Traded Nokia

 

Traded Nokia yesterday

Bullish trend and Price Action

significance at brown SMA, maybe 50 sma

one thing to note

maybe when after a few candles there is no spike

can exit the trade

SPCE trading

 

Traded and sold SPCE

the 2nd bar from right, is a bullish pin

sold it at around 31.5

Also nearly traded the above TCHEY

engulfing pattern, at a significant level

but left out 1 criteria. it is not an uptrend. the 200 SMA is not sloping upwards.

So I must always take note of the 3 criterias

uptrend

at significant level

bullish pattern

Change of Candlestick

 Decided to focus on 15mins after trying 5 min charts for a few days

for 15 mins chart, the moving average seems to be respected more

learnings from tesla trade

 I bought only 2 stocks

and the qty place is not well calculated

the simple calculation will be to roughly see where is your stop loss

and where you will sell 

then decide how many lots you want to buy

for example, the stop will be $2 away

I want to place $20 bet, it should be 10 stocks.

also, the bullish signal appear and you enter the trade

if there is no burst of energy upwards

no point staying in the trade

the purpose of the bullish signal is to hint that there may be a rush of buyers in

if it still go side ways, then exit

Tesla trade

 

Bought 2 Teslas here, as there is an bullish engulfing candle at 20 SMA

Entered @ price 649.29

Set both stop and limit order.

But the win ratio is bad

First Trade

 

Bullish engulfing candle at support zone

bought 10 share, at 58.43

sold around 58.5

0.7*10=$7

used a combination of TD and FUTU

TD to analyze, FUTU to trade

Unable to trade at TD because still awaiting approval from W8

3000 FCT

 Bought more FCT today

Many are feeling negative due to the high infection covid numbers

around 180 today

price dropped to around 2.39

still an opportunity to buy

dividend @ 0.12 is around 5%

also thought to myself

if you are a land lord, you want some where that is high traffic and energy

the highest energy is retail, as compared to residential, commercial or industrial

in terms of leverage, I think I am still ok

around $4k buffer in IG account

and I have some cash saved up, will not deploy to pay back the debt from share financing

the longer I delay, the bigger my portfolio will grow during this time of slight discount

previously I calculated after ascenda purchase, the AUM for Singapore shares is around 275k

so after purchasing 5k units of FCT during these 2 days, at around 2.4

total is now around 287k

and also  lian beng might not be able to buy back my shares

so 287k is pretty good, considering I am aiming for 300k