Member Info for 9669

What are the bars and restaurants like in central Bristol? It's getting like you need a stab vest to venture out in London now. I've got twin daughters of 22 years old and I worry everytime they go out.

Hi CB I like what you've text especially when you buy a share don't think of it as an investment/bet - forget the concept of a share - think of it as 'I am buying a piece of this company. Aside from BOO, IQE, I really like SXX, haven't bought in yet, keep on threatening too though. I'd say SXX is definitely a 10 bagger, over the next 3 years, then good divi's for the next few years with a 100 year mine.

Haha, yes back to BOO. Good post, I have to agree, I'll look out for you on IQE side of LSE.... Overlay MACD, ichimoku on today's IQE (with a 2 hour screen display) 1 min tab on IG.

CB, did you manage to get any of the 5% in IQE today? I looked, it signalled after it went up 2%, I thought that was all its rise (even though the signals said to still enter) then it proceeded to go up 5%. The swings on IQE, could be 1.5% in a heartbeat, certainly not for the fainthearted. IQE will probably get to 155p by June, however I prefer BOO, as the swings aren't as big, but the payoff is you can get in and out on trading, and the fundamentals are better long term.

Hi Jambon, I entirely agree with you,I think BOO will fly, no matter what happens, so to that end, I will always buy in at the end of the day, because like you've alluded to several times, one day it will open and fly. I don't feel the need to sell all of my holdings as I don't want to be locked out whilst trying to buy in, as stated I can always fill 20,000 to 40,000 share order (so far anyway) If people buy and wait for the shares to go up, then more power to them. I don't care how anyone else makes money, I only care how I make money. If someone could tell me what they do and it's different to what I'm doing, then I'll look into it. If it doesn't work for me, that's fine. I bought in at 255p, then again at 240p, then again at 225p,,, then again at 191p, it proceeded to bounce around, until the last drop, resulting me ending up the wrong way by 30,000ish quid. I didn't particularly like this situation, I didn't have anymore cash to fire in to the shares, even though I thought BOO was a good company, my results didn't confirm that, so I set about looking for a system that signals movement and set about to build up my shares holding. When I don't fancy trading, I don't, I just leave them as shares,,,, ebbing and flowing. My breakeven for BOO is 164p and that's ok with me considering the best price I've bought with virgin money was 191p. Endion, what system do you use to trade peaks and valleys?

Hi Jambon, no agenda here, just a bit different to what others post about, thought I'd share. For disclosure I hold about 130,000 BOO shares, I trade 20,000, using the 3 trading signals I mentioned. I only added the ichimoku signals to my system over the last couple of weeks and I like the results. I try and build up my share number holding in BOO without adding more funds.

I agree, you've got to know when to walk away. But that's my point, one's goals change as you move through your life, you may never get there, as goals are constantly in flux. If you set your sale in BOO as 220p, then what if it never gets there? hold on forever or if it does, you might say, I'll hold on for 300p. Another way of looking at it, if you make 1.2% per week as additional shares, you are essentially reducing your average by circa 2p each week, so if your average is 240p when you start, in 10 weeks of trading this way, your average is now 220p.To take that to the nth, if you own 20,000 shares and you can trade in dips and peaks until you own 40,000 shares, your average is half of what it was, you can now sell at 110p and have your initial stake back or sell at 220p and double your stake. I try to not own my 50% of BOO shares when they are falling, and own them again when they are rising. If they just went up, I wouldn't need to do this. It isn't easy, it is hours of starring at screens and you really need to be able to deal with the stress... I find swearing at my monitors and Jack Daniels works!

All of these opinions are fed directly into these charts for you to make an informed decision, they collectively create a momentum, your opinion or your bid/offer alone doesn't matter to the price. If you call your decision wrong, it isn't a big deal because with BOO, no stamp and a tiny spread it doesn't cost that much to trade. The exact costs on 20,000 shares = �35,600 @ 178p. Spread 0.2p per share = �40. Stamp no Sell �6 Buy �6 = �52 total or 0.14% of your stake. In other words if you sell and the price drops by 0.14% or it rises and it goes up by 0.14% you made the correct decision. Admittedly, is easier for the bastard shares just to behave, and leave them to slowly go up, but they don't! I've been doing it and IMO it's better just watching the price fall or to finish the day slightly up. I didn't make 1% today, but I did make 0.8% and that beat the day. I had to make a couple of buys and sells on signals that cost me �70, i.e. if you get a signal to buy, but that upward momentum doesn't continue and you have to sell again because of a downward signal, it costs you, but hopefully it has risen enough to pay for part of your trade cost. If you want to have a go IG index, open an account (it's free), go to share platform, load MACD, SAR, ICHIMOKU from the technical tab. Select 1 min from the time tab. For my level 2 i use webfg, up to the second as is the % change (that costs �30/ mth) however I've got it free for 1 year as I was previously a Barclays high volume trader (BARX) Keep the insults on this post to a minimum please!

The ebbs and flows are very frustrating, but you can turn then to your advantage. Like most things in life, there are always several ways to get to your end goal, not any one way is correct 100% of the time. We all know we're in a good company, and the shares will go up in the end, so you could just leave them and in 1 years time you'll be sitting on a nice few quid. But hereinafter lies another problem, when do you sell?! when they get to �3, why not wait until they are �4 or even �5..... You end up never getting to where you need to be, as the goal posts get moved..... Human nature I suppose. You want �1m in your Bank account, then you get there BUT all your toys are more expensive, so �1m isn't enough anymore, so you need to get your hands on �2m,,,, �3m etc etc... Then you die or give it all to you ex wife and your ex personal trainer, because they know how to enjoy it, all we do is work!! Unless you're a pop star, you can't go out on the lash every night and still have the wallet filler rolling in.... I find what works for me is micro goals, so I achieve what I set out to achieve, but on a weekly basis. I sell 20,000 shares as a way of keeping my interest going. Sell before the dip, buy before the rise. Any profit stays in the pot in the form of shares, if you make 1% per day you'll have 200 more shares on day one, 202 more shares than day 1 on day 2 compounding all the time, day 5 you'll have 21,019 shares...incidentally, If i want to trade more than 20,000 one sometimes has to trade on multiple accounts, to secure the best price (closet to the live spread price) The only way you can trade the dips and peaks with any sort of accuracy is by using an up to the second Ichimoku chart and MACD chart and XAR chart all open on the same graph. And live level 2 prices on another chart. They all filter out each others noise. It isn't definitive or infallible but it's as good as your going to get, without a crystal ball. The whole market populates these charts, at the moment you're looking at them, so you know what 1000's of people are doing at any point in time, so you've got half a chance of catching movements. Opposed to guessing what 1000's of people are doing. We've all seen the petty arguments born from differing opinions. Everyone has an opinion,,, and not always the same as the next person, most strong willed people couldn't agree on the colour of shit and that's the market too, one person thinks that it will rise and will buy, the next person thinks it will fall and sells... All of these opinions are fed directly into these charts for you to make an informed decision, they collectively create a momentum, your opinion or your bid/offer alone doesn't matter to the price. If you call your decision wrong, it isn't a big deal because with BOO, no stamp and a tiny spread it doesn't cost that much to trade. The exact costs on 20,000 shares = �35,600 @ 178p. Spread 0.2p per shar