My personal portfolio
Comment of the Day

March 04 2010

Commentary by David Fuller

My personal portfolio

One gold futures trade stopped out

David Fuller's view I am running a tighter ship in terms of stops on most current positions in my leveraged trading account. While this does limit downside risk on long positions, it also greatly increases the risk of being stopped out unnecessarily by a temporarily adverse move which proves to be of no lasting consequence. Today, I was stopped out of one-third of my gold position at $1126 for the April contract, against my purchase at $1124.3 on 13th January. These prices include all spread-bet dealing costs.

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