Wednesday, February 24, 2010

Making $ from Coastal Contract

Well, It's a very happy day for me few days ago as my Coastal paid off.

Buy RM 1.90, Sell @ RM 2.25.... Not a lot, but more then 10%....

How to buy share? Timing.... Certain shares is always up/down at a 3 months cycle... Why? when their financial statement is announce on end of Feb, end of May, end of August and end of November.... It's time to SELL!

Buy those counter that the company is making solid money, such as RCECAP, KFIMA, COASTAL, etc.

Buy at low tide.... where the volume is very low... (meaning nobody wanted to sell anymore), sell at high tide (meaning a lot of people wanted to BUY/SELL).

It's easy, all it takes is time and money (capital).

Happy Trading (investing)

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