Never in my memory I have ever seen such a big movement in 1 day. This is happening in Europe today. Market is so volatile nowadays. If you are a short term trader (or even better – day trader/forex trader/options trader), I really don’t know how you can sleep well every night.
Please read this blog post ‘China-apeks’ In Bursa by the most influential Malaysian blogger on KSLE. I follow his blog daily and I think you should too.
If you have read my previous article on The 2 Stock Trades That Inspire Me The Most, you will know why I ask you to read that blog post.
See how they are related, especially its similarity to Lesson #7. After that, your homework is to modify Lesson #7 by filling in the blanks below based on the new knowledge you obtained from the blog post.
Lesson #7. Sometimes, people sell because __________________________, you got to take advantage of that!
There is no ending to learning. Cheers!