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 […]
Archive | pyramiding
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 Trinity Mirror
By Tony on November 13, 2012 in capital spreads, intertrader, position trading, pyramiding, stop orders, trinity mirror
Way back on 16 August I used my position(s) in Trinity Mirror to demonstrate How to Average Down (Safely). In this week’s “Trade of the Week” feature I thought I’d update you on how the averaged-down position(s) played out, and to tell you what I’m up to now with the Trinity Mirror. Well, here’s what […]
Pyramided Trade of the Week: on Bowleven
By Tony on November 6, 2012 in boeleven, motley fool, position trading, pyramiding, spreadbet magazine, stop orders, trade of the week
I was first alerted to Bowleven as one of the “conviction buys” listed over at Spread Betting Magazine. I got in at a similar price, too, at 60p-per-share. With both Spread betting Magazine and The Motley Fool today reporting a tie-up between Blowleven and Petrofac, and with the share price gapping up as a result and […]
Trade of The Week: Immobiliare Grande Distribuzione (IGD)
For this week’s trade of the week I thought we’d go abroad, to Italy. On or around 19 June, with Italy getting a lot of economic bad press, I decided to take some punts on several Italian stocks that might recover from what looked liked historic low prices. One of these stocks was Immobiliare Grande Distribuzione […]
Profitable Pyramiding
Readers of my Better Spread Betting, Position Trading and Stop Orders books will know that I am inclined to try and pyramid profitable positions to higher stakes. For me, a necessary (but not sufficient) condition for pyramiding is that the potential loss on my second position is less than the profit accrued on my original position — so that I […]