LM portfolio as at 22/03/2024:
| Code | Sector | Date Bought | Cost | Value | Gain/Loss |
|---|---|---|---|---|---|
| LM055 LM055-2 LM055-3 |
General Financial | 11/01/2023 02/05/2023 20/12/2023 |
£3850 | £5790 | 50.63% |
| LM058 LM058-2 |
Support Services | 17/01/2023 20/07/2023 |
£2540 | £2860 | 12.47% |
| LM061 LM061-2 LM061-3 |
Aerospace & Defense | 20/02/2023 13/10/2023 08/02/2024 |
£3820 | £4920 | 28.74% |
| LM071 LM071-2 LM071-3 |
Construction & Materials | 24/07/2023 22/09/2023 29/01/2024 |
£3840 | £4720 | 22.80% |
| LM075 | Equity Investment Instruments | 02/01/2024 | £1270 | £1150 | (9.61%) |
| LM076 | No Specific Industry | 03/01/2024 | £1270 | £1180 | (7.30%) |
| LM077 | Electronic & Electrical Equipment | 03/01/2024 | £1270 | £1120 | (11.60%) |
| LM078 | Banks | 03/01/2024 | £1270 | £1370 | 8.38% |
| LM079 | No specific Industry | 22/02/2024 | £1270 | £1280 | 0.85% |
| LM080 | Media | 27/02/2024 | £1290 | £1300 | 0.54% |
Great news - another all-time high reached for the LISA Millionaire portfolio on Friday taking it above the £30k level for the first time ever.
If you remember back a few months I talked about an experiment where I bought some new shares that hadn't made a new 52 week high. These particular positions were made after the price of each had risen above their 200 day SMA and they had only recently been making new 52 week lows.
Typically when I buy new 52 week highs I will use the 200 day SMA as a stop but in these cases I couldn't do that as they were so close - or rather only slightly above - that particular moving average.
What I had to do instead was use a trailing stop in order to make sure I knew where to get out if the share price moved against me.
The positions in question can be seen in the above table where they have the codes LM075, LM076, LM077 and LM078.
One of those trades sticks out as it is in reasonably good shape at the moment. As such I moved the mental trailing stop loss up a little bit so that any losses will be reduced it it falls back. You can see the change in stop loss in the following price chart:
Unless something changes quickly I will find myself inbetween contracts at the end of this week and so I need to find something to do in the spare time between applying for roles, fielding phone calls about roles and, hopefully, the interviews.
I've spent the last 3 years working from home so any roles which require visiting an office will be a little strange to get used to at first but I am sure I will be able to adjust. Setting an alarm won't be fun - or paying for petrol...