Japanese
Stock Trader

Seeing is believing: Real case with real people

My teaching lesson with stock trader Sato:
He is a licensed stock broker with MBA degree. He moved from NY to
Los Angeles. He is a good student. He can learn my mechanical
system and will be successful.


Tuesday, May 10, 2005
I gave a private lesson to Mr. Sato Yesterday afternoon. He was short
selling CYT in the morning and got out too early.  Instead of making
good profit, he lost money.
I went through an extensive explanation based on what I teach on
short selling.

Today, I post FOSL for short candidate. I was coaching Mr. Sato with
Yahoo instant messenger.

Here is the IM:
traderhuang (10:37:21 AM): one more, FOSL is breaking new low
Sato (10:37:51 AM): wow.... FOSL on chart is difficult to figure out.
traderhuang (10:38:30 AM): we only watch the chart and act
accordingly
Sato (11:18:12 AM): Master

Sold short 1000 shares on FOSL around that time 10:37 am and
bought back to cover before market closed, profit was over $1000.

Go to your charts and check CYT and FOSL for yesterday and today.
A good lesson to learn.
_____________________________________________

His mistake was over trade. I am coaching him to correct that.

From: sato
To: TraderHuang@gmail.com
Subject: RE: short sell> Yes you mentioned during the trading session.
Date: Tue, 10 May 2005 17:28:55 -060
Dear  Master Huang,

I appreciate your kindness and instructions. I am truly convinced of
your mastery of trading as well as one of a person. I already saw your
personality for both trading and life. I hope I can try to be like you.

As for the FOSL, I wanted to get in short, however, I checked your
sample charts (short sell charts) and tried to apply to today's FOSL.
As you mentioned, it was truly profitable trade.
I hope I can do even though you don't tell me. That's my ULTINATE
and only goal for trading.
Please trust me, some day in the near future, you will tell me "Oh you
learned it!" to me. Hahahahaha

Thank you so much.  
Sato

_________________________________________

From: sato
To: TraderHuang@gmail.com
Subject: Seeing is believing! From Sato
Date: Tue, 10 May 2005 09:31:47 -0600
Dear  Mr. Huang,

Thank you for your knowledge yesterday. As you suggested, I
watched what you did on training lesson this morning. I can't believe it.
That's amazing to me.
As following your methods, I don't use any emotions nor guess work.

Thank you and talk to you soon....
Sato
____________________________________________

From: sato
To: traderhuang@yahoo.com
Subject: My name is xxx Sato, a Japanese stock trader in LA.
Date: Fri, 06 May 2005 18:15:44 -0600
Hello Mr. Huang,

It is nice to know that you are providing your stock trading services.

By the way, I am trading stocks in Los Angeles area through a trading
firm. At the same time, I got to know about Ms. Keiko Azetsu who took
and learned your stock trading lesson. She greatly recommended me
your trading system.
She mentioned about your mechanical trading system that works well
and I would like to know more about your private lesson.

I am VERY SERIOUS trader (full time trader with series 7) who is
suspecious about MY WAY of TRADING. It is very inconsistent which is
the most serious issue to overcome.

In order to receive your opinions, I would like to mention about myself.

1. I joined trading firm and have buying power $xxx for day trading.
2. I am interested in day trading
3. I think I have some basic knowledge about charts such as MA,
MACD, RSI, volume indicators, etc.
4. Have some knowledge about technical analysis (double top/bottom,
consolidation, VWAP, volatility, etc.)
5. I am very serious about what I do and what I can learn from stock
trading and I have a PASSION to be successful.
6. I wake up at 4:30AM every morning and check market news
(earnings, major business news, oversea market info, etc...) > which I
love to do these finance.
7. I set up my computer and hook up to my firm's server to trade, so I
have a real time charts and quotes.
8. I love trading all day, watching computer screen and listen to CNBC
and sqwark box.

Anyway, I love trading and desire, passion.

I could feel your professionalism in your website and hope I can hear
from you.

Could you tell me what to do? How much does it cost? What should I
do in order to be successful after your lesson?
I know you have stock pick services, however, will I be able to pick my
own stock to trade by using your system?

Could you tell me? I put my contact information.  
Phone: xxxx
Living: Downtown Los Angeles

Sato
Disclaimer
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Stock Trader Sato
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Playing
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