I wanted to start a thread but lazy. I don't want to limit myself to percentage terms but i aim to profit 50k this year. Good for a holiday and also help to earn my 奶粉钱.
My trading style: Monitoring market depths to catch support/resistance trends. FA to support buy/sell.
Aim: To be profitable for all trades regardless of amount of profit. Cut loss range - 3 to 7%.
5th Jan 2015
Bought:
Sold:
Keppel Corp
A few trades done for Dec 2014 and start of 2015.
Tritech - noticed good volume and price action. Entered at 0.136 and my target was only 0.146 hence sold at 0.147.. didn't know so fast 0.172 today.
Current open positions:
Ezion - 60lots @ 1.145
Looking at oil price, i think it might give way below $1.120 so i'm looking to sell this at breakeven or more however some funds are collecting at this price so it might ding dong here. If oil prices can recover to above US60, personally look at $1.25 minimum.
Isdn - 200lots @ 0.265
good price action and volume today which might determine its uptrend soon. Below NAV of SGD0.33 which might eventually find its way up. Positive that company and boss has been doing share buybacks.
Low Keng Huat - 30lots @ 0.670
Buy to hold for div and price appreciation. Low liquidity though
Sheng Shiong - 30lots @ 0.660
Buy to hold for CNY however profit taking occurs at around 0.7 so i might divest at 0.705 or 0.710
**Previous Closed Trades**
5 Jan 2015 - Keppel Corp 5lots - Gross profit $4140
2 Jan 2015 - Tritech 150lots - Gross profit $1650
22 Dec 2014 - Sembcorp 6lots Gross profit $2082
18 Dec 2014 - ST Engineering 8lots - Gross profit $320
Please do your own homework before trading! I'm not qualified to answer to many questions regarding your financial needs.
Anyone with good trading/strong FA companies can share too.
HUAT HUAT 2015!