Sakari   

Sakari

That was quick, it is now 1.47 after hitting 1.41 low today.

 

moving up again

 

Ok lah....no fish, prawn also can lah.

iPunter      ( Date: 21-Aug-2012 22:29) Posted: Probably 1.26 may be a good price to buy... say, in 1 month's time...  But no one can predict... wanglausern      ( Date: 21-Aug-2012 22:01) Posted: 1.1

 

no need to see so far down. 1.42 and 1.37 is a strong support.  

 

Probably 1.26 may be a good price to buy... say, in 1 month's time...  But no one can predict...

wanglausern      ( Date: 21-Aug-2012 22:01) Posted: 1.16 alexloh      ( Date: 21-Aug-2012 21:34) Posted: Any idea wad price does  Sakari may fall to before it stabilise???

 

1.16

alexloh      ( Date: 21-Aug-2012 21:34) Posted: Any idea wad price does  Sakari may fall to before it stabilise???

 

Any idea wad price does  Sakari may fall to before it stabilise???

 

 

1.455 cleared ...

 

Ouch, Sakari hit 1.455 already ... but I think it's still have some room to go down before buying resume.

 

Yes... both sifus are right...

    If one's entry point is a duly studied one, one can immediately tell that things

        are not well by what happens the moment after we enter a trade.

            So thus, the exit decision is the easiest thing for an experienced trader to do...       

chartreader      ( Date: 17-Aug-2012 16:45) Posted: good move. from my experience, entry price is very important. once we enter at the wrong price, the trade we have is as good as a losing trade already. cashiertan      ( Date: 17-Aug-2012 16:22) Posted: This counter i already cut my position yesterday when i sense it is not going well.  My strategy is not really swing trade btw

 

it is not really anything, this trading sense is acquired from trading   for years. sadly i noticed not everyone can acquired this trading sense even trading for years or decades, however some have this trading sense every fast. it is talent i will say.

for me, my talent is just average or below compared to many successful traders. it is also this sense that allows some traders to cut lost faster and squeeze more from trades.

However, it is already profitable if one without " trading sense" trade according to proven trading strategies. as such,   out of 5 trades thou usually i make 2-3 losing trades but my trading account still grew every 5 trades etc.  

 

good move. from my experience, entry price is very important. once we enter at the wrong price, the trade we have is as good as a losing trade already.

cashiertan      ( Date: 17-Aug-2012 16:22) Posted: This counter i already cut my position yesterday when i sense it is not going well.  My strategy is not really swing trade btw

 

This counter i already cut my position yesterday when i sense it is not going well. 

My strategy is not really swing trade btw  

 

Your entry price is at the high side if your intention is for a swing trade, which will make you vulnerable to a shake out when the stock operator run this down. Though nobody can't say for sure, my guestimate based on chart is it can revisit support area around 1.2x if market becomes very bearish after the recent rally, before moving higher. Can you stomach a 20% swing? I'm planning to enter for a swing if I see support confirmation ard 1.2x.

cashiertan      ( Date: 16-Aug-2012 16:35) Posted: i made a fundemental mistake of not checking for volume before entry for this counter. i assumed the volume is good like other counters i entered. market will punish fast and furious.

 

You may consider to cut lost and get back when it is lower or just simply stay on. I believe after some minor correction, it will  resume the rebound toward 1.9.  It depends  which is more  comfortable with you.

To share my own experience, I went in @1.36 in June but did not took profit when it hit 1.5 and has to cut lost at 1.3. But luckly, I brought back @1.25 beliving it will resume the rebound. When it started to fall on Monday, this time round, I manage to lock in the profit @1.465 (almost the day lowest) after learning from the previous trading.

This counter will be a good for sharping your trading skill during this period.

Good Luck.

 

i made a fundemental mistake of not checking for volume before entry for this counter. i assumed the volume is good like other counters i entered.

market will punish fast and furious. 

 

I'm still waiting for the volumn to return, good luck!

 

entered some position at 1.52. 

 

For newbie first lesson to learn is "Do Not Chase".... Buy low sell high

tallwisdom      ( Date: 14-Aug-2012 14:36) Posted: i'm newbie. Is Sakari worth buying for dividend or too dangerous to long? Pls advise any one.

 

Been going up for some time.  BBs will try to unload for profit.

Good to lock in profit and wait for the next retreat.

 

 

oldflyingfox      ( Date: 14-Aug-2012 16:26) Posted: I don't treat this counter  as dividend play but as a trading play for recovery after the fall from 2.66 to 1.16 (feb to jun). I think it may reach 1.9 eventually. I locked in the profit @1.465 yesterday during the fall but regreted now. I may have to go back in at a higher price.