- Joined
- 30 May 2017
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Unfortunately went ahead with the purchase. Fortunately got out before the big gap down in late August. Still a realised loss in my account as documented in my spec portfolio.
Turned out to be a bit of a trap back in May … I assume you didn't go through with that Aus?
Unfortunately went ahead with the purchase. Fortunately got out before the big gap down in late August. Still a realised loss in my account as documented in my spec portfolio.
I used to know Sam and Julie Ingham in my earlier life.My first short trade placed today, and ING is the lucky stock to receive that honour.
In at $3.47 so will be watching closely.
Do you have a specific target to exit?
Am also interested, what triggered you to do a short?
Do you have a specific target to exit?
Or just when the trend stops etc?
Your thinking is good @Trav., interested in how you will develop your shorting skills.Why do a short?
I suppose the beauty of AmiBroker is that you can test systems at a click of the button and testing a short was just a natural extension of my development. While the market is up now it will not always be and by placing a few shorts will give me confidence in the system / cfd provider and myself. Currently the back test split is approx 60% long / 40% short.
Just a really quick / simple markup on my thoughts for entering this trade
View attachment 99119
Thanks for the explanations and charts....
No target on this one, so will watch until trend changes and pull back occurs. Trail stop is also on place.
Am interested if you jumped off, and maybe on again?
“We’ve got to get full price recovery and that’s our ambition,” Mr Reeves said.
“It’s the full spectrum of costs we are dealing with. [Our customers] are tough negotiators, there’s trade-offs and gives and takes in all of that. But the critical issue [in not passing on the full-cost increases] is the timing issue.”
Direct effect Price of KFC, chicken burgers to go up by 20 pc.Inghams Group, the country’s largest chicken producer, will hike poultry prices further to recover costs of rising feed, packaging and freight.
Chief executive Andrew Reeves said company, which supplies supermarkets, restaurants and fast-food chains in Australia and New Zealand, would seek to recover its full-cost increases, after the latest round of increases only covered some of its higher costs.
Inghams said its cost of sales increased by 10.9 per cent.
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