Can Zhao
Singapore
[End of Aug update] It was quite a disappointing month, with the portfolio declining by 1.8% at the time of writing. Trade selections were subpar, and several mistakes were made. Going forward, I will apply stricter stock selection criteria. While the number of trades will likely decrease, the aim is to improve the success rate as much as possible. The market has reached a new high and is currently consolidating, with the technical picture remaining bullish as long as the early August low holds. All positions are protected with tight stop-losses to minimize potential downside. Exposure will be increased if the momentum strengthens. Regards, Can
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