Thursday, December 6, 2007

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.

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