How the Ex-Dividend Date Works?

What is the Ex-Div Date?

For purposes of receiving a dividend from a share of stock or a mutual fund there is only one thing you need to know:

You must buy the stock Before the Ex-Div date.

Why? Because the Ex-Div date is the day the stock begins trading 'EXcept the DIVidend'

On the ex-div date the stock virtually always opens lower by exactly the amount of the dividend.

This is because no-one who buys the stock that day can receive the dividend.

Ref: http://www.squidoo.com

Ascending Triangle forming on TA

Ascending triangle is forming on Trans-Asia Oil & Energy Development Corporation

Reminder -

1. Don't preempt the move
2. What are your entry rules? Confirmation signals?
3. What is your exit plan? Stop Loss?

Trading Your Beliefs

You don't trade particular stocks.

Instead, what is actually happening is that you are trading your belief - be it in a stock, an indicator or a tool

For instance, if you believe that the market is going-up or it will go up - your most likely action is buy. However, if you believe that a stock is overvalued and likely to go down - selling or standing aside will be your natural action.

If you believe that a particular indicator is more effective than another - you are likely to use that particular indicator.

What are your beliefs?

Investing is Visual ..

The chart tells the story of the share price movement.  In order to make money, we have to buy stocks which are rising.

So what is visual investing?

Visual investing is probably the simplest way to decide which stock to buy.   One way or another, we have been exposed to charts if we are into trading or investing in stock markets.

Take a look for yourself.  Are the prices rising or falling?

What was your first instinct?

 Ask a child what he or she thinks.

Anyway - "IF IN DOUBT - STAY OUT"

By the way, FLI did good today closing at 1.43 :)

FLI is looking good ...

Observations:

• Resistance established 1.5y ago has been breached
• Good volume
• OBV is going up

Welcome to SMART TRADING @ PHISIX

There are no magic formula in trading ...

no magic indicator ...

no need to seek the Holy Grail of Trading ...

because the Holy Grail is YOU!