Well, let me continue on this topic as today I would like to give a real scenario on how I follow the direction and ride on the mini-Ewave to at least get back the losses.
Still on Straits Asia, today, saw opportunity to ride on the mini-Ewave, thus queued at 2.03 and managed to sell at 2.07 for the profit of 4cents which covered the losses I sold yesterday at 2.09. Though, I still lose on commission basis, I will have another day of opportunity to seek the market. :)
This is what I meant by "Trend is your friend" or follow the global direction.
Till Then,
Star-Trader
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