For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

The Secret Recipe: Trading Success = Winning Trading System - U


Announcement

Change Domain of this Blogger

NOTICE Dear Readers Please note this blogger domain will be changed from current domain to www.SgTraderClub.blogspot.com , please use th...

Monday, June 1, 2009

Q&A-- Mercator Lines

This is the counter I somehow missed out, in fact I never notice it before. But it's a good one. Thanks kim. The business it doing seems more interesting to me-- India-based international dry bulk shipping. I immediately think of one of my favorite US counters: DryShips( Symbol:DRYS)

Anyway, it just hit its resistance 0.435 exactly today. I would rather prefer wait for it to retrace back a bit or if you are aggressive, play breakout tomorrow. just watch it.

No comments: