MISC scalp trade oh MISC scalp trade

Transaction
Date
Stock Purchase/Sell Contract No Quantity Price Brokerage Contract
Stamp
Clearing
Fee
Net
Amount
Cancel/
Replace
Code Name
18/04/2013 3816 MISC Sell SA0xxxx182 x,000 5.40 x.600 x.000 x.100 x,943.300
17/04/2013 3816 MISC Purchase PA0xxx031 x,000 5.37 x.480 x000 x.060 x,906.540



Profit or loss = 943.3 - 906.54 = RM 36.76 not bad ( not enough 1 can milk powder for my son, 1 can RM 41 Morinaga)

This is the beauty of low brokerage mplus, with 3 cents you can earn for > RM 5 stock.

Initially I queue to sell at 5.43, I should have not cancel. Else I will earn more.

Next time must use logic to trade rather than EMOTION.

1 comments:

Petronas received less than 90% of acceptance,and return shares who had accepted earlier