The Journey of Learning

This was initially posted in Bizfun - written by myself. But I figured to immortalize it here :)

I am a wanderer. A wanderer hungry for knowledge.
At times, I stop by and share what I have learned.

I began play the stock market like most others - gamble via tips and news. Things didn't work out too well there. Burnt.

I began to invest then via Fundamental Analysis. Being an accountant, I have an advantage in FA - the ability to decipher numbers. I also immensed myself into the books and wisdom of the likes of Al Reis. Operations, logistics, and other parts of the organisation, I did not forget. I began to see how an organisation would succeed and fail. But things were not rosy. I began to feel dissatisfied with the long wait.

I started to learn TA. The first site I went was www.stockcharts.com. Read a few articles and have a go at Indicators. Played around with Metastock and test the indicators. Found that each counter has its own personality. Certain counters fit certain indicators well. Results were not satisfying - with stringent rules - signals were rarely generated. As each stock uses different indicator to signal, I resort to manually analyse 50-100 charts a day. I began to lose sleep and energy.

Then I began to assimilate the indicators into a single set of indicators - a template to be used for all charts. I also began to test exploration.Results were encouraging but something was missing.

I learned Patterns. Results were also encouraging but this was not the answer I was looking for. I, then, look to Elliott Wave to show me the light. Even in an uptrend, I could still make money from shorting the FKLI. I was pleased. Later, there was a fierce discussion with Mr Theng. He argues that EW may not be necessary to achieve the same result.

I look to the Candles for an answer. I ve always known the Candles but never placed it at such high importance. A thorough study was undertaken and I began to appreciate the value of the Candles. Results were never better before. Yet something was missing.

This baffled me for a long time without an answer. I know Candles, Patterns, Indicators, Elliott Wave. So what could be missing?

The categorisation was wrong. They were tools.
As Mr Theng said, All things come back to nature.
And the same time, Mr Ben of http://blisswise.blogspot.com commented that I look at indicators too much that I have forgotten the real action.
I pondered and pondered on these comments.

Price and volume - Mr Ben said.
Everything comes back to nature - Mr Theng said.
Then I thought they meant - Every method comes back to the same result.

Then I realised what they were trying to tell me is not new.
My problem was - Every indicator comes from Price and Volume.
Every method comes from Price and Volume.

I look to Richard Arms but couldn't find him.
Thanks to Mr Csong, I found Richard Arms.
Spending time with charts till 3 am the previous night convince me that there will be a correction.
Correction did happenned.Despite me not able to capitalise it this time, I am happy that I have learned.(If anyone was wondering, I was in a meeting.)
And thanks to chan9 for translating Mr Theng's message.
I finally got it.

Everything comes back to Nature.

Ren fa di, di fa tien, tien fa zhi ran