Punting Goes Haywire

===Ferrochina===
I have close my position for ferrochina locking a 5 bids profit. This is inevitably bad as it will give more temptations on the quick gains. And that was what has happened, now I have another open position deep in the red didn't manage to cut losses due to HOPE. Could have lock in some profits but I woke up late as i was on leave today.
Really have to stick to the screen and be very nimble...
Seems like JP Morgan dumping shares....

Will need to cut losses tomorrow or on monday.
Indicators on the charts is sucky and yet I entered into positions.

I am punished for not being discipline and not following my system again.

====Punting====

===News Revolving A Protrader====
Ok, this ultimate trader is now being charge for managing a fund without a proper license. In my opinion, I feel that he is a solid trader but his methods are to the extreme end which is not really suitable to me.

I had attended the session on his DIFF system thought by his student with Mentor. Personally i find the price is not worth the $$ as most of the time, they talk about market psychology where we can learnt through books.

===Punting===
During the weekend, I have analysed some charts and a few of them (FC, N**) are showing signs of reversal and thus I have set my mind to punt on one of them. This mentality emerged into my brain due to the my mentor successful punting in Noble last week. You may say that I am driven by greed once more but I am in a desperate situation...

Being confident with my analysis, I set to queue a few bids above the support and manages to get it in a short time. To me that is not surprising as I believe that contra players are out to close their position on the strong gap up and I am still optimisstic even when the price falls 3 bids below my purchase price...

However, things starts to turn sour in the late afternoon where the general market STI decline from the strong sentiment in the morning closing its gap up and my screen is a sea of red. This has inevitably worried me... I really wondered what went wrong.... I'm regretful of my actions once more...

How I can only pray the DJI give a fanastic results tml morning....