Post #16: Portfolio update

As of last update, I still have positions in the ff. stocks:


1. $MCP

Average: P5.55
Current price: P6.44
Initial stop: P6.00

charts by www.bigcharts.com 

2. $BEL

Average: P3.67
Current price: P3.80
Initial stop: P3.75

charts by www.bigcharts.com

3. $IMI

Average: 6.93
Current price: P7.41
Initial stop: P7.00

charts by www.bigcharts.com

As long as these three won't break my initial stops, I will still stay long in my positions. Nothing to do now but to just watch my stops and look for opportunity (if there is) to add more positions.

Please take note that my stops are only soft stops. Unlike hard stops, that if broken, I immediately exit a position without any second thoughts; initial stops somehow only triggers my warning signal to watch my stops more carefully.