[caption id="attachment_5034" align="alignright" width="150" caption="Photo by delphaber"][/caption]
The market had a good run in September 10. STI broke 3,000 points convincingly and has not look back since. The market seems to be going for a short pullback the last few days and it may be a good time to get in some stocks during the retracement.
I ended with a S$422 profits from stocks in Sep. Not very impressive but I can only take what the market is willing to give. I have a few counters still under holding and are not shown in the table below. I hope they do not trigger my stop loss and I can ride the trend as long as possible. I also realised that the bigger caps do not give a higher profits despite the chart showing good movement. The good examples are RafflesMG and Sembcorp. I found that stocks around $1 to $2 provide good volatility for trading. Price movements are large enough to give significant profits and but not too much that the risk becomes high.
As you see there is a special odd lot of 600 shares in the table for Ezra. I have covered my encounter with Ezra’s rights issue in another post. Read more...