Spackman - Cut Loss

Longed Spackman 1000 Lots on July 4th and cut loss on the same day with a 1 pip loss since the stock was jammed and couldn't move further after 4pm.

http://stockmarketmindgames.blogspot.com/2019/07/spackman-longed-1000-lots.html

When I longed in the morning on July 4th, it looked as though there was some momentum of buyers coming in to support the stock but all of a sudden, the buy Q depleted and the sell Q swelled tremendously where I decided to just take a 1 pip loss and move on. Although the chart is still at the bottom but as per what I posted on July 4th, I said that this was a risky stock while I was only looking for a scalp trade and should anything turned sour, I was ready to cut a small one. So here it is, a loss. :)

Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - Longed 1000 Lots

Longed 1000 lots of Spackman as the stock was at the bottom and recently the penny stocks seemed to be in play. Although these penny stocks were in play, they were pretty much short lived as it looked more like a 1-2 day break out and then simmer off. I am looking for a scalp trade for this counter and won't be holding it for long since it's a penny stock. If it moved up to another 1-2 pip, I will be taking profits since I know this trade won't last long. Should the stock turned sour, I would look to take a very small loss.

Register for a Free Workshop - How to generate Constant Flow of Trades

Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - Sold 2700 Lots

Sold off Spackman with some small profits. Not the best price or fantastic result but still with profits to survive. Unloaded 2700 lots at 0.045 and 0.044 and the stock got sold down towards the end. Should have sold in the morning but there was too much hope and hence got at a bad price. The whole market is weak today and selling like hot cakes. It's wise to stay prudent to take on the next trade.



Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - Looking to Lock Profits

Spackman gap up in the morning and the whole market is selling down including Thomson Medical which is a bad sign for the market today. Look to unload at the opening price but the price came down real quick. Contra is due today and by right had a chance to unload earlier. I think some greed of one more pip but more importantly for now, hoping to see if price can move back up before selling as the buy queue is stacking now.



Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - 2700 Lots Traded

Traded 2700 Lots of Spackman at 0.042 and 0.043. The stock was in Top Volume and the chart is near bottom. It's a pretty risky trade considering that this is an ultra penny stock. I will look to sell very fast should it move up a little bit more. Spackman released a news today which I think could be the reason why it's in the Top Volume with some movements.

Spackman Entertainment Group
Spackman Entertainment Group said on Friday that Terius Behind Me, the group’s launch into drama production and its first co-produced drama show, led viewership ratings on its 27 September premiere in South Korea.
Spackman Entertainment Group interim CEO and executive director Richard Lee purchased 113,900 of the company’s shares on Thursday for a consideration of S$4,669.90, raising his holding to a 0.013 percent direct stake from no holdings previously.
In a separate filing on Friday, it said Na Kyoungwon, executive director and chief financial officer of the company, last week acquired 26,800 shares in the company for S$1,125.60, for a direct interest of 0.003 percent, up from zero previously. In a separate transaction, Na Kyoungwon acquired 500,000 shares for S$20,500 on Friday, raising the direct interest to 0.059 percent, it said.

Let's see how much and how far more it can run..

Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - She longed 500 Lots Yesterday

The above is not my trade record. It's one of my student who went longed on Spackman a few days back where she bought at 0.091 on the high volume when Spackman was top 1 in the top 30 Volume. It was a risky trade back then because the stock took a simmer yesterday first before it gap up this morning to 0.094. During the day when she longed, the BBs were buying but also at the same time putting down prices slowly to scare retailers as attached in the minute chart. My point of entry would be always when there is some mini/panic selling first before taking a long there. Anyway, congrats to her as the stock gap up today and she locked in profits.

Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - Sold 500 Lots

Just sold 500 lots of Spackman when the stock rose from 0.087 to now 0.091. It wasn't in the Top Volume earlier in the morning but buyers kept biting till price rose and soon after it was rising in the Top Volume. Spackman is not the only penny stock that ran, Mermaid, Noble, Marco Polo, Falcon Energy and many others continue their run as the penny season started a little. I am particularly pleased because I have already conveyed the message yesterday that the penny stocks will be in play soon in my private forum, 1 day before it started today. Congrats to those who managed to scan some good potential pennies.



Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - Collections with 1 Lot Marker

I am super happy that my student was able to scalp and intraday trade Spackman himself using the 1 lot marker and collections strategies which I taught in my program. Longed at 0.108 and sold at 0.112 but with small lots but good for confidence building. I studied the chart and looked for clues and indeed, there was some profit taking followed by distribution before the stock moved higher today.

Spackman then slowly entered into the Top Volume with rising price where most of the retailers then start watching this counter but it's a little too late. I will be sharing more on my 1 lot marker and Top Volume calculation strategies in my private event soon. See you all!



Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - 10% Today

Spackman had a superb 10% run today. By right I should have enter the stock with a super nice chart setup but I was trading something else and hence missed this good run. But well, I am glad that my traders was able to fish out this counter yesterday during the live tuition session. It was a stock with collections and flushes and then the run today was the resultant of what happened the past 4 days. Spackman is the hottest stock today and I hope I can pick another counter for trading tomorrow.

Ronald K - Market Psychologist - A Stock Market Opportunist

A Private Sharing Session by Ronald K - Hot Stocks and Tips Sharing

Conducted a private event yesterday evening and here I thank everyone for attending the talk last evening where I shared some stocks, goals and what's ahead for 2018. 2018 is going to be volatile and tough but with that being said, there lies many opportunities here and there with some growth stocks and some blue chips for swing trading. The recent stocks recommendation on my blog has been spot on with minor mistakes and the recent trades I took had been fulfilling and profitable. Looking forward to more sharing, more tips, more imparting of skills. On a last note, sold Spackman yesterday with a small profits. See you all soon.



Ronald K - Market Psychologist - A Stock Market Opportunist

Spackman - Traded 943 Lots

Just traded 943 Lots of Spackman earlier. Today is the first day of trading and the market seemed bouyant with so much buying activities going on. I saw Kris Energy, Cosco, Chip Eng Seng, Yanlord and many other stocks started to move and since Spackman is near bottom with a gap down, the stock therefore looked bullish and hence gave it a try.

The stock now now trading at 0.10 and am not sure if it can move higher but try is better than not trying when bullish signs are all aligned.



Ronald K - Market Psychologist - A Stock Market Opportunist