Forever 28~

Recently I started to invest my money in share market in May 2009. So, I am still a newbie and have tiny hope on the share market. My target is to earn RM100 or above every week. I start my investment by investing the money to those penny shares (share value that less than RM1/ unit). I bought few lots (1000 units/ lot) of share in a time and then sell the share within three days (they said this is called contra) when my target earning is achieved. Normally, I set my target price in the Maybank system every morning and then the system will automatically sell off my shares when my target is matched.

So, this sounds very simple and workable, right? But, I am always careless and forgetful. I bought few penny shares last Monday, and then I forget one of the shares. So, I didn’t set target or monitor on that share. The share increased to my target on Wednesday but I only noticed that I own that share on Friday! My goodness, at that time, the share is dropping! I encounter lost now!

There is always a more risk when we play the penny shares than blue chips. I am not saying blue chip will always increase but at least it is stable. Just cross my finger that the share will be increased on Monday. I definitely will sell it as soon as possible, haha!

Anyone of you have good advice in share investment?