My personal portfolio
Comment of the Day

September 25 2014

Commentary by David Fuller

My personal portfolio

An unprofitable hedge trade rolled forward

David Fuller's view

It feels somewhat masochistic but I decided to roll my small platinum position forward because it is oversold and also has hedge qualities.  My October contract platinum positions purchased on 22nd July at $1490 and 31st July at 1465, expired today at $1313.20.  I had them on automatic rollover so I simultaneously purchased January platinum at $1315.60.  These prices include all spread-bet dealing costs.   

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