notanewmember Posted September 7, 2010 Author Report Share Posted September 7, 2010 Hi folks, I'm going to put this project on the back burner now. I've been busy working on an exciting new project day trading indices during the day and forex using spreadbets based on breakouts that I have already been using. An evolution if you like. There's one thing with day trading with a spread bet platform you must remember, that I have figured out. The charts are delayed by 15 minutes! So it is impossible to trade real time using them! I have developed a simple method/system just by reading the tape real time [just like Jessie Livermoore!], and trading sucessfully with it. You can therefore trade without charts, and indicators. I can't believe its taken me this time to make this discovery. I suppose if you stare at charts and numbers long enough you'll get that eureaka moment. I can't reveal the precise details as it will be a profitable way to leverage my money, but except to use a Risk/Reward ratio of 2, and positon sizing of no more than 2.5% of the pot. Link to comment Share on other sites More sharing options...
rich68 Posted September 8, 2010 Report Share Posted September 8, 2010 Good to hear you have found a working system notanewmember. I have been looking at the forex lately too and opened a demo account at tradefair. The charts seemed to be pretty useless so I have been using http://forex.tradingcharts.com instead. These seem to be realtime charts, juding by the timestamps and the prices quoted. The reading the tape method sounds interesting. Link to comment Share on other sites More sharing options...
notanewmember Posted October 15, 2010 Author Report Share Posted October 15, 2010 Thanks. --- As my time is more limited these days, I don't post as much these days - (not just trying out shorter trading timescale ideas, my partner is long term sick. and I have also taken up fishing on the weekends), I have created a very similar portfolio very recently on http://www.halifaxfantasytrader.co.uk/fantasytrader/ using the same trading system on which does all the leg work me. It even accounts for commissions. No more faffing around on excel! I am not short the market now, xuks has been stopped out (a new 4weekly low made). Never trust ANY commentator. They're all just guessing. What happened to the cardinal climax, the hindenberg omen, solar flares. It's all b*ll***s. Stick to your own indicators. How the market is the ultimate master! OK I'll try to update this on a weekly basis: 15/10/10 Link to comment Share on other sites More sharing options...
notanewmember Posted October 23, 2010 Author Report Share Posted October 23, 2010 No trades Link to comment Share on other sites More sharing options...
Member100 Posted October 24, 2010 Report Share Posted October 24, 2010 Any thoughts of taking profits on that nice Silver position? Link to comment Share on other sites More sharing options...
notanewmember Posted November 7, 2010 Author Report Share Posted November 7, 2010 Sobs. My HBOS fantasy trader appears to be corrupt, and I lost the account (did someone hack into it?). I'll have to start again on monday from £10,000. No not taking any profits until there is a new 4-weekly low. A good trend before a heavy correction i've noticed may rise 5x. Maybe we'll see $125/oz silver in 2011. AGQ, PHAG, Long ETF FTSEx2, OMI, NTVA have been fantastic. All hail Ben Bernanke. "Everybody Ought to be Rich". Link to comment Share on other sites More sharing options...
notanewmember Posted November 7, 2010 Author Report Share Posted November 7, 2010 Heres a tribute picture to our great wealth creator. More http://www.time.com/time/photogallery/0,29...2013194,00.html Link to comment Share on other sites More sharing options...
notanewmember Posted November 12, 2010 Author Report Share Posted November 12, 2010 Start again from fresh. £10,000. All bought this week Link to comment Share on other sites More sharing options...
notanewmember Posted November 19, 2010 Author Report Share Posted November 19, 2010 Week 2 Added some more new stocks this week, not sold any. Link to comment Share on other sites More sharing options...
notanewmember Posted November 26, 2010 Author Report Share Posted November 26, 2010 Week 3 no trades Link to comment Share on other sites More sharing options...
notanewmember Posted December 3, 2010 Author Report Share Posted December 3, 2010 Week 4 no trades, "steady as she goes" growth. Link to comment Share on other sites More sharing options...
notanewmember Posted December 10, 2010 Author Report Share Posted December 10, 2010 Week 5 no trades. Nothing catching my eye to buy and add. Link to comment Share on other sites More sharing options...
notanewmember Posted December 17, 2010 Author Report Share Posted December 17, 2010 5% return in 6 weeks. Not bad work. Link to comment Share on other sites More sharing options...
notanewmember Posted December 17, 2010 Author Report Share Posted December 17, 2010 These are funny.... Trader Vs Ireland From: Why you want to be a trader From: Life in FX trading From: Link to comment Share on other sites More sharing options...
notanewmember Posted December 24, 2010 Author Report Share Posted December 24, 2010 week 7 Link to comment Share on other sites More sharing options...
notanewmember Posted January 1, 2011 Author Report Share Posted January 1, 2011 Link to comment Share on other sites More sharing options...
notanewmember Posted January 3, 2011 Author Report Share Posted January 3, 2011 I just noticed that some of the stocks were valued "0" in the last update. E.g. Severn Trent. Today in the UK, it is a bank holiday Monday, and the markets are closed. A re-check of the portfolio, and the bug has disappeared. The portfolio is up 11.11% in 8 weeks. --- A quick comment; the FTSE is in a uptrend, making a new breakout two weeks ago; so staying long. Pretty happy at the progress made, and still have 40% in cash. All portfolio snapshots are kept here http://www.illuminatedcapital.blogspot.com/ Link to comment Share on other sites More sharing options...
notanewmember Posted January 8, 2011 Author Report Share Posted January 8, 2011 Link to comment Share on other sites More sharing options...
notanewmember Posted January 14, 2011 Author Report Share Posted January 14, 2011 Week 10 Got rid of the non performing utility companies Link to comment Share on other sites More sharing options...
notanewmember Posted January 21, 2011 Author Report Share Posted January 21, 2011 The markets have had some sizeable falls, on Wednesaday and Thursday, and a rally today as a reprieve. Will this be the first of many shock tests this portfolio has to endure over the next few weeks? Link to comment Share on other sites More sharing options...
notanewmember Posted January 25, 2011 Author Report Share Posted January 25, 2011 A few observations. 1. Goldseek radio (GSR) have introduced a new x-list Exploder stock list, which comprises of mostly penny stocks to which Chris Waltzek admitted. This very similar to what picks I have (UK picks http://illuminatedcapital.blogspot.com/ ). I have no subscription to the x-list Exploder list ; http://radio.goldseek.com/ It has been so successful in the last 6 months "no back testing is needed", it seems next weeks GSR podcast "may be the last". After "letters" and call ins - 21st Jan 2011 2. Small caps are in a new bull trend - how long this will last I do not know. AIM All share small cap index (UK) http://bigcharts.marketwatch.com/charts/bi...&mocktick=1 3. Why is gold correcting in the first quarter, a time when gold should be strong? Don't know. It is possible, there's profit taking and puting funds into gold stocks which have been largely lagging. 4. Why are small caps in general going up? GSR states IT, Biotech, mining are going up. Perhaps as people move away or been hit hard by capital investments in real estate, and small investment in smallcaps are much more an affordable option. Originally posted here: http://www.greenenergyinvestors.com/index.php?showtopic=9343 Link to comment Share on other sites More sharing options...
notanewmember Posted January 29, 2011 Author Report Share Posted January 29, 2011 Ouch a painful week! A correction in the markets, or a trend reversal? I'll be busy re-evaluating each position over the weekend to see if any have made new 4week lows. Link to comment Share on other sites More sharing options...
notanewmember Posted February 6, 2011 Author Report Share Posted February 6, 2011 Link to comment Share on other sites More sharing options...
notanewmember Posted January 17, 2013 Author Report Share Posted January 17, 2013 Ah I found my old thread! I now continue the blog here, halifax fantasy trader was useless at displaying the correct prices; http://illuminatedca...erformance.html Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2013 Report Share Posted January 17, 2013 notanewmeber Do you want the missing M back in the title ? Link to comment Share on other sites More sharing options...
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