This week's "Trade of The Week" is a really interesting one because it provides an almost textbook example of pyramiding into a trending stock. (If you're wondering which textbook I'm referring to, I mean my Position Trading book, of course)
The IG Index chart (aren't they great?) illustrates it nicely:
Having established an initial £1-per-point long position in late July at a price of 73.24
Monday, 20 August 2012
Trade of The Week: Textbook Pyramiding of Home Retail Group
Posted on 06:30 by Unknown
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