The HIT
Olam : bgt 2.79 and sold 2.92 (breaking at 2.77)
Gent $US : bgt 0.465 and sold .490 (breaking 0.465)
the MISS (didnt go for it, should have - lesson learn)
Genting : break 1.86 close 1.99
SARb: break 2.17 close 2.29
Monday, September 13, 2010
Friday, September 10, 2010
Lesson learn : Time to bend the rules
Last Friday, Gent was 180-181 can it was only a break at 183. So I wait for 183 to break on Monday to take action, it was too late. Sometimes, in the advanced stage, You have to feel the market and bend the rules occasionally. Learn to feel the market. When market and You becomes ONE, you will retire soon.
Monday, September 6, 2010
Lesson learn: Knowing when to sell
Last Friday, I have to choose between cutting Cosco or Goodpack. In the end, I cut Goodpack at 1.92 which I bought at 1.96, reason being it was a fake break at 1.95. I keep Cosco which I bgt at 1.63 - no reason to sell Cosco because 1.60 support still holds. Today, althought market surge, Goodpack end up 1.86 and Cosco 1.67 (I sold half of Cosco at 1.66). I am keeping the rest for more upside. Here are 2 contrasting chart.
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| Goodpack |
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| Cosco |
Friday, September 3, 2010
Lesson learn:What to do when DOW +200?
You should be sellers in the morning. Then ever be hero and go long.
Wednesday, September 1, 2010
Lesson learn: Don't look at small money
Yesterday I brought Gent back at 1.71 because it breaks 1.68. I sold half at 1.74 intending to sell the rest EOD simply to save commission. After pondering the words by my broker to overlook things like commission. He says I have no reason to sell the rest because the stock is at day high. I oblight and keep the rest. End of day, Gent closed 1.80.
Don't be particular about small money, it will prevent big money to come your way in trading.
Sold at 1.82 for the the other half of Gent. (Gent went to 183 and drop to 175 thereafter).
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