Trading
Missed by a cent
By Athena Trader  •  September 15, 2015
With the recent market volatility, ACCICB who trades the Chinese market told me that he missed buying a stock by a cent which went up 7% the next day. It was a clear morning star reversal pattern and in the last minute the prices just went sky high. This is the tough part when you don't have live prices on screen...at least that's how it affects me for another market.   Both of us concur that it was a clear buy and it was one of the few bright spots in the otherwise sea of red in the Chinese market. This just goes to show how difficult it can be to trade in such a market when you were never ever a pro before so it's like going against the odds which can be mightily satisfying when you do get it right. Provided that you still have the stomach ......
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By Athena Trader
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