How Not To Trade Shares

This site will be my share trading diary. I will record which shares I buy and sell, their prices, why I bought or sold them, and any other relevant information. I will also keep a running count of my total profits/losses so you can see at a glance whether I'm worth listening to or not.

How Not To Trade Shares

Please comment and share your thoughts.

Bought MAP Shares

I bought 300 MAP shares at $2.36 each for $708.
Brokerage was $30 + $3 GST.
So I've spent $741 overall to buy $708 worth of shares.
Then of course I will have to pay more brokerage to sell the shares again. This is why buying small numbers of shares is bad, you have to see a fair % increase in their value before you even break even.

Sunday, July 26, 2009

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