Thursday, 21 February 2013

SGXWINNER DAILY UPDATES

TODAY WE MONITOR THE MARKET AND WE FEEL THAT THE SENTIMENT IS TURNING BEARISH. THUS WE DID NOT MAKE ANY TRANSACTIONS.

WE ARE STILL HOLDING ON TO MIDAS THAT WE BOUGHT YESTERDAY.

WE WILL BE OBSERVING THE MARKET FOR THE NEXT COUPLE OF DAYS TO SEE HOW LONG THE DOWNSIDE FEAR PERSISTS.

IF DOWNSIDE IS COMING, WE WILL NOT HESITATE TO CUT LOST OUR POSITIONS AS STOP-LOSS IS A SKILL TO SAVE/PRESERVE CAPITAL.

TIP FOR THE DAY IS CAPITAL PRESERVATION IS OF PARAMOUNT IMPORTANCE.

No comments:

Post a Comment