daytrades may 7 afternoon, page-119

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    I'm surprised to find out that it's been a positive week overall as the trading results have outstripped the portfolio losses.

    I reckon i've been 60% in stock and 40% cash across all accounts this week.

    I think the fact that some of my portfolio stock is cash backed has helped me.

    One stock i let go for a big loss this week was PZC (a timely TH today). I thought there would be a pump after cap raise ann. a few weeks back followed by shareholder approval, but after a phone call, i found out that all money is yet to be received and no shares have been issued as yet - still on watch.

    Super account stock

    GLN - a trade gone bad, but strong support at 2c - up 0.1c this week

    LRL - cash backed to 22c, down 1.5c this week

    GBP - trading below cash, up 1c this week

    PNX - roughie, down 2c this week

    BML - trading just above cash, down 0.4c this week



    CFD account

    ICN - holding from 37.5c, profitable trades helped write off half of stock loss without affecting balance



    Mid term account

    GBP - as above

    GLN - as above

    SPI - holding for news, down 3c this week



    trading account

    BRD - down 0.1c this week, a trade gone badly wrong (averaging down - keeping as a reminder of how not to trade) but willing to wait for tax time, possibly sell and buy it back

    ESI - down 0.2c from yesterday, decided to wait and see
 
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