Recent content by Riddler

THEE most impactful book read thus far I recall to be Market Wizards by Jack Schwager

It is because you mentioned Spreadbetting that I mentioned the ISA, I had no idea that SB was available outside of the UK. In that case your proposal sounds more appealing and I can see why you would consider doing this and like you I'd only ever consider the US markets with that strategy since...

I seek recommendations from other traders as opposed to starting a blind search, I still look into what has been recommended though by reading up on FPA but I've only changed broker once in the past 5 years and have no intention of moving anytime soon

You can achieve this by using an ISA too, that's how I do it, no margin calls or dormant capital propping up the account

Thanks I am leaning more towards this answer given the context of my question though I can't figure out why use of a "Transfer Agent System" seems to mean Yahoo would write TAS in the field rather than Before, After or Not Supplied, even if not announced via a press release surely the CEO will...

that issues loans against the assets on account? So if I have X amount of stocks with broker A and need cash, rather than having to liquidate a portion of the assets broker A gives me a loan tells me the rate of interest and I do whatever I want with the cash. Bascially, is there a broker...

Why on earth not? I don't give investment advice but last week I closed my position in NVDA and used the proceeds to add to my FDX and META positions. I have reached my maximum allocation on FDX now. I am currently looking at some more speculative names but I haven't made a decision on those yet.

Just added this to my shopping basket, thanks. Noticed it says on the cover that the author is a high-stake day trader, would you still recommend it to a swing or position trader? From the title I'm assuming there's value to all traders and that the book focuses on improving the trader's...

Hello I would say the following based on the following assumptions; 1. You had a stop loss in place when you opened the position 2. You opened the position following the channel breakdown Your stop wasn't hit, your MA was still curling over to the downside and price was still below it and the...

The rate hikes were bad news before but now it's all priced in so we're moving up now as we look ahead to inflation stabilising and then falling, world food and oil prices doing the same and Russia winding down ops in Ukraine. Earnings have been largely better than expected, AAPL & AMZN are...

The use of the word "trading" in the title is a questionable one, what is being bought and sold or sold and bought? I think gambling is the most suitable word for betting on whether a sportsman will hold his serve or not. And since you only bet on the most likely outcome, how much risk do you...

So were you also precluded from trading your own money in your own time whilst employed? And do you plan on self-imposing any of the previous restrictions on your current trading or are you going to be letting your hair down so to speak? There are a number of free screeners already out there...

Mark Douglas used to mark out 3 TP levels in his open positions. For instance, if the R/R on a trade was 6:1, he would take off a third of the position at 2:1, the other third at 4:1 and then let the rest of it reach the target. Perhaps you could try this method also as it doesn't require you...

I do both. I trail the stop en route to reaching the TP and like @tomorton suggested I am happy to reenter a position on a stop out provided that the structure remains intact. I rode Peleton downhill but I had to get back in a couple of times after the short squeeze's took me out. But I never...