Monday, March 6, 2017

TRADE AND TRADE

I attempted a quick trade on 3 Mar 2017 on one of the top volume stock during trading hours. When the stocks markets closed, I made profits. Today, the stock continued to run, giving me more profits in the same stock. Was I delighted? Of course and while one usually think of it’s the monies that would make me and investors in the green happy, I would say I am delighted because of my trading strategy which delivered. And this is a trading strategy which I am currently exploring; a trading strategy which does not belong to the safer dividends and low-risk approach which I more frequently advocate in this blog. And thus I don’t really want to advocate in this blog because when it comes to momentum trading, one should know when to take profits when “the partying stops”.


The above strategy and trading is to satiate the adventurous streak in me as an investor. It would be boring otherwise to buy all 100% dividends Reits or business trust. Hence I will always like to advise investors to have more percentage of your portfolio is good dividends stocks and have some percentage to do some good momentum trading, not speculating but with good trading skills of course. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

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