goldfinger
- 12 Jan 2010 20:42
goldfinger
- 28 Sep 2010 16:04
- 383 of 3532
Topps Tiles looks to be staging some kind of recovery over the last few days. One to keep an eye on..........
Look at the lower indicators just turning positive.
Might be against the market in general but also might be worth the risk so Ive had a few earlier on today.
Treblewide
- 28 Sep 2010 16:17
- 384 of 3532
lot of resistance at 60p by by the looks of it on the tile folks
goldfinger
- 29 Sep 2010 09:47
- 385 of 3532
Dont like the look of this market at the moment. Bull traps being sprung here there and everywhere. Zapped on two stocks this morning, good job I had discipline measures set up.
Volatility increasing all the time.
Cant get through 5600.
mnamreh
- 29 Sep 2010 09:50
- 386 of 3532
G -"leading to increased volatility.DRAT".
It has been a few years since I have seen or heard anyone use that word.
Excellent.
skinny
- 29 Sep 2010 09:51
- 387 of 3532
What is it an acronym for? :-)
mnamreh
- 29 Sep 2010 10:01
- 388 of 3532
Desperately Reprehensible Automatic Trading!
goldfinger
- 29 Sep 2010 12:49
- 389 of 3532
LOL.
goldfinger
- 29 Sep 2010 12:54
- 390 of 3532
Volatilty is OK when you are scalping/intra day trading but to be honest Im not in the mood at the moment.
Got to get my head around the situation if Im going in for a bout of intraday T but just back off holiday so body chemicals all unbalanced.
Volatility = increased cortisol.
Google it.
goldfinger
- 29 Sep 2010 12:57
- 391 of 3532
Volatility everywhere.........up down around and back again.
aghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
Hows a man supposed to live?.
mnamreh
- 29 Sep 2010 13:00
- 392 of 3532
G - is that " 'roid rage " being expressed?
goldfinger
- 29 Sep 2010 13:05
- 393 of 3532
LOL again, brilliant.
Shocker of a chart coming up.
goldfinger
- 29 Sep 2010 13:07
- 394 of 3532
Is it the prospecting small miners and oileys thats led to this.
Would appear so looking at the top half of this thread and all the threads dedicated to these.
The next BURST BUBBLE anyone?????,
goldfinger
- 29 Sep 2010 13:25
- 395 of 3532
Thats it, I give up for the day.
Red blue, red blue, blue red, blue red, red blue, red blue, red red.
Am I coming or going.
Wish all the City Boys would pi-- off back on holiday.
It was a good september until that lot came back.
mnamreh
- 29 Sep 2010 13:33
- 396 of 3532
G - OMMMMMMMMMMMMMMM (repeat 10000x).
splat
- 30 Sep 2010 11:32
- 397 of 3532
goldfinger
- 30 Sep 2010 14:07
- 398 of 3532
Market turning blue this afternoon.
Lets get through 5,600 and stay there this time .... PLEASE.
goldfinger
- 30 Sep 2010 14:43
- 399 of 3532
Bullish article from Investors Inteligence this morning.......
Among the bulls, Dairy Crest is a notable one. Price surged from the range support, at 340p, to challenged the pattern of lower highs. Its relative strength also rebounded (see right). This, we reckon, could be short-term positive and we expect prices to reach 400p, a psychological level.
goldfinger
- 05 Oct 2010 10:12
- 402 of 3532
My list of rules for S/Betting, please add yours.............
Can you make a living from 14 grand starting pot...... yes but you have to be able to goth both ways in the market ie, short aswell and I would probably stick to stocks only.
Strict discipline aswell more than anything, easier said than done.
Big problem coming up with stops, ie do you use them or do you risk being wiped out totaly if we get a terrorist attack.
My rules are something like this.....
- dont touch oilys and miners plus biotechs...too risky
- try and stay away from volatile stocks unless you are intraday trading
- never play a stock with a beta of one or higher
- make sure stop if used is far enough away from morning spike
- go for a target of 20% profit or higher if resistance is further away
- use level 2 for entry but if you havent this buy a stock when the spread is tightest and probably when a bout of selling has just taken place, try to get off to a good entry start, this helps to not play catch up later.
- dont go for a big spread stock where the bet size entry is bigger than your acceptable loss. you wont catch up in most cases
- never use more than 2% of your whole pot on one single bet, ie, thats as much as you are allowed to lose on your stop loss so position it accordingly
- make sure you dont overtrade and risk a margin call
- be carefull which 1/4trly bet you go for. If theres only a few weeks to go before expiry pick the later quarters bet even though you pay more in spread
- make sure you have a grasp of charts and TA
- always use ATR average true range on your charts..... this gives you idea of volatility
- read up on the companys results dates, ex divi dates trading statement dates etc etc.
- flog a stock before the news comes out day
- stick to a system and tweak it if needs be
- take a few days break and close out entitre portfolio every now and again
- dont get caught up in data watching or you will be panicked out of some positions
- cut losses fast and let winners run
- use trailing stops after a profit is established and move the stop in tighter , not too tight though
- at all times try to preserve capital base, your still in the game that way
- read as many books on trading as possible but dont over do it or youl end up with hyper tension and producing too much cortisol
- pay attention to intermarket relationships, we are now a global economy.
- last but not least follow all goldfingers tips...... they are ace.