21 May 2008

Bad trade:

Yesterday, the stock market turn down because of the consolidation phrase ended.
Last week, the thin trade pattern trigger the big move in the HSI market.

1.The Taiwan new president appointment give a good signal to sell.
2.The #13's pattern really give a indication for the market adjust.
3.The Deutbank put his sell order on the ask side is another indication.
4.Colleague's trading behaviour.
5.The uncle 4 and UBS 's prediction.


My emotional thought nearly collapse, tone my trading mood is necessary.

Taiwan 's entry point should be 8650.

High 9309low 7384
1925 point
30% drop = 577.5 8731

In the afternoon, the atmosphere totally reverse. My stop loss order turn out to be 0.150 to 0.250. crazy.>@@!!


40% drop = 770 8539
50% drop = 962.50 8346.5

20 May (drop 572.77 -2.225%)
turnover 82.80 bilion
Share 134.8 bilion share
Huge turnover 37.73 bilion
45.57%

HSIF
O 25680 H 25687 L 24969 C 25096
turnover 76925
Open interes 98901