Trading Update – Squeeze Strategy 15th Oct 09

I blogged yesterday about THE SQUEEZE  strategy that I was live testing.
Here follows a trading update;
Open Positions
Royal Dutch Shell Plc (currently down £10.50 or 0.1%)
Whitbread Plc (currently down £11.00 or 0.1%)
New Orders
Experian Group Plc (Buy Limit@547 – 350 shares. Stop 532, Target 578. Max Loss £52.5 Max win £108.5)
Ferrexpo Plc (Buy Limit@162 – 420 shares. [...]

Live testing a simple squeeze strategy

Finding the balance between a trading system that is totally mechanical (and hence sometimes counter-intuitive) and a system that allows an element of discretion (and hence introduces emotion into trading), is a tough balance to find.
However as a trader it is important to understand your own strengths and weaknesses, in order to find a way [...]

Lex Van Dam – How to make money trading

For those of you that follow my blog, you will probably have read my views on the TV series “Million Dollar Traders” (click here for those posts) and so I was naturally curious when I came across Lex’s book.
Retailing at £9.99 I figured it was a good trade. Lex is clearly enjoying a stint in [...]