Member Info for SadAct

Sold TCAP and FINALLY sold MRW, not sorry to see them go.

T: yes, watching OCDO, have some bought at 2008

By the way, we got the expected power cut yesterday at about 3.30pm but the thunderstorm never happened.

Wake up Brigade, smell the coffee.
FTSE looks like it's a bit down so that would ordinarily mean OCDO up wouldn't it?
My partner's mother's birthday today so we are travelling east for an hour and a half to socially distant visit with her. She is 93 so I guess in the "at risk" category. Anyhow, I will be offline most of the time after the first hour. Must set some optimistic limit sells.

O: I notice FXPO go ex-divi for 2.66% tomorrow, wonder how the share price will handle that, probably end the day up!
Time was a while ago, I would be chasing these divis but how times have changed. I am still stuck in MRW that I bought just before the divi. Doh.

I think I actually get a few calories just from hearing about m's breakfast. Haven't had a proper cooked breakfast for ages, I can almost smell the bacon.

Markets are all about confidence. I guess if you have the confidence that the FED will keep on stepping in with support it will feed through to market sentiment then it hopefully will become self sustaining. (Why am I still worried?....This sort of reminds me of the conditions needed for a bubble)

O: well I am as nervous as a kitten and will take any profit I can from my current holdings and try (some hope) to stay in cash.

I am not as optimistic as you T but I hope you are right.

Good Morning Brigadiers.
Looks like it may be another positive day but perhaps not as good as yesterday.
Thunderstorms are forecast for here starting around midday so I am expecting to suffer power cuts. I live in the sticks and all the electricity supplies aound here are by overhead cable and they don't like thunderstorms much.
Good luck all.

L: I repeatedly try to second guess T line. Today I sold CCL at 1390 on an uptrend that went all the way to 1463 but would have 1420 or better by following the "rules" on 10 min chart and using ema8 as the target line. Why do I keep settling for a smaller profit? Crazy.

m: I am amazed that is outrageous of IG, I can hardly believe it. Keep complaining, demand a settlement.

L: I am almost glad(sorry) to hear that you suffer from poor discipline occaisionally. It doubly surprises me as the T line system is almost designed to remove emotion.

m: sorry for delaye d response, I was up a ladder as weather is unexpectedly dry.
I have had that problem (effect) with IG but not often. I think it is them backing out of the offer at the last moment because the share price has moved too much. Surprised it doesn't happen more often really as 15 secs is a long time to hold an offer open in a fast moving market. For best results, of course, accept the offer within the first couple of seconds if you can.

m: meant to add that I like the idea of lots of little (profitable) trades on a share like IAG. It is one of my trading styles especially if you find a slightly volatile share with no stampy. As the brigade knows, I have been doing it with PLUS, until the recent setback, now hopefully behind us. Previously with FEVR and I have done a few such trades with IAG.
With PLUS I was happy to take 1% and managed it quite regularly. Requires attention though (or uextensive use of limit buys and sells)

m: The E in EMA is for exponential as opposed to simple moving average.
On IG you use "indicators", find EMA, select that then you will be offered a dialog box where you can choose which ema time period you want, which to display, what colour etc. The time period (if I understand it correctly) is the number of time periods that are used to calculate the average. So, ema 1 would simply follow the share price, ema 8 would average the last 8 time periods. By a weird convention we are using brown for ema 8, the colour of sh>>. The time period is the period your graph is set to, mine is usually 10 mins.
L, please correct me if I am in error here.

Sold CCL for a 5% profit

A: Got a feeling though that CCL missed some funding previously as it wasn't reg? in US?

Tried to sell CCL between 1390 and 1400 just after the open but without luck. These particular shares are in my ii account and it isn't so amenable to dealing as the IG platform. So I missed the chance and have been watching it ever since. Played with the idea of selling at 1385 once or twice but dithered, now I think I have missed my chance. Doh, think I will do some building work instead.

Sold FEVR at 2020, greed got satiated.

V: are you up? Have you sold FEVR? I haven't, holding out for a bit more. (technical term is greed)

Morning Brigadiers.
Read something the other day that EZJ, contary to regulations, was claiming some of their flights were full. This was to actually prevent bookings which left them liable to compensation if EZJ had to subsequently cancel a flight. The idea is to wait till more is known, i.e.allow a few flights to test the water. So EZJ being "full" is a bit over simplified.