Trading Update - NOL, CapitaCom, SwingMedia, Mercator, Yanlord

NOL went up to 1.71 and then went down. The market looks bad last week. Sold off at 1.62 took some losses.

Swing Media was looking weak. Sold at 0.06 after getting devidend. Took some losses.

CapitaCom was down to 0.84. Hold. This counter was bought too early because Stochastic has not shown oversold.

Mercator was down to 0.32 broke cut loss point. Sold at 0.33. This counter is not showing strength. Also because Rickmers Marine is showing bad results and cutting dividends.

Bought Cosco on the counter trend trade at 1.20. Went up to 1.27 but retreated to 1.18. Sold at 1.23 since the counter does not show strength each time there is an up market. This counter could be weak again for some time.

Sold SembMar upon weakness. The counter showed sudden drop in price and continue to show down trend for another 2 days. Sold on bounce at 3.09.

Sold Yanlord at 2.39. Lost 0.01 plus transaction fee. Counter went down to 2.30 before bouncing back.

Overall last 2 weeks's trade was messed up by some greed in early entry resulting in unnecessary drawdowns. In order to go back to the rules and strategies, decided to sell off almost all and start afresh.