A few charts if anyone is interested
In summary, the weekly chart is not a pretty sight, it could get very scary if things dont turn shortly,
But then the daily may be offering a glimmer of hope, but that's only a 'may', we'll have to wait until say early next week to confirm this.
Weekly
daily - bigger view
daily - up close
Willbio, here's a couple websites that mention hedging using CFD's. I haven't got any book suggestions even though there's sure to be some around, but at least these will give you a brief outline of what its all about, hopefully they help,
One thing though that I've noticed is they always seem to suggest or use as an example you covering your entire long postion ie. 100%
In the real world that's not always necessary and I am quite often adjusting my hedge position depending on what level of preceived weakness that may be coming ie. 25% or whatever
I sometimes get it correct haha sometimes not but at the end of the day its all about protecting ones capital and if I manage to save a net cent or 10 here or there imo its well worth it.
but of course the use of CFDs or similar in inexperienced hands can be very nasty so please understand them fully, as always DYOR and speak to your financal adviser
https://www.macquarie.com.au/emg/prime/strategies_using_prime/using_cfds_to_hedge_portfolio.htm
http://www.youtube.com/watch?v=an278LgHdmY
http://www.youtube.com/watch?v=_iJQ7Rub0RU&feature=relmfu
cheers
at the turn of the tide...at first light , page-7
-
- There are more pages in this discussion • 175 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.90 |
Change
0.175(2.27%) |
Mkt cap ! $7.402B |
Open | High | Low | Value | Volume |
$7.84 | $8.00 | $7.82 | $9.393M | 1.188M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 153 | $7.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.90 | 10550 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 18136 | 7.900 |
11 | 6978 | 7.890 |
14 | 8925 | 7.880 |
10 | 31365 | 7.870 |
12 | 17441 | 7.860 |
Price($) | Vol. | No. |
---|---|---|
7.910 | 6059 | 28 |
7.920 | 15198 | 30 |
7.930 | 21444 | 18 |
7.940 | 10228 | 13 |
7.950 | 15610 | 10 |
Last trade - 13.08pm 17/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online