Monday, May 12, 2014

954 - Back from HK trip

Just recently came back from HK trip. It has been a long time since I travel overseas, and this trip was good. Ate good food, and just had fun with family.

In HK, I also read sometimes, while waiting for my mother to do her shopping. Recently I saw a post by some traders, that they highly recommended some books. One of them is Reminisce of a stock operator, and the other is trading in the zone. Reading from the forum, it made me feel that there are also many people that earns from trading, even though I don't have any friends that I know of.

I placed the below trade just now, following the logics I wrote in previous post.










I also added a limit, to take advantage of upward spike, and also no stop loss, to prevent getting slaughtered from a spike as well. I placed the limit just before the next resistance zone.


Recap on my current trading logic :

  • See the overall trend
  • If there a retracement?
  • Zoom into hourly candles
  • Place limits, but not stops

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