Saturday 19 December 2015

Stocks: 21st December 2015

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. These are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


System status

WETT System** - Off (As at 16 November 2015) Take no extra positions. Stops ratchet up to protect capital

Opening Stock Trades

WETT System

Nil

Closing Stock Trades

WETT System

ASB sold after a dramatic fall losing the full risk allocated to this trade - This is guaranteed to happen with ANY trading system. It simply part of the grind. A nice trend suddenly dies and you lose money. It is our ability to withstand this type of loss that leads to our success as traders

Chart(s) of the day

Nil

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Disclosure - Personal Interests: ALU, GTY, ISD and MQA


All Stock charts courtesy of www.IncredibleCharts.com


** WETT Trading style is Similar to the methodology described in 'The Weekend Trend Trader' by Nick Radge. Buy his book if you wish to discover how I am generating these signals (note: I do not receive any benefit from promoting Nick Radge)

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