Trade DiaryFears still abound and financials are taking the beating of their lives. It’s the car crash scenario where you can’t look away and every time you look it looks worse. The ISEQ index of Irish shares is down 20% in the last five days. This has taken Bank of Ireland down to 4.50 and Allied Irish Bank to 6.90 (my purchase at 11 was not my greatest moment). Other recession proof industries like gambling are also taking it on the chin. Paddy Power is down 25% with rivals William Hill and Ladbrokes taking a trouncing. In fact there is very little on the upside. No shares on the FTSE 100 are in positive territory.
However with my -2.50 sell on FTSE yesterday not above 400 Euro I can’t complain. The question now is where to short again?
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Hi Chris,
I wanted to comment on Jim Cramer being ‘an ass’ but comments on that part of your blog are turned off. Jim is far far too loud. Some of the things he says do make sense at times, but he goes on and on. His previous colleague on Kramer & whatever it was called is equally as loud. He is hard to listen to and I’m sure people turn off, I know I do!
A suggestion on your Trading History info. It would be useful to add the following fields:
percentage gained (on trade)
percentage gained (in total)
And always have the Total amount filled in.
I see that you started back in November and just got back out with your initial 2k. You have added more stake (3.5k) so presume that is your base from your recent restart.
Good luck with the trades on the FTSE100 futures. I am not au fait with the “intimate feeling” of the FTSE shares. What I do know is that there is quite a mixed bag of companies in that index, with a heavy amount of resources and mining and financials which are pulling in opposite directions at the moment at times.
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