alex,

how do you see current situation ?

djia drop so much yesterday nite, barely supporting/surviving 10,000.

if further drop will triggered fund manager to clear stock as many believe in the 'Sell in May & Go Away' .

Sold 1/3 of my holdings @ 98cts, is satisfied with the price although did not sell at $1.04 .

My strategy is to buy back this 33.3% at  91 cts & my average cost would be 60 cts. If price rise instead of falling, will sell another 1/3 @ $1.08 & buy back again at lower price.If up again, show hand...

Sure win case…..though I am not shorting but it is almost the same but with no deadline.

Alex

Yes u r absolutely correct. I am still learning and trying to be as discipline as it can be.

Thank you

You can.

Make every trade a lesson. If you make money, ask why you make money? If you make losses, ask why you make losses and how to avoid the same mistake in the future.

After sometime, you'll see the market like a road map.

You'll know exactly where to enter and where to exit.

Just remember, everyone trade differently, you have to find your own trading style.

I'm a mid-term trader, my trading strategy is different form short-term traders.

well said alex...i wan to be like you too.

hopefuly i can ...hehe

You want everyone to trade with emotion, but yourself.

90% of the market trades with emotion, 9% trade with strategy and 1% has inside information.

The 10% that trades with strategy makes 90% of the profit.

I trade with strategy, not emotion.

without emotion,market is just a flat line ...haha

alex, u trade without emotion?

If everyone is so 'patience', then , stock market cannot move liao. hahahah!

p/s - unless you can see those mystrious hands behind the line. 

iPunter      ( Date: 20-May-2010 12:30) Posted: If you have patience, even 75 is possible... But only possible, no guarantee...