Thursday, November 6, 2014

Capitaland - Lose Commission






If I can reprimand myself for one thing, that would be my lacked of patience. Today, I gave an outlook in the SMMG Club to all students on not to go long. While providing them the outlook, I was in search of stocks to short and I picked Capitaland today because the chart had some hidden selling for a potential fast quick buck. Indeed, I started shorting at 9:04am but due to lack of patience and some fear, I decided to cover my shorts at a commission loss. I broke even but Capitaland there after finally revealed it's true colors of breaking down! I was awe but I got to accept defeat due to my emotions. Better luck next time!

Ronald K - Market Psychologist - The Big Speculator