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This will be a page where i will be modifying weekly to update several values like stop trail, estimated value, ATR as discussed in previous post.

Tat Hong as of 23/04/2009

Stock Price  : $0.80

1st Transaction (06/04/2009)
Quantity bought: 14 Lots
Price Paid : $0.695
Total Cost  (inclusive brokerage) : $9763.59
Brokerage Fee : $33.59
1R(Downside) = $664 (2.6% of equity)

Highest Price since I entered the trade : $0.875
ATR(50 day) : 0.032
Stop Trail : 0.875- (3*0.03)  =  0.78 

2nd Transaction (13/04/2009)
Quantity bought: 14 Lots
Price paid : $0.760
Total cost (inclusive brokerage) :10676.72
Brokerage Fee : $36.72
1R(Downside) = $1387(5% of equity)

Highest Price since I entered the trade : $0.875
ATR(50 day) : 0.032
Stop Trail : 0.875- (3* 0.032)  =  0.78

Profit/Loss =  $1347.85

My stop loss was hit and as such, I have cleared my positions. I have realized this system has quite a few drawbacks like getting whipsawed. Will post more on my thoughts in the upcoming post. 


Last updated on 23 April 2009

Reproduced with permission from http://melynn-lynch.blogspot.com