anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

thats why i added. bot them at 15 recently and now my view is that being one of the solid plays with such highly respected and astute management the downside from here is at the least limited.

as a prop trader with a big bank i never ever cared about upside...i looked on ever trade as "how much it will cost if i am wrong". basic basic stuff but once you get the calculator out or order the new car on the basis the trade comes good you are buggered.

discipline. the most important tool in trading. have a clear entry and exit strategy.

lesson over!

Thanks for that.

goal....i hope that is not sarcastic! sorry if i am teaching you to suck eggs!

No no I was just going along with your last line, lesson over! Its nice to have a sense of humor.

it gets me through the day! if i didn't i would cry..

moving on up!

Prop, do you work for a bank now?

nope, trading myself and looking to set up an equity fund. I usually look at the big caps (trade stuff like O2, AMEC, EMI and the Banks) but love some of the smaller names.

whats your background? full time trader?

Added some more this morning. Missed 15.25 though, will teach me to be a lazy b******, must get up earlier!! Nice RNS from HNR though.

the early bird....

Prop not at the moment, I am trading for fun, my trade is printing, I work on shifts & every spare time I get I trade. AT first it was to raise money to buy season tickets now its taken over my life... I would like to trade full time in the near future. regards goal.

well, i sincerely wish you the best of luck with that goal. SEY at a quid would i am sure set you on that path!

Wish I had the capital to trade full time, also a newbie (just 2 months)
Have to learn so much yet, still dont understand these graphs properly, is there any good book out there that teaches you?

Must start getting up earlier...

sidtrix

Try these sites:

http://stockcharts.com/education/



http://www.chartpatterns.com/index.html

good luck

pth

Cheers PT... been doing quite well without the graphs (guess it's been luck & a lil research) once I master these babies, think I'll be able to time my buys & sells right
Always saw myself as a city trader, think I might take it up... wonder what qualifications I need to become one?

sidtrix, I don't know about good books to start with... I started going to seminars & took a coarse, it depends on how serious you are about it, you have to go back wards to go forward.

sidrix. goal makes a great suggestion. get on a day course or event from any CFD/Broker/spread better and just soak up the info.
also on this board/thread you are permitted to ask what the hell you like. we may take the piss a bit at times but are generally a good bunch and happy to answer any newbie queries, however basic you think they are.

Been out walking, nice to see positive results continuing this morning.

All agreed prop.

goal,

I think seminars are overpriced personally, but as you rightly say, it depends on your personal circumstanced and amount of cash available to trade.

For anyone with a serious amount of cash, I would attend because the cost of the course would be low in relation to your avialable capital.



Sidtrix,

This is free and online, not a bad place to start IMHO.

http://www.equis.com/Customer/Resources/TAAZ/?c=3&p=5