$FTSE Bursa Malaysia KLCI Index.MY$ Do you guys think today’...
Do you guys think today’s bullish trend will be continued for the week or is just a random rebound that will not continue tomorrow
I need second opinions to make my decision on whether to minimize risk. I am 21, after a few successful side hustles, part time jobs and allowance savings I’ve managed to saved near 30k for investing, YTD i managed to increase my portfolio by around 40%.
for context:
i am a swing trader with majority of my portfolio consisting of malaysian warrants that will expire from December 2024 - February 2025, but within a few days, the recent market crash has wiped out 40% of my portfolio. Now i am pondering hard on whether to sell and cut my losses or hold for a few more months to try and break even since my warrants are not expiring soon.
My warrants are all Gamuda, Sunway and YTLPowr as well, not some unestablished companies, which is what is giving me the confidence to hold longer.
However the thought of potentially losing all my money and starting from scratch if i Hold is also pushing me to cut my losses
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102356510 : 6/8/240 U r a smart trader! I suggest if when yr waarants r not in the money better at this time weed out the lossing a lot of nearly expired date warrants .Only keep the making money in the money with good future stocks warrants.Weed out the bad not in the money durians! U can ask for more advice which may give u more confidence in trading risky n yet very frofitable call warrants.God bless u with good luck.祝你好運！上帝祝福你！加油！