I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Value Investing
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Friday, 17 October 2014

Uncle, Your TA Chun Bo???


Just For Thinking ....


Hmmm .....

Not exactly chun!

But, after sometime, quite sometime or long time, chun chun!

How to survive round after round?

Bo chun?

You say!


Support and Resistance works!

Only time matters. 

As long as we don't feel it. One day, we certainly don't feel it and 100% sure!




You have?




5 comments:

  1. Uncle8888, did someone question your TA? I think if bo chun ah, I think hard to survive.

    You are old bird, so it says much about your skill. :)

    ReplyDelete
    Replies
    1. For those who have attended TA seminars or previews will find it very difficult to accept No TA indicators chart analysis.

      We need indicators to guide us. How can no indicator?

      :-(


      Delete
  2. The differing feeling of accuracy in TA comes from timeframe expectancy.
    Some expect faster. Some expect longer.

    of course, the longer it takes, the bigger the profit should be, to have good CAGR. ;)

    ReplyDelete
  3. Do we ask an old sailor how is seasick like?

    ReplyDelete
    Replies
    1. Of course not.

      More accurately?
      Kid: are we there yet?
      Uncle:soon.
      kid: are we there yet?
      Uncle: soon.

      Repeat infinitum ad nauseum

      Delete

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