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| Wednesday, July 18, 2007 |
| Random Thoughts #8 |
Just thought that I should remind myself on this one. If I'm a middle term trader, then I must stay within that time frame, especially for the base units I am holding. I must remember that my holdings are generally divided into two portions, the base units (which I will generally hold for many months) and the shorter term portions (which I will hold for generally few weeks). I must never get confused which is the base units, and which are the speculative units.
For shorter horizons, it is usually more straightforward with entry and exit signals. However, for middle-horizon stocks, more often than not, my judgement gets clouded by short term signals. This is my major flaw and I must look past it. That is why a system is needed to guide me, because I know that I might not be emotionally suited for trading/investing.
Afterall, investing/trading is all about betting on your beliefs on the market.Labels: Random thoughts |
posted by Nenix @ 10:43 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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