K.O.

I'm officially out of the market now. Knocked out by BUMI and taking quite some loss in my capital (more than 15%!). Why? Because I can't watch the market closely so that I can't manage it quite well. BUMI is downtrending and I'm entering a long position (because it's the only position allowed for me). And I averaged down heavily once. It's not a good move. Selling UNSP, ANTM, CPIN is a good move. Moving the fund to BUMI is not. So, based on the 6% money management rule, I'm out. No question asked. It's even more than double my "loss budget" this month. So, yes, I'll be restarting next month. From now on, I'm only a spectator. My position right now is 90% cash!

Many entry points available now, but the exit maybe difficult under this circumstance. Adaro also IPO this month, but given the demand, I don't think I can buy it for a good price. So, I'm losing this month. Let's restart next month.