Had to take a loss in DBS as the market turned south just when I thought hit a temporary demand zone even though the Dow Jones had a almost 500 points reversal last Friday. Longed 10 lots last Friday and had to cut loss since the stock look bleak now even with the CD. The market looks weak while STI looks like it might come down further and as much as DBS was about to turn up last week, once again, it's the trump tariffs and decisions which killed the market/stocks and luckily I got everyone to take a small loss on last Friday. Have to stay out and watch closely for now first. Not so simple to trade now as one thinks. Scalping and short term trading is the way to go during this extreme volatile market.
https://www.cnbc.com/2019/05/13/us-markets-react-to-china-trade-war-news-and-more.html
Ronald K -
Market Psychologist -
A Stock Market Opportunist
