Monday, June 20, 2011

20th June 2011–Romantic Thursday DATE

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

10.10

 

 

 

9.43

 

 

 images

Reason for Buy / Sell / Sell Short / Buy Back:

 

  1. A new IPO from China that is showing double bottom formation in intraday and daily chart.

 

Lesson Learnt:

 

  1. I get excited again and bought at $10.10. I should have set the price lower and waited. The entire market was very pessimistic, so there will be a lot of chances to get at lower price.
  2. Many China stocks have been hit hard recently. This create opportunity.
  3. Watch out the development of FXI. China index can determine where this stock moves.

 

Intraday Chart

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Historical Chart

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