Aargh.. the closing price of SHELL hit my 7% trailing stop loss last Friday 5th June 2009. Sigh, I thought I could hold this for longer - alas, since its ex-dividend, it dropped more than 7% from it's recent high of RM11.20. The good news is I'll make about 30% net profit, including net dividend, from this SHELL transaction, bought at RM8.05 on 30th December 2008.
Hm, maybe I should tweak my "Value/Core buys" trailing stop loss to 10% to keep my churn down and keep my "Trading buys" at 7%. Decisions decisions.. any advise or experience to share?
Addendum 2009/06/08 1:29pm:
Sold SHELL at $10.50 already. Shaking off the "Should haves, could haves, would haves" by consoling myself that 30%+ net profit in 6 months-ish is good enough.... until I decide that it isn't when I've learned more :D
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- MK - don't know much, want to learn more
- An average Malaysian chap who awoke one day to the BS of most insurance and financial agents who cant even calculate returns per annum and future value of $ required, let alone "advice" and guide average Joes properly. Shh... I'll tell you a secret - most of them are really just Sales people who mastered the art of looking as if they care. Please note though, there are great ones around like Brian Goh (yeah you dude!) from GreatVision. He's my "goto guy" for mortgages and insurance advise/options. If you want the Excel files shown here for your own usage, please do email me & tell me specifically which (usage). Facebook: wongmunkeong@yahoo.com