Friday, April 3, 2020

3rd Apr 2020 - ZoooooM in for the BEST of the WORST case scenario.


Buy $
Sell $
Short $
Cover $
Stop Loss $
Profit / Losses

 $131.51
2nd Apr 2020



Profit 

Reason to Sell
  • Bloody hell! It gaps down below my stop limit before the market.
Lesson Learnt:
  • This is the kind of thing that you really don't want to see and experience.
  • Took out a very big chunk of my profit.
  • When a stock starts to rally, there will definitely be some bad news out there which tends to slash it prices down.
  • When the price went below the MA trend line, it should have served as a warning line already, but I was not nervous enough.
  • However, the support trend line is supposed to be a line in which I can top up my position.
  • However, you might still want to wait for the best price to get out. In this case, I actually get out from the best case out of the worst case.
Intraday Chart







Historical Chart




No comments:

Post a Comment