Archive for May, 2007
Here some commentary on SUN and WOW from Tien Nguyen. SUN is definitely in my watch list for next month’s trade. WOW looks like it should get pretty good premium. This Thursday is Options expiry day, most my positions are safe, currently monitoring my WBC and NWS is 50/50… Anyways, thats it from me
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22/05/07
SUN is trending nicely, with a [...]
May 23rd, 2007 | Posted in Shares | No Comments
Broker called me today to warn me about my NWS position. It was touch and go, luckily it didn’t get assigned/exercise. My NWS position is 29.50/29.0, and he said that some of the $30 puts were assigned. In short, close call…. that being said, the market bounced back today so nothing too exciting happening for [...]
May 15th, 2007 | Posted in Trading Diary | No Comments
Do yourself a favour, especially if you are in Melbourne. Go register and attend the mCorp,
Property Entrepreneurs In Training.
If you are a serious property investor or a ‘wannabe’ property investor, I highly recommend you find the time and get to this event! You can thank me after by leaving a comment or by buying me [...]
May 14th, 2007 | Posted in Property, Zero to Hero | No Comments
Finally received my laptop today, its been sitting in the post office for the past 2 days because nobody was home so I get them to delay the delivery. So far, this laptop is nice, especially with the 20″ wide screen monitor next to it! The keyboard is quite nice, its easy to type which [...]
May 11th, 2007 | Posted in More About Me | No Comments
Technorati Profile
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addthis_title = ‘Claiming+My+Blog+on+Technorati’;
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May 9th, 2007 | Posted in More About Me | No Comments
Opened LHG contract today, will not be opening anymore contracts for this month. I’ve got a full house of trade this month with NWS in the money and WBC paying dividends (which is not good if for me). If I clear out of this month, I will be very happy!
LHG recently raised more capital, hence [...]
May 9th, 2007 | Posted in Trading Diary | No Comments
Closed my KZL position for $6.448. I figured, since I doubled my money I should take it and compound it in another trade. I haven’t been trading long, that being said I am beginning to see that doubling your money with $1,000 doesn’t take a lot of effort, however doubling your money with $10,000 or more [...]
May 7th, 2007 | Posted in Trading Diary | 1 Comment
Got home today and found out I got stopped out for PEM, 2,400 @ $4.398. I had my trailing stop loss at 5% trailing 1% (Now I know this is way too tight, especially for PEM) PEM usually trades about 3% within a day. So what happened was PEM ran during the day with my [...]
May 4th, 2007 | Posted in Trading Diary | No Comments
Just ordered the Dell XPS M1210 Notebook, cost me $2,277 ($2,070 + $207 GST) Going to be salary packaging it, so it will cost $1,656 ($2,070*70% + $207GST) . Then I’ll sell it to my trust and it becomes a business expense, ie. I can offset it with my profits. So this lappy will end [...]
May 3rd, 2007 | Posted in More About Me | No Comments
Okay, today I Opened a WBC. Firstly the reason why this trade looks so good is because WBC is actually paying 63c dividend sometime this month. (so don’t be fooled) Bank stocks don’t usually pay such good premium so far out of the money…
So here is the reason why I entered this trade, looking at [...]
May 3rd, 2007 | Posted in Trading Diary | No Comments