Many people didn’t know that I’ve been following the share markets issues ever since I was in primary school. I used to give a hand to my father to do some filing works,data entry into his Lotus 123 worksheet (Fyi, it was a hot software before we use MS Excel now) and also clipping a newspaper or magazine about his favourite listed stock exchange company news or articles.Well, my father wasn’t a person who makes a huge bucks from selling shares at high price nor he never owns any BMW or Mercedes. Always in a situation where he could make a huge profits while he has no enough fund to buy several potential blue chips stock when its down to low price, he always fill up his satisfation of predicting the future by giving his friends some hints of what shares to buy. Eventually, his forecast is more than what weather reports can tell you about to happen if you were planning to take a picnic this evening. His forecast means you can have enough bucks to change your plan and take a trip to other places by paying a plane tickets.Yes, it’s true. Technical analysis is his favourite subject. 200 days moving average and japanese candlesticks are a few of his what in the earth is that which he often take into a subject of his discussion whenever he has a time to have a chat with me.Well, at least I knew something and at this age, I finally get what he means about it.
It’s been a 5 years now since he has subscript to Metastock, a software programme that compiles all data from as long as 10 years back of the company daily,monthly and yearly shares perfomance chart.Now I get the ideas why technical analysis can get so exciting – by distributing a single line from the graph peakand analyze the moving of it, you can determine when will the shares will goes in maximum before its going down in a few month like you wish you should’ve sell it earlier before the your share prices can fall almost 80 % of your buying prices.It’s all a risk management skills and some novice will have to get a remisier to consult them before moving with any decisions.Some people might think it’s nonesense – why do invest in shares after knowing all thsese ridiculous fact?.
Put it this way, a car driver has a same lesson taught in all over the world. Reds means stop,green means it’s a right to move on. All remisiers,stockholders,investment firms and any related people learns the same things and act upon it. The moving averages of the shares market perfomance graph is being watched by millions of people and when the red lights is flashing out after a few moment of alert, everyone will move to the same decisions.Other things that definitely take into consideration is rumours or newsflash about anything which consider positive or negative feedback from the current situation.To conclude it, the same colors of traffic lights and its basic rules were implemented everywhere and considered a global knowledge and thus, turns out to be a simultanoues reaction by any person at his different places at any time. In shares markets, the whole things is surprisingly, the same concept with the traffics lights lesson.
Why you should read further? If you get what I mean, the drops of shares price of highly anticipated NYSE stock exchange like Microsoft,ExxonMobil,Citibank and etc, should gaves us the ideas of putting a few of our money for investment. Why? Just like the nature calls, everything’s down must go up. if it’s not in near or short moment to get back the profit, it must be rises and just like any oher investment, it takes time to tango.
To strenghten my points there, please surf to this link Daily Wealth. Maybe this is the right time to have some faith on this share markets since they were not many times like now happens and this is where the bg boys got to earn their big bucks by selling their shares and gaining profits 5th time more than doing conventional business or your employee fund contribution. How often wars can happen and the big boys got the big cash just trading the Kuwait dinar into foreign exchange. Hmnnn… it’s tax free. Better think about it
I might get enough money to start a life with my wife to be… Stop, i need to find girl first…
Ridhzuan Harun
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December 13th, 2008 at 12:07 pm
[...] Vote It takes time to tango……. [...]