Short-Lived 'Home Retail' Position

On 9 December I established a position in Home Retail at 198.4. Having trailed my stop order to just better than break-even, it stopped out today at 199 for a profit of +£0.60. It cost me about 1p per day in rolling charges to hold it for the five days, so at least I came out ahead by +55p. I need to think carefully about how to spend this windfall ;-)

This stock has now gone on to the Stop-Out-List of my Position Trading Cockpit, so that I will be able to see at a glance when it becomes a good re-purchase candidate. Not in the near future, I think, as it started rising again almost immediately after stopping out. I might have been shaken out unnecessarily, but at least not at a loss. If it turns out to be one that got away, so be it.

Disclaimer: trades posted are real, but for general education and entertainment only and are not recommendations.
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