I think a lot of people who first start out in this business, werther it be full or part time, get a bit starry eyed when they find out they can trade T+3 and then get stuck on the roundabout of one good trade then one bad trade and some of them get very badly burnt because they are forced to bail out when they can't cover the trade.
I know I was one of them a little while ago but after being in that position it makes you sit up and take notice of other more experienced traders when they sometimes divulge their way of trading.
Anyway, back to CAP/CAPO.
I only have CAPO at the moment and was thinking of holding on to them to exercise in a couple of weeks. Yesterday was very tempting though and I think I will start trading them over the next cople of weeks as the one day up / down pattern is too tempting to miss out on.
Have a great day all
Cheers Nige
CAP Price at posting:
53.5¢ Sentiment: Hold Disclosure: Held
