Recent content by marben

...and taken small profit on the BOC long @ 1163. Opened @ 1145 on 5/12. Well, that's my trading finished for this year. I'm off on an extended Christmas break, back in late Jan, once I've analysed the results of my new trading methods (and seen what modd the market is in then).. Have a good...

Well, the market doesn't seem to like the defence statement much, so took small loss on BA. long @ 345.25 (opened @ 347 on 2/12). Also stopped out of SMIN long for a nice profit @ 1029 (opened @ 984.5 on 12/12) ..and loss taken on SAB long, stopped out @ 1025 (caught out by one of those sharp...

Hi Jon, Agreed! Shame I was away from my screen when SMIN hit a massive high this morning - still I've got a good profit guaranteed now on that - unless I decide to run it overnight. Just taken my biggest ever profit (scaled for 25% size I'm trading at): closed SDR long @ 952, opened @ 895.33...

'morning Dave, Seems a bit late this year (maybe selective too). Fortunately my trades are OK at the moment...expecting to take some profits today. From next week I'll be off, so I'm a bit constrained on time. Looks like the rally is having some impact across the pond but hasn't done much here...

'afternoon all, Covered the BRBY short @ 411 for a tasty profit. Opened @ 422.13 on 9/12. techst, Nice one on the YELL trade. I was watching that myself but it didn't dip low enough for me to enter. Good trading all, Mark

'morning all, Now long SMIN @ 984.5, so positions now: long BA., BOC, SAB, SDR, SMIN; short BRBY Good trading, Mark

OK, taken profits on BT long @ 217 (opened @ 214.75 on 7/12). Will leave SDR running, looks like it's going to close above yesterday's high. Expecting a major "Santa Claus Rally" in the latter part of next week. Keeping fingers crossed for remaining trades! Have a good weekend everyone...

Exited that earlier BSY trade @ B/E: didn't like way it was looking Remaining positions: long BA., BOC, BT.A, SAB & SDR; short BRBY Will probably take profits on BT (unless it looks likely to close above magic 218 level) & SDR (unless it looks likely to close above yesterdays close)

Thanks Jon - 'bout time one worked out out decently :) . ...and profits taken on PRU short by stop @ 515, after what looks like failure to properly break support @ 514. Opened @ 522.75 on 7/12. Good trading, Mark

Taken profits on AZN long @ 2731, as price seems to be retreating from earlier highs & 3 month resistance level. Opened @ 2621 on 18/11

Two new trades this morning: short BRBY @ 422.125. This is a "special case" trade, in anticipation of share price impact from next Tuesday's GUS demerger. Long BSY @ 494, trying to catch upswing. Current position: long AZN, BA., BOC, BSY, BT.A, SAB, SDR; short PRU, BRBY Good trading, Mark

'Morning all, I'm really just backing others comments here: the trade success ratio is not very meaningful and, personally I don't target it. If, for example you only have a 40% success rate but you make twice as much on each winning trade as on each losing one, you're doing very well! FWIW...

Stopped out of HG long @ 333, opened @ 344.25 on 23/11

:o Back into PRU short @ 522.75 - conditions for entry properly met this time.

Closed PRU short again @ 528 - bit of an opportunistic entry which failed (as usual :rolleyes: ). Will re-open on a longer term basis if price looks likely to close below yesterday's close.