A couple of days ago, we issued an article that Ezion has a barrier at $1.30. Indeed it stayed there for a few days without breaking that barrier. We also mentioned that if Ezion can get near $1.29, chances are high that it can break $1.30...
Check our article:
Yesterday it reached that mark, $1.29. And indeed if you followed us on the call, at least you would have caught the breakout. Now the price is $1.33 - $1.335. Highest reached is $1.345.
If you are like one our Singapore Stock Course graduates, who went in yesterday at $1.29 for 10 lots, you would have made a $400 profit by exiting at $1.33 now...
With a 15% margin requirement using CFD, that is a 15.03% ROI in 1 day!
But of course this graduate has not exited. Like what I told the student, if you are greedy for more profits, you should put your stop loss now at breakeven, which is $1.30. Put your profit target at $1.465.... and go to sleep! Yes, $1.465 is my profit target! Even if it does not hit, you would have already protected your capital, for this trade, You would have achieved a no loss situation at most! Guarding our capital is the number 1 rule of a trader!
That is for greedy people like us, who are not satisfied with the 15% we achieved in 1 day! Do not feel sorry or blame us if you exit at $1.30 when you should be making $. This is disciplined trading! If you do not practise this simple technique, you might have been losing $$$ consistently. Do not blame anyone, but your lack of good money management practice all these years!
Btw, even if we exited at $1.30, we will enter when it comes back up to $1.32. A stock that has died never comes back up. If it comes back, it is about to retest its high.
If you are able to time your entry by pciking the right stock, and couple it with the correct money management skills, I really can't see you not making money in the stock market!
Some of you may have this question. But Daniel, how do you ensure that you time your entry and know which stock is about to run???
Well, come for our Singapore Stock Course this Thursday and Friday and we will share with you the SECRETS to MAKING $ in Singapore Stocks....
It really ain't tough!
The Magic of Picking the Right Stock in Singapore Market
(plus a sharing revision of what Jim Rogers said about the stock market in Sharesinvestment Conference)
You shall learn
1) What is Jim Roger's View on Current Market
2) Timing your entry
3) The Magic of picking the right stock
Date: 27 Sep 2012, Thursday 7pm - 10pm
Date: 28 Sep 2012, Friday 7pm - 10pm (Chinese 华文)
Speaker: Daniel Loh, Andy Yew, KL Wong
Venue: 141 cecil street, Tung Ann Association Building
Pagar MRT exit G, walk straight 80m, opp traffic light
register pls click here
SMS to 93676623 <Name><Hp><Email><Date><Seats>