Member Info for SadAct

Good posting Treacle. You have said it before but keep repeating it, that way I must take notice and improve my own trading. I already have since following your system. I remember the Owls poster, he posted at the end of a week that more or less a straight upward trend and he pointed out how much he was ahead at the end of the week by doing nothing. That week he was right but it isn't always like that, in fact it isn't often like that. This week I have managed to make gains on downward trends (as well as upward ones). Sadly downwar tends are more common so we are getting plenty of practise...and we know what practise makes? Well, certainly not perfect but way above average.

I am almost ashamed to admit that my bookkeeping is a shambles, previously before using your system I knew exactly how much profit (or loss) I was making after each disposal. Now, by heck, I am all the place. My occaisional buys and sells (off the treacle system piste) produce profit which I can account for but I still haven't found an obvious way for me to account for share numbers going up and down. I have an idea of what I might do and will try it before the new tax year.

Good luck Brigade for tomorrow.

Have been looking at the shares that went ex divi today, including Hammerson (divi of 13.7%), MGGT 5.%, both dropped by there divi "amount" but CNC, divi only 2.27% actually took it on the chin and actually bit it, shook it about and threw it aside and the price went up. Impressive.
A lot of my previous share trading has centred on what I can only describe as "dividend play", investing late into a share slightly before a general rise before ex divi day, selling a share that is about to go high percentage ex divi immediately before it goes ex divi, buying/selling a share on the ex divi day itself depending on past performance on it's ex divi day etc etc. It strikes me that at the moment the effect of a share going ex divi is possibly smaller than back before these turbulant times.Just thinking.

Have been trying to give some thought to a fantasy portfolio of recovery shares, say 5, that are most likely to recover quickly and strongly when we get this virus behind us. Maybe this is not a fantasy, I will want to have them. One obvious candidate is OCDO. Any other suggestions and reasons greatly accepted.

Bought a second tranche of OCDO late on at 1425p so have rather a lot of shares at what seems like a highish price.
Also I sold MCRO today and mssed a chance to buy back 3.2% more shares. Doh. So I am not ready for your expected surge on MCRO tomorrow, T.
OCDO, 4.3% + 1.3% +2.4% more shares today, small considering sp change.
FRES 0.7% + 1.2%
PFC 1.7% + 3.7%

Made 26 trades today, the only people getting rich are the MMs, I'm sure it's not me.
Missed 3 opportunities for trading, two because I was in transit and one because I was too busy else where. (sorry T).
If anyone wants to know my percentage increases just ask, otherwise I wont bore you all with it.
I am definately a bit of a premature trader! I could probably increase my profits (and reduce losses!!) by 5% or more if only I could get the timing a bit better. My excuse for buying OCDO early on their end of day fall way that the graph had fallen off the visible part of the screen...a pathetic excuse I know. I also missed an easy obvious shake on FRES early this morning. The word amateur comes to mind.
I have a lot to say about limit trading. Something I used several times today. This applies to the IG platform and not to the ii platform (they are robbing b*stards in my view). Anyhow, when I am oblidged to use a limit buy or sell for example when I can't get a firm quote, I set the limit within the spread, not halfway but even more favourable to me, say 75% in my favour. e.g. sell 100 buy 105, I would set my limit Buy at 102 say or a sell at 103,, often this results in a message "beware, trade may be executed immediately", I accept this and maybe 50% of the time I get the trade executed at the favourable price. If it is not executed, i.e. filled, I usually cancel that order and replace the limit order slightly less in my favour (but still in the spread).

G: Sorry, misinformed you and the brigade, Bought 1355 shares in OCDO at £14.3627 at 16:02pm
I will report for the firing squad at dawn.

I had forgotten rule 1. Had to lift my head and read it off the printout above my laptop.

G: bought at 16:02pm. Paid too much, should have listened to the captain. I ALWAYS pay too much.

Treacle..... when you said..."will spike up to £14.70 ish on open to trick people into buying " did you mean "trick people into selling" ?

Bought OCDO at 1355 for 2.4% more shares

Went out this morning to a local provincial town down here on dartmoor. Quiet, some shops closed, most cafes closed, Wetherspoons(Witherspoons as I call it) removed every other table to aid people seperation. Supermarket shelves looking somewhat empty. Fewer cars on roads, Buses nearly empty. My partner's Yoga and table tennis sessions cancelled till further notice. Local events in my village hall cancelled.

What's happened to Capt Treacle? Has he gone AWOL and deserted his post? Or is there a power cut in Kent?

sold second tranche ocdo at 1481, phew
Will capt Treacle please tell me when to buy?

V: On my platform if you try to set a limit sell and a stop loss, with the same shares, it wouldn't let me, it would say insufficient stock for the second operation.

sold MCRO at 345

G: surely your 1470 limit sale has happened?

Graphs say sell ocdo but I am holding on, think the next upswing will be better

Sold ocdo second tranche at 1475 for an extra bit of profit, wanted to sell my expensive ones (bought at 1502) as well but price fell away.

sold ocdo 2nd

Did any of the Brigade sell on that 1480 spike? I was travelling at the time, an alert went off for me, should have pulled over and traded.

G: Yes, I am sometimes having to request a quote many times with IGG platform, some of my better trades today have been using limits at the moment I wanted to trade but couldn't get a quote.