Little Success from Trading Competition

First of all, I am not a pro when it comes to trading. I literally started to back in Feb 2024 with $3k. Then slowly increase to my current investment up to $40k. Due to nature of my work, I am able to sit in front of the computer and watch all the movement of the market trends and candle sticks. Some of you might have known me or have followed me, I am a short term investor as I am not a hungry bear. I am satisfy even if I only made $50-$100 per trade. Some of the month I have done up to 80 trades in a month just doing short selling. I prefered small cap shares as I can get more shares out of it as my capital is limited. There are a lot of shares in my list but the most common shares that I traded the most are A4N, 4DX, ACW, 3DP, LBT, NYR, AIS and lots more to be mentioned.

In this competition, the rules are a bit different. First of all no small cap shares (Anything under $1 are not able to trade). As I said, because of my job nature, I am able to watch the market movement and I know what is their average price. Last competition I didnt win and I know my problem was letting go profitable shares too early (E.g. DRO - I got it at $1.25 and sold too early and it went up to nearly $2.80 before it dropped back down). This competition, the most volatile and profitable I reckon is APX. I have been watching APX when it was only $0.45 back in May and all of a sudden in August it just booms and I got some profit out of it. I still didnt learnt the lesson from last round, sold it too early. I got it around $1 but then sold at $1.30 and it went up to $2 plus. Well, I am a short tem trader and I always do my profit takings. In the end I got APX back in at $2.08 and it starts dropping it back to $1.80s and that reduced my profit by 10% and if I have chosen WHC instead I could have made 10% instead of losing 10%. Thats 20% difference in terms of investment, this is a very profitable in just a matter of a day work. Of course you have to take risk on every shares that you have chosen but as for me, I am more conservatives than risk.

As for real trading, I took a risk on 4DX back in May at $0.54 and have been sitting in my portfolio for nearly 5 months until 3 days ago I am able to make a big profit out of it. I kept it in my portfolio for that long cos I have confidence in this share eventhough it dropped down all the way to $0.41. Luckily they had a great deal 3 days ago and it shot up to $0.62 last Friday before closing at $0.65.

Now, here are a few shares I think it will make a good profit for everyone but before you do any investment, please consider the risk factors and also all these information is all based on my own opinion and will not hold any responsiblities of your own actions. My best bet in the next few weeks are AIS, GQG, JLG, OPT and SPZ. Good luck all traders and happy to share your thoughts with me.

#APX, #DRO, #AIS, #GQG, #JLG, #OPT, #SPZ