Trade Summary April 2011

Here is a summary of my portfolio performance against the ST Index. Over the last 3 months, the STI has grown about 5% but my portfolio has only gone up by 0.7%. This is significantly lower.
The reason for the poor performance was due to the selling done in March 2011. This was done after observing the selling rules of seeing 3 black consecutive candles. Unfortunately, after selling the stocks move aggressively up. Resulting is difference of about about $3,965 of lost opportunities. Which translates into about 3.8%. Looking at this year's performance alone, I am lagging by about 0.3%. Due to the wrong moves in March and April. See table below for details.

Month Ended	Total Value	Equity Value	Cash Value	Vested	Chg	Port Perf	STI val	STI Perf
31/12/2010	107,021.21	98,120.00	8,901.21	91.7%	12.6%	21.3%	3212	16.8%
31/01/2011	104,898.73	78,760.00	26,138.73	75.1%	-2.0%	18.9%	3180	15.6%
28/02/2011	104,988.58	18,350.00	86,638.58	17.5%	0.1%	19.0%	3011	9.5%
31/03/2011	104,999.09	67,770.00	37,229.09	64.5%	0.0%	19.0%	3106	12.9%
30/04/2011	105,604.51	24,650.00	80,954.51	23.3%	0.6%	19.7%	3179	15.6%

Looking at the cause behind the lag in performance, I will have to review my selling strategy. I need to consider some additional factors before deciding to sell.

Trades Since 01-01-2011	Qty.	Buy	Sell	Gain/Loss	Fees	NetProfit	Tot Profit	% ROI	Bought	Sold
Wilmar	4000	5.2500	5.360	440.00	148.72	291.28	291.28	1.39%	18/03/2011	06/04/2011
StraitsAsia	5000	2.4400	2.590	750.00	88.13	661.87	661.87	5.43%	17/03/2011	15/04/2011
HL Asia	5000	2.8400	2.820	-100.00	99.17	-199.17	-199.17	-1.40%	01/04/2011	15/04/2011
SinoGrandness	20000	0.4700	0.555	1,700.00	71.84	1,628.16	1,628.16	17.32%	07/03/2011	18/04/2011
Rotary	5000	0.9600	0.990	150.00	58.46	91.54	91.54	1.91%	01/04/2011	18/04/2011
Rotary	5000	0.9600	0.985	125.00	58.44	66.56	66.56	1.39%	01/04/2011	18/04/2011

Net Realized profit for April 2011: $2,540.24. Very bad compared to the losses in March 2011.

Well, it is quite demoralizing to see your stock shoot up immediately after you sell. This is frustrating but, I think given the market condition, I can't really fault my decision. We can't see the future. We can only base our decision on what we see in the present and past. It is certainly very inaccurate to use past information to make decision on the future. Unfortunately, this is how it can be done. No way out. Now that I am only 76% vested, I can't really expect good performance unless the market is going to drop by a few %? That was I was expecting actually.
So, I need to seriously improve my trend reading skill even more.