Latest Trade (6 May 2022)

Since my last update, I have made just 1 trade.

  1. Short Rio Tinto (London), position size $220k, profit $600

Below is the screenshot of the trade taken just before position closure.

I initiated the trade as a play against iron ore, but didn’t feel very comfortable holding the position. I was concerned about a possible strong rebound today in the markets. So I just quickly closed the position as soon as I had a small profit. If the markets do rebound strongly later today, I may take up another round of short positions.

Author: novaliser

I have been trading since 2012, and retired from the corporate world in Dec 2021 after accumulating enough profits to feel comfortable living without a stable monthly income.

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