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Sakari
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oldflyingfox
Master |
22-Aug-2012 15:54
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That was quick, it is now 1.47 after hitting 1.41 low today. | ||||
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Sgshares
Elite |
22-Aug-2012 15:43
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moving up again | ||||
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wanglausern
Senior |
22-Aug-2012 12:08
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Ok lah....no fish, prawn also can lah.
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cashiertan
Elite |
22-Aug-2012 01:09
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no need to see so far down. 1.42 and 1.37 is a strong support. | ||||
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iPunter
Supreme |
21-Aug-2012 22:29
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Probably 1.26 may be a good price to buy... say, in 1 month's time... But no one can predict... 
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wanglausern
Senior |
21-Aug-2012 22:01
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1.16
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alexloh
Member |
21-Aug-2012 21:34
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Any idea wad price does Sakari may fall to before it stabilise??? |
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chartreader
Senior |
21-Aug-2012 13:40
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1.455 cleared ... | ||||
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chartreader
Senior |
21-Aug-2012 09:53
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Ouch, Sakari hit 1.455 already ... but I think it's still have some room to go down before buying resume. | ||||
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iPunter
Supreme |
18-Aug-2012 10:50
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Yes... both sifus are right... If one's entry point is a duly studied one, one can immediately tell that things are not well by what happens the moment after we enter a trade. So thus, the exit decision is the easiest thing for an experienced trader to do...
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cashiertan
Elite |
18-Aug-2012 10:25
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it is not really anything, this trading sense is acquired from trading for years. sadly i noticed not everyone can acquired this trading sense even trading for years or decades, however some have this trading sense every fast. it is talent i will say. for me, my talent is just average or below compared to many successful traders. it is also this sense that allows some traders to cut lost faster and squeeze more from trades. However, it is already profitable if one without " trading sense" trade according to proven trading strategies. as such, out of 5 trades thou usually i make 2-3 losing trades but my trading account still grew every 5 trades etc. |
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chartreader
Senior |
17-Aug-2012 16:45
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good move. from my experience, entry price is very important. once we enter at the wrong price, the trade we have is as good as a losing trade already.
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cashiertan
Elite |
17-Aug-2012 16:22
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This counter i already cut my position yesterday when i sense it is not going well. My strategy is not really swing trade btw |
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chartreader
Senior |
16-Aug-2012 18:08
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Your entry price is at the high side if your intention is for a swing trade, which will make you vulnerable to a shake out when the stock operator run this down. Though nobody can't say for sure, my guestimate based on chart is it can revisit support area around 1.2x if market becomes very bearish after the recent rally, before moving higher. Can you stomach a 20% swing? I'm planning to enter for a swing if I see support confirmation ard 1.2x.
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oldflyingfox
Master |
16-Aug-2012 17:51
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You may consider to cut lost and get back when it is lower or just simply stay on. I believe after some minor correction, it will resume the rebound toward 1.9. It depends which is more comfortable with you. To share my own experience, I went in @1.36 in June but did not took profit when it hit 1.5 and has to cut lost at 1.3. But luckly, I brought back @1.25 beliving it will resume the rebound. When it started to fall on Monday, this time round, I manage to lock in the profit @1.465 (almost the day lowest) after learning from the previous trading. This counter will be a good for sharping your trading skill during this period. Good Luck. |
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cashiertan
Elite |
16-Aug-2012 16:35
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i made a fundemental mistake of not checking for volume before entry for this counter. i assumed the volume is good like other counters i entered. market will punish fast and furious. |
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oldflyingfox
Master |
16-Aug-2012 11:50
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I'm still waiting for the volumn to return, good luck! | ||||
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cashiertan
Elite |
16-Aug-2012 09:41
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entered some position at 1.52. | ||||
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spicy88
Senior |
15-Aug-2012 00:10
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For newbie first lesson to learn is "Do Not Chase".... Buy low sell high
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s100125
Senior |
14-Aug-2012 17:36
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Been going up for some time. BBs will try to unload for profit. Good to lock in profit and wait for the next retreat.
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