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T - Oh yes, a better day today even for CSDI
Managed to get 1% back on the p/f, but still down 2% on the week.
another non-trading day for me, but happy to see my highe value shares in positive territory (GSK, IMB, RDSB, ASEI )
Makes a change with 9 blues and 2 reds, altho todays risers only fraction of yesterdays fallers.
Pleased for all Brigadiers with ARB, even if not allowed to join in myself.
V - Nice to see GGP heading in right direction for you.
N - The top division of the chess is full of grand-masters, literally a different league to my level as an average club player.
The league has 32 teams in each of the top 6 divisions, with 4 pools of 8 per division, split on equal strength, with teams playing 7 games in their pool and the top team in each pool qualifies for semi-final play-offs; and top two teams in each pool qualify for promotion and bottom two get relegated - so 25% of each division gets promoted and 25% gets relegated.
when I play in the normal "over the board (OTB)" competition most of the top players are paid to play for various teams.
At my level (division 3), everyone just plays for their enjoyment representing their club. I am very impressed by the numbers playing "online chess" although teams are 4 players each, compared to the OTB which has 8 players in divs 1 and 2 and 6 players in div 3 and 4, with fewer overall teams accross the UK.
O - sounds like fun (not) waiting for shares to be transferred to provider. I will likely have this problem later this year if/when I transfer my SIPP a/c. I am watching AVST again and might be tempted back in at 440-460 for another trade.
S - Keep up with the projects - I am envious of your practical skills - as my skills begin and end with adding up numbers.
Take care all, cheers - C
Morning all - I'm always late - you know me
P/F down a tad again - thanks to 88E's continued decline.
Thinking about using my last funds to average down on that one now - so many losses to attack, don't know which one to go for. My usu method involves tackling the worse %age loss, and 88E is way out in front at 33%. Based on current value it is only 2.7% of p/f.
Nice rise with ARB for everyone today - should put some smiles on faces.
Of course, the big news, is the collapse of Euro Super League, as clubs come back to their senses. Expect their will be some serious fall outs with owners, but you cannot put the genie back in the bottle. Football is hardly the working man's game it was when I was a kid. I used to love spending my £3 to stand on the Kop, but wouldn't buy a ticket these days. I spend more time at Goodison watching the toffees, as my best mate got season tickets and I get free meal and booze a few times a season. I would not spend what he does ... but then I don't work hard like he does to earn it LOL.
My chess team got hammered last night to finish bottom of (sub division in) the league, with yours truly saving the team from a whitewash with a hard-earned draw against a youngster who beat me last time we played in 2017. Our 2nd team have finsihed top of their sub-division to guarantee promotion, and have end of season play-offs to see who wins the division overall (4 sub-divisions in each division). The league has approx 260 teams playing in 7 divisions.
Catch you laters - C
O -Thx for comments on AVST. I'm not likely to go back in there as too many fires to put out, and only one water cannon left !
Feel like I am following ideas of "S" with taking profits on some trades and not accpeting losses, which are mounting considerably now.
Surprised that only lost just over £1000 today (2.5% of p/f) compared to FTSE fall of 2%. Feels a lot worse than it turned out. Hope my BATS purchase tunrs out to be good trade, as allows me to leave IMB alone. Just goes to show you never can tell when to take profits as yesterday would have been good - with benefit of hindsight.
Still the REITS doing well, and now thinking about cashing in profits as both at or close to 52 week highs (AEWU and SUPR).
Right time for chess match in a minute.
Catch you laters - C
O - did you repurchase AVST ?
I am waiting to buy the FTSE via LUK2 with my remaining trading funds.
That assumes this is just a mini drop, rather than something more pro-longed in which case I should go for SUK2 as that is my only way to profit from falling market.
I am tempted to add to 88E and NCYT, but just think there is no logic with Aim shares.
88E - can expect problems like any oil explorer
NCYT - was at forefront of Covid testing, and while £12 might have been too high - the drop back to 370 is just so typical of AIM. It's fun when you call it right, but painful when on the wrong side. Time to stick to my discipline of max 10% of p/f in the AIM casino, and use my last 6% of funds to either average down on one of my losers. avearge up on one of the (rare) winners, or use for the ETF with 2x leverage on long or short side of FTSE100.
Oh the joys - cheers - C
Just bought some BATS on the 8% fall for a trade or keep for the divi if needed be.
Having a stinker today - 88E down 10%, ASEI down 5% (did not expect at all), IMB down 7%, NCYT down 7%.
Everything in the red, except CEY & POLY clinging to a bit of blue.
Worst day my p/f had for some time - prob since Covid crash last year - ouch
Hope everyone doing better than me
Cheers - C
Morning all - LSE playing tricks with missing posts again as usual.
O - I've taken my profit on AVST but much lower than £5, selling at 484p on way down to lock in £100 trade profit.
If I was here early enough could have got the £5, which would have added another £70 - hey ho.
Having a shocking day accross the p/f with 88E down 10%; IMB down 5% which is much more painful as 5x more invested than 88E and NCYT continues to wreak havoc - down another 6%. Very disappointed with myself for being too impulsive with 88E and NCYT - as wipiing nearly 3% of my whole p/f so far. Just undoes ground made up with other shares - at least I am still in profit for the month to date but badly missing %age made by the FTSE which is my yardstick.
Cheers & GLA - C
N - indeed glorious weather here too.
Please don't any notice of my ideas - it's bound to end in disaster wherever I buy shares.
So you are safe for now as I've not bought in - but remember my monica stands for Crap Share Dealing Ideas .
Another non-trading day for CSDI - p/f looking very red today with only 2 blues and 9 reds.
The goldies gave all their morning gains back - hey ho - I can here T shouting at me for not trading the spikes'n'shakes.
hope everyone done better than me today.
And still waiting for dividends to be paid from IMB on 31st March, GSK on 8th april and MCRO on 15th April.
Having already had compo for previous delays, now got 3 claims in progress.
It's only a matter of time before my SIPP is transferred elsewhere. Just have to decide whther to t/fer in specie or sell everything and move to cash. No rush to decide yet. Plusses and minuses with either route.
Anyone got experience of transferring a SIPP ?
Cheers - C
good afternoon all,
Bit of a down day for CSDI p/f - nothing to dreadful - yet !!
goldies doing well as I expected, but my two aim shares down 19% and 11% respectively, knocking 2% off my whole p/f at present. AEWU up 10% in 4 weeks - so good news there.
Taking a look at a financial share called FRP - small aim company but had couple of bolt ons this year - deals with business restructures and insolvencies etc - so sure to have plenty of work when Govt support peeled back. Just started a 1/4ly divi which is unusual for aim and expects increases in t/o and profits (so it should if keeps bolting on other firms).
I am thinking of just a £1500 punt, but the chart tells me to wait a little while. According to history, looks like was dormant for few years as accounts gapped from 2015 to 2019.
V - yes great to see Orlando up front mixing it with Lewis. Didn't like fight between Bottas and Russell - but pressure is on at 200 mph.
O - FTSE vs Dow comparisons are very telling. I make similar comments on a number of share threads. Also discussed on my own p/f thread chat as many of my HY shares are "old economy" and therefore lack growth prospects.
S - did you keep some PFC shares as done well recently - esp since I sold out LOL - usu impeccible timing skills I possess.
T - I trust MCRO and PLUS behaving for you.
Time for lunch me thinks - C u later
Cheers - C
Afternoon all,
Finsihed work now after 1/2 day catch up.
Just strolling thru some of the BBs for my shares and wanted to mention something from the CEY BB about Bitcoin etc.
Looks like pressure mounting against some goings-on in Crypto world. Might help my goldie-shares if money moves from Crpyto. See link below, just in case it helps any of Briagdiers take defensive cover if needed. No doubt you will be more aware than me of any news effecting BTC/ARB etc.
https://www.fxstreet.com/cryptocurrencies/news/breaking-bitcoin-price-crashes-14-sending-cryptocurrency-market-into-tailspin-202104180359
Take care all - catch up 2mrw some time.
Hi All,
So much for window shopping .... Mrs CSDI wanted a visit to Debs to see if any bargains around.
At least her money was spent in Debs and I bought the coffees - so good trading for me.
P/F finsihed the week with another 0.5% today added to p/f, to take my gains to 1.8% for the week.
Just two trades completed from b/fwd positions.
I am trying to focus on taking proifits at set targets, and not taking losses for a while.
My review of this years trades shows I have taken 8 losses out of 32 trades.
Only 1 of those 8 would still be in a loss, if I had let them run until now.
This tells me, I am being too short-termist with taking losses.
Of course, this goes against all accepted wisdom of investing of running profits and cutting losses.
This will happen where markets continue to rise, as they have done this year.
Question is, what do you do hen markets start to fall as losses escalate then .... ummm
Looking forward to take-away tea tonight, and cricket tomorrow, with 1/2 day work on Sunday planned and the F1 to watch.
Take care all
Cheers - C
Morning all (just about).
O - Thnx for opening up the shop - looks like the proprietor taken the day off.
I'll be following in his footsteps as having early finsih today - to go window shopping with Mrs CSDI after lunch.
Quiet day for my p/f - altho NCYT still falling. Would not like it to drop below £4 area as no support in sight. Could do with a little +ve news from Mullins but being AIM you know it's like a casino - you win some, you lose some.
Please to see PFC been recovering well, altho I took a loss on it. Still waiting for Results due mid-April.
What's happening with ARB ? as SP seems to be much lower than I thought.
My p/f lagging the FTSE's rise atm, despite my "Goldilocks" shares doing their best.
Have a good day everyone and a wonderful weekend.
Catch up soon - Cheers - C
Hi Alas,
I like your choice of RIO, and think that BRWM is a good choice as a general mining option too.
I am already fully allocated to mining with 2 Goldies - CEY & POLY, which is a bit concentrated as a sector choice.
Oddly enough they have both had a good day as gold has risen a little, maybe breaking out of its consolidation phase around $1700 after a few weeks +/- $30. for me POLY is a short term trade, with CEY a longer term recovery play.
I've put just over 10% of my p/f into some high risk shares (as my fun/play allocation) with 3% 88E - Aim oiler and NCYT 8% after its spat with DHS last Friday, but got in too quickly on both, as already down 21% and 8% respectively - now you know why I call myself CSDI.
On the positive side I've trimmed GSK on todays rise, taking a little profit on my lowest cost batch, down to 15% of p/f with revised average cost 1509p, using my own batch costs rather than the average used by the broker/provider of 1413p.
I've also taken my shears to NG. as that is moving too slowly for my liking, selling for a miniscule profit and looking to invest elsewhere.
Like you I've added to RDSB recently, just 2.5% to reduce average costs, aiming for a trading profit, rather than a LTH.
I am consciously trading more and splitting my p/f bw LTH (mainly for divis) and short term trades.
The overall p/f has risen another couple of percentage points since my recent update, and is on its way to getting back to break-even. Not great (to put it mildly), but much better than it was and compares favourably to my target of beating the FTSE. Just as well I am not comparing to the runaway US Indices, otherwise I could get very depressed !
Cheers - CSDI
T - As always nicely done with your ASC babies - you do take good care of them !
an unusal sight with my p/f today - it's gone up nicely - despite a 50/50 split with risers and fallers.
I've just sold my NG slow-moving slug for a 2% profit (£50) to find another home for something that moves a bit quicker.
I am sure you will approve of routing out the slow mover after 3 months of going nowhere while rest of the FTSE been climibing the old "worry-wall"
Cheers again - C
Just used GSK proceeds to buy NCYT @ 412.6p, so now got about 810 shares @ average 447.
Small beer compared to you guys, and about 8% of my p/f.
GSK SP falling back now but not adding naymore there as still my biggest holding @ 15% of p/f.
Right time for my little exercise - off for a walk - and get away from computer screens for a while.
Cheers & GLA - C
O - BRWM is excellent share - I had that a while ago but moved into BERI which also done very well.
I remember having AAZ in my old SIPP - did very well for me years ago.
Hoping CEY & POLY come good eventually when gold starts to climb - if it does
GSK - suddenly moving - maybe Elliot involved according to FT - just sold my trading batch for £100 profit - good result for CSDI. As GSK my biggest holding, having nice effect on my p/f helping to make up for 88E & NCYT.
Cheers - C
Morning peeps - just waiting on delivery of kitchen table - paid for before new year - but stuck in Covid jam.
The chairs have been siting here without their table LOL
Trust S is ok and just sidelined with Porch Project.
M - Been a busy bee trading away
T - got his MCRO divis before me - I am still waiting on mine from IMB (31/3) and GSK (8/4) - I am very pi55ed off with Embark.
O - Thought AVST was going to get through 480, but pulled back towards 475 I note. I am only in it for a trade and aiming at £5, whereas you are looking for better rewards at £6 I reckon.
SUPR holding ok after going ex div today, but 88E and NCYT letting me down this week. down £600 on £3264 bw them in less than a week !
Van arriving - c u later
Cheers - C
busy on here for an evening.
S - Are you ok ? Hope you've just been distracted with Porch DIY etc
M - No probs having to wait. Must remember this is a marathon (could last another 23 yrs if I survive to average age), so can't get too worried over 1 day eh.
Just seems everyone trying to get rich quick around here. I would be very happy to get rich as slow as anyone, but tbh that's not going to happen with my CSDI ability - smiley face
Just been playing chess all night, having some fun online, while lsitening to Liverpool huffing and puffing against Real Madrid.
Take care all - catch up some time tomorrow
Cheers - C
V - Nothing major on my (agents) system for processing client returns.
Main item was where/how to declare SEIS grants as part of taxable income.
It looks like Crypto could be a good area, especailly those that got into BTC early enough - huge gains for them.
so many derivatives around for PIs to bet on these days.
It's a lot different to how folks used to trade before online investing became the norm, when there was only normal shares.
Nowadays you can try currencies, commodities, ETFs, cryptos, or just about anything.
So many ways to make (or lose) a fortune !
I really need to think more about trading AIM shares - as cannot ever remember any success with any one.
Just always manage to pick the wrong ones or the right ones at the wrong time.
Hey ho ..... it's only money ..... don't think my kids expect to inherit anything.
M - Well done today - taking lessons from the Master Trader - T
N - Sounds like good fun. I'm planning "a session" next week with best mate (my GP financier) and may need assistance to find my way home if previous exploits anythingto go by.
another disappointing day for my p/f - down a touch overall - while FTSE soldiers onwards.
7 blues and 5 reds with 88E and NCYT in my bad books, while RDSB was my best performer today.
Tomorrow is another day .... and Thursdays often show falls with ex-divs applying pressure, although recently had more Updays according to my stats, so maybe the pattern more mixed.
Cheers & GLA - C