Dow dropped over 500 pts, more than 4% last night. Something we haven't seen since 2008 US bank crisis. Will definitely drag down asian market at the opening.
STI could be open 80 points to 100 points lower, 3025 to 3000 level. The most important is plan the support and resistance level, determine the risk reward to catch some fish...be it up or down.
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Friday, August 5, 2011
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