Trading Q&A

Ladies and Gentlemen,

Thanks for posting your questions and thus making this ite very interactive. I appreciate it. : )

I notice recently alot of you have been asking me which stocks can or cannot buy. It's illegal for me to provide buy and sell call. MAS will catch me! : ) So all i can do is provide you what I see and I won't issue buy/sell comment. I hope you can understand.

If you have no ideas what to buy, you may refer to my growmoney blog where I chart what I thought is intereseting for you to consider.

9 Dec 05, 21:13darius: How much percentage of your equity do you risk when you trade?

Ans: As I am a salaried employee, I set aside an amount to risk per month. It is part of my expenses for that month. Hence if i lose that amount, I can take heart that i still save a part of my salary in the bank thus my savings won't be affected if i lost in the market. Inshort, I risk an amount that is part of my expenses. If I lost, I will have less restaurants and more kopi tiams. No shopping, no movies, stay at home to read up on trading and sad to say, no pubbing or clubbing!

9 Dec 05, 21:12darius: What indicators do you use to confirm a trend and how do yoou use it. Can you give an illustration?

Ans: I use the simple higher highs higher lows. This is easy to spot on the chart. You can refer to growmoney blog where there are many charts i drew from June '05 till now.

8 Dec 05, 23:11mb: Where can I learn how to read the charts? is there any books on it? thanks

Ans: You can visit my Decipher shop located on the left panel to see the 3 books i highly recommend.

8 Dec 05, 19:38Sianzsianz: I am thinking of putting my money in either Sun Business or Seksun for mid-term? Are the two counters worth the investment, Decipher?

Ans: I am not an expert in fundamental analysis. Trading base on volume and price actions is my forte. Hence For the 2 counters you mentioned, I have no idea man. Both are pretty illiquid stocks.

8 Dec 05, 18:24Lull: Hi Decipher, I have been stuck with Hyflux shares and Biosensors. I came to reality and now decided to cut my loss. In your opinion whats the best time to sell?bioS@1.17 HyF@2.77

Ans: Hmm...this is tricky...maybe you can consider after the yearend rally to make up some loss ground? Because I dun see our market going south yet.

8 Dec 05, 15:42LBK: Hi, decipher, what do you see the KEPPEL CORP, can buy?

Ans: Keppel Corp, hasn't appear on my analysis report yet. But you can hear it first at growmoney blog when it happens. : )