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dailyworldtrader said:Hi,
Stop has been executed on IBM @ 95.30
We are short on Goldman Sachs Group
We have this new signal for today 14-12-06 :
Buy TXU CORP ( TXU ) @ 56.10 Limit 57.80 Stop 54.29
Book of closed trades
Royal Dutch shell Short 27.84 closed 27.50 + 1.22%
Bellsouth Short 40.84 closed 41.35 - 1.24%
Qwest Short 8.90 closed 8.64 + 2.92%
Newmont Mining Long 51.00 closed 52.24 + 2.43 %
Comcast short 34.99 closed 34.70 +0.82 %
Qwest Short 8.98 closed 8.63 +3.89%
E.ON Short 100.24 closed 96.90 +3.33 %
Capita Group Short 554.00 closed 545.00 + 1.62%
BP Long 575.80 closed 585.00 + 1.73%
Applied Materials Short 17.54 closed 17.05 + 2.79%
Aviva Short 785.00 closed 772.00 + 1.65 %
Dell Short 24.20 closed 23.50 +2.89 %
Halliburton Long 33.51 closed 33.99 +1.43 %
CocaCola Short 47.10 closed 46.50 +1.27 %
Axa Short 29.20 closed 28.80 +1.37 %
Sanofi-Aventis Long 65.90 closed 66.99 +1.65%
LonMin Short 3070 closed 3240 -5.53 %
IBM Short 94.35 closed 95.30 -1.00 %
TOTAL ACCUMULATED + 23.23 %
Hoggums : I have calculated again the accumulated and i dont see the mistake you say. For me now +23.23 % is correct. I can have more than one opened trade because I execute the trades with CFDs with 10 -20% margin per trade so I can have 4 or 5 opened positions at the same time. A profit warning can close a trade with a 10-20% loss but also can close it with a 10-20 % profit. In the long term profit warnings have no effect , one day you can have a huge loss and another a huge profit.
Hello DWT,
Firstly - good luck, and well done so far.
I suspect Hoggums point is that although the returns you've posted aren't in question, the overall % may be subject to debate.
EG - you have 2 positions open (say each equivalent to a stock holding of £1,000 - so tatal exposure £2,000) - each returns 2%. I believe you would calculate this as a total accumulated as 4%. However, within my portfolio I would record this as a 2% overall gain.
Hoggums - apologies if I've misrepresented you.
All the best,
UTB