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Hi all
COIN - Cramer was saying to expect $500 pretty quick - not bad for a $260 IPO.
I have no access to any of the Crypto-style shares as my SIPP provider has to protect me - Jees I can do plenty of damage on my own thanks - FFS
88E - looking very sick for me - down 20% in less than a week
NCYT - only "poorly" by comparison - down 10% in 3 days
Clearly not my finest choices of quick-fire-trades !
And there's the issue of no funds remaining to try and salvage positions by trading through - the nightmare of any PI.
Suppose I have to be grateful that less than 10% of p/f funds invested in these two.
hope evryone having more success than me.
Certainly living up to my reputation atm of CSDI
Cheers - C
PS. Need a cuppa after plowing thru my first client Tax Return of new year
M & T - I am watching from a distance.
Missing some boats as all funds tied up. don't want to risk selling NCYT at at loss, as cannot guarantee getting back in lower.
Just keeping an eye of p/f inbetween working.
sitting on some little profits but expect more to come from ASEI, AEWU, SUPR.
Just above b/e on AVST, NG and POLY.
Well down on 88E, CEY, GSK, IMB, NCYT and RDSB, but do have single batch in profit on GSK and two batches with IMB.
It's always tough knowing when to let profits run, but much harder knowing when to take a loss.
Certainly thinking about whther to take SUPR profits (5%) with ex div tomorrow, but it is only 1.25% divi so does not drop as violently as big divis. Would need a 3p drop to cover costs of divi and comms + SD, and not expecting that without another capital raise.
So with so many choices, it is easier to do nothing for now !
Carry on Trading you two
Cheers - C
V - Re CINE stop loss - no I've not seen it as I am newbie in here.
Funny you cannot see "poster history" of RBB thread but can see individual share postings.
Can you enlighten me or advise which of our 536 chapters/pages to look in ?
Maybe our thread administrator (Mr S) can produce an index - LOL.
how long before we are at 1000 pages ?
S - re your strategy - best to ignore any idea(s) that you are not comfortable with.
TBH - you are doing very well with your own strategy as it is - so why change anything ?
I am trying to move away from focus of HYPs after some 17 yrs.
For me it is easier as my past results tell me I need to change ... but in your case why change a winning formula
Cheers - C
S - Clearly you don't need any advice from someone like me, but I trust you have a strategy to withdraw "some profits" so that you do not risk loss of all gains.
when I had a good run with CFDs in 2004, as soon as I doubled my starting pot, I withdrew half and used it for family holiday going on our first ever cruise. After a while I transferred to spreadbetting and after another good start it all went belly up, when I got taken out by a huge market gap down, and CMC sold my position miles below my stop loss order (while I was not watching the market), so that my account balance was negative and had to repay them. Since then I've never used leverage again, as thought my stop loss offered guaranteed exit protecting my capital. A planned/controlled £200 max. loss became a loss of over £2000. Worse thing was my position would have been in profit if CMC had not executed the closing of position.
As a result I find stop-losses are more of a hindrance than a help, unless you can get a "guaranteed stop loss" which comes with a premium, and not available in normal SIPP trading account.
With respect to the dead wood - can you split into hold and trades ? I've only got small p/f as you know with 12 shares.
My biggest ones with GSK, IMB and RDSB are part hold and part trade.
Some are LTH - ASEI, AEWU, NG, SUPR.
Some are trades - 88E, AVST, CEY, NCYT, POLY.
Any of the LTH can be sold to add to trading funds if needed. Like T says best to liquidate rubbish and move on.
Just make a plan - even if you don't follow to the letter - it gives some freedom to let go.
I've made a number of changes to my plans thanks to ideas from Brigadiers.
Just some thoughts ... GL
Cheers - C
Afternoon all
Back from my lunchtime walk, ready to tackle first tax return of new year - a guinea pig test case no doubt !
M - glad Percy is happy, strutting his stuff eh ? CPI been in doldrums for a couple of yrs - could be ripe for recovery - GL
T - must be happy with PLUS plodding up nicely
O - Not on duty ? I think AVST is trying to climb that good old "worry-wall"
S - I don't understand - not happy with 50% uplift in a year - it's only 100 x better than leaving in the bank. I would be happy with 5% p.a esp in a year when the FTSE went backwards. I am sure things will come good with a litle patience - look at GGP waking up. To make yourself feel better, just compare your trading results vs CSDI - still in negative territory after 3 yrs and 3 months. The porch can act as great distraction if needed.
V - if you need co-driver to test the Tesla I can get to chester in 20 mins on the train ! I think we all need helping hand from NCYT, where we all ignored the standard advice of steer clear on profit warning for couple of days.
Think we're all guilty of being greedy there - but always remember "greed is good"
Can't imagine any of my shares reaching targets today - so will be another non-trading day for CSDI.
SUPR goes ex div on Thursday for 1.465p, but looking at recent ex-div moves seems best to leave alone - not like the big divis with BATS, IMB, RIO - that seem to be very tradeable.
O - on the REITS, AEWU up 9.1% since 22/3 and SUPR up 5.3% since 30/12/20 + 1.3% for the last divi divi. Thinking of swapping SUPR for WHR - is it worth it ?
Cheers & GLA - C
wow - never knew Corned Beef was so popular - my kids always taking the mickey with my routines, with the favourite being the dishwasher - where everything has a place for optimum use, so they deliberately mix items to watch me reorganise.
V - apologies for getting confused with M - maybe I need new glasses too.
O - that sounds exciting with a quote for £445K of AHT - I can remember them being tipped by Midas in about 2005 at around 50p - one of my clients used A-plant (tool hire) and I thought they were a rough and ready company with rubbish admin/controls. Amazing growth to tdays FTSE100 and now over £45 per share.
S - did you keep hold of some PFC - nice day
T - I've emailed IG about transferring my SIPP, as they look the most cost effective option. I am really fed up with Embark as still waiting for IMB divi due 31st March, and GSK divi last week. Currently have two complaints on the go with Embark and also one with Scottish Widows as the adminstrator. Pretty sure I am not staying there much longer - but will mean unable to trade for some time while transferring shares/account etc.
R - looks like most of us could be off the leash for a night, if all of our better-halves don't join in. No secrets from Mrs CSDI as she normally just goes deaf when I mention chess, football or shares.
A lovely evening, so been for a walk with Mrs before tea, as well as my lunchtime walk today - I'll need a tachograph at this rate.
Take care all - cheers - C
Just checking p/f on run-in to close.
Very disappointed with myself for being too impatient last week.
Diving in and buying 88E and NCYT has lost me the oportunity to trade one of my favourites with PFC.
Never mind, there's always tomorrow and the stock market will still be around.
down a bit today, with 7 reds, 3 blues, and 2 green (zeros), so that'll score 28 on the snooker table.
V - ummm didn't think anyone else had corned beef these days. I do like my routines ... yes very sad I know
OK - GLA with end of day - no trades for CSDI today (as expected).
Cheers - C
Afternoon peeps - time for corn beef butty and a yoghurt - yes I know how to have a great lunch !
Disappointed with my NCYT purchases on Friday - well under water.
Even worse is not having funds to trade PFC - hey ho the life of a trader/investor/gambler
At least 88E trying hard to recover - but not quite back to b/e at 159p, so need >160p to get into profit there.
P/f just about even for the day so far, at half-time.
Cheers & GLA - C
S - That's a superb result of + 50% in a year. For the 12 months to 31st March, my p/f was + 21%, just beating the FTSE's + 18%.
No doubt T will put us all to shame with his 5% per week performance.
TBF, to put it in context mine is 21% of a very small sum.
Mind you if I could repeat that over the next 12 months I would be over the moon.
My p/f fell so much I had to stop withdrawing from the SIPP, otherwise the capital would have been totally depleted, and I did not have a lot to start with !
Must say weather much kinder today in the NW - had a good walk after lunch with Mrs CSDI.
I suspect she will not be keen on joining us for a get together, so expect it would only be me joining up, if, as and when everyone takes up the gauntlet.
Cheers - C
Afternoon all
Been reading thru the chat on NCYT and several links.
After watching the SP fly over the last 12 mnths, my have stumbled onto an interesting investment.
Together with my 88E gamble, I've got my 10% of "fun-side" p/f filled up, and now 100% invested again.
Most of my other shares with nice divis, so not expecting much trading in week ahead.
My next trades should be to trim down GSK, IMB and RDSB if batches reach my target/profit levels.
As for a get together, I would favour Manchester (or Birmingham if more central for all).
As an idea, when I had my 50th, I decided on a Casino Night - there was a lovely 3-course meal for everyone to sit down and chat. There was some live music (not for everyones taste). Most of the women loved the slot machines, even though none were really gamblers, and the fellas played a mix of poker and roulette, with one table set aside for my group for an hour. The oldies just sat around the restaurant and bar. I had age range of 18-85 there and all agreed it was a good social night, even those that disliked gambling ! Local friends travelled back and too on the night, with distanced family staying in nearby hotels before setting off home the next day.
Yesterday, my planned cricket scoring was cancelled due to snow and hail. Next week is the first league match, so need to learn how to use the ECB's online scoring system for live updating. Might be some strange looking scores appearing LOL.
Who is going to the pub tomorrow then ?
Enjoy ...
Cheers - C
wow - what a week that was - Roller Coasters not my kind of fun anymore.
Managed a gain of £809 over the week somehow - approx 2% of p/f value.
That is depsite dropping £400 with 88E and NCYT in last couple of days.
Must be my core holdings all gone up over the week with the FTSE.
These REITS are doing well - AEWU and SUPR - but reckon that O's WHR even better.
suspect my trading shares may become "LTH" investments by accident.
It would be great to have a Brigadiers Xmas Party - if apprentices are allowed
Have a good weekend everyone - it's time for Fish'n'Chips tonight !
Cheers - C
Any chance we can pick up the apprentice brigadier from the NW - don't mind Manchester or Liverpool as I'm in middleish.
I am sure M can join the march up here too before we head south to meet our brothers-in-arms.
What a shame all of yesterdays 2% p/f rise undone in a day. Hey ho ... it's only money
Cheers - C
All aboard the NCYT roller-coaster ?
Was hoping for a quick in and out today, but not looking likely now.
I was fooled by the first bounce back to £5 just after 1 o'clock, so thought I'd got it right with 475p.
Nope it was not to be .. so added batch 2 at 450p.
I'm averaged at 467p, so may be stuck here longer than hoped.
My last couple of trades have undone my small profits and then some ...
So that's all my trading funds thrown in the kitty - back to 100% invested - ummm
GLA - C
T - Thanks for that. My strategy has been developed from following Stephen Bland's HYP philosophy for over 10 years. Mind you I cannot say I've done it properly as you would never trade under his system !
I've also followed Midas "Dogs of the FTSE" since 2002 which gave me the idea to look into.
S- Likewise thanks for your comments. No need to apologise to anyone if they follow you and it goes wrong. Would you apologise if they followed you into a 10-bagger ? You win some/lose some.
We are all here to try and make money and are all free to make our own decisions. No one forces us to buy any share.
I remember following my first tip in 2004 and bought THUS after reading an item in Daily Telegraph - probably Questor column. Within a week I was on receiving end of my first ever profit warning - and lost about 30% in no time.
There are so many reasons I call myself C S D I
Cheers & GLA - C
Hi T - Just looking at your baby ASC.
Excellent H1 results, with a little caution looking fwd.
I am trying to understand valuation metrics - comparing ASC growth vs IMB (no growth).
For LY, IMB EPS was 254p and ASC 126p.
Current SPs 5590 for ASC vs 1560 for IMB.
I struggle with getting my head around growth valuations (eg JET, OCDO, TSLA) and am stuck in the past with old-economy shares like IMB that to me are massively under-valued by the markets.
What are the main ideas I need to get into my head, so I can look at the future economy and give myself a chance to pick some shares that may grow over time rather than stagnate ?
Any pointers to help me think outside my comfort zone (over reliant on P/Es and divis with predominantly large market caps), would be massively appreciated
Cheers - C
Mama weer all crazee now - another blast from the past.
Probably the best live band I've ever seen - Slade at L'pool Empire back in about 1980 or 81.
Noddy Holder and Dave Hill phenomenal double act.
Just great fun taking the mickey all night.
I saw quite a few rock bands bw 1980 and 1995, starting with AC/DC (Back in Black tour) at Deeside.
With the highlight being Monsters of Rock at Donnington in 1984, headlined by AC/DC, with Van Halen and Ozzy Osbourne as No.2 and No. 3 acts on the day. Was very impressed with first on the line up called April Wine. All the bands were superb which is unusual as most support acts are not great (being polite).
Just waiting for closing prices to be confirmed on my stocktrade account, which normally takes til about 5pm.
Wow - that looks odd with 88E @ 1.7p, and some other big lifts at the close. would give me a 2% rise on whole p/f in one day.
Something not right there me thinks !
V - Love that quote - maybe start a new rock band = The Red Brigadier Rockers. I'm afraid my musical talents are non -existent as well as being tone deaf. I can sort any admin needed for gigs LOL.
I've done a top-up/average down on RDSB after my last one continues to drop from 1452p. This one @ 1337p, to add to the oldies @ 2688p (ouch) and 2061 (ouch again). Now got average costs of 1774p. Will look to trade the two recent batches in due course and keep hold of the oldies. All batches about £1500 each.
Also ready to add 88E for a bit of spice - price dropping every quote - currently down @ 1.485p from 1.58 a few minutes ago.
Will only be buying £1500 worth for a bit of fun. We all know how dangerous AIM shares can be - as illustrated by V's colourful quotes and S's notes.
Cheers - C