Sometimes you can rant about why there aren’t systematic trading stops on the SGX. These nifty perks enables u to get out with how much you want to lose. but in the case of my straits asia trade, you really hate it when u violated your stop loss.

its a good lesson to me that trading against the trend can be dangerous. I did not notice that the trend for straits asia have changed. although the MACD looks like its possible that its gonna cut above 0, the price movement have already cut the long term moving average. Read more…