Monday, July 2, 2012

Capitaland - A Small Little Profit


Today marks the day CityIndex raised it's commission from $10 to 0.08%. With that in place, my lot size starts to decrease. Well I am still trying to get use to the new commission thingy because I am too used to probing and enter big lots with $10 commission.

This morning I said that I would not be longing and so thereafter within a few minutes, I shorted Capitaland to test my analysis. It came down and I went to took profits. Although it is only 1 pip, but I did what I preached and that was to short. I will decide my course of action later as I will be busy handling some matters today.

Stephanie, thanks for informing the US holiday thingy! I appreciate it.

Ronald K - Market Psychologist - The Big Speculator