The Systematic Trader by Collin Seow

I have known Collin Seow since 10 over years ago (He was my ex-remisier at Phillip Securities) but only recently decided to join his SMT program (don't ask me why, I also don't know why I waited so long, haha) even though he had hundreds of testimonials for it.

I guess you yourself must decide to take action, rather than take others' words for it, and experience the result yourself.

I am from Batch 108 (HUAT AH!!) and completed the course on 16, 18 and 19 September 2020 via Zoom.

So this restarted my journey to become a Trend Trader once again after such a long hiatus.

Using his Traders GPS algo system and with the FaceBook community of like-minded people, I hope to trade profitably without emotions (which is quite hard as we are either fearful or greedy when looking at the market).

Collin also do webinar every week for all graduates of the SMT program and it is FOR LIFE at the moment (his life or my life).

One important thing I learned from the course is to be a steward of money, which changed my mindset about trading.

"We are not the owner but stewards of money. How well you manage

this money will greatly determine your trading results. Be a steward of

money and focus on trading well instead of focusing on the dollars and

cents. I reckon a change in values is like a paradigm shift. Traders who

changed their values to the right direction are less likely to break their

trading rules and will ultimately gain success in trading."

Collin Seow Trading Rules

Trade with the trend. Buy uptrend stocks on weakness. Sell downtrend stocks on strength.

Know your ETET - Entry, Target, Exit, Timeframe

Remember 3 P's of trading - Position size, Psychology, Price

Take losses FAST. Take profits SLOW.

Never add to a losing position.

Sell markets that show the greatest weakness. Buy those that show the greatest strength.

The market is always RIGHT. Don't fight it.

A Trader's Mind

Metastock Professional Tips & Tricks

If you are interested to learn more about programming trading systems using Metastock software, this is the site to go to.

The site owner is David Jenyns, who is a professional trader, author and coach, residing in Australia.

http://www.meta-formula.com/

You can subscribe to the free newsletter to keep yourself updated.

SR Position and Swing Trading System

On 29 & 30 March 2008, I attended the Super Rally (SR) system course conducted by Mr CK Ee of AsiaCharts.

The SR position and swing trading system is based on using Metastock with expert advisors and indicators to screen for breakout and reversal stocks in Singapore market.

I feel that this SR system, esp the swing trading part, can complement T3B system together, to capture the moves along uptrends and downtrends.

In addition, AsiaCharts also have a Traders Hub for students to gather together and do day trading. Their after-course support is quite good, especially the 2 ladies, Lee Peng and Serene, who have been extremely helpful and patient with all the students.

Last but not least, CK himself is friendly, approachable and willing to share his trading experience and knowledge.

Update on T3B Trader

It has been a while since i started using T3B system to trade.

In theory, the strategies seems so simple and easy to apply. I did paper trading for over a month and profited from 6 winning trades and 4 losing trades.

But in reality, it is not so simple. Furthermore, the volatile market condition was also an important contributing factor.

I had 5 winning trades and 2 losing trades, but overall, i still end up negative, cos the stop loss of 1 loser wiped out all the small gains of the 5 winners.

Thus, in my opinion, T3B system is good for trending market but not sideways.

Nevertheless, I will be patient and wait for the trend to come, up or down.
The trend is my friend, until it bends.

Ready ... Get set ... Go

Over the past 2 days, Keane explained the concept, strategy and rules of the T3B system, together with plenty of examples on reading the charts. It really is KISS (Keep It Simple and Stupid), no need to complicate and confuse myself.

Trading is supposed to be easy and relaxing.

After digesting all this knowledge, I can fully appreciate the power of this tool. Now it is up to me to use it to my advantage, as the most powerful tool is still useless if I dun know how to make use of it.

No need to rush myself. Opportunities are always there, whether is bull, bear or rebound market. The system got all 3 covered. All I have to do is observe the charts, wait for the right signals and follow the rules.

Most important is to follow the rules, follow the rules and follow the rules.

I want to trade correctly, dun worry about winning or losing money. If I trade correctly, the money will follow. But if I keep thinking about how much to win, most likely, I will lose.