Trading Journal As of 2 May 2014

Here is this week’s update.

Long Positions (Stopped Out)

Ausgroup Ltd (SG)

Ausgroup Ltd - Exited Long When Red Line was Broken

Ausgroup Ltd Daily Chart

Trade was entered at $0.32 and exited at $0.455. Overall a very profitable trade

Baker Tech Ltd (SG)

Baker Tech Ltd - Exited Long When Red Line was Broken

Baker Tech Ltd Daily Chart

Trade was entered at $0.32 and exited at $0.325. Overall a scratch trade due to transaction and financial charges.

Guocoleisure Ltd (SG)

Guocoleisure Ltd - Exited Long When Red Line was Broken

Guocoleisure Ltd Daily Chart

Trade was entered at $0.92 and exited at $0.955. Overall a profitable trade.

Vard Hldgs Ltd (SG)

Vard Hldgs Ltd - Exited Long When Red Line was Broken

Vard Hldgs Ltd Daily Chart

Trade was entered at $1.035 and exited at $0.975. Overall a losing trade.

Only Suntec REIT long trade is still alive.

 

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Trading Journal As of 4 Apr 2014

Here is this week’s update.

Short Positions (Stopped Out)

Capitamalls Asia Ltd (SG)

Capitamalls Asia Ltd - Exited Short When Red Line was Broken

Capitamalls Asia Ltd Daily Chart

Trade was entered at $1.785 and exited at $1.775. Overall a scratch trade due to transaction charges and financing costs.

Venture Corp Ltd (SG)

Venture Corp Ltd - Exited Short When Red Line was Broken

Venture Corp Ltd Daily Chart

Trade was entered at $7.43 and exited at $7.47. Overall a losing trade.

Long Position (Initiated)

Vard Hldgs Ltd (SG)

Vard Hldgs Ltd - Entered Long When Red Line was Broken

Vard Hldgs Ltd Daily Chart

Trade was entered at $1.035.

Long trades (Ausgroup Ltd and Guocoleisure Ltd) are still alive.

 

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Trading Journal As of 25 Oct 2013

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

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

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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Trading Journal As of 4 Oct 2013

Here is this week’s update.

Short Positions (Initiated)

Cache Log Trust (SG)

Cache Log Trust - Entered Short When Red Line was Broken

Cache Log Trust Daily Chart

Trade was entered at $1.165.

Cambridge Ind Trust  (SG)

Cambridge Ind Trust - Entered Short When Red Line was Broken

Cambridge Ind Trust Daily Chart

Trade was entered at $0.665.

Chip Eng Seng Corp Ltd (SG)

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

Chip Eng Seng Corp Ltd Daily Chart

Trade was entered at $0.68.

Noble Group Ltd (SG)

Noble Group Ltd - Entered Short When Red Line was Broken

Noble Group Ltd Daily Chart

Trade was entered at $0.915.

Sabana REIT  (SG)

Sabana REIT - Entered Short When Red Line was Broken

Sabana REIT Daily Chart

Trade was entered at $1.065.

Singapore Post Ltd  (SG)

Singapore Post Ltd - Entered Short When Red Line was Broken

Singapore Post Ltd Daily Chart

Trade was entered at $1.26.

Short trades (Golden Agri Resources Ltd, Swiber Hldgs Ltd and Vard Hldgs Ltd) are still alive. Although many short trades have been triggered this week, these trades are going no where. This signal caution as market is still undecided about which direction it should go.

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Trading Journal As of 27 Sep 2013

Here is this week’s update.

Short Positions (Initiated)

Golden Agri Resources Ltd (SG)

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

Golden Agri Resources Ltd Daily Chart

Trade was entered at $0.52.

Swiber Hldgs Ltd (SG)

Swiber Hldgs Ltd - Entered Short When Red Line was Broken

Swiber Hldgs Ltd Daily Chart

Trade was entered at $0.655.

Vard Hldgs Ltd  (SG)

Vard Hldgs Ltd - Entered Short When Red Line was Broken

Vard Hldgs Ltd Daily Chart

Trade was entered at $0.90. This trade was done using Kim Eng CFD. Let’s see if it will provide good fill for both entry and exit.

Market is still full of uncertainty. To me, this is a rally in a bear trend. How will the trades turn out? I do not know. I just need to follow my rules to manage the trades. Trade nimbly and trade safely. Have a great weekend.

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