Category Archives: Uncategorized

Yesterday UGL was triggered into a trade. We reviewed the position and the risk position. Today I wanted to take a slightly closer look at the trailing stop we employed to mitigate our losses should this trade go against us. One of our ironclad rules is that we never place a trade without a protective […]

So, we have had a bit of excitement today with a trade being triggered. First a quick mention about our open trade in UBT. It is continuing to trundle along. To the chart, Robin… We have been waiting for this symbol to trigger for a few days now. It is UGL which is the stock […]

The most exciting time of the week: The Weekly Round UP. Maybe not that exciting as the main markets skived off at the tail end. Ah, well, we will still take a look at all the charts, regardless. As you are aware this THEORETICAL trading exercise continues one started in my barn burner of a […]

Slow week, I guess. We have an open trade in UBT which was detailed to you on Tuesday. Today, we don’t have a trade, but I thought I would remind you of the situation with the proxy for the up move for gold, UGL. UGL is the ETF (exchange traded fund) that goes up when […]

Just a brief report today. As you may remember from the roller-coaster of a report also known as the the weekly round up, we were keeping an eye on the symbol UBT. UBT is the ETF that represents 20 year treasuries on the stock market. We use it as a proxy. The chart we looked […]

Here we are once again at the weekly round up, or as you like to call it, your favourite time of the week. This is the continuation of the theoretical trading that commenced in my book, Basic Trading: ‘A Beginner’s Guide to Trading and Investing…PROFITABLY!’ Click on this link: https://abeginnersguidetotradingandinvesting.gr8.com/offer_page.html Buy or don’t buy (thanks, […]

We have had a bit of excitement today. As you may remember, we were stopped out of GLL yesterday. GLL is the ETF that rises as Gold declines. Once that happened, it became logical to check the inverse of GLL which is UGL. Now, UGL goes up when gold does – just twice as fast. […]

Here we go, a new week. What does it have in store for us? To kick things off, we were kicked out of our GLL trade today. To the chart, Robin… You can see from the chart above that the price had a small drop today. Not much, but enough to see us off. The […]

The weekly Round up, is there anything more exciting…ok, the odd thing. It is that time of the week when we look at all the charts whether anything happened or not. Let’s start with Big Daddy, the S&P 500. S&P 500: UP = SSO, DOWN = SDS We are looking at SSO because it has […]

Not much to report this evening. GLL , the only open trade, is still hanging on. Maybe this is a good time to review why we are here and what we are doing. I have a Beginner’s book for traders and investors. I will put a link at the end. In that book I take […]