Trading
Trading Report Card – Aug 2011
By Dr Wealth  •  September 1, 2011
Currently, I am long term bear and short term bull. But to play safe, I will do both long and short trades. Long the stronger ones and short the weaker stocks. Compared to Jul 11, I have traded much less stocks in Aug 11. This is due to the high volatility in the market. Higher volatility tends to make my stop loss bigger which I do not like. So I prefer to do nothing and rather give up opportunities as the potential loss is greater. Open trades Hershey – Bought $56.86, now $58.65 (3.1%) Closed trades Galaxy Entertainment – Bought $17.85, sold $20.55 (+15.1%) Esprit Holdings – Sold $23.65, bought $20.56 (+13.1%) Wynn Macau – Bought $25.51, sold $24.00 (-5.9%) Zhejiang Expressway – Sold $4.91, Bought $5.10 (-3.9%) Tempur-Pedic – Bought $67.86, sold $65.33 (-3.7%) Dominion Res – Bought $48.72, sold $47.86 (-1.8%)...
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