Some view of today’s rebound can be found in Traderswin stocks Trading Blog.
I am updating the chart of DMX tech. I posted this counter yesterday as a potential short sell candidate. Original posting can be found here. I am looking at first target 0.74, should downtrend continues. It is normal to expect some rebound tomorrow given today’s loss. And in fact, at the point of this posting, […]
Here is an interesting article by Robert Kiyosaki What Ails GM and America Here is another article of my favourite risk management guru Ryan Jones. 7 Seven Trading Sins and a Rat. An audio version of Ryan Jones’ article can be found on smarttrading as well. click on the link for full article.
It was nice to have a descending triangle price setup. Short position was taken. Position was established at 288 and closed at 286.1 as trailing stop was triggered. Gain 1.9.
There were few postings on Traderswin stocks trading blog targeting on shorting candidates over the past few days. From BeautyChina, HTL Intl to StatsChipac , Datacraft and DMX tech. With the negative market sentiment, these counters are currently moving our favour. I have quoted some rules for short selling from Leon Wilson, a outstanding Australian […]