So i spent a weekend in Amsterdam musing on my trades for the week when I knew that Barclays results were due to be out and we know that they were going to be good. I believe that the value had not been priced in so this would have been a nice 10pc gain for me and well i thought it would be nice to go long the banks for the day as they basked in BARC's glory...
well the reality was that I placed my limit orders (stupidly only 20bps ahead of the market close on Friday - yeah i was being greedy trying to lock in as much profit as possible and was not waiting for the manic buying). So the market makers screwed me on that one....
I now get into work later and miss all the nice rallies that all the banks have made this AM... so in a hunt to trade I am placing a few spreadbets just to see if i can pick up any further movement.
Im currently long on WellStream (518.0), Icap (222.0 - CLOSED at 232.0 - a potential nice range play here). Still looking for something to invest on from my selftrade account for the next couple of weeks but definetely upset about missing the boat this AM though...
Get over it ali - thats just the way it is sometimes..
About Me
- alithetrader
- London
- I decided to setup this blog finally after really wanting to share all that I have learnt as I have taken my first few baby steps into the world of trading. Having worked in the industry, read hundreds of books, attended seminars and got my hands dirty by often losing a lot of money I have reached the point where I am confident enough to share my progress with others in hope that it will aid both me and them.
No comments:
Post a Comment