Markets Correction!

Was it just plain lazy? Me? Yes? Or no? Haha ...of course not ... I guess I have been just too caught up with making money.

The market is now giving me a break. For the last couple of days, the onset news of China tightening its liquidity policy & Obama's proposal of sweeping restrictions on banks, markets have been tumbling all over. These two giants have surely stirred panic & send the stock markets on a red alert.

Well, anyway, it's good when things are getting too expensive. When the correction is over, many will be able to go shopping in the stock market & pick up good stuff again.

By the way, trading, be it to long or to short, it is always going in a cycle. So for now, I am taking it slow & looking forward to celebrate my lunar festive seasons.

Online Trading

Lately, I have not been writing. Not that I have nothing to say. In fact, I have many things on my mind but just that I am quite reluctant to pen them before I am able to sort them out properly.

The recent volatility in the stock market has been something for me. It has kept me rather busy away from my blogging. Of course, the good thing is I am making money. The time I have spent to study the market, reading up more widely, keeping in touch with trading friends & monitoring my portfolio has been fruitful.

These days, online trading is becoming an in-thing. I guess it is due to the increase convenience of IT & that more people are either out of their jobs because of company restructurings or because they are able to make more income from trading than keeping a full-time day job & thus decide to give up their salaried job.

Anyway, the point I want to make here is if you choose to trade it will be advisable to adopt a trading strategy. You can pick it up either by attending a course or learn it online by yourself or read up from books. Never trade by merely following instinct or just because some people tell you to buy or sell a certain stock.

Remember, at the end of the day, you are investing your hard earned money or savings so you are the one solely responsible for your own decision. Whether be it a right or wrong decision.

Market Rebound

A latest rescue plan that would inject billions of dollars into troubled banks in an attempt to restore confidence in the financial system has indeed let the Asian markets rebounded today.

I am sure all those who were holding short positions would have closed them off & taken profit by now after accumulating their profit for a period of time since the market turmoil started some months ago; and also be laughing their ways to the banks. Bargain hunters with watchful eyes, I guess, must be doing their calculations to enter the market anytime now; if not this morning.

Global shares rocket on fresh government intervention - Top Stories - MSN Singapore News - News

Nice To Be Back

Nice to be back. Has been a bit tied up these few days. The recent upward oil price has become a common talking topic of many people. Are you busy managing your stocks portfolio lately? I am. Swimming with the sharks & looking out to pick up some crumbs along the way.

Market rebounds today. Managed to grab any good deals? Yes, I believe you must have made some too. Trading direction has for a while become quite confusing actually. Trade with care if you are in.

Cheers