Cosco: Sold at 1.23 today with a small profit.
Reason for selling: Not sure of the technicals about this counter. It was bought based on hunches after much run by Keppel Corp. This counter run up another 5 cents immediately after I sold out. However, there is no regret since this decision is totally based on logic and trading rules. It was the reason of entry that was wrong.
Golden Agri: Almost sold off out of "fear" of not making money. However, cancelled the order after considering the trading rules. Close unchanged at 0.38. Papaer gain of 0.035 / 10.14%.
Mercator Maritime: Held on. Closed at 0.39. Great run up today. Paper Gain of 0.035 / 9.86%. Decided not to sell now. Taking more risk since technical indicator is not giving sell signal.
Capitaland: Closed down at 3.94. Paper gain: 0.15 / 3.96%. Technically soften. Could be profit taking. Wait for sell signal.
Sembmar: Still going strong at 3.06. Paper gain: 0.21 / 7.37%.
Olam: Bought today at 2.48. Based on the RMO buy signal. Even though the counter has already run up quite long, the overall trend is still bullish. So, it is worth to take a risk.
This web log was initially created for people who trade Singapore Stocks over "weekends". It has now evolved into real trading logs and analysis of market and stock situations using technical analysis. This becomes a record of my trading and lessons learned from trading. For more trading lessons please visit: Good Investing Lessons or Good Investing Lessons (Old)
Monday, July 27, 2009
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About Me
- ES Sei
- I'd like to share my experiences and knowledge about healthy and happy living as well as mid-life crisis. 不以物喜,不以己悲。
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