Collin Seow Remisier Blog

Singapore Stock CSI Buy Signal - Utd Envirotech Ltd Follow Up

Collin Seow
Publish date: Sat, 03 Aug 2013, 02:41 PM
Collin Seow
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Collin Seow (CFTe,CPM) is an experienced remisier who mentor his clients to help them to build a stock portfolio.

Singapore Stock CSI Buy Signal - Utd Envirotech Ltd Follow Up

Utd Envirotech Ltd_20130803

Daily Chart of Utd Envirotech Ltd

CSI Buy Signal - Utd Envirotech Ltd (Follow Up)

Since I last posted, this stock has broken and closed below its trough of 0.97, which is a sign to exit.

When one enters a trade using the mechanical trading system like CSI, one should also exit by following the system. By removing the responsibility from the trader of having to choose the entry and exit, the CSI expert is supposed to help the trader overcome emotion. With emotions eliminated from each trade, the trader may be in a stronger position.

To find out more about the CSI Trading System, come and join us at our events.

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