-plans are basically the things I need to do to achieve my goals

-also, plans need to be written down

3) number 3 are disciplines to carry out the plans

-goals and plans alone are useless if I dont have the discipline strong enough to carry out those

-discipline can also be written down to see which days I have done it, which days I have failed, etc.



conclusion

-notice all the 3 things, goals, plans and disciplines all needs to be written down. not just mentally thought, but it needs to be written

-all 3 things are required at once. failure to do just 1 will result in failure to change

how to decide when to liquidate a winning stock position, by william o neil

how to decide when to liquidate a winning stock position, by william o neil

-market wizard, pg 229

random jim rohn 26/9/18

-decide what you want and write it down

-set a goal to be a millionaire. and here's why : for what its gonna make of you to get it

trading thoughts 26/9/18

1) unisem
-forms a gap that became support
-60 min pullback to support
-ADSP wise, quite ok

2) dancomech
-possible pullback of new high
-wait for rebound
-in the case of real time, I might buy using a stop buy order

3) elsoft
-back to support in 60 min
-I wonder where this chart going in few months
-gonna monitor closely

4) vitrox
-similar to elsoft, pullback to support
-this time even better looking, where in 60 min, everything converge to 200 MA
-monitor closely

5) vis
-upgap + triangles breakout
-ADSP ok
-buy at 0.725 (or 0.75 if use stop buy)

6) scomnet
-buy at 0.735 (stop buy)
-the counter has already ran for few days here, but the setup here are : pullback of new high, parabolics
-hence, by logic, its gonna go higher

EDIT 12/2/19

-ALL of them proven wrong, which leads me to the following lesson : importance of good trading setups

jim rohn books recommendations

3 books recommended by jim rohn in one of his lecture :

1) think and grow rich - by napoleon hill

2) the richest man in babylon - by george clason

3) how to read a book - by mortimer adler

regarding the third book, mr rohn added 2 important points why I should own it and read it

1. in this book there are techniques described by the author on how best to get from a book

2. there are list of some of the best books ever written. these are the books, mr rohn said to be the starting you should own and read

do everyday goals

1) decide what are the things that i want to do daily

2) do it everyday for 30 days, then 90 days

3) if one day missed, reset back to zero

thinking on papers

-if cannot make decision between 2 choices, think on paper and decide on the spot

1) think on papers

2) decide on the spot

3) follow through decision and never change

4) if need to change so much, repeat step 1 again

keep a journal

keeping a journal is one of the many excellent idea that i learnt from listening to jim rohn lectures

just imagine, if you just write one good idea, one good random thought, or one new knowledge per day, every single day,

what would your journal looks like in one year, in five years, in ten years?

this is definitely an idea worth millions

and, it will become so valuable that it can be passed on to your children, more valuable than leaving them a land or a house

no 2 : reviewing goals

no 1 : setting goals

no 2 are reviewing them often, and at the minimum, twice daily

this is important for 2 reasons

1) to align your subconscious mind with your goals using daily repetitions

2) for you to revise whenever necessary


no 3 : planning

no 1 : setting goals

if you dont already have list of goals, thats where you start

really put down the time and work hard to list down your goals

write it down on papers. once done, write it in your journal

always write your goals in your journal

here are the list of goals i set on this date, here are the list of goals i set on that date, etc...

thats no 1, setting goals

change

people dont change. but those who do, come out on top as winner and leave the others behind

as ed seykota said : "there is not much losing traders can do to become winning traders.

losing traders dont change. thats the kind of thing winning traders do"

notice the keyword here is change

stories of failures

the unfortunate things is we can hardly find books or articles on failures. if there were one person who were willing to talk about their failures and mistakes, it would be of great fortune to listen and take good notes on that

more fortunate than stories of successes

quality over quantity

-new traders doesnt and cannot understand this simple concept

-actually how much you trades doesnt matter, the quality of your trades are more important

-one big winner is more important than ten (or twenty, or thirty) small trades. remember this.

-you dont need to trade so much. just one trade with great bullrun is enough to make you very, very rich. eg making great profits (50-200% or even more)

sleep time

change

random post button in blogger

random post button in blogger

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source

reminder for future self

create a list of the following

these are the things that i want to do everyday from now till forever

ed seykota key take notes

market wizards, pg 161

a) ed seykota view of fundamentals

b) ed seykota 3 primary trading components

scheduling

the rule of 30 days

-based on the concept that any habits can be formed by doing something everyday for 21 days, 30 days, 90 days, etc

-one day fail without strong reason, to start again

donchian method

richard donchian
5 and 20 ma crossover
weekly rule system


*the system that ed seykota said he was inspired to in market wizard, along with reminiscences of stock operator

how can you divide goals

goals can be divided by 2 methods of divisions

1) long range and short range
-long range are our dreams
-short range are our daily, weekly, monthly, yearly goals

2) economics, things we want, and personal development

traits of a successful trader

traits of a successful trader -market wizards, page 146

trading thoughts 23/9/18

handal
-long term S2
-currently in correction phase
-monitor daily for post correct

random jim rohn

-the secret to success is a few simple disciplines practiced everyday

-all disciplines affect each other. each new/lack effects the rest

-be honset to yourself. what is your weakness or lacking

-clarity is important (knowing exactly where you want to go)

-the promise of the future is an awesome force

-just practicing the discipline can give you a great feeling of self-confidence

-success : the steady progress in reaching your own personal goals

-continuous learning is the key to success

sleep rules

1) sleep at 10 pm

2) wakeup at 4 am

trading setups

-I cannot stress how important it is to wait for good / great / perfect trading setup before I initiate accumulation / position in the counter

-the lack of good trading setup is the main cause for loss or getting stuck in a counter

-there are many types of trading setups. my aim is to study as much as possible I can observe in past bullruns, classify them, and collect as many examples as possible for each setup

-my end-goal is to be able to detect the formation of these setups in real time and take opportunity from them

-I believe, the study of trading setups is one of the most important aspect of trading study

-one more, good trading setup must never violate ADSP (ie, they must always follow the rules of ADSP)

the hardest part of trading

waiting is hard

waiting means daily monitoring

i think this is one of the harder part of trading. to monitor and sit still for months and months till a good setup occur

a) when to start monitor a counter?

-when 20 MA and 50 MA breaks above 200 MA in daily chart


b) how long you have to monitor?

-for as long as possible until a great setup occur


c) what you should always remember?

-not to buy prematurely when no good setup
-patience is the key
-this is the hardest part of trading : waiting

trading arsenals

-not ranked by order of importance or effectiveness

1. price
2. volume
3. candlesticks
4. moving averages
5. MACD
6. stochastics
7. chart patterns
8. market stages
9. multiple timeframe analysis
10. ADSP

the simple way to make money in the stock market

making money in the stock market is simple

the secret is this : if you are correct in the general direction of the counter, then in the long term you will always make money

yes its as simple as that

first most important thing in trading

i think the first most important thing in trading is to determine what is the general direction of the counter in the future, bullish or bearish?

you determine this closely by watching the averages, chart patterns, etc

once this is done, you can begin looking microscopically for good entry setup

tachy

tachy - run fast ivd 1p, ecg

how to change yourself

to change yourself to be a better person, you must change what you do daily. its that simple, but not so simple to do

do from now on, no more later, no more tomorrow!

do everything in daily checklist

DIVC regime

4p pc, 4u plt, 4 ffp, 6 cryoprecipitate

daily checklist

-from now on, focus on improving my daily checklist instead of going to and forth using rules, dont break the chain, etc

-focus

-revise my daily checklist everyday

-includes all the things i would like to do everyday

-goal is to do EVERYTHING in the daily checklist

instagram

from now on, everytime finish reading a book, post on instagram. just to see later how many books i have finished. (for further motivations for myself to read more)

daily checklist

revise & update your daily checklists everyday

reminders for future self

since journal is a collection of good ideas, here are some reminders for the future me reading this

last chapter of trading the trends by fred mcallen, ch 26, contains a subtopic of market wisdoms. in it, contains many valuable pearls.

here what i want to tell my future self : to revise those points, and write here little by little in the future

where to buy

buy very close to the averages

the hardest thing to learn in trading

the hardest thing to learn is not technical analysis

many books and many people can teach you about that

to me, the hardest thing to learn in the market is waiting

waiting for the perfect setup to buy

waiting for the stocks to begin moving

waiting for the trend to end

waiting for the correct time to sell

its hard. no books can teach you that. you learn mostly by experiences and long hours of being in the market

as jesse livermore said : i made money by sitting, not trading

buku conteng

always bring with me 2 kinds of books

1) books to read whenever i hv free time

2) books to write (conteng) whenever i have random thoughts. this is the kind of book i need for :

a-scribble of good ideas to enter into my journal later
b-rough planning
c-nota2 random
d-anything contengan
etc...

random jim rohn lecture

random jim rohn lecture yang aku ingat

-successful people plan ahead of time. daily plan, weekly plan, monthly plan, yearly plan

-keep a journal. not just a diary, but a journal is a collection of good ideas

-think on papers

stoploss below support

instead of putting stoploss at long candles low

-cont with trend trading for the most part
-put stoploss just below last support

*will study more on this

2 principles, 1 practical

2 basic principles, 1 practical method


1) to change yourself and your life, you must change your habits, your daily routines, change what you do daily

2) without self discipline, success is impossible. period


how to put these 2 principles into practice?

1) by using daily checklist, aiming to do everything in the checklist without miss

W50R

short for waiting 50 ma rebound

special watchlist to monitor all daily charts pullbacks below 20 ma

monitor till rebound off 50 ma, then buy

starting the journal

journal is collection of good ideas - jim rohn

hence from now on will write journal daily. not like a diary where i write daily events but rather a collection of random good ideas or thoughts so that i can view it again later in the future

to collect in form of personal blogspot rather than handwritten journal