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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Wednesday, January 26, 2011

Trading EQ

From my view, trading was a EQ game. Which you will lost your mind/control if you losing a lot money. Skill only one part of you trading strategy. Try to master and control you EQ if you want to be a successful trader. It was a key to let you step forward to the victory.
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Monday, January 10, 2011

FKLI - 10 Jan 2011



Now i'm more prefer PA rather than just following the trend due to trend not always be correct.

Short: 1565
SL(stop lost) : 1571
TP( take Profit): keep open
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