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Monday, March 28, 2011

Sold my holding of Best World International

Today I sold all my holding of Best World International @0.26 after about 3 months holding due to my short term financial commitment as well as no clear sign of future capital gain on this counter.

Overall base on my entry price 0.285 and exit price 0.26 after minus transaction cost I have encountered about 12.4% realised lost.

I think I am still not good enough to control my emotion and am too eager to entry into the market. As Mr. Buffet always mentioned we should limit our trades and only focus on high chances of success investment (margin of safety + fundamental strong financial results + wonderful management) then watch it carefully and hold it for long term.

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