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thats it for me, just got dream fill at 24.50 on that last bunch...overall up 5% in a morning on that name so quit while you're ahead seems sensible option
These banks are lairy, been in RBS long at 24.30 out at 25, back in at 24.20 stopped out at 23.90 back in at 23.70.....really got to be on the ball if your trading them at the moment!
You must be buying a LOT of them to be making with such small moves?
You must be buying a LOT of them to be making with such small moves?
They are small moves penny wise, but it is a percentage game!!
5% on what ever you have to risk, in a morning, is a decent return regardless of size......infact on my normal trade size these bank plays have been very conservative, but just shy of 100k before lunch is alright
Well I'm not far off my target for the year already. Up £32.65. That was long GBP/EUR. Currently long RBS with a stop at 23.3. Probably get hit but it's only going to cost me a fiver.
company i work for , start the day off at around £2.40 per share , peaked yesterday at £2.95 , buy 1st thing in the morning 1000 shares offload at about 3pm at £2.73 nice profit £330 quid for a days work , started again this morning at £2.61 per share, on lunch now at £2.79
They're Fibonacci technical levels, with set % changes. Some argue that they're self fulfilling because everybody uses them to find ranges, but whatever the cause/effect, they're essential if you're going to spot trends or set stop-out or profit-taking levels.
They're Fibonacci technical levels, with set % changes. Some argue that they're self fulfilling because everybody uses them to find ranges, but whatever the cause/effect, they're essential if you're going to spot trends or set stop-out or profit-taking levels.
Yup, seem to work pretty well, the 5150 i quoted is actually 5151.40....and todays high price before we reversed 5151.24....pretty accurate.....i use them just as areas to take note and be ready to act as well as targets and on some occasions stops....
company i work for , start the day off at around £2.40 per share , peaked yesterday at £2.95 , buy 1st thing in the morning 1000 shares offload at about 3pm at £2.73 nice profit £330 quid for a days work , started again this morning at £2.61 per share, on lunch now at £2.79
I just buy what I think are good investments, pretty much always with a divi and strong balance sheet. Probably much the same as yourself.
Yeah pretty much so. I think I have just been very lucky over they years as I have only ever had a few shares which are now down on what I paid for them the worst being Eurotunnel and Madisons Coffee (now Richoux). Had a lot of shares in utilities as I was in the industry and did SIPS and sharesaves for 25 years most of which I still hold and get an excellent divi from.