It’s been some time since I posted a “Trade of The Week” feature– sorry about that, but I’ve been busy with other things. Anyway, here is one that went right… but probably for the wrong reasons. A nominal £1-per-point exploratory trade on Tullett Prebon has performed nicely since it was opened as a potential position […]
Archive | capital spreads
Has London Capital Group (LCG) turned the corner?
By Tony on May 13, 2013 in barratt, capital spreads, intertrader, lcg, position trading, pyramiding, stop orders
I ask the question “Has London Capital Group (LCG) turned the corner?” because I have a couple of modest spread bet exploratory positions riding on the hope that it has: Both positions (blue lines) are now in profit, with my common guaranteed stop order (red dashed line) somewhere between the two entry prices… which means that I […]
The Case for Position Trading Equities
By Tony on March 25, 2013 in capital spreads, ig, intertrader, position trading, spreadbet magazine, spreadex, vince stanzione
Although I stopped writing for Spreadbet magazine a couple of months ago (don’t ask!) a few of the articles in the latest edition caught my eye. In his interview, Vince Stanzione says that his main successes in the markets have come from longer-term position trading rather than from short-term day trading. In his trading diary […]
(Short) Trade of The Week on Aviva
I reckon it’s been more than a week since I last posted a “Trade of The Week”, and this one is different in two respects: It’s a short trade, which is pretty unusual for me considering my predominantly-long position trading approach. I’m documenting it in advance rather than after-the-fact, so I really have no idea […]
(Probably) the Best Computer for Spread Betting
By Tony on February 26, 2013 in capital spreads, chromebook, etx capital, ig, intertrader, spreadco, spreadex
If you spend most of your time working on the web (like me) and much of your time spread betting (like me) you may be beginning to wonder if you need a proper PC at all, and whether one of the stripped back web-browser-only Chromebook computers might be more appropriate for your needs. Chromebooks will […]
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 […]
Trade of The Week on London Capital Group
By Tony on February 13, 2013 in capital spreads, ig, intertrader, lcg, position trading, stop orders, trade of the week
Have you seen what happened to the London Capital Group share price in the past few days? The sudden ramp-up in share price allowed me to bank this quick profit: I cashed in those few chips so as to demonstrate the handy IG P&L Breakdown Report that shows you exactly how you did — including […]
Don’t Cut Your Losses!
By Tony on February 11, 2013 in capital spreads, ig, intertrader, motley fool, naked trader, position trading, stop orders
We all know that Warren Buffet is quoted as saying “Don’t Lose Money!”. And that most seasoned traders laugh at the fact that many novice investors avoid losing money simply by holding on to losing positions until (hopefully) they recover; thereby never registering their “paper losses” as real losses… until it’s too late. I used […]
Three Steps to (Trading) Heaven
By Tony on February 7, 2013 in barratt, better spread betting, capital spreads, etx capital, ig, intertrader, position trading, punch taverns, pyramiding, stop orders
Today I noticed in one of my model “better spread betting” accounts that three positions in the same stock (Punch Taverns) had stopped out for modest profits, as shown here: Although profitable, I don’t regard this as a good result. Not only because of the small amounts involved, but also because of the fact that […]