Shares & Derivatives
Sembcorp – What could I have done better?
By Mr. IPO  •  August 1, 2015
I cut loss on my wife's SRS position in Sembcorp on Wednesday when the $3.80 support gave way.

It is always good to do a recap on my investments to see what went right and what went wrong.

Let's do it on the pictorial view. Easier for everyone.


I bought the position in March with a stipulated cut loss around ~$4 thereabouts. The post is here.

A few mistakes made that i can usually avoid for trading but can't seemed to be able to avoid it for a longer term holding position.
  1. Letting a profit of 9% turned into a loss. In trading - i would be moving my stops up pretty closely and it will take me out automatically.
  2. I never cut loss when it broke $4. Again, violating my own stipulated principles ^_^
  3. Finally did it at when $3.80 gives way realizing a loss of around ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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