Hi guys
The new spreadsheet is here
http://www.expertwitnessinvestments.co.uk/15-August2008.xls
Simple now that everyone has the same share. The focus is on gain and loss and I am concerned that we only have stop loss rules on 3 shares, we need them applying to KZG and BARC I think.
You will see that the spreadsheet has a suggestion of a 5% gain or loss for the sell rules, I would suggest that from next month (the 3rd Monday), if the club doesn’t agree an alternative then such rules are applied to all shares for the stop loss by default.
Let me know your thoughts here >>> http://expertwitnessinvestments.wordpress.com/2008/08/17/accounts-august-2008/
I think that we should be looking at making more than 5% per share where possible. Apologies if I have misunderstood this concept Al.
I think the best way to go is to get stop loss limits established when a share is bought. If the share goes down it gets sold. If it goes up then the Stop loss limit should be moved upwards accordingly, by myself or whoever is setting the limits.
When it comes to the meetings, we can then look at each share and decide whether we want to sell if they are in the +ve.
I’ll get the stop losses set up for BARC and KZG on Monday.
Sweet