Posted by albukhary > 2015-05-31 10:53 | Report Abuse

Plan the trade, and trade the plan is the most difficult action.

Example:-
Last year I bought WINTONI at 7 sen, because Ter Por Yee is collecting.
My plan is to continue collect WINTONI within 6-7 sen, and once it hit 9.5sen, I will sell.

After few weeks, it really hit 9.5sen, I look at the volume and trend, and I told myself it can go higher, so I change my target price and queue at 11sen.

Few days later, it slowly drop from 9.5sen, 9sen, 8.5, 8 sen and back to 7sen.

Then some bad news come out, it drop to 6 sen.

From this lesson, i told myself, I must strictly follow my plan, I shouldn't revised the target price.

Few months later, WINTONI move again. This round, I queue sell at 9.5sen (50%), then balance at 11.5sen.

Within 2 day, all matched. Then WINTONI continue to surge up to 40sen.

So, you tell me, how to plan the trade, and trade the plan.