Wednesday, August 05, 2020

Sheng Siong - Ride The Ah Siong Trend

Sheng Siong trend still moving slowly up.

Someone ask, if I join the trend now and it suddenly bend how huh?

Sorry hor, nobody knows when an uptrend will bend, what can we do is diversified and invest in numerous trending stocks in different sector.  The main key to trend following is risk management and don't put all your eggs into a single basket.



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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