Tried trading again... Rex went up by a looooooong shot.
Sold it off before the hype died.
Must say this was just pure luck that it went up by so much in such a short time, but yea, learnt how to see the trend a bit. Volume plays a big part in my decision making I suppose. The buying pressure must be on for the price to continue going up.
Earned a good sum in 1 week, and probably used part of the proceeds to pay for "school fees" - sembcorp marine, keppel reit and Citydev. Got short squeezed...
And damn I missed out on Propnex while my money was locked in a money losing trade. Should have chosen that instead!
Anyway, I didn't catch up much with the macro trends this month. Only know about the direct impact to us is the usual - volatility of banks, more job cuts, oil prices, us China tensions, and one that hits home most was the property cooling measures. Should have seen that coming and enter while the news was just released. Entered one day late and got my fingers burnt.
Anyway, here comes the "sell in May and stay away" month. Will be observing the market very closely and try to get my hands on those that fall way beneath. Need to make use of this opportunity to learn how to pick the right stocks. Then again, school fee definitely have to be paid, plus I need to watch out for my emotional decision making.
Also will be collecting some Dividends. Hope that provides some buffer for my trading lessons.
Update #17:
Warchest: 3607.23
Dividends received YTD: 672.86