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Archive for March 5th, 2008

Z is a Paddy Power employee. He spent 10 years being something small in 'the City' before moving to Ireland and has been trading spread bets, on and off, for the last 4 years.

Right now Z is trading occasionally with the aim of supplementing his ‘day-job’ income. His current trading strategy means he tries to:
a) trade just one market (the FTSE)
b) make relatively few trades
c) make lower-risk trades
d) not let the sleep-loss caused by his new baby girl trash his judgement
 And The Winner Is …
Posted by Z on March 5, 2008
Category: Uncategorized, Trade Diaries, Don't Miss The Post - Blog Competition by Z 5 Comments

Our fantabulous Six Nations Rugby comeptitions have come to an end.

For reasons of anonymity we aren’t actually listing people’s names. However the lucky ‘new customer’ winner is Jason from Hull. Jason gets tickets to England Vs Ireland on the 15th March along with the travel, hospitality and the works.


Garden Gnome spent many years as a small-cap fund manager before his need to to spend more time with his lettuces got the better of him.
GG now spends rainy days trading equities and currencies. He likes to use a combination of technical analysis and news flow to make trading decisions.
 Cobham and JD Wetherspoon
Posted by Garden Gnome on March 5, 2008
Category: Shares & Indices, Trades With Legs by Garden Gnome 3 Comments

Leading UK defence and aerospace group Cobham is set to release annual results on Thursday.

Analysts estimate that pre-tax profits are likely to rise by about 8% to just under £200m


Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
 And They Lost The Football
Posted by FT on March 5, 2008
Category: Trade Diaries, Economics, Currencies by FT Comment

Today’s Services Purchasing Manager’s Index showed all too clearly the problems facing Europe. The ‘one size fits all’ composite index showed a higher than expected reading of 52.3. But peeling off the layer of Euro-hype reveals a picture of contrasting fortunes.


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