After falling off a cliff in January of last year, the Tesco share price traded sideways in a range from (about) 305p-per-share to (about) 345p-per-share throughout most of 2012. I told you before how I had managed to buy long towards the bottom of this range at 309p-per-share on 5 October 2012, and how I had subsequently managed to raise my guaranteed stop order so as to "lock in" some profit.
Friday, 11 January 2013
Trade of The Week on Tesco
Posted on 09:36 by Unknown
After falling off a cliff in January of last year, the Tesco share price traded sideways in a range from (about) 305p-per-share to (about) 345p-per-share throughout most of 2012. I told you before how I had managed to buy long towards the bottom of this range at 309p-per-share on 5 October 2012, and how I had subsequently managed to raise my guaranteed stop order so as to "lock in" some profit.
Wednesday, 9 January 2013
Spread Betting Pays Dividends
Posted on 01:02 by Unknown
I'm pretty sure I've used the headline "Spread Betting Pays Dividends" before; if not on a blog post then on an article that I published somewhere. But it nicely sums up what I have to say... so if it ain't broke, I won't fix it.
When I say that "spread betting pays dividends" I mean it both in the generic sense (it can be profitable) and the very specific sense that spread betting really does
When I say that "spread betting pays dividends" I mean it both in the generic sense (it can be profitable) and the very specific sense that spread betting really does
Tuesday, 8 January 2013
Keeping the faith in the face of draw-downs
Posted on 08:34 by Unknown
Over on Malcolm Pryor's Spread Betting Central web site, Gabriel posed an interesting question about how far you should allow yourself to draw-down in the meantime when you think you have a long-term profitable strategy. You can read Gabriel's question, my response, and maybe join the debate yourself here.
The question was actually in relation to an FX trading strategy, but I think that the
The question was actually in relation to an FX trading strategy, but I think that the
Saturday, 5 January 2013
A better spread bettor who doubled his money!
Posted on 16:30 by Unknown
A reader of this blog who opened a Capital Spreads spread betting account via my web page told me that he had more-than doubled his money in just a couple of months. Don't get too exited. He deposited only £25 as a first ever spread betting trial (which just goes to show how little you can start with), so he turned it into only £50+. But imagine if he had started with £2,500 and had more than
Friday, 4 January 2013
Are the markets mindless?
Posted on 12:49 by Unknown
I read with interest Stephen Bland's anti New Year message over on The Motley Fool. I agree wholeheartedly that prediction is usually futile in the markets, in the sense that it is futile predicting on 1 January 2013 that the FTSE will have reached a particular value by 31 December 2013. But on one important point I disagree:
Stephen asserts that there is no point believing in "The January
Stephen asserts that there is no point believing in "The January
New Year Special Offers!
Posted on 12:46 by Unknown
Did you notice that as a New Year treat the prices of the paperback and Kindle editions of my Better Spread Betting and SOUND FX books have been slashed on Amazon? Not forever, though, so if you've been thinking of reading either or both of these books... now is the time before they return to their usual prices.
Check out the temporary Better Spread Betting paperback and Kindle prices on
Thursday, 3 January 2013
"Getting into The Swing" at Spreadbet Magazine
Posted on 07:47 by Unknown
Would you believe it? As soon as I had written my Swing Trading piece for Spreadbet Magazine, the markets broke upwards out of their prior trading range(s) and started -- hopefully -- trending upwards rather than continuing to swing. Lucky, then, that I raised this possibility in my conclusion to the article. And it just goes to show that... markets change... so it might soon be time to start "
Subscribe to:
Comments (Atom)