Posted on August 18, 2009 - by Drizzt

Trading Log: Review of Ascendas REIT

Granted that i would have made more if i had held on till a few days later compared to the 1.76 that i got out at, it is a right thing to do for an amateur still learning the ropes. the key here is to be discipline rather than give in to the temptation of dream profits.

I saw a nice channel trade in the making and i took the plunge at 1.65. This would only consider as a C trade as i only milked 6% of profits. had i used a smaller capital i would have made peanuts and totally not worth the efforts.

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