10000 hits!

It’s been a bit stop start this blog. Started in April 2011 and it’s closed 3-4 times when I thought I hated blogging and then re-opened a few weeks later when I realised I enjoyed blogging too much……(don’t ask, not even I know what i’m talking about). Anyhow, over that time the readers have come […]

£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 […]

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 […]