***LIVE TRADE***

arrowloopboy

arrowloopboy wrote: »

Just re entered the FTSE100 @ 6241.00 ,hopefully it ticks along until the seasonal santa rally materialises ,if it materialises .

FTSE currently @ 6573.00 , that's up 332 points since I re entered last Sunday night ,yummy :D:D.
Will be moving s/l over weekend to lock in some .
Mrs Arrow might just get that Michael Korrs watch from Santa after all.

ixus

Santa rally usually gains traction between now and year end as hedge funds window dress end of Q returns. Low liquidity makes it easier. Probably get some big moves in oil over the period.

Most people are done for two weeks. Myself included ( short of some newsflow over weekend).

arrowloopboy

ixus wrote: »

Santa rally usually gains traction between now and year end as hedge funds window dress end of Q returns. Low liquidity makes it easier. Probably get some big moves in oil over the period.

Most people are done for two weeks. Myself included ( short of some newsflow over weekend).

This is why ,statistically speaking ,its a great trade,that pays off most years .

For ever odd

arrowloopboy wrote: »

Mrs Arrow might just get that Michael Korrs watch from Santa after all.

Lucky you, mine is after a Omega Constellation. Keep posting 300 point winners please.

arrowloopboy

For ever odd wrote: »

Lucky you, mine is after a Omega Constellation. Keep posting 300 point winners please.

You can get a good knock off for a few hundred quid odd1;).
Just bought wall st @ 18030.00 with a s/l just behind the big round number @ 17995.00,small bet,small s/l (35pts)with a possibility of a big return .

arrowloopboy

Markets closed for Christmas , a textbook Santa rally has done the business :)Ftse @ 6610.00 , trade @ + 370 points

Happy Christmas one and all .

For ever odd

If it can break through 6630 and a daily close above it, it might have some legs. That's the level I'm watching.

Merry Christmas.

Value Hunter

arrowloopboy wrote: »

Markets closed for Christmas , a textbook Santa rally has done the business :)Ftse @ 6610.00 , trade @ + 370 points

Happy Christmas one and all .

Just curious as to how much do you guys put on a trade like this? For eeking out 5% gains it must be tens of thousands per trade to make it worthwhile no?

Or is spreadbetting a different kettle of fish altogether?

arrowloopboy

Value Hunter wrote: »

Just curious as to how much do you guys put on a trade like this? For eeking out 5% gains it must be tens of thousands per trade to make it worthwhile no?

Or is spreadbetting a different kettle of fish altogether?

Its a different kettle of fish,i haven't eeked out 5%,(that's for value investors:eek::eek::eek:) ,I've eeked out about 100% ,in theory it would be a much higher % because my entry was so good,the only part of my a/c on the line was the initial 18 point spread:D.
Read the thread from the star if your boddered ,it will give you a better grasp of the trade.

Value Hunter

arrowloopboy wrote: »

Its a different kettle of fish,i haven't eeked out 5%,(that's for value investors:eek::eek::eek:) ,I've eeked out about 100% ,in theory it would be a much higher % because my entry was so good,the only part of my a/c on the line was the initial 18 point spread:D.
Read the thread from the star if your boddered ,it will give you a better grasp of the trade.

I've been following the thread from the beginning last year, very interesting I just lack knowledge on how the mechanics of this work for such huge gains.

Entered the position at 6241

Exited at 6610.

So that's a 5.5% movement in the underlying ftse.

And the most at risk was the 18 points, or roughly 0.3% of the entry price?

But a 100% gain was made? Not being smart Arrow, like I said I just don't understand the details of how this works. Sounds like its impossible to lose!

ixus

Say the trade was €1 per point. Return was 6610 - 6241 - 18 spread ( or whatever the exit & entry cost) . 369 - 18 = €351

Risk was the the value of the stop.

It's a leveraged bet as opposed to owning underlying.

RE "impossible to lose": tight stops get whipsawed out of the market very easily. Especially in volatile markets. Just look at the intraday movements of any market in the last few weeks. Algos are designed to pick stops off.

Value Hunter wrote: »

I've been following the thread from the beginning last year, very interesting I just lack knowledge on how the mechanics of this work for such huge gains.

Entered the position at 6241

Exited at 6610.

So that's a 5.5% movement in the underlying ftse.

And the most at risk was the 18 points, or roughly 0.3% of the entry price?

But a 100% gain was made? Not being smart Arrow, like I said I just don't understand the details of how this works. Sounds like its impossible to lose!

arrowloopboy

Value Hunter wrote: »

I've been following the thread from the beginning last year, very interesting I just lack knowledge on how the mechanics of this work for such huge gains.

Entered the position at 6241

Exited at 6610.

So that's a 5.5% movement in the underlying ftse.

And the most at risk was the 18 points, or roughly 0.3% of the entry price?

But a 100% gain was made? Not being smart Arrow, like I said I just don't understand the details of how this works. Sounds like its impossible to lose!

Value,i wanted to trade the FTSE100 for a year from my entry back in Jan 14
I wanted to capture about a 10% increase in value of the Ftse 100 for the year.
Ideally ,you would buy in January and it would gradually tick up slowly but surely by the following January .
This didn't happen this year because of a number of domestic/global events.
I am currently on my 4th trade on the FTSE100 in this overall annual trade.
I am currently up about 700 points on the overall trade.

P.s ,Spread betting can be a great way to trade/invest if you know what your doing ,but if you don't ,and you disrespect the amount of leverage your afforded ,its a great way to get cleaned out .

For ever odd

For ever odd wrote: »

If it can break through 6630 and a daily close above it, it might have some legs. That's the level I'm watching.

Merry Christmas.

Closed at 6633 yesterday, and that level has been rejected currently 6568. Looking like a slippy slope to 6600

For ever odd

For ever odd wrote: »

If it can break through 6630 and a daily close above it, it might have some legs. That's the level I'm watching.

Merry Christmas.

Closed at 6633 yesterday, and that level has been rejected currently 6568. Looking like a slippy slope to 6000

arrowloopboy

Looking a wee bit nervous , s/l set @ 6540.00, or + 300 points

arrowloopboy

arrowloopboy wrote: »

Looking a wee bit nervous , s/l set @ 6540.00, or + 300 points

And out ,I'll summerise the whole trade later .

arrowloopboy

And to summerise,

I opened my trade @ 6410.00,and hoped to get about 800 points of profit for the year,with the ftse somewhere around 7200.00.Iinstead the ftse is at 6540.00 today .
that's a gain of about 2% for the year to date.
Instead of buying and holding,i closed and re opened the trade 4 times for the year .
The 4 trades resulted in +357 points,+140 points,-100 points and + 300 points, that's a total of 697 points -42 points of spread ,so a total of 655 points of profit .
I managed to eek out a 10% gain in the value of the ftse,where a buy and hold would have returned about 2%,this represents a 100% roi ,for the 10% s/l I had in mind for this trade.

Thanks for watching,

Arrow.

eeepaulo

While i have no intention to spread bet myself this is really interesting to read, thanks, my books arrived today.

arrowloopboy

eeepaulo wrote: »

While i have no intention to spread bet myself this is really interesting to read, thanks, my books arrived today.

What did you get ?

eeepaulo

arrowloopboy wrote: »

What did you get ?

The naked trader 4th ed (there is one that is aimed at spread betting but people suggested this one was better)

Mastering the trade by john carter

I already own shares, just interested to read about trading really, i already read the intelligent investor, a couple of books by lynch, and various books on buffet

ixus

Arrow. I'd be interested to hear what you learned from your years trading. The good and the bad.

Congrats on your return.

For ever odd

+1

Well done on your profit.

ulinbac

arrowloopboy wrote: »

And to summerise,

I opened my trade @ 6410.00,and hoped to get about 800 points of profit for the year,with the ftse somewhere around 7200.00.Iinstead the ftse is at 6540.00 today .
that's a gain of about 2% for the year to date.
Instead of buying and holding,i closed and re opened the trade 4 times for the year .
The 4 trades resulted in +357 points,+140 points,-100 points and + 300 points, that's a total of 697 points -42 points of spread ,so a total of 655 points of profit .
I managed to eek out a 10% gain in the value of the ftse,where a buy and hold would have returned about 2%,this represents a 100% roi ,for the 10% s/l I had in mind for this trade.

Thanks for watching,

Arrow.

Hi Arrow,

Like you I did the Santa rally. Opened at 6238 and closed at 6580

Question though. For your yearly trade do you open a DFB spreadbet or Future?

For the Santa one I did a JAN-15.

Using IGIndex and have to say, I find them very good.

My brokers name is Jeff and when he called me first I couldn't help but smaile as the "My name is Jeff" Vines were going around

arrowloopboy

ulinbac wrote: »

Hi Arrow,

Like you I did the Santa rally. Opened at 6238 and closed at 6580

Question though. For your yearly trade do you open a DFB spreadbet or Future?

For the Santa one I did a JAN-15.

Using IGIndex and have to say, I find them very good.

My brokers name is Jeff and when he called me first I couldn't help but smaile as the "My name is Jeff" Vines were going around

Hi Ulinbac,

The initial bet was an annul costing 18 points spread,the subsequent 3 were next 1/4 costing about 8 points spread each,according how far into the 1/4 I was.
I don't day trade and hence rarely use DFBs ,the FTSE costs 2 points at roll over per day ,and you can get a full annual for 18 points ,its about value:D

arrowloopboy

ixus wrote: »

Arrow. I'd be interested to hear what you learned from your years trading. The good and the bad.

Congrats on your return.

Thanks Ixus

I've learned that however much I try to talk myself into doing more ''serious'' investing ,the fact remains, that a disciplined systematic approach to trading can be much more profitable .
I feel like I had a crap year ,I grew my main acc by 14% ,with the previous 3 been over 50% ( FTSE 250 companies ).
Whats your opinion on trading v Investing ,i'm starting to form the opinion that those who can ,trade, those that can't, invest !
I'm tinkering with a passive aggressive (leveraged) system to start testing this year,i simply can't see the point in buying something in whole ,that is never lightly to drop by more than 10 or 20 % in any given year .

ixus

Trading v investing. IMHO, I agree to an extent, those that can, trade. But, you have to have the emotional & psychological capability to manage it. It really is the biggest hurdle.

I did a lot of research on behavioural finance in the past.

The greatest risk is it turns into a gambling addiction and someone can't walk away.

I'm a short term/ intra day trader but I see the value in other strategies. You really have to trade/ invest in a way that suits your personality.

For ever odd

arrowloopboy wrote: »

Thanks Ixus

I feel like I had a crap year ,I grew my main acc by 14% ,with the previous 3 been over 50% ( FTSE 250 companies ).

14% this year is nearly equivalent to the 50% in your first year. You have nearly quadrupled your account in four years.
That's good going horse.

ulinbac

arrowloopboy wrote: »

Hi Ulinbac,

The initial bet was an annul costing 18 points spread,the subsequent 3 were next 1/4 costing about 8 points spread each,according how far into the 1/4 I was.
I don't day trade and hence rarely use DFBs ,the FTSE costs 2 points at roll over per day ,and you can get a full annual for 18 points ,its about value:D

Thanks Arrow,

Think I will jump in mid January on the annual and get out before the may drop. Can see the FTSE potentially hitting 7400 this year but expecting a small drop in Jan first before entering.

14% was very good last year. A lot of the forums I go on were spouting 5% only and they are full time guys.

I moved to UK a few years ago so taking advantage of the ISA . First full year trading an account.

Think I will have 2/3 AIM companies and the same on FTSE 250 by end of year but that could change

arrowloopboy

ixus wrote: »

Trading v investing. IMHO, I agree to an extent, those that can, trade. But, you have to have the emotional & psychological capability to manage it. It really is the biggest hurdle.

I did a lot of research on behavioural finance in the past.

The greatest risk is it turns into a gambling addiction and someone can't walk away.

I'm a short term/ intra day trader but I see the value in other strategies. You really have to trade/ invest in a way that suits your personality.

I agree,its mostly about the psychology ,that's why I designed my system in a way that is semi automatic,when I buy ,theirs a pre determined s/l and also a pre determined profit taking set up ,this has been a great help .
On the Gambling front,i don't have enough time to dedicate to my trading for it to develop into a gambling problem:D.

ulinbac

arrowloopboy wrote: »

I agree,its mostly about the psychology ,that's why I designed my system in a way that is semi automatic,when I buy ,theirs a pre determined s/l and also a pre determined profit taking set up ,this has been a great help .
On the Gambling front,i don't have enough time to dedicate to my trading for it to develop into a gambling problem:D.

How do you define your profit taking Arrow? I am going to use a trailing stop loss but also reanalysis at 20% and decide whether to cash out, add or skim off the top.

Finished my trading strategy and have it down to nearly fill the excel tabs

Just finished Trading in the Zone and its tough read but good!!

Writing down notes now from it