You shouldn’t try to catch a falling knife, right? So it would have been dumb to have bought into housebuilder Persimmon on Thursday last week when it suffered the price-drop shown at the end of this InterTrader chart: Except that this is what happened next (it bounced right back): It means that within a day […]
Archive | intertrader
Trade of the Week: The AGA Saga
Q: How do you know when the British economy is picking up? A: When people start buying AGA cookers again. And according to the AGA Rangemaster price chart (courtesy of InterTrader) shown below, they have! The nominal £1-per-point trade below shows how much money you could have made (so far) per £1-per-point stake if you […]
Trade of The Week on Tullett Prebon
By Tony on July 10, 2013 in capital spreads, intertrader, position trading, stop orders, trade of the week
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 […]
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 […]
Six of the Best on Barratt
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 […]
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 […]
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 […]
(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 […]
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 […]