Tuesday, May 18, 2021

CapLand IntCom Trust - Sign of Strength So Strong

Today, STI up by 62.94.  

Thought I could slowly accumulate stocks that showing sign of strength but The Market say no and rebounded Fast and Furious.

That is why when it hit the support line, we need to take the guts and buy some first.  You will never know what the market decision is going to be the next day.


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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