My personal portfolio:
Comment of the Day

May 20 2011

Commentary by David Fuller

My personal portfolio:

Profit taken in lean hogs short trade; some short-term tactical thoughts

David Fuller's view Yesterday, I placed a tight trailing stop on my latest lean hogs short position to lock in most of the profit. This was triggered yesterday evening, around the time I left the office, according to Bloomberg's tick data. As a result, my June short was bought in at $92.00, against my sale at $93.49 on 16th May. These prices include spread-bet dealing costs of 15¢ each way.

That was probably my last commodity trade before going on holiday from 25th May until 6th June. However I will be keeping an eye on markets, out of interest and because I find it stressful to switch off entirely. We are all different but I have long felt that unfortunate people who do not like their jobs are the ones who need to switch off entirely during a holiday.

Fortunately, my time spent on Fullermoney feels like a labour of love far more often than not. Also, I regard the markets as a fascinating and personally important lifelong hobby. I know that many of you are equally interested in the markets, which are really about people and the world in which we live.

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