David S.Y. Wong
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Article
Subscription Services for a Continuous Revenue Stream
As physical-world tangible products and services are being transitioned to the online world or as new online products and services are created in the digital world, the prevailing trend is to seek subscription service pricing as opposed to traditional pay-once pricing. The subscription model has better revenue yield due to the recurring nature of subscription charges. Consider the revenue yield of selling an eBook as compared to selling a subscription service through your mem
February 13, 2012
Article
Trading Research in Motion post Q1/2009
Research in Motion (RIMM on the Nasdaq and RIM on the TSX) had its latest earnings announcement on Thursday, April 2, 2009 after market close. Results were good, having exceeded analysts expectations, so excitement and optimism are back in the air. The stock gained 19% on Friday. On Wednesday and Thursday, the stock had up-candle days in anticipation of the earnings announcement. Since Tuesdayâs close, RIM has climbed from $54.49 to Fridayâs close of $72.80 for a 33% rise
April 4, 2009
Article
Paper Trading Preparation for Real Trading
There are a number of Web sites out there that allow the prospective stock market trader to learn about stock trading through simulated transactions. Whether through the use of such Web services or simply by a person tracking âpaperâ buy/sell actions, this activity is generally referred to as paper trading.nnI personally donât like paper trading platforms that are termed as âgamesâ as that sets the wrong tone at the onset. Stock trading is serious business and trade
March 28, 2009
Article
Comparing Day Trading with Other Trading Timeframes (March/2009)
From March 10 to March 26 of 2009, the market indices showed a tremendous climb. The S&P 500 was up 22%. The DOW was up 21%. The NASDAQ was up 19%. The S&P/TSX was up 17%. As of the March 27 close, the indices have retreated, likely due to profit taking to lock in gains after the rise in the past couple of weeks. This may be a pause, or it could be the beginning of a trend reversal. We do not yet know.nnI day traded 3 stocks on the TSX, employing long and short positions. I t
March 27, 2009
Article
Ranting on Stock Market Day Trading (March/2009)
With the month of March largely over, I want to describe my trading progression for the month. Near the beginning of the month, I read professional analysts saying it was time to sell as the market bottom has not been reached, with plenty of signs for continued stock market downturn. From an economic standpoint, some of that analysis had substance. From the candlestick technical analysis standpoint, I saw signs of a trend reversal. After all, the trend line is the life-line o
March 27, 2009
Article
IBM Acquisition of Sun Microsystems - Trading JAVA
With the doubling of the JAVA stock price on March 18, 2009 based on a Wall Street Journal report that IBM is bidding to buy Sun Microsystems, and with the StockTradersPlace sell action commentary on March 21, one open question is âShould the stock be shorted?â. Here is where other factors have to be considered beyond technical analysis. With speculation that other companies such as Hewlett-Packard (HPQ) and Cisco Systems (CSCO), among others, may want to buy Sun Microsys
March 22, 2009
Article
Paper Trading vs Real Trading
With nothing at stake, you can show that you are able to succeed in paper trading because the psychological element is largely held in check. Whatever trend following method and technical analysis indicators you are using, you are able to apply that without emotion. To the best of your preparation, you make a decision to enter a position. When you see your position is at a loss and is on the wrong side of the trend, you close the position. There is none of the psychological g
March 16, 2009
Article
Stock Market Day Trading Experiences
The markets, prior to this past week of March 9, 2009, being stagnant or drifting down, made me think about even shorter-term trading as in day-trading. The motivation was that I wanted to see profits sooner rather than later (i.e. tired of waiting). I went back to my strategy to nickel-and-dime the market, literally as you will see.nnWith the market trend showing upward movement since the beginning of the week, I knew I could rely on that underlying up-trend for my day-tradi
March 13, 2009
Article
Stock Market Pulse and Sentiment Q1/2009
With the general market down 50% and financials and housing down 80% over the past year and the market indices down at 12-year lows, there is market sentiment that we must be near the bottom.nnFrom a long-term investing perspective, this is a good time to buy in, although the entry into positions should be gradual to account for further price drops. Also, dollar-cost averaging (buying a fixed dollar amount at regular intervals) can be employed.nnNotable bear market players ar
March 10, 2009
Article
Seeking Penny Stock Picks, Finding Amusing Material
Sometimes, when I get tired with trading, I think about an easier way. Although I should know better that there is no magic formula for instant success (riches), I canât help myself browsing the web for ideas. It is always good to keep an open mind and refresh it with different approaches and ideas.nnI was thinking about penny stocks again, and why there is such an appeal. With the amount of information and offerings on penny stocks, I have to assume there is a big followin
March 8, 2009
Article
What to Look For in a Technical Analysis System
Do technical analysis methods work? Or perhaps more appropriately asked, how effective are technical analysis methods?nnFor those that simply believe that technical analysis does not work without having learned it, tried it and validated it, I submit they are missing an opportunity. For those that donât have the time or energy to do it because of lifestyle constraints (e.g. they work long hours at a stressful job), it is perfectly understandable that they bypass do-it-yours
March 7, 2009
Article
State Of The Economy And The Stock Market Outlook
As if the markets going down by 50% over the past year is not depressing enough, the forward looking view needs the markets to go up by 100% to get back to parity of a year ago. The leading question is, when will that happen? It's safe to say the markets won't double in the next year. Can it take 10 years for the markets to recover the past year's losses? An even more provocative thought is, will it ever get back to those levels?nnIf one were to remain in the stock markets fo
March 6, 2009
Websites & resources
SelfGrowth-published websites, downloads, and contributor profile websites connected to this expert.
Website
This1That1Whatever.com
This1That1Whatever.com covers a variety of topics organized across categories including the stock market, technology and money. Additionally, a blog and miscellany section are included for topics such as brain exercise and puzzles. The site is intended to enlighten, educate, and entertain.
November 18, 2010
Website
Stock Trading with StockTradersPlace
A âHow to Tradeâ companion guide for StockTradersPlace.com.rnEstablish trading methods and discipline.rnInclude technical analysis in your trading tools.rnExecute winning trades consistently for successful trading.
February 20, 2009
Website
StockTradersPlace
Trend following system for the trader to react to candlestick technical analysis indicators. Information presented through candlestick charting to allow the trader to examine the trend following method in order to understand how it works and how it can be applied to successfully achieve winning trades on a consistent basis.
February 9, 2009