You are browsing the archive for 2012 February.

Income Statement Rich vs. Balance Sheet Rich

Feb 7, 2012 at 11:06 am in General Trading by · Leave a Comment »

Do you ‘day trade’ for short-term profits, or do you take a longer-term view of building a spread bet portfolio? I do a bit of both, in an attempt to become ‘income statement rich’ and ‘balance sheet rich’.

by Andy

Bets You Should Have Placed in January

Feb 6, 2012 at 10:08 am in Trading Diary by Andy · Leave a Comment »

I don’t know if you noticed, but in January the markets embarked on something of a bull run. I noticed because of the positive effect on my Trading Trail portfolio, and I even read somewhere that this has been the best start to a year for eighteen years.

Trading Trail #32: Back to Break-Even

Feb 3, 2012 at 11:09 am in Trading Diary by · 5 Comments »

I’m using this week’s trading trail update to mark the point at which my model position trading account got back to break-even; which was at 10:15am this morning (3 February 2012).

Is Prediction Really Futile?

Feb 2, 2012 at 2:07 pm in General Trading by · Leave a Comment »

I have in the past suggested that trend-following traders think that it is impossible to predict the onset of a new trend, so it’s better to follow the trend once it’s started. Well, that’s what Michael Covel says in his book on ‘Trend Following’…

by City Insider

Does this Davos-Shaped Cloud have a Silver Lining?

at 1:34 pm in Market Commentary by City Insider · Leave a Comment »

AFTER looking at my bank account the other morning, I’m loathe to use the phrase “austerity Davos”. The wine was expensive, the skiing was great and the hotels were packed to the rafters. Yet I can’t help thinking that things were not quite the same as the great and the good gathered for the annual World Economic Forum in Switzerland.

Is the Trend Your Friend?

Feb 1, 2012 at 12:56 pm in Swing Trading by · Leave a Comment »

The trend following style of trading is a largely mechanical trading style; we often hear the expression The Trend Is Your Friend, but just how true is this truism?