I definitely find it easier to chase momentum and trade popular names. I have done this with mixue and popmart. The IPOs have also been easy to trade as they tend to rise on day 1 and that is a good opportunity to swing trade. However, the risky thing is that sometimes the stock can become over-valued as many investors rush to buy and there are not always many diamond hands. So, I have learnt not to be greedy and would exit early. I prefer to have less profits than to be a bag holder. I normally exit when the price has reached my personal threshold or the absolute profit has reached my satisfaction. Typically, if the stock has run up 15% or returns have hit at least SGD $1000, I would prefer to exit before I get burnt.
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