Duit, another way to predict is connecting the low of the 1st uptrend compulsive wave to the mid-point of the 1st corrective trend line and extend upwards.
For index warrant beginner, highly recommend to understand "conversion level", "expiry date" and "out-of-money" effects before you execute your trading.
You should not print out. Jz refer it will do. At the mean time go and get a real good mentor to guide you. I am not qualified in this matter. There are plenty of great mentor you may need to approach them....
Very clear statement in HQ thread that not a feasible choice for global traders to pull down the index with extra cost. It's should ride all the way due to surpassed resistances.
You may take mine as reference while trading based on your assessment.
Very serious today as I found many start to "advise" people buy put warrants. I could predict how terrible the damage before Thursday.
Mean shall stop and renew push & pull factors to watch after Friday 11AM (BOJ decision). Did you read my long comment in Fun Trading Hub thread... got details there.
Join them and learn properly. AT the end of journey make sure you gain something. No one will guide you forever but you must pick up fast from them. You may ask anything during off trading hours. Try to ask quality quest so it wont waste people time.
Happy learning
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
imoogi99
1,640 posts
Posted by imoogi99 > 2016-07-26 10:48 | Report Abuse
Good write up duit....from econsav cleaner to HangSeng expert.