Sembcorp Marine - Difficult To Trade

What kind of stocks you should not trade?

I tried to avoid stocks that are in a long-term downtrends as I am not fast enough to get out.

Sembcorp Marine had been on a downtrend since Feb 2018, if you are a fast trader, you can go for it.

Nikko STI ETF - Moving Up Like The Rest

Somehow something have made the market bullish, at least for the short-term.

News like US and China may have a good deal on Oct.

News like Powell says the US job market and economy is healthy.

Therefore, best not to hear any news and focus on your chart direction.

If its short-term bullish again, then enjoy the ride, likely for a week or two, anyway no one knows except Trumpet as his tweet can move markets.

Cash Rich Companies in the Tech Sector

Notes for self-reference.

Singtel - Is It End of Its Down Trend

Singtel, came out its down trend lines.  Need to monitor few days to see if the up trend can last.
 

AEM - Falling Nicely To The Trend Lines

Today close: 1.11

Resistance 1:  1.19

Resistance 2: 1.23

SembCorp Ind - One White Soldier

Trend: Long-term down since Feb 2018

Today, Bullish One White Soldier appear but it is not a trend reversal.

Resistance price: 2.15 to 2.20, then likely to continue down trend

Bullish One White Soldier for short-term trading.

Rex Intl - Nice Gap Up

After the Gap up, price had been supported above 50, 150 and 200 MA.  It should continue its change from down to up trend.

Hong Kong Land - Did Not Cut Loss

As a trader, cutting loss is part of the trading system.  Somehow, still hang on when it fell below 6.40 as  I was hoping that the price might u-turn back.  If I want to be successful in trading, need to remind myself to be disciple in cutting loss.  No hope must be involved, just follow the chart and cut.

This happens on 24 July 2019, writing it down for self-reflection.

Keppel Corp - My Mistake To Buy At 5.95

Somehow I bend the rules and thought that Keppel Corp hit support and buy at 5.95 when it came out of the minor down trend lines.  Did not take into account the candle was black and confirmation should be the 2nd candle which did not happen.

My mistakes: Don't rush and be patience to wait for the correct chart signal.  The cost is lost of money.  :-(

This happens on 08 August 2019, writing it down for self-reflection.

Thomson Medical - Tough To Trade

Trend - Below 200 SMA, long-term down

Resistance = 0.62

Support = 0.057

Very tight for short-term trading.