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2009-11-03

OilCorp - Luck Is Needed In Share Investment
























Today OilCorp suddenly jump 34.6% to RM0.175 and I just sold my share at RM0.170. It was luck to make this profit. I had buy in into OilCorp at 29 Sept at RM0.17 and after that the share price is drop more lower so at 26 Oct I brought again at RM0.125 to make it my average around RM0.143.

It was lucky to sale on today to take some profit. Sometime luck is needed to make profit in share.

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Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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