15 October 2018
Singapore Stock Stories
In order to apply buy hold strategy, sometime using the technique of buy and forget is a better way. Why? It is very simple, many will not be able to take it when you see the price action pullback. See our example, the price action could go below the entry price.
C33 Chuan Hup Holdings Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
To maximize your profit and minimize risk is to apply buy low sell high strategy, in order to apply the strategy you have to identify the support resistance. Study Chuan Hup Holdings stock chart, picture worth a thousand words. The chart provides you a stock chart back to before 2000. Imagine if you learn the buy and forget strategy and you wake up ten years later, you probably only traded twice for this stock.
For the first ten years, you apply the buy support sell resistance, you buy somewhere at the breakout of the resistance or the support. see the orange region in 2002 and 2003. And you see again at next breakout, in 2009. You will have a great profit at 2010.
And you traded again for the second time, on the next ten years block. Again, you follow the buy support sell resistance, this time round, another two years will be the second ten-year block.
Trade with eyes open.
Manage your risk.
October 12, 2018 Chuan Hup Holdings from 2000 Buy Hold Strategy
If you can see the whole chart, “press Ctrl and -” to zoom out.
Moses
AmiBrokerAcademy.com – we are different
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.