Current Open Positions

[nomore4s]

OST x 1,250 @ $2.60 w/stop @ $2.37

 

[nomore4s]

CBA stopped out @ $33.95 which of course looks like being the low of the day, man I'm getting smashed today.

 

[nomore4s]

IPL @ $2.61 x 1000 w/stop @ $2.25

 

[Sean K]

IPL looks to be breaking that resistance at $2.50. I was keen to buy it as a knife catch earlier but hesitated. Gutless..Once the economy turns, this will be a great long term chip of blue.

 

[nomore4s]

WPL @ $43.60 x 200 w/stop @ $42.10

 

[nomore4s]

2 trades more trades for today, I didn't realised they were filled till I got home and checked my confirmations

NCM @ $32.60 x 125 w/stop @ $31.20 (pryamid trade)

NAB @ $22.11 x 300 w/stop @ $21.17

 

[nomore4s]

Results & Open trades for NRG portfolio as of 29/05/09.

Please note all prices on the open positions sheet are average prices including entry fees.

 

[nomore4s]

2 trades today.

AQP @ $6.20 x 500 w/stop @ $5.42
CEY @ $2.32 x 1500 w/stop @ $2.03

I might have to trim some fat today depending on how it all plays out - holding too many positions atm.

 

[nomore4s]

COE exited @ $0.425

 

[nomore4s]

COK @ $0.4798694 Ave x 8500 w/stop @ $0.435

 

[Iron Man]

COK - please keep it clean!

 

[nomore4s]

FML @ $0.03 x 75,000 w/stop @ $0.025

Bit of a gamble this one, but it is trying to breakout and should run if it can clear 3c and I've got a nice tight stop so lets see what happens

 

[nomore4s]

Closed out AWE @ $2.86.

Also looking to maybe close out STO today.

Closing out these stocks as they are underperforming the rest of my portfolio and I need to reduce my current risk levels on my open trades and I also have plenty of exposure to that sector, will look to re-enter if they decide to actually get on with it.

 

[Sean K]

FML looks outstanding.

 

[nomore4s]

Yeah its holding up okay today.

 

[nomore4s]

AQP closed out @ $5.96252 (ave)

 

[nomore4s]

NCM stopped out @ $32.711625 ave.

I hate it when that happens, stopped out on a spike down which reverses straight away. Trading sux sometimes.

 

[nomore4s]

Current open positions

 

[Sean K]

Are you trading these as in 'trading', with % risk, RR, targets, stops etc. Or more discretionary?

 

[nomore4s]

It is discretionary trading but I do use a max risk value with stops in place. I don't really use targets but have a target area to help determine my approx R/R before taking the trade.

But I do on occasion take trades based more on other analysis and goals if the opportunity arises - like the SSM trade - so I suppose it is more discretionary in that manner