Chart of Utd EnviroTech Ltd
Singapore Stock CSI Sell Signal - Utd EnviroTech Ltd
This week I want to take a look at Utd EnviroTech. The 20 and 40MA has crossed down and with the 2nd short arrow on 27/8/13, one would have entered the short position on 30/8/13.
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.
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