I've not held UTW:Utilitywise for long, and I do really like the company. The other stop loss was triggered on my pension fund. I think at the very least I've not lost out, but maybe it's marginal. I've had to pay an extra £23.90 commission for my 2 purchases and have ended up with half as many Big Yellow shares, but do have a load of gold mine shares instead. If I had kept the shares, I would have lost £54.48 of my profit. I'm not exactly sure how all that ended up, but I think it's favourable. Seeing as I didn't want to sell them in the first place, I bought 127 at 812.4p with £5.16 stamp duty costing £1.048.86. That left another £1000 from the Big Yellow Group sale - what should I do with that? As the price of Big Yellow dropped, I realised I could buy back in at a lower price and not lose out. Add to that a 7.93% dividend and I was hooked. Despite the price of gold they are doing well, and everything is green on my spreadsheet. Top of the list was CMCL: Caledonia Mining. I resigned myself to the fact they were gone and started looking at my "next buys" list. I felt robbed though - I wanted to keep the shares. The share dropped 24p today, so the stop loss triggered at 823.9p before hitting 806p at the end of the day.
As this was currently showing a nice profit, I decided to protect it. It was very much a "just in case" move.īYG:Big Yellow Group is one of my favourite shares, but it has been incredibly volatile, with swings of up to 70p a share in a few days.
Within 30 minutes of trading this morning, both had triggered and I was faced with a dilemma, as I hadn't planned for this scenario. However, in this case I used them to protect my profits. I haven't used them before, as I was nervous of spikes in the price resulting in me selling for a loss when I didn't want to.
I took a look at some of my more volatile shares yesterday and decided to protect the profits by placing some stop-loss orders.
0 kommentar(er)
