Saturday, May 14, 2011

Scalp Trades Dated 12/5/2011

1. Today scalp traded the following :-








2. Market in red. :( Bought in more Bursa-CP at 0.13sen, queuing more at 0.125sen but not done. :(. Lets calculate the net value for Burca-CP after today closed price of RM7.77 drop by 11sen. :(

10/5 - 1st day Average = RM7.8475, net worth = 0.141sen
11/5 - 2nd day Average = RM7.8299, net worth = 0.139sen
12/5 - 3rd dat Average = RM7.7862, net worth = 0.137sen
 
There is still 0.007sen margin there for those who bought at 0.13sen. Still a cushion of 5% margin. :( getting thinner but for those who gotten at 0.125sen today it is surely on the safe side. For the remaining 2 days are based on luck. We have no control anymore as today is the last trading day. Nevertheless, still very positive that we will make profit although it is thinning. :(
 
3. ck5354, the average price information is in your trading platform. You should be able to find the average price by drilling down further that particular share. As for scalp trades it is simple, just buy and sell quickly within the day possible and started off with the smallest profit, if half a sen can give you profit by all mean just take the profit that half a sen can produce and with reasonable volume. Practise more with half/1 sen profit, once you get use to it, start increase your frequency and volume accordingly. One good example is to see how hng trades. Key point is to get lowest brokerage fee possible from your broker. :) Good Luck.

1 comment:

Teng said...

Hi Horse.My name is TJ and I enjoy reading your blog. For 3rd day average,I think it should be 0.131 and not .137

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