BSL 1.32% $20.69 bluescope steel limited

Hi Ana,The strategy is working well, however I am holding a...

  1. 1,065 Posts.
    Hi Ana,
    The strategy is working well,
    however I am holding a hedged Long position at the moment.
    I will only recover my capital and a medium profit when it eventually turns up,
    more than likely today.
    It would have been wiser to trade it both ways.
    The big $$'s were to be made on the way down [of course].
    The good thing is that any upturn preserves rule number one.
    My method dictates I trade both directions,
    but I have to admit I am biased towards Long positions.
    Cheers,
    U2
 
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