Member Info for Nick-Bris

Mmmmh. US wise - My trading stocks in MSFT, INTC and AMZN are up (well for now) and my APPL is down. Presumably, they won’t be able to flog their phones there.

T/O - thanks for the info and suggestions. My pf (which has several funds) is well down in line with the markets these past six months, so don’t feel necessity to sell. Given enough time they will recover.
I recall our conversations back last year about some experts pulling a lot of their money out ahead of a likely US correction. OK, not entirely how we might have expected it to occur, but perhaps this current crisis will wrap it into a “oner”.
The risk of a world wide cost of energy/living crisis led recession must be odds on now.
ATB

T - The SLs I introduced to my trading shares were only tight for those showing a profit at that time - in my case just my BRBY! The others were looser and didn’t kick in (fortunately). I’ve now removed them all, as I don’t want to crystallise big losses.
Luckily, I had removed the tight stop loss on the small batch of LLOY yesterday afternoon just in case the market took their results badly. (Unbeknown to me everything would be overtaken by events) My LLOY is down 9% today.

The SL on BRBY kicked in immediately well below the SL I’d set. I thought that would happen - it’s a known risk when flash drops occur.
So, I did still end up losing my small profit and then some, but not as much as holding them any longer.

My other trading shares JD, ABF, LVMH, GRGG have all taken at hit.
JD at one point dropped 10% this morning, but is now “only” 3% down.

And as I said yesterday I’ve mentally written off my EUA which dropped another 30% today.

I’m not panicking though. As Warren Buffett said “The stock market is a device for transferring money from the impatient to the patient.” That said, who knows whether selling everything right now would be a brilliant move.

GLA

Morning all. Seems as though it was inevitable the maniac Putin would invade and decapitate Ukraine. I feel sorry for their people.

Morning all. Bright start to the day weather and market wise.

O - yes I saw the clip and read about it. Very strange and tyrannical. Didn’t see the film, but I’m imagining The Death of Stalin scenario. Probably, nobody in that room would miss him.

Quite a few of my trading tranches were back in profit this morning, so following my current strategy of putting tight stop losses on them it is proving a bit tedious.

One loss and out on Evraz, four profits (4 tranches of the several of holdings of Lloyds, BRBY, ABF, Norsk Hydro) netting $110 dollars. So they are very small. Im using eToro, so there’s no stamp duty or fee otherwise it wouldn’t be worth the effort (they’re hidden in the less competitive rates offered). I’ve since gone back in with another tranche of LLOY ahead of their results tomorrow and they are up.

GLA

T - you’re right. The US spooking made the SLs on BRBY and AVRZ kick in. Only made £35 in total, but I’m back in again on both on with SLs in place.
Everything else down, but at least my LGEN and all my BRWM are back in profit
Have a good evening everyone.

Thanks T.
Pleasant surprise with the US markets this afternoon.
Back in on BRBY, and I bought a very small amount of Evraz - both up. Evraz is risky as they have some operations in Russia. I’ve put stop losses on both.

Thanks T. Always easier making money when it’s not real. It seems more about swing trading. For instance, I was all in on luxury brands for a couple days then all in on mining stocks. Others have also swapped in and out of largely pfs around mining, travel, energy etc. Though I’ve noticed today, the leaders have started to introduce more random shares into their fund. In the real world I’m not brave enough to move my entire pf like that. To keep things real, I won’t mention my fantasy fund again until the end in a few weeks!

Sorry about the loss on OCDO. Hope it wasn’t too big a financIal loss for you.
This might seem bad, but apart from one tranche of BRWM every single share and fund is showing a loss on what I paid in both my pf and trading fund.

My Russian miner EUA fell another 18% today and has almost halved from what I paid (and in funding raises what HNWI have paid). It’s 5% of my pf, so I’ll hold as long as it takes, but mentally I’ve written the whole amount off.

As regards BRBY, I was slightly disappointed when the stop loss kicked in as the SP recovered. However, it has since fell back further, so my lesson from Mark Minervini paid off. Not sure how dependent they are on Russia what with most of their oligarchs living in London! I will leave going back in on them for the moment.

Regarding Russia. Putin appears to have lost it showing such anger. How the sanctions will pan out given Europe’s huge dependency on their gas and I can’t see China being involved in sanctions if they can find a route around the US controlled international banking system.

GLA

V. I agree, I think the big companies with their vaccines and antiviral pills now have the monopoly on COVID treatments. I’m still in on SAR with a small amount. It’s halved in the time I’ve held it. That said, I never invested in it for its COVID potential that some were pushing, but for its anti cancer potential - noting that trials take a long time. I take some solice insofar as they’ve done a couple of raises with HNWI at what I’ve paid or more, but realise at the end of the day I may lose the lot. (1% of my pf)

Morning all. Cool grey and very windy again. Hope you are all safe and sound.

Most of my pf down again. Stop Loss on BRBY kicked in earlier for a 6% profit. May go back if it drops further.

I’m currently 168th out of 8,426 in the Telegraphs fantasy fund manager competition that started last week with a 2.7% profit. It’s loaded with mining stocks.

I see Mark Minervini tweeted about flooding in Russia near the border with Ukraine, perhaps being a pretext of going into help. Im actually wondering could this mean that the optimum time to invade has passed as perhaps? Russian tanks and equipment might struggle and get bogged down if they come off the highways.

As T said, sorry for anyone holding SNG.

GLA

Well, it “feels” if we are over the worse here in Bristol, though still very windy.
T - hopefully all secure now.
O - following on from what you’ve said about prolonged shipping issues. Maersk SP has increased 400% this past year, and has only fallen back slightly with the the rest of the market.

Well, it “feels” if we are over the worse here in Bristol, though still very windy.
T - hopefully all secure now.
O - following on from what you’ve said about prolonged shipping issues. Maersk SP has increased 400% this past year, and has only fallen back slightly with the the rest of the market.
I’ve “had to” up the SL on BRBY to 6%.

Morning all. Winds have now picked up. Two hours to go in BRISTOL before they start to tail off.

O & T - only goes to show what a lottery things are at the mo, making trading very difficult.

My BRBY is still doing well, so very unusually for me I’ve put a stop loss on it to lock in a 5% profit.

GLA and stay safe.

Afternoon all. Can’t see any posts today, so thought I’d start off. Hope you made it through the stormy weather safely yesterday.
Took a walk to the allotment this morning and the shed is still there. I moved a fair bit of heavy stuff in there to counter the even stronger winds tomorrow.

T - regarding any possible invasion of Taiwan by China. That would be a disaster, both for the people, but also for the huge supply of microchips they produce for the whole world. The Taiwan Semiconductor TSM share price doesn’t reflect any particular concerns (at the moment!)

My recently purchased BRBY are now up 5%, but LVMH down 2%.

I see John Menzies is up a further 25% today. Looking back at an offering to me by PrimaryBid last year I’d be 88% up. Shame I didn’t take up the offer. That said, if I’d taken up their offer on LOOP, I’d be 78% down.

GLA and batten down the hatches for tomorrow.

Thanks T. The other batch is now 5% up.
I agree the Ukraine issue is a drag on markets at the mo. Not sure if I believe the Russians are pulling back. We might find out their true intentions once the Winter Olympics are over on Sunday. Allegedly, the Chinese had asked Russia not to invade during the Olympics to avoid any fallout. Not sure if I believe that either. The Russians have already brought the games into disrepute already.

Evening all. Hope you are all tucked up safely.
Not much movement on SPs for me. However, my other half of BRWM is also now in credit. It’s only taken 10 months. Wish most of my other shares had done as well over the same period.

Morning all.
Thanks T - and likewise.
Very windy today. Hope my new shed at the allotment is still there, it’s quite lightweight!

Sold a batch of LLOY for a small profit yesterday, and bought some Greggs, which is currently holding its own. My EUA and GGP are making slow recoveries from their sell offs this past week.

ATB

Morning all.

T - I think like the weather we may be in for a rough ride this week.

As regards the rugby: France v Ireland - cracking game, the gulf between them and the rest of us appears big;
“New England” - satisfactory performance against what is a poor Italian side. I’m wondering if Eddie is losing the plot.
Wales dug deep and showed grit (Biggar ever reliable) and Scotland must be disappointed with their inconsistency after their good performance against England last week.
I’m looking forward to the next round of games.

GLA

Evening everyone.

V well done on the CINE, glad you got out with a profit.

T - thanks for the info and noted.

My hope of a continuous 4 day steady rise in the pf turning into a whole week came to an abrupt end over today. I’ll take that though.
I’ve bought some Louis Vuitton yesterday to add to my Burberry. Consequently, the LVMH has gone down!

Hope you’ve all had a good week.

Afternoon chaps. Thing’s continuing to tick along this week.
Hope your trading going well.

Mmh, Boris. A man willing to start a small war in the Ukraine if it keeps him in power. Sending Liz Truss to lay down the law with the Russians - They must be terrified. Wonder if she’ll bring up the current ban on UK cheese being imported into Russia. She’d willingly trade Donetsk for a few thousand kilograms of cheddar and think she’s got a bargain.
ATB

Morning all. Bright start to the day.

Bought some Burberry yesterday morning, before putting up a new shed in the allotment.

There’s reasonable movement in the SP, so it might be tradeable. Sort of hedging my bets with that one, insofar as their market - people who buy a £1,000 bag are unlikely to be worried about the price of their gas and electric bill and whether they’ll get cost of living pay rises!
So, in the long run, if the SP heads in the wrong direction I will get my money back.
GLA.