Share tips thread
Discussion
dom9 said:
That's what I find 'odd' about it all... A lot of people seemed to 'know' but not many acted. My buddy (senior at a Swiss bank) organised a conference call with one of his research guys who'd apparently 'found' this... Only one other guy turned up.
People just didn't want to know.
Anyway... Setting up my own office next week so I can see me become more active on here again.
Hmmm,setting up your own office.People just didn't want to know.
Anyway... Setting up my own office next week so I can see me become more active on here again.
Well Dom,if you need any good share tips,don't hesitate to seek my advise.
Anyone following DJI ?
http://www.hl.co.uk/shares/shares-search-results/d...
I jumped in at 37p in March and they were circa £1.56 today . Seems to be some further upside with the upcoming Nasdaq listing and income stream from the new contracts .
http://www.hl.co.uk/shares/shares-search-results/d...
I jumped in at 37p in March and they were circa £1.56 today . Seems to be some further upside with the upcoming Nasdaq listing and income stream from the new contracts .
twinturboz said:
Do I think we're possibly setting up for a sharp move down in the coming weeks sure, am I shorting now ahead of the move no!. I have some levels planned wrt to the Us markets where if we lose them this week I'll go short but anything under 2040 in the Spx I'd view as a buying opportunity for a rough target of 2500 before a much larger move down.
That play above posted 14th Aug, has taken weeks to play out, it's been a grind and I'll be perfectly honest almost gave up on the shorts this Wednesday, but then that's the idea the market likes to test your patience to the limit and wash out everyone before it moves. The move coming in the next few days and weeks is all about the same, it's about washing out the weak longs and those who came late to the party after the US markets broke out. I don't know exactly how big this move is going to be initially I was thinking 5% but this may go more 10% is possible, it's also opex this week so will be some games.
But ultimately in a few weeks time when the media is screaming fear and the markets look like s
t, that will the time to buy. Gold will be a screaming buy under $1300. Edited by twinturboz on Saturday 10th September 15:34
twinturboz said:
That play above posted 14th Aug, has taken weeks to play out, it's been a grind and I'll be perfectly honest almost gave up on the shorts this Wednesday, but then that's the idea the market likes to test your patience to the limit and wash out everyone before it moves.
The move coming in the next few days and weeks is all about the same, it's about washing out the weak longs and those who came late to the party after the US markets broke out. I don't know exactly how big this move is going to be initially I was thinking 5% but this may go more 10% is possible, it's also opex this week so will be some games.
But ultimately in a few weeks time when the media is screaming fear and the markets look like st, that will the time to buy. Gold will be a screaming buy under $1300.
Are you saying shares in the UK market will fall also ?The move coming in the next few days and weeks is all about the same, it's about washing out the weak longs and those who came late to the party after the US markets broke out. I don't know exactly how big this move is going to be initially I was thinking 5% but this may go more 10% is possible, it's also opex this week so will be some games.
But ultimately in a few weeks time when the media is screaming fear and the markets look like s
t, that will the time to buy. Gold will be a screaming buy under $1300. Apologies if I'm asking the bleeding obvious.
avinalarf said:
Are you saying shares in the UK market will fall also ?
Apologies if I'm asking the bleeding obvious.
Was editing my post above but I'll stick this bit here instead. Apologies if I'm asking the bleeding obvious.
Just my opinion your trying to be a fundamental trader, a technical trader, a long term investor and a day trader all in one. You gotta decide which one you are they don't mesh, as a fundamental trader anything cheaper than fair value is a buying opportunity, and your not concerned about the day to day movement.
I'm not sure where you bought in and I have absolutely no idea what that company is or what they do so take the below with a large pinch of salt but what I see is :
In the short term a decent move up 3 bull flags and each time it's moving higher, whilst holding the recent uptrend so looks good for the short term picture, but this last move is now nearing resistance at that downtrend line.
Assuming that spike down was false if you take fibonacci lines you see this last move up is near the .786 and so you can expect it to face resistance here, coupled with a tiny bit of divergence on the %r ( last high was made on less momentum) should lead you to tighten up stops or be taking a bit off the table. Of course this all depends where you got in and that's why you can't just enter a trade anywhere on a technical basis because you need to find a decent place for your stop first.
If it moves up through that downtrend line, and really extend then that higher fib line is a potential target. Hope that makes some sense.
And yes most likely all the global markets get hit all to varying degrees but all of them should take a bit of a downturn, just like Brexit though the bounce should be sharp and quick when it comes.
Thanks TT....so I bought into ABF ( as a long term investment ) and showing a fair profit.
But I'm wondering....and this was before you posted your recent comment.....whether it had run out of steam for now and that I should take the profit and decide whether go in again at a future date.
Now you're saying the Markets will take a hit,so it's possible that I can buy the share a lot cheaper in a couple of weeks.
On Brexit the shares were circa 2700p now they are circa 3150p.
As a novice I've had a lot of good advice on here,most of it shock and horror at my lack of knowledge of how the markets work,so I'm happy to learn.
But I'm wondering....and this was before you posted your recent comment.....whether it had run out of steam for now and that I should take the profit and decide whether go in again at a future date.
Now you're saying the Markets will take a hit,so it's possible that I can buy the share a lot cheaper in a couple of weeks.
On Brexit the shares were circa 2700p now they are circa 3150p.
As a novice I've had a lot of good advice on here,most of it shock and horror at my lack of knowledge of how the markets work,so I'm happy to learn.
avinalarf said:
Thanks TT....so I bought into ABF ( as a long term investment ) and showing a fair profit.
But I'm wondering....and this was before you posted your recent comment.....whether it had run out of steam for now and that I should take the profit and decide whether go in again at a future date.
Now you're saying the Markets will take a hit,so it's possible that I can buy the share a lot cheaper in a couple of weeks.
On Brexit the shares were circa 2700p now they are circa 3150p.
As a novice I've had a lot of good advice on here,most of it shock and horror at my lack of knowledge of how the markets work,so I'm happy to learn.
What the markets may or may not do is just guess work, I don't know for certain how deep the decline will be, if it was all over yesterday ( doubt it) or if it just goes down a few % more or another 5%,10% etc. What I'm saying is you can't base your decision on what might happen.But I'm wondering....and this was before you posted your recent comment.....whether it had run out of steam for now and that I should take the profit and decide whether go in again at a future date.
Now you're saying the Markets will take a hit,so it's possible that I can buy the share a lot cheaper in a couple of weeks.
On Brexit the shares were circa 2700p now they are circa 3150p.
As a novice I've had a lot of good advice on here,most of it shock and horror at my lack of knowledge of how the markets work,so I'm happy to learn.
As a technical trader a trade in ABF for example and again I don't know your entry but lets say you entered on the break upwards of the 1st bull flag at approx 2700.
If I was entering at 2700, my stop limit would be around that last low of 2300 so I adjust my position size according to what loss I'm willing to take at 2350. I then know looking at the "pole" of the bull flag i.e from 2500-2800 is 300 points so I'd expect once the flag breaks out it should add around 300 points which gives me a target of approx 3000.
That setup and this is hindsight on the chart but that would have worked and taken you to 3000, at the point depending on your strategy either you've decided the trades over met your targets and your out, or your scaling out a 1/4 of the position and looking at the chart to see if anything has changed. You can see another bull flag is setting up and your willing to risk the profit you have for more, by now your stop is at minimum break even if not higher so your not going to lose money on this trade and you've already banked 1/4.
This time the length of the pole is from 2750 to roughly 2950 so again when that flag breaks you should get a target of around 3250 a setup that still in play as of Friday. But your now moving your stop up again making sure if this setup fails your going to lock gains.
What the rest of the market is doing is kind of irrelevant just let this setup stop you out or let it keep working and keep trailing the stop up and taking 1/4 off at each target.
That's just the way I would have traded it, a fundamental trader may look at all the fundamentals and say their target is I don't know, let's say 5000. At that point they've already bought and any move down means the share is just cheaper and so a buying opportunity.
A long term investment like you said, should mean your not concerned about any of the stuff above and your simply holding tight waiting for it to hit your fair value target, the fact that you think you can sell and buy it back cheaper is delving into trading and not investment and you shouldn't be concerned about that day to day movement.
It's a hard one I know and personally I struggle in the opposite, in that when I try to set up mid to long terms trades because I'm on the screen daily and see the moves I'm always thinking I'll get out here and buy it back cheaper in 5 mins, hours days etc, but then you have to realise at some point what strategy suits you and stick to it are you short term or long term.
Edited by twinturboz on Saturday 10th September 18:06
StangGT said:
g4ry13 said:
I did a bit of rejigging from SXX to PPC yesterday.
what was your rationale for that?PPC have good management, some digging results coming out soon + sentiment has generally turned on them.
May not work out great but there's still a lot of questions over SXX and it has gone up a lot lately.
g4ry13 said:
Reduce exposure to SXX there is uncertainty about funding + taking some profit.
PPC have good management, some digging results coming out soon + sentiment has generally turned on them.
May not work out great but there's still a lot of questions over SXX and it has gone up a lot lately.
The wait for the Sirius financing RNS is taking (what seems like) an age. Here's hoping that it'll be worth waiting for!PPC have good management, some digging results coming out soon + sentiment has generally turned on them.
May not work out great but there's still a lot of questions over SXX and it has gone up a lot lately.
I've gone into HNR recently; another company waiting for a good-news RNS to drop!
So the FTSE 100 is falling because of fears that the USA might raise interest rates. Can someone explain to me why that might happen as it seems most countries are now in love with the idea of zero or even negative interest rates. Just print a load more money and keep things ticking over for a while longer.
Can we expect interest rates to stay the same in the US and FTSE to go even higher than it has been over the next few days?
Can we expect interest rates to stay the same in the US and FTSE to go even higher than it has been over the next few days?
Joey Deacon said:
So the FTSE 100 is falling because of fears that the USA might raise interest rates. Can someone explain to me why that might happen as it seems most countries are now in love with the idea of zero or even negative interest rates. Just print a load more money and keep things ticking over for a while longer.
Can we expect interest rates to stay the same in the US and FTSE to go even higher than it has been over the next few days?
They're not in love with the idea, but it seems the easy (read lazy) way to inject some pace in a slowing economy and boost it with some cash or buy bonds, etc.. that no else wants...Can we expect interest rates to stay the same in the US and FTSE to go even higher than it has been over the next few days?
If the US raises interest rates then it will be a sign that their economy is strengthening and it gives them an opportunity to lower the rates in the future, whereas if you've lowered them and lowered them the only way you can move is up or negative... It just stagnates the economy or rather is like burning all the furniture in your house to keep it warm in winter and then start on the walls and windows, etc.. but in the end you'll have nothing left - but it will be summer so fine.. but then winter returns and you'll wonder how you got to that point.
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