Year: 2002

  • Buy 5745 ALZ @ 1.40

    ALZ is Australand. They are property developers.

    At a Freestyler Network meeting in late July, I was told ALZ paid a 3c fully franked quarterly dividend (ex-div 9-Aug) and the stock was around $1.40.

    Downside analysis should it become a long term hold:

    An annualised 8.57% yield before franking credits.

    My overall portfolio is underweight Sydney real estate (I’m bearish on it but I’ve been wrong before).

    So stock market exposure to the property market.

  • Buy 1010 NCP @ 9.85

    Ouch another fall. Maybe I’m trying to learn Dollar Cost Averaging?

    I think it is not a good strategy for a trader.

    The case for is at Motley Fool.

    The case against is at Investopedia University.

  • Buy 950 NCP @ 10.46

    Time for another foray. I think NCP has fallen enough to jump back in.

  • Buy 820 NCP @ 12.20

    I’ve been trading NCPDP and other stuff without much success over the last month (nor keeping a diary).

    I return to a stock I think I know something about.

    But my position size is scaled back to $10,000.

  • Sell 2602 NCP @ 12.80

    Glad to be out with a tiny profit. It will probably jump up a bit, but the trend is down.

  • Buy 652 NCP @ 11.96

    It seemed too cheap.

  • Buy 1950 NCP @ 12.80

    Back from holidays and NCP is down again. So like a moth to flame I jump back in.

  • Sell 1940 NCP @ 13.34

    On holidays in Queensland and having a losing open position is stressing me.

    Sell so I can at least enjoy my holiday.

    Plus I can return and trade without waiting for my stocks to recover.

  • Trading Diary Corrupted

    Stuff happened (in an earlier version of the website) and this diary was lost.

    I’ve rebuilt the trading history from my records (and a backup) but have don’t have all the reasoning.

    Often on the losing trades that follow there was a day or two when the sell target was reached, but I didn’t have the sell order in because I was too busy.

    Live and learn.

  • Sell 1460 NCP @ 13.90

    Stop loss set at -$1.00. Had to learn that lesson sometime.