Closed Revolve

 

Closed out my revolve position just now.

Only had USD$36 profit. 

It should be less than that when deducting the cost of 2 transaction fees.

Main reason for closing is to boost available funds.

Before closing, Available funds was at SG$60.

Now it is $652. Not really sure how that works.

But I read before that if you set a Stop Loss, you will have more available funds.

If your available funds becomes negative, they will give you some warnings and eventually sell your shares.

Maybe I should explore setting stop loss for my shares, at a price which I think it is highly unlikely to reach.

That way, I will be able to see how much the available funds change.

Another thing that I thought of just now. There should be less regrets selling shares now, as it will be a volatile period until the US election result is confirmed. 

Which might be the end of next week.

There are fears that Trump will dispute the result if he loses, and the nation can plunge into chaos.