DAY TRADING DONE ON HSI WARRANTS OCT. 2016

    Counter         Buy          Date          Sell         Date         Profit/Loss %    $$$

1) H-63              0.515        17/10         0.55         17/10           6.80                350.00
2) C-48              0.700        18/10         0.715       18/10           2.14                150.00
3) H-61              0.345        18/10         0.310       18/10         -10.14              -350.00
4) C-48              0.750        18/10         0.77         20/10           2.67                200.00
5) C-60              0.635        18/10         0.66         20/10           3.94                250.00
6) H-57             0.280         20/10         0.295       21/10           5.36                150.00
7) H-63             0.385         25/10         0.43         26/10           11.69              450.00

P/S.....the above trades are based on 10 lots traded.The profit stated is calculated on per 10 lots.
          .Up to date( 26/10 ) profits is rm1200 . If trading 100 lots the profits will be rm12000.

Advantage over contra trading is .....i) you can trade both ways. If HSI (futures) is up....you trade  "C"

                                                     .....if down, you trade "H" 

 What is Day Trading :

1) to buy when it is in an uptrend/downtrend.
2) to close on the same day or overnight
3) tight cut loss must be follow ( this is to protect your capital to fight another day )
4) target price will be on a trailing  tp.To take profits when the trend is losing momentum



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