Stock - had a super run on Tuesday and managed to recoup all the losses and in fact the fund's GLV was showing a profit for the 1st time of 3.8K but today....it was back to sq one. Again GLV was down by 14K by the close. WTF!!!!
The funny thing about investment is that when the market is down....almost all the shares on hand will drop accordingly, more or less. But in up market....sometimes not all will go up accordingly too. Today....all on hands dropped.....shit! and was down by 18K ( most still just paper loss - realised only 3.5+K as kena stopped out for Noble and I also sold off Global Bio-Chem becoz it just broke the support-line )
Now left with 3 stocks on hand. Henderson Inv HK0097, Alibaba HK1688, and SMIC HK0981
and with about 11+K of free equaties. Yes....now need to have big cushion to tahan any wild swing in price.
That is the danger of putting too many eggs in one basket!!!
Can also give heart attack too....esp when the price starts to fall. Every cts....is a couple of grands to me!!!
ReplyDeleteI started today with 19K of free equaties and by mid day I have to think of selling Global Bio-Chem to top-up the free equaties on hand when the share prices dropped.
ReplyDeleteSo now....back to the drawing board to think of a better way to get the best out of the market.
ReplyDeleteKena $500 for 4D but didn't know until I checked on Sat.
ReplyDeleteStill happy...hehe