Wednesday 12 September 2012

How come i am so busy...... :(

It has been a frustrating week as i missed out on a few trades due to a very busy week... :(

These were for counters i were seriously contemplating for a long trade but I put them off due to back-to-back meetings. Perhaps I should have just bite the bullet and trade them!

Monday - Wanted to do an arbitrage trade on F&N since the buy back is at $8.50 (this one rank second)
Tues - Wanted to buy Yanlord at 1.16 yesterday (this is the biggest regret. hahaha).
Wed - Wanted to buy UOB at 19.30 this morning. (this one is expensive...)

Urggh...maybe tomorrow the heartache will be Sarin? I have a day full of meetings tomorrow...sigh.

I quite like the set up for Sarin but the liquidity is really too low for my liking. This is a counter trend trade, thus the cut loss will be tight, below the recent low and target will be around 98-100. :)


1 comment:

  1. Sometimes it is difficult to tell which counter is the right time to go in at this uncertainty period. Me too lost the chance for Yanlord, STXOSV and Ezion. This is life for a small fish like us in this big market with all the speculation. Ha Ha, just laugh over it may be tomorrow will be better.

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