1. Most Discussed
  2. Gainers & Losers

the ridge list - almost stopped out

  1. geffa

    3,694 Posts.

    Since I applied theoretical s/l's to the 59 stocks in the Ridge List only 8 remain which I guess shows the volatility of our markets.
    The survivors are AUO, AVL, IGO x1, WBC x1, GTP x1, KZL x2, ASL x3 , PSA x3. (The x's are the number of times pyramided)

    Currently stands at $66,208 (including $41,977 cash)versus $59,279 for the vanilla Ridge List. Brokerage $1800 on 90 transactions. (Ouch)

    One observation: Some of the biggest winners (LOK, CTO, PNA) are stocks I would never have traded. Begs the question of which is more important, stock picking or money management?

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.