Example : many retailers love DUFU ... from the penny to RM1.50 level plus ... fantastic uptrend ... BUY the trend is OVER, I alerted all in my group to exit if it break RM1.27 level ... as some of them might still holding to it. Today ... it hit RM1.10, what a selldown.

Well ... going into 2018, we shall see MORE selldowns ...and I would be very busy showing waterfalls and trying to have more e-meetin ... on CUT LOSS. It is necessary to SELL.


Masteel : It gap up ... I sold on the day it gap up(1.50 level) ... it formed a shooting-star, and STILL went up higher the next day. We have to let it go once it satisfied out trading profit, and alerted all to sell when it started to break RM1.50 days later ... today, at 1.34 ... going back to my entry level soon.

No take profit during shooting-star showing greedy-ness ... those BOUGHT INTO GAP UP,  market is NOT for you. Learn simple technical (no need to pay thousands for those trading-courses or software ... get real) ... from some books or articles ... or join my trading group to ASK questions live ... I'd show all my trades live, ya.

It is not difficult to learn basic technical-analysis ... but we need BRAIN. Brain to be logical and undertsand that charting is just a tool. DO NOT complicate things with many lines, indicators ... crazy waves or retracements lines. Take it from me ... I was there. Haha.

Trading is about MINDSET ... and EXPERIENCES.

Nothing to do with those waves or crossovers that they SOLD to you (you need to come for my "Trading Myth" talk ... haha) ... trading is about PLANNING our trades and calculate our RISK.

Selling is the MOST difficult task .... without knowledge, experience or planning ... we cannot survive such volatile markets.

SELLING is a skill ... sellin WITHOUT emotion is greatest experience a good trader should learn. I m still in my learning curve ... to be a good trader.

Well ... I have to go again.

Will create a new facebook-page for all to 'follow' or 'learn'.

TEH