La lecture à portée de main
Vous pourrez modifier la taille du texte de cet ouvrage
Découvre YouScribe en t'inscrivant gratuitement
Je m'inscrisDécouvre YouScribe en t'inscrivant gratuitement
Je m'inscrisVous pourrez modifier la taille du texte de cet ouvrage
Description
Sujets
Informations
Publié par | eBookIt.com |
Date de parution | 24 novembre 2015 |
Nombre de lectures | 1 |
EAN13 | 9781456626068 |
Langue | English |
Informations légales : prix de location à la page 0,0500€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.
Extrait
The Millionaire Stock Trader
By Wong Yee Ebook Edition http://www.wongyee.org/
All Rights Reserved. No part of this publication may be reproduced or copied in any form or by any means - graphic, electronic or mechanical, including photocopying, recording, taping or information retrieval systems - without written permission of Rank Books.
Disclaimer: While every reasonable care is taken to ensure the accuracy of information herein, no responsibility can be accepted for any loss or inconvenience caused by any error or omission. The ideas, suggestions, general principles, examples and other information presented here are for reference and educational purposes only. This ecourse is not in anyway intended to give investment advice or recommendations to trade. The author or publisher shall have no liability for any loss or expense whatsoever relating to investment decisions made by the reader.
Main Menu
Introduction
Background Knowledge
The Trading Strategy
Trading Strategy Step 1
Trading Strategy Step 2
Trading Strategy Step 3
Trading Strategy Step 4
Trading Strategy Step 5
Trading Strategy Step 6
Trading Strategy Step 7
Trading Methodology Application
Case Study
How to Pick Winning Stocks
About Wong Yee
Wong Yee is a chartist, strategist, seminar speaker, lecturer and author based in Malaysia. He has spent over 38 years doing research in the characteristic behavior of global stock markets, and has written seven books on stock market analysis. He was the first local chartist who introduced RSI (Relative Strength Indicator) in his book “The Trend Principle” in 1986. His latest book “You Too Can Be Rich in stock market investment” introduces a new formula developed by Wong Yee on predicting Index or stock price targets with 90% accuracy.
Wong Yee was a dealer with UOB Kay Hian, a leading stock broking company in Singapore from 1982 to 2002. Currently, he is focusing on trading, writing books and he also provides consultation and training on stock market strategies. He has developed a simple, effective and proven system that can help investors to make bigger profits with smaller risks.
How do you really make money in the stock market?
The answer is all about your timing of your entry and exit. You need to have some ‘foresight” to know when to get into the market and get out when the party is over. While it is impossible to catch the exact bottom to buy and sell at the exact top, a little ‘foresight’ will give you an edge to achieve the success for your stock trading.
In Singapore, we have seen great plays in many stocks such as Genting SP which share price rose from a mere S$0.40 to S$2.35 and TT International from S$0.007 to S$0.205 during the period 28.10 2008 to 9.11.2010 and 29.12.2011 to 25.4.2012 respectively.
Did you manage to buy them at their lows and sell when the share prices reached their tops? What if there is a trading method that allows you to do just that?
In this Ecourse, you will learn my unique trading methodology that will give you that “foresight” to pick stocks like Genting SP and TT International and bring you closer to the reality of making millions in the stock market.
I will give you clear and specific steps on this trading method and guide you along with examples and charts to show you how easy it is to implement this trading method.
This is not just a simple trading strategy that anyone can use but one with a high probability of success to give you the profits that you want. Although, I am using Singapore stocks and Malaysian stocks as examples in this Ecourse, this same trading methodology can be applied to foreign stocks such as Hong Kong stocks or the US stocks after you have mastered it.
My mentor, Dr Chan Chin Cheung, ex Chairman of Multi-Purpose Holdings Bhd and ex director of Sime Darby Bhd and many other listed companies, once said:
“To be successful you need 99 per cent hard work and one per cent luck”. Wise words indeed. The hard work for you is to learn everything I am going to teach you in this Ecourse and practice the method over and over again until you master this trading method.
In order to apply this trading methodology, you need to understand about price movement. A stock price when it starts to fall will continue to fall for a period of time. It will not fall in a straight line, but it will fall and rebound (also known as a pull back) and then it falls further (see diagram). The same thing applies when it is an uptrend, it does not rise in a straight line but instead, it rises, and then retraces (pullback) and then it goes up higher and so on.
The application of this trading strategy is not to buy immediately when price starts to fall but to wait till the price has fallen significantly till it reached a ‘bottom’.