Tuesday, March 08, 2016
Tips #1 : CUT LOSS
This is weekly chart of VS ... showing important support at RM1.14 level ... and today, it is testing this level again. Once broken ... expect more down-side.
I shared with my trading group ... given them the FIRST TIP of preparation for market-crash.
It is called CUT-LOSS.
As painful as it could be ... it is a MUST to execute to preserve capital. Heck .. you will lose 20% or even 50% of your funds ... cutting losses ... but look, MARKET NO CRASH yet leh ... what is market really crashing down? Do you think you stock(s) will go up or ... lower?
More TIPS coming up ... but I need to go for my interview now.