Category Archives: Trades

Portfolio pruning

There are two holdings in my SIPP that have downward trends (defined by their 60 day moving average being below their 200 day moving average).  These are Melorio (L:MLO) and Spice (L:SPI).  Despite my belief that these are good businesses I am going to have to say goodbye to Melorio.  I have lost just over [...]
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Share Purchase – Cosalt

This week I bought a share purely because I thought it had bottomed out.
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Another great share

In my SIPP I have a variety of shares and my primary criteria for holding a share is price trend. I try not to get emotionally attached to a company as it increases the risk of holding on, even when the chart shows the share price going south. However, when I find a great company [...]
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Recent changes to my portfolio

The recent bounce from March lows is well and truly over.  Markets are generally sideways but testing the nerves of investors by bluffing a trend reversal one day and a resumption the next. I have made 3 trades since my last post. I have bought more Inland (only another £1,000) and I will continue to add as [...]
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My current favourite share….

In my portfolio I usually invest in chunks of 5% (just over £2,000).  However there is one share that dominates the portfolio at around 14%. This investment is in a little known property company called Inland PLC (INL). So far I have bought in at 10p and at 14p.  Its current share price is 17.25p.  My first [...]
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I’m out……

I sold all my holdings in equities on Friday.  I got out totally.  Nothing left.  Nada. We have enjoyed a little bit of a bounce over the last few days and I think the end is in sight.  After the next drop I will buy in again.  This is totally against my trend-following methodology but I [...]
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How good are you at reading charts?

If you think you can read charts you should try this great website.  It makes you realise just how difficult it is to consistently predict a stock’s direction.  Warning – it is adictive!
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Trade – Sold LCTY (commodities)

The oil price is continuing to fall today and is dragging the Commodity ETF LCTY down with it.  It is a real shame because I like the story of rising commodity prices (demand from China etc.) but the ETF price has fallen below my stop loss.  It should have gone sooner but I held on.  So I [...]
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Trade – bought IUKP (UK Property ETF)

I have decided to trust the trend following system and buy on a moving average cross-over.  I have been watching the UK Property ETF for some time and waiting for this signal.  Now it has happened I can’t really change my mind, can I?  The downward trend has been so clear and the reversal so [...]
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New Investment on my radar – UK Property

I have been following reports about the UK comercial property market and after much doom and gloom the first positive green shoots are being seen.  This reflects the trend in prices of IUKP – the ETF that tracks the UK property market.  After a consistent fall in prices over recent months, the 40 day moving [...]
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