thoughts
this week was not only busy for me but was also the first time so many of my counters got stoploss out. i am glad i put a trailing stop loss... because i cannot imagine the amount of damage on my liquid assets. this episode really underlines the importance of having a stoploss. my current holdings left with AEM only which is holding well.... so i might as well write a review of my holdings.... my subsequent plan will be to identify fundamentally strong counters to enter when there is a setup...
transactions
centurion. hit my stoploss, exited.
yongnam.hit my stoploss, exited.
krisenergy.hit my stoploss, exited. reversal failed.
ho bee land.hit my stoploss, exited.
starhub.hit my stoploss, exited break my initial stoploss.... unfortunately the sentiments could not help it break above the $3 mark..
mapletree GCC.hit my stoploss, exited totally... initially i exited leaving 20% then subsequently exited everything.... overall profit for this position is $2.4K and also about 960$ worth of dividend. will come back to scoop more then the price is right.
global investments. Exited. didn't hit my SL but i have been holding the position for sometime with a sizeable position... money is deployed else where.
Concluding
The sentiments from the general market at large has affected all counters on SGX... I am sure even though fundamentally good counters were affected. I have been shortlisting strong companies, and will be eyeing their counters for entry! with most of my assets in CASH.... it is time to do all the research and wait for the opportunity to enter!
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