After having been stopped out twice in my Wilmar and Orchard Parade long positions, and now, in the process of being stopped out from my Ezion short position, I must admit that the current market is way too volatile to trade.
The only way to make money from it is if I could just stick long-term to one position, and for now, the trend favours the bulls. Therefore, the golden question is if I could get in with a good price. The pattern seems to suggest that I should get in only if prices are really low, and wait it out, no matter what.
Therefore, what I need to do for now, is nothing, except hope that I don't get stopped out from Ezion. I may need to get out of this one prematurely since it is not going down much further. Prices of shares have moved up somewhat, and I will therefore have to wait for them to come back down again before committing fresh funds to buy.
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