Recent content by Beachbuoy

Agreed, I am one of those people! So far, the fee that I paid has made me more determined to make it work. And it has.....just about!

A long(er) term user of PIE I went on the PIE course in Nov 2014. I knew nothing about trading. I learned a lot that day. Off I went and made an annualised profit of around 25% in my first few months which started when I was really comfortable (or so I thought!) about Feb 2015. The Black Swan...

It might be of interest to some of you to know what has happened to my account recently. Just before the most recent drop in the ftse, one of my outstanding trades closed for a small profit. This was lucky because shortly afterwards came the drop to about 5900. This was the challenge point for...

Thanks, Roy, but I'm not going to be a great technical analyst, I'm afraid. The old maths skills aren't good enough and the technical analysts whose articles I have read often seem to contradict each other. :-). Besides, I have read articles in the last few months by commentators that I...

I have looked at that but it seems to me that the potential profit is small using that approach. It would take a lot of money turnover to make regular small amounts. I'm prepared to be persuaded otherwise!

Not too good for me. Still in profit by about 5% over the nine months but a hairy day today. With hindsight, I think I was more aggressive with the system than I should have been. I won't make the same mistake again. Expensive lesson learned.

Yes, Scalded. I did the course in oct 2014 but didn't trade until feb 2015. I read and read and practised for ages before I had enough confidence!

Hi Scalded I'm actually doing a mixture of the two ways that I was taught! One of the presenters does a very hands off approach to the system. He makes good money doing it and he only looks at it if he gets an email alert saying he needs to do something. He says he has never needed to do...

Hi Ole, I am using the direct market through Saxo bank. I'm not comfortable with the spread betting approach. Although my required "bank" with spreadbetting may be lower and any profits are not taxable, the prices obtainable when selling are lower than in the direct market. And spreadbetting...

Hi everybody, I've just joined the forum and was pleased to see this discussion. I went on the course in Feb of this year and have made just over 16% since then. The two guys who run it were both very helpful. I'm a very conservative user of the scheme and I can understand Simon's worries about...