I knew this person, who played Warrant like a boss. Everytime he posted his earning, it was RM 500 profit a tick. For example, this guy bought DIALOG-CC for 0.2 and he sold it at 0.205. Just a half cent raised. This is what we called the swing traders.
How did he do that? Well, if I can be like him, I won't be losing this much now.. Haha.. Well, I believe that I still have a long way to learn but at least, I am trading smartly.
Here's what happened today..
LATEXX: I sold at 1.62 in the morning as I saw SUPERMAX and RUBEREX were going downtrend. Then it went up to 1.67 in the afternoon, and went back to 1.63. What does that mean? Perhaps they want to beautify the chart? I don't know. It was a pretty low volume MACD still showing buy signal. Sorry, I have left the game with losses.
MALTON: Formed a spinning top. However, MACD is showing red. It's a gamble now. Up or down is depending on Dow Jones later. Currently it has a high momentum of uptrend. I hope it continues tomorrow.
I bought at 0.615. Short term TP will be 0.7 while cut loss at 0.56.
Other than these 2, there is no stock I can comment at this moment. Perhaps later will have better signal.
Good Luck.
Dow Jones up 90+ by the way
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