Holdings @ 03/08/2007 5:05 PM
Heng I covered my short on Lian beng earlier in the day. At the last hour, market show strength and construction lead the pack. Bought some Lian Beng to try my luck. :)
Opened Positions
Lian Beng 40 lots @ 0.46
Penguin 40 lots @ 0.26
Closed Positions + P&L
ChinaAngel sold 40 lots @ 0.675 -$800
Lian Beng cover Shorted 40 lots @ 0.44 +$2400
Opened Positions
Lian Beng 40 lots @ 0.46
Penguin 40 lots @ 0.26
Closed Positions + P&L
ChinaAngel sold 40 lots @ 0.675 -$800
Lian Beng cover Shorted 40 lots @ 0.44 +$2400
posted by Learn2win at
6:54 pm
3 Comments:
Man,welcome back to blogging! Looks like you've done a good job in trading recently.
Well done.
Hi Buddy,
Saw your comments on Wallstraits on my commentary. I don't post that often on Wallstraits, perhaps 1 post every few days, only when there is something I want to get off my chest to help the newbies.
I am just afraid that there are so many share rampers and so called "Value investors" BUY for the long term type that will kill off the portfolio of any newbies who have never been in a super bear market like I have.
Cutting ones losses short is the best policy. Just like what you have done as a marvellous job here.
Keep up your trading. Pretty soon, you won't need a job ;-)
Regards,
Millionairemind
Hi bud,
I also post once in a blue moon Wallstraits. Saying less is better sometimes. :)
Yes, the enemy of cutting losses is actually yourself. This honestly required a lot of training. For us, maybe we have lost so much before that we got numb. Haha.
Oh well, like what you have said, shares are meant to be sold, either you make or you lose.
Learn2win
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