Recent content by Caledonianbu

Sorry i was using the terms as if they were the same! +5pence @20p per pence!

It wasn't FX it was a share - St.James Place Capital PLC! My FX ventures have been small, and paper based :P. Will be looking to implement it soon I think. Feeling a bit tetchy because I know that in a few weeks my minimum bet is gonna go up again....

+5 pips on the last bet :). pretty happy with how it's going, if i'd done some slightly better analysis of where to put my stop losses it would be more like +15, but nevermind, live and learn!!

thank you!

Pretty breakeven day +10pips in one bet, -7 in another. Have spent most of the day just looking at charts and trying to get them into my head, I'm getting much more interested in focusing on technical analysis - Been reading the epic thread that is James16's...

No, that is correct, risking 2% of my capital (£100) was the plan. Well, I could probably afford more than £100, but I don't really want to lose more than that. That's what I put aside. I'm probably looking at between 2-5 trades per week, with no more than 3 positions open at any one time...

Pretty annoyed - apparently the 10p a point thing at IG index only lasts for 2 weeks, then it increases every fortnight. Any spreadbet companies where the bet remains at 10p?!

Have a look at the last few weeks worth of opening prices, does it tend to open higher or lower? I've found a good few stocks that seem to open at around 6 points higher than they closed - so good for short term bets (Spread bettor here...). Your thinking sounds about right tbh - if the price...

Thankyou for your informative post dogtrade. Some good things to think about, FOREX isn't my thing (yet :P) but learning is always good, and the knowledge applies to all things I find. I also understand why you're taking such risk, I don't mind too much If i loose the £100 I have on my IG...

So many thanks to SanMiguel. I'm using that screening tool to now make my fundamentals analysis (the first bit anway) Much, much quicker. I haven't used all the available settings - I only understand what about 1/4 of them actually mean :P. It keeps bringing a list of around 6 companies, need...

thought'd I'd fill in the details on that long position. Long on UMECO PLC @ 379.91, STOP @ 360.00, limit 400 - though I'll shift this up if it follows the pattern i'm expecting. And I'll trail the SL too! (risking 2% with SL)

Hope you're okay after the tragedies in your part of the world mate, thoughts are with you and all those affected. that does seem like a lot of risk - but i'm a bit nitty when it comes to risk :P.. Can i Ask what your main indicators are for getting in/out of longs/shorts?

Long on Umeco PLC at 379...... run this for a few weeks, it took a battering recently, but looking FA seems like it's in a strong sector and TA seems to be recovering..... Lets see where this takes us :) I'm more than happy to write more explanation than before if anyone fancies?

WOW that screening tool is so useful!!

Thank you very much. I'm quite happy with my Fundamentals analysis, I've been reading into it for quite some time, but i'll have a look over there too!