Blog and Rants

Blog and Rants. Read at  your own risk... :D

 

Re: Long: SIMSCI 26-May-2006

This 12-min chart of SIMSCI closed. It appeared to be a mistake by moving stop loss to break even too early. SIMSCI had a nice swing today indeed. Initial stop loss of 291 was not violated at all. And planned target was reached at the last 12-min of trading. It happens in trading. Missing profit. […]

Long: SIMSCI 26-May-2006

With both HangSeng and Nikkei stays around 200 point gain. I am interested in looking for Long SIMSCI at 292 level. Initial stop loss is set at 290.9 Chart will be posted after position is established.

Re:Short : DMX Tech 25-May-2006

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, […]

Thursday Morning Reading.

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.