Lee Shepherd
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I wonder if our stock traders, still own LLOY?
Hi SD,
I'm all out of this, Man Group included.
Originally in at Lloyds at 29 with staged targets at 15,25,30 & 35% with a final exit price of 45p. I took a total of 65% in 6 months on this one.
Nothing posted on T2W about this trade but Nik Hilsden and Ben(Trading) who I spoke with on Skype at the time and since would back that as its all recorded.
Man Group was entered at 69 with a final close target of 90, again chipped out at various intervals. The total on this was 21% gain. (NOTE: these percentages do not take into account leverage so depending on how aggressive one wants to be would depend on the actual percent made on account) Adding leverage will give a bigger percentage gain but on the other hand a bigger percentage loss. Money management is key and all that.
Also note - Man percentage is over 30% gain but because I chip in and out will vary the gains/losses, hence why I only took 21% and not the full 30%, even though the target price remained the same.
The same people on skype can verify (or not, who cares). My original post for Man was on the Man Group thread here:
http://www.trade2win.com/boards/stocks/153948-man-group-plc-3.html#post1913080
I said I wouldn't brag about it and to date I haven't, but what the hell. Woohoo, I made some money, now I can buy that pint of lager I always wanted.
Lee Shepherd