I’m beginning to sound like a broken record with all my posts about the Barratt position trade, but here I go again. I’ve added yet another £1-per-point position in the Capital Spreads account, making six of the best pounds-per-point as shown here: A discussion on a forum elsewhere now prompts me to say something about […]
Archive | stop orders
£500 Profit from £25 Risk
Anyone who has read my blog regularly will be well aware of the example (but real) Barratt position trade that I’m running in a Capital Spreads account. You will recall that this position trade began life as a single £1-per-point position with an initial risk of (about) £25 to my guaranteed stop order. By pyramiding this […]
Today’s Biggest Surprises!
By Tony on April 19, 2013 in barratt, kazakhmys, polymetal, position trading, stop orders, trade of the week
I was going to title this posting “Today’s Biggest Gainers”, but it seems more appropriate to title it “Today’s Biggest Surprises”. This is what I woke up to on a couple of trades that I opened in the past couple of days: They were surprises because mining stocks seem to have been on a perpetual […]
Why Pyramid Positions?
After my little April Fool joke yesterday, I thought I’d post something rather more positive (and educational) today on the subject of pyramiding positions. My demonstration vehicle will of course (if you’ve been following me) be Barratt; but it could have been Sainsburys. The following chart shows the vastly increased profit potential resulting from having pyramided […]
This is how Position Trading works…
It seems a good time to show what a couple of position trades look like when they progress as expected. Those of you who follow my “trade of the week” features will not be surprised to see that the two stocks I have chosen are Sainsburys and Barratt. The following screenshot shows how the example […]
Pyramiding Sainsburys
You may have read at The Motley Fool and other places today that J Sainsbury plc Rallies As Sales Jump 7.1%. I took advantage of the positive gap-up and partial-gap-close to add a third pyramid position to my aforedocumented (it’s a new word) Sainsburys “trade of the week”. The following picture shows what this pyramided […]
Trade of the Week on Sainsburys (profit is sanity)
What a pity I missed out on today’s (14 March 2013) surge in the price of Ocado shares, and the related (but possibly short-lived) boost to the Morrisons share price following the announcement of a tie-up. Fortunately, I have had my fingers in another supermarket pie, metaphorically. I’m talking about Sainsburys which has been on […]
Barratt and the Four Step Pyramid
If I’m serious about extolling the virtues of pyramiding in my Position Trading book, I’d better show you convincingly how it can go beyond the usual two- or three-step pyramids that I have posted here before. So following my Three Steps to (Trading) Heaven article in which I described my three-step pyramid trade on Barratt, […]
A Risk Free Trade on Barratt
Don’t get too excited– I’m not about to tell you how you can initiate a “risk free” trade on Barratt. But I am about to tell you how my own three-step pyramided trade on Barratt has now become “risk free”. You may recall from my Three Steps to (Trading Heaven) article that I had increased my […]
Holy Trinity!
Back on the theme of yesterday, where it paid to have averaged down, I refer you back to a previous “Trade of The Week” on Trinity Mirror where it also paid to have averaged down. And I’ve referred you back to that prior trade on Trinity Mirror because it sets the scene for what I […]