Archive for February 27th, 2007
Tuesday, February 27th, 2007
When I wake up in the morning in Singapore, I see Straits Time Index dropped -157.74, the biggest one day loss I have ever seen since I started trading (It shows I am still young huh). and I see overnight NQ lost -87, YM lost -482.
World stock markets plunged on ...
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Tuesday, February 27th, 2007
Short position of NQ was established around 1116am. I did not expect too much out of this trade as we have a big gap down which took out yesterday's low as well as last week's low. Cash market has been losing more than -40 points. The real profit started from ...
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Tuesday, February 27th, 2007
Michael Marcus mentioned some important rules in Market Wizards: Interviews with Top Traders.
Perhaps the most important rule is to hold on to your winners and cut your losers. Both are equally important. If you don't stay with your winners, you are not going to be able to pay the losers.
You ...
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Tuesday, February 27th, 2007
I am back to my trading desk. Here is the latest trend table.
[photopress:TrendTable27Feb2007.PNG,full,alignleft]
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