August seemed to a long one. It is one where my alerts went non stop whilst i was in the midst of meetings. hahaha..
Anyway, today i had 4 sell transactions on my SRS account.
I took profit on Riverstone when 62c gave way this morning. I first entered this position sometime back in Feb this year.
Perennial China Retail Trust
This is one whereby i had ample opportunities to sell at much higher price. I first entered this position in Sep 12, see it move to the high of 66c before collapsing back close to my entry price again :(
I should have said "goodbye" when 58c give way but i didn't haha. Anyway, this is life! :)
Sabana REIT and Ascott REIT
I also cut loss on both Sabana and Ascott REIT when it broke below the recent low of 1.115 and 1.215 respectively today. Contrary to what you may think, i am actually quite happy cutting losses as it allows me to move on and rethink about how to deploy my money into more fundamentally strong stocks. The "trick to cutting" loss is to make them "palatable" and less painful but once your cut loss level is hit, don't hesitate. Cut and move on.
Anyway, probably this are the last few positions to cut loss. 7 remaining positions in the SRS account.
September will be a busy month for me where i will be flying around most of the time... probably will not have as much time to invest and trade.