Friday, November 16, 2018

DBS - Contra Trading, Profits Locked In

















We just finished a good trade in DBS today. We went long yesterday near bottom when the HSI reverse to +448 points where I thought STI would move 30 points but did not. In the night, the Dow crashed -300 points where I thought my analysis was wrong to only see that Dow reversed from -300 to +200 points last evening where the Singapore market doesn't move much. Longed DBS at 23.12-23.13 and sold this morning at 23.29, not impressive because the market can't move but better than not trying. Looking forward to the next trade together.

Ronald K - Market Psychologist - A Stock Market Opportunist