Another potentially good trade that just did not materialize. Observing that MACD is about to cut 0 and holding the green 50 day ma, my entry took place at 1.26.
It was not to be. During the recent correction, it went down to my cut loss area and i eventually got out at 1.16 for a -8.6% loss. Very bad trade, where i should have had a tighter cut loss target. Because of this i gave back alot of last month’s profits.
- Singaporeans Consistently Underestimate the Cost of Their Ideal Retirement Lifestyle (2022) - November 30, 2022
- Buying My Financial Security Part 1 – What Kind of Lifestyle Am I Buying - November 28, 2022
- Why the 3.9% Yield of the 24 Nov Singapore T-bill Auction Fell Short of Expectations. A Deep Data Dive. - November 25, 2022