Author: jooleng

Trading Journal As of 13 Dec 2013

Posted on

Here is this week’s update.

Short Position (Stopped Out)

Thai Beverage Public Co Ltd (SG)

Thai Beverage Public Co Ltd - Exited Short When Red Line was Broken

Thai Beverage Public Co Ltd Daily Chart

Trade was entered at $0.52 and exited at $0.495. Overall a profitable trade.

Short Position (Initiated)

Keppel REIT (SG)

Keppel REIT - Entered Short When Red Line was Broken

Keppel REIT Daily Chart

Trade was entered t $1.155.

Ho Bee Land Ltd (SG)

Ho Bee Land Ltd - Entered Short When Red Line was Broken

Ho Bee Land Ltd Daily Chart

Trade was entered at $2.02.

One position was stopped out and two new positions were added. Market is still choppy. Trade with care.

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Trading Journal As of 15 Nov 2013

Posted on

Here is this week’s update.

Still no open positions at the moment. (Did not see order trigger email as it was treated as spam mail)

Short Position (Initiated)(Updated)

Thai Beverage Public Co Ltd (SG)

Thai Beverage Public Co Ltd - Entered Short When Red Line was Broken

Thai Beverage Public Co Ltd Daily Chart

Trade was entered at $0.52.

The tug of war between the bulls and bears is still not over. Market is still quite choppy….

 

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Trading Journal As of 25 Oct 2013

Posted on

Here is this week’s update.

Short Positions (Stopped Out)

Cache Log Trust (SG)

Cache Log Trust - Exited Short When Red Line was Broken

Cache Log Trust Daily Chart

Trade was entered at $1.165 and exited at $1.195. Overall a losing trade.

Cambridge Ind Trust (SG)

Cambridge Ind Trust - Exited Short When Red Line was Broken

Cambridge Ind Trust Daily Chart

Trade was entered at $0.665 and exited at $0.685. Overall a losing trade.

Singapore Post Ltd  (SG)

Singapore Post Ltd - Exited Short When Red Line was Broken

Singapore Post Ltd Daily Chart

Trade was entered at $1.26 and exited at $1.285. Overall a losing trade.

Vard Hldgs Ltd (SG)

Vard Hldgs Ltd - Exited Short When Red Line was Broken

Vard Hldgs Ltd Daily Chart

Trade was entered at $0.90 and exited at $0.87. Overall a winning trade.

 

Only Singtel short trade is still alive. So far only one out of four trades turn out to be a winner. This is not a favourable condition for trend trading. Stay out and avoid initiating new positions until more trending opportunities are available.

 

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Trading Journal As of 18 Oct 2013

Posted on

Here is this week’s update.

Short Position (Stopped Out)

Swiber Hldgs Ltd (SG)

Swiber Hldgs Ltd - Exited Short When Red Line was Broken

Swiber Hldgs Ltd Daily Chart

Trade was entered at $0.655 and exited at $0.665. Overall a losing trade.

 

Short Position (Initiated) 

Singtel (SG)

Singtel - Entered Short When Red Line was Broken

Singtel Daily Chart

Trade was entered at $3.70.

 

Short trades ( Vard Hldgs Ltd, Cache Log Trust, Cambridge Ind Trust and Singapore Post Ltd) are still alive. This is the nerve-wrecking part of trend trading. So the drawdown continues….

 

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Trading Journal As of 11 Oct 2013

Posted on

Here is this week’s update.

Short Positions (Stopped Out)

Chip Eng Seng Corp Ltd (SG)

Chip Eng Seng Corp Ltd - Exited Short When Red Line was Broken

Chip Eng Seng Corp Ltd Daily Chart

Trade was entered at $0.68 and exited at $0.705. Overall a losing trade.

Golden Agri Resources Ltd  (SG)

Golden Agri Resources Ltd - Exited Short When Red Line was Broken

Golden Agri Resources Ltd Daily Chart

Trade was entered at $0.52 and exited at $0.535. Overall a losing trade.

Noble Group Ltd (SG)

Noble Group Ltd - Exited Short When Red Line was Broken

Noble Group Ltd Daily Chart

Trade was entered at $0.915 and exited at $0.97. Overall a losing trade.

Sabana REIT  (SG)

Sabana REIT - Exited Short When Red Line was Broken

Sabana REIT Daily Chart

Trade was entered at $1.065 and exited at $1.085. Overall a losing trade.

 

Short trades (Swiber Hldgs Ltd, Vard Hldgs Ltd, Cache Log Trust, Cambridge Ind Trust and Singapore Post Ltd) are still alive. This has been a difficult losing week. However, the losses has been minimised with the tightened stop losses. The period of drawdown has started…

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