Monday, October 23, 2006
Let's Talk Strategies!
I've explained the main strategy I use in previous posts. Today, I'm going to lay out for you some tweaks I'm making to that strategy, in order for it to work better. I'm then going to give you The Other Strategy I've mentioned a few times but have yet to tell you about. Are you sitting comfortably?...
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Friday, October 20, 2006
What a Struggle!
This investment game has it's ups and downs, that's for sure! Last week I posted my best ever one-week result - a 46% gain, which is staggering. By midweek this week I'd given all that back, PLUS about the same again - it was looking like a disaster! What happened was this. The postions that made me...
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Saturday, October 14, 2006
It's a Record Week!!
See how your bank would feel about giving you a 46% return - in a WEEK!! That's what I managed to achieve this week on my modest trading account, beating by previous best week by 9 percentage points! I'm very happy, and I'm now back in the black overall. All the positions mentioned in the previous...
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Thursday, October 12, 2006
BACK IN THE SADDLE AGAIN!
Well, the trip south went really well, but I came home with a fever and some sort of infection that laid me low for the rest of the week. Consequently, I took my eye off the ball, and lost money on my MBI position when it got stopped out. In fact, last week saw a loss of 9.3% on my trading account,...
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Monday, October 2, 2006
A Quick Update
My long-running long position in JD Weatherspoons (JDW) finally got stopped out today with a healthy 37-point profit. It was live for 13 days, and of those, it only lost on three. In my trading log, under lessons learnt, I had to write that I couldn't see how this trade could have gone much better....
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Saturday, September 30, 2006
A BAD Week!
Such is the frustration of the markets! After one great week and one good week, I managed to wipe out all those gains and then some this week with a 25% loss! part of the problem was that I was working away, and unable to keep a close eye on things. All I could do was phone in for occasional prices,...
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Saturday, September 23, 2006
10% Up On the Week!
A 10% gain this week, hot on the heels of a 37% gain last week, is not bad at all. Had it not been for a large loss on FTO, due to a bit of bad trade management on my part, we'd have been up over 40% on the week - but there's no point in going down that route, other than to learn the lessons and...
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Friday, September 22, 2006
What a Great End to the Week!
Last week I felt I really turned a corner with my trading - you may recall that I made a 37.3% return on my modest trading pot! Now, I don't want to speak too soon, but it's Friday afternoon, and it looks like another storming week! My Weatherspoons (JDW) long position has been fantastic - it made a...
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Thursday, September 21, 2006
Thursday Update
Well, it's steady as she goes this week - nothing hugely exciting as yet, but a nice steady drip-drip of modest profits building up as the week progresses. I have two short positions in the euro running - one against the dollar, and one against sterling - but the news this week has not so far moved...
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Tuesday, September 19, 2006
If you read my blog 'Fishing in the Rivers of Light', you'll know why I've been neglecting you for so long here - life has been a tad hectic to say the least! In the last post I told you I'd just bought into Redrow, a building firm, at £5.25. Well, just in the last few minutes I've been stopped out...
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