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  1. Mo06

    The Truth About Trading!

    "Conclusion: profitable trading is hard, not easy." I never said it was easy. I said making money is easy - ie making a profitable trade. Any fool can do that. The tricky bit is doing it month in, month out.
  2. Mo06

    trading options

    You bought an option - is it a call or a put ? It's... er... important...
  3. Mo06

    The Truth About Trading!

    Making money trading is easy..... very easy... It's keeping it which is hard, REALLY hard in fact.
  4. Mo06

    Diary of an LSE stock trader

    Trading Summary Week Ended 9th June 2017 14 Stock Trades: 7 AAL + 241 BPS. 2 GLEN + 34 BPS. 5 RIO + 86 BPS. 4 long trades + 84 BPS 10 short trades + 277 BPS. 9 intra-day trades + 277 BPS. 5 multi-day trades + 84 BPS. Stocks net + 361 BPS. Return on account for the week + 3.72 % net. P:L...
  5. Mo06

    Diary of an LSE stock trader

    Trading Summary Week Ended 2nd June 2017 6 Stock Trades: 1 GLEN + 11 BPS. 5 RIO + 73 BPS. 5 long trades + 75 BPS 1 short trade + 9 BPS. 4 intra-day trades + 67 BPS. 2 multi-day trades + 17 BPS. Stocks net + 84 BPS. Return on account for the week + 0.90 % net. P:L ratio N/A. Days traded: 3...
  6. Mo06

    If you bought $100 of bitcoin 7 years ago, you'd be sitting on $75 million now

    'Or it might be the opposite: I purchased bitcoins at +$ 2,500 and now they are worthless.' 'The "Positive Argument" is that in 10 years there will be another thread reminding us that once upon a time a long time ago "an entire whole Bitcoin" could have been purchased for as little as $2,500.'...
  7. Mo06

    When Will Bitcoin Hit $3,000?

    How can Bitcoin have intrinsic value ?
  8. Mo06

    If you bought Bitcoin on Friday, you have lost almost 28%

    I guess if one tulip bulb could buy a house in Amsterdam, then anything is possible...
  9. Mo06

    If you bought Bitcoin on Friday, you have lost almost 28%

    I posted this on another forum yesterday: Bitcoin.... the day after it hits $2800... I receive an e-mail with this the headline: 'Time to take Bitcoin seriously....' Was that the top ......?
  10. Mo06

    Diary of an LSE stock trader

    Trading Summary Week Ended 26th May 2017 14 Stock Trades: 1 AAL + 16 BPS. 4 BLT + 199 BPS. 3 GLEN + 49 BPS. 6 RIO + 350 BPS. 12 long trades + 583 BPS. 2 short trades + 31 BPS. 10 intra-day trades + 257 BPS. 4 multi-day trades + 357 BPS. Stocks net + 614 BPS. Return on account for the week +...
  11. Mo06

    Can you short these coins against the USD?

    There are ETFs which short the gold price, is there a bitcoin equivalent ?
  12. Mo06

    Diary of an LSE stock trader

    Trading Summary Week Ended 19th May 2017 15 Stock Trades: 2 AAL + 89 BPS. 1 BLT + 2 BPS. 6 GLEN + 101 BPS. 6 RIO - 5 BPS. 6 long trades + 131 BPS. 9 short trades + 56 BPS. 11 intra-day trades + 160 BPS. 3 multi-day trades + 27 BPS. Stocks net + 187 BPS. Return on account for the week + 1.91...
  13. Mo06

    Rent an office or trade from home?

    I don't think that trading in a McDonalds or internet cafe would be possible for most traders.... if you have say, four large screens, I think they might object.... Also maybe a shortage of mains power outlets.
  14. Mo06

    Rent an office or trade from home?

    Interesting thread. I reckon it very much depends on the individual - I trade from home but have thought about the rented office in the past. I think as far as a rented office with other traders goes, advantages are: Have a chat with others during slack periods. Gets you out of the home, so...
  15. Mo06

    Diary of an LSE stock trader

    Trading Summary Week Ended 12th May 2017 13 Stock Trades: 1 AAL + 14 BPS. 4 BLT + 70 BPS. 4 GLEN + 51 BPS. 4 RIO + 48 BPS. 4 long trades + 70 BPS. 9 short trades + 113 BPS. 9 intra-day trades + 114 BPS. 4 multi-day trades + 69 BPS Stocks net + 183 BPS. Return on account for the week + 1.86 %...
  16. Mo06

    Buying first house at 22 thanks to bitcoin

    "rural America can be very nice and cheap too." I know that some of it is very nice, having driven across the continent years ago (Toronto to Vancouver, Seattle, San Francisco, San Diago, Las Vegas, Denver, Chicago, Boston, Key West and back to Toronto via NYC if you are interested)... I'm in...
  17. Mo06

    Buying first house at 22 thanks to bitcoin

    There are places where you can buy a property for $75k...? Blimey, I make that less than €70,000... That would just about buy a underground parking place where I live. Well done to the guy though. Re these cryptocurrencies - I have a question: There are well over a hundred of them. Some of...
  18. Mo06

    Diary of an LSE stock trader

    Trading Summary Week Ended 5th May 2017 17 Stock Trades: 7 AAL + 399 BPS. 4 BLT + 65 BPS. 4 GLEN + 163 BPS. 2 RIO + 50 BPS. 4 long trades + 52 BPS. 13 short trades + 625 BPS. 13 intra-day trades + 585 BPS. 4 multi-day trades + 92 BPS Stocks net + 677 BPS. Return on account for the week +...
  19. Mo06

    Pros and Cons of Day Trading

    If you are in the US, you can day trade European markets during the most active first couple of hours without quitting your day job. Just a thought.
  20. Mo06

    Top Advantages of Forex Trading

    Actually I have traded forex, swing trades only and did make a few sheckels, but the idea that the retail trader can sit at his PC and compete with the big money trading the forex markets is a pipedream for most people. But the same people are lured in by the promise of huge leverage (as many...
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