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 Investors Club V10, Previously known as Traders Kopitiam

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danielcmugen
post Feb 14 2019, 01:00 PM

Look at all my stars!!
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5,537 posts

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QUOTE(Yggdrasil @ Feb 12 2019, 09:40 PM)
Mind showing your portfolio/realised gains? Hard to believe someone can easily make this much in a bear market
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But it's been quite bullish for the past month
danielcmugen
post Feb 14 2020, 08:49 AM

Look at all my stars!!
*******
Senior Member
5,537 posts

Joined: Apr 2011



QUOTE(greyshadow @ Feb 13 2020, 03:04 PM)
and also I'm still learning, hope to learn from the sifu here icon_rolleyes.gif

So I've set aside a small amount of funds for trading, since the FD rate are pretty shitty now, so I was thinking why not invest in stock market since some of the stocks are at their all time low now due to certain factors like scandals & disasters.  If stock price increase after the crisis then good la, better return than FD, if drop further, nvm then, will treat it as just bad luck, some unexpected expenses like expensive car repairs tongue.gif and hold it until it rebound, hopefully.

Also about pennyshares, will a hit & run tactic sustainable for long term?
example I targeted a high vol pennyshare, then just let go when price increases just by 0.005, to make a tiny profit, and rinse & repeat
since it's pennyshare, it won't drop too much or too drastically, and if got burned, also won't be too hurtful... this tactic ok? hmm.gif
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Those few sen penny stocks, very hard to buy in at ur desired price. Long queue. Hard to sell also. Dont think u can buy at 1 sen and sell at 1.5 sen.

This post has been edited by danielcmugen: Feb 14 2020, 08:50 AM

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