Member Info for mojo7865

Amazing what the greeners are doing anyone under the illusion that things will ever go back to normal are deluding themselves.

I think a great buy in point would be 3.05-3.06 atm looks like the strong end of the support sell price point around 3.18 at the moment. It's a bit side ways no news flow markets flat overall today.

Not much going on today crude inventories etc expecting a bit of side ways movements.

Lol I always times my buys a bit high fomo

Depending on how the next trade goes I may reduce exposure here for bhp assuming it hits my target of 19.5. They’re making about silly profits on iron ore and with the current ev trend I expect profitability to be there for quite a while yet. Oil whilst still being profitable just seems like a damp squib because of green policies.

I prefer shares over spread betting regardless of stamp duty. Grand scheme of things it’s one off payment instead of over night interest if a trade has to be held longer. Plus I’m not against paying taxes into the coffers of hmrc via stamp duty. If you ask me it’s more lucrative than cgt for them I think it would make sense to abolish cgt all together and just increase stamp to 1%.

Depends how many times you’ve done it. I’ve increased my holding over 10% by repeating the process. I did get it wrong between 260-270 and missed about 10p but overall my stake is just increasing whilst I wait for my target of 3.44p then I’m out for good.

Tell that to long term holders of all the big U.K. banks ??? Tell that to every bp and Rdsb holder who bought at 5 and 26 quid.

Don’t know why you’re so butt hurt. Retail 86% “investors” lose money. Everyone’s here with one end goal make some money but if you don’t see the market for what it is one big Ponzi scheme then more fool you. First money in first money out don’t be holding the when people cash out applies to anything shares, crypto etc.

Concur nothing bad about maximizing your profits it's not anyone who is day trading atm is deramping the share in any case deramps have 0 impact on a message forum. Longer term BP will pay off but in the meantime if one has the stomach to build a large holding by risking a sale more power to them. On another note I was one of those that got caught last year on the massive drop to 2 quid from 280p buy in whilst it was cheap I had an opportunity to exit before the drop at a profit but I like many thought holding would be more profitable. Instead I learnt sometimes it's better to take profit when you see it. No complaints though as I picked up a fair chunk at 205p and rode it back up.

Worse case scenario it goes 305.6 tomorrow where the major support is but, as of now I feel comfortable to be back here and add extra on that trade.

Yup i'm back in.

Observed like a hawk satisfied with my re entry with poo up it's quite funny i was able to get it back again lower.

Doesn't want to dip below 3.1274 sell if that goes i suspect it should hit 3.102 minimum

Might dip my toe in a bit but could be tomorrow will drop a post if i do buy more.

Looking for a below 3.12 re entry

3.175

Agreed but I have a lot of exposure to a higher end shell atm so will capture gains on that.

Sold out again looking for re entry later might be a mistake with poo up since last night but today looks flat news flow wise.

Just a guesstimate based off the dates I don’t have any privy info to which contracts have closed etc. But based off Wednesday and Thursday sell off I think the contracts were being sold off before expiry. Next move up I’ll be watching closely I suspect there’s more risk now to try make up the pennies but we’ll see if I see a break through tye 3.26 market in June I’ll prob hold off till my 3.44 target for a sell and buy back. I’m thinking the support would be around the 312-15 levels by then making for 29-32p movement. I can’t see money being made here otherwise unless they take the price back down to the 2.90s or lower and I can’t see that at the mo. Anyway enjoy weekend

Looking like options closed out Wednesday and Thursday. I’m expecting the price to pick up until the 3rd week of June now where I expect we will peak out assuming reopening still occurs. With the support around 305, I suspect there’s not much in it to trade between that and 320p atm I think the price will be heading 344p by the 3rd week of June that will be a good exit point as the rsi will likely over heat at that point. Shell I’m thinking 16.07 by the same date too.