Instead of going down, the KLOFFE went up on regional optimistic view. However it is evident the buying interest is not in. Be careful of sudden down move. If you are into the long, you’ll need to trail your STOP LOSS to 1019 level.

Looking for a short opportunity here. Will wait for the trend to be confirmed. The up bars in the background (with reducing volume towards end of yesterday and earlier today) shows weakness. If more no demand bars appear, it will be a good sign to short. Sit tight and observe for now.

So what is share market??? There are a few ways of explaining this, I’ll relate this to the local (Malaysia) context. But you’ll find similar (or better) setup in other countries.
Kuala Lumpur Stock Exchange (KLSE)
The stock exchange is an organized marketplace where the public could buy and sell stocks (and other financial instruments like [...]

Closed the short trade @ 989 after the technical rebound and close at 990. We did exactly as plan. Despite of lower profit, but trailing STOP LOSS and riding the trend could translate to better profit margin in the future. This is crucial to prevent you from exiting prematurely and miss the trend.

The Bursa KLOFFE has dropped almost to 980 level. Revise your STOP LOSS to 989 and ride your profit. Don’t exit prematurely and miss the train.