Sunday, December 6, 2009

Tipping Point

There's some counters at tipping point. Eg NOL, JAYA, MERMAID.

Market is a fickle place. The best time to sell often coincide with best time to buy. We have to be flexible and get out if price goes against us.


If we do our thing properly most of time will run and we just need to cutloss short let profit run. Know what kind of trade we are getting into and use the appropriate exit. No plan heart sure take over dunno how to sell when ripe. Know the conditions to sell before you buy.

This make good profits:
Swing trading entry -> swing trading exit
Position trading entry -> position trading exit

This not make profits:
Swing trading entry -> position trading exit

This make small profits:
Position trading entry -> swing trading exit