Thursday, May 17, 2018

OCBC - Shorting Intraday

OCBC is going to be XD soon and the chart looks ripe for a small short intraday because if it XD tomorrow, and if one is holding on to shorts, he/she would have to pay for the dividend charges and hence it's wise not to do silly stuff. I was pleased that my student knew what to do and did a quick scalp in OCBC for some small $$ intraday. Shorting OCBC in the morning and then covering the shorts back quick is a wise thing to do. With this market conditions, there are no trends and it's tough to even make some $. To profit from any trades is already a surplus. Looking forward to do more skills sharing sessions.

Ronald K - Market Psychologist - A Stock Market Opportunist