Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Tuesday, May 4, 2010

STI Market's weakness , testing your patience...

After talking on Straits Asia and also "fear", I move on to "patience".
Market can really test your patience. Why? Do not rush to enter the market if it is not showing any favours although TA is showing sign in the stock's chart.

Why? Because going against the trend is not the best way to deal with it. Let's wait for the opportunity to reap the profit and do not caught in between.

It will be the time when you can earn back the profit when the direction is showing uptrend..so why still lock in when the market direction is not clear yet?

These few days I have been staying sideline and also busy at the same time, while waiting for the coast to be clear first. The only long term stock that I hold is CapitalMall.

And yes, the coast might be clear soon, and I might be in to the sea again to catch fish if opportunity arises.. :)

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