I exited today on Google on a $1995 profit (20.2% ROI) when it reached my target at $647! I told everybody to enter when it break out of $625 and exit at $647, remember?
This is my result:
Check my last article:
Chart of Google for your studies:
I predicted 3 days ago, that $647 is the resistance. Today at midday, it proves my prediction is true. Highest reached is $647.50 b4 retreating. Btw, this is not a resistance figure you can find by studying historical price. This is my proprietary method of predicting the resistance even without looking at charts!
Of course, you may question me, "what if it breaks through?" I agreed it may, but please always sell first!
As a short term trader, Always Remember to sell first when resistance is reached. If it breaks through, then buy again to avoid a fall. You can also buy in at a lower price if you want after it retreats a bit! You may not get it right all the time, but avoiding risk is the main key in trading.
That is my philosophy in trading. In the long run, you will benefit from this! That has been my experience as a Trader all these years!
Btw, if you want to know how I make $ day in day out, and making such high returns, please come for our Investment Preview:
<<What is Options and How to Profit 100% ROI from the stock market? >>
on 27 Mar (Tue) English Session OR 28 Mar (Wed) Chinese Session.Do recommend your friends to this workshop!
You shall learn
1) Basics of Options and why Hedge Fund managers like it so much
2) How Warren Buffett make use of Options to make 100million in Oct 2012
2) Outlook of Singapore and US market
3) Top 5 stocks You must watch out for next month
Date: 27 Mar 2012, Tue 7pm - 10pm (English) OR
Date: 28 Mar 2012, Wed 7pm - 10pm (Chinese 华文)
Venue: 141 cecil street, Tung Ann Association Building
Tanjong Pagar MRT exit G, walk straight 80m, opp traffic light
Speaker: Daniel Loh (Raffles Business International Director, Mr Hu Li Yang partner, US Stock & Options Trainer)
To register pls click here
or SMS <Name><Email><HP><Date><Number of seats> to 93676623