A few days after closing most positions, I am now starting to load positions again. As strange as it might be, this is how this system works: Liquidation for capital preservation in shakeups and the join in again when the climb begins again. My thinking is that, no one can guarantee how long the market will fall and sometimes, if we wait till things are clear enough, it might be a bit too late. More often than not, it takes one mistake to wipe out all your gains. Maybe when I'm older and wiser, I will be able to see the markets clearly but for now, I'm just a novice.
Anyway, this shakeup does force me to liquidate the weaker stocks (AsiaEnv, MiddleEast, MapleTreeLog). Soilbuild is the only that clearly triggers the cut loss.
Back to purpose of this topic:
After building the base for mid-term stocks, I've went on with the next phase which is to accumulate for shorter term horizons (using CFD).
Loaded FerroChina @ $2.70
Loaded OKP @ $0.975
Loaded TiongWoon @ $1.15
I think to make things less complicated, I shall not cost average cash and cfd accounts since costs for both are significantly different.Labels: FerroChina, OKP, TiongWoon |
