Trading
A bio "Heartbreak" and Capitaland
By Mr. IPO  •  September 4, 2013
I was preparing for my trip last week and i spotted this potential swing trade on Biosensors on Friday.


I was contemplating a trade at 84c and would have gotten in easily but i was hesitating as I am leaving the weekend to London. I would have bought Biosensors at 84 and the targets would have been around 92 and 98 with a stop loss below the recent low. Anyway, i didnt execute the trade but wonder why I didn't "fire and forget" as i have intended to.

Anyway, i have decided to try it out on the next trade i spotted, which is Capitaland to test out my theory of "fire and forget".


Enter at 3.03. First target around 312-315 and second target around 320-325. Cut loss below 292. 

Happy trading. 

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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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