P Taker: Sell ANZ, DXS, RCR, STO Buy: SGM
P Hybrid: Sell EWC BuySGM
P Runner: Sell SDG Buy SGM
Whilst the Australian Market is struggling compared to the US Markets there is one Industry over here that is going well & that is Steel.
ARI that I bought last week is going well, other companies that I considered were FMG, BSL, AGO, MGX, SDL & BCI but decided on SGM as it gives a lower risk if I am wrong.
The only thing we can control as traders is how much we lose if we are wrong, we have no control over how much we may win.
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