I wanted to give an update for those interested in following my share trading journey. I wrote a blog about share trading for beginners back in April and on my Share Trading page I briefly talk about my strategy giving an example of my transactions over 2013/14.
So, here is an update for 2015/16 so far.
I have been a little slack with my investing lately as I have been travelling overseas and missed a lot of positive buy triggers; however I am still plugging along regardless.
It’s been an interesting journey over 2015/16 with the changes in Government and all the hoo-ha about the Brexit etc. On my share trading page I mentioned my profit over 2013/14 as $442 and you can see that I have successfully turned it into a new profit of $1,116. The fastest trade I did was six days and the longest was 127 days which I sold for breakeven.
An interesting event has presented itself in BHP. I bought the shares in February 2015 for $32.17 and very shortly after that they were hit with a number of global set-backs. Currently they are sitting around twenty dollars and will take a little bit of time to trudge their way back up. In the mean time I will just bide my time and wait patiently for the mining giant to correct their position for their shareholders.
Here is the chart so far.
As you can see though, I don’t rely on just one trade. I have several going at one time. This covers events like this that stall my trading and I can concentrate on the others, including my recent purchase of SEEK shares.
What is your story?