Dear Trading Diary: While timing certainly is not everything – as the popular saying goes – it is an essential element of a successful trading career. Not so much in investing as shares are usually bought with 100% cash and many investors can withstand a
Dear Trading Diary: Question: If the Fed found it necessary to make their first rate cut in years by a mammoth 50 bps on Wednesday, and the market is expecting further large cuts every month, is this signalling a strong economy or a weak one?
Dear Trading Diary: Bingo! My Phoenix account has reached another milestone. From a humble £5,000 start it has now reached the impressive £25,000 valuation in just 17 months, making it a five-bagger. I want to point out one very important feature. That is for the
Dear Trading Diary: Another very decent week with my Tesla position zooming up by one third in just a week from $185 to $245. And my long currency positions continue base-building with higher prices looming. And my PM positions continue trading very favourably. But NatGas
Dear Trading Diary: I had a pretty decent week with a large part profit taken in Wheat (see below), full profits taken in FTSE, and huge ongoing gains in NatGas and Gold among others. I feel my swing trading mojo is back on track and
I confess the post October 27 stock rally has been a major surprise to yours truly, not so much in form or timing but in scale which has been huge. But the form of the waves off the November 2021 ATHs clearly point to it
Long time readers will know I have been a major sceptic of the plan to electrify everything on the misguided mission to outlaw fossil fuels. In fact, it has the potential to bring down economies – and many governments. My stance is not because of
Ever since I first came across the growing anxiety over the ‘climate change’ meme early this century, one of the most remarkable features has been the escalating growth of the confidence (hubris?) of our leaders to claim to be able to alter the natural trends
And especially in the Chinese markets (and also the Dow – see below). Latest data out of China appears to be dreadful and the MSM have jumped all over it with headlines such as this from the Telegraph: China faces an economic perfect storm –
Question: Do you avoid trading Sugar, Cocoa and Coffee? Is that because you ‘do not understand them’ or have no interest? Another question: If you make a good win in the market does it matter to you which market you traded? Because if it does,
Call me an unreconstructed doubting Thomas, but I have always questioned the accepted rationale behind the “Good” of Good Friday. Why was it “Good”? After all, this is the day Jesus Christ was crucified, for heaven’s sake. And this should bring into question a great
As I have been maintaining all along, the Net Zero fantasy is the pin the stock market bubble has been looking for. Shares fell very hard yesterday and with huge rises in energy bills looming, economies are on the brink of severe implosions. The Law
