March Performance

My March performance is better than Feruary's. But, I still have misgivings , such as selling off SATS, UOB and Golden Agri too early.


Trading Account
Realised Profit/Loss
UOB $0
Yanlord $0
Golden Agri $120
Eur/Usd $90
Yanlord ($40)

Unrealised Profit/ Loss
None

Total Trading Cumulative Profit/ Loss in 2010
+59

I need work harder in my trading as I am really generating paltry returns. I will have to change my trading style as I am overtrading and picking wrong counters.

From now on, I will trade only when blue chips counters are oversold. This will reduce wastage from overtrading.

Long-term Positions (open)
Citigroup +21.5%
Gold -1.2%
Swiber -3.6%

Long-term Positions (closed)
SATS +4.4%

Cumulative Long-term Positions 2010
+5.275%

My choice of buying Citi prove timely. Hope I can attain quadruple returns on this one. At this stage, adding to my long-term holdings seem dangerous. But, Noble is looking increasingly attractive. Will consider carefully before putting money from sale of SATS back to work.