My Trading Adventure

Long Weekend : Trip to Melaka

CP TEH
Publish date: Sat, 10 Aug 2019, 05:49 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.

3.30 am : Liverpool is leading 3 - 0 vs Norwich.



AirAsia : from the chart RM2.05 level is a SELL as that is called RESISTANCE. Then, weshall wait for pullback ... and buy on reversal.

AirAsia is a very good trading stock as it swings up-down ...plus many retailers would like her too.

AirAsia is always in my list to trade ... so, that is what traders should do, put these stocks in their list. Watch in regular basis to check reversal ... trade them. Buy as large at 'low' point ... check cut-loss in case market going against us ... and let it run. Currently, I recommended my group to buy around RM1.80 and I bought too (disclaimer : blah blah)

We do not need many stocks ... just focus in few ...say, 10 in our trading list and wait for opportunities.

Recently KLCI dived below 1600 ... for a while before making that rebound to above 1600 ... so, that wouldbe time to BUY. Check our list ... see any counters dived much to say ...oversold or support. BUY with a cutloss in mind.

When market rebounds, take smaller ones ...trade them short term. Sell them off ...those swing-volatile-smallish stocks ... which holding to the giants.

5.25 am : Final score 4 - 1 vs Norwich City

DOW minus 90points only ... after an early scare of minus 200 plus due to the tweeter-man.

HSI-call-put : Was shorting HSI well ...suddenly turned long few days ago ... and it failed to rebound and killed me. So, turning short again. HSI-futures closed minus 172 points.

Holding : few blue-chips heavy-weights

Sold : Myeg, Inari, HSSEB and Dsonic.

Failed to sell : Armada (target sell 24cents)

Melaka Trip : As Monday is an off day ... I m planning to visit Muar (nurseries are the target) and stay a day in Malacca ... those which to meet-up, message me 012-821 0129 ... if I could find the time, surely will.

Have nice loong weekend ... fight again on Tuesday.

TEH






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Discussions
2 people like this. Showing 1 of 1 comments

xiaotee

In Melaka, go watch "Encore Melaka" show. Worth it.

2019-08-11 16:29

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