Trading
Update on "Fire & Forget" Strategy
By Mr. IPO  •  September 21, 2013
The Fire and Forget Strategy has been panning out better than i expect.

I entered 4 positions using this strategy as i was busy travelling this month.




Capitaland hit my target of >320 on 19 Sep 2013 which was automatically taken out by my earlier orders. 


Court Asia hit my target of 80c yesterday and the trade was executed.


In case you are wondering what a OCO means. It means Order Cancel Order. Just to give you a simple illustration, i keyed in 3 different orders at the same time prior to a trade. The logic goes like that, if my trade in CapRChina is done at 1.355, i will enter 2 simultaneous sell orders (A) to take profit at ...
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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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