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.

Saturday, May 31, 2008

Potential SG Market Trading List

CapitalLand ** - Long if price closed above 6.60, Target 7.00, support at 6.25.
CapitalMall ***- Short if price closed below 3.28 , Cut loss at 3.45.
CityDiv ** - Long if price closed above 11.50, Targe 12.50, Cut loss at 11.24.
COSCO - Neutral.
DBSbank - Neutral.
F&N * - Long if price closed above 5.0, cut loss at 4.86.
GenInt ** - Short if intra day price out of BB by min 1 cents, target profit 1 cents.
HKL - Neutral.
Jardince ** - Long at price near to the cut loss price of 16.32 with good risk and Rewards ratio.
JSH - Neutral.
Kep Corp - Neutral.
Kep Land - key support at 5.25, long if MACD turn up.
Noble ** - Short if intra day price out of BB by min 10 cents, target profit 10 cents.
NOL ** - Short if intra day price out of BB by min 10 cents, target profit 10 cents.
OCBC - Neutral.
Olma ** - Short if intra day price out of BB by min 10 cents, target profit 10 cents.
SIA - Neutral.
Semb co - Neutral.
SemdM - Neutral.
SGX - Neutral.
SIA Eng - Neutral.
Singtel * - Long near to th cut loss price 3.69, Target 3.90.
SPH - Neutral.
ST Eng - Neutral.
UOB** - Long near to th cut loss price 19.85, Target 20.45.
Wilmar ** - Short if intra day price out of BB by min 15 cents, target profit 10 cents.
YZJ - Neutral.
Yanlord -Neutral.

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