Recent content by Sidekicker

put up an ATR on the daily chart and you'll see what is average. On bif news days, they move more.

What's the best twitter feed to follow quick company news announcements. For example, BP Oil spill, company fines, supermarket horse/meat scandals, etc.? Needs to be quick, usually BBC and others are a bit slow.

1/ They get to use the bank's money 2/ They have access to cheaper spreads, equipment, exchange fees. 3/ Some people just like to earn a shedload of money and don't stop 4/ 250k isn't nearly enough for all the hookers and cocaine that they need to support.

What is PLATINIUM?! Is that some kind of new metal not taught about at school. I've heard of PLATINUM but what's this new one :)

I'm wondering if bigger market cap might help...although to be fair Aggrekko is £4b market cap. The question really probably comes down to how often gaos occur in the stock, a measure of the ATR, the market cap, and then whether it is worth it to pay insurance in the form of a guaranteed stop...

Check out Aggreko AGK in the last few days. A drop like that could wipe out a large part of your account.

What are some strategies for avoiding the dreaded gap down or gap ups when trading stocks. In the very liquid stocks, this doesn't happen so much, the big caps but still occasionally it can mess up all your calculated risk on stop losses. Paying for guranteed stops isn't really worth it either...

Don't forget to factor in the cost of holding open the hedge. What you list above is a 7% change in currency but you have to add around 1-3% for fx margin costs. Best way is to figure out the average monthly range and open a hedge above/below a certain point. Also, where are you gettin that...

If you are buying and holding then you wants to buy shares with a dividend, low P/E and little if any debt.

It's the amount of money involved that makes a difference. Fund managers, apart from mostly being terrible a trading, are just shifting stock and taking commissions, but they also have to steer a large amount of money in one go they can't click a finger and be in and out of trades every 5...

It is possible to make consistent money but most will not make the dreams they are sold. ...especially all this rubbish about compounding up and making 1 million in a year etc etc. If you do it properly expect around 50-100% max a year increase in your account but there are plenty of ups and...

I disagree, he is a salesman. He's just like the rest going on about his great calls but keeping very quiet about his terrible ones.

Anyone reckon on a post election crash?

It's very expensive, just sign up for the trial. Secondly, you can learn a lot from the letter just about how to guage what is going on in the world but don;t even think about taking his trades, he is not a very good trader as evidenced by his fund, which doesn;t perform very well.

My problem with P&F was always that it seemd like it was aimed at trading breakouts and this is almost always a case of getting to the party late...