Blog and Rants

No comment. If you have followed the market recently, you should know. We are likely to see a rebound day, in fact, futures markets are in positive now. I am not sure if I am going to trade today. At least, I wanna see the dust to settle first. [photopress:TrendTable28Feb2007.PNG,full,alignleft]

To some people in Asia today seems to be a disaster. In this heavy selling day, I found a couple of interesting events. Here is the first one, I was watching a couple of stocks, and being kicked out by my trading platform. And now I found this annoucement. Slowness in SGX Live Prices 28 […]

When I wake up in the morning in Singapore, I see Straits Time Index dropped -157.74, the biggest one day loss I have ever seen since I started trading (It shows I am still young huh). and I see overnight NQ lost -87, YM lost -482. World stock markets plunged on Tuesday as fears about […]

Short position of NQ was established around 1116am. I did not expect too much out of this trade as we have a big gap down which took out yesterday’s low as well as last week’s low. Cash market has been losing more than -40 points. The real profit started from premarket , too bad, I […]

Michael Marcus mentioned some important rules in Market Wizards: Interviews with Top Traders. Perhaps the most important rule is to hold on to your winners and cut your losers. Both are equally important. If you don’t stay with your winners, you are not going to be able to pay the losers. You also have to […]

I am back to my trading desk. Here is the latest trend table. [photopress:TrendTable27Feb2007.PNG,full,alignleft]