Wednesday, 25 March 2020

SGX : Sold at $8.74


Read? SGX : Sold at $8.99

Round 4 : ROC +8.5%, 6 days, B $8.01 S $8.74

Round 3 : ROC +8.8%, 12 days, B $8.21 S $8.99
Round 2 : ROC +13.6%, 3 days, B $7.46 S $8.52
Round 1 : ROC +12.3%, 61 days, B $6.87 S $7.76

After Round 4 ....








Trailing stop. LOL!

Sold Round 4 @ $8.74 near the day low of $8.72; but SGX did V price recovery after Uncle8888 sold it. Walau! KNS! 



3 comments:

  1. Replies
    1. CW,

      Eh?

      I thought you'll let this 2nd half-position run... That's what most traders would do after banking the profit from half our position.

      Then I saw trailing stop.

      Yes, stops can be a blessing and a curse...


      There was a false breakdown in the morning when STI went below 2400. It stopped at 2390 and then zoomed all the way to 2500 ;)

      Just like that, we are back to former "strong" support at 2500. Between STI 2800 and 2200.

      It will be interesting to see which direction the market will turn!



      Delete
    2. Next to be watching on two DBS positions. Becoming short-term trading. :-)

      Delete