Achilles.'s Blog

small cap easy rider...

Traded small cap's for a few years now with various degrees of success but on the whole i would say the experience so far has been a bit of a messy affair to say the least and looking back in reflection my experience hasn't been very profitable or enjoyable(maybe due to the former but not necessarily) for many reasons which i have found after a few months of self analysis and research, but for the remainder of this year and next im setting out to give my trading a chance of success by making some major changes and will log it here.
I have always been a fundamentalist and a successful stockpiker initially and can honestly state around 85%+ of all my trades in the past have been very profitable at some point but nearly always end at a loss or even.
In the future i shall incorporate basic charting techniques, stop losses and trailing stops into my trades and i shall see how this works out.
The reason i intend to continue to trade small caps is they can make the biggest moves in percentage terms in such a small time frame and other forms of trading are not appealing to me at this time.
If anyone has any experience in this field please share it with us or message me would be glad to hear from anyone in the same situation.
stocks i trade include ones which initially have a market cap of #6million and over , long or short positions.

Achilles.

You need to look at the market your stocks are in before you look at the stocks.
It's no good just looking at stocks in isolation. I emphasise this point.
If the market goes down it will take your good stocks with it - and vice versa.
"When the tide goes out in the harbour, the good ships go down along with the bad".
Been in this game 15 years and learned the lesson.
Glenn

Silver Lining.

Buy OVG Ovoca at 11.2

Market is becoming aware of this minnoe miners potentially world class silver deposit.

Mini Oiler BIG potential . PELE Petrolatina.

Decided to add PELE - Petrolatina to my new portfolio on friday at 26.5 , listed on AIM London this oil exploration company has come along way in the last few years , investments in assets around south america over the last few years are now bearing fruit , apparently an aquired pipeline alone is now worth more than the current market cap ($40m) this will show on the next results as an asset increase , significant announcement that a revenue stream increased 4 fold has been issued but this is a small part of the story which has not been relayed to the market as yet.
Came across this Audio recording from another website where the Chairman Greg Smith last week explains how wrong the Co's share price is on a fundamental and prospect basis.

Windows Media Player
http://homepage.ntlworld.com/susan.shirley1/tu/pic/PELEup.wav


http://www.petrolatinaenergy.com/

Achilles.