Commercial Group Properties, Rio Tinto
Commercial Group Properties - a bad day has had to stop loss out of the trade due to a 6.11% drop on the day.
Compounded by the fact that the other trade Aquarius Platinum made 8.22% on the day and would have realised me about £500.
One option in future is to purchase both stocks but divide by day capital - however had I done that here I would have then profited by £250 which would have been reduced to £50 due to stop loss of other stock. Better to select the correct stock to begin with.
Aquarius Platinum is in a more bullish sector and perhaps I should have considered that instead.
Rio Tinto- buy as meets all criteria bar one and due to post big profits. In a bullish sector, Mining. One different criteria is that activity and cost both went up together but cost ahead of activity and a gap. Suggests non-UK interest too.
Compounded by the fact that the other trade Aquarius Platinum made 8.22% on the day and would have realised me about £500.
One option in future is to purchase both stocks but divide by day capital - however had I done that here I would have then profited by £250 which would have been reduced to £50 due to stop loss of other stock. Better to select the correct stock to begin with.
Aquarius Platinum is in a more bullish sector and perhaps I should have considered that instead.
Rio Tinto- buy as meets all criteria bar one and due to post big profits. In a bullish sector, Mining. One different criteria is that activity and cost both went up together but cost ahead of activity and a gap. Suggests non-UK interest too.
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