Member Info for SadAct

Note OCDO is up at 1362.

Well made a decision, sold all my CCL, the US opened down 8%, which is more than predicted and guess what, UK CCL is going up. I think I should resign.

T: What are your thoughts on what might happen to CCL when the us opens?

On the verge of selling all my CCL before they go down the pan completely. US futures show a further fall, which may already be in the price here.

Back from our shopping trip, local town decidedly empty but no tumbleweed yet.
Starting to think I should be out of CCL before the US open maybe.

Yes T I looked on yahoo finance and was cheered. Hoorah.
Haven't you gone for that walk yet? I am about to go shopping.

Looked at OCDO chart and yes some of my better OCDO trades have been based on buying in the afternoon! However, I bought this morning (one tranche only) as I am worried about them shooting up if I don't have any. I think OCDO are starting to form an important part of my recovery portfolio. Have a good walk.

Yes, I am watching CCL closely too. Making a massive effort to reduce my number of trades. I have bought back one tranche of OCDO though.
I hope you are right about the shorters having to close, that woyld be nice. By the way, where are you looking for CCL futures?

O: Well I AM having an affair, according to my partner, it's with IG!

T: Gino had his finger on the sell button to sell half of my CCL at 699 but Gordon wouldn't let me. Rule 8 came to mind.
Absolutely well done with your 701 purchase, I wish I could join you but feel over extended in this share at the moment.

Good Morning Brigade. Glad we have already been issued with tin hats.

O: I was a bit critical of the IG platform when I first started to use it but now I find it good. The trick is to place your commonly used shares and features (like alerts and watchlist) into the workspace. It takes a few days to get used to but I think it is worth the effort. Yes, I use the IG graphs all the time. I think T uses LSE and HL graphs maybe. Good Luck.

T: Oh dear I think I am in the do-do. My late extra purchase of CCL yesterday, well all my CCL actually, will be down greatly this morning as the slump in the US CCLshare price takes effect. I am wondering whether to set a stop loss or just wait out the bad times for however long it takes.

I meant that the missed extra 6% I think I could have made on CCL today was about what I made on 2 other share deals, in NCYT and OCDO today. Yes, it now seems to be my style to do many trades, it doesn't always work out well but I get into a pattern of trading several times on one share a day if the conditions are right. Obviously for Gino this is especially fraught when there are multiple trades to be done on other shares as well. Hence last friday 30 trades. Monday this week 16, tuesday 11, today 12. My dealer likes me!!

It is interesting that you may buy more CCL in the morning, I bought more (new money) this afternoon when they fell. I shouldn't have really. It was a gamble. It reminds me of how I used to trade i.e. by buying all the way down. I learnt that lesson expensively on CLLN so I shouldn't have done it. I suppose I have been "encouraged" by doing it twice sucessfully on OCDO, Monday and today, buying OCDO (using new money) when they went below 1200.

Yes I like to watch the Stochastic indicator to give me confidence of when to trade. I think I got it wrong on monday for two reasons (at least). Firstly I couldn't believe the incredible large range of movement in the share price so I was primed to act too quickly. The other day for example, I was increasing my MCRO holding by trading a range of only 4 to 15p. I assume you wouldn't have bothered. Secondly, something to do with that large range and fast changes affects the stochastic indicator (as I have it configured) so it isn't helping me.

Your mention of increased discipline impresses me, I assumed you didn't need any increased discipline. We all make mistakes sometimes but it would be nice to be making fewer of them.

Do you take your smartphone when you take your dog for a walk? Are you checking prices on the walk? My trading style means I would be.
Goodnight.

yes, another 6% would have been very nice. I don't really think I would have managed to do that though...at the crucial times I wasn't busy doing other things. I have computed the value in pounds of an extra 6% and it is not trivial and almost exactly matches what I made on the other "plates" today. (NCYT and OCDO{new money}). Only 3 plates, even junior waitors can manage that.
I might have to go out shopping tomorrow morning 10am onwards but will be trading intermittantly unti 1pm using my phone so am looking forward to getting more revenge on CCL (just joking)
May I ask, did youwatch CCL all morning (except your dog walk) then stop at about early afternoon and focus on OCDO?

O: No offense but the posting reads quite well with "the reasonable roofer". I like it. LOL
Lord Lee of Leeds? well any celeb etc who invests in a company and then tells people seems to me to be guilty of a crime of sorts...I think I will call it "outsider trading".
T:Yes, surprised me too about the airlines rapidly getting apparently into such difficulties, don't they keep any reserves/contingencies for such eventualities? Do they really sail this close to the wind big companies like that? I think there is a bandwagon effect of the companies all shouting for help early while the government has it's hand in it's pocket and the idea and reality of companies going to the wall is to the front of people's minds.

My shed job is advancing but slowly. Somewhat like the number f shares I have in MCRO.

Of course on top of everything else, its the pressure from BoE on big companies to cancel dividends and eliminate bonuses. OK, I understand the need for banks to hold onto liquidityy but a lot of pensions rely on dividends so there must be a knock on effect.

CCL down 15% in states. I suppose the increasing number of cases of infection in the states will depress prices obviously and CCL banks and airlines will suffer most. I rember after 911, it took US travellers a long time to feel confident about flying again. I know a recovery from the virus is a different situation but cruise and holiday bookings could take 6months to a year or more to get really going. Am I pessimistic? Yes I am.

Sold some OCDO at 1306p, happy.

Yes, I was guilty of round number fixation.....had an offer to sell OCDO but I was holding out for 1300. Supid, stupid

CCL down 10.4% in the states.
Nice increase on OCDO. MRW up 1.35% now after opening down 3%. (where I nearly bought them).
TSCO down 2.2% SNBY on par. Thought people were investing in things we need....supermarkets, but things aren't that clear.
Radio 4 programme More or Less was talking to somebody from Kantor and apparantly all supermarkets have had a 5% sale blip, bigger even than extra buying before christmas.

Gosh, when that shake came in it was like an earthquake, I would have done enormously better to have just waited 60 seconds. Your prediction was spot on with that. Congrats.
Haven't got ANY wine in the cupboard.

Wasn't clear to me that you were still holding shares, so I sold again for a small profit and just now bought back at 886 so now an additional 1.4%