Delfi’s core markets are Indonesia – where it has a more than a 50% market share – and the Philippines, where it is a top 5 player with an estimated 10% market share.
While Delfi booked modest y-o-y earnings growth in 1Q2020, its numbers were significantly affected in April and May, when Indonesia and the Philippines imposed strict social distancing restrictions, says Cai.
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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