Start short term trading again

 

I will start short term trading again.

With BABA first, after Adam Khoo has been saying it is under valued, and people are fearful about Chinese stocks.

Will keep a log on this trading journey.

This time I may have a different mind set.

Which is similar to Tan Kin Lian.

The trading positions are quite small relative to the funds.

I have a rough idea how much it can crash, and how much money I can afford to lose.

And roughly how much I can earn from the trade.

current price is 200, and if it can go near 300, then my profit is around $1k.

Not much, but if I keep a log, it may add up to something significant on the long run.

And this stock, if it crashes badly, there will be many more people that are going to get hurt badly.

I do not want the waste the opportunity of buying something that is currently under valued.

Another good thing about having is log is so that I know what are the stocks I want to hold for long term.

Those in the log are not for Buy and Hold.