Success In Trading

Success in trading is all about consistency and to achieve that we must follow the golden rules.

These are:

1 Only take the best opportunities.

2 Always minimize risk. Taking only low risk
opportunities is part of this.

3 Use good Money Management.

4 Have the discipline to follow these rules, especially the first one. It is all too easy to get over-confident and take anything you see. You soon lose your shirt that way. “Only the best is good enough for our trading!is a good motto to follow.
You can’t learn how to do it without doing it.

Wednesday, April 30, 2008

Potential SG Market Trading List

  • ChinaXLX, - Position Trade Stop loss at 0.785.Short term swing trade stop loss at 0.87.
  • SinoTechF - Positioin Trade Stop loss at 0.70. Short term swing trade stop loss at 0.775.
  • ChinaAE - Position Trade stop loss at 0.22.
  • Yangzijiang - Position Trade stop loss at 0.95.
Blogged with the Flock Browser

Tuesday, April 29, 2008

FX Trade


5 Min active wave trade.

Monday, April 28, 2008

Fx Trade

5min Momo trade . Profit

Saturday, April 26, 2008

Potential SG Market Trading List

  • C&G IND - Breakout at 0.335, stop loss at 0.30.First Target 0.38, second Target 0.45. ( NAV 0.322)
  • China Sky - Breakout at 1.255, stop loss at 1.13, First Target 1.35, second Target 1.50.( NAV 0.656)
  • China Sun - Breakout at 0.355, stop loss at 0.32, First Target 0.40, second target 0.45. (NAV 0.366)
  • China Auto Elec - Breakout at 0.275, stop loss at 0.24, First Target 0.30, second Target 0.365 (NAV 0.238 )
  • China Energy - Breakout at 0.63 , stop loss at 0.50. Target 0.90.





Blogged with the Flock Browser

Friday, April 25, 2008

FX Trade

Thursday, April 24, 2008

FX Trade


Executed one day trade.

FX Trade

Executed 2 scalp trade today.

All intraday trading’s other distinctive features can be defined as passive, because they basically have a negative character. Intraday trading on FOREX differs by high risk, high labor input, long working days, work under constant stress, and chronic weariness. The specific conditions of intraday trading require a speculator’s fast reaction, absolute discipline, calmness, and endless patience. However, the real key to success is an effective and reliable trading technique specially created for this type of trading, which would allows a trader to make optimal decisions under the
constraints of limited time and market space.

Wednesday, April 23, 2008

FX Trade

Executed 1 scalp trade today, profit 7 pip

Tuesday, April 22, 2008

FX Trade

Executed 4 scalp trade today, two winning trade profit 4 pip, two losing trade loss 12 pip.
Lesson learn , can not trade if BB in narrow range .

Monday, April 21, 2008

FX Trade


Excuted 2 scalp trade - total profit 4 pip ( Should target min 5 pip per trade )

Saturday, April 19, 2008

FX Trade


Long AUDSGD at 1.2660 ( Based on MACD combo )
Stop loss at 1.2599
Raise stop loss to 1.2680 to protect profit on next day.

Potential SG Market Trading List

Asia Environment - breakout - 0.61, key support at low 0.445
AusGroup - breakout - 1.10,Low 0.59.
Biosensors - strong support at 0.64, trading in range.
BeautyChina - breakout - 0.82.
*China Farm - Breakout - 0.475
* China Essence - Breakout 0.715, first break 0.67, key support 0.6
* China Kangda - breakout 0.31.
* China milk - breakout 0.75
*FiberChem - breakout 0.815, support 0.70
*China XLX - breakout 0.85
China Fish - MACD, low 1.3.