SaxoTV
Neighbour: My highs and lows trading mining stocks in 2015
405 views
Shorting mining companies provided Joe Neighbour the best and worst trades in 2015.
Neighbour decided in October to short Anglo America after a bounce and he closed the trade with a 13% profit. Unfortunately, the stock continued to decline with no rebounds to offer Neighbour a chance to get back in to the trade, making it his biggest regret of 2015.
Neighbour’s best trade was in August, when he shorted KAZ Minerals, a stock trading on the FTSE350. Neighbour sold the shares short and in just over a month he made 50% on the trade, making it the best of 2015.