Recent content by Lemstaboy

Yougov did drift down a tiny bit this morning, but not enough to keep me interested so I closed the remaining bets for a gain of £8.10, bring the total to £165.10 and went off to do some gardening.

I was away from T2W for a decade or more and missed the story of what happened here. It now looks like a post-apocalyptic landscape in which a few people have survived but much has been destroyed by summat I missed? Anyway.. I am UK-based, in my late 70s, trading at random moments between 7am...

That worked nicely. I opened 6 downbets on Yougov totalling £26pp. Closed 4 of them to bank £157 profit, and allowing two of them (£1pp and £5pp) to run on till tomorrow, with trailing stoplosses in place.

Placed a downbet on Yougov at 0910. I'm not going to continue with live reporting here - just giving a brief insight into how it works. This one may yet go wrong of course.

At 0843 this morning the Yougov spike is still rising but I am watching for it to look like peaking soon and will pounce with a downbet if it does.

Took my eye off the ball at Close Brothers! Out of it now but managed to squander the gain that was showing earlier. Should been watching instead of over here scribbling :-/ Luckily made up for it elsewhere.

Some might ask "Why the hell did you cash in so soon - you could have made 3 times as much that day?" And they are right. I could just cash in part of my stake perhaps and place a trailing stoploss on the remainder. But I am 77 and this is a casual low-stress hobby. I am happy to bank say £50...

I generally avoid doing this on a Friday - because if I do need to let the bet run overnight, there's too much risk of things happening worldwide over a weekend. That Melrose bet was an exception but it looked like moving quite quickly my way. I was able to close it and bank a profit by 9:35am.

This is an easy-going little low-stress spreadbetting sideline alongside my more serious trading. Occasionally it fails, but for me it works more than 4 times out of five, and is profitable enough for me to keep doing it. I do it in a VERY unsophisticated way, for small money, using no...

Linda Bradford Raschke used to say that she too had absorbed enough from indicators to be able to glance at a chart and sense what an indicator would tell her, without needing to see the indicator.

Technical Analysis is a field of study so wide that it's possible to spend more time arguing about it than usefully applying it. And people do (Here am I doing the same by adding any comment at all!). Delve into bulletin board discussions from 30 years ago, and the questions being asked are the...

Just came across this negative assessment published a few days ago regarding Wynnstay. https://finance.yahoo.com/news/returns-capital-wynnstay-group-lon-073242493.html Returns on investment are low and shrinking.

Wynnstay (WYN) is back on my shorting watchlist ..

THG (formerly The Hut Group), which has just hived off its Ingenuity wing (having previously boasted it as their jewel-in-the-crown), is a company whose shares I shorted frequently last autumn, and which has remained on my watchlist while I waited to see how that splitting of the company panned...

Tracsis (TRCS) I increased my re-opened downbet today. Having chatted throughout the day with various friends who are more familiar with how the company is responding to the government's establishment of Great British Railways, I think they are in real trouble. The company argues that GBR...