Monday, 16 February 2009

Impatient Ali and the trigger finger

So i ripped my trading plan to shreds as betime I got to my desk this morning LLOY had already fallen 11pc - it looked like it was moving further downwards purely on technicals so I decided to still take a short at 57p, closed at 60p for a small loss.

During this period I decided that due to the bouncing around of the stock for so long that we were unlikely to see further falls and bought 1.1k through my share trading account with selftrade at 58p. I'm still confident the dust will settle and there is great upside potential here...

Eric Daniels - if you are reading this, stop giving my potential profits to those morons tellers who are always trying to cross sell me cr*p that I don't want!

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