Thursday trading up-date

Bought Noble on Tue....when it broke peak at 2.89 and still holding it with the closing price of 3.07.

But due to itchy backside....bought Olam, SembMar and Wilmar today and all 3 are showing negative dollar signs SHIT!!!

Now since got time to review the trades....I know what was wrong today. 1st...it's a holiday on Friday so today was last day for this week, that being so...there ia a sold off for today lor. Esp since it was a profitable period for the past couple of weeks. Time for profit taking. 2nd.....about the China tightening loans and also the Dubai thingy....they are badly impacted by the meltdown and their falling home sales and prices. Over building....so, money not enough hehehe.

About the T3B system....guessed lots of big boys also attended the course and they too have came up with their plan to beat the system. In fact....all the stock trading courses follow the same old strict rules....break peak buy...break trough sell. We are told to strictly follow this rule....but after today's trading I feel that we newbies are taken for a "ride" and we are bailing out the big boys at their high prices. Now....I will act slightly differently from the book. Seem that the Lead Trainer would listed out his thots every Sunday...I shall take his advice and think out a plan to take max advantage of the said situation.