Trade with the Trend, the Trend is Your Friend
Here is this week’s update. Long Position (Stopped Out) Thai Beverage Public Co Ltd (SG) Trade was entered at $0.915 and exited at $0.94. Overall a profitable trade. Long trades Alliance Mineral Asset Ltd, Broadway Ind Grp Ltd, GSH Corp Ltd, Interra Resources Ltd, Keppel REIT, Sunmoon Food Company Ltd and Ying Li Intl Real Estate Read More …
Here is this week’s update. Long Position (Stopped Out) Asian Pay Television Trust (SG) Trade was entered at $0.925 and exited at $0.895 (due to ex-dividend of $0.021). Overall a losing trade. Long positions for First REIT, Sheng Siong Grp and Thai Beverage Public Co Ltd are still alive. If you find my Read More …
Woke up yesterday to find that Illinois Tool Works Inc(ITW) buy order was triggered at $57.61. Check with the Yahoo Finance to discover that stock has never reach this price. Called up marketmaker trading helpdesk and was told this “As conversed over the phone, your pending order (ITW) was correctly filled. I understand you have Read More …
An easy way of seeing a “Trend” is firstly looking at a monthly chart and observing which way the stock price is going. (This is called using the “mark one eyeball test”) This is a cheap way of seeing what the stock is doing right now and does not involve any fancy, expensive computer software. Read More …