Friday, February 26, 2021

FTSE ST Tech - Tech Stocks Sell Down

FTSE ST Technology Index went down due to the yield curve rise fear as it will cause interest rate to rise.  Interest rate rise will increase business borrowing cost which impact business expansion.


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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