Today is a cloudy day. Nothing much can do with those fun activities except rest and relaxation. US market will be closed for 1.5 days and will resume on Friday. Many professional traders will take a break like me.
Sharing of SM Energy as another stock pick yesterday. I wrote my thought down how this stock would react when the market opened last night. The stock gap up at open and then sell down towards gap fill, followed by slowly moving up. To my surprise, it did not work the second half for the day when the broader market closed in green. Despite the direction is as accurate as usual, there are not many traders capable to catch the turning point. The key to profit is to know your strategy. I mentioned in the previous blog post, I like getting in, getting out and get paid. If I trade, I will complete the trade at open within 5 to 10 minutes because I had shared the move to be. Don’t you know? The best, SM Energy was surely fit your needs. You can do fast scalp trade or swing trade. Again, the key to profit is to know your strategy regardless of the cut loss level being triggered or not. I am not fear of any when I know the move already. Though this is
Besides US stock pick, I shared other stocks from the Singapore market. One thing is needed. That is the patience when trade Singapore stock. Clearbridge was for a contra trade, it already hit the target above 0.174 to high 0.181 from 0.169/0.170.
After all, each has a style that will surely fit your needs after learning the skill then you will get evolved.