This is a chart of Manhattan Resources Limited. We talked about this stock 3 weeks back. If you were trading this using the CSI system, you would have exited the position @ $0.665 after the break of the first red candle on the next trading day. This would have saved you from bigger losses as the stock has corrected all the way to the current price of $0.59. As real traders, we do not try to guess the direction of the market; but bend with it accordingly. Our main priority is to manage risk. As the exit has been confirmed, we will cycle another stock in replacement of this case study. Remember that trading is all about managing risk and taking responsibility for your own trades.
UPCOMING EVENT:
Date : 8th July 2014 (Tue)
Time : 7pm - 9pm
Venue : CyberQuote Pte Ltd
17 Phillip Street #08-00 Grand Building (S)048695
Register HERE
Testimonials
"I would definitely recommend Collin Seow to my friends. Collin is very dedicated to his students and ensures that we all learn from him. He is very knowledgeable about the market. He is responsible and is always available when you need his help. He is very approachable. He has 'no air'."
-Lydia Lai
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".
- From: "Secrets of Highly Profitable Traders - Lessons From Singapore's Trading Gurus" - Straits Times national bestseller for 24 weeks
The post Manhattan Resources (CSI Case Study) appeared first on Singapore Stock Analysis | Opening Trading Account | Collin Seow.
Created by Collin Seow | Nov 27, 2024
Created by Collin Seow | Oct 30, 2024
Created by Collin Seow | Oct 02, 2024
Created by Collin Seow | Aug 14, 2024
Created by Collin Seow | Jul 31, 2024