Wednesday, January 06, 2010

Trading

So far, so good....making up for the losses but I still have bad habits of itchy backside. Nothing to do....go and anyhow find some stocks to buy without do much scanning or charting. Therefore...buy without proper understanding the situation for the counter.

Now...totally clear off all the HK stocks, I lose due to them. They are fun in the sense that HK market is very active. They only trade for a total of 4hrs a day but their volume is very huge. Maybe their top 10 counters' volume would be more than our whole market's volume. Just think of it....blink non-stop for the top counters.

Still...not a good idea just to buy for fun and lose money doing it. So, stop and put focus on SGX counters. These stocks esp the old blue chips one....I should know well since when the market is good, they would easily move up.

In fact...at the Tue's night mentor's session, this guy Tham...he said that for him, he just focus on some of those old fundamentally strong stocks to play and he would make enough for a couple of years.

So today...do it his way, and I am left with just Wilmar, Noble and Genting. I shall be adding Yanlord to my portfolio tomorrow.

4 comments:

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

4D - missed out for last Sun's 3rd price. My car's no...I-bet.

Same thing for today's 3rd price again....sighed.

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

Now still showing a 17% loss for my funding.

Anonymous said...

wrong move...about adding Yanlord as the market went into a mini correction....hope it is just a mini as what my friend said.

Anonymous said...

Now...with to-day's 7% loss, my loss went back to 27% incl commission and other charges.
Shit!

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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.