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Current Open Positions
- Thread starter nomore4s
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- nomore4s open positions
"Ironman why not start your own blog?", because I like yours better lol. This way I see whats up. Looking at your latest trades mining is back on the boil. I have 14 open positions most short. I am position trading due to other commitments for a while. Also Dow has much more to fall IMHO and I am trying to stay in the trades until this happens.
fair enough lol, I actually don't have 1 short trade atm. I've been looking for some short trades to hedge my portfolio a bit but I can't find any set ups I like.
I'm actually looking for a decent bounce over the next month or so but I'm probably just living in hope.
I'm actually looking for a decent bounce over the next month or so but I'm probably just living in hope.
TLS, FLT , ALS are my best shorts at the moment. I am sitting tight as I have too many positions open and the free commission is gone. There is a high probability that Dow will hit 5,500 to 5,000 before reversal. However predication and trading are two different things.
Current Open Trades
MND - 11.02.09 @ $6.05 x 500 - 1/2 parcel - Other half sold @ $6.87 - Also a 30c d/e for full parcel of 1,000 to be paid on 13.03.09
STO - 02.03.09 @ $15.04 x 275 w/stop @ $13.94 - Stop moved to $14.29
RIO - 03.03.09 @ $44.35 x 105 w/stop @ $41.67
COH - 04.03.09 @ $52.60 x 150 w/stop @ $51.22
ESG - 04.03.09 @ $0.59 x 6,500 w/stop @ $0.625
Also a copy of current results as of 08.03.09
MND - 11.02.09 @ $6.05 x 500 - 1/2 parcel - Other half sold @ $6.87 - Also a 30c d/e for full parcel of 1,000 to be paid on 13.03.09
STO - 02.03.09 @ $15.04 x 275 w/stop @ $13.94 - Stop moved to $14.29
RIO - 03.03.09 @ $44.35 x 105 w/stop @ $41.67
COH - 04.03.09 @ $52.60 x 150 w/stop @ $51.22
ESG - 04.03.09 @ $0.59 x 6,500 w/stop @ $0.625
Also a copy of current results as of 08.03.09
Attachments
As an addition I also still have a parcel of 10,000 SSM shares at $0.25 but won't be included in these results as per post when the parcel was brought. I have also brought another parcel of 10,000 @ $0.245 for my income portfolio - this parcel will be included in the income portfolio results.
ESG in a trading halt again, this time till Thursday and its for a capital raising.
Damn I knew I should have sold it yesterday, I just hope it's not at too much of a discount as the other stocks that have had capital raisings their sp ends up close to the capital raising price. Ah well, you win some, you lose a lot.
Damn I knew I should have sold it yesterday, I just hope it's not at too much of a discount as the other stocks that have had capital raisings their sp ends up close to the capital raising price. Ah well, you win some, you lose a lot.
nice to see that you are bullish.
CBA is offering current share holders $26 shares cut of tommorrow. I could get 384. Still not sure if its a good deal.
I prefer to by CFD on a move than a issue? any comments?
Got stopped out of TLS yesterday as my stop was tight to take profits. No new positions.
CBA is offering current share holders $26 shares cut of tommorrow. I could get 384. Still not sure if its a good deal.
I prefer to by CFD on a move than a issue? any comments?
Got stopped out of TLS yesterday as my stop was tight to take profits. No new positions.
NCM x 130 @ $31.25 w/stop @ $28.88
MPO x 3000 @ $0.99 w/stop TBA.
MAE x 5000 @ $0.425 w/stop TBA
Not happy today have made a few stupid mistakes.
ESG exited @ $0.635 - had a sell order @ $0.68 but forgot to cancel my stop loss @ $0.625 and was closed out at $0.625 - Damn it - Price is now back at $0.67 and some did trade at $0.68, cost myself 5c, idiot.
MPO x 3000 @ $0.99 w/stop TBA.
MAE x 5000 @ $0.425 w/stop TBA
Not happy today have made a few stupid mistakes.
ESG exited @ $0.635 - had a sell order @ $0.68 but forgot to cancel my stop loss @ $0.625 and was closed out at $0.625 - Damn it - Price is now back at $0.67 and some did trade at $0.68, cost myself 5c, idiot.
Current Open Trades
MND - 11.02.09 @ $6.05 x 500 - 1/2 parcel - Other half sold @ $6.87 - Also a 30c d/e for full parcel of 1,000 to be paid on 13.03.09 - Stop TBA
STO - 02.03.09 @ $15.04 x 275 w/stop @ $13.94 - Stop moved to $14.32
RIO 1 - 03.03.09 @ $44.35 x 105 w/stop @ $41.67 - Stop moved to $47.05
RIO 2 - 11.03.09 @ $47.85 x 45 w/stop @ $43.92 - Stop moved to $47.05
RIO average now @ $45.40 x 150 w/stop @ $47.05
CBA - 10.03.09 @ $26.90 x 300 w/stop @ $26.39 - Stop moved to $27.05
NAB - 11.03.09 @ $16.56 x 350 w/stop @ $15.84
NCM - 12.03.09 @ $31.25 x 130 w/stop @ $28.88
MPO - 12.03.09 @ $0.99 x 3,000 w/stop TBA
MAE - 12.03.09 @ $0.425 x 5,000 w/stop TBA
Please note no stops atm on MPO & MAE because they are longer term positions and will need to break major support to trigger an exit - probably should not be in this portfolio but.....
No stop on MND as it is a half parcel with profits already banked and will also need to break major support to trigger an exit.
Also still holding my SSM shares - 10,000 @ $0.25 goes ex d/e 20.03.09 (3.5c per share).
MND - 11.02.09 @ $6.05 x 500 - 1/2 parcel - Other half sold @ $6.87 - Also a 30c d/e for full parcel of 1,000 to be paid on 13.03.09 - Stop TBA
STO - 02.03.09 @ $15.04 x 275 w/stop @ $13.94 - Stop moved to $14.32
RIO 1 - 03.03.09 @ $44.35 x 105 w/stop @ $41.67 - Stop moved to $47.05
RIO 2 - 11.03.09 @ $47.85 x 45 w/stop @ $43.92 - Stop moved to $47.05
RIO average now @ $45.40 x 150 w/stop @ $47.05
CBA - 10.03.09 @ $26.90 x 300 w/stop @ $26.39 - Stop moved to $27.05
NAB - 11.03.09 @ $16.56 x 350 w/stop @ $15.84
NCM - 12.03.09 @ $31.25 x 130 w/stop @ $28.88
MPO - 12.03.09 @ $0.99 x 3,000 w/stop TBA
MAE - 12.03.09 @ $0.425 x 5,000 w/stop TBA
Please note no stops atm on MPO & MAE because they are longer term positions and will need to break major support to trigger an exit - probably should not be in this portfolio but.....
No stop on MND as it is a half parcel with profits already banked and will also need to break major support to trigger an exit.
Also still holding my SSM shares - 10,000 @ $0.25 goes ex d/e 20.03.09 (3.5c per share).
Great day for my trading portfolio today.
This game can be frustrating at times but when things click it can be very rewarding. My portfolio has slowly turned to completely long as I couldn't find any good short set ups and the shorts I had all failed and I was and still am getting some strong buy signals.
I think we will get a good rally from here and I'll try not to get shaken out of my positions too early.
The trick now is to manage my open positions and try to get some good exits, will be looking to partial exit a few of the holdings - RIO, CBA NAB, and of course look for more trades both long & short.
This game can be frustrating at times but when things click it can be very rewarding. My portfolio has slowly turned to completely long as I couldn't find any good short set ups and the shorts I had all failed and I was and still am getting some strong buy signals.
I think we will get a good rally from here and I'll try not to get shaken out of my positions too early.
The trick now is to manage my open positions and try to get some good exits, will be looking to partial exit a few of the holdings - RIO, CBA NAB, and of course look for more trades both long & short.
what made you buy CBA at 26.90 was it a Fib 50-60% retrace? or the building reversed HHS.? In any case it was a great trade. I caught the tail end @ 30.33 and sold @ price target 31.16. This was a great trade for my account as I got a tight stop for position sizing. Seems live is comming back into the market and closed alot of shorts to take profits of the table. 6 long 1 short.
Neither really, was looking for a higher swing low pattern after the gap in early Feb had been filled to confirm the strength in the stock.
Like I said when I posted the entry, this set up can be a bit risky as you can get stopped out on the same day or the next day but when it comes off you can end up with a 5+ R/R winner.
Like I said when I posted the entry, this set up can be a bit risky as you can get stopped out on the same day or the next day but when it comes off you can end up with a 5+ R/R winner.
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