On 27th May , sold 100 lots of Singtel shares at $3.91 per share.
Net about $280+ profit for this trade.
Trading Volume for SingTel is low for the month of May & the price movement move within a few bids.
The strategy is to get in with a considerable amount of capital & move out quickly & repeat this for a few times . There is a Chinese saying "积少成多 ", so meanwhile I contented with small profits for now.
My trade positon in SPH goes well , it reached $4.00 soon after I bought but I did not sell it as I was expecting a further rise in the share price. But the recent price weakness can be seen as it had retraced to $3.90 yesterday.
Most of the readers must have noticed that my trades revolves around blue chips counters & the reason is simple , if the price falls i will still be getting regular dividends thus opportunity costs is not lost & I am comfortable that my position in these counters will give me a sound sleep .
Net about $280+ profit for this trade.
Trading Volume for SingTel is low for the month of May & the price movement move within a few bids.
The strategy is to get in with a considerable amount of capital & move out quickly & repeat this for a few times . There is a Chinese saying "积少成多 ", so meanwhile I contented with small profits for now.
My trade positon in SPH goes well , it reached $4.00 soon after I bought but I did not sell it as I was expecting a further rise in the share price. But the recent price weakness can be seen as it had retraced to $3.90 yesterday.
Most of the readers must have noticed that my trades revolves around blue chips counters & the reason is simple , if the price falls i will still be getting regular dividends thus opportunity costs is not lost & I am comfortable that my position in these counters will give me a sound sleep .
Comments
Post a Comment