THE RESPONSIBLE TRADER – TRADING LESSONS – STOCK CLASSIFICATIONS – PART 1 In this series of articles, I will be discussing ways that stocks are being classified and at the conclusion of these articles I will share with you my proposal for a new classification as discussed in my second book “Swing Trading with TRT – a Definitive Guide for […]
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JFC (JOLLIBEE FOODS CORPORATION ) – NOVEMBER 25, 2019 TRADING GUIDANCE FOR NEWBIES WHO NEED HAND-HOLDING WHILE LEARNING TO TRADE INDEPENDENTLY Many are now raring to buy JFC seeing it as a once-in-a-lifetime opportunity to own the stock. I have also been asked by readers of my books about how they are going to apply the things that they […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – MULTICOLLINEARITY If you are really serious in bringing your trading to a higher level, one of the concepts you need to know is Multicollinearity. This is where a lot of new traders go wrong. Based on the paradigm two heads are better than one, a new trader also thinks that two or more […]
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EW (EAST WEST BANKING CORPORATION) – NOVEMBER 15, 2019 TRADING GUIDANCE FOR NEWBIES WHO NEED HAND-HOLDING WHILE LEARNING TO TRADE INDEPENDENTLY STOCK CHARTS AND ANALYSIS – TRT PROCEDURES FIVE QUESTIONS The first part of our Stock Charts and Analysis is to answer Five Questions about the stock 1. What is the present trend and how strong is the […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – BLENDING CANDLESTICKS – PART 2 Actually this is the same procedure when candles for a certain trading period like weekly, monthly, yearly etc. are blended. Let us apply this to the the PSE for the Year-to-date 2017 as indicated in Chart 5. For year-to-date 2017 we start with the Open of 6846.55 as […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – BLENDING CANDLESTICKS – PART 1 One advanced candlestick charting technique is called Blending of Candlesticks. This is the term used by Steve Nison in his books. Other authors, perhaps, trying to deviate from the term used by Steve Nison in his books have called this Candlestick Addition. In this technique, two or more […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – TRADING GAPS – PART 2 In our previous lesson, we learned about the proper procedures for trading gaps. However, not all gaps are tradable. Please allow me to quote what I have written in my first book – “The Responsible Trader – a Thinking Person’s Guide for Trading the Philippine Stock Market” about […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – GAPS The Japanese call gaps as windows. They consider gaps as windows of opportunities. A gap is essentially a price level where no transaction has taken place for a given period. Gaps are formed because of an overwhelming presence of buying and selling interest. In an Uptrend, prices open above the highest […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – DIVERGENCE In very simple terms, Divergence means movement in opposite direction. For example Price Moving up and the Indicator moving down and vice-versa. For the purpose of analyzing Divergences, all Reaction Highs are classified as Highs and all Reaction Lows are classified as Lows whether the stock is in an Uptrend or a […]
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THE RESPONSIBLE TRADER – STOCK CHARTS AND ANALYSIS PROCEDURES In my second book: “Swing Trading with TRT – A Definitive Guide for Trading the Philippine Stock Market”, I discussed about the TRT CAZ – The Critical Action Zones – The Buy, Target Price and Stop Loss Zones. In reading the TRT Charts, we will use the following as our […]
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