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. [...]
Trading Update – Squeeze Strategy 15th Oct 09
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 [...]
Fidessa – Great looking technicals
Todays analysis showed that 72% of the stocks in the FTSE350 were bullish. A remarkable statistic given that FTSE100 index actually had a down day.
On stock that stuck out for me today was Fidessa (FDSA.L) (Click here for their website).
Their website can do a better job of describing what they do than I can
“Fidessa group [...]
Papering over the cracks
In my last post I talked about revisiting my trading strategy in order to develop a longer term approach to the markets.
Since then I’ve been busy researching all manner of macro-economic indicators in order to try and make sense of the economy and develop some longer term investment ideas.
Metrics such as employment numbers, GDP, CPI, RPI, house [...]
AtticFund – Re-visting my original ideas
From time to time it’s important to review your trading objectives and see how you are performing against stated objectives. From a return point of view, the AtticFund has done OK. I have returned nearly 10% in 7 months. I would have liked that to have been more (to be honest, in the current market [...]
Sainsbury’s delivers the goods
Today my Sainsburys target was hit after two days of consistent gains, booking a near 2% return for the fund (check out the AtticFund graph). The AtticFund is now 10% up – which, given my risk profile and trading activity in the last couple of months, is a pretty good return.
The AtticFund has underperformed the [...]
Right infront of my nose – Sainsbury’s PLC
Finding stocks to invest in has proven pretty difficult for me of late. I find it hard to short stocks and as such I’ve not been able to reconcile the technical analysis that I have been doing with the fundamental reality that we are still firmly entrenched in a severe economic downturn.
However my analysis tonight revealed [...]
Hunting Trip – returning home empty handed
My Buy Limit on Hunting Plc (HTG.L) was filled today and although there is a possibility that this is a pullback, the volume spike of a couple of days ago (which moved the price upwards) has not been supported by further volume increases and price action.
I’ve moved the stop up to right underneath the trade [...]
AtticManTrader goes Hunting…
My analysis this weekend suggests that sometime in the near future we are due a correction in the FTSE.
However, until such time as this becomes clear, I’m still trading in exactly the same way. Tonight I found a stock I’m interested in. The company is called Hunting plc (HTG.L). Hunting are in the Oil and [...]
It’s off to Spain for some golf
Tomorrow I take a well deserved break. I’m off to Spain for a 4 day golfing weekend.
There will be 12 of us, battling it out over 72 stableford holes to be crowned Tweksbury Champion Golfer 2009.
I’m leaving my Lonmin (LMI.L) long position open. It’s currently trading around 1500, down 60 today, but overall the position [...]
