Tiongwoon

25

January

I did not have much time to post long emails discussing my strategy however I’ve sent out some friends my purchase of Tiongwoon at $0.235.
My rational of the purchase was that Tiongwoon appeared to be basing and if I keep it at least for 1 year it could reward me as multi bagger.

 

The reward is so tempting (see above monthly chart) and I just entered my 1st batch of purchase.

 

As for technical reading of my entry: RSI divergence.


My market confession

22

January

If you recently have made millions out of your property investment, don’t count yourself a property guru yet as you could just be lucky to be sitting on the plot of property booming cycle. Similarly you could be making millions out of your stock market just because you are lucky to be awarded stock options during the bull market boom. That happened a lot to google employee and others during the dot com era.

A good investor is not always measured by one time excessive gain but it shall be measured by continual return of his investment over various type of circumstances. An example if you are a property investor and earned a windfall through enblock sale, you could still be making good investment return with new purchases. To do this it requires good analysis and timing which you could have defined as your investment strategy unknowingly.
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Happy Chinese New Year

22

January

In this New Year,
I wish you the best year you’ve ever had,
and that each New Year
will be better than the last.
May you realize your fondest dreams
and take time to recognize and enjoy
each and every blessing. 
Happy New Year,
And many more!