Monday, August 12, 2013

Capitaland - The Top Unloading



Before I spoke at the Invest Fair, I remembered I gave a seminar to all my students, telling them about strategy and the trading plan for stocks.
http://stockmarketmindgames.blogspot.sg/2013/08/market-outlook-seminar-by-ronald-k.html

Of course I unloaded Capitaland myself that day on a Thursday, August 1st 2013, and I specifically told all my students that although I unloaded, the stock still looks good and most of them hang on instead of following me to unload that day.
http://stockmarketmindgames.blogspot.sg/2013/08/sti-flush-to-profit-from-capitaland.html

The next day Friday, August 2nd 2013, I believe most of my students unloaded Capitaland right at the top to secure their profits as that day was a pretty good day to unload due to it's gap up.
http://stockmarketmindgames.blogspot.sg/2013/08/kepcorp-capitaland-top-volume-with.html

Today as of now, Capitaland is trading at 3.18/3.19. Imagine if we haven't unload and now we would have suffered reactions, profits turned losses! So in short term trading, one needs to know the maneuver and tricks that the BBs use in order to survive in this volatile market and one of them is the insidious gap up. I will speak more about the gap up in the preview on Wednesday and the students session soon. It would be an interesting yet super enriching subject. See ya'll soon. :)

Ronald K - Market Psychologist - The Big Speculator