Going Scandinavian

I’ve placed an order to buy LONG tomorrow on Marine Harvest (MHG.OL). a Norwegian stock. A Salmon supplier in fact. I know nothing about them, only that I like the look of the chart. It’s trending long and has been for a little while. I’m a little bit late in the trend but if it […]

Fantasy Spreadbetting League

Hey everyone. A friend of mine is just starting out on a Spreadbetting journey and I was looking for a good demo program for him to use. I’ve used CMC’s and Capital Spreads demo systems but these restrict many of the markets you can access and doesn’t give transparency for me in seeing what stocks […]

£270 profit so far…..£53 profit banked.

The end of this week has provided me with some rather encouraging results. Since I have started my new system I have achieved over £270 in equity profit of which £53 has been banked after the close of my EUR/GBP SHORT position. A quick summary of my portfolio’s movements over the last few days.   […]

A change of plan

I’ve made some large changes this week to my strategy after spending 2-3 months backtesting different rules over historical data and i’ve settled with using a simple 6/21 day moving average crossover along with the donchian channel breakout system. Very similar to the famous turtle traders strategies but a little more short term trend following. […]

Looking at diversification

I’ve talked about diversity in my trades before, on one of my old blogs, but it’s still something i’m very concious of. I’ve recently closed a few of my trades off. The result of gaining experience on picking better trends to follow and realising that my first few picks , whilst still held after several […]

How I pick my trades

Anyone who has been following me over the last year or so will know I’m a keen follower of Vince Stanzione’s methods of trading trends. I’ve made some mistakes along the way, but learnt from them, and going forward I think i’ve turned a corner in how I pick my trades. One of my most […]

Reflecting on bad trades

This weekend i’ve been reflecting on previous bad trades and two main patterns have arisen as a result. Pattern#1 – Bad stock choices I’ve not stuck to the rules on all 19 of my chosen trades so far. I should be picking trending trades and jumping on them with wide stops so I can follow […]

Stock Picks Never Work

I had always planned to post main updates about my overall strategy on a Friday. End of the market week and all that. Everything closes for the weekend and it’s a good time to reflect for an end of day trader. However, today (a Wednesday for all those saturated in Olympic fever they’ve since forgotten […]

£170 profit made this month

In the last few weeks my profit levels have been higher than ever. They’re modest profit figures, certainly not at the levels of professional traders (or even some amatuers) but in a world where the majority of Spreadbettors lose money on a monthly basis, i’ve had a good money making month. Here’s the profit graph. […]

July continues to improve

Today saw a lot of volatility on the markets, and I noticed a few people on Twitter talking about making some great profits on the EUR/USD falling today. For me, my day consisted of a £50 profit bringing my July total profit up to £200 so far (although these positions remain open and are therefore […]