Almost 800% profit in half a year. Thanks, T3B!! Dear Keane, Thank you for imparting T3B to the public. I never thought trading could be so easy. All these while as a teenager, I’ve always heard stores of how people who trade stayed ‘glued’ in front of their Teletext to watch share prices, and worse still, only to lose a great portion of their hard-earned money. Some even end up bankrupt. However, using your system, I was able to trade during my NS days in March 08 when I graduated from T3B, using only a meagre 10-15 minutes a night. From March to today (Oct 0Cool I’ve increased my initial capital by more than 800%! Of course, there were times when I made mistakes in my entry, however, I followed T3B's cut-loss rule and soon realised how important this was in preserving my capital. The cut-loss rule became apparent when fellow traders whom I know have yet to cut their losses and in the near future, when my new positions are already in the money, they're still 'stuck' with their then positions they should have cut loss on, not knowing what to do. In this current market, I never realised how good my trading results were until I heard people complaining about how ‘crazy’ and volatile this market is. Apparently majority of the public lament about how terribly the market is collapsing, unaware that there’s actually a method to profit even in a ‘free fall’ market Today, 4 months after my O.R.D, my monthly trading ‘income’ easily exceeds the monthly income all my friends in my age band process and it’s increasing as my capital increases. The amount of effort I put in? A mere 10 minutes a day! Trading has been made easy for me, just follow T3B rules. T3B gives exact entry and exit signs, with precision accuracy. Thank you T3B!!
Burhani Shoeb
Profit of SGD90,567.78 in 2 months
In my last post I had written about the 112.5% profit I made in my first month of trading using the T3B system. Today I completed my second month of trading and the results for this month have been phenomenal.
I have withdrawn my initial capital and some profits already and hence I cannot calculate the exact percentage returns for this month alone. However, as of today, in the 2 months since I started trading on 7th Aug 2008, I have made a total profit of SGD90,567.78. Since my profit for the first month was SGD16,871.24, my profit for this month is SGD73,696.54 !!!!!!!!!!!!!
Now, what do I say? I simply do not have the words to express myself. During this time, when the financial markets are crumbling down, I will be laughing all the way to the bank.
Dear Keane - I will never be able to thank you enough for introducing me to the T3B system. A BIG THANK YOU to you.
Cornelius Tan
T3B Has Brought My Trading Back on Track
About myself: I started trading in the stock market back in 1999 during my National Service days. That was the time of the internet bubble and most people were still looking at stock prices using this cool tool called the teletext. As a newbie, I started speculating in IPOS. Back then IPOS were steaming HOT and could potentially give you a few hundred percent returns, IF you strike. Having tasted some “success” (more like luck), I got bolder and started buying stocks in the open market. But guess what, the market crashed. I presume that’s why they are called BUBBLES because all bubbles eventually do burst!!!
And here’s a summary of my sins after the market tanked: 1. I did not cut my losses (It’s not a loss if you do not realize it…yeah right!!!) 2. I averaged down (Yikes!!!) 3. I decided to become a long term investor (aka Warren Buffet!!!). In 2000 after ORD, I entered university and HOPED that by the time I graduated, everything will be back to normal. (Dream On!!!)
In all, I lost 10k worth of savings (allowance from parents, ang pow money etc.) and vocation pay from National Service. Back then, that was my net worth!!! Luckily I had no debts. Otherwise I would have been rendered insolvent.
The 2003-2007 Bull Market:
After graduation, I challenged myself to be successful in trading and investing and never to return to my old ways. I read books, attended seminars, subscribed to newsletters etc. The stock market is a great way to built wealth. But it is also a terrific way to lose your hard earned money. Education and knowledge is THE way to prevent oneself from falling prey to the market.
Here’s a summary of what I learned:
1. It is imperative to establish your objective(s) in trading. They must be as specific as possible.
For example: Long term objective: To reach $1milllion cash in 10 years time from starting capital of $30k
Short term objective: To achieve at least 30% returns annually, with average profit to loss ratio of 3:1, with worst case win rate at 40%. Trading profits are to be added to existing trading capital for the next financial year.
Work out if the above objectives are realistic using Microsoft Excel.
2. Practice position sizing and evaluate risk vs reward before opening any trade. Position sizing is very important to trading success. If you size too big, your losses grow. If you size too small, your profits will not be enough to cover your losses. A trade must at least return a 3 to 1 reward to risk.
3. Discipline to cut loss is of utmost importance. Cut loss immediately when your stops get taken out. Do not hesitate. The longer you hesitate, the size of the losses get bigger and you might just end up being a long term investor. Do not worry of how much money you are going to make. Instead place more emphasis on your bottomline.
4. Establish a written trading plan with specific entry, position sizing and exit rules and follow the plan strictly. This helps in developing discipline as well as keeping fear and greed under control.
5. Document your trades in a trading diary with screenshots and notes so that you can learn from your success as well as failures.
6. Record down your trading results and plot an equity curve. You want to know whether you are really growing your wealth in the long run and are you on track to meet your long term objectives as well as finding out if you are improving as a trader.
I have traded the bull market with reasonable amount of success and have managed to achieve annualized returns of at least 30%. I even managed to recoup my 10k loss suffered during the .com bubble bear market. However the bull market ended in late 2007. If I do not educate myself in shorting I would not be able to compound my wealth during the Bearish years and may not be able to meet my long term objectives in my target time frame.
How T3B has Benefit My Trading:
Before T3B During mid 2007, I started to learn how to short. I thought I was able to transfer my knowledge of “longing” stocks to “shorting” stocks easily. I was wrong. I even tried to invert charts upside down so that I could analyze it on the long side when finding suitable shorting candidates. I began to get stopped out of trades more often. My win rate and average win worsened. Profits made during the bull market were slowly being eaten up.
Even though the market was dropping, I was not making any money from shorting. I was underperforming. My psychology was getting affected and this made my trading worse. I had to reduce my trading size and also trade less often but at the same time maintain cut loss discipline in order to limit the damage on my trading account.
My record from Aug 2007 to May 2008 for shorts was as follows:
No. of trades = 20 % Wins = 30% % Losses = 70% Average Profit = $1,386 Average Loss = $636 Expectancy =-$29.40 (Expectancy = Average Profit x %Wins – Average Loss x %Loss. Note that expectancy must always be positive otherwise you can become bankrupt in the long run). Net loss = -$592 (If I did not cut loss. This amount would have surely grown).
My expectancy was negative. This meant that I was losing money shorting. If I had continued the way I was trading, it would have been hazardous to my trading account.
After T3B
Thankfully for T3B and Keane who has since guided my trading back onto the right path with his S2 strategies. His teachings have complemented and reinforced my understand in trading especially in the area of shorting. Since the seminar I attended in early June I had traded with great confidence. My position size is now back to optimum level and I am also taking on more trades.
My Results using T3B:
For the record my trading results since I attended T3B in June are as follows:
Max Position Size = $20k (or 20% of $100k with no margin) or $2,000 for 10% Margin. Min Position Size =$10k with no margin (Stocks with position size less than 10k will be avoided) Max Risk per Open Position = 1% of Total Trading Capital ($1k) Max Risk Allowable for All Open Positions = 6% of Total Trading Capital ($6k)
My Stats:
No. of trades = 49 % Wins = 77.6% % Losses = 22.4% Average Profit = $3,578 Average Loss = $955 Expectancy = $2,562
CMC Account as of 14 Nov 08 = $123,199 (ROI = 516%) Saxo Account as of 14 Nov 08 = $46,309 (ROI = 131%)
Total Returns from CMC and Saxo Combined = $169,508 (ROI = 323%)
Return on Total Trading Capital For FY2008 after T3B Seminar in June = 169.5%.
I am on track and on schedule to achieve my long term objective.
Thanks Keane and T3B !!!!! I hope for the opportunity to again learn from you in the near future.
P.S: Also special thanks to Yoseph, my esteemed colleague and trading pal and the guy who wrote his success story before me. We attended the free seminar together and signed up straight away. It was him who got me to accompany him to the T3B free seminar. Also thanks to Derick Tan for his insightful and thoughtful presentation during the free seminar that turned our doubts into belief and prevented us from procrastinating.
Ang Ngee Poh
Trading Success with T3B - Let our Winners Run!
1. Tell your success stories and how T3Bsystem have help and benefit you in your trading.
- Learning T3Bsystem has allowed me to trade end of day with ease and to accumulate additional wealth without affecting my daily job both in terms of time and emotion. - In the past, cutting losses has been very psychologically difficult for me. However, through T3Bsystem, I have learned to use and put stop orders consistently, thus keeping my trading emotion well under control. - It is also through T3Bsystem that I learnt from going long into going short with more ease and confidence.
Thanks Keane and T3B for changing the way I trade as well as making a significant difference in my trading performance!
2. How much you have make in terms of money and percent using T3bsystem.
Starting Capital (CMC Account): $10K Current Capital (CMC Account): ~$38K ROI = ~$28K (280%)
3. Your average win rate and percent gain.
No. of trades = 32 Avg Win Rate: 78.13% Avg Loss Rate: 18.75% Avg Win: 3.13% Avg Loss: 0.60%
P.S: Also special thanks to Cornelius Tan, my great friend and trading pal for introducing me to T3B.
Peter Ow
Update to my trading and giving due credit to T3B system I started with $5k in CMC after the August'08 class, and 3 weeks added more money and also opened an account with Saxo. At that time, I'm still not making money but I got money from the stocks I "cleaned up". My 1st trade was S1 Wilmar that I bought on the 3rd day of class, which I lose a little money.
However, what I gained was I cleaned up a good part of my existing porfolio (not all because some electronics stocks already lost 80%-90%). Some I cut lost, others I learnt to exit & take profit when it break trough.
One of the most valuable thing I gained from T3B is to know when to exit. In the past, I kept holding on to stocks to see a hugh profit and later a hugh lost and yet still holding on. Hope you did not have the same experience as me.
I'm glad I did the portfolio clean-up, else I would have lost a lot more today. A few of the stocks that I used to own became very good S2 stocks for me. Among them are China Milk and Jaya.
T3B works for me.
To date, I made about $43,000 (all in 3 months!!!). I said "about" because some of the trades are still running. That is around 120% gain in my CMC account and 50% gain in my Saxo account. 11 out of 35 trades went against me (about 69% correct). One of those trade was because Saxo mandate I need to close it on the same day for some reason relating to returning of scripts. I didn't have access to internet when I received the call, so by the time I close, I was hit was a small loss. As you see, T3B gives me a system where I limit my losses and let the profit run.
Another important lesson I learnt is to have the courage to "Follow The Rules". I would have made more money had I not put such a tight stop Smile For example, just last week, I got Yanlord at 0.825 as it broke trough, only to be stopped out as it hit my 8% stop loss at 0.89. For penny stock with volatility, I should have use the break peak as my stop loss.
I'm sharing this not to boast but to show what T3B has made possible for me. It is my desire to trade full time to claim back more time for myself and my family. I wish you success in your trading.
Tan Siow Ling
Many thanks to Keane, t3b system and mentors
Would like to take this opportunity to say THANK YOU to Keane and t3b mentors. I started trading with zero knowledge. After joined t3b family, i missed a lot of opportunity due to busy work schedule. Last year October, i started to trade seriously. Started with capital $20K. Today I closed all my shorting position and get a profit of $50k. Many many thanks to Keane and T3b mentors. Especially seeing all my friends and colleagues worried of recession and jobless, i am great that had made a RIGHT decision joining T3b family.
Thanks again to Keane and Mentor Derrick
Ong Kah Heng
Confessions of Half A T3B Student…
Hi Keane, Mentors and all members of T3B family,
Good day to everyone! Looks like this thread has been one of the most active among the others, besides the one that i've been hogging with my many posts under S2 stocks. hope it was not overdone.. Laughing
Thank you everyone for sharing their success stories! I am sure all of them put in their fair share of hard work and time into it. I'm sure it will be a great motivation for those just started out and those who r working towards higher success rate and profits.
Please allow me to share my story as well as an encouragement for those who still have doubt in the system.
1. I'm from the aviation industry and travel a fair bit, so i was on the lookout for an avenue to accumulate my wealth, besides savings from my relatively well-paid job. Doing a business was out of the questions as i'm not ard most of the time so i started out as an value investor and made a bit from the bull run using buy and hold method over the last few yrs. Then the Bear came and i suddenly realize my strategy doesn't work anymore. I was then thinking of a way to make money out of the bear market which could last for yrs and luckily for me, a friend introduced me to T3B! Lucky Me! I went for the preview and sign up immediately after it (first trading course i ever signed up!), but due to work commitment i was not able to attend the 3-days course. In the end, I have to rely on the textbook that was given out and digest as much as i could. here, i must pay tribute to Keane, whom has made his notes as easy n simple to understand and with the many examples which i could backtest using the T3Btrader and went through on my own while i was away from singapore. Spent a lot of time going thru the forum and digging up queries posted by the members and myself posted a lot of questions online as well and with the relentless replies from mentors, esp. Derick and Fiona whom i must say a BIG THANK YOU! the 2 of u has helped me a lot! Of course, without Keane method i would not have discovered this wonderful system to profit from any market conditions! THANK YOU VERY MUCH! so, cut the long story short, me a half T3b student and i surprised myself by switching from hardcore value investing to T3B trading! I have only this advice: Follow the rules strictly! now i understand why Keane said those stuffs on Pg 186 after experiencing it myself.
2. here's the juicy part: since introduction to T3B in early june and started tradin in the later part, I will break it down into 4 mths:
Late June to Aug: $50k start-up capital - 6 figures profit and few hundred percent gain. (Based purely on S2M2 method as i have not started learning S2M1 n art of drawing trendline)
Aug-Sep: 6 figures profit again based purely on S2M1 method after learning the tricks of trendline drawing from clinic session by mentors as well as online forum posting n of coz the textbook.
Sep-Oct: 6 figures profit but have given back a large part of it over the past week. Combination of both methods for S2.
3. Average win rate for closed positions: 67% from late june/aug, 89% aug/sep, 69% sep/oct, average percentage gain from $50k into a few 6 figures sum = few hundred percent.
As my confidence built up over the months of trading, i am now enterin into my phase 4 of trading, which i will concentrate my funds into 3-5 counters, which will also require large liquidity and transacted amt for the counters involved. currently except for blue chips (which i try to avoid shorting except for a few really good ones) and some penny stocks, i have difficulty finding good S2 stocks with such criteria, esp. given that CMC and many brokers have removed a lot of good shortable counters. As such, i will be attending the T3B forex course next weekend and I am certain it will another exciting journey for me, esp after attending today's forex preview. Of course, hope to take up T3B option trading as well in the near future..
Think i've been long-winded again as usual. But seriously, i hope what i wrote is encouraging enough to build up your confidence in the T3B system!
Finally, I would like to thank our teacher, Mr Keane Lee, mentors, Derick, Fiona Tay, Melvin, Darren, Mr Tan and other mentors and all T3B trading kakis like Darren See, Ang CH, etc who have posted in the forum. I learned a lot from all of you. Thank you!
Eileen Ng
About 1 year ago I sat in the T3B preview with absolutely zero knowledge about the stock market, and was impressed enough to join the course even though the course fee was considered a huge burden on me at then.
The stock market was going through a period of volatility at that point of time and I had to cut loss consecutively for my first few trades. However, support from the mentors and T3B family gave me the encouragement to persist on and I managed to recoup all my losses as well as recover the course fees within 3 months, after learning the right way of riding the trend.
T3B not only sparked off my interest in financial investment, but also made me realized that holding on to a 9-5 job is not the only way to generate an income stream. I then made a decision to bid farewell to the corporate world and that was my very first step to switching from the traditional active income route to the legendary passive income route which you hear about ever so often. It was an exciting but nonetheless tough choice to make, but I’ve never looked back ever since.
Right now, T3B allows me to earn a passive income without having to work, I sincerely thank Keane and the mentors (especially the Senior Mentor) for making this happen.
(success story as inspired by the newspaper advert :p)
Mark Ong
T3b student 3rd in CMC competition; ROI 341.18%+$5k reward Part 1: Success stories and how t3b have help & benefit me in trading.
a) Recovered course fee less than 2 wks after long China energy in may07 and exit soon after that when exit signal appear.
b) Turn $50k CPF portfolio with losses of -50% into profit of $30k(60% gain) after using t3b method. Now money idle in CPF waiting for S3 and S1 signal. May I turn this to achieve my $1million dream for my CPF account
c) 3rd in CMC Trading competition with ROI of 341.18% plus $5k awards.
d) Not much fear because already pre determined stop loss price to cut loss if against my trade or move stop order to secure more profits if aligned with my trade.
e) Without t3b, most probably i will hold onto my cpf porfolio which may worth less than $10k now. Instead i recovered fully my $50k capital plus $30k profit equal total $80k.
f) I had lost count how much i make for my cash holding I consider myself lucky compare to alot of my frds who is in RED, .i had intro my frd to T3b, last heard he is having some positive results. tks t3B
g) Actually , alot to say leh..........sori need to cut it short.
2 How much i have make in terms of money and % using t3b system
a) CPF: $50k capital with $30k profit,so is 60% gain ( shd be more because before i use t3b, my CPF porfolio was -50%) (CPF had recorded my profit in my statement so i didn't lost count)
Cash: abit lost count but not like PETER LIM not kind of amount (hahaha) Based on cmc results is 3rd with ROI 341.18% I also have SAXO, IG and POEMS account beside 2xCMC accounts as so to have access to as many counters as possible if one brokerage house dont hv that particular stock. But need alot of effort to monitor each accounts.
But best of all, only use ONE METHOD to trade,not so confusing. that is Our T3b method.
3 Average win rate and percent gain
Since i join in may 07, i been through the bull, the ranging and the bear.
Just a rough guide fr my memory. For trending bull and bear; Average win rate at particular timing can be as high as 70-100% I ever had 10 positions with all positive return before position closed out. After closed out all positions, only 1 or 2 triggered my initial cut loss price while the rest in profit)
(Percent gain 20% to few 100% because of CFD leveraging but must be careful)
For ranging; average win rate is around 50-60%.
Most impt,one must be discipline to cut loss if trade go against one's positions and preserve capital for future trades
PS: maybe i should put it some discipline to come up a trading log using excel format which can auto calculate daily profit/loss, average winning rate, & percentage gain for monthly, quartery and yearly. ( If anyone already got this trading log, will be much appreciate if can share.)
Before ending,will be nice if can learn the index/futures course conducted by Keane.
Tan Kwang Lim Gabriel
My Success Through T3B Trader Hi everyone, I attended the batch in July 08. Like everyone, I have a unique story to tell. Currently a 2nd year student in a University, I attended the course and preview with negative thoughts. Having never touch stocks before added the negativity. I didnt even tell my dad I paid thousands to attend this course or he will kill me haha.
After attending the course, I felt very the positive about the system. The system was so easy to use that I don't even need to know about differentiation to use it haha (joking). Registered through CMC and pump in 15k as my base capital. On the 24th of July, I started my first trade.
I obeyed the rules in S3 and S2 truthfully, breaking tough sell and breaking peak buy. Started very cautiously setting a limit of 4k for each counter I buy/sell. Like most of us, I lost quite a bit in early August in the S3 counters of Wilmar and StraitAsia. Without T3B, my lost would have been more if I didnt cut lost. I told myself not to give up, it was a learning experience. Removed all my S1 and S3 counters and focus all my attention onto S2 counters.
From July 23 to August 23, I made 15k minus off the lost through wilmar and straitasia. That is 100% of my profit for the first month. The counters I shorted total about 12 with just using my base capital of 15k
From August 24 to September 23, I rode the bearish market and made 30k which is 200% within the 2nd month. The counters I shorted total to 18. At this point of time, I was almost in position with all shortable counters provided by cmc that is narrowed down by using T3B system. At this point of time, I was also informed that I was in the 7th position in the CMC 5k trading competition. Like most of us, We were taken aback by the government intervention when they pumped money into most of the counters to bring the market back up in 1 of the days. I started to apply the 80%PP rule few days before when I realize the market was getting too bad to believe. I was really excited that the skills learned really applied and manage to protect my profit while attending classes for that day.
From 24 Sept till now, my profit is also another 30k. ?i have since then reduced my counters but increase the lots to a minimum of 15 lots.
Currently, I have withdrawn 25k and there are still $50000 inside my account. I told my dad about this and he was initially negative about this. His thoughts have changed after I paid for his road tax and lingzhi using the money I had earned through trading haha.
All is not well and smooth as the story goes. I had encountered some situations where I shorted counters and they drove back up by a lot. With patience and believe, I maange to weather through them easily. This is especially true for STI components.
Some of the counters I shorted before
-Sino Env -Yan Lord -Cit Dev -Tat Hong -Cosco -NOL -Sino Mem -SP land -SPC - etc...
From here, I would like to thank Keane for providing me such a fantastic and unbelievable system to use. I am able to make so much more even before I graduate.
1 very important I have learned through this process is when you have the winning formula, stick to it. Never let anything influence or change your winning structure.
I hope this story inspire you guys and lets achieve to greater heights together.
Yoseph Adhi Darmawan
Manage your risk, the return will come by itself 1. Tell your success stories and how T3Bsystem have help and benefit you in your trading.
The benefits of the system: - Early entry and exit, can ride the trend from the beginning - Indicates clearly when to trade and not to trade - Psychologically friendly due to high win rate, boost confidence hence easier to follow the rule. This is very important since psychology aspect is vital in trading.
Something to share….
Trading is not only about technical analysis. Trading in a big picture consists of mind (psychological aspect), money management and method. Technical analysis is only the method. The more important elements are money management and psychological aspect.
The money management helps us to manage risk. It involves how to position size, when to increase/decrease position size, when to stop trading, maximum number of open position, etc. It allows us to survive long enough to learn from our past mistakes with minimum tuition fee =)
The psychological aspect could be the factor that can make us not to follow the rule or some other factors that could deteriorate our performance. Good money management and record keeping would help in this matter. Creating trading plan, equity curve and trading diary will help us to be organized. Trading plan helps us to plan for future trades while equity curve and trading diary keeps the past trades. The past trading records would help us to analyze and learn from our past mistake. The lessons learnt then could be used to modify the trading plan for future trades.
For those who are interested in further technical analysis, more things could be studied further especially price action and patterns (trend line, support, resistance, triangles, ...).
2. How much you have make in terms of money and percent using T3bsystem. All the % refers to percentage to capital (not margin based calculation). All the trading decision is based on the maximum risk per position = 1% (maximum financial stop loss 2%). Total % gain since June: 116%
3. Your average win rate and percent gain. All the % refers to percentage to capital (not margin based calculation). total number of trade: 41, ave win rate: 85%, ave win:3.5%, ave loss: 0.6%, max win: 17%, max loss:1.4%.
James Khoo
My 1st trading day with T3B/CFD=S$862/- gained... Thk Q SiFu Keane & Your merry mentors viz.Derrick & Darren!This is your graduand in batch:0068;23.11'2008.
I've completed trials N errors over the last week with T3B charts. N started to trade with T3B charts today. On Fri. last, I watched KepCorp gapped down ;broke T line & RED arrow appeared with high KRA ;& hugh Vol. = perfect S2 category. This morning I placed my CFD trade to short @ 4.20 after opening high 4.23 stalled.
Becoz of my old trading habit [sorry ] have to bend the rules >1600hrs to take profit 3.94... Will watched your charts again to determine tomorrow's tarde .Cheers. Ps. changing my paradigm to switch from intraday trades[buy low to sell high on market sentiments] is difficult. But today has some proof for T3B favorably. THKZ ALOT !!
2nd month into T3B trend trading system... Last month was my 1st month using T3B to earn the return of 1st installment & Chartnexus' fees Very Happy ;albeit other losses incurred becos traded in anticipation with old habitual trading to buy low ,hoping to sell higher Sad .
Cool Today is a real acid tests to change my intraday trading habits ,with high opportunity costs![becos I did not chase the rally.. Crying or Very sad ]
Had wanted to short Cosco last Wed.[S$1.00] after their Tues.'s nite announcement on profit warning & orders cancellations . But reminded myself ,after Tues.'s nite @TradersClub mentoring to await clear signal for
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that should happen by Fri.after NY hol's.
Truelly spoken BT onFri.=BUT to close 0.925 ! So I booked my short 0.920 for this morning trade[cut
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]. Shocked Opening 0.930 to close the day 0.990 !! Moral :missed 0.10cts profit last week;missed losses 0.07cts today Rolling Eyes .
My holistic lifestyle tells me to believe & have full trusts in the teacher & since I've paid >3K & a long weekend to learn T3B;SiFu Keane & all his merry mentors MUST be sincerely appreciated until proven wrong in my next 23months Rolling Eyes .So,all my fellow graduands on 23.11'08,be PATIENT as the market is always ready for our winnings every new trading day!GoodLuck
ps. both S2's lists by Keane & Mentors' closed up today .....patience...
3RD Month into T3B trend trading systems... My 2nd month completed with 3 trades followingT3b;with 2 positive and one negative.
Due to boredom in the market,I did 2 trades impulsively on my old intraday habits ;thus ending the month in the red.
Laughing Today,faithfully followed red arrow in the HOLY charts of T3B on F&N,
3peaks followed B1,B2 to book the short @ one bid off last close @2.87 Cool successfully.
But ,again my old habits took over my judgement & took profit @2.73.
DJ futures now down.Tomorrow gap down, and I'll kick my own A#%&*!+.
[btw,F&N also on Mentors' list:THK Q!!]
Now that USA new pres.'s inaugeration's over;Budget goodies over;but all the bad annual reports are forthcoming,the next big slide should come really soon.So good luck & many happy earnings with T3B...!!
4th month into T3B trend trading system..... Closed my 3rd month with only 2 shorts successfully on early Feb'09 with F&N. The rest of the month ,learning to be patient to await the next wave.
This 4th month/1st day=today; opened with a great gap down !! But many are far beyond chasing >6%.
Now DJ futures already down 150!!
Lets' have a very happy month this time. No more waiting.
Happily entered 5th month of T3B trend trading... Closed Mar'09 with 4 successful shorts:KepLand[1.27/1.13]; SMRT[1.61/1.54]; Arrow Cosco[0.73/0.715] ;& KepLand[1.51/1.40].
Arrow Was a fluke as sold 0.730,but whilst executing stop lost sequence in KECFD contingent buy order 0.77/0.765,forgot to click "greater than/lesser than" & when "ok" the trade was triggered;thus it's a "GOOD" mistake as the counter flew up with the climb of that day. [Reminder Exclamation :for all the newbies to practise with basic training & advanced training with your trading platform providers]
Generally,patience is the path to practise as the prevailing ranging patterns may last thru' to 3rdQ'09 for STI to bottom <1200 Rolling Eyes[as forecasted by top economist interviewed recently] . So shorts at S2M1 with P3B1/B2 gives better earnings than break trough shorts due to high volatility. This slow U-turn will also give time to screen potential S3's to catch when the timing arrives.
My ongoing tussles to find trading pairs to hedge; riding the profits ;& chasing performance.
Wink April Fools' day,but entered my short KepLand @ 147 Rolling Eyes this morning to be a happy fool Rolling Eyes with $$$ cuming. Cheers to all in T3B
Paul Png
Trading with NO Fear when you use T3B Rules
Hi fellow T3Bians, I used to have fear in trading with doubts like did I enter at the right price, should I get out now or when? Or WHY didn't I get a better price etc.. (I am sure many of us were once like this) But with T3B rules and concept, these fears and doubts were all past and as Joseph Campell said "The cave you fear to enter holds the treasure you seek" and the treasures are result you see below. Without T3b, my returns would not have been more than 500 times as of now. Now seriously considering full-time trading
Success Stories 
