Thursday, 18 September 2014

Silver



























Silver only trading at 20.858 on 24 july 2014 when i posted here.

11% drop in 2 months!!

If silver break below 18 critical support, it will be a free fall from here.

Projected target if break below 18:    14

see my previous post on my silver:

http://mmlmoney.blogspot.sg/2013/01/silver-25-january-2013.html
http://mmlmoney.blogspot.sg/2013/04/gold-and-silver.html
http://mmlmoney.blogspot.sg/2013/05/gold-and-silver-invest-with-right.html
http://mmlmoney.blogspot.sg/2013/06/silver-has-drop-below-20.html



Sunday, 24 August 2014

No BS. No promising high returns. No get rich quick here. Just 10 mins a day, 发达 all the way.




I received few PMs and emails again .
Asking why no updates from my fb and blog for the last 1 week?
fingers become itchy when nothing to invest or trade ?
U no need to trade everyday.
I ald said long till it reverse.
C my fb post again.
1 week up by 2.1%.




Month of July, if u have followed me, smelly smelly 4% gain.

No BS. No promising high returns. No get rich quick here.
Just 10 mins a day, 发达 all the way.

Friday, 22 August 2014

Sound Familiar to you?

This is what i always heard in my 8 years in financial industry.

Client: Sure make money anot?
Reply: Don't worry. The market will go up 10% by end of this year.

Client: What if my investment lose money?
Reply: If lose money, I will pay for your losses.

Client: Can update me how is my investment doing?
Reply: You invested 50k. Now value is 40k
Client: Huh. Lose money huh.
Reply: Don't worry so much. The markets is going to rebound soon. 就是等这个机会了.

Sound Familiar? 

Tuesday, 12 August 2014

Do you know that trading and investment is a open book exam?

Why I love trading and investment?

Do you know that trading and investment is a open book exam?

Every morning you just need to open your textbook to look for your answer (investment decision whether to open/close your positions)

Everything is found in your textbook.

I believe everyone can score at least  "B" for your open book exam, right?

Exam duration: 30 min
Passing Score: B

Can you can pass it?

Something to watch out.




















Something to watch out.

Sunday, 10 August 2014

Bingo!! Market reversal?




















Bingo!!

On thursday, i posted that there is a possible for the market to rebound http://mmltrader.blogspot.sg/2014/08/u-see-what-i-see.html.

It did rebound back. swee swee rebound back after touching the trendline.


Wednesday, 6 August 2014

Shine or Doom?










I received various emails & PM asking me why there isn't updates in my blog and facebook. 
As what i have mentioned markets are approaching their critical resistance on last Friday so there is not much market updates these few days.

these few days drop is healthy. I see it as profit taking. once selling is finish, it will be the time to scoop it up. 

hint: S&P 500 & Nasdaq is in my watch-list to scoop them up.