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Where are you on the Trader / Investor Spectrum? - Part 2 of 2

28/9/2015

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Some Common aspects between the Types in the Spectrum:

Well, the obvious one is that experienced and competent practitioners of each type can extract Money from the Markets - and that is what it’s all about. Many ways to skin a Moggy and all that.
All Types require discipline and calm, clear, thinking. Panic and erratic decision making will not work in any of them.
All Types need a clear Plan and defined way of working - unstructured methods will lose you money.
Careful Risk Management and Position Sizing are crucial across all Types, this may or may not involved Stoplosses - but be consistent.

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Am I suffering from Hindsight Bias? Includes a look at the Index Charts

23/9/2015

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I was just watching Channel 4 News with them going on about some or other terrible thing that is happening in the World, when something that has been playing on my mind hit me as an idea for a hopefully very quick Blog. Of course, once I actually started bashing it out (this is after starting the Netbook - coal fired, doing the Virus Scan, opening ShareScope, updating ShareScope data, opening MS Works etc. - you get the picture), I found that my very simple idea of one Chart and some words has morphed into 4 Charts and probably a shed load more narrative. To be frank, my original idea was a bit too skimpy and it clearly needed a bit more to give some sensible context for you Reader types.

This Blog is in essence about a possible Short FTSE100 Position which I considered placing on the night of Thursday 17th September 2015, when the S&P500 was screaming at me that it was a good time to put a Short on.

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Where are you on the Trader / Investor Spectrum? - Part 1 of 2

20/9/2015

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Some time ago I wrote a Blog about the differences between ‘Traders’ and ‘Investors’ as I see them - you can read it here:

http://wheeliedealer.weebly.com/blog/are-you-an-investor-or-a-trader

Anyway, recently I have been thinking about this and refining the idea in my mind and I have sort of come to the view that the Trader / Investor thing is really a ‘Spectrum’ with varying degrees of each and most of us will fit somewhere on this Spectrum.

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Chat with Avation AVAP CFO at UK Stockmarket Show 12th September 2015

15/9/2015

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THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY.

I attended the Shares Magazine driven UK Stockmarket Show in Islington at the Business Design Centre (BDC) on Saturday 12th September 2015. It was quite a small show and unfortunately there were not many Listed Companies there as possible investments, but I took the opportunity to meet lots of great people I interact with regularly on Twitter and to spend a long time with Richard Wolanski of Avation AVAP.

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Thoughts following the ‘Great Fall of China’ - Part 2

10/9/2015

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Spreadbet Cash Buffer - It is vital to have a big Cash Buffer in my Spreadbet Account - maybe I have been running it a bit tight with about 10% of my Long Exposure sat on hand. This works fine in normal times but when things get hairy it is probably too tight. 15% or even 20% might be safer and less stress.
Access to Trading Accounts - Don’t assume you can login to igIndex at any time and just put in more Cash Buffer - when things get hairy it may not be possible.

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A Critical Week ahead? A look at the Charts and Strategy

6/9/2015

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It’s that time again on a Sunday Evening when I look at the charts and try to figure out what is most likely to happen in the coming Week/Weeks. Of course there can never be any certainty about anything but I like to try and be on the side of the Most Likely Outcome - in effect I want to stack the odds on my side, but I also need to have a Contingency Plan just in case I am wrong.

Despite all the Bearish Chatter, I am still not convinced we are heading into a Sustained Bear Market. Let me be clear on this, the Definition of a Bear Market is a fall of 20% from the Peak - but in all honesty this is completely useless to us as Investors.

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Thoughts and Lessons from the ‘Great Fall of China’ - Part 1

2/9/2015

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IMPORTANT HEALTH WARNING This Blog revisit’s a very traumatic period in the Markets. If you are of a Nervous Disposition or if you suffer from any Health Maladies it might be best not to read it or at least to be sitting down and away from Sharp Objects. Alcohol may help in this case, but WheelieDealer makes no suggestions that Readers should use Booze on a regular basis (this goes for Crack Cocaine also).

Unless you are seeing this Blog some time in the distant future (do you guys still have PCs and stuff or does info just automatically appear in your Brains?), I doubt if any Readers are unaware of what happened on Monday 24th August 2015 (I am starting my first draft of this on Tuesday 25th August 2015) and it feels to me like this will become a day in Stockmarket Folklore like the ‘Wall Street Crash’ and the ‘1987 Crash’. Funnily enough, with both of those I suspect many Readers did not trade through either - but we still know all about them nonetheless.

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Where are you on the Trader / Investor Spectrum? - Part 2 of 2

Am I suffering from Hindsight Bias? Includes a look at the Index Charts

Where are you on the Trader / Investor Spectrum? - Part 1 of 2

Chat with Avation AVAP CFO at UK Stockmarket Show 12th September 2015

Thoughts following the ‘Great Fall of China’ - Part 2

A Critical Week ahead? A look at the Charts and Strategy

Thoughts and Lessons from the ‘Great Fall of China’ - Part 1

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