Initial Fund | 15/08/10 | $50,000.00 | ||||||
Current Value | 24/02/11 | $83,093.25 | ||||||
Cash: | 8403.25 | |||||||
Stocks: | 74690.00 | |||||||
Total Retun since 15-08-10: | 66.19% | |||||||
Today Australian stocks still are struggling for violence in Libya, costs associated | ||||||||
with a devastating earthquake in New Zealand and downbeat profit guidance. | ||||||||
Below response to a reader's query regarding stoploss: | ||||||||
To be honest, I really took a lesson in stoploss, which would cost me thousands | ||||||||
of dollars in last a few days. | ||||||||
Usually only one or two of shares in my portfolio faced stoploss in the past. In such | ||||||||
case I could deal easily. However this time most of stocks fell below stoploss | ||||||||
I hardly sold any of them in lunch time (This is my only trading hour during a day). | ||||||||
Fortunately it is not a crash. The market will be recovering in the future. | ||||||||
My stoploss will be re-set for current level. | ||||||||
However it reminds me how important the stoploss is. |
This blog is to provide a platform to discuss personal trading experience and philosophy in Australian share market. My Gold Trading Rules: 1 - Never lost money 2 - Never forget rule 1
Thursday, February 24, 2011
Share Daily Updated: 24/02/11
Wednesday, February 23, 2011
Share Daily Updated: 23/02/11
Initial Fund | 15/08/10 | $50,000.00 | ||||||
Current Value | 23/02/11 | $83,838.25 | ||||||
Cash: | 8403.25 | |||||||
Stocks: | 75435.00 | |||||||
Total Retun since 15-08-10: | 67.68% | |||||||
The biggest weekly loss since commence of this portfolio. | ||||||||
PEK - | Trading halt. | |||||||
| New positive drill result coming? | |||||||
| | |||||||
TUC - | Very good presentation yesterday. | |||||||
| | |||||||
RAD - | Pulled back by weak market. Nothing changed. | |||||||
| |
Tuesday, February 22, 2011
Monday, February 21, 2011
Share Daily Updated: 21/02/11
Initial Fund | 15/08/10 | $50,000.00 | ||||||
Current Value | 21/02/11 | $88,543.25 | ||||||
Cash: | 8403.25 | |||||||
Stocks: | 80140.00 | |||||||
Total Retun since 15-08-10: | 77.09% | |||||||
Today miners fall after China hikes rate. | ||||||||
ABY - | SP run well and should be playing better as long as market recovering | |||||||
| ||||||||
PIR - | The break-out of $1.00 should be coming very soon after | |||||||
| consolidating today. | |||||||
| | |||||||
RAD - | Pulled back by weak market. Hopefully rally in coming days. | |||||||
|
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