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 | stop orders
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 […]
An Example Trailed Stop Order
Note that I have titled this post An Example Trailed Stop Order rather than An Example Trailing Stop Order. The distinction for me is that I like to trail my stop orders manually myself (by periodically adjusting them) rather than by utilising (automatic) trailing stop orders. I thought long and hard about how I could best […]
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: 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
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)
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?
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 […]