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TrendFollower

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Everything posted by TrendFollower

  1. @LittleAngel, a guaranteed stop loss order guarantees to close out your trade at the price level specified, irrespective of whether the market gaps. Guaranteed stops ensure that no matter how volatile the markets, your risk will never exceed the level you have chosen. I know that IG have guaranteed stops which cost you an extra few ticks/pips in the spread. I can understand this in commodities or very volatile markets. I am not so sure on large caps (FTSE 100) or more less volatile markets.
  2. @SAE, because until you close your position it would just be a paper profit. In a very volatile market, your trade could turn from profit into loss very quickly. Also that size of the loss could be far greater than the size of your profit. Remember, a 50% close-out rule will now apply on an account basis, rather than on a position-by-position basis. The key to your question is Margin Trading as eluded by @Caseynotes above. It allows you to trade larger amounts by depositing a smaller initial outlay. When trading on margin, you only need to deposit a percentage of the full value of the trade to open a position. One must remember that with margined trading, profits and losses are based on the full value of your trade. Trading on margin can magnify gains, but it can also significantly magnify losses if the trade moves against you. As a result, it is possible that you could lose more than you deposit. This is why there is a margin requirement. I hope that makes sense.
  3. This has surpassed 82.5. I think now the next target has to be around the 87.5k area. Then we are looking at brand new highs and new higher highs.
  4. This is some interesting news that Coinsilium have released today via RNS. Coinsilium Group Limited: Strategic Partnership with the Blockchain Infrastructure Company Lition Technology AG for its US$25m Token Sale https://www.investegate.co.uk/coinsilium-group-limited--coin-/eqs/strategic-partnership-with-the-blockchain-infra---/20181003121141ETDJA/
  5. I just saw this which nicely supplements by previous post. World’s 1st blockchain university to begin teaching in 2019 https://abcnews.go.com/International/worlds-1st-blockchain-university-begin-teaching-2019/story?id=58226066
  6. I thought this would sit very nicely in this thread. CoinDesk Ranks the Top 10 US Blockchain Universities and Colleges https://www.coindesk.com/blockchain-university-rankings/
  7. @Mercury, yes I understand. Have a look at my past Dr Copper articles from a year or so ago on IG Community. Also there are years when stocks simply do not follow Copper so it is not always the case. Though I accept it has happened more years than not over the past 10-20 years. However, there have been years in that period when it has not happened. What we do not know is whether it is one of those periods now when it does not happen?
  8. Brazil 60 up nearly 3000 points at the time of writing which is just below 4%. That is not bad in one day. Add leverage and you get my point. It is trading above its 20, 50 and 100 day moving averages which is a positive sign. There is a risk that it resumes downwards but if it surpasses 82.5k then the long term trend could be set for its next leg upwards.
  9. @Mercury, it is possible that Copper could continue its downwards path. That is not out of the question. An interesting one and I for one cannot even attempt to call whether Copper will break to the upside or continue its downward trend.
  10. @cryptotrader, if you look just at the price action and the charts then the long trade is on for Nat Gas. This is without even taking into account any fundamentals. Traditionally Nat Gas is very volatile and I have been burnt many years ago in the past on Nat Gas. It is one of my bogie trades! For those that enter now they must stay in until the trend reverses and not before. Any stop losses much be thought about very carefully as if they are too tight then the volatility will just stop you out. Nice spot @cryptotrader. It is normally the sort of thing I would post.
  11. Vela released the following to the market via RNS recently. Vela Technologies Update re investment in WeShop Limited https://www.investegate.co.uk/vela-technologies--vela-/rns/update-re-investment-in-weshop-limited/201810011523595824C/
  12. This was released today via an RNS. KR1 plc Investment Portfolio Update https://www.investegate.co.uk/kr1-plc--kr1-/prn/investment-portfolio-update/20181002070000P2E51/
  13. @Mercury, fair enough. I respect your views. You may well be right, who knows? The most recent drop in Bitcoin was the third or forth major drop. There will be another big one next year as well. It is how Bitcoin has reacted after the drops that tells the current story which is that the price has significantly increased compared to the previous drop. History tells us that Gold will move up as Brexit gets nearer and then possibly even slightly after. However, as they say, history does not guarantee future performance. $1175 is the key area, Gold must stay above this.
  14. Interesting. I think Gold needs to stay above $1200. I fear that Gold may go back and test the $1175 area before any move up materialises. I am not a Gold fan and have not been over the past eight years. Just look at the chart from 2010 to 2018. If Gold does not move up significantly after Brexit then it will conclude the story for me. I am very interested in seeing which performs better during the build up to Brexit and after Brexit, Gold or Bitcoin?
  15. I invested in Supergroup around over five to six years ago. I can't remember exactly when but the trend was immense. I just caught the trend (the big chunky middle bit of it). I have just had a quick look at the five year chart on the London Stock Exchange and it looks pretty grim if you ask me. I would want to wait for a trend to the upside to emerge before jumping in. This is in case it continues to go down. Also fashion changes. If SuperDry customers decide to switch to another brand because that is the latest trend and fashion then it could affect the revenue and profit figures going forward. I would monitor the price action and let that help you come to a decision.
  16. Japan is leading the way in using blockchain for payment transfers. This is real and is happening now. The article below highlights this very nicely. Japanese banks to offer instant money transfers using blockchain https://www.ft.com/content/1a632afc-c35d-11e8-95b1-d36dfef1b89a
  17. I am not a huge fan of Litecoin but I do trade it because generally cryptos move together and it is cheaper and more cost effective during such bull moves to trade Litecoin ahead of say Bitcoin. The article below is interesting: Litecoin: Why I Like It https://seekingalpha.com/article/4204569-litecoin-like For those of who you not familiar with Litecoin then their website may help to give you some sort of idea. I have provided the link below: https://litecoin.org
  18. @cryptotrader, yes if you click on it then it opens up an enlarged version. Thanks for this. Very interesting. I think October, November and December are going to extremely interesting months for the price action of Bitcoin. You post above infers the same and certainly implies that a sharp move is coming whether that be up or down!
  19. @PandaFace, two that I have read are as below: Elon Musk: How the Billionaire CEO of SpaceX and Tesla is Shaping our Future Elon Musk: The Life, Lessons & Rules For Success You are right there are several and some of the books I have not read may be far better than above. I suppose it is a personal opinion on which of his books you want to read or would prefer to read over others.
  20. Ripple's chart seems to be behaving slightly different to the likes of Bitcoin, Ether, Litecoin, Bitcoin Gold and Stellar. There could be several factors for this and below are just some of my thoughts (thinking out aloud): More positive news on Ripple recently More positive news expected in the near future for Ripple Ripple is cheaper to physically purchase than the likes of Bitcoin Ripple is the only centralised option which differs to the decentralised options (investors and traders may think Ripple may fill the gap before eventually arriving at the decentralised option) Traders finding trading Ripple cheaper than the likes of Bitcoin due to margin requirements Traders and investors alike may feel that there is more growth to come from the likes of Ripple than Bitcoin due to the partnerships that Ripple is involved in These are just some thoughts and it may be that Ripple ends up being the worst performing crypto over the next 12 months but it is certainly leading the race at the moment out of the big five in terms of performance. If anyone else has any other views they wish to share or has any other insight on Ripple then please do post them here.
  21. @Caseynotes, $20m fine to Elon Musk who is I think is in the top 50 richest people on the planet, is the equivalent of a £20.00 fine to normal people. I think he is worth around $19 Billion! People forget he was the Co-Founder of PayPal which he sold to eBay for around $1.5 Billion. He also has other business interests like SpaceX and in the Artificial Intelligence (AI) area. Have you read the book on Elon Musk? A very interesting read. He is in an extremely creative individual but that has flip sides to his personality as well. I won't give too much away but worth a read if you are interested in Elon Musk and his background and story.
  22. I think Gold and Silver are facing some very important times in the next six months or so. Brexit should in theory see a shift of capital into precious metals. The reason being the economic uncertainty it may create at least in the short term. I would love to see this change and that very same capital move into cryptocurrencies like Bitcoin instead. The price action and behaviour of precious metals like Gold and Silver against cryptocurrencies like Bitcoin will be very interesting during this very same period.
  23. @cryptotrader, companies listed on the NEX Exchange are mostly high growth companies. Coinsilium and KR1 (formerly Kryptonite1 PLC) both are listed on the NEX Exchange and operate in the Blockchain and Token arena. This is an extremely high risk area but also at the same time a very exciting area. Especially for those who are seriously interested in this space. I accept it is not for everyone but these two companies are worth keeping an eye on if you are interested in this space. I am making an assumption that you may be based on @cryptotrader profile name.
  24. @Caseynotes, very interesting. One very important point for people to remember is that small individual traders or investors do not move the price. It is institutional buying and selling that moves the price in any direction on a significant level. That's why on AIM where those companies that have large institutional shareholder base which equate to a fairly large percentage of share ownership, I have known investors and traders, to short such companies as these institutional companies will have to sell at some point to realise profit / loss for the year. This goes towards their performance and returns figures which they have strict objectives and targets to try and meet. I must add that there is risk in such a strategy as if the company is doing rather well, these institutions may keep adding to their position after any selling, making shorting an extremely tricky position.
  25. Coinsilium today posted its half year unaudited interim results. I have posted the link below. https://www.coinsilium.com/reading-room/press-releases/519-unaudited-interim-results
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