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 […]

SHORT on $NAT

I opened a shorting position in Nordic American Tankers yesterday 17/09/2012. NAT has been trending short since around Sept/Oct 2010 when the share price was 2800. It fell for a long time until consolidating around April 2012 at around 1600. It fell a little more whilst it tried to decide where to go and I […]

Spreadbet Diary Video – Episode #1

After my recent post about getting up on youtube i’ve now managed to find the time to upload my first spreadbetting diary update. This is the first of several monthly videos i’ll do going over my trades. We take a look at my charts, my stops and my plans for the positions, why I entered […]

Spreadbet Beginner joins the Youtube age

So I figured maybe it was time to get on with that thing i’d been meaning to do for aaaages. I’ve wanted to do some videos on Spreadbetting for a while now and yesterday I recorded and uploaded my first ever Youtube video. It was mainly an introduction to me and my background, and I […]

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 […]

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 […]