Tuesday, March 1, 2011

Share Daily Updated: 1/03/11

Initial Fund
15/08/10
$50,000.00
Current Value
1/03/11
$85,513.25
Cash
24278.25
Stocks
61235.00
Total Retun since 15-08-10:
71.03%
Australian share market is still struggling today.
Gold price is close to record high.
PIR -
Supported by strong gold price.
PEK -
Technically SP found support at 0.75.
Fundamentally excellent drill result.
RAD -
Hopefully try new height of $0.44

Monday, February 28, 2011

Share Daily Updated: 28/02/11

Initial Fund
15/08/10
$50,000.00
Current Value
28/02/11
$83,988.25
Cash
24278.25
Stocks
59710.00
Total Retun since 15-08-10:
67.98%
the share market is slightly weaker after a rise in oil prices caused a dip
 in Asian equities.
WGO -
Sold at stoploss of 0.80

Thursday, February 24, 2011

Share Daily Updated: 24/02/11

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.

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

Share Daily Updated: 22/02/11

An unpleasant trading day.
Let's see what happen tomorrow.