Trading Journal
- xmartTop contributor
- Posts : 732
Join date : 2015-01-17
Re: Trading Journal
HEXP: already run from 60 to 90 in 2 months and no real earning other than cash pile from the land deal. there are a lot of promises but I prefer something tangible.
ARPI: very thin liquidity. good fundamentals though.
HSIG: Sector inactive and HSIG sometimes activate with dividends but low liquidity.
AHUN: still in bear phase. moreover, there are better hotels in the vicinity.
GHLL: being accumulated lately. hardcore hoteliers may take a position at 6.50-7.00 for 9.60 (35% return). the trend is not confirmed yet.
- sereneTop contributor
- Posts : 4850
Join date : 2014-02-26
Re: Trading Journal
Thanks Mate.xmart wrote:Thanks, Serene for value addition.
HEXP: already run from 60 to 90 in 2 months and no real earning other than cash pile from the land deal. there are a lot of promises but I prefer something tangible.
ARPI: very thin liquidity. good fundamentals though.
HSIG: Sector inactive and HSIG sometimes activate with dividends but low liquidity.
AHUN: still in bear phase. moreover, there are better hotels in the vicinity.
GHLL: being accumulated lately. hardcore hoteliers may take a position at 6.50-7.00 for 9.60 (35% return). the trend is not confirmed yet.
There is a Typo.
It should be AHPL not AHUN.
- xmartTop contributor
- Posts : 732
Join date : 2015-01-17
Re: Trading Journal
1. Construction
2. Chemical & Pharma
3. Healthcare
4. Investment Trust
5. Land & Property
6. Manufacturing
7. Power & Energy
but the overall market is still not out of the blue and confirm the positive trend.
counter-wise, I will look more into trend confirmations enter
1. CLND
2. COLO
3. GUAR
4. GLAS
5. TYRE
6. SINI
7. TKYO
this screening is purely based on technical ground and will be filtering out outliers who do not check the boxes and possible reduce to 5 counts for midterm trading entry.
cheer!
- pathfinderTop contributor
- Posts : 1450
Join date : 2014-02-23
Re: Trading Journal
- xmartTop contributor
- Posts : 732
Join date : 2015-01-17
Re: Trading Journal
https://www.amazon.com/Trading-Zone-Confidence-Discipline-Attitude-ebook/dp/B004H1TBCG
Trading in the Zone is an in-depth look at the challenges that we face when we take up the challenge of trading. To the novice, the only challenge appears to be to find a way to make money. Once the novice learns that tips, brokers' advice, and other ways to justify buying or selling do not work consistently, he discovers that he either needs to develop a reliable trading strategy or purchase one. After that, trading should be easy, right? All you have to do is follow the rules, and the money will fall into your lap. At this point, if not before, novices discover that trading can turn into one of the most frustrating experiences they will ever face. This experience leads to the oft-started statistic that 95 percent of futures traders lose all of their money within the first year of trading. Stock traders generally experience the same results, which is why pundits always point to the fact that most stock traders fail to outperform a simple buy and hold investment scenario. So, why do people, the majority of whom are extremely successful in other occupations, fail so miserably as traders? Are successful traders born and not made? Mark Douglas says no. What's necessary, he says, is that the individual acquire the trader's mindset. It sounds easy, but the fact is, this mindset is very foreign when compared with the way our life experiences teach us to think about the world. That 95-percent failure rate makes sense when you consider how most of us experience life, using skills learned as we grow. When it comes to trading, however, it turns out that the skills we learn to earn high marks in school, advance our careers, and create relationships with other people, the skills we are taught that should carry us through life, turn out to be inappropriate for trading. Traders, we find out, must learn to think in terms of probabilities and to surrender all of the skills we have acquired to achieve in virtually every other aspect of our lives. In Trading in the Zone, Mark Douglas teaches us how. He has put together a very valuable book. His sources are his own personal experiences as a trader, a traders coach in Chicago, author, and lecturer in his field of trading psychology. My recommendation? Enjoy Douglas's Trading in the Zone and, in doing so, develop a trader's mindset.
- sanjulanka
- Posts : 180
Join date : 2015-10-29
Re: Trading Journal
- xmartTop contributor
- Posts : 732
Join date : 2015-01-17
Re: Trading Journal
1. CLND: still in the long trade. retest of 25 on the card.
2. COLO: solid performance. consolidation. likely to go up again in trending market.
3. GUAR: Exit at 78. sideways movements
4. GLAS: Exit at 4. sideways movements
5. TYRE: Still within bull range. loss of momentum. possible upward movement with trending market.
6. SINI:dead
7. TKYO: solid performance. consolidation. likely to go up again in trending market.
further to that updates on few interesting counters.
8. LIOC: downturn resume. but given fundamental values and crude oil prices. this might bottom up soon. 15-16 is good point to accumulate. risky counter
9. SCAP: downturn resume. no upward momentum. like LIOC 4-5 is good for collection for rainy days.
10. AEL: Still within bull range. loss of momentum. possible upward movement with trending market.
11 KCAB: despite cu price drop showing no bull power. volume down. possible ranging condition
12. ACL: despite cu price drop showing no bull power. volume down. possible ranging condition
13. PARQ: solid performance. consolidation. likely to go up again in trending market.
14. CDB: good grace. despite the market condition, CDB is trending up and likely to challenge 100 figure. no sign of weakness still
15. CFVF: despite the market condition, CFVF is trending up after breaking consolidation box. but likely to retest the breakout top, 54 in low volume condition.
cheer!
chutiputha likes this post
- Topcat
- Posts : 117
Join date : 2019-07-25
Re: Trading Journal
- xmartTop contributor
- Posts : 732
Join date : 2015-01-17
Drones attack world's largest oil refinery in Saudi Arabia
not only in SL, oil is major political sensitive commodity. oil is in downtrend as we know. which will bring plastic, synthetic rubber prices down. which is good for industries like APLA, REG, ACME but bad for rubber plantation and companies like REXP, DIPD. oil is very much correlated with economy, trade war, politics and all. but LIOC at the moment attractive for mid term target. high risk but upside potential is also high.
- ruwan326
- Posts : 1744
Join date : 2016-09-29
Age : 45
Location : Horana
Re: Trading Journal
Topcat wrote:Thanks X. I dont think lioc is a risky counter in these price levels. Good in mid term.
ToP cat, what you think about remaining 14?
- Topcat
- Posts : 117
Join date : 2019-07-25
Re: Trading Journal
I am accumulating in these prices...ruwan326 wrote:Topcat wrote:Thanks X. I dont think lioc is a risky counter in these price levels. Good in mid term.
Tod cat, what you think about remaining 14?
- CKActive Member
- Posts : 1393
Join date : 2015-11-01
Re: Trading Journal
- smallvilleTop contributor
- Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..
Re: Trading Journal
Wonderer and dmap-dissanayake like this post
- Wonderer
- Posts : 18
Join date : 2020-08-10
Re: Trading Journal
- The Invisible
- Posts : 3116
Join date : 2016-11-28
Age : 44
Re: Trading Journal
කිත්සිරි ද සිල්වා and Wonderer like this post
- smallvilleTop contributor
- Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..
Re: Trading Journal
- The Invisible
- Posts : 3116
Join date : 2016-11-28
Age : 44
Re: Trading Journal
- xmartTop contributor
- Posts : 732
Join date : 2015-01-17
Re: Trading Journal
It has been awhile. hope everyone and everything is fine with you. I withdraw myself from SL capital market before the big crash and took my money elsewhere as i was talking about it sometime back. anyway, equity market was my passion and lifeblood. i have an undying passion for equities (though how much they are manipulated in current context), and i believe long term wealth still can be built on capital investment.
I view of above, i will move into SL capital market slowly with different approach and hence actively participate here.
godspeed all!
First Guy, කිත්සිරි ද සිල්වා, pathfinder, Leon, subash, sanjulanka and NIRMALSG like this post