Let me share with you what i acc.

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12 years 1 month ago #11212 by cheongwee
Replied by cheongwee on topic Re:Let me share with you what i acc.
How to ride this rally in penny?
Don't buy hold, buy and rotate, take profit as you go about.
for example. I sold Ezion and ChinaMinzhong and put that into ASTI, GMG and etc.
For I believe the 2 counters at this point is heavy, so I rotate the fund into those supa cheap and easily push by BB, and easier to be multi bagger in this rally.
Just ask, can Ezion, or ChinaMinzhong at current px do a double compare to ASTI and GMG and the like? What are the chances?
This is the way you make more money in this rally,
May all prosper

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12 years 1 month ago #11213 by cheongwee
Replied by cheongwee on topic Re:Let me share with you what i acc.
You may get confuse, sometimes, why I said sell,like yesterday, stock to correct, I am refering to those mid cap, Yesterday, I told you that I sell Ezion , ChinaMinzhong this morning.
And I did.
Over the next few days, I hope I m wrong, but I see some deep correction, blue and mid cap like MInzhong may be hit, but not penny.
But for penny , they will most probably immune to any drop in Dow for now.
 

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12 years 1 month ago #11214 by Guest
Replied by Guest on topic Re:Re:Let me share with you what i acc.
but not all penny stocks did rise. Some only a teeny wee bit and then stop there. Wat $ can we make this way? And we dont have that kind of supernatural powers to know which stock they will roate to tomorrow.

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12 years 1 month ago #11216 by Guest
Replied by Guest on topic Re:Let me share with you what i acc.
CW, what price did you sell Ezion and Mingzhong?

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12 years 1 month ago #11218 by cheongwee
Replied by cheongwee on topic Re:Let me share with you what i acc.
Ask not what px to sell? We can never sell at the top, and most of the time I didn't.
But I sell with good profit. I still believe Monday these 2 will come down.Time to take profit for ChinaMinzhong, px action tell me so.
But penny will be immmune . Penny to soar.
And not all will soar for now, and there are no magic formula to find out which one will, as there no such formula, otherwise, I will sell this formula and become rich. Not even top trader have them.
But thro experience, we can roughly tell which one.For example , ASTI, or and GMG, I cannot explain the long side here.
Never mind, eventually all penny will be higher end of Q4,
Penny are easy to push and easy double or triple your money, but so is the risk. TT int, my top perfomer for straight 4 rounds. Although I have losses, but the winning is much much more , since Late May .
If you do not have a risk management, you shd not be in penny.
I may acc Foreland come Monday, I believe abt time.
 

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12 years 1 month ago #11219 by cheongwee
Replied by cheongwee on topic Re:Let me share with you what i acc.
I believe way back, I said something abt Qingmei, someone in the other forum said this is a gonecase, But I add on, buy more.
Today, I m in 20% profit, Wait till you see it at higher px, you will hate yourself.
Qingmei will soar next week I believe u will see foreland soar too.
May u all be well.

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