• Portfolio Management for May 22, 2015

    The energy and oil short positions that were opened two days ago had to be closed either at a loss or breakeven.

    Indeed, when a new trade has made some gains, I do not like to see it revert and then start to produce losses. This sort of behavior carries the hallmark of a trading trap. I prefer to exit the trade and then reconsider.



    As a consequence, the portfolio is losing money this month, with a drawdown approaching 3%.





    We are now carrying two 1/2 short positions and one long. The Portfolio is therefore in a neutral situation. The short positions did not attract much buying.





    The list of trade ideas for today is below:



    Below is a small note regarding the changes we are making to the Trade Ideas section.
    The Trade Ideas section will update in real-time the prices of all the ideas set in the above Table. Pre-alerts and confirmed alerts will also be sent by emails. (These alerts will start next Tuesday. Make sure that your settings will allow you to receive them. You can adapt your settings in "My Profile" and then "About me.")

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