Friday, August 23, 2013

Trading Tips for the Day - 23 August 2013

FKLI will likely stage a small rebound today as there will likely be some bargain hunting after the carnage our stocks went throught the past few days.  For the first trade, one can attempt to Long 1-3 points below the opening price, try get 5-7 points profit and put a stop 5 points away from your entry point.  Close your position by the end of the day.

2 comments:

  1. Hello! Still remember me from Malaysian Derivative blog from last year at chit-chat-and-trade.blogspot.com?

    Its been a while as I was away for about a year plus from active blogging. I am now back trading full time and have shifted my blog to my main website at www.ultimatetradingforbeginners.com

    Keep up on what you are doing.. you are really consistent in what you do.. perhaps next time we can work together for a workshop or something lah...

    Take care and keep in touch!

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  2. Hey there..how have you been? Hope the market has been fruitful to you..:)

    Yea i think it's not a bad idea at all..we can try work something out one of these days to improve both our sites and what we are doing. Where are you based again?

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