remember that trading is an extremely hard way to make a living. It is not a ‘job’ in the strict sense of the word but it is a profession and unless you put yourself in a position to succeed by treating it as a business, you are going to find out the hard way how physically, psychologically and economically taxing it can be. Don’t let anyone tell you it can’t be done but equally, don’t let anyone give you the false impression that this is easy and that there are shortcuts. In my humble opinion, a real trader is formed through consistency and longevity and despite the fact that not everyone is going to be able to function in this type of business, if tackled with dedication, discipline and devotion, it can be one of the most rewarding ways of life, if not ‘the only way’ for people that are truly wired to be traders"

Opensys’ rebound should continue after closing above the RM0.155 resistance level yesterday. A purchase can be made above the level, with a close below RM0.135 as a stop-loss. The price target is at 2012’s high of RM0.22, with selling expected at the gap of RM0.19. The stock may trade sideways if it fails to hold above RM0.155, where strong support lies

This morning, the leading casino stocks are trading higher to start the day. Las Vegas Sand Corp (NYSE:LVS) is considered to be one of the leading casino stocks in the world. Today, LVS stock is trading higher by $1.06 to $40.42 a share. The stock is rallying off of a one week pullback base, therefore there is likely to be more upside in the near term. Short term traders should watch for intra-day resistance around the $40.50, and $41.25 levels.

Some other leading casino stocks that are trading higher today include Wynn Resorts Limited (NASDAQ:WYNN), Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL), and MGM Resorts International (NYSE:MGM). All of these stocks are holding up at the start of the day, however LVS stock looks to have the best intra-day strength.

“When you really believe that trading is simply a probability game, concepts like right and wrong or win or lose no longer have the same significance.”

You've got to take the initiative and play your game. In a decisive set, confidence is the difference.

“I learned how to play poker at a very young age. My father taught me the concept of playing the percentage hands. You don’t just play every hand and stay through every card, because if you do, you will have a much higher probability of losing. You should play the good hands, and drop out of the poor hands, forfeiting the ante. When more of the cards are on the table and you have a very strong hand — in other words, when you feel the percentages are skewed in your favor — you raise and play that hand to the hilt. If you apply the same principles of poker strategy to trading, it increases your odds of winning significantly. I have always tried to keep the concept of patience in mind by waiting for the right trade, just like you wait for the percentage hand in poker. If a trade doesn’t look right, you get out and take a small loss; it’s precisely equivalent to forfeiting the ante by dropping out of a poor hand in poker. On the other hand, when the percentages seem to be strongly in your favor, you should be aggressive and really try to leverage the trade similar to the way you raise on the good hands in poker.

THANK KC LOH

I HERE JUST HOPE CAN SHARE MY VIEW...NOT TEACH ANY THEORY{

"MARKET will do whatever it wants to do irrespective of our & other players' opinion/prediction/forecast"
i learn & erase the thought of FORECASTING since then , thank GOD >>>> LOL

don't forget ya these as well ,
LVS.MGM.WYNN FROM US STOCK CODE

GENTING >>> ya don't need COMPASS to guide ya .... just listen to the price of natural....something CAN'Tgo up MUST come down ! Ya can average @ whatever price ya want...your $ , you decide ! Patience is the KEY .....GOOD THINGs come to those who wait for the RIGHT LEVELs......matter of TIME !

IF , xxxx is not the LOW then it must be the HIGH ! now , ya know it ? ? lol

don't forecast , don't predict , MARKETs just doing its thing , moving up and down ! lol

buy HIGH-sell HIGHER , buy LOW-sell LOWER , buy LOW-sell HIGH , sell HIGH-buy LOW , as long as it is trending and going the WAY , not your WAY , don't look at market just ONE way !

<<<SHORTs keep complaining about this market , trade it LONG and you might like it , trade the MOVEs #fkli>>> lol

it's completely boggles me how people can get so wrapped up with these moves.....just a move...just another day in the markets.....sometimes you WIN...sometimes you book a LOSS.....it's NORMAL.....this is a speculative activity and you have to manage your riskand adapt to the market.....enter a position.....place a STOP...you know your RISK.....if you CAN'T.....do something else"

“The market, like the Lord, helps those who help themselves. But like the Lord, the market does not forgive those who know not what they are doing”