Bought 50 lots of Maoye HK0848 at ave HK$2.04 and 5 lots of FIH HK2038 at HK$7.92.
For local counter....bought 2 lots of UOB at $17.88 near the close.
COunters.....on "Q" but may not get = 50 lots of Golden Agri at 54 cents, 100 lots of Raffle Edu at 37.5 cents, 10 lots of Yanlord at $1.91 plus 10 lots of Straits Asia at $1.98. HK market....100 lots of SMCI at HK$0.77 cents and another 5 lots each of FIH at HK$7.90 and HK$7.88.
Feel that the HK market can benefit from the Chinese Leadership meeting in Beijing plus the fact that the Dow future is also positive. And I was right....a bit too fast with Maoye. Bought the shares and the counter went up to HK$2.12 but I didn't do anything...and it dropped to HK$1.99 and I also just "watch and see". Lost the opportunity to make some money...esp for 50 lots can make more than $500 nett at the tip of the swing for both ways. Well....think I am kind of in "coma" lack of sleep so I cannot think fast enough.
Trading esp swing trading may be a lesser risk way of making fast money.
ReplyDeleteI could be better by more than 1K if I am quick enough with just my Maoye share ( 50 lots ).
Don't think I will continue to cheong the market come next week....still don't quite feel right about the market therefore there are lots of room for them to "drop" if something "bad" happen.
ReplyDeleteMe...think it's safer to hit-n-run with the kind of market.