Asian Business Issues - Rants & Raves, Illusions & Collusions etc.
I have faith in FA & believe in following trends. But, i trust fengshui over gut feeling anytime!
It's time to sell
These last few months I have been out of the FX markets,and have missed some big moves on the greenback's rally.I have been stuck and sweating it out on our losing S&P trades which will eat up 80% of my this year's trading profits.My plan was if stopped out to take the rest of the year off and enjoy my remaining 20% on satay and kopi O.Because if losing back almost my hard earned money and continue trading is the fastest way to the poor house.Twice this month the market came within 10 pts of my stops.Twice the bears mauled up the bulls as the market came close to 1990(stops at 1998).Maybe the trading gods are on our side.Hopefully after trading ends tomorrow,our trades will be in the money.Have a nice and wonderful weekend, boys and gals.
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