Trading Strategy

1. Draw a trend line: daily chart to determine the trend whether is uptrend or downtrend (Draw from bottom to bottom or vice verse) and also a horizontal line to watch out a breakout(This strategy like reflexivity from George Soros).
2. Please do remember to lock your PROFIT before you get lose. Always follow the rule & discipline.
3. Money management is the most important for double or triple up your profit.
4. Don't get lost emotion while you in losing or winning. Must always remember where are you and what should you do in this situation. Let the profit keep running or cut lost.

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Thursday, November 6, 2008

04Nov08

Well, i bought lionind at 0.805 and 0.79. after that it drop to 0.76 closed.

Calculation for loss if drop back to 0.50 ->0.815-0.5= 0.315

0.315/0.5= - 63%

if drop to 0.3 mean will loss = -100%.

Okay.

Indicator while bought is:
MacD: crossover
Stoch: more than 50%

Noted.
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