Thursday, August 27, 2020

Mapletree Log - Trend Continuous Flag

Today, done a trade on Mapletree Logistics Trust based on its trend continuous flag setup.

Trade details are as follows:

Order Type:            Buy
Symbol:                M44U
Name:                MAPLETREE LOG TR
Quantity:            3,000
Quantity Filled:        3,000
Quantity Left:            0
Settlement Mode:        Cash Upfront
Price Filled:            2.04
Time Filled:            27 AUG 2020 16:37

Transaction Value

SGD 6,120.00
SGD 10.00
SGD 1.99
SGD 0.46
SGD 0.87
SGD 13.32
SGD 6,133.32



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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