I've been able to hold a fairly sizable position (Short) in XOM and ride out the price action without losing more than 7% on the position and less than 1% of portfolio. I purposefully left room to add at better prices as we often do with positions that are phased in to.
Looking at the charts, I'll just post a few different timeframes with no drawings, the charts should be obvious.
1 min
10 min
30 min
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment