Thursday, September 10, 2009

Bought Wilmar at 6.47

I was excited after lunch to see STI at 2700. I noticed Wilmar kept testing upwards towards 6.5 for the last four days, so I felt Wilmar could finally break 6.5 after lunch. Thus I bought Wilmar at 6.47. Right after that it went down and ended at 6.36 for the day. So I am not a genius, not a guru. Just an ordinary guy that preaches risk management. I feel only those who have suffered somewhat from the market's irrational temperament will truly appreciate and understand my teachings here on risk management.

'When the student is ready, the teacher will appear'. So it was often that the right teacher will appear in my life when I was ready and I have benefited from their teachings. Let me thank my teachers and benefactors right here, right now. You know who you are. Thank you! May you in turn benefit from this blog.

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