Ming Jong Tey
Independent Analyst
Did you catch any big move to the upside?
Malaysia market: TASHIN went up 60% (from 0.52 to 0.83) since I covered in the video on 11 Apr and I just took profit on Friday. MMCCORP up little bit but I didn’t bother to wait for this stock hence end up as minor loss. JAG & QES (covered in the video on 25 Apr) up about 5% and they are still looking great, likely have more upside to come. SAMCHEM up about 16% since I covered in my video on 18 Apr.
US market: MCD, SBUX, YUM up about 4–10% since I covered in my video on 28 Mar. These are little gain since it is their nature but the Reward to risk are great. If you trade option, the reward would be handsome! COF & LPLA up about 6–11% since I covered in the video on 11 Apr, not too shabby. CG, COTY, IPG, MET up range from 2–8% since 18 Apr.
Most of the US stocks I covered is not extremely high beta (apart from the Bitcoin related stocks like MARA) as the low volatility stocks are favored by the market since the sector rotation.
What about those losing trades or those not performed?
I’m glad you asked. There are some stocks not performed, break even or even went down. If I bought them, likely there are a few ways to handle:
Not performed or break even: As long as the trades are still valid, I will hold them unless I find other better opportunities. So, most of the times, I will exit and switch to other opportunities.
For those that went down, they will trigger my stop and exit. Also I will exit earlier if I spot early warning and failure of the price structure.
Manage your Stock Portfolio
Look after your risk & downside and your upside will look after itself. Cut your losses short and let the winners run.
That’s how to achieve favorable reward to risk ratio, e.g. whenever you win, you win more than your losses. In the long run, you will be profitable and this is the edge as a trader.
In short, review your stock portfolio daily and manage them (adjust stop or exit) if necessary. Watch out for unusual volume and see if the price structure is still intact, etc…
Ultimately this is how you can maximize your profit in your stock portfolio.
Manage Stock Watchlist
Review your watchlist daily and look for potential trading opportunities. If you are like me, you will find that the watchlist is getting bigger. So you will also need to tidy up the watchlist and trim down those no longer have valid structure (e.g. if you are looking for long, remove those that are in obvious downtrend).
Ideally, the stocks within the watchlist should be either:
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Can be executed at the market price or
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Require some more time to let the structure unfold and trigger your setup, e.g. a reversal signal or a breakout signal.
Watch the video below to find out how to analyze and qualify potential stocks with price and volume analysis and monitor them in your watchlist:
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Editors’ Picks
EUR/USD appears supported by the 200-day SMA, for now
Following an early pullback to multi-week lows near 1.1670, EUR/USD now manages to reclaim the 1.1700 region as the NA session draws to a close on Monday. The steep retracement in spot follows the equally strong move higher in the US Dollar, as investors continue to assess the geopolitical landscape in the wake of the US and Israel attacks on Iran.
GBP/USD hits new yearly lows near 1.3300
GBP/USD adds to the recent bearish tone, approaching to the key 1.3300 support to reach fresh YTD troughs against the backdrop of the robust performance of the US Dollar. Indeed, Cable’s decline comes amid the firm demand for the safe-haven space in the wake of the US and Israel attacks to Iran.
USD/JPY: Japanese Yen remains depressed vs. USD amid Middle East tensions; lacks follow-through
The USD/JPY pair catches fresh bids at the start of a new week and climbs back closer to last week's swing high, though it lacks follow-through and remains below the 157.00 mark through the Asian session. A coordinated US-Israel military strike on Iran marks a dramatic escalation of geopolitical tensions and unsettles global markets.
Editors’ Picks
AUD/USD trims losses, targets 0.7100
AUD/USD manages to regain composure and trim a big chunk of the earlier drop, re-shifting its attention to the 0.7100 hurdle ahead of the opening bell in Asia. The pair’s decline follows the marked improvement in the Greenback, which is in turn propped up by safe haven demand on the back of the deteriorating geopolitical scenario in the Middle East.
EUR/USD appears supported by the 200-day SMA, for now
Following an early pullback to multi-week lows near 1.1670, EUR/USD now manages to reclaim the 1.1700 region as the NA session draws to a close on Monday. The steep retracement in spot follows the equally strong move higher in the US Dollar, as investors continue to assess the geopolitical landscape in the wake of the US and Israel attacks on Iran.
Gold eases some ground, approaches $5,300
Gold now surrenders part of the earlier advance, reshifting its attenton to the $5,300 zone per troy ounce at the beginning of the week. Indeed, the yellow metal’s firm performance appears propped up by incresing geopolitical jitters in the Middle East, which at the same time fuels the demand for the safe-haven space.
Ethereum Price Forecast: BitMine lifts ETH holdings to 4.47M, Lee predicts geopolitical impact on markets
Ethereum (ETH) treasury firm BitMine Immersion (BMNR) bought another 50,928 ETH last week, sending its stash of the top altcoin to 4.47 million ETH worth about $8.9 billion at the time of publication.
The Fed is finally talking about AI – Here's why it matters for the US Dollar Premium
AI is moving from earnings calls into the heart of monetary policy discussions, forcing Federal Reserve officials to confront a new question: How to act if AI reshapes inflation, employment and interest rates at the same time?
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