Posts Tagged ‘profit taking’

04-jan-2011.. carnage and bloodshed..

January 4, 2011

today is my 2nd day in trying out swing trading and just like in life. trading in stock is much like opening a box of chocolates, you dont know what you will get. you play with fire you get burned. GRABE profit taking today! Hayup! Animal! (okay im over reacting)

The key Philippine Stock Exchange index traded in tight range, inching up 3.52 points or 0.08% to 4,218.73.
But the broader all-share index fell 16.08 points or 0.5% to 3,028.46. Among subindices, only the holding firm sector ended in positive territory. Losers beat gainers, 79 to 67, while 31 issues were unchanged.

Kudos to all who survive. as for myself, i got burned (bot CYBR @.82, it closed @.75). Hoping tomorrow to recover (as always). could have sold it @ .87, but didn’t. preservation of capital and protection of profit.. Accept defeat, run, and live to fight another day.. nyahahaha!!