Thursday, January 07, 2010

Thursday - market's up-date

Due to some fears about banks in China tightening the lending....lead to market around the world having a mini correction. None is spared...shit! Look like this China is so strong and powerful now that it's market leads other markets up or down.

By this year...it is supposed to be the 2nd largest market in the world.

SGX....in the morning, it was fine esp for my stocks...Wilmar, Noble, Yanlord. Only my Genting is showing a loss. Then I went to do some cooking....my lunch and by the time I finished cooking and eating. Shit...it has came down but still showing a small profit.
But the loss for Genting has widen...to 3 to 4 cents per share.

By then...too late to do anything except to edit my stop-loss and I went to sleep since I am working. By the time...I woke up at 4:30pm, noticed my Wilmar was "stopped out" btw I am doing profit protection since I have a profit to show mah. :)

For the rest....Noble was steady and end with a cent gain, Yanlord was weak at the knee...showing a 3 cents loss and Genting also showing a 3 cents loss. Oh...Allgreen also showing a 3 cents loss. Total....knocked me back by 8% today.

So...trading is not a easy street thing for anyone, it takes guts to enter and exit the market and the only thing once already enter the market...is to self protect by placing a stop-loss order if not ....die until don't even know why?

For profit...can only hope for the best and ride the trend.

1 comment:

wINtoTo N aLSo 4D...yEAh! said...

any good stock left to buy? well.....
always will be but the hardest part is to decide which one to enter.

happy trading....

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.