Dave’s Trading Diary

This page is dedicated to showing you Dave’s Trading Diary – when the market is moving this page will show you Dave’s open positions.  It is designed to give you another look at how someone invests in the market.

All the trading rules used to enter and exit are in our own special stock market systems, and these extracts are for educational purposes only and should not be interpreted as investment or trading advice.  You can view the Terms of use, otherwise go ahead and enjoy!

Hope it helps.  And if you like it, please subscribe (at bottom of page or top right) and link to ASX Market Watch from your site.

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Current Open Positions:

Last Updated: 5 February 2012

Date Stock Code Company Name Buy Price Current / Sell   Price Percent Change
30.01.2012 BLD Boral $4.13 $4.18 1.21%
30.01.2012 BLY Boart Longyear $3.62 $3.67 1.38%
23.01.2012 MND Monadelphous Group $21.68 $22.24 2.58%
23.01.2012 ASL Ausdrill $3.37 $3.52 4.45%
23.01.2012 DOW Downer EDI $3.62 $3.54 -2.21%
23.01.2012 DML Discovery   Metals $1.56 $1.61 3.21%
23.01.2012 MTU M2   Telecom. $3.22 $3.20 -0.62%
23.01.2012 ILU Iluka   Resources $18.29 $17.30 -5.41%
23.01.2012 AIX Aust.   Infrustructure $2.02 $2.03 0.50%
20.01.2012 SGM Sims   Metal $14.84 $14.90 0.40%
20.01.2012 GRR Grange   Resources $0.58 $0.60 2.59%
19.01.2012 COF Coffee   Int. $0.50 $0.57 15.15%
19.01.2012 FKP FKP   Property Grp $0.61 $0.63 4.13%
Average   Percent Change: 2.49%

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March 20, 2010  Tags: , , , ,   Posted in: Dave's Trading Diary

16 Responses

  1. Colin Griffiths - March 20, 2010

    Good work Dave, the diary is out.

    Cheers Colin.

  2. Colin Griffiths - April 23, 2010

    Really enjoy reading your diary Dave, keep up the good work.

    Cheers Colin.

  3. Colin Griffiths - April 28, 2010

    The ASX200 is really touching the 4800 mark…I suspect a bounce Dave with some support offered in NOV and DEC 2009. Interesting times ahead and of late I am a little pessimistic. Greece is lettin gthe recovery down but are we due for a correction below trend, would it be healthy?

    Cheers for the good work…

  4. Dave McLachlan - April 29, 2010

    Hey Colin – great call, and notice that it bounced directly off the longer term trend line yesterday, and is flirting with it again today.

    A sell signal on a longer term would be a Dow Theory exit on a weekly chart (like Dec 2007).

  5. StuntTrader - May 5, 2010

    Hi Dave,
    Just found your website & Trading diary, very interesting, you like similar stocks to me, have put you on my Blogroll list.
    Regards
    ST

  6. James Muller - May 26, 2010

    Gday Dave

    I am new to your website – great thanks.
    I see you going long in a down trending market with ANZ and RIV both stocks are trending down – ANZ more so than RIV- would’nt it be safer to have shorted these stocks.
    Just interested in why you would go long?

    Thanks

  7. Dave McLachlan - May 26, 2010

    Hi James –

    Great question, and in fact you are right. It is a bold trade, with a lower win percentage. But the idea behind it is trade management – both stocks now have stop losses at break even, for a theoretical risk-free trade.

    As the overall down trend of the market unfolds however, I’ll definitely be looking at shorting opportunities again!

  8. Christian - September 22, 2010

    Hi Dave,

    Great website and videos nice to see another persons trading diary and the reasons behind entering those trades.

    Do you have a Profit/Loss Chart of your trades since you began trading. I i.e a Chart or table showing the funds you strated with and a graph showing your growth.

    I think that would be really usefull to a lot of traders.

    Keep up the goodwork

    Many Thanks

    Christian Turner

  9. Dave McLachlan - September 22, 2010

    Hi Christian,

    Many thanks! And yes – I don’t have a chart made up currently (my excel skills are not very good!), but I think they are fantastic – especially tracking against an index or similar. Will look into doing one up for the site as time permits!

    Best – Dave

  10. Sanat - October 31, 2010

    Hi Dave

    I really appreciate the time and effort you put into this website and videos. Thanks for sharing your knowledge. Are you on Twitter by any chance (search #asx)?

    Cheers

    Sanat
    Auckland, New Zealand

  11. Dave McLachlan - October 31, 2010

    Hey Sanat,

    Thank you! Really good to have you here. I’m not on twitter currently, but will definitely look into it.

    Hope your trading is going well – Dave

  12. James Muller - December 5, 2010

    Gday Dave

    Thanks for your diary and market watch.

    Do you have a summary of the trades you have taken for this calendar year showing entry, exit and profit or loss?

    Thanks again

    James

  13. Dave McLachlan - December 5, 2010

    Hey James – I have been looking at something like that for a while. As I get more time here I will definitely find a way to put it on the site!

    Cheers – Dave

  14. Karl Gubbay - June 20, 2011

    Subscribe

  15. Thex1138 - November 8, 2011

    Heya Dave, did you get to spin-up a twitter account amigo?

  16. Dave McLachlan - November 15, 2011

    Yes, am now on twitter – @ASXDave. Have uploaded the feed to the left sidebar too :)

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