A few weeks ago at the beginning of August, Cape shares slumped by some 40%. I went in at my token £1-per-point (long), with a guaranteed stop order in place just in case the worst should happen (again) shortly afterwards. The worst didn't happen, and in fact the best happened, with the share price up at around 230p-per-share this morning (30 August) relative to my buying price of 176.56 in an IG
Thursday, 30 August 2012
Tuesday, 28 August 2012
In my Position Trading book I raise the possibility of notching up whipsaw profits by employing guaranteed stop orders. These are 'notional' profits (i.e. avoided losses) that accrue when the spread betting company is obliged to stop you out at your guaranteed stop order price at a time when you can re-purchase immediately at the more favourable gapped-down price in expectation of a subsequent
Sunday, 26 August 2012
Saturday, 25 August 2012
I'd like to introduce you to a brand new book about the psychology of investing and trading: The Emotionally Intelligent Investor by Ravee Mehta. I'll admit up-front to an interest in this book; not an ongoing financial interest, but I did help out with the editing and preparation for publishing. It means I know the content inside out, and also I know the author's credentials, and on both counts
Friday, 24 August 2012
On 16 July, oil company Borders and Southern Petroleum gapped-down massively from about 60p-per-share to less than 20p-per-share. Pity the fools who were holding a large position through this gap-down, which all goes to show why it is important to diversify or to employ guaranteed stop orders.
So, what did I do immediately after the share price gapped down? Why, I bought in, of course, two days
So, what did I do immediately after the share price gapped down? Why, I bought in, of course, two days
Wednesday, 22 August 2012
I know that many "cautious" investors are put off spread betting because they perceive (or are encouraged to perceive) it as dangerous gambling. I think they're wrong, and that spread betting need be no more dangerous than any other form of stock trading and investing.
Look at it this way:
If you invest £1000 in (for example) Barclays Bank shares at 200p-per-share, you're risking £1000.
If you
Look at it this way:
If you invest £1000 in (for example) Barclays Bank shares at 200p-per-share, you're risking £1000.
If you
Dear readers,
Thanks for tuning in. Judging by the number of page hits, email subscriptions, and purchases of the Better Spread Betting book, I seem to be doing something right here -- but I'd like to be doing better.
If you like what you see here, and if you find it informative and interesting, then please help me out by spreading the word about betterspreadbetting.com. The more you help me,
Thanks for tuning in. Judging by the number of page hits, email subscriptions, and purchases of the Better Spread Betting book, I seem to be doing something right here -- but I'd like to be doing better.
If you like what you see here, and if you find it informative and interesting, then please help me out by spreading the word about betterspreadbetting.com. The more you help me,
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