Author: KH Tang's Blog

Self Development Idea (25): Session 6: The Path to Happiness (7th June 1966) by Lester Levenson

Session 6: Your Path to Happiness (7th June 1966) There are two laws that will cover all behavior.  And I say if you’ll use these two laws, it’ll lead into full realization: The first is — an attitude of harmlessness toward all beings.  The second is — the law of mutuality, that any behavior if agreed to by both is correct.  If one doesn’t agree, the other should not try to make the one do it.  For instance, I want to go to the movies.  I said, “Well, let’s go to movies.”  And you say, “No.”  And I said,...

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Self Development Idea (17): Working Harder On Yourself than Your Job

Here is a simple idea from Jim Rohn: “You should work harder on yourself than on your job. Because… If you work hard on your job, you can make a living. If you work harder on yourself than you do on your job, u can make a FORTUNE.” And, Jim Rohn also said that this is a simple idea and simple to carry out. But, on the other hand, it is simple not to do it… Simple thing accumulated over years is your current...

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Trap for Investor (9) – Awareness of the Dark Pools in the US Market that Distort the Accuracy of Tape Reading

For those well trained traders and trading professional, they know that trading volume is a very important indicator to judge the state of the trend for the stocks – as it is a measure of money flow.And, the classical books on Jesse Livermore and Richard D. Wyckoff emphasis on the importance of volume through Tape Reading…. Now here is a video clip from CNN showing that the trading volume of the Dark Pool is up to 40% of the total trading… Which means that there is a Change in Rule on Technical Analysis as on How to Interpret the...

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Stock Market Tools (13) – Using Correlation as Pattern Recognition

.The above slide shows the concept of correlation formula of two set of data.  In application wise, it can use for pattern recognition.  Such as image or voice recognition, etc. In his latest book, “Cycle Analytics for Traders”, John F. Ehlers even uses it to calculate the dominant cycle in the stock chart. So, in broad term, Correlation can be used to find the similar patterns in stock market charts.There are various usages: * Such as using one index or ticker to confirm another – like Dow Jones Transport Index to confirm the bull or bear state of Dow...

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Stock Market Tools (12) – A Better OBV and Time Segmented Money Flow

Part 1: A Better OBV In the classical OBV (On-Balance Volume) indicator, it simply takes the idea from traditional tape reading – treat the “up tick” as Buy, “down tick” as Sell, and it assumes no change in price as neutral* (*which is not the case in tape reading). When it comes to interpret the daily volume as such, errors will add up cumulatively.  For example, there are days when a Doji Star with high volume just merely one cent higher than yesterday price and the whole day volume would be taken as a BUY Volume…. Here is a...

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Trap for Investors (7) – Bitcoin – modern Tulip

Source:   https://blockchain.info/charts/market-cap  (Click here for latest price update) Market Capitalization of Bitcoin as of 1 Feb 2014. http://en.wikipedia.org/wiki/File:Tulip_price_index1.svg ———————————————————————————————————————————— Isaac Newton Loses A Big Fortune in the South Sea Bubble: Even Sir Isaac Newton (4 Jan 1643 – 31 Mar 1727), the well known English physicist, mathematician, astronomer, natural philosopher, and theologian, got caught up in the South Sea mania and invested a big chunk of his fortune. Interestingly, he pulled out early (after making a respectable 7,000 pounds) then went back in after the bubble continued to inflate. The inevitable bust happened and he lost 20,000 pounds – a...

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Project Freedom (13): Multiple-Time-Frame Analysis

Attached video and chart are self-explanatory.Understand this concept would help traders/investors to insist in using Multiple-Time-Frames when analysing their charts. (Click to Zoom-in for Full Screen Video)Dow Theory Three Movements need Multiple-Time-Frame Analysis . The chart shows that:1) Stock move the fastest when the three waves move in same direction.2) Always trade in-sync with the direction of the Primary Wave.3) Good Entry points with highest Reward/Risk Ratio are when the Primary Trend is UP while shorter terms have came down, Pull-Back Entry. Relevant article on Multiple-Time-Frame Analysis...

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Personal Finance (14): A Multiple-Time-Frame BBC Indicators on STI

 Attached shows the Multiple-Time-Frame BBC indicator on Straits Time Index, with the FTSE industries grouping of Singapore Market as components.   This is the time as Monthly Wave, Weekly Wave, and Daily Wave (Click on the chart to zoom in) are in sync.  and therefore make this post as social service.   The description for all indicators were published in previous entry.   Monthly Wave       Weekly Wave   Daily Wave   Run when you should run, stay when you should stay.       (Link of the BBC Indicator)...

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Personal Finance (13): A Confession of a Public Fund Manager In China

Good day, Attached, —8<  Cut and Paste >8—- , is the last portion of an article by a public fund manager in China confessing why he can never beat he “super wealth transfer machine”(stock market system) and decided to quit his job.  And, after all, in his 10 years of career as fund manager, he already made more than 10million RMB as a salary despite losing money for his clients…   The full article, in Chinese, can be read from the link attached: —————————————Cut and Paste———————————————一个公募基金经理的忏悔书我无法对抗这个制度、我彻底投降、我准备辞职,我对我管理的基金的投资者表示深深的忏悔!我真的无能为力在这个市场中帮助你们赚钱!   中国XX基金管理公司 XXX基金经理   (恕我在此不公布老东家的名字,毕竟服务多年,领取了千万元的薪水!)——————————–End of Cut and Pate ———————————————http://bbs.hexun.com/stock/post_5_5961685_1_d.html Any way, here is a very very brief...

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Personal Finance (12): Guru Rotation in the Financial Market

There are many famous Gurus in the financial market, and their philosophies are pretty well accepted by their followers (subscribers). Take for examples:1. Jim Rogers is the icon represents long term investment in the commodities market. 22. Marc Faber, also known as Dr. Doom, advocates that the market is collapsing, collapsing, and collapsing… 3.3. Stephen Leeb is using the “Peak Oil” as a backgroud and focus on Energy Sector. 4.4.  Peter Schiff is singing about the collapsing US Dollar and Accumulates physical gold or GLD (ETFs). .And, when they are correct, they will occupy everywhere in the media and get more...

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Project Freedom (11): What’s "Project Freedom".

Good day,   Let’s start with some questions: Do you play Chess?  Any kind of Chess… How long does it take to train a person to be a World Chess Champion?  Well, the answer to the latter question would not be simply a matter of time to learn.  Just like if everyone were given a chance for education, and not everyone would pass the exams within a given period of time.   Now, anyone who uses computer likely has heard of the real story that the long-term world chess champion, Garry Kasparov, was beaten by Deep Blue (a chess-playing computer...

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