Just thought I would post a losing trade for a change. I have a heap of HDR in my super fund but also have been trading warants in my trading account< have done very well on hdrwme and not so well on the hdrwma also made good money on the hdro options a while back.
But I f****cked one up this week $$$ sold half of my fully paids at $1.98 ( average purchaseprice $1 ) bought hdrwmg sep $1.50 warrants when the f/ps were $ 1.94 have sold them today at a 20% loss ??????
So there you have it a poster posting a losing trade. I remain confident however and will be buying 100k at $1.80 if it retraces that low . Good support at that level with minimal downside I think.
Just goes to show as Sailor Girl says its tricky trading Mr Hardman. Much safer buying and leaving in the bottom drawer.
Cheers Hoot
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
