Member Info for SadAct

freudian slip, sorry.

yesterday seems so far away and that light bulb is going dim! Think it was when you encapsulated your method by saying that the actual price doesn't matter buy on peak, sell on shake.

I know G, I can hang on to them but IF I had sold at 1338, (bought at 1318) I would be buying back now at 1326 and have a smile on my face

I can officially declare that I am having a bad morning. Had an offer to sell OCDO at 1338 and hesitated. aaarrrhhh

yes, TLW comments agreed. FEVR looking better, got an story of bad trading to tell you there. OCDO very close to me selling on what I consider to be a spike.

13.34? yes think i agree.
Not happy with my performance so far this morning. Bought more FEVR at 1600. Didn't sell on TLW spike, Doh

Good luck all

Thanks for briefing, looks like I will be busy on three fronts.

Ta for the comments G, I'll bear them in mind

G & T (like the sound of that)
I,ve got my copy of the cheat sheet printed and pinned up in front of me.

No, I'm not depressed, just sanguin. Did I read recently on this board about someone who always sells on a 7% fall? I used to use stop losses a lot but seem to have got out of the habit. Maybe I should think about that again.
Thanks for sharing your OCDO/Tullow experiences. I only bought Tullow for the first time a few months ago, I had had sucess with PMO, CNE and ENQ mainly due to oil price rises and I thought, with almost no research, I would try TLW and HUR. HUR gave me a little profit and you know what happened to my TLW foray. After the initial fall, I did very nearly buy more at around 138 but didn't (I am actually still scarred by CLLN where I bought them down to zero) and feel OK about having bought more arround 60. I will probably buy some more at current level to get my average price down then sit on them and wait.
With OCDO things are different. I have been following them for a couple of years and have made a couple of good trades. At the start of december I decided to buy OCDO and MRW as christmas gambles making reasonable profit on four trades. In retrospect, TSCO would have been a better bet than MRW.
Yes, I have lots of experience of dealing with several shares at once, most of it bad so I have learnt that lesson. My ambition was to reduce my number of holdings, ever since then they have gone up!!

I can hardly believe it but I think I watch the chart more than you! Certainly several times an hour. I'm going to try something closer to your tactics from tomorrow. Oh dear, think I will have to get up even earlier than usual. Also, I'm going to set up an extra screen specifically to monitor charts on this site, LSE.
I would like to try your tactics on one of my non Stampy shares as well but I guess I'll probably be too busy with OCDO tomorrow.

LSEs graphs are more comprehensive I think.
It all comes down to judgement of course but I find it hard to sell on a peak for several reasons.
1. It's not a peak or even close to one, it's an upward trend.
2. As already mentioned, reluctance to sell at a loss even though it's temporary.
3. Effect of stamp duty eating into sell and subsequent buy back (not an issue on non Stampy shares)
4. My natural aversion to churning.

Of course point 1 also applies to buying on a shake... Down to judgement again.

"What the share price is irrelevant to me"..
...when you said that I understood but it blows my mind.

You caught me rereading your messages, points 2 and 7? Yes, but. The only thing I can think of is that I am using IG charts/graphs and not LSEs. They do seem to offer more info.
One thing that irritates me about using limit trading is that it may not sell all of your order (if any of course). Maybe this is perculier To IG or my luck in setting a sell limit just at or very slightly above a peak. I have never experienced this effect on a limit buy order though.
I surprise myself that I'm not more disciplined at trading especially considering my attachment to money and keeping it!

Thank you very much for your generosity in sharing with us. I think I do most of those but not systematically. Emotion comes into play for me, I find it very hard to sell on what I perceive to be a good spike. Effectively selling at a loss, even though I "know" I'll be buying back cheaper later. But I have a question, I guess it's down to experience looking at charts but how are you deciding the top and bottom for the day. I assume you know the range for the day from previous day's data. Am I missing something?

Well I for one would be interested to see such a list. If I might suggest it could include the effect of upcoming xdivi or company info (l know OCDO doesn't pay divi but I'm generalising). I also find Thursdays could be a down day as other companies pay dividends and resulting suppression of FTSE and hence sentiment? (Maybe this is irrelevant). Friday seems to be profit taking day. I go on like this and convince myself of a golden 2hr slot on Tue morning! Lol

owls. The 5 day Google graph for OCDO shows a 5.7% rise, for a day trader to be in and out of the share, say three times this week suggests needing 5.7 + 1.5 being 3 stamp duty..approx. personally, I can't see looking at the graph how I could have made 7.2%. yes, every day/week is different, you could argue that a well researched day trader would have stayed invested this week, after all, it's not compulsory for day traders to actually trade every day. With brilliant timing (and a lot of luck) a day trader could have made more than 7.2% this week by catching those wed an Thur peaks. I am left thinking I am in the wrong business. Perhaps I should give up this day trading mullarkey. But in a way I am getting best? of both worlds by holding some OCDO longer term and also actively trading some.

Oops, sorry, i got the no minimum spend from Google "supermarket home delivery in France" , turns out it applies to Carrefour in Dubai!!

I suppose i have a bit of knowledge of french supermarkets albeit anecdotal. I would have been happier if Carrefour or LeClerc were opting to use OCDO systems. I think Casino/Geant group are playing catchup with the bigger players. Carrefour already does home delivery (with NO minimum spend!!) and is currently implementing home delivery in all french towns above 10,000 pop. Having said this, I dont think it can do OCDO any harm.

sorry T. Something is going wrong with my chat display, I'm only now seeing your "Short Tracker" comment