Wednesday, August 26, 2009

Market Reviews

Sorry a bit busy but recently make me look at the rules again.

1. Obey my cp, ep, tp, and not affected by how people should look at your end trades.
2. Obey ur pre-plan route
3. Do not be influenced by what surrounding says
4. Do not be late for opening
5. Do not anticipate the trend
6. Listen to the market

Blues are not moving, volume went to the pennies, not a healthy sign of the market. But not a good time to swing short but to fade extreme move at low volume.

Strategies current
1. As mentioned, fade extreme moves at low volume, failed breakout, failed breakdown on intraday
2. Scale down position size, widening the stops, minimise whipsaws.
3. Leverage 1:1 on any blues, play 20% on pennies run

bullish
K-reit
mapletreelog
parkwaylifereit
sgx
pac andes
all the china s chips
e-pure
Hi-P
oceanus

bearish
indo
sembmar
yes, not much shoortr


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