Wednesday 19 May 2021

Market Supply Zone - We Sold All Positions BEFORE Market Tanked, Profits up $331,000 SGD















At one point my profits was up like $331,000 SGD before my portfolio hits $457,000 and the whole market started to fumbled. We are actively selling shares yesterday as the market touched a super critical supply zone with heavy amount of sellers. I thought it was a wise thing to sell shares and reaped off profits first since I knew the stocks are coming down in the next few days. Woke up in the morning, indeed, the Dow and Nasdaq reversed last evening gains and falter with fear and desperate. The decision to sell yesterday was spot on and to be able to make $$ together with my group of traders, the feeling of winning and confidence is pipping high. The key to make $$ consistently is to make sure one knows how to read the supply/demand zone for the short term and act accordingly when the timing is right. So that's what I did last evening and the rewards spoke for itself.

Ron K - A Game Changer