One of the worst things to do in trading, is to have a plan, only to break it the very next day. This was what happened with Yangzijiang, where I chickened out at 0.895, for a loss of $160. Could not bear to wait.
The mistake in Yangzijiang (actually should not have entered as China looks shaky), coupled with the premature exit in SGX made for two wrongs. I have been too trigger happy lately. Time to exercise self-restraint.
Sunday, August 2, 2009
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