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Thursday, January 18, 2007 |
Trading Systems |
Decided to try on selling on reversal instead of stopper. Since I wont be monitoring it everyday (at least, I try not to), its better to go longer at reversals. Sure, profits will be slashed, as trend reversal realization signals are only realised after the trend has taken place. However, I wont cutting my profits too early.
Stocks like Synear and CoscoCorp are mistakes. Buying on overbought momentum, Selling when there are no reversals taking place. Well, as time passes, my trading system is finally taking shape. Now lets just hope it can withstand the test of time |
posted by Nenix @ 9:42 AM |
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NenixDreams Fund |
Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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