Recent content by PokerBrat

Did you get into BIP Sam? It broke out last week, but I think there is still more to come. I have my eye on 8-9p as an intermediate target. Would be interested to know more about your strategy for your SIPP. I have only recently consolidated all my pensions into one with HL. After a few...

I hate to do this to you, but I definately recommend you get Trading in the Zone by Mark Douglas. In fact, I recommend you read his book before you read any of the others. Getting your head straight is the most important factor in being a successful trader/invester. It took me a long painful...

Not so, I actually love tipsters. They do a huge amount of research for you and point you in the direction of opportunities that you may not have discovered by yourself. Unless you do this full-time, you simply wont have the time to scan hundreds of stocks each week. So you need to find a way...

You should rely on no-one but yourself. If you choose to follow someone else stock tips, you are still responsible for when to buy and when to sell. So it is your knowledge and discipline that will be the difference between making a profit or not. There is nothing wrong with using the...

The proportion of consistently profitable poker players is about the same from what I have read. The two are very closely related and require a lot of the same skills. I managed 4 profitable years at the felt, until this year which will be my first losing year. And I can tell you that it is a...

I see that you have found where to see a funds core holdings, so I won't go on about that. I hold a few speculative small caps in my SIPP, which I tend to look at as high risk/high reward. This means that I never have more than 10% of my capital invested across them: LSE:GAS - energy producer...

I would advise you take that $10k, invest it in something secure which compounds the interest, then go and join the Army and get on with your life. Then from your pay packet, take 10% each month and put it into your investment vehicle. You are 20 years old now, if you do this for 40 years you...

Dr B - are you still watching LSE:GAS? It looks about ready to breakout, although it is still on low volume.

Good stuff this morning chaps. Unfortunately, daytrading is not an option for me, but I have been short the S&P since Tuesday as it looks topped for the moment. Expecting a pullback to around the 1050 area. Geo - was interested in your 4hr bias change set up. I've looked at the link on your...

You can get the Turtle trading rules for free here: https://www.bsp-capital.com/documents/turtlerules.pdf However, a winning system is only one part of being a successful trader. The system offers you profit, but it is your attitude that will determine whether you take them or not. I can't...

Haven't read this one yet, but will put it on my list. The book that has changed everything for me is Trading in the Zone by Mark Douglas. The first two chapters pretty much summed up my first years trading experience in a nutshell. It was an epiphany reading his account of the journey of the...

Nice chart Dr. B. Looks like we need an acceptance above that 21SMA before we will see the breakout. HZM - seems to have found support at 7.75. I would wait for acceptance above this level and a base to be built around 8p. Then trade any breakout above this. VML - good example of what i...

lol - good luck with that my friend. my fingers are still burnt from when i first started trading, so i tend to be quite conservative now. On my current shortlist is this little beauty - LSE:GAS. Below is a weekly chart, which I like to use for these smallcap stocks, as the spreads are...

Thanks for your comments Dr. B. I have had a look at TMP and at the moment it doesn't look like a buy to me. Even though it is oversold and diverging, I would like to see some change of bias in the price action, with price breaking out of its downward channel. IMO buying this stock now...

Good thread guys. Happy to see a bit more action on the UK equities board. My favourite trading stock recently has been Taylor Wimpey - TW. It has been acting very nicely with some big moves up and down. It has plenty of liquidity and a very narrow spread. I am now long again from 41 as it...