29 May '16, 1am

May Trades: On 27th May , sold 100 lots of Singtel shares at $3.91 per share. Net about $280+ profit for this…

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 …

Full article: http://thefinance.sg/2016/05/29/may-trades/

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