I've been pretty quiet with CFD trading in recent times
And when I have taken a position it has only been a small one, which had been prudent because I have lost my mojo and have been wrong too often.
Small positions and money management means no harm done, but I'm out of sync.
The asx xjo index is right on the point of reaching 6000.
Our mkt has be very strong lately, but I'm watching to see if 6000 proves to be a resistance level.
I am looking to short more meaningfully at this level as I do see it as a potential turning point for a few hundred points.
Any other opinions out there?
Cheers
bendigo.
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