Thursday, August 20, 2009

Bought Wilmar

..at 6.28, my waiting bid, and ended at 6.09 at the end of the day. Oh well, let us see how it fares tomorrow. Maybe I should buy once it hit 6.34 instead, but then I chose to be aggressive and let the bid stay. I do not regret it. The risk is acceptable to me. I did not cut my loss immediately upon 6.18 because I want to see that price level being accepted.

So let us just see what happens tomorrow. If at 9:30am, the price is lower than the open, most probably I will cut. But if there are signs of a bullish reversal, I stay.

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