Stock Chasing

Firstly, the bad news, Chinamilk cheong to a high of 1.31 and I am not in the boat.... DOESN"T MeANT TO Be....
The day today is another bullday for majorities of the counters... especially the red army... and i am out to buy!

I got into my new position ===OUHUA=== today but also at premium hope it doesn't disappoint me...

I have set to queue at 0.475 earlier in the morning and adjusted to 0.48 before ten... didn't hit the price throughout the morning and closes at 0.515 for the morning session. Coming back from lunch I adjusted my order to 0.50... One hour passed... nv hit that... change higher as time ticks away. Finally at 4.55pm, i do a market order at its high of 0.515... Argh... hope it doesn't fails me.... with this purchase i am again 100% vested...

Trading for so long, I have to admit that I do not have the emotional edged when I trade... and it resulted much downfall in me like contras, warrants, failure to cut losses when triggered and always cutting profits due to short term prices falls... this shows that my perspect is very short and doesn't see the big picture behind...Need to made improvement on this... However, this emotional part is very hard to train.

I really wondered how my peers can achieve that esp WL where can be so cool-headed and focus when he trades and Mentor Neo who has much more paper loss but is yet still so confident.... Hope that I can reach that stage soon....

Trading Hipcups

Have one trading hipcups on my lastest buy today. This incident start from last friday when i entered positions into milk milk. Milk Milk was trading near its bottom last week and I made an attempt to enter postion queuing my order @ 1.12 in the early afternoon despite my analysis that 1.09 is the best entry point.

The whole afternoon went and i saw saw the price see-saw-ing between 1.13-1.15. It didn't manage to hit my 1.12 mark and just 30 mins before the trading hour ends, I adjust it to 1.14 which I manage to get it 4 mins before closing.

Markets then open the following week and I made the payments through EPS on tuesday.
On Wednesday, I proceed to check my account to see if my $$ is transferred into my trading account where it reflect $0.... then i guess ok the transaction should not be so fast and its normal. Milk Milk also drop to a low of 1.10 this day which is near to my forcasted entry price.... I then curse and swear over my impatience as I got the counter at a premium ...

Today, I check my account again the morning, It again reflect as $0.... i then proceed to check if my purchase has gone true. To my astonishment, it is still outstanding.... "OMG where is my thousands of dollars". I then called my mum for the security pin to log into ibanking and double check my bank account and the thousands of dollars is reflected as transferred...In a panic, I set to queue at 1.17 to sell.... as I dun have capital to pay. Thereafter, I rang my broker to check.... and got to know that the money is in but is not reflected on the account. From this call, i get to know that account details are only updated 1 day after transferred (the condition is it need to be before 9p.m.). I have transferred after 9.p.m. on tues and thurs it will only reflected on thursday.... where they need to key in manually into the system(what a lousy system that the securities company has).... I then went to check the order status and wanted to withdraw the order.... KNN it went thru.... argh.... blame it on my ignorance this time..... Sian innocently miss the boat.... SAD (MacD line going to cross signal line, 4G1R, low RSI)


NAN DAO I MING FAN TIAN SA GU XING! Why I always have sway encounters!!! TAMADE!!!

Insights of STI ETF 100

Ok, one of my two winning counters currently is the STI ETF 100, as mention before, it is like a pure equities unit trust but the difference is that it is listed on the stock exhanges where we can get access to real time prices and trade throughout the day. (Note: Unit trust only trades once a day). Like unit trust, it gives investors great diversification.

Components of the ETF:


The ETF aim to tracks the STI index with these 50 companies. Thus, with this ETF, you get to have some holdings in each of the 50 companies from the table. If you observe carefully, you may notice that most of the companies are blue chips and their stock prices are very expensive on the exhanges. Thus with a small capital, you do not have a luxury to own them.

The ETFs has provided investor an alternative to own those stocks as it require a smaller capital. However, it disadvantages is that with diversification, it offer a less attractive capital gain then each of the individual stocks.

Finally, I feel that the ETF is good for beginners are the prices are more stable than each of the individual stocks.

Trading not my cup of tea...

Have been trading in the market awhile... and failed to achieve much results from it... alot of stocks has recovered aggressively except for my holdings...
In my journey, I have always cut my profits and hold my losses..
Think my system is really wrong... now without any cash, I am in the midst of quitting trading... my actions now is to hold my stocks till it recovered and sell them off...