15 October 2018
Singapore Stock Stories
A strategy my friend learnt was buy and forget. This was a very good strategy in a bull run market. See example below using Jardine C&C.
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C07 Jardine Cycle & Carriage Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
To maximize your profit and minimize risk is to apply buy low sell high strategy, in order to apply the strategy you have to identify the support resistance. Study Jardine Cycle & Carriage stock chart, picture worth a thousand words. The chart provides you a stock chart back to before 2000. Imagine if you learn the buy and forget strategy and you wake up ten years later, you probably only traded twice for this stock.
For the first ten years, you apply the buy support sell resistance, you buy somewhere at the breakout of the resistance. see the orange region in 2003. And you see again at next breakout, in 2010. You will have a great profit.
And you traded again for the second time, on the next ten years block. Again, you follow the buy support sell resistance, this time round, till another two years for ten-year block. Unless now is at point C, the CD leg is about to start. otherwise, you could have very little profit. See chart. Picture worth a thousand words.
Trade with eyes open.
Manage your risk.
October 12, 2018 Jardine Cycle & Carriage Buy Hold Strategy
If you can see the whole chart, “press Ctrl and -” to zoom out.
Moses
AmiBrokerAcademy.com – we are different
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.