Member Info for Vulnax

LOL .... I wondered preaching to the (self) converted!

Thanks T ... I know what I should do just catching the highs and lows, as I seem to get in on the fall before the near bottom and sell on the rise before the top.

Next week should be fun!

All the best all

V

A - well done mate!

Another alternative to sell at a loss and trade!!!

Can you lend me a quid for a coffee mister .... :-))

T - Thanks for all the advice. I realise by not trading I am "losing" a reasonable amount each day / week ... when I got in the swing 3-4 weeks ago I managed £2k a day a couple of times a week ... Tesla on stand by ... but watching last 2 weeks or so made maybe 5-6 trades a week ( mainly buys! ) so only a few hundred quid a week... portfolio now all red as I bought too high as I got ****y ... and won't make anything unless I liquidate some loss making stock and trade!

MCRO may rise and make me a profit Monday, OCDO too by Tuesday perhaps .... probably have to hold Cine, Mars and JDW until after pubs and cinema's open for them to rise ( Marstons had a loss making financial report... ).

I'm all for the game, don't want to get up for open to stare at a red, falling screen .... and with ( all ) the illustrations of spike/shake here I will be active again!
I hope!

News is positive about travel, holidays, fairly positive on pubs / restaurants opening, and with the "build, Build, Build " Boris message on Tuesday and large stimulus package we should get a kick up the rump to move these shares back up .....

But what do I know!

Cheers all

V

L - thanks for that.
Hope you are safe and well.

I understand what you are saying about stop losses etc. and they are a (good) way to prevent losing everything / loads, although I prefer to watch the share - usually hoping for a reversal and rise. Too optimistic maybe ( many shares seem to do the opposite of what is expected following news... ).

CCL at 3700 ... in Dec 2019. I would have held as price fell to 3200 in early Feb 20, and may have considered selling late Feb as price fell further to 2400 .. LARGE LOSS. I would have possibly sold then OR left them for natural recovery to 3000 after the virus / cruises re-start.... not sure . I really do not like a paper or real loss.
Yes, I do buy more on the fall to !average down" - buying in tranches - so I can feel comfortable selling some below the original price yet above the later price ... may just be a comfort blanket but does help the mindset!

Trading will likely prove more profitable than waiting as a long term investor, indeed as can play the field maybe a couple of times a day, so the odd los covered bta couple of wins. The example on CCL you give shows what can be done .. IF the price keeps falling, so can buy back more, ( CCL took near 3 months to plummet, if I had sold at 3200 I would probably bought back in when it levelled at 2300 in early march ) followed by major fall! That's the quandary I have, and I have done that a few times here in my short trading time. Possibly too keen and watching the charts too much...

Shorting - understand it can be profitable / risky and not sure where to go / how to do it - I won't be shorting.
Spread betting - looks good but I know nothing about it so I'll leave that too!

V

PS - may ask you about chartered accountancy / training as my youngest has a MMath masters in maths and sort of fancies accountancy!
Cheers

M - sorry if I panicked you on CCL ... attempt at wry humour as I am in a sinking boat with my CCL.
It will turn out OK ... when I don't know but I need to change my strategy on some expensive CCL shares ( 1480! ) and sell / trade on spikes and shakes. Others in the 1130's may recover sooner??

Current CCL price may be a good buy in / top up, or may fall to sub 800 as some on the CCL LSE bboard say.... no sailing until 2021 ish ?

As Europe is opening up for travel / holidays in July, ( Travel Expert site says on TV news record bookings and way more searches for holidays / prices last week ) then maybe Euro cruises will kick off?

USA cruises will be well late I think with the current surges in caes.

Have fun
V

S- Misery loves company! :-) Similar styles yes, but you take more calculated risks than me, more trades for small amounts, I prefer for a reasonable amount per trade pair.

FOMO is right, I went on a buying spree as things started falling and got into Marstons, JDW, Cine again, and lots of CCL & OCDO ( too much!! ) as prices kept falling. MCRO too ... that's nearly back to purchase price!

V

T - I know you are right, I am probably too optimistic that the price will recover !! I worry I sell and price rises! If I can gauge the fall then I am more likely to do it.

I have looked this week as most of my holdings are 10 -20% down, and for some like CCL I could have sold once or twice a day and bought in 30 - 60p lower.

Anyway, ope next week is better!!

Have a good weekend all!

V

CCL doing a titanic ... 956 now...

Hi L - You spotted my 2 bad habits - I don't use stop losses, I have preferred to wait for the share price to recover, even if it's a few days / weeks. When I have done this manually half the time the price goes back up!!
Yes, if I don't sell on a loss I don't class that as a real loss ( just a paper loss until price recovers ). And yes, I am watching the loss on my dearer CCL get bigger. 35% down now... !!!

I guess it's experience and nerve - when to sell at a loss and hope to buy back in at lower price. Many a chat on here about that strategy!! I leave it to late to sell and then find I can't buy back in at a good price.
Looking at a high point for CCL and will bite the bullet on the dear CCL, and try to trade back the loss.

I'll look forward to your strategy thoughts over the weekend.

Thanks
V

Well done S. That's your target for the week?

V

Morning all.
R - yes were up a bit on open, settling again now.
Lovely weather for the time of the year .. roll on the rain!

V

Yep, I will just have to hold the dear CCL for a while, as trading a loss that size - 30%+ would take time and as we see the markets are not playing!
Could do with Wetherspoons and Ocado rising too!!!

BBC News today had mentioned progress with air corridors to/from a lot of Europe to/from UK and avoid the 2 week quarantine on return, which may help ( airlines, maybe cruises? ). Although USA new outbreaks ( esp. Florida and California ) won't help.
The quick 15 minute test T referred to earlier would be a great help too.

As long as all the people going to beaches just now don't cause a second wave - Major Incident declared in Bournemouth due to numbers !!!

It'll be fine....

V

Yeah, I have some CCL in the 1480's from a couple of weeks ago, bought ona fall ... but kept falling! I blame the icebergs...
rest are in the 1130's.

S- expecting a drop again tomorrow?

L - thanks for that CCL chart.

R - now seems a good time to get into / top up a lot of shares ... unfortunately I am out of cash thanks to OCDO and CCL !!

CCL - how low can it go! 968 just now!

Morning All,

Not a good start, nor looking good today!

V

Weird spike on CCL at 13:58 ish on HL chart .... shot vertical from 1100 to 1180 and straight back down! Possibly an error .. but looks good if you got in there!

Everything down ....

T - yep!
Bought MCRO at 451 and CCL at 1131. Both looked like the lows from the LSE charts. Gone a little lower now but expecting a rebound later!

Cheers

V