April 10th, 2013, I longed Magnus at 0.0464 for 1000 lots. April 11th, I offloaded everything at 0.048. It was a fast punt or I would have suffered big reactions!
http://stockmarketmindgames.blogspot.sg/2013/04/magnus-gunning-precision-unloading.html
Today those buyers who were trapped at that breakout on April 11th 2013 were liquidating which caused the price to drop further to 0.043/0.044.
http://stockmarketmindgames.blogspot.sg/2013/04/magnus-buyers-trapped.html
Sometimes the market is devious. One would need to identify and understand how to watch for fake breakouts in order to avoid amputation by the BBs. When fake breakout happens, it would not be very obvious to the naked eye, however it is obvious that the public will look to long because of rising prices. I will talk and share more about it during the preview this coming Thursday. Be there or regret!!
18th April 2013, Time: 7.00pm to 8.30pm
Venue: City Index Asia Pte Ltd
6 Battery Road
#20-01
Singapore 049909
(Next to Raffles Place MRT Station)
Contact Gill at manveer.gill@cityindexasia.com with the following details.
Subject: Attending Ronald K "The Stock Operation Preview"
Contents: Name, e-mail address and mobile number.
Ronald K - Market Psychologist - The Big Speculator
