Thursday, September 10, 2020

Wilmar - Further Down It Goes

On 20 August 2020 wrote that Wilmar gap down signal a change of trend by the market maker.

https://sgstocklink.blogspot.com/2020/08/wilmar-power-gap-down-today.html

Indeed today, it went down further towards the next support at 4.10.  Always pay attention to the smart monies direction.  Never go against them.



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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