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Still room tomorrow
NST Exit Update
After a late cancellation there are still a few seats left if you want to come to the trading course I am teaching tomorrow. This will be the last one this year in Sydney so just letting you know that if you have been thinking about it there is still room and you are welcome to join us. Click on the link for the details.
http://www.easysharetradingsystems.com.au/Trading-Course/
The other day I discussed NST and an exit that works on conserving profit if it rises a certain % amount. I also said this strategy comes down to personal preference, sometimes working a charm and other times not. This time it worked well, NST fell all week from 1.75 (the exit) to todays close at 1.45 conserving around 17% of the 50% gain the stock had made after its rise from 1.10.
Whats extra interesting is I have this stock in my portfolio and am not using the profit target exit, like my client Tim is, I am choosing to go with a longer term exit. Time will tell how it pans out for me, in the meantime Tim would be smiling. If he stuck to his rules! (I am sure he did)
Cheers
Peter
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