My Trading Adventure

Profit taking time?

CP TEH
Publish date: Wed, 10 Jul 2013, 02:24 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Market rebounded well after dropping around 10 points that day. Up back to 1768, time to take some money out. I have sold all my 3M.

MRCB : Not performing well, at 1.62 high, there is some profits I did not take and it came back to my cost price. I sold it off.

Malton : After shooting a high 0.885, I sold all at 0.86. Today at 0.84.

MyEg : The best performer of the three ... sold, buyback ... and sold all today at 1.89. Musical chair is going to stop soon. Dislike the risk. Just need to take some money off the table as I saw weaknesses in market at the moment.

All these told to my stock-watch group 'live' so that they could do whatever decision they think best, to follow to take profit or to wait higher? I do know some who bought into her when breakout 1.70 still holding at current 1.85 levels.

AAX : Welcome airasia-X ... not taking off? RC : Quite some time I did not check on active counters ... and saw some RC's counters there, someone playing on them again ... to me, it is a trap. I will not go ...

Harta-wa : Bought 2.40 ... no volume, sold yesterday .... 2.49. Don't know who bought all at 2.49, it jumped. Today Harta is down ... so, Harta-wa at 2.35 ... and will buyback at RM2.25 levels, then ... wait.

YSPSah : Crazy up-down ... low liquidity, bought at RM1.35, sold RM1.50 done yesterday ... it went to RM1.55. Today it is down to RM2.43 ... well, do read about the dividend. So, we could profit from the dividend-play. I am going trade more on such movements ... when craziness coming, sell.

No time to blog at all ... classes from morning ... till nights. Exams is next month ... so, will be very busy till then.

Will update in my tratles.net once the set-up done ... still testing out the new lay-out.

Thanks for reading.

TEH

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Discussions
1 person likes this. Showing 3 of 3 comments

Stock Operator

one teh C please

2013-07-10 15:36

Buy & Sell Sell & Buy

CP TEH what is RC? in your statement =>RC : Quite some time I did not check on active counters ... and saw some RC's counters there, someone playing on them again ... to me, it is a trap. I will not go ...

2013-07-10 17:51

Jee Foh

Raymond Chan

2013-07-11 10:06

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