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Oakey said:
REM continues to soar, regret not buying more when it was at 0.45 a month or so back 
I decided to get out today, but I have been in since last September so just over 20% profit.With hindsight I wish I had averaged down when it was at 0.45, but I lost a lot of faith over the year and didn't want to put any more money in.
texasjohn said:
Oakey said:
REM continues to soar, regret not buying more when it was at 0.45 a month or so back
I decided to get out today, but I have been in since last September so just over 20% profit.With hindsight I wish I had averaged down when it was at 0.45, but I lost a lot of faith over the year and didn't want to put any more money in.
I would have thought you bought around 80p in Sept giving you around 100%
I was very new to it all at the time, I'd done well on ABG from 113p to about 180p over the previous two months and thought I'd give AIM a go. I think REM was only the second or third stock I bought into.
I'd like to think I can spot the spikes a little better now.
Of course, I'd have been better off just staying in ABG, which went to 320p in Q1 2014. Hindsight is no use though!
I'd like to think I can spot the spikes a little better now.
Of course, I'd have been better off just staying in ABG, which went to 320p in Q1 2014. Hindsight is no use though!
twinturboz said:
Don't usually buy Aim shares but plus500 seems to have fallen quite a bit in the last 2 sessions. Bought a bit for the oversold bounce play.
I was looking at PLUS, but my QPP did not make my limit sell to loose up some money.(in the share game) In real life I do not trade UK shares due to the time difference. (and being a bit out of touch)
I have a question re AIM
Do you think AIM shares have support levels
jeff m2 said:
Do you think AIM shares have support levels
I haven't really traded a lot of Aim stocks so in practice I don't know how tradable they are, maybe someone else can give you a better insight, but in theory imo every stock has support and resistance levels. You probably already know the fundamental reasons and trading phycology behind support and resistance levels so it's just trying to figure out how significant those level are i.e how long has it traded there, what's the volume like in that area etc. Specifically with Plus there's a few easily identifiable support and resistance levels on the 1 year chart.
I only took a trade in this today because the set up seemed good to me, got long more or less around the gap fill with the rsi showing oversold, but having said that yesterday's down day was on increased volume and today the bounce is light in volume so I'll be trailing my stops up with the price and will probably trim the position at around 430p.
Another cracking RNS from LGO today. And large rumours circulating about an imminent sales contract for STGR. That, and its almost reached the level to buy back in at MSMN. All good.
Out of the three, I think I will be in LGO for the next several years. Neil Ritson is doing a spectacular job.
If only all trades were as smooth as the plus500 trade, sold most at 430 kept a bit to see if it pushes to 464ish on the next run up today. An 18% gain is too much of a gift not to take most off the table, probably gets to 550 longer term but wasn't part of the trading plan and I'm not willing to sit in a stock I don't particularly know too well to find out if it gets there, even if 20% is institutionally held.
Apple on the other side had a nice pop after hours yesterday and seems to be continuing a bit premarket think that $100 comes up real soon.
Apple on the other side had a nice pop after hours yesterday and seems to be continuing a bit premarket think that $100 comes up real soon.
twinturboz said:
I haven't really traded a lot of Aim stocks so in practice I don't know how tradable they are, maybe someone else can give you a better insight, but in theory imo every stock has support and resistance levels. You probably already know the fundamental reasons and trading phycology behind support and resistance levels so it's just trying to figure out how significant those level are i.e how long has it traded there, what's the volume like in that area etc.
Specifically with Plus there's a few easily identifiable support and resistance levels on the 1 year chart.
I only took a trade in this today because the set up seemed good to me, got long more or less around the gap fill with the rsi showing oversold, but having said that yesterday's down day was on increased volume and today the bounce is light in volume so I'll be trailing my stops up with the price and will probably trim the position at around 430p.
Not being funny but what does your second para mean in English? Sorry it's late and I'm knackered and I really was wondering; I find it fascinating. Thanks! RSpecifically with Plus there's a few easily identifiable support and resistance levels on the 1 year chart.
I only took a trade in this today because the set up seemed good to me, got long more or less around the gap fill with the rsi showing oversold, but having said that yesterday's down day was on increased volume and today the bounce is light in volume so I'll be trailing my stops up with the price and will probably trim the position at around 430p.
RichS said:
twinturboz said:
I haven't really traded a lot of Aim stocks so in practice I don't know how tradable they are, maybe someone else can give you a better insight, but in theory imo every stock has support and resistance levels. You probably already know the fundamental reasons and trading phycology behind support and resistance levels so it's just trying to figure out how significant those level are i.e how long has it traded there, what's the volume like in that area etc.
Specifically with Plus there's a few easily identifiable support and resistance levels on the 1 year chart.
I only took a trade in this today because the set up seemed good to me, got long more or less around the gap fill with the rsi showing oversold, but having said that yesterday's down day was on increased volume and today the bounce is light in volume so I'll be trailing my stops up with the price and will probably trim the position at around 430p.
Not being funny but what does your second para mean in English? Sorry it's late and I'm knackered and I really was wondering; I find it fascinating. Thanks! RSpecifically with Plus there's a few easily identifiable support and resistance levels on the 1 year chart.
I only took a trade in this today because the set up seemed good to me, got long more or less around the gap fill with the rsi showing oversold, but having said that yesterday's down day was on increased volume and today the bounce is light in volume so I'll be trailing my stops up with the price and will probably trim the position at around 430p.
He is having trouble finding natural support and resistant levels (where the stock is likely to stop going down, and where it is likely to stop going up). He bought some stock around a point at which the stock had gapped (opened lower than it closed) and the Relative strength index showed it to be oversold. However, yesterdays move lower was on a day when there were lots of trades, and the up day was on far less volume, so he'll put in a trailing stop loss and follow the stock upwards. When it gets to 430p he'll book some profits and sell part of his holding.
Mahogany said:
Anyone have any thoughts on where Barclays is going?
I'm just looking at these as well. Reports seem to be half the people saying buy and half neutral. I had a few not the long ago when they were 300 and above.The only thing which worries is me the investment bank - I think it makes a huge percentage of Barclays profit and a large proportion of that profit comes from a small number of clients (about 1000). If something spooks those guys then Barclays profits will nose dive. Not sure of the ramifications of this DarkNet issue which is hounding them at the moment. Having said that they seem to be under valued in my eyes.
Just chewing over whether to go big on the assumption that there may be a short term wobble but a long term climb?
Anyone else any thoughts?
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