Thursday, October 25, 2012

Gulf Keystone Petroleum

I tried this particular stock from the long side back in July, which I was stopped out of pretty quick. After getting a signal just over a week ago I opened a short position which is now in profit. Again, a trend follower should be comfortable in trading in both directions. Providing there is a trend signal given, then that is the green light to enter a trade and see what occurs. And if we are wrong, then our risk control will take us out of the position with minimal damage to our portfolio.

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