Eoin's personal portfolio profits taken in commodity position:
Comment of the Day

August 14 2017

Commentary by Eoin Treacy

Eoin's personal portfolio profits taken in commodity position:

Eoin Treacy's view


Platinum has rallied back to test the psychological $1000 area and pulled back today. I originally opened my position in platinum on January 3rd at $944 and doubled it on March 15th at $953.6. Those were April contracts which we rolled into the July contract on March 23rd at $962. These were then rolled into the September contract on June 16th at $922. I decided to take the profit on these September positions at $972.1 including spread-bet dealing costs for a small profit on what been a generally rangebound environment where I would have done better by being more proactive in selling strength and buying weakness. 

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