tradersams blog

AQP close

AQP:  Closed my position in Aquarius Platinum today at 6.10 for an 8% loss.

Well, I certainly seem to be picking some stinkers at the moment!  I just reviewed the entry I made in this blog for the opening – and it sure looked strong.  I think I successfully picked the top 😉  Anyway missed the first day after I triggered the stop loss as I was busy on other things (working on a big project at the real job) so didn’t get to review all my positions the other night.  This was missed, so the sooner I sit down with Amibroker and set up my favorite indicators the better – and not usign many indicators that should be fairly easy.

wan close

WAN:  Closed my position in West Australian News today at 7.65 for a 2% loss.

You can see where the share bounced off my ATR based stop loss a couple of weeks ago, and looked like it might travel up the longer term trendline.  It didn’t and both stops effectively went off about the same time – the break of the rising trend, and the fll through the stop loss.  Anyway closed now, and I’m slowly winding back as we go into the Christmas break.