FMG sell trades
Held 3 500 shares short over night with the iron price breaking lower again and the increased China tensions/ economic slow down in regards to steel production concerns. I'll admit this was a big swing size wise for me and it worked out but I do still need to keep myself in check with risk management as it caught me out going long yesterday. I've left 750 shares short from 17.38 as a just in case this sell off continues.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
No comments yet. Be the first to share your view.