Technical Analyst since 1979!
Author of the bestseller "The Joseph Cycle - Will the STI rise to 4300?"
Hi
I am Simon Sim, "Gurusim" and "Doctor" to my dealers and bosses at UBS (1985-1998). I
am the resident
Technical Analyst here, as well as webmaster, software designer, trading consultant, lecturer, Mentor on
Trading and Technical Analysis. I am also the author of the bestselling
book, titled - "The Joseph Cycle - Will the STI rise to 4300?"
printed in January 2004. In May 2005, I published my second book, a self-improvement category, titled
"Survival Rules and Habits - A Legacy for my Children". The book was translated into Vietnamese.
I am currently, working on my third book, this time a financial book titled "Rules of Trading and
Wisdom" which should be ready before the year end. I wrote, designed, layout, color, etc and
published all my books! 100% DIY.
My brush with Technical Analysis started in 1979
when the MAS launched the Gold Bullion industry. I decided to be a pioneer and joined the new
industry, giving up the recession-hit shipbuilding business.
I started my apprenticeship at Sin Huat Bullion and learnt a handful
of old trading tricks from the maestros of rubber trading industry who were also licensed gold
exchange operators.
It was a booming business then; gold shot up from U$250 an ounce to
$950 an ounce, narrowly missing the psycholgical $1000 mark. I participated in this mega bull
run, rode the collapse and meltdown, and learnt the easy and hard way to survive. In 1980 I
began studying the STI and watched the many booms and busts.
God's blessings, Union Bank of Switzerland had a new CEO in 1985. The
first thing he did was to immediately employ a Technical Analyst. He was a forward looking
CEO and understand the critical importance of a good Technical Analyst and the added value
of Technical Analysis in the support of his dealers. I ended up serving UBS from
1985 till the merger with SBC in January of 1998; and served my last day on 31st July
1998. It was the most memorable heyday of my professional Technical Analyst
career. I called the US$ top, the US interest rate top, the Australian $ top, and many
many major tops and bottoms.
As a fulltime Technical Analyst, the world was my markets:
currencies, stocks, interest rates, commodities, spreads, swaps etc; and all the dealers
and clients were my customers. I conducted training courses for
them, held private tutorial/consultation clinic for dealers in bad patch, gave seminars
to clients from central banks, training of dealers etc.
The merger came with a golden handshake and as my philosophy
goes: Never refuse a windfall. I left the bank and decided to spend 2 years re-writing
and completing my "Technical Analysis Software".
But too bad. When I finished the task, Nasdaq and the world went into a tailspin from
March 2000 till now.
In July 2001, I decided to set up a website offering electronic
chartbook using my software. To save cost, I became my own webmaster. In
November of 2001, EChartbook came to life!
You will ask: Why Echartbook? Internet offers an individual
the cheapest means of setting up a business. Printing is costly and limited. So I
decided to publish my charts on the web. From that idea, EChartbook was born. Then
we expanded the web to include trading ideas, education and training, history and
archive; all sort of information that will benefit a stock investor. I came from
the bank and realized the average investor's disadvantage. So one of my mission
is "To level the playing field for all investors."
Technical Analysis is now an important part
and parcel of forecasting and an important tool for traders and speculators.
With the advent of mathematical models and mechanical/artificial intelligence, Technical
Analysis is becoming part art and part science. Today, it is impossible to understand
the market if the trader does not include Technical Analysis into the price equation.
In fact, the volume of trading based on pure Technical Analysis is beyond imagination.
EChartbook provides pure and advanced technical analysis information in an easy to
understand format.
Simon Sim
CEO/Webmaster/Systems/Consultant/Author
Technical Analyst since 1979
Short Biography:
- 1969 Completed SC at Tiong Bahru Sec Sch
- 1971 Completed HSC at Victoria School
- 1974 Completed NS
- 1977 Graduated from Singapore University with BBA
- 1978 Join shipbuilding industry
- 1979 Join Gold Bullion Industry and began an affair with Technical Analysis
- 1980 Gold, Stock and Rates Bubble
- 1983 Join Summa Investments as analyst/customer dealer
- 1985 Join UBS as fulltime Technical Analyst on 1st February. U$ Bubble
- 1990 Promoted to Head of Technical Analysis
- 1993 Stock Bubble
- 1996 Baht Crisis
- 1997 Asian Crisis
- 1998 Merger of SBC and UBS. Left the bank on 31st August
- 2000 Completed proprietary TA software. Nasdaq Bubble
- 2001 Started EChartbook. WTC Crisis
- 2002 Enron-AA Crisis
- 2003 Embarked on The Joseph Cycle book. Bird-flu Crisis
- 2004 January - Launch of Joseph Cycle book
- 2004 February - Initiated Mentor training on request
- 2004 April - Setup Simon Sim Advisory Research Pte Ltd. Asian Tsunami
- 2005 May - Completed second book Survival Rules and Habits
- 2005 October - Started Forex TA training
- 2005 November - Started Equity TA training
- 2006 January - Launch Charting Applet
- 2006 October - Completed 15 batches of Forex and Equity
- 2007 Launching third book Rules of Trading
- 2008 Reach CPF withdrawal age 55! Beijing Olympic
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Lecturers:
- Simon Sim BBA
- Tng Yong Chuang BBA
- Tang Wek Soon MBA
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Corporate Clients:
- GE
- GKGoh
- NUS
- Singapore Poly
- Ngee Ann Poly
- SMS
- Semblog
- SIM
- SIAS
- SMU
- SIAS
- NACLI
- HSBC
- SGX
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