Member Info for Stupmy

ND, I thought the algos are largely trend following. Would they not 'ignore' the gaps. Genuine question, so I am interested in that side of life

I entered long a little while ago and am adding/planning further adds. Down for the moment.

Chilt are you still here, do you have a view?

Of course Wackw, the market is only there to tease you to be honest. I'm still out, so it'll wham up a bit

Just from the buying and selling angle, we're looking good. I need a decent rise for b/e, and didn't add yesterday (kicking myself), bit overexposed but I think we're due some up-shift

Bot, I'm long TUI so a good bounce (past 500) would be a good thing for me. So I'm liking the idea.

I'm looking back at the chart. Some buying today brought the SP up here and a little on TUI. Unfortunately, it actually looks as if it could be the precursor to the next leg down. As ever, no-one can see the future and I'm not pretending to know it. But the chances of a further fall have increased. I don't know why as it's simply looking at buying and selling activity on charts. I don't have exposure, I could be tempted for an intraday short (small), we'll see. But if CCL is likely to come off, then my interest is mostly why and whether that might bring TUI off as I do have long exposure there. As ever only time will tell. Also some pundits are trying the sell the idea of a xmas rally followed by wider market falls early next year. I'd like the rally to be honest.

On the bright side, it's trying to stay in touch with 14p. Looking at the chart runner you'll not be unhappy with todays buy. I bought a few HBR, fingers crossed I'll get a chance at buying more tomorrow.

I've also added a bit, slightly higher than your price due to spread

Right, closed. If it rises I have my shares, if it falls back I'll re-enter on leverage so it seems to be a sensible risk management decision. There are a few other stocks looking interesting to me also.

That happened with Xcite didn't it. Didn't result in anything helpful to SH's as I recall.

Very difficult to know what to do at the moment. SP trending down but rising a little. I think we will revisit 430 or below, but don't have a huge amount of confidence. I might drop my leveraged positions which hold nice profit and hope for 430 or below to re-enter, but I'm really finding it hard to actually do it. You could argue there's a short term bullish pennant on the chart and that price might go to 450 or higher before falling back. Whatever happens. I'll not allow the leveraged positions to move into a loss

There was no obvious rush, no short squeeze so that makes sense. It was an orderly SP movement on the up and now back down. Some buyers this morning, but I'm waiting for the moment before buying any more.

So was the recent run up to around 265 actually just short covering? We discussed that it was likely linked to positive sentiment around the Rosebank decision, but I hadn't previously considered it was short covering. I guess that would explain to an extent why the price didn't hold a bit higher

robleo, juist ******* talk to me robleo. you do not have tol live that life! what's wrong with your guys?

I was open and I tried daniel,.

robleo, the 'lot of is the basic mistake' i'm doing fine. i'm not getting rich overnight, but every year, i'm getting a bit more and that bit more is starting to add up. i'm not a **** or buster. i try to avoid the stories/aim. i just go boring, boring, boring and shave a bit.

i get it that trusting good fund manageres can give a good profit. i just like to be keep it all down to me to be honest. hbr is an example (that looks good, not all do). i enter and exit based on charsts and it keeps bobbing about, up an down and each time i make money. if you held in a fund, you'd take the divis, but make nothing int growth. others, not so pretty so not interested in bull****. i'm heavily exposed to enq and it's way off for the moment.

Daniel, I don't think I know any better than anyone else. That's my edge! Utter simplicity. I'm no genious, don't need reocket science (althought I bought the book as ai"m a reader). KISS

Daniel, this is going to sound really daft now. 'I'm not a gambler' (of course I am). I have a virtual friend! Right there you're laughing at me, that I traded with over many years that paid his mortgage by trading. Subsequently stopped and moved to the horses. He worked with some sites that he shared with me and was still making money. But he quickly got banned from all bookies in his area because he was 'not behaving like an ordinary punter', it's not an exact quote, but it's what he told me and I knew him well in enough over many years to believe what he was telling me. Not my cup of tea, know nothing about horses and on the dogs I watch for one to take dump and bet on it as it's a bit lighter and has clearer focus on the job at hand. But I think you're mixing things up. Having said that if you were / are a bookie, you know about risk, laying off and daft punters. So I'm in no way belittling your knowledge experience. Often the experience of dealing in this area is more important than real knowledge to be honest.

You're still not right daniel in my view. I should add that I get charged every night for my holdings that's profit to the middle man as are the spades (spread/mismatch to the market), but I really think you're wrong. If you bet on a horse race, you put your bet down before the race, at the end of the race you either get a win or you lose the lot. This whole process allows you to watch the race, the runners and jumpers, the fillys and the muts and you can bet and alter your bet at any time during the race. What's not to like? If you lose over time, it's hard to see how you can blame anyone other than yourself. That's my view at least.

Also daniel, that's not accurate to say I'm betting against Ig. They are making their money on the spread and the fact their prices are not the true market prices. They are almost guaranteed to win because they're sell the spades to the speculators. They also win on small positions when the position goes bad and Ig have not protected it by buying/selling directly in the market. I agree they should consistently win (they don't always and bookies do to the wall sometimes), but mostly I'm not betting against them, I'm accepting that they tilt the odds a little against me. I have to accept that as it's how I get access to the market.

Daniel, I've seen the stats, what you quote isn't accurate, but it's ball park. For sure, not every trade works so I'm currently nicely down having made a mistake on the treasuries. I'm still in and will continue to trade around that and I'll either come out smelling of roses or mossie-ridden ditchwater, that's still to see.

For VOD i tried to be too clever there. I took a profit, obviously that's good, but they buyers didn't have the power to move the SP up really so the SP has now almost hit my first target area of 75p. You win some you lose some. I've been waiting for other trades which are now looking attractive or at least worth paying attention too. They'll either work or they won't.