October 9, 2014
To reduce the chance to lost, you have to ensure that the price action, and indicators are congruent, aligned to your trading direction. It is easy to say then done. You must time it right to enter and exit the market. Enter the market when the price action has confirmed and exit the market when the market starts to turn against you.
Although there is a saying, cut lost fast and let the profit run. It means when you are wrong, exit right away but when you are right stay on.
Trading is just so simple, either buy or sell. The market can either go ups and come down, of course sideway too. But, why 95% of the trader making loses.
Singapore Stocks Benchmark, Straits Times Index, STI
Singapore Stocks Benchmark, STI, Straits Times Index, October 9, 2014
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Read other posting:
1) What is the next likely level might hold the “falling knife” – ST Index
2) Moving Average Convergence Divergence, MACD Scan 24 September 2014
3) After Great Recession! Moses’ Stock Analysis
4) No Pain No Gain, Moses’ Stock Column
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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