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| Wednesday, July 04, 2007 |
| Lessons from Bio Treat Trade |
What a noob I am. I have never experienced partial sales for my lots (Read: small player) and today, I just offloaded my BioTreat.
9am: queued at $0.865. Then I withdrawed as I think it could be closed at a higher price.
Little did I know that some of the position have been sold. But I didn realise that.
9+am: I sold everything at $0.875. This has left me some uncovered position. In the end, I have to buy the remainder at $0.865.
What a way to give money to my broker.. haha.
Today's fiasco reduced my average price to $0.886 it is compensated by an average sales price of $0.869. Loss is about 2% for the equity and most probably about less than 1% for the whole portfolio.Labels: Bio Treat |
posted by Nenix @ 9:23 AM   |
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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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