Author: Athena Trader

Performance review of past stocks analysis

I’ve not blogged for a while because I’ve been busy with other stuff and nothing came to mind and since this is not a job, I don’t see why I’ve to push out articles for the sake of it. The year is coming to a close so I thought of reviewing how the stocks that I blogged about performed thus far and for simplicity, I’ll just take the stock’s closing price on the day that I wrote about them (as close as possible) and last Friday’s price.                     Then  ...

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Calling out for Trikomsel bondholders

If you have read the news lately, you would have heard of Trikomsel restructuring their bonds and this post is to spread the word that they are looking for their fellow bondholders to contact them at trikomselbonds@yahoo.com as strength is in numbers for a case like this.   The bondholders are likely to be accredited investors such as private banking clients with the banks in Singapore or maybe fund houses or institutions etc thus it came as quite a shock initially as this is the first time in 6 years that a SGD denominated bond is seeking a restructure...

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Aspire to Inspire

I’ve been fiddling with my investment portfolio recently which saw me selling off some of my SG holdings. Some dough has been placed into SSB and we decided to give the Perennial Real Estate Holdings retail bond a miss since we have some exposure to them. I’m trying to figure out whether I can shorten my trading timeframe from a few days to just a day and maybe even intra-day which I target to do in a few years time.   I’ve also been testing out my new trading strategy and so far the picks have been right such...

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The only TA book you ever need

According to ACCICB, he only read 1 TA book and learnt the rest online and he told me that this book is the only book I will need to read. A reader left a comment long ago that he wanted to know what book it was, therefore this post is for that purpose and after this post I don’t think I have any more posts I should write but haven’t! That book seems to be rather hard to buy given that it’s so old as it was passed down by ACCICB’s dad. The book is Martin Pring on Market Momentum and...

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Self Fulfilling Prophecy

I admire people who put themselves through tremendous odds as well as go through what outsiders view as hell to do what they love to do. Everytime I admire a painting or a sculpture or any piece of art, I can only think of how obsessive the creator was but really when you are doing it you don’t think it’s being obsessive but more of being in the moment and being fully absorbed. In fact, you don’t even find it tiring or boring but instead you are energized and excited and just want to reach perfection. Which is why...

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Missed by a cent

With the recent market volatility, ACCICB who trades the Chinese market told me that he missed buying a stock by a cent which went up 7% the next day. It was a clear morning star reversal pattern and in the last minute the prices just went sky high. This is the tough part when you don’t have live prices on screen…at least that’s how it affects me for another market.   Both of us concur that it was a clear buy and it was one of the few bright spots in the otherwise sea of red in the Chinese...

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Shorting Spree

I remembered the first time I shorted a stock. That was two months into my full time trading journey and funnily it was done out of frustration of not knowing how to short when I’m seeing red everywhere. I searched online for a while but it seems nobody was telling me how to go about shorting a stock so I just had to do it for myself.   I thought that ACCICB would be the first to short and then I can learn from him how to do it properly but it seems this time I was the garang...

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Saved by a penny

There was once whereby ACCICB was saved by a penny as he placed a trade in the last few minutes but didn’t get it because he was a penny short. The next day, the stock crashed which would have be disastrous as he was going to buy long.   Both of us were looking at the same stock but that night about twenty minutes before market was going to close, I told him that I’m tired from the morning’s market and am going to call it a day. I decided to not buy anything although there were 3 stocks...

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Playing the earnings game

During earnings season, I often have to ask myself whether I want to play the earnings game. There are times whereby earnings is good but the stock price crashed although it could also go up. Basically there is a 50% chance of either one happening and sometimes it can completely reverse the prevailing trend as well as the overall market sentiment to be one of the few bright sparks in the market.   There are times whereby I refrained myself and times where I go in with guns blazing. So far, I’ve had it both ways which means I’m...

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Going away

When ACCICB and I plan to go away on a holiday, we have to try to time it such that at least one of the markets are closed on some days or such that we have to close or reduce our open positions before we leave. This means that we may have to either hope and pray nothing goes wrong or slow down our buying activities in the days leading to the holiday or simply work while on holiday.   So far, we’ve done all 3 in its various combinations but my preference is to close all or reduce...

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Building a Watchlist

I’ve gone off the grid for a while as I can’t think of anything to write about. I’ve a couple of unwritten posts here and there but nothing compelling for me to publish. I also thought of changing my blog name since I’m morphing into more of a trader than an investor due to the change in my circumstances whereby cash flow takes precedence over profits. But somehow Googirl Trader does not sound catchy at all…so I’ll just leave it be I guess.Building my Watchlist has been an interesting, tiring and seemingly endless task since I cover multiple markets...

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10 Best Practices that Improved my Trading + Investing Performance

Ever since I started investing + trading, I’ve adopted a few practices which I feel improved my performance. Here’s a summary of what works for me:   1. Have a notebook to write your FA and TA notes. It can be digital if you prefer but for me I like to have it on paper and I wrote it down on my previous company’s notebook as if to tell myself that this is a path of no return and I had indeed left for greener pastures.   2. Have a notebook to take down notes of your trades/investments, predictions etc....

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Beware of the Bollinger Bandit!

Besides the ‘Hai’rami that I wrote about in my last post, ACCICB also came up with the Bollinger Bandit which has caused him much pain when he first started trading. I’m not trivializing TA by giving them such catchy names although it does seem to stick in the head much better it seems. The Bollinger Band is wonderful when your candlesticks are touching them when it’s on the uptrend as it often mean that there’s a possibility that the next day/days’ candlestick would continue to rise given that the other oscillators are in agreement.The thing about oscillators is that...

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Know your Harami from your ‘Hai’rami

ACCICB bought many stocks on a harami candlestick only to discover that it is actually a ‘hai’rami when the stock went down further. Hai in mandarin means to inflict woe onto others thus you can see why I renamed the harami to ‘hai’rami for ACCICB. Harami is a two Japanese candlestick pattern and it is a reversal pattern thus you can imagine ACCICB’s reaction when he bought it on the downtrend but it went southwards or sideways instead of going up up and away. I won’t go into the details of the harami pattern because there’s much information out...

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True or False: Guaranteed minimum of 40% returns

I had some difficulty thinking of what to write in this post and as I read the posts of other bloggers, I thought that I should share about my Chinese beautician who is an excellent source of stock market ideas and everything from China. Basically we talk about stocks almost all the time since she invests in purely Chinese stocks. Currently ACCICB covers Chinese stocks so I’ve been thinking of starting my research and who knows I may pick up some stocks along the way. Back when we both didn’t know that the other invests/trade, we already get along...

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