Wednesday 3 July 2013

Trading Positions

Sorry, i am busy with work but have added a few trading positions in alphabetical order for your information. Take it with a huge pinch of salt

Biosensors


Bought some at 1.07 two days back. Target 1.15-1.20. Cut loss below recent low.

Capitaland



Bought some at 3.09. Target 3.20 to 3.30

CourtsAsia



Bought some at 0.91. Target 0.95 to 1.00

CWT



Bought some at 1.46. Target around 1.55 to 1.60

15 comments:

  1. Hi Mr IPO, out jump out of anything??
    Cut anything?

    ReplyDelete
  2. Sir, courts looks interesting for me... what would be ur cut loss price for this counter?

    ReplyDelete
  3. Courts is a bit tricky because the volume is low. If you have bough big positions then near 88c (if I recall correctly). If you have bought smaller positions then stop
    Loss can be further away (sorry no access to charts now) haha

    ReplyDelete
  4. Yup, counter always thinly traded...looks like can be easily manipulated also...
    July reporting coming...looking around to see if any counters to trade for movement up

    ReplyDelete
  5. Mr ipo, congrats on courts for hitting first target! Just wondering if u have gotten out of capland?

    ReplyDelete
  6. Just for my learning purpose. Capland developing pennant pattern?

    ReplyDelete
  7. too early to tell. But I think it is trying to hammer out a base.

    ReplyDelete
  8. Positions Update 7 Sep 2013:
    Sold Courts @ 96 (hit target)
    Sold CWT @ 1.495 (reduce exposure as momentum weakens).
    Cut Biosensors @ 1.065 (didnt like the chart and the weakness)

    Left with Capitaland. (still looks ok)

    Wanted to buy Halcyon @ 75 and Midas @ 45 but no time to monitor liao.

    ReplyDelete
  9. Wow.. capland edging towards ur tp

    ReplyDelete
  10. "Jiang Hai Shi Lao De La, appreciate ur trade updates"
    My "studies" on Capland developing pennant pattern is salah...
    will continue to practice using ur postings as reference

    As at 15:35, ur target of at least $3.2 not reached.. sold? or any revision in price?

    Thks

    ReplyDelete
    Replies
    1. Will probably let it run for a while since today is quite strong if it can close at a high. Move the stop "profit" point above the entry price. Hope that helps

      Delete
    2. cool...
      appreciate if you can continue to actively post, so that novice like me can use this as a platform to learn (without fee) :P

      Tks again!

      Delete
    3. Position update :

      Sold capitaland at 3.21.

      Delete

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