This is a chart of Indofood Agri Resources that we have talked about 2 weeks back. The fresh “test” short signal execution was @ $1.02. Since then, the price has dropped all the way to a low of $0.94, while since then price has recovered to about $1.00. Following your plan is of the utmost importance and we shall see how this case study pans out. Remember that trading is all about managing risk and taking responsibility for your own trades. We will continue to rotate a few stocks as case studies for education purposes on the CSI system.
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Speaker:
Collin Seow
Certified Financial Technician (CFTe)
Inventor of The CSI Trading System
Trainer at CyberQuote (A member of PhillipCapital)
Mr. Collin Seow is a qualified Chartered Portfolio Manager (CPM) and holds a Certified Financial Technician (CFTe) qualification. He is a member of MENSA Singapore and Technical Analyst Society Institute (TASS).
Collin is also a regular speaker at conferences and seminars. He was recently invited to speak at the Shares Investment Conference and the MetaStock Conference 2011.
He is a bi-weekly Columnist of Shares Investment Publications and has been featured in the book titled “Secrets of Highly Profitable Traders” which is in The Straits Times national bestseller list for 21 weeks.
Collin combines his unique brand of "street-smarts with heart" in trading.
He is not only a trainer with CyberQuote (A member of PhillipCapital), he is also an inventor of a stock trading software known as CSI Trading System, which he teaches in one of the CyberQuote courses.
Collin also owns a popular blog www.collinseow.com.
"The main reason why most traders fail is that they put all their focus in making money from the market. This in turn affects their psychology, which acts as a tall barrier to attain success in trading".
"It is only when you know more about yourself that can you set systems to overcome your shortcomings in terms of trading. There are no shortcuts or Holy Grails to success. If you want to be successful, you have to put in the time and effort".
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