Trust Bank Singapore, New Digital Bank Freebies!

Image
Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving
Post a Comment

B.E.A.T. The Bear Market – 4D for Success!

B.E.A.T. The Bear Market – 4D Guidelines:

Be aware of Bear Market Mechanisms - Don't Buy at Resistance

Nothing goes straight down. Bear market rallies and technical rebounds might occur during bear markets, before the decline continues. Forecast is this bear market might last 4-7 years or more.

Bear market rallies can be fast and furious. Bear market rallies occur after a temporary bottom is found. After the bear market rally is complete, the decline will continue.

Bull Traps or Bear Market Traps – a false signal indicating a reversal of downtrend, ie. that prices might be heading upwards when in fact prices might continue to decline. I call this technical rebound or dead cat bounce. This might happen due to short covering or traders/institutional investors push prices up so they can sell higher

Support can be broken while resistance holds.

So, Don't buy when ceiling/peak/resistance is broken, it is likely I will be in a losing investment!

Ensure Capital Preservation – Don't Average Down!

Prices will continue to decline in bear markets. Buying more to average down my investment will only increase my losses. Unless time is on my side, I have deep pockets, etc. Still I prefer to put my money in money making investments rather than holding on to paper losses hoping it will break-even or make profit in the next 4-7 years or more!

So, Don't average down your trade/investments. Set profit protection and cut loss at 8-10%. Remember this is a long-term bear market!

Avoid Bull Traps or Bear Market Traps – Don't Chase the Stocks!

Prices might gap up at market open or go up intra day. When prices start to rebound, it could be due to short covering or traders pushing prices up so they can sell higher. Do not be tricked into buying the stock thinking a reversal of trend had occurred.

So, Don't Chase the Stocks when prices have run up. It is likely I will be in a losing investment!

Time to Enter/Exit the Bear Market – Don't Buy Weakness/Cheap!

Cheap can be cheaper in a long-term bear market. Timing is crucial to ensure I am buying at extreme bear market weakness which signals the start of the bear market rally and sell into strength before the bear market rally ends. How can I do that? My Crystal Ball guides me!

So, Don't buy on weakness, unless I can confirm we are in a bear market rally!

B.E.A.T. The Bear Market – My 4D for Success!

In a Bear Market, Technical and Fundamental Analysis is not good enough! What do you think?

Comments

Post a Comment

Popular posts from this blog

CPF@55 Policy Designed to Make the Rich Richer!

CPF@55  Policy Designed to Make the Rich Richer! Do you know that  CPF@55  policy can help you get richer with a bigger SA (Special Account Balance) after 55? Yes, provided your are rich with a big OA (Ordinary Account Balance) and SA which exceeds the FRS (Full Retirement Sum).  Assuming you have $240k (SA), $160k (OA) and FRS is $200k, this is how you can become richer after 55: 1.  2 weeks before your 55th birthday, buy a stable Unit Trust Bond Fund with $200k SA under CPFIS/SA investment scheme (minimum $40k SA must be maintained) 2.  On your 55th birthday, CPFB will transfer $40k (SA) and $160k (OA) to your RA (Retirement Account) to form $200k FRS. 3.  Next day, sell your CPFIS/SA investment of $200k, this will be returned to your SA. 4.  You now have $200k (SA) and $0 (OA) after RA is created! What happens on your 55th birthday if you did not do the hack (ie. step 1&3) above?  CPFB will transfer $200k (SA) to RA.  So after 55, you will have $40k (SA) a
Read more

W.D. Gann's Secrets Unveiled Part 6

Having gained 100% confidence in my discoveries of W.D. Gann's Secrets after what happened to Global Stock Markets yesterday, I was deep into my research last night. Wow! This last phase of my research proves to be more difficult and tougher than I thought! All because I dun have a good charting tool to show me future dates! I want to complete this last phase so future turn dates and direction of markets is at least 99% correct. I'm confident of achieving it. I already know where the Straits Times Index will be heading for the next 2 years and beyond = 99% ? correct. Now, because of the obstacles I encountered, I'll complete my research for DOW (our Lao Ta = Big Brother) only to confirm it is the same as Straits Times Index, then I can remove "?" from 99%. Wow! I must complete before November 27 2010, before the free charting tool expires! Why am I so confident and dare to place 99%? Because it is W.D. Gann's Secret to Forecasting the Stock Market. &
Read more

NTUC Fairprice Shares pays 5% dividend!

Yesterday I received the NTUC Fairprice Co-operative's dividend and rebate statement for financial year ended March 31, 2008. I was surprised to receive so much money for this investment! I was holding more shares than I thought. I received 5% dividend and 4% in rebate, which had already been credited to my bank account on September 5, 2008. Too bad, that's the maximum each member can hold. Another very good Capital Protected Dividend Stock to own! Ntuc Income Share Pays 9% Dividend for 2009, credited June 3 2010
Read more