My lesson to share in share market trading (being burnt lately):
Lesson 1: Never trade a sudden volume spike stock. Never follow the green volume spike unless it's CERTAIN and CONFIRMED. Else, will be like me getting stuck in the share. If don't want to get stuck, then cut lost.
Lesson 2: Never trade dead stock. (what does dead stock mean? no trading or traded in a pathetic low volume stock. If there's a sudden volume spike, refer to lesson 1). Once you get in, probable you can't get out.
Lesson 3: Never trade beyond your purchasing limit. Although you can buy shares at beyond your own personal credit limit and gain a lot more $ by contra them (trade in between 4 days without paying single cents), you are exposing yourself in greater lost as well because you do not have the buying power to pick up the shares if something goes wrong (If you happen to face the Lesson 1 and Lesson 2 situation, then you'll know how painful it is).
Lesson 4: Greed do come with a price to pay. You can be greed IF and ONLY IF it is certain that the share will rise even higher than your expectation.
Will update more!!! Or do share with all of us if you have more comment.
Sep 5, 2009
Sep 3, 2009
Buy Your Future Today
Reminding for all the guys and gals, this month of September will be your another chance to enter the market and pick up some good stocks. Buy them in this month and you'll be glad at the end of the year or maybe 3 years later you'll be amazed that your stocks have gained more then triple. Pick up any US market hot and cheap stocks this month. When the market is in bloody red, don't hesitate and don't fear that you can't get the lowest price. We can't always get the lowest price however the price you are getting this month definitely will be the best price over the next 3 months.
There are a few good and hot stocks recommended by myself for you guys to buy in. They are cheap and yet fundamentally strong.
- Citigroup Inc (C)
- CIT group Inc (CIT)
- AIG (AIG)
- Las Vegas Sand Corp (LVS)
- MGM Mirage (MGM)
- Sirius XM Radio Inc (SIRI)
- Ambac Financial group Inc (ABK)
Do have a look into these stocks as they have the potential to grow into a few times bigger (hopefully I'm right and everyone can make profit from these).
There are a few good and hot stocks recommended by myself for you guys to buy in. They are cheap and yet fundamentally strong.
- Citigroup Inc (C)
- CIT group Inc (CIT)
- AIG (AIG)
- Las Vegas Sand Corp (LVS)
- MGM Mirage (MGM)
- Sirius XM Radio Inc (SIRI)
- Ambac Financial group Inc (ABK)
Do have a look into these stocks as they have the potential to grow into a few times bigger (hopefully I'm right and everyone can make profit from these).
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