Tuesday, July 22, 2014

Hang Seng - Covered Shorts At Hidden Buying with $700







What a close shave trading the HSI! Today I got my direction a little wrong but well I still managed to get out unscathed. So I shorted on the hidden selling and then covered on the hidden buying before the breakout we see now! At the hidden buying point, many would thought that it might breakdown further and decide to continue to hold. But for me, I am not so concerned about how much I make or what price I buy/sell. I am more into shorting at hidden selling and longing at hidden buying. If I can take care of these 2 skills, the rest will take care of itself. :)

Ronald K - Market Psychologist - The Big Speculator