Mid-Feb Update

Hi all, mid-term exams are around the corner, so there hasn't been much time for the blog. I am dropping by just to give a quick update.

Recently, my trading account has seen a lower number of trades thanks to the bleak market outlook, economic volatility, and my current experimentation with different methods of screening the companies.

However, I would like to highlight a recent trade I have made on the company: HanKore Environment Tech Group Ltd. Touted as one of the up-and-coming counters on the market, I briefly checked its financials before looking at some technical indicators. Even though MACD showed the beginning of a downtrend, I noticed that 3/14-period Stochastics showed a current undervaluation. Volume traded throughout the day was also strong, with a large number of buyers entering the market to buy at the ask price.

I decided to enter the market based on these factors for a short term investment. As of now, I have sold off all shares of HanKore through a contra trade, and my returns are as follows:

Return on HanKore: 9.01%
Total Cumulative Return on Portfolio 2014: 13.24%

Update: I have also sold off all Ezion shares to make a positive, but negligible return. I have decided to relinquish ownership of the shares for a number of reasons:
1. The stock price moves too slowly for my personal liking.
2. I bought at a high. While there is still much potential upside based on valuation (even those done by brokerages), Ezion's share price has had a track record of not being able to meet, or even come close to the target.
3. Market outlook is bad. Being an oil & gas company, Ezion's share price is very likely to be hit hard by a depression, or a poor global economy. I will revisit Ezion when such a time occurs (forecasted to be this year or the next).