Friday, January 2, 2009

Brand New Year 2009

This is my record of my journey in stock trading and poker in 2009.

Financial Goals in 2009

- Make enough money for 2 months in US/Australia
- 60k networth by end 2009
- Kick start career

2008 thus far in the stock market,


Date Trading A/C No. Stock Name Code i Ccy Contract No. Sell Price Sell Qty Avg Price Realised P/L Details
SGX Cash

30/12/2008 0365851 CoscoCorp F83 i SGD 663257/516 1.030 10,000 0.96833 581.14 Details
04/12/2008 0365851 Olam O32 i SGD 583713/502 0.965 10,000 0.88813 735.43 Details
10/12/2008 0365851 SinoTechfib AD8 i SGD 604942/501 0.220 30,000 0.19599 690.17 Details
05/12/2008 0365851 SinoTechfib AD8 i SGD 588679/501 0.185 15,000 0.16186 318.87 Details
10/12/2008 0365851 Tat Hong T03 i SGD 600078/501 0.575 5,000 0.58565 -81.45 Details
11/12/2008 0365851 Yangzijiang BS6 i SGD 614287/504 0.530 15,000 0.52705 13.46 Details
16/12/2008 0365851 Yanlord Z25 i SGD 628668/506 0.835 4,000 0.78708 163.22 Details
TOTAL SGD
2,420.84

Dividends : $900

Current position :

Date Trading A/C No. Code Stock Name i Trade Ccy Avg Price Qty Amt Last Market Val Unrealised P/L Trade Details
SGX Cash

14/11/2008 0365851 S76 Enporis i SGD 0.05610 25,000 1,402.46 0.030 750.00 -652.46 Details
13/11/2008 0365851 M42 Man Wah i SGD 0.17232 12,000 2,067.79 0.165 1,980.00 -87.79 Details
18/12/2008 0365851 AD8 SinoTechfib i SGD 0.19871 50,000 9,935.27 0.205 10,250.00 314.73 Details
TOTAL SGD
13,405.52
12,980.00 -425.52
GRAND TOTAL SGD
13,405.52
12,980.00 -425.52



OVERALL TOTAL SGD
13,405.52
12,980.00 -425.52

I'm very happy with the performance of most of my positions so far.

Not bad for a newbie started out in Nov 08.


Man Wah and Sinotech are my multibagger bets but so far Sinotech has proven to be a profitable trading counter.

I'm just waiting for Enporiz to deshell and return me my $700.


As for poker,

After doing some math, I conclude I might actually be losing within the range of 1-2k USD online after a tumultuous journey from $6.50 SnGs to NL cash games, to a horrendous stretch at Limit cash games, and finally, 0.50/1 to 2/4 PLO and even a stab at 5/10.

I'm embarking on a strict PLO plan which i know will be a success if i do not waver.

1) Deposit $100.
2) play 1/2 PLO
3) Double up or better, move up to 2/4
4) win as much as possible, then stop for the day.
5)Stop if $100 is lost
6)Repeat (1) the next day

I've been having too much 1k+ swings the past december 08. Can't stand the emotional seesaws.

I know i can win 1k SGD a day multiple times a month. Just need to cut the losses.

Perhaps a visit to 5/10 again someday.

God speed to me.

May 09' be good

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