Morning ... it is 7am and DOW up 102 points last night to stay above 26, 000 level. We are reaching Mt Everest height soon ...

https://www.mounteverest.net/ ... was reading about the 'traffic jam' on the roof top. It killed many this year.

Trade : Bought LionInd and Econbhd breakout yesterday and punted into Bimb-wa, joining few of those guys in my group. See to sell off all today ... and rest over the weekends

While I m still doing well in equities, I burnt a hole in my account, shorting SOY. It surged higher last night and I m forced to cut-loss. Well today, longback FCPO.

There are few stocks good for trading ... day-trading. One is Dayang ... the active and well-promoted stocks to all of us punters to trade/punt.


trade base on candlesticks ... and use hourly + 15min chart. Sell 2-3 cents surging.

If day-trading is easy, everybody would be doing it and no one would be interested to work!! And if all is winning, who is going to lose? In fact, most of retailers lose ...day-trading.

Contra-trades ... been shorted from T+3 to T+2 ... dont know why ...making punters who use margins to trade contra have to force-selling their stocks.

https://moneyqanda.com/short-term-stock-swing-trading/

What Is Swing Trading?

Swing trading is a speculative investment in individual stocks where the shares are held for only between one to five days. It is very rare that swing traders hold investments for more than a week.

So ... dont hold the stocks too long ...it is goes against you, cutloss. If it is not moving ... sell. Your broker/remisier would love you. haha.

Try to do it with Dayang .... using, say 200lots (or 20,000 units = RM20k capital). It is very difficult to profit RM400 per day. Buy 1.02 yesterday morning diving ... sell RM1.04 closing price. That is RM400 for you ... and we still have to minus the fees.

Any day-traders out there to join me or meet up? We can discuss strategies and sharing ideas ... and if those want to start full-time trading, should seriously learn the skills.


Invest Trade Only A Small Portion - Swing trading or any short term trading should only be used with a small portion of your investment nest egg and not with retirement funds. I am only investing in a small 5%  20% portion of my entire portfolio. This will limit the damage if things go completely south.

Say, you have RM100k ... use RM20k for the purpose of swing-trading. If you are newbie or a gambler ... you are strongly advised not  to try and also perhaps, u want to paper-trade (which I disagree on it ... you do not feel the actually swing ...of mood!!)

You have to know your exit point before you even start to trade. Additionally, to having an exit strategy, you also have to set a stop on how much money you want to lose in any one trade if your shares should take a turn for the worst. Setting a stop to trigger a sell after a 5% or 10% decline can help you limit the amount of money you can lose in a single trade.

Yes ... this pointer is important ... MUST EXIT. Dont just buy to trade .... but holding to it instead.

I sold Dayang that day 1.08 for my RM400 ... it went to hit RM1.11 ... and I have to wait for it to pullback from there ... yesterday hit low 1.01 ... so, we can get cheaper, right?

Would I be able to sell LionInd, Econbhd and Bimb-wa for profits today? I have intention to sell all ... and get back to 100% cash again, and check next week what to trade.

Keep few trading stocks in our list ... and with strong technical knowledge, one could profit more consistently ... issue would be "control that emotion' and FOCUS ... never read forums/watsapp group etc if you are trading.

If you are trading in my closed-group, you have to focus too ... I will put there I bought POS breakout 1.35, sell 1.45 ... it is up to you to follow strictly. Of coz you may want to sell higher than me ... or buy lower. haha



Recently POS bottoming out ... traded 3 times so far ... all profits. But again ... one may followed me to buy RM1.24 round 1 and still holding ... now, good profits. I dont hold ... as market sentiments now is BAD with trade-war looming and KLCI recovered from 1600 to 1650 in short 1-2 weeks ... dont know what is next.


Another recent trade I done (missed Dufu) ... Gtronic and tech breakout 1.60 ... I took breakout and sold 1.67. It went to hit 1.70 ... our target is RM200-300 profits per trade ... now with those two dojis, I will be waiting for pullback to 1.62 today to consider ... if not, I have many more in my trading list.

Always update our trading list ... in weekly basis.

You may treat me coffee to discuss on it ... your treat, of coz.

Stock watch : Join my trading group (for traders and learning) where I trade 'live' ... it is NOT free. It is a lot of homework done before I took those trades, ya!! contact me  012-821 0129 or e-mail cpteh@yahoo.com or facebook https://www.facebook.com/cp.teh.9

ok ... will show few more of my trades ... dont buy by reading here ... as I might have sold them off ... example : Dayang, Gtronic and POS. haha

TEH