Monday, 8 October 2012

What goes up, goes up. What goes down, goes down


Apart from the usual rubbish you'll find here are some stock trading gems.

The big 3's:

1. Uptrend - generally the stock must go up lah



2. Volume - so that the stock is readily tradable lah. If not stuck wan lah.



3. ?????  - the fine tuning to find the winner stock 

So let's say you have some RM 50k.
To maximize profit, you put the whole dough into ONE stock.
To minimize risk, you do some research about the stock.
To maximize even more profit, get a penny stock or even its warrant.

Making profit is simple. Sell higher than the price you bought. Even if it is 1-2 sen.

Stop loss.

I'm not sure to categorize all the above as rubbish or gems. You decide.

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