Welcome again to the follow my trade section of this site and today I’m going to show you the entry I took yesterday with Santos. This is an energy stock on the ASX and one that I have been watching for a while.

Its been hugely influenced by the oil price which as we know has been in the doldrums for quite a while.

However if you have been following my weekly updates I have been saying for a while that this sector looks like it has seen a lot of demand coming in at the lows and it has broken its downtrend.

It is for this reason that Santos was firmly on my radar.

So I thought the best way to share my thoughts and show you how I took this trade would be to put together a short video which you’ll find below.

Well I hope that wasn’t too confusing and gave you some idea of how I take my trades and how position sizing is crucial in your planning.

Oh and heres the buy confrmation as well, I like to make sure everything is above board and transparent with proof of purchase.

I’ll update this trade as it progresses so keep coming back to this section or follow me on facebook and we’ll see how it pans out.

Do you have any thoughts or questions regarding how or why this trade was taken? Feel free to leave me a question in the comments section.

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