Remember the last Trade of the Week on Albermarle and Bond? In the end it stopped out at a profit as per the position trading strategy. But the trade on its peer H&T Group that was placed around the same time is still open, and it looks like this: The solid blue line shows the entry […]
Archive | position trading
Trade of the Week: Albemarle & Bond
Because I last posted in mid-September, this one might be better titled “Trade of the Month”. At the very end of September, shares in embattled pawnbroker Albemarle & Bond fell off a cliff, so I bought some at the ‘bargain’ price of 71p-per-share on the basis that I would make a killing (if they regained […]
Will TradeFair+ be a plus?
Like me, you might have received an email telling you that from 12 December 2013 your TradeFair account will no longer be accepting new trades. It’s a shame, because this was one of my favourite spread betting accounts that showed stop order levels right alongside the trades (see below) and which — along with other […]
Trade of The Week: Renewed Confidence in Renewable Energy
You’ve heard of multi-bagger stocks; those stocks that return many times your original stake. Well, here’s one in the shape of Renewable Energy Holdings. The share price of this stock had fallen massively in recent years, before flat-lining. As per my position trading philosophy I was happy to establish a small exploratory position on the […]
Trade of the Week: The Persimmon Precipice
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 […]
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 […]
All good things must come to an end! (on Barratt)
By Tony on May 24, 2013 in barratt, better spread betting, betterspreadbetting, position trading, pyramiding, stop orders
Don’t worry, I don’t mean I’m shutting up shop. I mean that my much-documented pyramided position trade on Barratt has finally come to an end by stopping out. Here are the final scores in two spread betting accounts: By my reckoning, it’s £866 profit, having taken nothing like that much risk along the way. And […]
Betting on Barratt (again)
Regular readers will realise that no week would be complete without me having placed another bet on Barratt. So here it is, a new pyramided position that takes my total stake in my Capital Spreads reference account to £7-per-point: This is turning into a really nice example of a pyramided position trade, but you will […]
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 […]