Saturday, May 17, 2014

924 - just some thoughts on stock trading & business


Stock market
  1. Is it a bull or bear market? (look at chart of overall market, using S&P or ST index) 
  2. go for blue chips
  3. go for those currently on a retracement (or go for those that have not yet catch up with the trend yet)
Business

My business stopped, as my supplier is not able to produce up to my standard. I was thinking of giving up, and maybe focus on my career and trading. But I thought, if there is some ways I can contribute to mankind, by giving something to the world I felt is missing, it is immoral not to do anything about it or give up on it easily. So just now, I seek out another vendor again and will repeat the process. I should not stop at a small problem. And I also always remember why I wanted to start a business in the first place. 

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