Saturday 31 August 2019

Dow Jones - I Got Killed



The worldwide market was overall bullish yesterday. With that same expectation, I went to the Dow Jones to look for long signals which I found some after I saw a cob and a 3/4 bottom. I went long and saw some not bad profits. I also knew I need to take profits for very short term as it touched the supply zone but greed was getting the best of me as I wanted a little more before I called it a day.





Suddenly, the sell down came very unexpectedly and the market fall. It kept falling and I had some fear as to whether to cut loss or not. I scrolled the entire 5 minute chart to observe again and I saw it touched a small demand area and hence I decided to hand on a little while as the market was to me quite bullish. As you can see from the chart, I longed my last 10 contracts really at the bottom and it started to turn up again. It turned to form a cob and I went to sold with $1000 profits while I cut the rest of my losses with -$4000. I should have cut earlier and shouldn't suffer that emotion roller coaster but said is easier than done. Damn, I should have took my earlier loss and bought more at the bottom as shown in my last 10 contracts.




Towards the end of night, after some losses and got killed by those sellers, I went to long 20 contracts for a quick one. It started to range up/down with no trends and I decided to call it a day on a small profits and not to sleep with overnight risk. Market rebounded end of day but I was sleeping with peace and at least I don't have to think about my positions anymore. I take this lesson seriously and will improve on not being greedy and should a small loss happen, just take it. Moving on to next week.

Ron K - A Game Changer

Thursday 29 August 2019

Dow Jones - LIVE Learning with Ron K







Had a super long long day in the hotel as I booked a LIVE Trading and Learning session with some participants who are eager to learn an wants to trade LIVE with me. It was the best LIVE Learning session this year since I conduct hotel events 3 years ago. Why? Because the market opened green and then turned red before having a huge rebound. That was in the Singapore market and we traded some stocks and made $.


Since the worldwide market was bullish, I decided to just long the Dow Jones at any point with no stop loss since the market is going to go up anymore. Hence, if you see my entry price, it's not the best price but in the end, I was still able to profit from it because it's a bullish day overall. Looking forward to trade more frequent with my guys.

Ron K - A Game Changer

Monday 26 August 2019

Dow Jones - Trading LIVE in Instagram







Traded LIVE earlier in my Insta Story LIVE where everyone saw my trade and I locked in profits live in front of everyone who click my channel and watch it. Shorted the Dow Jones pretty late as I missed the earlier shorts at the top but still managed to catch a small wave down and locked in profits at the bottom. The trick was that it almost broke the support floor and there wasn't any strong buying where I shorted but as it trended lower, it almost touched a demand area where I thought it was wise to lock in profits first. Since the trade war took place, I decided not to swing too long and take profits along the way to protect my positions. The market is volatile but it present a lot of opportunities to make $. Follow me in Instagram if you want to watch me LIVE.

https://www.instagram.com/ronaldkstockmarket/

Ron K - A Game Changer

Saturday 24 August 2019

Micron Tech - Profited $2561






The Dow Jones crashed -600 points and many stocks tumbled big time last evening. After a cob at the top, the dow jones recovered and then within the next 2 hours, everything collapsed. See the 15 minute chart attached to study the movements. Everything seems tricky now as one day up and the next day down. My very consistent student just reaped off another good profits in Micron and made some good profits of $2561.



Micron is a stock that was affected and linked to China since many of their chips are used by Chinese companies like Huawei and hence it's wise choice to short when the US-China trade war still lingers. The Dow crashed so did Micron and many other tech firms. Congrats on your wins again and taking those small losses.

https://www.cnbc.com/2019/08/23/china-to-retaliate-with-new-tariffs-on-another-75-billion-worth-of-us-goods.html

https://www.cnbc.com/2019/08/23/trump-will-raise-tariff-rates-on-chinese-goods-in-response-to-trade-war-retaliation.html

Ron K - A Game Changer

Friday 23 August 2019

Dow Jones - Bottom Fishing





The Dow collapsed yesterday evening after 2 long break our bars. Just when I thought i was about to crash, it suddenly touched a bottom with a steep sell down and U turn back up again. Longed at the bottom and started to swing a little. The first 20 contracts wasn't really at the bottom but the last one was. As it continued to collapse, the last 10 contract was really the turning point where I longed my last 10 contract at the bottom and it finally reversed up. From that bottom, the Dow Jones trended all the way up and I got to lock in profits while cutting some losses where I longed to premature. It was an easy night last evening but it wasn't so simple to long at the bottom thereafter. Looking to trade another time soon.

Ron K - A Game Changer

Thursday 22 August 2019

Dow Jones - Shorting Game






Shorted the Dow Jones earlier at 9:30pm - 9:40pm. The market kept trending higher and touching a critical supply ceiling that I thought it would be wise to short instead of long. After shorting, Dow kept climbing higher and higher until the 3rd five minute bar where it gave away and it started to breakdown. I shorted 20 contracts first then slowly added my last 10 contract to make it 30. Finally, as of now it's starting to break down as the sellers took control and I hope to lock in profits soon. Was in some losses and slowly recovering to profits.

Ron K - A Game Changer

Saturday 17 August 2019

Micron Tech - Fight to Recover with $2382 Profits



Another good win in Micron Tech from my student who added me in Instagram and reposted his profits in his IG story. The US market had been choppy lately but there were stocks like Micron and other semi conductor like Nvidia which looked strong for a rebound. In fact, when I studied Micron chart, there were so many signs of strength for entry and trading which could yield good profits if you know how to and hence if you can spot those areas BEFORE the run, it's would be beneficial to your trading and you can make the same profits too. My student made an earlier loss in Wall street and recovered back in Micron which was pretty impressive considering the fact that the profits exceeded far more than the losses. Congrats again!

Ron K - A Game Changer

Friday 16 August 2019

Dow Jones - Profited $3000+ At Night




I had a long day doing work and watch market today. Today's Singapore market is tricky while I am not sure what's the direction was but the US market seemed so much easier. After work, I went to watch and played some basketball. During break time, I took a look at the Dow Jones chart and started shorting at the selling zone. The Dow jones came down and I made a super quick profits of $457 USD. It wasn't great because I planned to swing longer but it's good enough for me because I made $ during a basketball game.







Later on after I ended the game, I started watching the Dow Jones more closely and saw good signals for more shorting. Shorted another 20 contracts near supply zone and after 1.5 hours, the Dow suffered some selling but did not crash like yesterday. I wished it could have tanked lower but because it's near some demand zone, I decided to lock in $3000 and call it a day. Today's trading ws purely based on zones trading and not much on other strategies. I am not sure if I have the time to trade this month but looking forward for some time in September.

Ron K - A Game Changer

Thursday 15 August 2019

Dow Jones - 1 Day Crashed -800 Points





The Dow Jones just crashed -800 points. This time round it has nothing to do with Trump but because the Germany and China data wasn't looking good while Germany is pointing towards a recession, the market reacted strongly to it and started to suffer a major sell down. I don't read the news and I am not sure what's the full story but from the chart, there was strong bearish signals as drawn in supply zone lines and the circled areas of heavy distribution. Market doesn't like the strong distribution lines and hence once it touches there combined with a heavy supply zone, the market got sold down. Shorted 10 contracts chasing the market last evening which was something risky, still just when I thought the market was about to rebound, it tanked lower and lower till it touched a big hole.

Ron K - A Game Changer