Do you mind if I ask are you consistently profitable?
Do you place a few trades a day or just a few a week?
My IPO strategy is a pure swing strategy based on IPOs in the last 2 months. I keep my stops quite tight (5%) as it is a pure momentum play whereas my 52 week strategy allows me up to...
Hi tomorton,
Thanks for that. I wouldn't say its bad for training. Its more about getting ones trading in line with everything else, particularly as I am not full time. I think it has helped with the discipline and emotional side of trading.
Are you a pure Tech Trader? What would you base...
Its Been a While...
Its been a while since I updated this thread. A mix of work (mad hours) and life (moving in with the gf) have put pressure on me updating this and my website.
I have been trading though and have made plenty of bad and good decisions.
Trading through the volatility in...
Hi,
Just entered a FTSE spreadbet at £2 pp for Santa Rally @ 5791.3
Bought Sanne Group on 09/12/15 (SNN.L) @ 384.24, £3 pp. Current loss is 6.3% and current biggest loser. Next is Softcat with a 3.5% loss
My Mining flutter got stopped out with a £40 loss.
I have added another £300 to my...
Hi,
The last few weeks have been crazy with work, travel, Xmas and life in general so I have not been able to update the site or forum.
As previously posted my hits with KNOS and 32 Red made a decent dent in my portfolio. I have since learned a bit and am bag on track. My portfolio is nearly...
I had become quite happy with my purchase of KNOS and at one stage I was up over 40%. Little did I realise that most new shares drop on the results of their first IPO. The drop drop on results day and again today was something I had never seen before. Like 32RED my stop gapped down and sold my...
The learning curve seems to keep on coming at the moment. Today I made a loss and a rather big one. I don’t mind taking a loss as it is part of doing business. I am annoyed as I made a stupid mistake. I had forgotten “Buy on the Rumour and Sell on the News”. I had also forgotten that technology...
Hi,
My flatmate claims his mate can trade the DOW from 7-9pm and regularly exceed 100+ ticks in profit each day after taking into account losing trades on the same day. He says he trades £10 per tick.
Would anyone on here consider this not unusual? I have no idea as I don't trade indices or do...
4 Lessons in One Week
This week was the most active week I have had in my portfolio. Not because I was trading a lot, but because of being stopped out for profits and losses.
My 2 Kainos DEC-15 Spread Bets hit their stop losses at 263.2. The stop loss was at 268.1 but the share gapped down...
Had a lesson on stops today and having too close a stop. I had a stop at 10% from a high. I usually keep it 12% from a high. Had a stop in at 268 on KNOS.L. Stopped out at 263. A 12% stop would have been 261.
Looking at the chart and a flurry through google, it seems to be a Tree Shake. I am...
Added another Spread Bet of £3.50 per point, MAR-16, on 32 Red (TTR.L) @ 104.82.
Total now £11 per point on 32 Red, which is what my initial exposure should have been.
Thanks,
TTT
Have been a bit more active.
Portfolio currently consists of:
HWDN
KNOS
TTR
NFC
RIV
AVON
BKY
I tend to not look at mining but as BKY was the first 52 week breakout I have found in this area and followed my criteria I did a very small SB of £5 per point at around 30.825. my max exposure is...
Portfolio Update 01/11/15
Hi,
Below is my Portfolio Update as of the 1st November 2015.
My Shares Portfolio is up 11.35% including costs, which is 21% ahead of the FTSE 100 and 19% ahead of the All Share.
My Spread Bet portfolio started on the 25th of September and is up 11.6%. I Added 32...
Next Fifteen Communications
On Thursday the 19th of October, I had a Spread Bet order filled for Next Fifteen (NFC.L) JUN-16 @ 221.3 for £5 per point.
So why did I buy?
Technical Analysis
Breakout - It hit a new 52 week high which caught my attention @ 217Gain - It had made a 2% gain...