I didn't include my April end of month performance into my previous post, because I wrote the previous post on 25th April, while there was still another trading day left on 30th April.
Anyway I traded on 30th April and ended up with a loss, which is unfortunate.
I realized I am a bit aggressive and reckless when it comes to buying
And super disciplined when it comes to selling
Thus in a bear market like this, I end up chasing high recklessly and kept cutting my losses.
However at least I ended April with a small profit, and a small decrease in the loss of my overall portfolio
Last month I said before, March would be my last loss making month, that would be my main goal this year.
April ended with RM 2,041.61 profit, I am so happy :)
Five more months like this I am going to breakeven !!
Also, I posted last time on 21/12/2017, to guess the performance of a few stocks that were uptrending taht time, let's see how the overall performance is haha
By the way I did not do much in dept research in those stocks, all purely buy based on the trend line and just for fun
To see the post about the testing game, click here
Buying Prize = Closing prize on 21/12/2017
Selling Prize = Closing prize on 31/4/2018
% Profit/Loss = (Selling Prize/Buying Prize -1)*100
1.) Notion
Buying Prize = 0.68
Selling Prize = 0.555
% Profit/Loss = -18.38 %
2.) Johan
Buying Prize = 0.39
Selling Prize = 0.235
% Profit/Loss = - 39.74 %
3.) KAB
Buying Prize = 0.29
Selling Prize = 0.225
% Profit/Loss = - 22.41 %
4.) CUSCAPI
Buying Prize = 0.555
Selling Prize = 0.375
% Profit/Loss = - 32.43 %
All of them ended with a loss as expected
Main reason is that mid and samll cap stocks were ditched by all the big money in the first quarter of 2018
That is also one of the big reason why many retailer find the first quarter so challenging despite KLCI trending up and breaking new high
So this tells you that, you will never know what is gonna happen in the market !!
Anyway I traded on 30th April and ended up with a loss, which is unfortunate.
I realized I am a bit aggressive and reckless when it comes to buying
And super disciplined when it comes to selling
Thus in a bear market like this, I end up chasing high recklessly and kept cutting my losses.
However at least I ended April with a small profit, and a small decrease in the loss of my overall portfolio
Last month I said before, March would be my last loss making month, that would be my main goal this year.
April ended with RM 2,041.61 profit, I am so happy :)
Five more months like this I am going to breakeven !!
Also, I posted last time on 21/12/2017, to guess the performance of a few stocks that were uptrending taht time, let's see how the overall performance is haha
By the way I did not do much in dept research in those stocks, all purely buy based on the trend line and just for fun
To see the post about the testing game, click here
Buying Prize = Closing prize on 21/12/2017
Selling Prize = Closing prize on 31/4/2018
% Profit/Loss = (Selling Prize/Buying Prize -1)*100
1.) Notion
Buying Prize = 0.68
Selling Prize = 0.555
% Profit/Loss = -18.38 %
2.) Johan
Buying Prize = 0.39
Selling Prize = 0.235
% Profit/Loss = - 39.74 %
3.) KAB
Buying Prize = 0.29
Selling Prize = 0.225
% Profit/Loss = - 22.41 %
4.) CUSCAPI
Buying Prize = 0.555
Selling Prize = 0.375
% Profit/Loss = - 32.43 %
All of them ended with a loss as expected
Main reason is that mid and samll cap stocks were ditched by all the big money in the first quarter of 2018
That is also one of the big reason why many retailer find the first quarter so challenging despite KLCI trending up and breaking new high
So this tells you that, you will never know what is gonna happen in the market !!
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