For the month of August 2009:
1) PAXYS, INC (PAX)
Date of Analysis : August 7, 2009
Link: PAX actual analysis
(Note: double click image to enlarge)
Conclusion:
PAX breakout occured just immediately after the trading date my forecast was made. The price of P2.70 per share became P3.65. A gain of about 0.95 per share. A good money management that can be applied in these scenario in order to minimize the risk is to sell half of the shares at the reasonable target price of P3.0 while letting the remaining shares run up until our trailing stop loss is hit. A good stop loss is usually set bet 5% to 12% of our invested money for this particular stock. Most of the time stop loss is set base on how much amount we wanted to risk for this particular stock in cases our analysis is wrong.
2) FIL-STATE LAND, INC (LND)
Date of Analysis : August 14, 2009
Link: LND actual analysis
(Note: double click image to enlarge)
PAX breakout occured just immediately after the trading date my forecast was made. The price of P2.70 per share became P3.65. A gain of about 0.95 per share. A good money management that can be applied in these scenario in order to minimize the risk is to sell half of the shares at the reasonable target price of P3.0 while letting the remaining shares run up until our trailing stop loss is hit. A good stop loss is usually set bet 5% to 12% of our invested money for this particular stock. Most of the time stop loss is set base on how much amount we wanted to risk for this particular stock in cases our analysis is wrong.
2) FIL-STATE LAND, INC (LND)
Date of Analysis : August 14, 2009
Link: LND actual analysis
(Note: double click image to enlarge)Conclusion:
The following week after the analysis was made, the DJI index suddenly corrected heavily lasting for the entire week. That's from August 17 -20, luckily the maximum stop loss set at 0.29 was not hit (12% of the P0.33). The following week the market normalizes and our projected price of about P0.38 was hit. Lesson learn from here is to always stick to our respective master plan. Don't let your fear ruin your plan. When everyone is in panic and selling their respective shares, just simply hold your own stocks until your stop loss is hit. In trading always don't forget to set always a reasonable target price and a corresponding stop loss. Holding on to it until either of them was hit.
3) MEGAWORLD CORPORATION (MEG)
Date of Analysis : August 20, 2009
Link: MEG actual analysis
(Note: double click image to enlarge)
The following week after the analysis was made, the DJI index suddenly corrected heavily lasting for the entire week. That's from August 17 -20, luckily the maximum stop loss set at 0.29 was not hit (12% of the P0.33). The following week the market normalizes and our projected price of about P0.38 was hit. Lesson learn from here is to always stick to our respective master plan. Don't let your fear ruin your plan. When everyone is in panic and selling their respective shares, just simply hold your own stocks until your stop loss is hit. In trading always don't forget to set always a reasonable target price and a corresponding stop loss. Holding on to it until either of them was hit.
3) MEGAWORLD CORPORATION (MEG)
Date of Analysis : August 20, 2009
Link: MEG actual analysis
(Note: double click image to enlarge)Conclusion:
MEG breakout also occurred just immediately after the trading date my forecast was made. The price of P1.24 per share became P1.62 the week following my analysis and still rising. That's
a gain of about 0.38 per share.
MEG breakout also occurred just immediately after the trading date my forecast was made. The price of P1.24 per share became P1.62 the week following my analysis and still rising. That's
a gain of about 0.38 per share.
No comments:
Post a Comment