Recently I joined Simon Brown trading a CFDs with Think Markets Jose and I are chatting about my experience.a
- My first experience trading equity CFDs
- Impact “of no minimums”
- Perfect trade in the CFDs
- Update on the portfolio
Open Trade
- The Foschini group (TFG) Long: https://villagetrader.co.za/2020/08/09/tfg-bullish-divergence-trade/
- BHP Group Short: https://villagetrader.co.za/2020/08/13/bhp-group-graveyard-doji-kangaroo-tail-reversal/
- Glencore (GLN) Short https://villagetrader.co.za/2020/08/20/glencore-gln-head-and-shoulder-trade-plan/
- Bidvest (BVT) Long: https://villagetrader.co.za/2020/08/18/bidvest-bvt-head-and-shoulder-trade-plan/
Closed Trades
- Sasol (SOL) Long:
- Entry R153
- Stop loss: 126.31
- Take profit: 217
- Actual exit: 126.31 Initial stop out.
- P/L – R26.69
- Implala Plat Short
- Updated stop loss. R171 on Thursday August 2020 based on 2X ATR
- On friday 2XATR was at above current stop at R175.80 meaning doing nothing with the trade.
- Plan link : https://villagetrader.co.za/2020/08/24/implala-platinum-graveyard-doji-kangaroo-tail-reversal/
- Stopped out on 24 August 2020
- Actual exit 171.23
- P/L -R5.24
Account update: 22 August 2020
Current balance (Margin) : 971.43
Current Equity: 1079.61
Paper P/L: 108.
Account % move (incl paper P/L): +7.8%
VT portfolio unit value : R10.80 +8.62 from R9.94