Capitaland

Posted On 5:29 AM by Ng Leong Yee |



LONG


Entry Date: 06 Aug 09
Bought at $3.86

Exit Date: 13 Oct 09
Sold at $3.97

Trade ROI: +2.85%
Overall ROI: +147.86%

Why I trade?

  1. 20MA and 50MA supported
  2. Stochastic Oversold

Takeaway:
I entered while the market are trending in sideway. If you have noticed, I have breached my cut loss level because I re-planned my trade and set a new stop loss level using the classical support level. Furthermore, I am holding on to only one position which gave me the extra holding power.

Try to avoid sideway market because of the time frame.

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