SKPETRO follow-up

Today , SKPetro has broke below the 1.92 trailing stop set . Thus, profit is taken with a 19% gain.
Lets see whether this is a whipsaw or true retracement. If is a whipsaw, she may close above 2.04 with high volume, then the next trade would be a higher entry point than the 1.92 sold price.
As a trader, we should follow the signal at this moment and not hope for the closing of today as a whipsaw. Action must be activated as the trading plan. If she goes down as per prediction, then we can wait for another buy signal to enter at a lower price than our sold price today.

SKPETRO - A good counter trend trading candidate

Is been a while since I pen down anything. Really need to push myself to record down my trades or analysis.

Just in 2 months time, Skpetro offer 2 trading opportunities. 1 is on 23/Dec/2015, enter at 1.71 and take profit on 7/Jan/2016 (a 15 days trade) to gain profit at 1.89 (a 10%). Not a very outstanding one but a good one indeed.
Then 26/Jan/2016, one more opportunities to enter at 1.61, till now if still follow my sell signal , the trade is open and with a trailing profit of 16%, Lets see how this trade able to give how much % of profit

HAPPY NEW YEAR !!!

Is been 4 months since I wrote anything.

Just pure busy and when there is time, just need to relax.

Well, a new year has arrived. Meaning a new portfolio.

I have a positive returen in my 2015 portfolio though the KLCI index has -5%. 

But it still below my target of 20% compounding annual return no matter KLCI positive or negative.

Thus, I need to revised my strategy a bit to improve further to achieve my target this year.

Currently, I holding Tomypak, Matrix, Sunreit, Pwroot, Century. All in Momentum play except Matrix & Sunreit which I has been keeping for their 6% dividends.

As time goes by , I will change these holding. Will try to update as live as possible. 

Currently, I'm aiming Liihen & Supermx for a good enter position.