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 […]
Archive | position trading
£500 Profit from £25 Risk
Anyone who has read my blog regularly will be well aware of the example (but real) Barratt position trade that I’m running in a Capital Spreads account. You will recall that this position trade began life as a single £1-per-point position with an initial risk of (about) £25 to my guaranteed stop order. By pyramiding this […]
Today’s Biggest Surprises!
I was going to title this posting “Today’s Biggest Gainers”, but it seems more appropriate to title it “Today’s Biggest Surprises”. This is what I woke up to on a couple of trades that I opened in the past couple of days: They were surprises because mining stocks seem to have been on a perpetual […]
Why Pyramid Positions?
After my little April Fool joke yesterday, I thought I’d post something rather more positive (and educational) today on the subject of pyramiding positions. My demonstration vehicle will of course (if you’ve been following me) be Barratt; but it could have been Sainsburys. The following chart shows the vastly increased profit potential resulting from having pyramided […]
The Case for Position Trading Equities
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 […]
This is how Position Trading works…
It seems a good time to show what a couple of position trades look like when they progress as expected. Those of you who follow my “trade of the week” features will not be surprised to see that the two stocks I have chosen are Sainsburys and Barratt. The following screenshot shows how the example […]
Hot off the Press: Position Trading (Third Edition)
Today I am proud to announce the publication of the third edition of my Position Trading book. It’s an evolution rather than a revolution, so… What wasn’t broke, I’ve left alone. What was broke, I’ve tried to fix. There’s enough new stuff to have made it worth the effort, but not so much as to […]
Barratt and the Four Step Pyramid
If I’m serious about extolling the virtues of pyramiding in my Position Trading book, I’d better show you convincingly how it can go beyond the usual two- or three-step pyramids that I have posted here before. So following my Three Steps to (Trading) Heaven article in which I described my three-step pyramid trade on Barratt, […]
Trade of The Week on London Capital Group
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!
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 […]