Tuesday, January 7, 2014

SembCorp - Down 8 pips!

This morning I wasn't so into stocks as my inner subconscious mind tells me to whack the HSI index. However in the SMMG Club, I was replying messages one by one. I saw one of the students asking a view if SembCorp can be shorted and my answer was not bad. In a fraction of a second, one of the student shorted at 5.49/5.55 which was the day high and immediately, it tanked to a low of 5.42. 8 pips quick profits in his pocket! The confidence came when I saw a fake breakout created by the BBs and thereafter, the stock gap down and tanked!! While I continue to make $$ from indices, I will still support my students in the stock market. Congrats!

Ronald K - Market Psychologist - The Big Speculator