$FB $29 is a big level

Like the chance of breakout here.

$ALEX long

Like a breakout above $30. Should get going from there.

Weather in Taipei

A cloudy day is actually a good day, while a sunny day is god blessed. 

Overview

Sometimes, looking at the big picture from far away, does really give us perspective on life. Great videos on planet Earth.

Trading vs Investing

對大部分的人來說,投資(Investing)比交易(Trading)合適. 但是很多自以為在投資的人,卻把它搞得像在交易. 這個article對想正確投資,又沒有時間一家家公司去分析的人,非常有幫助.
Keep Investing Simple

Jan 04 News

• So the drama is over, but is the deal good or bad to the American? Honestly, these deals are so complicated that it's probably won't be known until months/years later. This blogger seems to believe American is the big loser.
• Don't have on QEs. It's the biggest reason American can continue to spend while their real earning decrease. Sell couple shares of $AAPL and spend it away! --The Big Picture
• Third time the charm? or Triple Top! --The Big Picture
• If you want the safely, go with bond, historically. (Not sure that's right move now though) --Pragmatic Capital
• Oh oh, they didn't... --Pragmatic Capital
• Skill or luck? in sports and investing. 

Toyota: Reborn

A Toyota that actually looks good! I’ll take one. (A different color please)

The Man Who Broke Atlantic City

Edge and risk management. An uncanny parallel between trading and gambling. Sound easy, but definitely not. Finding an edge is already difficult enough, few have enough discipline to stick with it. Even fewer have the patience to wait until the edge lines up favorably.    
Read Original post Here

Generation Y

Being a Millennial by definition(Age 16-34), I found the study pretty interesting and right on. Original Post

• The Millennial generation is poised to leave its mark on the world—and its dollars in the cash registers of restaurants and stores in the U.S. 

• Millennials—both men and women—are knowledgeable about clothing, like buying it, and are forming strong brand preferences. 

• To keep these shoppers coming, savvy owners of malls and mall stores will focus on six key principles of attraction.

Profit from the End of World

The world did not end on 12/21/12 and life goes on as usual. But someone made lots money selling this ultimate weapon for the end of world. I guess there is an opportunity in every crisis. :)

What's your edge?

• Combined daily and intraday chart reading skill
• Patience
• Discipline
• Conviction

Must read from HCPG

Hohoho, Merry Xmas and Happy New Year

Xmas shopping.

$RPRX swing trade setup

雖然volume沒有之前強, consolidation還算clean. Stop below 13.3.

Goldman's Top Economist Reveals His Favorite Chart Of 2012

所以基本上歐洲沒事, 市場就好.(這不是廢話嗎...)

Original Post

$SBUX: Multiple Time Frame Analysis

我的思考(Trading Analysis): 

A price/volume spike in $SBUX in daily chart and then forming a bull flag, it got me interested. A close look at 30 min chart identify 3 price level to watch. $54 as first support where I will try to get a feeler. $52.8~$53 as second support which is my stop. If price acts right, then it is an add through $55 breakout. Big cap like $SBUX usually required significant volume to make a big move. It's also more suited for swing trade.  

"Trading is not an intellectual game.  You can’t “out-think” the market. Analyzing and predicting the markets is not nearly as important as learning how to react to what the markets actually do. Stay involved in the process of making the right decisions at each moment, and let go of worrying about the outcome. Trust your judgment."  ~Linda Raschke

市場從不理會我們邏輯思考. 我們能做的就是做好自己的分析然後下注. 相信自己,但是結果如果不和自己的預測一樣, 一定要有停損及應變的能力. 一但開始淪落到市場vs自己的心態, 後果通常不妙.

Trading Tools

我使用的交易程式/工具

Platform: DAS PRO

Chart/Back test: Amibroker

Day Trading Scanner: Trade Ideas

Real Time News: The Fly on the Wall

Other News Source: Stocktwit, Finviz, blogs

改天會再各自仔細的介紹

$BTU forming an rounded bottom

Coal names have shown relative strength lately. On weekly chart, $BTU is forming an rounded bottom. 

$RAX breakout to all time high

A clean breakout on high volume. A good candidate to buy on pull back/consolidation.