Australian (ASX) Stock Market Forum

Short term discretionary trades---Real time examples

tech/a said:
Bought another 30000 DLS yesterday as well. at 13.5c.(Average now 15.5c).
Averaging down is not a good play--I have been able to do this without stress as i only initially took half parcel sizes.This is more a Risk Mitigation than a profit play---although it doesnt seem that way.
In the short term arena that and SRK is all I have open.

It's a definte no, no Tech!
 
Sold SRK @ 65c.

Still looks strong but as I'm going away will be exiting all positions.
 
tech/a said:
.

Still looks strong but as I'm going away will be exiting all positions.

No need to sell out of all your positions Tech, hand them over to me, I'll "discretionary" trade for you while you are away :)

It would be great to have a play with somebody else's money.

Look on the bright side, it would totally eliminate the emotion from the trading as I wouldn't have to worry about losing money.;)
 
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