MMC Ca is my latest bloody lost for me today. As usual, if i'm keeping the price will be going down without recovering. Even at one time the price going up to 0.27cents. But going down fast. So I have to sell at loss with price 0.205. Bloody hell. But don't angry. This is what we call learning process. Moral of the story, cut fast the losing stock because we don't know either they will against you or not.
Today, buy GenCS 300000shares at 27cents.
Thursday, October 7, 2010
Tuesday, October 5, 2010
New Strategy To Adopt
After few times failed in my trading, I need new approach and strategy to be successful in my trading. At the same time i need to improve my skills and careful when selecting certain stocks
My strategy:
1. Long holding
2. Cut loss if loss more than 7%
3. Increased my capital to cover shot.
4. Pay full concentration to all stocks that i buy
5. Dont buy so many stocks
My strategy:
1. Long holding
2. Cut loss if loss more than 7%
3. Increased my capital to cover shot.
4. Pay full concentration to all stocks that i buy
5. Dont buy so many stocks
MMC CORP
I bought MMC Ca yesterday at .25 cents. Today morning the price shot up very till 0.27 cents. However, euphoria only short lived. After a while profit taking set in. Now the price drifting lower follow the mommy price in the red. Decision now either to keep or to sell. Maybe keep for one more day to sell tomorrow if the price increase back to 0.25 cents.
Monday, October 4, 2010
Silly mistake again
Kencana CD : I make some profit from this stock. However, everything i win must give back to the market. At the end i'm losing more. Keeping so long when the trend going down. My strategies to cover short also not on my side. After selling at the lowest price, the stock going up till .185 cents. What la?? So, i'm hoping the price going down again to collect slowwly. I think the best price to buy is around 16cent or 17 cents.
Bjretail: not much moving since i'm buying at 42 cents. Hoping for breakout but failed. Drifting lower to 40 cents. Now up to 41 cent. Planning to clear at 42 cents to go in another stock.
Bjretail: not much moving since i'm buying at 42 cents. Hoping for breakout but failed. Drifting lower to 40 cents. Now up to 41 cent. Planning to clear at 42 cents to go in another stock.
Saturday, October 2, 2010
Few thing need to be improved
After some times investing in share market, few things very important to remember when investing in KLSE
1. Control emotions
2. Enough capital
3. Cut fast the losing stock
4. Follow the trend
5. Always review what is wrong with the strategies if you losing money
1. Control emotions
2. Enough capital
3. Cut fast the losing stock
4. Follow the trend
5. Always review what is wrong with the strategies if you losing money
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