Friday 21 August 2009

Stock trading strategy for newbies


Well I should set up a Buffettsim's gallery with all of his comics and pictures and nude pictures, lol. I put his pictures before posts because it might not the right place to put hot girl's pictures that in fact I am more favorable with.
OK now is the stock trading strategies for newbies.
Many people asked me which instrument to trade with at first, most people tended to trade future because they can trade 24 hours and it seems more quickly and more easily to get money.
The fact is: most newbies have no experience to search the chance to buy or sold, think about it, if most newbies learn easily how to sold or sell at the right time, then most people would get money so easily, it's not a balance in this market because in fact most people loss their money other than gaining money.
So for newbies, the best strategy is to choose stocks other than the other instruments because stock trading will give you much time thinking and learning from the past experiences.

Swing trading indicator: how much you know about RSI?


If you want to be just like this person that has so much money from nearly scratch, what? Who is this person? Are you kidding? This the the most famous person, Ben larden when he shaved his moustache.
Lol, yea, I am joking. It's Buffettsim, I will talk about RSI today because it's an important indicator of swing trading.
RSI is the relative strength indicator. This is an indicator that tells you if the level of currency pair was overbought or oversold. It's the right chance if the price level was overbought or oversold because that means the price would adjust to the right track.
Of course there are other indicators like RSI, these are called momentum indicator that will tell you the possible future when the momentum indicator shows a slow down or loss of speed. So it's quite effective to trace the future of price to analyze the momentum indicator such as RSI.

Wednesday 19 August 2009

Undervalued stocks: what buffettsim will do and never do

"Buffettsim analyzed the charts for 5 mimutes and found a start up, the charts looks pretty: yea, I will buy their stocks!"
I am just kidding, : )
Buffettsim will get mad if he saw it.
What will buffettsim do to find the undervalued stocks?
1. Some basic stuff about the the company, if it's easy to know what the company is doing and what's better is if they have kind of expertisement that are competitive enough.
2. Then balance sheet, read through it and you will know if the company is under good or bad management.
3. Also P/E will also show its value.
Of course there are many other elements you have to consider about, but those three are the most important for you to choose undervalued stocks in stock trading.