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 […]
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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 […]
Dealing in Google Chrome (with IG)
Following my posting the other day about the new Chromebook Pixel laptop, I was thrilled to see an email from IG this morning containing the sub-headline “Dealing in Google Chrome”. To enable this facility, you need an IG account (so get one now) and you need to install the IG Dealing Chrome web browser extension. The 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 […]
Update on my London Capital Group Trade of The Week
Following yesterday’s Trade of The Week feature, in my warts ‘n’ all style I thought I should update you on what happened next. Unfortunately, the price of London Capital Group shares fell back thereby triggering the stop order on my original position for a loss of £25.33 including financing costs. The good news is that […]
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 […]
Trade of The Week on Thomas Cook
By Tony on February 4, 2013 in etx capital, ig, position trading, stop orders, thomas cook, trade of the week
This week’s “trade of the week” is one that I initiated on 24 October last year when Thomas Cook broke upwards from its “flat-line”. In the following chart, the lower horizontal line shows the entry price and the higher horizontal line shows the profit I am guaranteed to take (at least) thanks to a guaranteed […]
Trade of The Week on Severfield-Rowen: a Whipsaw Profit
By Tony on January 23, 2013 in better spread betting, ig, intertrader, position trading, stop orders
You might have read over on The Motley Fool (and other places) about how the price of Severfield-Rowen shares crashed this morning, 23 Jan. It gives me an opportunity to demonstrate what I mean by a “whipsaw profit”, which is one of the concepts documented in my Position Trading and Better Spread Betting books. You […]