Commy, I think you should be fine with those, most indicators are suggesting that a good fall is due.
I was just curious to what you were using as you were obviously prepared to stay in for a little while. But you have been smart and bought enough time so that it shouldn't be an issue. I usually get sucked into buying the current month (cheap price) and then need the expected move to happen straight away. Although my last ETO RIO trade i sold at a small loss after being in for 1 week only to see them triple in the next two days!!
But this wouldn't have been an issue if I had bought the next month!
I have been using CFD's to try and improve my discipline
and to take the time issue out!
alert watch ... next possible short entry ..., page-14
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Last
$116.47 |
Change
2.310(2.02%) |
Mkt cap ! $43.23B | |||
| Open | High | Low | Value | Volume |
| $115.31 | $118.48 | $114.83 | $158.6M | 1.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 225 | $116.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.58 | 1000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |