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Bought at 133p still holding at 163p
Sound advice 3LittleBirds.
I would have highlighted point 3...... Too often I've had an itchy finger, and should have held back from a trade.
Morning Mr A, not so much, whilst not going too much of topic we focused on good sleep for our little ones, both, at 2.5 years old and 10 months sleep a solid 11-12 hours a night. We still miss a lot of events and family gatherings in the evenings as good sleep and rest was a priority for us, probably because I never sleep apart from in school!
I've had a year out with our youngest being born but from May I will be back into the swing of things and back into the FTSE for day trading. Looking forward to it as I miss it, but also a year out is a long time so it will be good to fire up the trading machine, although I did fire it up so my eldest could search for Santa using 4 screens on Christmas Eve, haha.
Hope your well buddy.
Trimmed, nice move. GL all.
@Fusion98 . Well Done! An 11% profit is a good return on a short term trade in my world.
"My eldest daughter is 2.5 and she's already been introduced to candle sticks :)"
Should that not include "...and as a parent, due to a lack of sleep she has introduced me to matchsticks, for keeping my eyes open during the day".
Good Luck My Friend.
rinse and repeat
I'm not sure, on a technical side this is very bullish at the moment. If you were day trading it yesterday you were 100% going long. Its still bullish imo. Be interesting to todays close.
@3LittleBirds, that's great your son's want to do this, I wish I started earlier, not that I am old. But my advise would be definitely trade, day trading (something I've done alot) is highly profitable, BUT that number you quoted is not really showing the full picture. 72% fail because they have no idea what they are doing, just like 72% of DRs would fail if they went straight to seeing patients. Learn your craft for years before stepping in, however learn the mindset and psychology needed first. My eldest daughter is 2.5 and she's already been introduced to candle sticks :)
Good Morning duncb,
have you tried using this link: https://uk.investing.com/indices/banks-components
A free live non-delayed feed, updates by the second, of the UK listed Banks as well on the right hand side giving live indices movements.
You may want to consider adding it to your Bookmarks.Favourites etc?
I hope all is well.
At 51, I'm not too far behind you in the rear view mirror.
My point was that the knee-jerk reactions seen of this stock, both up and down, can catch people unawares, especially if at work all day and 'forgotten' to check price movements. I speak from experience, as seen in January (from memory) Opened on Thu 11 Jan circa 152p , then US Inflation Rates come out 'hotter' than expected and close to circa 145p, only to then drift down further over the next few days to circa 138p-140p. Then a similar erractic/volatile repeat of price swings on 1st February following the lead up to and announcement the BofE Base rate. Anyway not teaching you to suck-eggs, hopefully this clarifies my warning.
The trend being your friend is definitely in play at the moment and agree, i would expect the upward trend to continue for the rest of this week.
Point 1 - Research - Agreed. I would add, if i can't understand what the Business does and how it makes money, then i will shy away.
Point 2 - Dividends - if they regularly pay them then in theory, less of a riskier stock, and certainly a consideration which to me is part of the research.
Point 3 - Totally agree. No real F.O.M.O. for me . If i have missed a trade then so be it. Personally, a 'Yes' decision should be instantaneous and clear, if i have to think about the decision, then for me it is probably a 'No'.
Point 4- CFd's and Spreads. Also for me a no go area. Losing multiples of a 'stake' scares me.
As for my advertised trades, again, hopefully it serves some sort of purposes to at least one person in what to do and/or NOT to do on this board?
I'll wait for the dust to settle over the next week or so and get my 'helix' maths set out to see where the trajectories indicate the price MAY be going.
Good Luck with your holdings and Well Done on your Profit to date.
It is a regular glitch on Google. This is the better site for closing prices, as it reflects the 'UT' price which is the mechanism used by the Stock Exchange SETS system for arriving at the closing price.
Great performance, once they hit 160p I thought I should sell and buy back as they usually peak on good news then fall back, well I didn't. I am overseas now and am 7 hours behind you so this morning I took a look at google finance and saw they had closed at 155p (thinking I would have been right to sell), checking here and Halifax its 161p. This seems to be a regular occurrence on google, I just wonder why?
@3LittleBirds you are a very wealthy and wise man...however my advise to you is, do not encourage your sons to trade stocks , it is basically gambling ...stocks will go up and they will go down-no one really knows what is going to happen!!
Mr A. I’m a big boy at 58 with a £1.2m SIPP but thanks for the warning. Still not sure what you mean but it doesn’t matter mate.
I have two sons 16 and 20 both wanting to trade and invest and my advice is.
2. Make sure your target Co also pays divi’s (boring Dad stuff)
3. Don’t let money burn a hole in your pocket and WAIT, WAIT, WAiT for a good entry point even if it takes many months.
I don’t do CFD’s or Spread Betting but the reason why there’s a warning that 72% of people lose money is simply because most guys open an account and then think ‘ I have to trade’
Wait wait wait and then strike.
My average here is 141 and I have £200k invested. I also have a good average with Aviva with more there. Etc etc
I’m not talking particularly to you but hopefully others who are trying to make a few quid and wonder why they don’t.
Very rare that this track ever gets played anywhere but for those with a more exotic musical palette then enjoy!
“Diddle-Umma Day” by Chas & Dave
Di di diddlybum, diddlybum-a-di-do
Bi diddly-umma-dumma, diddly bumma-day
Diddly-i-di diddly-bumma di-do, whoop diddly whoop whoop diddle bumma-day
Woah, diddly-bumma, diddly-bumma, diddly-bumma
Diddly-bumma, diddly-bumma, diddly-bumma, diddly-bumma-day
Dee-dum biddly-bo, di-dum a di-do
Whoop diddly whoop whoop diddly bumma-day
Give until 40 seconds to really get going…
Good Evening 3LittleBirds,
Not sure of your goals or strategy but just tread carefully here… Those who are a little “longer in the tooth” can vouch for the Blue Budgie quickly ‘morphing’ into a Sunset Scorpion!
Good Luck My Friend.
I had a Donkey Jacket at Preston Poly in the 80’s and remember selling copies of the Socialist Worker whilst smoking roll ups in cut off mittens. 3 years later I was working for a magic circle law firm in the City, wearing a pin stripe and voting Conservative. Funny old world ain’t it.
I had a very good day for a change today.
I’m holding as I’m predicted a good week for HSBC and even Lloyds on Thursday and working on the principle that all boats rise with the tide. Also momentum is now with HMS Barclays in its own right so fingers crossed we tick up to 180 fast and then march on £2.40.
@ Mr A' - Aye what a day !
Rarely would I be sat in front of my screens this long in the day, unless there's some momentum in the mix.
We had the "Pie Man" waffling earlier, lucky for me I was I long GBP/JPY & GBP/NZD, hence sat in what's been a very long day.
Things got a bit twitchy mid arvo and others new to leave me alone (my headphones went on with some Chaz an Dave) just to drown out background.
For which I sat smiling as the first track was Rabbit, whilst my screens were screaming for attention.
You spoil Mrs A with posh cruises, Mrs W can count herself lucky, double bonus if it's not raining on the day.
She tapped me up for a fur coat once, not sure she was that impressed when she unwrapped a 'Donkey Jacket' lol
Any how, like ya good self Im about to join the ole Avanti West Coasters myself in a few minutes.
Think I might take Mrs W out for a 'Bernie Inn" 2 for £10 meal deal later if she's in a good mood (she's still irritated from her valentines day gift) . . . Don't ask.
Afternoon Mr Wolf,
Just catching up on the board whilst sitting on the train.
You took the words right out of my mouth... as Meatloaf would say.
My Powder remains dry... happy to see where we are at close of Business on Friday. If i get in a little late and depart a little early, as long as i have generated profit then i will remain happy. Your reference of Up the Grand Union Canal ALWAYS makes me laugh out loud. Spat my coffee out when i read it Well Done You.
I have no desire to rain on anyone's parade today. If you are staring at profit then a sincere Well Done.
For those that have perhaps clawed back some losses then long may that continue.
Looking for some stability and sense of "true" floor and ceiling before considering placing my roulette stake.
I noticed @JayK sticking to his strategy... and why not? Hope all is well JayK.
Good Luck and Good Fortune to All.
Hopefully if and when the FED's target the US Banks it will / should level us up, we deserve a level playing field over there.
Barclays have had them (as bond would say ) "pishing" in our pockets since 2008 and telling us its raining !
US banks trade closer to 1x.
Big rise on the back of a cleverly worded statement....all smoke and mirrors?
@ Crispiano - Exactly, good point shared