Saturday 22nd stocks held, and open positions that I currently have are -
long - FET, IAG, RCG, WEB (just a small amount)
overall increased profits
sold GXY (even) not travelling strongly and concerns that it might drop when the market oscilates down
MML - bought and sold twice - playing with small amounts - two small profits..
shorts - retailers - MYR, HVN, MYX..... added FMG (small amount) - price of iron ore down.......overall increased loss on shorts
SUL stopped out - loss
while I am down on the HVN & MYR I am hopefull that they will make some good profits for two reasons
1. I believe that they are both over valued and will drop when their fy. results come out.....
2. the market is now at the high levels of its trading band and due to oscilate down
nothing guaranteed, just talking in what I believe are the probabilities.....
and if things don't work out I can always join flem swimming with the dolphins at coral bay WA. - joking
it will be interesting to see how this entry by the 280 truck russian convoy into the Ukraine pans out...... waiting with bated breath.......
I thought I might post a copy of a check list that I have made up for myself to tick off before making any transactions...... I have made up similar sorts of lists for myself a number of times but I seem to get a bit lax in referring to it...... religiously checking of the list every time I am about to make a trade could avoid costly mistakes at times I think...... the tall skinny list is a separate page in the same window as my chart located on the right side