...truly an excellent thread and thanks so much to all the posters - wonderful pov's ,lessons learned and strategies for learning and improvement...i've had some substantial ups and downs over the course of last year and am still learning on every trade - it's gut wrenching to be stopped out on macro and even worse when you know you should have been watching the signals and exiting accordingly...I adopted the ST and DT stance last year after suffering capital appreciation and erosion by being solely long - ST/LT on a select few has covered off many losses early on for me in my undisciplined approach to DT...my aim these days is free carry the LT where possible to enjoy the 12month 50% CGT but nothing is sacrosanct in a highly volatile macro environment where value can change hugely and even free carried longs could be made to work harder for a larger stake if played correctly...this year I am working on how to maximise value from less trades for less upfront capital, avoiding bear and bull traps and working on reading sentiment and charts a heck of a lot better...thanks to all the experienced and inexperienced traders that make this thread so incredibly educational and enjoyable - very grateful...on a closing note DOW down Chinese futures up - gold down a few bucks...dead cat bounce on the CSI 300?? -SPO has my full attention next week; LNG Ditto; MSB possible rev news very close; SMN -huge value @ these levels; PNV -that was FDA approval??!!?; CCF - pos 25break - keeping an eye out on vol spike on open; ADV - this one is a hidden gem; LPE - revenue looks compelling; BCF /A2m/AHF - if dead cat in china then retrace on the cards; 1pg -watching for break back up to 3.50target...enjoy the sun campers, a domani!!
