Friday, November 2, 2018

Rex Intl - 1000 Lots Traded

The market is so flamboyant today with so so many stocks running and outperforming. Virtually most of the stocks ran like Hi-P, AEM, DBS, OCBC, Citydev and many others. I was as usual having busy meetings and missed most of the actions but nevertheless I am pleased with such trade records from a student who traded Rex Intl and made a 2 pip profits of $2000 today. While the market is mostly blue chips running, it pays to be vigilant to see the surrounding stocks to scout for gems. Rex tried to run today and it shot up to 0.085 before taking a simmer. It tells you that the penny stocks were not ready yet and the blue chips were in command. Hence, profits were locked in while rotating to another counter. Congrats !

Ronald K - Market Psychologist - A Stock Market Opportunist