Friday, December 14, 2012

Nam Cheong - Finally Turned?

Yesterday I was just blogging about my cutting loss on Nam Cheong. My buy price and sell price was 0.5 pip away.

"My hit rate has almost been 95% so far and my only loss is nam cheong just because of patience issue. The stock has not broken down or triggered any cut loss level yet. I just cut it to move on to some others. In fact, the stock still looks ok, just that it is very slow."

Today the stock finally starts to move with appearance in Top Volume. How coincidence was that? Why did  it start appearing when I mentioned it yesterday? Was it a conspiracy? Should I hit rate be 100% instead of 95%? I don't know. Whatever it is, congrats to those students who went longed if you are still holding onto it!

Ronald K - Market Psychologist - The Big Speculator