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  1. M

    Market observations and actions

    I am a position trader who holds stocks for weeks to months. Sometimes, it can be as short as days for bad trades where my stops are hit within a few days. I do not like to hold stocks in a weak market. Diversification is no protection in a bear market because most stocks just go down, even the...
  2. M

    Market observations and actions

    I trade individual stocks. Some people prefer ETFs but my preference is individual stocks because they are more fun for people who love financial markets. I'm Singaporean. Our stock exchange is too small. There are not enough good and liquid stocks to choose from. We cannot afford to have home...
  3. M

    Market observations and actions

    I am an admirer of United States but I am not an American. You track the products that have made the most positive impact on the world's population in the past 20 years. They are made by US companies like Apple, Google, Netflix. So, why do I not invest most of my stock portfolio in your great...
  4. M

    Market observations and actions

    I went mostly into cash this week. This is the S&P 500 chart. 04Nov2020 marks the start of a strong rally for the S&P500. Since then, S&P500 rallied 26.5%. In the past 11 months, there were 5 successful rebounds from the 50-day moving average. It failed on the 6th rebound this week. The...
  5. M

    Market observations and actions

    I am starting this thread to record down my market observations and the actions I take. I have chosen to do it here in a community of elite traders because trading is a lonely game but humans are social creatures. I am pretty sure there is much I can learn from a community of elite traders...
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