Currently, most of the stock in the singapore market is going through a sell down. STI is very near to the next resistant at 3400 as stated here.
As promised 2 week ago that I will post the gold Unit Trust performance here after I had switched out from it. Below are the statement I received recently.
As stated last wednesday, 23/07/14, US market will pull back and European market will resume its selling again. I will wait for all these selling to be over before I assess the market for opportunity to enter again. In trading and investing, we need to be patient or else we will become a patient (financially).
Watch out for Blumont, Memstar and Riverstone.
Last week I caught Jaya. Today, I caught Valuetronics. Life is Great!
I entered this stock on 02/07/14 at $0.44 as posted here. Today, the closing price is $0.585, a return of 33% in 3 weeks. This trade can probably replace 2 months of my income. For the month of July, my trading system had helped me to capture Jaya and Valuetronics. The massive profit from both trades can easily replace 5 months of my income!
My stock trading system is about 85% accuracy. Every 10 trades I put in, there will always be 2 losing trades which will trigger my stop loss. I treat these losses as paying income tax to the stock market. Commission and cut loss are the fix cost of trading. If you did not cut loss it means you have not traded.
Stock trading can only replace or give you an additional stream of income. It can never make you rich.
Only through investment, one can be rich via wealth accumulation and growth. My portfolio is divided into 75% investment, 20% trading and 5% cash. I use Unit Trust as my investment instrument, stock and index trading as my trading instrument. They compliment each other and greatly help me grow my portfolio at insane rate. As I always said, today the financial market moves very fast, with the correct knowledge, tool and system, you can capitalise on any opportunity around the world 24/7 and your money will grow very fast.
See how I capture the opportunity in Vietnam using my breakthrough Unit Trust Investing System here.
This stock is well supported at $0.051. Buyer seem to be coming back today. Exit when the profit is good.
This is a fast moving stock and buyer seem to be coming back. For few days trading only. Exit once profit is good.
This is my company stock with great fundamental. This stock was $11.50 back in November 2011. Today its price is $22.8. Almost 100% return in 3 years. Holding this stock for long term investment is far better than holding the 3 major banks’ stock. Furthermore, there is less fluctuation with this stock.