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Wednesday, November 29, 2006

Cut and Run


Yes, cut and run, thats probably one tactic that would ensure one's survival in the wild jungle of stock market. Like i mentioned before, buying is easy, the difficult part is in the selling. Master the selling skills well, ensure losses kept at a minimum, ride on the profits and thats half of the battle won. There is however some ambiguity on when to cut. Generally 3 ways, first method is to cut on supp broken, second is to cut on certain preset percentage of losses relative to your capital to bear b4 cutting and lastly percentage of fall in prices relative to the current stock price. Although different situations would dictate which method u would choose, u may want to get comfortable with one method with which to depend on to protect your chips, your capital, in the casino..




NOL ~ Seapower! supp 1.98, target res 2.34






Semb Kimtrans ~ Logistic power! supp .59, target res .65






China Kangda ~ rock bottom, supp .50 , target res .56

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