goldfinger
- 12 Jan 2010 20:42
jimmy b
- 09 May 2012 16:33
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Hi GF havnt spoken in a while , doing ok ,luckily i was only holding two stocks and a couple of spread bets when we wobbled so now looking to get in on a few bargains.
skinny
- 09 May 2012 16:38
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GF - do you mean "scalping tops" :-)
goldfinger
- 09 May 2012 16:51
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NO LOL shearing the bastards. Its my way of controling risk.
What I do is use the 2.5 to 1 win risk stop loss system pushed by many trading books but dont use the stops, but know what my SP target is but instead of say going for £50 a point I go £55 a point the fiver being thier so I can shear the top on any losing trade in markets like this.
If its a dud trade I get rid very quickly. I know my losing limit up front.
But this system allows me to stay in when its not specific to one stock.
When the market turns any bunce left is a bonus.
goldfinger
- 09 May 2012 16:52
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Yep Jimmy seems you are OK. Bird up on twitter s just said berwanky is out later, so wonder if we are going to get some form of QE to stop the rot.
goldfinger
- 09 May 2012 17:01
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Tomorrow...she must have got it wrong then. Nice lass.
goldfinger
- 09 May 2012 17:04
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4 stocks chopped from BULLISH UPTRENDING charts (top of thread)........ DIA PFC BRAM PWS........ uptrend faltering.
2 NEW shorts to be added about 8pm.
goldfinger
- 09 May 2012 17:08
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AEP is looking hot on the bullish stocks. Might have some of that action tomorrow.
Fred1new
- 09 May 2012 19:51
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You lot are braver than me.
This market has frightened me for 18months.
But the remark of there will be one hell of a bull market will probably right.
There is a lot of money which disappeared from the market and waiting on the sidelines.
Possibly, praying that their coinage won't devalued in one way or another.
goldfinger
- 09 May 2012 20:19
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Yep Fred Im sure theirs going to be a big bull market its WHEN though.
goldfinger
- 09 May 2012 20:23
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2 Bear Charts added to BEARISH TRENDING Charts list (up above) tonight. CPP and ILX
ILX looks a stormer but please DYOR.
goldfinger
- 09 May 2012 20:25
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Weighting towards Bearish stocks goes on as the market is in general decline.
goldfinger
- 10 May 2012 08:42
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Flogged all my trading longs bar RPO and HSBC this morning. Greeks going to another elections then all that farting about after.... like before christmas. Rather take a small loss than a big one 6 weeks down lines.
Fed up of shearing tops off aswel.
Made this strategic decision in the pub late last night after 10 pints and I had crawled all the way there after market closed at 4.30.
goldfinger
- 10 May 2012 08:43
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Their are temptations around with all these stock so cheap but they will probably be cheaper further down the track.
skinny
- 10 May 2012 08:44
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Whimp ( the 10 pints I mean ) :-)
splat
- 10 May 2012 08:59
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or even "wimp" :-)
skinny
- 10 May 2012 09:03
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I prefer the 'older' spelling! :-)
Chris Carson
- 10 May 2012 09:33
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Done exactly the same GF, closed everything yesterday morning including shorts. Markets will still be here in September. Wife is having a hip replacement next week so will be back and forwards to the hospital, hopefully she will only be in for a week but will be pretty much inactive for six weeks. Also want to enjoy whatever kind of summer we get golf, bowls, gardening etc. Trying to trade just isn't an option at the moment.
skinny
- 10 May 2012 09:35
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Hope all goes well Chris - not sure about golf,bowls etc - it sounds like its going to be cooking, cleaning, ironing etc. :-)
goldfinger
- 10 May 2012 09:41
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Actually more like 20 pints but lost count at 10. Pissed as a fart but remember watching newsnight and that figure of - 1.9% growth if Greeks bail out of Euro.