***** Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly at 03 4252 4149 to enroll ! ***** The Importance of Being A "Honest" Trader :-) martin_tf_wong@hotmail.com: Jul 22, 2005

Friday, July 22, 2005

5:19 pm - Out until now & trade Trade #11 at 929

Finally, the peg is abandoned and the Fkli shot up but close at a discount
-7.69 pts. The good news is that the closing of cash overtook the opening of
today. So I do not see a selling so soon yet. But who knows !

My trade #10 was closed yesterday just before MOC at 918.5. Luckily for me
else I wud have to get out today at the opening at 927.

Trade #10 : -0.5 pts.

I did something bad today i.e. in the morning. I did not plan for Trade #11
but traded without my charts. I traded based on my entry price wud be 923.5
if it opens today. The market open at 927 and went down to 924.5.

I place my 929 at 9.15 am and executed and it went down to my stop. My
disaster stop is at 6.5 pts which is at 922.5.

I WAS LUCKY as the today low's is 923. Else I wud out with a loss instead a
win today. My current stop is at 926.

I know I have to take the trade today even if I have not the charts in front
of me. I WAS LUCKY TODAY.

Let's see how the trade #11 wud end on Monday 25 July 2005

Rgds,

-Martin Wong-