2008/09/10
Portfolio Updated (Sep 8, 2008)
News in brief :
this is the speculative positions open and close updated at 10th of September on my personal Equity NZ Portfolio.
As you can see, I've been stopped with a small relative loss on the last 2 speculative operations vs Us Dollar, open probably to early. I was looking for a rebound due by an incredible oversold on the most famous Trading Momentum Indicators, as Rsi or Williams. This shows you how important is the stop loss, overall when you work with leverage (in my overseas account usually is 1:20).
I closed the long Us Dollar position exactly where I thought. This is not mentioned in this imagine, because I did it this morning, because the price reached 79.84 as maximum against 79.90 I predicted a couple of weeks ago.
I also moved the Stop Loss on Fletcher to the Enter Price, so I won't lose anything in case the share suddenly should moved down.
Good trading to everyone.
Bye.
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