Monday, December 28, 2009

Pan Hong is not a fruitful trade - don't forget the opportunity cost

For the short trade on Pan Hong, I am shorting way before the trend tells me too, it mayb take a long time before the trend can materialise in my desired direction. Meanwhile, it also means I will be missing a lot of set-ups along the way. Therefore, I have made the decision to exit the meaningless trade for a $60 loss. I shall not pre-empt trades in future.

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