My Trading Adventure

Trading UPTRENDING stocks

CP TEH
Publish date: Thu, 30 Aug 2018, 08:41 AM
CP TEH
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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.


8 am ... just back from breakfast and sent my girl to school. I will have tuition-classes later in noon.

Moving to Penang is more or less ... confirmed.


Nice Kek-Lok-Si. Would love to sit there and read books.

Note : I m looking for tuition-classes in Penang ... next year Jan onwards. So, anyone know any  students taking SPM/STPM or O-level/A-level Maths ... looking for good Math tutor, contact me, ya. 012-821 0129 ...my number.


Elsoft : one of the strong uptrending stock now, hot too ... as they announced bonus-split news ... so, time to goreng it up.

There are few UPTRENDING stocks in KLSE ... there are hundreds (or thousands?) uptrending stocks in US-market. If we are insisting to stay in KLSE, then go for uptrending stocks. It is NOT cheap (valuation wise) but it is still worth riding on the trend.


I have this book ... and still reading some parts. It is a reminder to myself to learn to trade UPTREND stocks ... and focus on them.

While I like waterfalls and those dived sharply for technical-rebound (we need to learn these too during crashes) ... so, I m mastering catching knives (and got myself cut many times) and learning to trade breakouts and uptrending.

Both skills are needed ... while we need to learn to check fundamentals of stocks.

Good companies ... their earnings improve over the years, hence would be attracting more REAL investors and the stock prices eventually will move up. For traders, we check on WHY the stocks moving higher ... and trade based on the charts.

So ... there is no right or wrong ... if you like the sharp down LayHong (rebounded well yesterday), you are going for technical rebound. If you prefer uptrending Elsoft, then ... we buy-hold-add on Elsoft, provided the trend holds.

Time to check markets.

TEH
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