2024 : Trade UPTRENDING stocks

 Sunday ... 5.30pm ... just finished a tuition class ... and going to do some trading plans for next week. RISK is still very high as now they attacked Yemen ... for whatever excuses they could find. Election year in US ...Taiwan election over ... and FED to cut rates... pushing the INDICES in US into new high with 80% of stocks crashed ... so, buy crashed stocks or ...

TRADING the UPTRENDING STOCKS!!

Redtone : uptrending ... breakout. 

Trade such stocks ... there are many new 52w high ... or even historical high stocks. I still like the YTL and YTLpower ... the index-linked stocks which strongly in play and might going into euphoric levels. 

Current news is Yu's counters crashing ... RAPID limit-down three consecutive days to hit low 8.05 ... and now, anticipating sharp rebound?? ... YNHProp too ... severely down with Imaspro finally diving too ..would like to write this as a good case study on how RISKY trading/investing is ... seriously, retailers would stuck up there for years ... and may not ever to recover. 

Would be a busy week for me ... as classes resumed. 

TEH

Sector Watch : Property

 morning ... 10.10 am ... was checking which penny-stocks to buy in. As greed in play, touch-n-go ... sold off YTL and YTLpower and it went higher. Sold off SPSetia. Taken profits in many ...including sold Supermax at 99.5cent ... all going up higher due to GREED.

GREED in PLAY. Be aware. 

Property Index : third candle up, overbought with greed. So, I sold off. 

SPSetia : third candle up ...bought breakout. 

My target : in a single trade all I aim for is RM200 per single day ... but due to bullish sentiments, I could double that in a day due to GREED. Also, I traded more than usual ... and exited with profits in almost all trades. 

Example : Supermax was RM400 plus ... tho I aimed RM200 in that trade. Of coz YTL and YTLPower profited more due to GREED ... but I sold off one day too early and wasted some few k profits. Arghh ... we cant have it all but I need to learn NOT to sell off too early. Stock picks by me are very good ... 

so .. have a good trading year ahead. I m very much more focused and determined now. New year mood ... RM200 per day = RM1k per week. That is not an easy task ... bullish market ok la ... not every time bullish leh. 

off. Good luck ...next week. 

Note : bought a few in hands for next RM200 profits next week. 

TEH

Investing : a sure win strategy?

 morning ... 10.45am. was telling my wife the sure-win strategy in investing ...in stock markets!! 

here is the draft i drawn to explain to a non-financial, non-stockmarket person. 

To know more, can get in touch with me ... and I dont mind to share with u the idea. But if u r going to use my idea in your selling of Unit-Trust etc, just credit me, ya. The idea is from my own brain la ... after years in markets. haha

Ok ... hope this message get a well response and I could have many free lunch-dinner!! Yeah ... 2024!!

note : first week of trading was very good due to bullish market. 

Have a nice weekend.

TEH

Stock Watch : Swift (code 5303)

 it is 3am ... cant sleep well. so, woke up to do some works ... checking the charts. 

found the interesting chart of SWIFT.

Swift : added into watch list ...buying on breakout of 56cents. 

night zzz

TEH

Japan Earthquake : 1st Jan

 9pm ... HAPPY NEW YEAR. Preparing for new year, new trades. 

News : Japan earthquake ... https://www.reuters.com/world/japan/magnitude-74-earthquake-strikes-japan-tsunami-warning-issued-2024-01-01/

FLBhd : breakout of 50cents ... will the news triggering crazy buying into these wood-based stocks ...again? The last time ...earthquake-tsunami in Japan triggered that short theme-play. Will watch ...

Hevea : sideway ... 

Note : will be taking in one uptrending stock this week. Will post after I have taken ... perhaps after I taken profits? TRADE UPTRENDING stocks. 

Will want to update more frequent this year!! Yeah ...

TEH