Wednesday, March 03, 2010

Forex and stock up-date

Didn't do anything on the forex part....but did buy Yanlord at 1.91 on Tuesday morning than sold it at 1.93 at the close. Just 5 lots....for $50 profit hehehe.

On Wed....at the close, again having itchy backside problem and went in to buy 100 lots of SCMI.HK ( 0981 )at 77 cents. Why? - my reasoning was that tt dropped from 82 cents mah....and there was no bad news so it should bounce up esp at the start of trading tmland I can make a couple of cents and I will sell so that I can sleep in peace afterwards esp since the Dow is doing fine...up to down and now, up then down again at close. Still....HK market may open higher for the 1st trades then may slowly drop due to the lack direction from the leading markets...Dow is a poor market leaders.....showing a bad as a leader.

The most important thing to remember is....not to lose money. It is also fine to hit-and-run esp if the timing is right! 2 cents can be equal to HK 2K which is about $360 here and after the comm...still can smell about $280+ hehehe. Good money...for tiny risk! Who knows....may get less too but would be quite happy with a 2cents profit for now.

Since I am working....think I will sell this off so that...I can really sleep well. Will think of the market again over the weekend for next week's trade. Next week, will only start work on Thu....so, can watch market from Mon to Wed.

Btw....no right or wrong trade! Just good or bad timing when trading!

3 comments:

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

good and bad....good if I managed to make some money lor!

Anonymous said...

U will surely make it,just believe in yourself and wat you can do!!!

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

yeah thank you anonymous...for your encouragement!

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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.