[weekly review] ww18 2018

Thoughts

Wah so fast its 5th month of the year, nearly 50% of 2018 gone! This week was a short and good one because of the mid week holiday and also the leave i took to chillax! I'm currently having too many open positions, and will not initiate new trade positions for the time being.

anyway with a number of positions XD or going to give out dividend, i just wonder what is the view on adjusting the SL to compensate for XD....

Transaction

Raffles Medical. The initiate trade idea was for a reversal play. however after 50days, it was not even profitable and did not pan in my direction, so i stoploss it due to timeframe expiration on 2 May. as you can see, this recently extracted chart. shows price now cuts below the 200ma! i was quite fortunate to escape relatively unscathed then :)

Holdings

China Sunsine. seems okay

Chip Eng Seng. compensate SL due to XD. dunno if this is confirmation biased anot.lol otherwise still okay

CSE global. reversal play still panning out, i also got free dividends!

DBS. retracement! LOL and also compensated the XD... i think it might range for a bit... will see how things pan out!

UOL. took XD, but didn't compensate  because i bought it some time ago. still looks okay but a bit dangerous