STI ETF - 29 Jan 2021

STI ETF estimate point of correction.  If it breaks 2.82, the bears wins the battle.  Do remember that the STI is now more expensive as compare to 10 months ago.  Smart monies always sell high buys low when the opportunities arises.  It make sense to trim down your stocks as the STI rise higher.

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.