Trading Week 1
17 - 21 September 2007 Weekly Performance Review
Actual Date should be 19 - 21 September.
19 Sept:
I decided to join the not-so-big Malaysia stock market after the US announced that FED rate goes down by 0.5%. Several counters were in my mind, undecided which to buy. I think this is
normal for a super beginner like me. The list was: RANHILL, BJPROP and CNOOC-C1 (can only rememmber these). In the end bought CNOOC-C1 at 0.16 (12000 unit). First time trading, very nervous, monitor the price up and down, Rose up to 0.18 but didn't sell it. But then I had test that day, so had to study for test first. Prepare for test, ignore the share first.
In the afternoon, the price dropped slightly to 0.11, up and down between 0.117 and 0.175. At the end decided to sell at 0.175. But the price going up again, up to 0.195. Too bad. But at least gain some experience, not too be nervous when trade, and hold the share longer if it's not going down for short term.
Bought another share by the end of the day: BOC-C1 at 0.095 (20000 unit) - not a bad price for this day.
That's for my first day:
CNOOC-C1 RM0.175 * 12000 - RM0.16 * 12000 = RM 180
BOC-C1 RM 0.095 * 20000 = RM1900
20 Sept:
Today I have presentation in the morning, lectures until noon time.. So no monitoring for the first session. As far as I could remember, BOC-C1 was so quiet in the early morning session, rose to RM0.12 around 11am (if not mistaken).
Noontime, monitor and it was so so so quiet until I sold it off at RM0.115. Malaysia market no steam lerr.. So the end of the day. After the 2nd day, decided to take a break on Friday. Promised friend to do something.
BOC-C1: RM 0.115 * 20000 = RM2300
21 Sept:
Today decided to take break, test in the morning, things to be done in the afternoon. But after my test, still go and monitor the market. Cannot stay, bought BOC-C1 at RM0.125 again, too bad sold yesterday, but never mind. Not much changes for BOC-C1. Monitor GPLUS since morning, wanted to buy but no gut, no decision was made. Instead bought BOC-C1 as stated.
Gone crazy after seeing the price.. >.<" Sold BOC-C1 at RM0.13, making a small tiny gain. After my army (money) returned to my base (account), monitor and wondering whether to buy HSBC-C1 or not at RM0.15, that time was in UTAR libray, like a "cold fridge" over there. freezing cold. Cannot aim properly. Didn't manage to notice the buying spree over there. Go do something else and back.. Woaha.. Rose up to RM0.20. Pity me.. 33.33% gaining just gone. Say bye bye to me.. Another lesson learnt. Trust myself, never trade in a "cold fridge".
BOC-C1: RM0.13 * 15000 - RM0.125 * 15000 = RM 75
*All realised gain / loss does not include brokerage fee.
Actual Date should be 19 - 21 September.
19 Sept:
I decided to join the not-so-big Malaysia stock market after the US announced that FED rate goes down by 0.5%. Several counters were in my mind, undecided which to buy. I think this is
normal for a super beginner like me. The list was: RANHILL, BJPROP and CNOOC-C1 (can only rememmber these). In the end bought CNOOC-C1 at 0.16 (12000 unit). First time trading, very nervous, monitor the price up and down, Rose up to 0.18 but didn't sell it. But then I had test that day, so had to study for test first. Prepare for test, ignore the share first.
In the afternoon, the price dropped slightly to 0.11, up and down between 0.117 and 0.175. At the end decided to sell at 0.175. But the price going up again, up to 0.195. Too bad. But at least gain some experience, not too be nervous when trade, and hold the share longer if it's not going down for short term.
Bought another share by the end of the day: BOC-C1 at 0.095 (20000 unit) - not a bad price for this day.
That's for my first day:
CNOOC-C1 RM0.175 * 12000 - RM0.16 * 12000 = RM 180
BOC-C1 RM 0.095 * 20000 = RM1900
20 Sept:
Today I have presentation in the morning, lectures until noon time.. So no monitoring for the first session. As far as I could remember, BOC-C1 was so quiet in the early morning session, rose to RM0.12 around 11am (if not mistaken).
Noontime, monitor and it was so so so quiet until I sold it off at RM0.115. Malaysia market no steam lerr.. So the end of the day. After the 2nd day, decided to take a break on Friday. Promised friend to do something.
BOC-C1: RM 0.115 * 20000 = RM2300
21 Sept:
Today decided to take break, test in the morning, things to be done in the afternoon. But after my test, still go and monitor the market. Cannot stay, bought BOC-C1 at RM0.125 again, too bad sold yesterday, but never mind. Not much changes for BOC-C1. Monitor GPLUS since morning, wanted to buy but no gut, no decision was made. Instead bought BOC-C1 as stated.
Gone crazy after seeing the price.. >.<" Sold BOC-C1 at RM0.13, making a small tiny gain. After my army (money) returned to my base (account), monitor and wondering whether to buy HSBC-C1 or not at RM0.15, that time was in UTAR libray, like a "cold fridge" over there. freezing cold. Cannot aim properly. Didn't manage to notice the buying spree over there. Go do something else and back.. Woaha.. Rose up to RM0.20. Pity me.. 33.33% gaining just gone. Say bye bye to me.. Another lesson learnt. Trust myself, never trade in a "cold fridge".
BOC-C1: RM0.13 * 15000 - RM0.125 * 15000 = RM 75
*All realised gain / loss does not include brokerage fee.
posted by Chang Lip Kuan at
10:06 PM
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1 comments
