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[USER=50018]@Newt[/USER] another great find. Moreover, Philip Teo as you say is a trading coach who specialises in the field of Technical Analysis & freely posts helpful information on his website.

For members who are time poor
I've had a good look at his site, it was time consuming but educational. Most of what Philip Teo blogs about "align with my views" so it's appropriate to selectively post from his website. My ulterior motive in doing so is because it follow the theme of the last few posts in the 'Dump it here' thread.

Stock Charts - price action
"Technical analysis of the stock market is basically the use of a stock chart with past price action to anticipate future price trends. While fundamental analysis is helpful in studying the business potential of a listed company, technical analysis is as important in determining the optimal time to buy and sell the stock. The rationale behind the use of technical analysis is that price movements of stocks are not totally random. Stock prices do trend and by charting these price trends, an investor can determine when the existing downtrend of a stock has ended and an uptrend has started"

Indicators
"Technical indicators are essentially derived from some formulae based on price action. As such, trading decisions should always be based upon price actions first, with technical indicators acting as secondary tools. Price action and price trend shows what people do with their real money, not what they say with their mouth"

Learn to read critically on news articles.
"Some articles in newspapers or financial websites are written to deliberately trick you into buying or selling"

Mark Twain
“If you don’t read the newspaper, you’re uninformed. If you read the newspaper, you’re misinformed.”

The emotional side of trading
"Trading can be a very emotional thing for many of us as it involves money. We need money to pay our bills and losing money can be a very painful experience for us. Have you experienced seeing a losing trade and then you decided to cut loss, the next thing you see, the trade that you cut with losses suddenly went into huge profit and you kicked yourself for exiting that trade? Or you took a small profit when you see your trade move to the right direction, then you see it move even further up and you enter the trade again. The next thing the trade moves in the opposite direction and you lost all your profit you just made. Many traders made these mistakes because they are driven by fear and greed"

Summary
"It’s how you manage these emotions which will give you advantage over the other traders"

Skate.

<blockquote data-quote="Skate" data-source="post: 1057522" data-attributes="member: 57364">[USER=50018]@Newt[/USER] another great find. Moreover, Philip Teo as you say is a trading coach who specialises in the field of Technical Analysis &amp; freely posts helpful information on his website.For members who are time poorI&#039;ve had a good look at his site, it was time consuming but educational. Most of what Philip Teo blogs about &quot;align with my views&quot; so it&#039;s appropriate to selectively post from his website. My ulterior motive in doing so is because it follow the theme of the last few posts in the &#039;Dump it here&#039; thread.Stock Charts - price action&quot;Technical analysis of the stock market is basically the use of a stock chart with past price action to anticipate future price trends. While fundamental analysis is helpful in studying the business potential of a listed company, technical analysis is as important in determining the optimal time to buy and sell the stock. The rationale behind the use of technical analysis is that price movements of stocks are not totally random. Stock prices do trend and by charting these price trends, an investor can determine when the existing downtrend of a stock has ended and an uptrend has started&quot;Indicators&quot;Technical indicators are essentially derived from some formulae based on price action. As such, trading decisions should always be based upon price actions first, with technical indicators acting as secondary tools. Price action and price trend shows what people do with their real money, not what they say with their mouth&quot;Learn to read critically on news articles. &quot;Some articles in newspapers or financial websites are written to deliberately trick you into buying or selling&quot;Mark Twain“If you don’t read the newspaper, you’re uninformed. If you read the newspaper, you’re misinformed.”&nbsp; The emotional side of trading&quot;Trading can be a very emotional thing for many of us as it involves money. We need money to pay our bills and losing money can be a very painful experience for us. Have you experienced seeing a losing trade and then you decided to cut loss, the next thing you see, the trade that you cut with losses suddenly went into huge profit and you kicked yourself for exiting that trade? Or you took a small profit when you see your trade move to the right direction, then you see it move even further up and you enter the trade again. The next thing the trade moves in the opposite direction and you lost all your profit you just made. Many traders made these mistakes because they are driven by fear and greed&quot;Summary&quot;It’s how you manage these emotions which will give you advantage over the other traders&quot;Skate.</blockquote>

[QUOTE="Skate, post: 1057522, member: 57364"] [USER=50018]@Newt[/USER] another great find. Moreover, Philip Teo as you say is a trading coach who specialises in the field of Technical Analysis & freely posts helpful information on his website. [B]For members who are time poor[/B] I've had a good look at his site, it was time consuming but educational. Most of what Philip Teo blogs about "align with my views" so it's appropriate to selectively post from his website. My ulterior motive in doing so is because it follow the theme of the last few posts in the 'Dump it here' thread. [B]Stock Charts - price action[/B] [I]"Technical analysis of the stock market is basically the use of a stock chart with past price action to anticipate future price trends. While fundamental analysis is helpful in studying the business potential of a listed company, technical analysis is as important in determining the optimal time to buy and sell the stock. The rationale behind the use of technical analysis is that price movements of stocks are not totally random. Stock prices do trend and by charting these price trends, an investor can determine when the existing downtrend of a stock has ended and an uptrend has started" [/I] [B]Indicators[/B] [I]"Technical indicators are essentially derived from some formulae based on price action. As such, trading decisions should always be based upon price actions first, with technical indicators acting as secondary tools. Price action and price trend shows what people do with their real money, not what they say with their mouth" [/I] [B]Learn to read critically on news articles. [/B] [I]"Some articles in newspapers or financial websites are written to deliberately trick you into buying or selling" [/I] [B]Mark Twain[/B] [I]“If you don’t read the newspaper, you’re uninformed. If you read the newspaper, you’re misinformed.” [/I] [B]The emotional side of trading[/B] [I]"Trading can be a very emotional thing for many of us as it involves money. We need money to pay our bills and losing money can be a very painful experience for us. Have you experienced seeing a losing trade and then you decided to cut loss, the next thing you see, the trade that you cut with losses suddenly went into huge profit and you kicked yourself for exiting that trade? Or you took a small profit when you see your trade move to the right direction, then you see it move even further up and you enter the trade again. The next thing the trade moves in the opposite direction and you lost all your profit you just made. Many traders made these mistakes because they are driven by fear and greed" [/I] [B]Summary[/B] [I]"It’s how you manage these emotions which will give you advantage over the other traders" [/I] Skate. [/QUOTE]

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