I have sold my Wilmar position for $6.43. Short-term bearish outlook in asian markets. I am expecting a small downturn. So next I will probably be looking to buy on a dip. But do expect the unexpected.
I do not expect anyone to follow me on my trades, and I do not blog while I am working in my office. So it is best if you inform me of a similar position you have, so that I may notify you of my actions by other means.
It does not matter how you profit from the market. You may be tossing a coin or throwing a dart at a board. If you are profiting, I am happy for you. What is really important is you are actively managing your own risks. Take ownership and responsibility for your own risk.
I only risk 1% of my trading capital on each trade. So the outcome does not affect me much in any way. That is the way I want to trade. In control and in balance, I am proud to declare my conservative trading stance.
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