REDTONE (0032) ---PROFITABLE TRADE.

W5 is unfolding now....very bullish.

Strong support is pegged at...0.61.

Res at...0.76/0.855 will be broken very soon.

TP1 is at 0.95...TP2 is at...1.16.

Getting in now is a profitable move....( all my Elite Club members are on board already).

Trade at your own risks.

( The above is just my2c opinion).

A Real Trader.

The following article is a good one to share with all kakis....
Finally found someone who can read my mind...maybe from the same
planet...hehehehehe!!!!!


Five Reasons Why A Real Trader Is Not A Gambler.

1. A good trader takes a position when the odds are in his favor, not when the odds are against him. An educated trader will accomplish this task by using charts and understanding the human emotion that is being displayed on a chart. That is why certain breakout and breakdown patterns continue to reoccur throughout history. The chart pattern is simply recording the human emotion that is taking place in that particular equity.

2. A good trader will know when to cut his loss when he is wrong. The legendary trader Jesse Livermore used to say that a trader should never take more than a 10 percent loss on any position. Even a Las Vegas casino will cut off a hot gambler if they win too much money. When a trader can admit they are wrong on a trade and limit the loss it is much easier to come back from that error. Traders must always use a stop loss.

3. A good trader does not need constant action in the market. A trader only enters a trade when the chart setup favors that he will make money. If the chart setup does not overwhelmingly support a pattern then the trader does not want to be in the position. A gambler constantly needs action; they continuously need to have some type of bet in place at all times. This gambler mentality is one of the reasons why so many people over-trade and lose money. A good trader patiently stalks out a stock or equity waiting for the right chart setup to appear. One thing I have learned over the years is that the worst thing you can do as a trader or investor is to force your will on the market. Chart patterns make money and you must patiently seek the good charts out.

4. A good trader does not trade will with capital they cannot afford to lose. It is so important to be calm and keep all of your senses when trading. I have seen traders enter a position hoping that it is going to work out and their heart rate jumps up like they are running a marathon, this is usually a sign that they are trading too much money. A trader should not use capital that makes them feel uncomfortable. A gambler will usually bet the farm on a single bet, a good trader will not. Gamblers are always doubling down after they lose; this is a recipe for disaster, especially if you are a trader. I have seen traders blow up their entire accounts by doubling down and averaging in.

5. A good trader does not take tips from others, but looks at the chart and decides whether the pattern is bullish or bearish. Have you ever been to a horse track? Half of the bets in a horse race are because someone has given someone else a tip. Good traders do their own due diligence and never listen to the public. Remember, when everyone is looking at the same thing it will rarely happen. Never take tips. Even the legendary Jesse Livermore admitted this to be one of his biggest mistakes as it was usually one of the main reasons for his trading losses.

Nicholas Santiago
InTheMoneyStocks.com

Puzzle solved??

The above stock is in W3 now.....very impulsive..

Support is at....2.47

Res is at....2.82....once broken....will be seeing 3.59 soon.


*FOR I3investor  KAKIS*

Final clues:

5) this piece of information is a must to locate MH370.
6) once u hv the word,take away the last alphabet.
7) last closing price is 2..68.
8) is a 7 letters word.......***i**d
9) if your chart correspond with my chart.....BINGO!!! you got it right

 Happy Trading and Good Luck!!.








Happy Trading and Good Luck!!

YEELEE (5584) ---Update.

The stock today breaks away from res at...1.45 and closed at...1.57.

Wave3 is in progress now...this is a very impulsive wave...

TP is at....1.865/2.53.

There is room to move upwards...getting in now is still profitable...

( The above is just my2c opinion...Trade at your own RISKS )

PSIPTEK (7145)---looking bullish.

The stock is getting bullish now...

Wave4 is completed and W5 is starting now...

Strong support is pegged at..0.285.

Res is at...0.365/0.405..

Getting on board now at around...0.32...is a profitable move..

TP is at....0.50...

( The above is just my2c opinion.Trade at your own risks )

GHLSYS (0021)

The stock is getting bullish...

Strong support is pegged at...0.68...

W5 is just getting started....looking at....TP...1.08.

Getting in now will be rewarding...at around...0.78.

( The above is just my2c opinion...Trade at your own risks)

MRCB (1651)

The downtrend had bottomed out at...1.23.

It is now at the tail end...correction ABC.

Getting in around...1.37 would be an ideal move and getting out at...1.76 (for short term trade).

(The above is just my2c opinion...trade at your own risks )

SALCON (8567) --Update...

To all my students :

Salcon is now in W5...with TP1 at...0.785 ...and... TP2 at...0.88.

It should breaks above the overhead resistance at...0.74...soon...

Strong support is now pegged at...0.635.

L&G (3174)

L&G....is now in W3.....the final extension is at...0.685

There is still potential upward price action moving forward.....getting in now should be rewarding...

( The above is just my assumption....trade with care...my2c  loh).

ENCORP (6076)

ENCORP.....is now in a correction mode.

                    is now in corrective B....will resumes downtrend soon.

                    if needs to trade...adopt a fast in fast out strategy.

                   the stock is downtrending...and is a long way to go....

( The above is just my2c ).

SALCON (8567).

Salcon....W5... is now in progress....accumulation of the stock is seen at...mth of Sept until 14th Feb.

               Once market sentiments improve...the stock will fly.....

P/S.....important note to all students to hold until further notice.....

HOMERIZ (5160)

Homeriz....is now in W3...final extension at.....0.83.

The best option is to trade the W5 now.