Recent content by bigal60

Hi hope this isn't a dumb question: just been informed by IG that POLO RESOURCES LTD will be paying a dividend of 3p/share tomorrow and that I should be aware that the SP will probably drop, presumably by 3p? Current SP is 6.36p and I have a stop at 3p (£5 A POINT). What do I do? If it does...

Hi I would go for IG Index as you can start at 0.10/point for the first 2 weeks; 20p next two weeks; 0.50p next two weeks and finally £1.00/point after the 6 weeks. Regards, Big Al

....and if so what would be a sensible stop??

I'm a beginner so bear with my naivety...I'm assuming you're thinking now is the time to go long?

Hi don't see a problem if everybody is happy with the arrangements...

In my humble opinion you're absolutely right; 3-6 months from now it'll all be forgotten and there'll be a mass scrabble to buy in....think I'll go long £1 a point LIMIT to open at, say 480-500? Sound reasonable? Big Al

There's no doubt that this has contributed to my recent run of losses in very large part; also having done some checking I now realise that I have been using very tight stops in the market conditions you describe. Somehow I've picked up on the idea that you should ALWAYS use tight stops to...

Hi the honest answer to that is I'm not sure; perhaps this is not one of my brightest plans? Anyway the two sells I'm currently trading are short term trending down - but then again what isn't at the moment? If this is not a good thing to do then I guess I've learnt another lesson! Big Al

Hi no I have 2 sells and 3 buys all at 0.20p/point. The 3 buys have been running for about 3 weeks but not going anywhere at the moment (though plenty of stop in reserve), cheers Big Al

OK bottom line... here's a trade I'm thinking about next week so please tell me what you think; is it reasonable, plain stupid or genius (the latter being very unlikely!) BUY BRITVIC WHEN PRICE REACHES 480 (CURRENT PRICE 460) @ 0.20p GUARANTEED STOP LOSS 40 I've done some research, checked...

You've just descibed at least 6 of my losing trades! Perhaps I am too tight with the stops? I'll have to look at this again carefully, cheers Big Al60

Hi again BTW I've been using 0.10, 0.20 and now 0.50p/trade using TradeSense offer with IG Index. BigAl60

Can you post more information about your trading style? Hi many thanks for suggestions/advice, much appreciated. Basically I just look for trends using SMAs backed up by good/bad company news and the state of the market in general. I also look at ranging, channel breakouts, 52 week...

Hi I'm about 5 weeks into trading as a novice but obviously still early days. So far, and as far as I can tell, I've been patient and disciplined and followed my self-imposed rules to the letter. I only trade 1-2% of my account (starting funds £500), I always use a guaranteed SL and I NEVER...

Hi after Gladiator this was a very disappointing movie at best. I think he's a decent enough actor in the right role but this was not for him (in my opinion). It was quite a long film but felt even longer (much as I tried to like it).