Member Info for tipperdave

On the subject of stop losses; My personal take on them is that I place them when I have a decent profit buffer in a given share and try to set them outside of the potential intraday retrace. This can be tricky especially when there is volatility in the share and or the market in general. Another way to approach this is invest in companies with good mid to long term potential, if the fundamentals are sound then the retrace (hopefully) will be limited before new investors arrive to push the sp up again. A case in point would be JLP, I am in from 11p and considered taking profit on the initial rise above 20p but decided to hold fully appreciating a retrace could be possible. I decided in this case not to set a stop loss as my investment was not short term and I had a decent profit buffer , the retrace happened and I held. As you may appreciate today we are in the 20p zone again. Some may consider fortune favoured me here but I was prepared to take a hit on my profit for the longer term goal, as it transpired I did o.k (up to now). This particular startegy obviously doesn't apply to all investments but if you are in a well researched share for at least the medium term and have said profit buffer then it is a good test of nerves! :-) regards Dave

I was always reluctant to look at financials initially but stick at it and it does get easier. Of course it helps if you have a professional 'bean counter' to assist (eh Spacey;-) ) Thisismoney.co.uk can be helpful (look up the company and go to financials and fundamentals). Dig, dig, dig and eventually you will formulate an opinion, backed these up with historical RNS releases and links posted on LSE/iii/ADVFN and don't forget to make notes unless you have a photographic memory!! :-) regards Dave

Obviously Spacey's comments are bang on (evening Steeeeven!), I would add that relying on info from the boards sometimes proves to be less than accurate (always check info with websites/RNS info etc) Sometimes it may also pay to see where certain names are visiting/posting, who knows they may be on to something! :-) regards Dave Steve, will bell you tomorrow as Joanna is away with work so I won't get nagged due to lack of attention given!

seems like a lot of typing for "strong buy" LOL!!! :0) regards Dave

–adjective 1. consisting of, indicating, or involving two. 2. Mathematics. a. of or pertaining to a system of numerical notation to the base 2, in which each place of a number, expressed as 0 or 1, corresponds to a power of 2. The decimal number 58 appears as 111010 in binary notation, since 58 = 1 × 25 + 1 × 24 + 1 × 23 + 0 × 22 + 1 × 21 + 0 × 20. b. of or pertaining to the digits or numbers used in binary notation. c. of or pertaining to a binary system. d. (of an operation) assigning a third quantity to two given quantities, as in the addition of two numbers. regards Dave

"Live long and prosper" is a nice thought but my binary is terrible! :0) regards Dave

No dogging for me but I have been stroking some very old bottles of Port in Wadham College Oxford. Mmmmm Port regards Dave

Good evening, I have calculated that holding a single share in various stocks should not have lost you millions plus you are fibbing anyway ;-) regards Dave

Noticed EO, It might just contine as well! I'll send Matt a 'with deepest sympathy' card! lol regards Slightly richer today Oxfordshire

Well said that man! I would like this to continue for a while so that I can auction 'that' suit on Ebay and buy another share :-) (or half at least lol) JLP did o.k, I expect Mrs T will be happy! regards Dave

I think quite a few people have topped up along the way, my only top up limitation is available funds, @rse! regards Dave p.s hope you held on to those JLP shares!

EXACTLY!!!! regards Dave

May I ask why you bought into this share? If your reason for investment here is solid why would boredom be an issue? It will be interesting to hear your reasons :-) regards Dave

It is now! :-) LOL regards Dave

Of course, I hadn't considered anyone else!! :-) regards Dave

LMAO, Great one!! regards Dave

Nice use of the 1000th!! Premium chat would also be half decent if they added up to date s.p info but Fraser thinks that might be in the pipeline! regards Dave

I see Norby is having a senior outburst of Tourettes again!! :-) Evening mate, you C**T regards Dave

Your post at 20:37 says it all mate! :-) regards Dave p.s Use your imminent 1000th post wisely, I (on the other hand) p1ssed mine against the wall!! LOL

Some of my more recent posts may help also! ;-) regards Dave