Share Daily 25/09/2010

I was very happy receiving a message from a reader to discuss

investing strategy today. I am looking forward to his continuous

visiting and comments on my blog. 

 I believe everyone has individual model with continuous

 income generating. My blog is only for reference and can’t be

considered as a formal financial advice of any kind.

My investing philosophy:

1 – Avoid losing money in each single trade.

2 – I intend to complete each trading in less than 3 months

    With 20% to 30% profit.

   To be honest, I am not that confident to hold mining shares

for a long time. When I buy a share, it is out of my capacity

to expect over 100% return.

  However I have enjoyed trading experience with over

   average 20% Profit for a few years.

SLR – I can see beautiful accumulation pattern in this week and expect

Keeping  pace up to $2.8 in a short term.

DML – is still looking strong.

Share Daily 24/09/2010

Initial Fund			15/08/10		$50,000.00
Current Balance			24/09/10		$63,761.25
			Cash:		12991.25
			Stock's value:		50700.00
				Dividend:		70.00
Total Retun from 15-08-10:						27.52%
The Australian sharemarket ended a three-week winning streak.
Bought SLR@2.48
GUF - One of the major risk in share trading is the dishonesty of
management team. Unfortunately GUF is going into uncertainty
next week.
Current Holding
Share		Price	Date	Qty	Fee	Sum	Profit/Loss
RKN	Buy	2.150	2/08/10	2000	19.95	4,320	480.05	12.7%
	close	2.400	24/09/10			4,800	plus 3.5c divd
EXS	Buy	0.460	18/08/10	10000	19.95	4,620	730.05	15.8%
	close	0.535	24/09/10			5,350
EQN	Buy	4.970	20/08/10	1000	19.95	4,990	410.05	8.2%
	close	5.400	24/09/10			5,400
DML	Buy	0.930	23/08/10	5000	19.95	4,670	1,280.05	27.4%
	close	1.190	24/09/10			5,950
SLR	Buy	2.260	6/09/10	2500	19.95	5,670	630.05	11.1%
	close	2.520	24/09/10			6,300
CUE	Buy	0.330	9/09/10	10000	19.95	3,320	230.05	6.9%
	close	0.355	24/09/10			3,550
SMR	Buy	0.950	10/09/10	5000	19.95	4,770	380.05	8.0%
	close	1.030	24/09/10			5,150
GUF	Buy	0.375	15/09/10	20000	19.95	7,520	380.05	5.1%
	close	0.395	24/09/10			7,900
SLR	Buy	2.480	15/09/10	2500	19.95	6,220	80.05	1.3%
	close	2.520	24/09/10			6,300
					Sub-Total		4,600.45
Completed Trading
Share		Price	Date	Qty	Fee	Sum	Profit/Loss
NXS	B	0.355	25/08/10	10000	19.95	3,570	60.10	1.7%
	S	0.365	10/09/10	10000	19.95	3,630
AVO	B	3.100	1/09/10	2000	19.95	6,220	320.10	5.1%
	S	3.280	9/09/10	2000	19.95	6,540
AZM	B	0.550	31/08/10	10000	19.95	5,520	710.10	12.9%
	S	0.625	7/09/10	10000	19.95	6,230
AND	B	4.450	26/08/10	2000	19.95	8,920	5,250.10	58.9%
	S	7.100	6/09/10	2000	29.95	14,170
IAU	B	0.760	27/08/10	6500	19.95	4,960	1,520.10	30.6%
	S	1.000	6/09/10	6500	19.95	6,480
LYC	B	0.795	29/07/10	5000	19.95	3,995	1,010.10	25.3%
	S	1.005	23/08/10	5000	19.95	5,005
IGR	B	0.400	18/08/10	10000	19.95	4,020	260.10	6.5%
	S	0.430	23/08/10	10000	19.95	4,280
ADU	B	0.655	15/09/10	10000	19.95	6,570	-39.90	-0.6%
	S	0.655	22/09/10	10000	19.95	6,530
					Sub-Total		9,090.80
Please feel free to leave you comments below.
Wish to keep you updated of my blog, email me:
tom.aussieshares@gmail.com