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Dongfeng Motors (long) – closed on 9 Feb 10

by Alvin on February 10, 2010

The market is in a retracement but I just want to try my luck to catch any early upturn. The problem is this, I have an impulse to trade which I am trying to curb. I fear more in missing a run than taking a loss which fuel my urge to trade even when market condition is not favorable. At least I made a small bet on this trade, and hopefully I can be disciplined enough to stop trading for the time being.

Bought 2,000 shares on 2 Feb 10 at HK$10.60
Sold 2,000 shares on 9 Feb 10 at HK$9.86

Commission charges: -HK$350
Financing charges: -HK$8.4 (HK$1.68 x 5)

Loss = -HK$1838.40  (-S$335.14)

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Discover the Secrets of Singapore Trading Gurus!

Interviews with Singapore stocks, forex, futures and options traders and trainers! This book is written for you:

  • learn how professionals trade
  • discover their strategies, money management and approach to the markets
  • understand their stories and motivation behind trading
  • know your trainers before attending their courses
Available in ebook and hardcopy (free delivery to Singapore address). Input "bfp15" to get 15% discount! P.S. Includes hours of videos!

Buy at 15% discount!.

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