Thursday, March 2, 2017

3 Mar 2017 - not good

Yesterday might be an expensive lesson in discipline. I have a generic rule - no trading at home, and I generally don't like going long (due to the RSI 1 day being quite high).

However, when my resistance line alert was triggered at abt 1630hrs, I tried for a quick 2 pip limit buy at 0.76511. RSI (1 min) wasn't too good, abt 40+, but I went anyway. And it just kept dropping. Woke up today to see a huge S$5k paper loss. Well I've got abt 1k more before I end up in margin call. Overall, I'd say this investment journey is still break even as I've made some money on the stock exchange as well. So yeah, this might really be the end. We'll just have to wait and see.

Yours,

X

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