29 February 2012
COSCO shorted at 1.21 Using CFD
Reasoning
Weekly chart bearish engulfing;
I've been holding this stock and not been intending to sell yet but knowing that price may correct potentially. If price rises, I have stocks and will not lose money overall; if down, CFD makes money and I can take profit when bullish signal appears while stocks still in hand.
Should have adopted this strategy ealier...
Weekly chart bearish engulfing;
I've been holding this stock and not been intending to sell yet but knowing that price may correct potentially. If price rises, I have stocks and will not lose money overall; if down, CFD makes money and I can take profit when bullish signal appears while stocks still in hand.
Should have adopted this strategy ealier...
Labels: CFD, Live Trading Records
