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. | |||||||
| | ||||||||
Friday, February 18, 2011
Share Daily Updated: 18/02/11
| Initial Fund | 15/08/10 | $50,000.00 | ||||||
| Current Value | 18/02/11 | $89,798.25 | ||||||
| Cash: | 8403.25 | |||||||
| Stocks: | 81395.00 | |||||||
| Total Retun since 15-08-10: | 79.60% | |||||||
| Gold price shows a very encouraging signal after climbing over $1370. | ||||||||
| EXS - | It was out of my expection after SP broke-out resistance of 0.62 | |||||||
| | ||||||||
| TUC - | Unfortunately the volume hasn't been following SP rising yet. | |||||||
| | ||||||||
| WPG - | Keep in alert | |||||||
| | ||||||||
| RAD - | Nothing changed, SP is consolidating. | |||||||
| | ||||||||
| PIR - | Gold price recovering. | |||||||
| | New gold found at Fekola. The market is seeking re-valuation. | |||||||
| | Broker upgraded target price. | |||||||
| | Very nice pace of up-trend | |||||||
| | | |||||||
| PEK - | Hybrid of risk and opportunity | |||||||
| | | |||||||
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