Earlier this afternoon about 1pm, I made a call in the SMMG Club about the weaknesses in GLP. A student of mine shorted 50 lots at 2.9 at 1.11pm as shown in the trade records. Now why didn't I make a call anytime between 9am-12:55pm but specifically around 1pm? Because the time was not ready yet for a huge fall. Now, I call this precision timing, shorting precisely at the correct area just nice before the breakdown.
At 2.50pm, she covered all her shorts at 2.83 and secured a handsome profit of $3500 SGD within 1hr 39mins. That's punting at it's best. No contra, no swing trade and everything ended within the very same day. Incredibly superb profit considered what your day job can offer you per hour!!
Ronald K - Market Psychologist - The Big Speculator
