Recent content by PurplePerson

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    Heads Up - Tips & Recs

    I don't have a particular distant target. In fact I already took some part profit today. My guess is that when the selected contractor is announced, the company broker will take the opportunity to issue some kind of guidance note, and that the share price will move up when that happens (next...
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    My Simple Trading System

    "..All you're doing is regaling what has happened. Not WHAT the strategy is. Are expecting people to blindly follow your picks? Surely you wouldn't be advocating something as dangerous as that .." Certainly not. The strategy is exactly what it says on the can - climbing aboard risers that...
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    Heads Up - Tips & Recs

    SPL (LSE) has no connection with SPLK - the epic just happens to share three letters. But possibly worth a look. It's the London epic for Skil Ports & Logistics - a stock whose share price has headed down and down and down ever since it came to market - from 250p to near 100p - but whose...
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    Newbie to Spread betting

    I was with Cantor Index about 10 years ago - but they stopped listing stocks outside the FTSE 350 and I got the impression they no longer wanted small scale clients. And I didn't like the way they valued open positions at midprice rather than at current exit price. I've used several sbet firms...
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    Are indices random intra-day?

    I agree. It is possible to spend thousands of hours and thousands of pounds devising a trading system that attempts to refine and refine and refine predictability. As if randomness is like radio interference, which the expert radio engineer can more or less eradicate to reveal the desired...
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    Looking to trade part time from home ?

    ? It provides an example of one particular approach - with updates on the progress of that approach. It's been running 7 months but echoes an approach that has worked well for me. I am now into my 15th year of trading for a living since quitting work.
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    My Simple Trading System

    Hi Malaguti, I could copy and paste examples, together with explanatory paragraphs from it - but folk can see them all rather than ones I might choose to highlight. Hence the link. It's not a site that sells anything. But if you like I'll copy and paste this from the Portfolio page, which...
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    My Simple Trading System

    Hoogi tends to dismiss conventional guidance, and just climbs aboard whatever's rising strongly enough to look like it might continue doing so awhile - and jumps off when it stalls. Does that count as a system? Details and examples at http://www.hoogi.yolasite.com
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    Dont Blame The SB

    I don't bother whingeing about sbet firms. Yes they make life hard, but I manage to work around that and still find it worthwhile. I am now almost 11 years on from quitting the dayjob to trade fulltime. Almost all my trading is now done via sbets and has been for the past 18 months or more. I do...
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    Lotteries - which one do you prefer?

    This game has been running a couple of months. Might appeal to someone bored with Lotto and a preferring to play with stock names instead of numbers The 4th Market Stock Market Lottery It involves placing ten well known UK stocks in order of how you think they will perform during the next...
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    Better Platforms than IG?

    I have used IG alongside other spreadbet accounts for the past 18 months on a daily basis, and I am happy with IG. One HUGE advantage is that IG do not (like some other firms) automatically aggregate bets. If I open, say, 3 seperate downbets on a stock, at say £2 per point, with 3 different...
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    Stock related lottery?

    This game has been running a couple of months. Might appeal to someone bored with Lotto and a preferring to play with stock names instead of numbers The 4th Market Stock Market Lottery It involves placing ten well known UK stocks in order of how you think they will perform during the next...
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    Tips for 5 min betting ?

    Incidentally, I also play the 20-minute index binaries - though I never let them run to expiry (the inaccessible period at the end is too long to sit through!), and usually just grab 10-20pts at a time, in a few minutes each time. With the five-minte binaries I almost always enter beyond...
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    Tips for 5 min betting ?

    I trade the 5-minute binaries via IG on the FTSE. It works fine. I have also played the same on ChoiceOdds.com But after winning just ten times in a row, ChoiceOdds became obstructive. Their platform suddenly began delaying and rejecting almost every attempted bet. I tried placing bets...
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    Spreadbetting or trading

    In answer to the original question (which didn't identify forex as the field of interest - and which is an area I don't do) - I would say that for a beginner, spreadbetting is an unsafe route. Familiarising onesself with the market behaviour of the product (be it forex, stocks, whatever) is...
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