This blog is record of me in becoming a great trader in time to come. It also serve as constant reminder of the trading rules that I need to follow. Follow me on Facebook if you think this information can be useful to you!
My StoryI used to buy stock based on news and analyst’s recommendation, which usually end up in loses. I also used to monitor live stock price and buy into a stock when I see the price is running up (chase the stock - GREED) and sell the stock when it starts to come down (FEAR). The result? Every time after I buy, it come down, and every time after I sell, it goes up (I believed this is very common among us) I have then learnt that I NEED to AUTOMATE the trade (become end of day trader) to take out the emotion of FEAR and GREED. It works. I plan my strategy after the market close, automate my trading before market open, and let the market decide the outcome of my plan & strategy.
Automate your trade with E (Entry), S (Stop Loss) and P (Profit Target) Keyed in before market opens. Remember to use OCO, if Done, StopLimit order to protect your trade (Your Money).
Use StopLimit Order. Only buy when E was broken, and MUST sell when S is broken. Remember to shift your S accordingly (to protect your profit) when the stock price move
Today's potential Up trending stock (US)
Use StopLimit Order. Only buy when E was broken, and MUST sell when S is broken. Remember to shift your S accordingly (to protect your profit) when the stock price move
Today's potential Up trending stock (US)
| Counter | Symbols |
| Apple Inc | AAPL |
| Blackrock Inc | BLK |
| Dycom Industries Inc | DY |
| Alexion Pharma | ALXN |
| Cooper Cos | COO |
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