I was lucky enough to have taken a stake in gold miner Centamin Egypt at just under 65p-per-share when its share price was in the doldrums in late July, since when my SIPP holding — not a spread bet in this case — has risen by more than 40%. Here’s how the Centamin chart (courtesy […]
Archive | September, 2012
Trading the Price Pendulum
And now for something a little different. My latest article over at TRADERS’ Magazine is titled Trading the Price Pendulum. It draws on the idea of a pendulum as an analogy for the way markets move: swinging from bearish to bullish and back again, gaining momentum and then losing it again, meeting support and resistance at […]
No news is good news…
Sorry it’s been a bit quite here at Better Spread Betting for the past few days, but I’ve been busy working on Project FX (the new Forex book) that I hinted at when I told you about my Grand Day Out at RPD FX (and ETX Capital). I’ll tell you more about the new book, […]
Bonus "Trade of The Week" on Petropavlovsk
By Tony on September 21, 2012 in capital spreads, etx capital, ig, ig index, petropavlovsk, position trading, stop orders, trade of the week
Since nobody likes to see a losing trade (whatever you argue to the contrary) I have supplemented this week’s original “trade of the week” with this one featuring gold miner Petropavlovsk. Here’s what the result of the opened-and-closed trade looked like with IG Index… and I must remember to start calling them simply “IG”: It […]
ETX Capital’s New Platform is Coming
Just a short note to say that ETX Capital will shortly be launching a new trading platform, so if you haven’t got an ETX Capital account, now might be a good time to get one. The new platform will be fully customisable, so that you can arrange your trading screen exactly how you like it. […]
Trade of The Week: Supreme Skill vs. Lady Bad-Luck on Lonmin
I’m all for warts ‘n’ all coverage of spread betting and of trading in general, so my “trades of the week” features won’t always be winning trades. In that spirit, today’s examples is a good one. When the Lonmin share price “gapped up” on news that the Marikana miners had returned to work, I thought it […]
Trading "Other People’s Money"
A short note today, to say that I took my “Alternative Equity Curve” account positive… simply to show that I could: The significance of this is that I have now taken all of my deposited cash (plus £25 for my trouble) from the account while leaving about £300 worth of equity (i.e. accumulated positions + […]
Two Lines are Better Than One! (or are they?)
If you’ve used the MetaTrader client terminal to trade foreign exchange currency pairs via a provider such as RPD FX, you will have noticed how the charts that are embedded in order tickets show two price lines rather than one. The lower line shows the bid (selling) price and the upper line shows the ask […]
Hot Off The Press: The New Look IG
Anyone who logs onto their IG Index spread betting account from today (Saturday 15 September) will notice a crisp new look, which I rather like. And if you don’t have an IG Index (now simply called “IG”) account, why not create one now? All of the functionality that I like so much appears still to […]
Energising my spread bet portfolio(s) with Essar Energy
By Tony on September 14, 2012 in capital spreads, ig index, motley fool, position trading, stop orders
I was prompted to write this blog posting by an article on The Motley Fool titled 3 Oil & Gas Shares Rising Fast. I recognised one of the stocks — Essar Energy — as one that I took a punt on recently. Here’s what the trade looks like in a Capital Spreads account: What you […]