To The Moon

My Quick Trade on UOB and Why I Am Positioning for the Next Move 💼💰

My Recent Trade

I recently executed a short-term swing trade on UOB, one of Singapore’s strongest banks. On 15 August 2025, I bought 100 shares at S$35.260, deploying around S$3,526 of capital. A week later, on 22 August 2025, I sold those shares at S$35.310, collecting about S$3,531. The difference may look small on paper—just S$0.05 per share—but with 100 shares, that translated into a quick S$5 profit before fees. For me, the principle is simple: every small gain compounds over time, and with consistency, even these modest trades become meaningful.

Why I Am Queuing to Buy Back Lower

After selling, I immediately queued to buy back at S$35.00. The logic is straightforward: if the market retraces, I want to re-enter at a lower price and position myself for the next swing higher. For example, if my order at S$35.00 is filled and the stock climbs back to S$35.30, I can sell again, this time for a S$0.30 per share gain, or S$30 profit on 100 shares. The more times I execute this type of cycle, the faster my capital snowballs.

Observing the Price Action

What makes this strategy attractive now is UOB’s recent movement. The stock recently touched a low of S$34.90, which signals that there is a high chance of further pullbacks or reversals before any strong upward trend. This level gives me confidence to place my buy orders lower and be patient for the market to come to me. Banks, especially UOB, tend to trade in predictable ranges, and by respecting these price zones, I can step in when fear drives the price slightly down.

Dividends and Timing

Another factor supporting my approach is the dividend schedule. UOB typically pays dividends only every six months, and the next dividend is still quite a while away. That means I don’t expect the stock to shoot up purely on dividend demand in the short term. Instead, I anticipate there will be more fluctuations and trading opportunities before dividend season arrives. This window allows me to focus on trading swings, booking profits from volatility, and then eventually enjoying the dividend when the time comes.

My Wealth-Building Mindset

I see this method as a disciplined way of building wealth. I may only be trading 100 shares at a time now, but the system works just as well with larger lots. If I were trading 1,000 shares instead of 100, that same S$0.30 swing would bring in S$300 per cycle. Repeating such trades multiple times a year would compound into thousands in profit, all while holding one of Singapore’s most stable banking giants.

💡 My philosophy is simple: take what the market gives, lock in profits, and always be ready for the next reversal. By buying low, selling higher, and patiently re-entering when prices dip, I allow the natural volatility of UOB to pay me consistently. With dividends still months away, the real opportunities lie in these short-term trades, and I intend to maximize them

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