CFD Sold MMP @ 1.21 Bought FuJianZY @ 0.83 Bought FuJianZY @ 0.815 Bought FuJianZY @ 0.785 Bought OKP @ 0.825 Bought advSCT @ 0.995
Cash Bought AsiaEnv @ 0.78 Bought advSCT @ 1.01
Today might continue to fall and hopefully, none of my triggers are hit. Anyway, I took a look at FuJianZY's times and sales. Lots of 1 lotters pressing the price down. Maybe instituitions are pushing the price down? Maybe the funds from China come in batches, accumulating when they are low and distributing to the retailers like us? Anyway, this is just a small pullback in my opinion. At the moment the market is trading sideways with upward bias. If you sell and buy again next time, more often than not, you will sell at a lower than peak price and buy at a higher than trough price. With the inclusion of transaction fees, one might as well just hold through the storm.
Anyway, markets are unpredictable, and despite the fact that I said that this is only a passing cloud (passing correction), things could change easily and I have my triggers to safeguard my positions.Labels: advSCT, AsiaEnv, FuJianZY, OKP |