For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

The Secret Recipe: Trading Success = Winning Trading System - U


Friday, January 30, 2009

Lehman CEO

It let me recalled what Chen jiulin--CAO ex-ceo said something after his release from jail: "It's my mistake and i already paid for it, those people from wallstreet who caused the financial crisis nothing happen to them at all..."something like that. Read lehman's CEO news, i'm pity on Mr. Chen... but one question pop-out to my mind: who else can be trust after all?

It's my last post, That's all for today...good night guys.

Thursday, January 29, 2009

CityBank

My Citybank out with little gain, i bought it at ard $3.05 and was stop-out when mkt open today--at $4.0~~ it's just insane, a year ago who knows one of the world biggest bank can drop from $50 to as low as 2 bucks? --nothing is impossible in this world.

I'm ready to go in again if the support $3.7 can be hold.

DBS

This mkt is difficult to trade, I hope to see one more round of last sep to oct down period...just give me one more round will do..i sure will do better at this round.

After such big drop mr. Mkt wants to rebound but somehow just doesn't have enough strength. My view is that: short term bullish, long term bearish. short term could be one day or two. Now, i'm watching closely at DBS.

Wednesday, January 28, 2009

Comfort

Singtel



ST ENgg



Comfort

Very interesting now, approaching its trendline and also its 200dma,i'm looking to short it if it's resisted here...

Wilmar

I feel that Mr. mkt going to resume its move after long time sleeping( sideway for more than 12 weeks) Watch out wilmar for shorting opportunities when it bounce off from resistance level denote below

Friday, January 2, 2009

My 2009 Resolution on Trading

2008 is finally over, the result is yet fantastic... I want to record September and October 2008 here, this is the time how easy money can be made by shorting the market. If ask me is there anything i want to speak to myself, here it is: Fan Jun, you can do it better,just remember don't be greedy, just a little bit better on risk and money management.

Past is already past, 2009 is a brand new year,I'm starting at 0 with everybody else. So get ready, strive better. "If you don't have a plan, then you are planning to fail", my new year's resolution:

1. Don't lose your money
2. Don't lose your money
3. Refer to 1 and 2