Straits Times Index hovering at 3100 level for now

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Straits Times Index hovering at 3100 level for now Straits Times Index attempted to reach for a higher level this week but it faced profit taking pressure during the week. The week started off weak with brought over selling pressure from the previous week. This allowed STI to test its support at 3100 level again. This support level broke briefly on Tuesday but support at 20ma weekly line was … [Read more...]

First trade done in 2017

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It has been a while since I sold any stock. Today I have sold the Fastenal Co. stocks I owned. It is still a relatively new stock in my portfolio. I bought these stocks in Aug 2015. After selling the stock, I booked an approx. 42% profit. Frankly, I do not enjoy selling any stocks. However given the run up in the US market, I reckon it would be prudent to trim down my stock holding and … [Read more...]

Jan 2017 Trading

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This month is quite a good and profitable month. I managed to chalk up a handsome profit which is almost the same as my total profit in 2016. This is definitely a good start in 2017! If this continues for the rest of the year, I will definitely be a happy man. Especially for this kind of return per month, of course it out performed my dividend stock portfolio. However, in trading, we cannot expect … [Read more...]

Bearish start after Chinese New Year Break

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Bearish start after Chinese New Year Break First week after Chinese New Year turned out to be a week of bearishness. Straits Times Index halted it’s ascend and decided to take the bearish que. Controversies of US President Trump’s policy on immigration rocked the market during the week which triggers fears of kick starting economic instability in US. During the week, there were attempts to … [Read more...]

Cory Diary : 2017 Chicken Out

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Did my second speculative trade of the year for fun. This is after I notice there is still some upside for Keppel since last year low. By the way I am no fan of Oil and Gas or Ships. And no margins. Saw my profit went up to more than $800 before it came crashing down after the poor result announced. This hit me back to fundamental reality or am I ?Nevertheless I Chicken Out and close my positions … [Read more...]

2016 Trading Review

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I started trading in Jan 2016 and like I said before, this should be my 3rd attempt. Every time when I have a new try, I would always regard as money being thrown away. There's no difference for this time too. As you can see from the chart above, my trading got a good start when I got a few wins, beginner luck maybe. However, all that it became like an exciting roller coaster ride in USS. My … [Read more...]

Dec 2016 Trading

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Made a big mistake at the beginning of Dec and it has already confirmed that I would end the month will a negative return. As you can see from the ugly steep dip in my trading equity. Indeed it was because the loss was quite huge. However, did managed to gain back some and narrow down the loss but nevertheless still end up as a negative month. Period $ Profit/Loss % … [Read more...]

A Flat Pancake Trading Year

Oh well! I guess the streak has to end some day, isn't it? 2013 - Doubled my trading account (Rampage!) 2014 - Tripled it! (Godlike!) 2015 - Up 88% (Double happiness!) 2016 - Up 13%... (Shy, Shy, Shy - Yes, its from K-Pop Twice's Cheer Up MV) Tale of 2 halves 2016 started fantastic. Got played out as the trend reversed? Then came mid-year where I thought surely this must be … [Read more...]

Straits Times Index paving its way for the start of 2017

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Straits Times Index paving its way for the start of 2017 Year 2016 is starting to come to the end as the whole celebrated Christmas last week. The expected Santa Rally failed to materialise as the market chose to go south instead. Concerns were focused on the uncertainty of the upcoming newly elected US president Donald Trump’s administration. During the week, there were several rebound … [Read more...]

What are Bucket Shops

I noticed a bad habit by some readers of financial blogs - too reliant and dependent on their favourite "shepherd"... For example, got question on CPF matters, instead of checking the CPF website or contacting CPF directly, prefer to be spoon-fed... If you get a summary from a summary from another summary, what do you think? Want to bet there's some "oil and vinegar" (油加醋) added to the … [Read more...]

Nov 2016 Trading

Thanks to Donald Trump, I got a very big profit in the beginning of Nov. In fact, its my biggest gain for my trading so far. So in Nov, I was very confident that it would close in profit. This month, I also increased my trading capital by $5,000. So here it is ... Period $ Profit/Loss % profit/loss Capital Verdict Oct 2016 $956.76 9.56% $10,000 Nov … [Read more...]

Looking Into DBS – When Will the Dream End?

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Not any time soon, I reckon. After witnessing the impressive rally that took place over the course of the past few weeks, I bought into DBS (D05) late at 17.80 with the intention of doing a bit of short-term trading. The stock has surged roughly 20% since Donald Trump was elected President of the United States, and it should continue to head upwards as we approach the New Year. The Italian … [Read more...]

Where are the Retail Growth Investors?

In my previous post, I wrote in the comments section that most retail investors began their journey as a Trader, then as a Value Investor, moving on to Dividend Investing, and finally capitulating towards Low Cost Passive Indexing when all things fail... What about Growth Investing? Ah! That was deliberate. Why? Because most retail traders and investors behave like Growth Investors … [Read more...]

Trading is easy, isn’t it? [4 Dec 2016] (Part 2)

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In my previous article “Trading is easy, isn’t it? [20 Nov 16] (Part 1) click HERE”, I have discussed the importance of one’s psychology in trading. However, I have only given a general outline on risk management and trading system which are also very important topics. In this article, I will elaborate on risk management compiled from various trading books and will add in my thoughts under … [Read more...]

InvestingNote: Get Tips On Stocks From Experts

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With the launch of fintech festival last November, Singapore has signalled its intention to be a serious fintech hub in the world. Heartland Boy is hugely supportive of this initiative because he has personally benefitted from some local fintech startups; namely Shopback and Carousell. In this post, he is pleased to share with his readers about the merits of InvestingNote. What is … [Read more...]

Bernard Baruch – 10 Rules of Investing 

If you ask retail and professional traders alike, most will agree one of our all time favourite trading bible will be: Reminisces of a Stock Operator by Edwin Lefèvre. It's a thinly disguised biography of Jesse Livermore. A lot of trading's popular adages came from that book. If you have not already read it, I would highly recommend it. It's not your typical trading book. I promise you … [Read more...]

Headless Chicken

In the world of trading, I've learnt from painful experience its better to take a quick and small realised loss than to suffer a conviction sapping and margin eroding unrealised loss. Once I have cut loss; I feel relieved. Money can lose; but presence of mind cannot. Same goes for the investment side of my portfolio. Not taking profit can mess with our minds too. Take for example … [Read more...]

That 2% Trading Rule

It's quite easy for us trading veterans to sniff out whether a blogger is writing from personal experience or just copy paste (more polite word for plagiarism) from some other official sources. To a "bei kambing" or "white paper", since you know nothing, you'll just swallow hook, line, and sinker wholesale. That's until you have chalked up more experience points and now looking back, you'll … [Read more...]

Trading is easy, isn’t it? [20 Nov 16] (Part 1)

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If somebody says his profession is a trader, what will you immediately think of? I believe most people would immediately flash across thoughts of fine dining, fast cars and effortless work. Is this really the life of a trader? If it is so easy, why don’t we all jump onto the “trader” bandwagon? In my opinion, trading or punting without consistent profits and plans is easy but it is not … [Read more...]

Bet you never saw it coming! (Wrong but make money)

Neither did I! Let's not talk theory about Trump's win yesterday. There's enough pontifications and red-faces out there. We know who got it right; who got It wrong... Boy, was I wrong!!! Like the majority of the market, I had a small skin in the game that's positioned for a Clinton victory - long USD/SGD. Nearly spilled my coffee when I saw Trump leading Hillary early in the … [Read more...]