Ads

Tuesday, May 24, 2005

Restrategize!

Long time since I post anything. The market was terrible. I should not have traded in a downtrend. Rebound games are dangerous. It is not worth the risk. After 5 consecutive losses, I withdrew and reread all those trading techniques that I have learn. Ya, sometimes we need to remind ourselves about the basic principal of trading. Emotional trades will just destroy our capital, crippling our "army" to wage new battle.

Now I'm using the 1-2-3 method. The first candidate that fulfilled this condition is Nscom. Let's see what will happen.

KLSE is still in bear mode. No bull confirmed yet.