How to see traffic lights?

August 28th, 2008 Collin Seow Posted in Singapore Stocks Market |

I try to co-relation trading to simple daily events so that I will not be so ‘chim’ for some .
First thing first , No magic system . There is no magic in trading , all about probabilities .

Now back to the trading system which I share in with the current class.
You need to see from the top . the first color line you meet is it RED, YELLOW or GREEN. Is it slopping up or down ?More about slope on later blog.

RED - stop . You should not long this stock in general . shorting possible
Yellow - Dont know . This stock blur now , dont long or short
Green - go . you should not short this stock . In general , long possible

One more thing , please comment. The more comments I read , the more I want to write . I am comments hungry :)
My view.
Collin Seow


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