Well it looks like round X with all the uncertainty rearing it's ugly head once again!
My portfolio is not looking pretty (IAP and SDL are terrible). Yes, I'm holding and I have not stopped out, i have broken my rules and now that they are so much below where my stop was. The problem being once you have broken your rule it becomes harder and harder to let go as you are convinced it will pick up - this is the zone that i am in at the moment and not sure how to get out... it really is a lot harder than you think (I know i am full of excuses!!!)
Thankfully on STAN i let my bet run to 690p where i got stopped out. I piled in again at 660p and I am currently long at £15 / point here as this is far far too low for such a great firm. These guys will go places and are incredibly cheap in my view... still that is what I said about IAP so take everything I say with a pinch of salt!
Lloyds is back up bouncing around the 60p mark - nice uptrend so let's see what this week brings. In the meantime i need to look for some more stocks to trade!
Blog Archive
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2009
(72)
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February
(24)
- SDL Update
- Wellstream - Buy
- Sold LloydsTSB
- Disaster Strikes
- Update on positions
- Impatient Ali and the trigger finger
- Mixed views on Lloyds
- Stockfetcher
- f&&***ked off
- LloydsTSB
- LloydsTSB - sold 99.80p
- SDL - buy @ 298p
- PFC Closed & LloydsTSB ticking higher
- Petrofac, BA moving upwards
- Summary of the day
- EURGBP Cash - LONG
- Airlines - something to watch
- Petrofac - filled 398p
- The Profitable Lone Ranger
- Petrofac LONG opened
- Day One - done
- Snow causes chaos in London
- The challenge begins
- My first post
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February
(24)
Monday, 23 February 2009
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I recommend readnig http://www.smbtraining.com/blog/ and http://traderfeed.blogspot.com, both are excellent and have tons of historical posts which are interesting and informative.
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