DashRiprock
Experienced member
- Messages
- 1,650
- Likes
- 482
bramble for definate.
bramble for definate.
Ok man, you obviously like Bramble. I haven't read much of his posts to know what he's about.
why would you need to read them? you wrote them.
Let talk business. What is your prediction for the market tomorrow ? I haven't had much action for a few days and getting bored. As it will be friday, I think people will sell out before the weekend.
Looks like another bollox of a day where nothing is moving. My SB's are not even ranging for much more than a penny to overcome the bookie spread. Only managed to prune back a single new position for some pennies, enough for a bag of crisps.
I can't trade tomorrow, I'm waxing my crack.
What kind? Are we talking Space Raiders or Brannigan's?
Cheesy whotsits.
M&S just came out of it's recent sell off. So I am hitting it with the hope of another bag of crisps. This time will be monster munch. The bookie spread is rather high on this one.
My enhanced pruning strategy worked. It increased the activity level even in a slow moving market and made trading stock SB's much more interesting. Previously, it was just buy and hold and quite boring.
I have further formulated a fruit-picking strategy, where in the money positions at greatest risk of being completely reversed by the market are voluntarily taken out when a threat of reversal is perceived. These positions can be regarded as low hanging fruits highly susceptible to loss. By picking these fruits, some profits are realized. Additional, these fruits could be regrown at more favourable prices when the reversal continues past the original level of the fruits.
I am getting a true sense of what an edge means as my strategies allow my positions to be maintained and edged inextricably into better and better odds.
Fruit picking will increase the activity level yet further. Trading is going to be fun. I wonder what other botanical strategies await my discovery ?
Well done BJ.
Try to remember that advice from new trader about a fruit market. Together with your pruning strategy may give good results.