Monday, May 04, 2020

STI - 04 May 2020

Despite the 60 points drop, STI still falls within the support line.  Overall sentiments not that great as Trump started to renew its trade tension with China.

Monthly:
High 29
Low 14



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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