- Sold Sep10 in a single contract against a hefty 363 stop (=SGD 3800). Will try to refine and tighten this as the chart forms and we get more hints of where selling pressure might emerge.
- No intention of increasing this trade until I am able to tighten the stop (5.5% is too much). Trade has much potential though, given possible triple top currently being formed now. Sometimes it is preferable to be in early (sensitize oneself to price moves) than to wait for the breakout. But If early, it is important to keep a tight control on trading size so as not to get sucked into an emotion-sapping bottomless pit.
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