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Quick update – May
By Rainbow Coin  •  May 14, 2019
What have I been up to this month? I have stopped pair trading completely and embarked on swing trading before the trade war started. Again. Training my psychology and temperament with a "never say die" attitude this time round. (So let me take back my previous conclusion in one of my posts...) What have I achieved? Despite missing the early rally, I have managed to catch some late rallies. My "heroes" were Walt Disney and Monster Beverages. Pocketed some neat profits riding their uptrend and later got whipped out by the trailing stop during pull-back.

This time I traded with a different psychology and approach - ditched my "sure win" self-conviction when initiating positions, "played safe" by being more careful about margin of safety and degree of volatility, set trailing stops (when you take care of the downside, the upside will take care of itself), and minimizing the use of

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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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