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10/07 Indices, page-96

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MohammedBigun

2,674 Posts.

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12/07/23

22:04

Post #: 68757366
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Originally posted by ClarkKent: ↑

$9,000 is not a material amount of money

My esteemed friends,
Today I present the 3rd instalment of my lunchtime trading clinics.
It is my way of giving back to society, I have much to be grateful for:
(The first 2 instalments live here:
Market agnostic trade: Post #:68659128
The dual threat: Post #:68618512 )

Today's lunchtime trade is a variation of the Dual Threat.

The trade took an unexpected turn, so I didn't get to try some tricks I had up my sleeve.
It was 1:57, had to close, duty called. (I think this trade had another $5,000 in it, but so be it)

$9,000 is not a material amount of money, but the trade has educational value.
$9,000 will be invested in CSL and VGS shares next Monday.

PS. No charts or trend following (LOL) was used during the execution of this trade, just brains.

Expand

Well after 3 years of CSL returning to its Covid Lows repeatedly, hopefully it's found Support, for your sake. That's 3 years of Opportunity Cost during one of the greatest Bull runs in history that you missed out on while holding onto this Stock.

Yes an Education for all. An Education in what NOT to do

XJO Value at posting: 7,135.7
3 Upvote

0 Great analysis

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