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.

© Forex Factory

Friday, June 13, 2008

Potential SG Market Trading List

Noble Group (NGLS.SG) - Double Top, short if close below 2.15.
NOL.SG - Double Top, neckline 3.45 , short near to neckline, cut loss at 3.56.
YZJ.SG - Potential double Top , neckline 0.89.
SPC.SG - Long at 6.50, cut loss at 6.37, First Target 6.75.
FerroChina - Friday closed below 1.26, bearish, next support 1.19. Monday need to be a white candle for it to turn bullish, 50% probability.

T3B Screen List :

IndoAgri - Watchlish, narrow BB.
RafflesMed - Long at 1.36, Target 1.45, cut loss 1.33.
StraitsAsia - Short at 4.00, Target 3.75, cut loss at 4.07




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