Thursday, May 30, 2013

YHM - Double Top?



While most public watch double top, I don't. I watch for buying/selling, fake buying/fake selling, etc..Today YHM continues it's selldown. Is this selldown a flush or more selling to come? Only time can tell you the answer, but luckily for me, I did not chase at the breakout yesterday at 0.047/0.048. I learnt my lesson well and many times because of chasing, I paid the price. So the price paid back then was well paid as it sticks into my head NEVER buy on Breakouts!! I still believe that day when I unloaded was correct. When everyone is chasing, unload and when everyone is selling, load up.

http://stockmarketmindgames.blogspot.sg/2013/05/yhm-curated-18000-sgd-trade.html

http://stockmarketmindgames.blogspot.sg/2013/05/yhm-18000-sgd-profits-deposited.html

Ronald K - Market Psychologist - The Big Speculator