👍👍👍👍//@koolgal: Technical Indicators are useful tools to help determine whether it is a good time to enter into a position. I like to use Moving Averages (MVA) to determine the current trend of the stock I am interested in. I like to compare the 50 day MVA and the 200 day MVA.  I look for Golden Cross if I want to buy.   A Golden Cross happens when the 50 day MVA crosses above the 200 day MVA,  creating a BUY signal.    Conversely,  if I want to sell,  I look for Death Cross.   This happens when the 50 day MVA crosses below the 200 day MVA, creating a Sell signal. However for these indicators to work effectively,  they should be accompanied by high trading volume.&nb

👍👍👍👍//@koolgal: Technical Indicators are useful tools to help determine whether it is a good time to enter into a position. I like to use Moving Averages (MVA) to determine the current trend of the stock I am interested in. I like to compare the 50 day MVA and the 200 day MVA.  I look for Golden Cross if I want to buy.   A Golden Cross happens when the 50 day MVA crosses above the 200 day MVA,  creating a BUY signal.    Conversely,  if I want to sell,  I look for Death Cross.   This happens when the 50 day MVA crosses below the 200 day MVA, creating a Sell signal. However for these indicators to work effectively,  they should be accompanied by high trading volume.&nb

👍👍👍//@koolgal: The 4 Mental Models of Thinking are very powerful tools to use in our everyday lives.  If I apply them conscientiously it would help me to solve problems, overcome hurdles and other challenges of living.I like to incorporate them into my thinking process especially Model 1 - Reverse Thinking to help me solve problems.Thanks @Tiger_Academy for introducing these powerful Mental tools.  It would be awesome to use them regularly. 

👌👌👌//@koolgal: It is heartening to note that major institutions are net buyers of our Singapore Bank stocks.  No wonder DBS, UOB and OCBC share prices are holding well despite the sell off in our local markets.  It is also a vote of confidence too for our banks that comes at a time when every piece of good news is like a treasured pearl. Thanks @SGX_Stars for highlighting weekly inflows in SGX.  It brings much good cheer to my heart. 😍😍😍

👌👌👌//@koolgal: With the super sized increase in interest rate to 50 bp by the RBA, Philip Lowe has signalled that there will be more rate increases to come.   It is possible that this interest rate may even spike to 75bp if inflation rate is not under control following the Feds rate rise this week to 75bp.But I believe that the Australian economy is more resilient than the US as we have more commodities and minerals which are currently doing well.  Our inflation rate is not as high as the US 8.6%.The employment figures are very good too.  Great news for the working Australians this week as The Fair Work Commission has announced a rise in minimum wage of 5.2% or AUD21.38 per hour.  Hopefully this will help

👍👍👍//@koolgal: $TELSTRA CORPORATION LIMITED.(TLS.AU)$ is my favourite Australian stock. This is because it is the dominant player in the Australian telecommunications industry.  It is the market leader in fixed voice, broadband, mobile services and the corporate telecom market.Telstra has just announced its FY2022 results today.  The mobile business performed very strongly with AUD700 million EBITDA growth up 21.2%.  Its EBITDA in the existing International business grew 15.2%.  Telstra Health had a strong year with revenue up 51% to AUD243 million after including the Medical Director and Power Health acquisitions.Telstra Free Cash Flow increased by 5.9% to

👍👍👍//@koolgal: On a momentous day like today when the Feds have announced another interest rate hike, it is important to focus on the goals of why we invest in the stock market. Thanks@Daily_Discussion for cheering us up with your wonderful Tiger Coins 😍😍😍May the God of Fortune shine on us 😍😍😍🚀🚀🚀🌛🌛🌛🌈🌈🌈💰💰💰🎉🎊🎉

🥺🥺🥺🥺//@koolgal: Queen Elizabeth II led an exemplary and extraordinary life in the service of the people not only in the UK but the Commonwealth.  She will be sorely missed as she was the bedrock of stability and grace.  Her successor, King Charles will have a massive task ahead of him to endear himself as his mother did during her lifetime.  However given time, I am sure he will be able to if he shows his devotion and passion for the task. The British Commonwealth will not collapse as it is an organisation that support cooperation and friendship among member countries. Australians may be faced another referendum whether the country may become a Republic or remain as a colony.  The winds of change are

👍👍👍//@koolgal: //@koolgal: I must confess that "Not Willing to Sell Loss Making Stocks" is most relevant to me.  This is due to my aversion to losses which is a common investing mindset.  A good example is DIDI which I bought at 14.00 and held on until it was delisted.  On hindsight I should have sold it much earlier.  The valuable lesson I learn is that it is important to cut loss when a stock dropped to a predetermined level say 20% or when the fundamentals of the stock have changed. Investing is a life long journey and with my goal of FIRE - Financial Independence Retire Early, Patience and Discipline will help me achieve my ultimate goal.

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