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| Wednesday, June 27, 2007 |
| Rotary |
Rotary is fully funded by CFD and it has hit my "cut loss" limit of 1.20.
I'm having mixed feelings about this because It is on a general uptrend but CFDs are like this, as it can just bite you if you are not careful.
If there is a lesson to be learnt, it would be because CFD risk management is different from my other holdings.
As my averaged cost is 1.08, i only will have 11% returns.
But because of CFD, it has been magnified to 50++%.
Yup.. I shall now move on thenLabels: Rotary |
posted by Nenix @ 2:19 PM   |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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